9 Methods to Save on Car Insurance in North Tazewell

Scraping up a payment for overpriced car insurance can drain your personal savings and put a big crunch on your finances. Doing a price comparison is free and is an excellent way to reduce premiums and put more money in your pocket.

Since consumers have many companies and agents to choose from, it can be impossible to locate the cheapest insurance company.

It's important to do rate comparisons on a regular basis since rates are constantly changing. Despite the fact that you may have had the lowest rates last year you will most likely find a better rate today. So just ignore everything you know about car insurance because we're going to show you the tricks you need to know to remove unneeded coverages and save money.

Finding affordable protection in North Tazewell is not that difficult. Essentially anyone who is required by state law to have car insurance stands a good chance to be able to lower their premiums. But Virginia consumers do need to know the way insurance companies compete online and use this information to your advantage.

More discounts equal less premium

Car insurance is not cheap, but you may find discounts to cut the cost considerably. Larger premium reductions will be automatically applied at the time of purchase, but lesser-known reductions have to be asked for prior to receiving the credit.

  • Anti-theft Discount - Vehicles equipped with anti-theft or alarm systems are stolen less frequently and qualify for as much as a 10% discount.
  • E-sign - Certain companies may give you up to $50 for buying a policy and signing up online.
  • Resident Student - Any of your kids who attend school more than 100 miles from home and do not have access to a covered vehicle may be able to be covered for less.
  • Braking Control Discount - Cars that have steering control and anti-lock brakes can reduce accidents and qualify for as much as a 10% discount.
  • Multi-policy Discount - If you have multiple policies with the same insurance company you could get a discount of up to 20% off your total premium.
  • Own a Home - Being a homeowner may earn you a small savings due to the fact that maintaining a home is proof that your finances are in order.
  • Driver's Ed - Make teen driver coverage more affordable by requiring them to take driver's ed class if it's offered in school.
  • Military Rewards - Having a family member in the military may qualify for rate reductions.
  • Accident Free - Drivers who don't have accidents can save substantially compared to drivers who are more careless.

Drivers should understand that many deductions do not apply to all coverage premiums. A few only apply to the cost of specific coverages such as comprehensive or collision. So even though they make it sound like you can get free auto insurance, companies wouldn't make money that way. But all discounts will help reduce your premiums.

North Tazewell car insurance quote

Switch companies and save? Really?

Companies like Allstate and Progressive continually stream ads in print and on television. All the ads make the same claim that you'll save big after switching to them. But how can every company claim to save you money?

All companies have a preferred profile for the type of driver that earns them a profit. For example, a preferred risk might be a mature driver, insures multiple vehicles, and drives newer vehicles. Any new insured who matches those parameters receives the best rates and therefore will save a lot of money.

Potential customers who do not match this ideal profile will be charged higher prices which leads to the customer not buying. Company advertisements say "people who switch" not "everyone that quotes" save money. This is how companies can claim big savings.

That is why you should compare many company's rates. It's just too difficult to predict which insurance companies will give you the biggest savings.

Much more information about car insurance in Virginia can be found on the website for the Virginia Bureau of Insurance through this link. Visitors are able to read consumer alerts, get help finding coverage, read enforcement actions against agents and companies, and find out industry alerts.

Also read more on BankRate.com's Car Insurance: When not to Skimp and this North Tazewell agent directory.

Final considerations

When trying to cut insurance costs, do not buy lower coverage limits just to save a few bucks. Too many times, drivers have reduced uninsured motorist or liability limits only to regret that it was a big mistake. The aim is to buy enough coverage at an affordable rate, not the least amount of coverage.

Budget-conscious car insurance can be bought both online and with local North Tazewell insurance agents, and you need to price shop both so you have a total pricing picture. A few companies do not offer you the ability to get quotes online and many times these regional insurance providers only sell through independent insurance agents.