Palmyra Auto Insurance For Less Than You're Paying Now

If you are a novice to online auto insurance shopping, you may be confused by the hoards of auto insurance companies competing for business in Palmyra.

If you have a current auto insurance policy or need a new policy, you can follow these tips to shop for the lowest rates and possibly find even better coverage. Pricing the cheapest protection in Palmyra is quite easy. Virginia vehicle owners just need to know the proper methods to shop their coverage around over the internet.

More discounts equal less premium

Companies don't list every discount in a way that's easy to find, so we took the time to find both well-publicized as well as the least known auto insurance savings. If you aren't receiving every discount you qualify for, you're paying more than you need to.

Military Discounts - Having a deployed family member may qualify for rate reductions.
Good Student - A discount for being a good student can be rewarded with saving of up to 25%. This discount can apply well after school through age 25.
Save over 55 - Mature drivers may be able to get a discount up to 10%.
Payment Method - If you pay your bill all at once instead of paying each month you could save 5% or more.
Memberships - Participating in a civic or occupational organization could qualify you for a break when shopping for auto insurance.
Federal Employees - Being employed by or retired from a federal job may qualify you for a discount with a few auto insurance companies.
Distant Student - Children 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.
Discount for Life Insurance - Select insurance companies reward you with better rates if you take out auto and life insurance together.
Accident Forgiveness - A handful of insurance companies will forgive one accident before raising your premiums if your claims history is clear for a particular time prior to the accident.
Discount for New Cars - Adding a new car to your policy can be considerably cheaper due to better safety requirements for new cars.

Drivers should understand that most of the big mark downs will not be given to the entire policy premium. Most only cut individual premiums such as liability and collision coverage. So when it seems like having all the discounts means you get insurance for free, companies wouldn't make money that way.

To see a list of insurance companies who offer auto insurance discounts in Palmyra, follow this link.

Auto Insurance Comparison Rates in Palmyra, VA

Most companies give insurance quotes on the web. This process doesn't take much effort as you simply type in your personal and coverage information into the quote form. Once you submit the form, the company's rating system will obtain credit information and your driving record and generates pricing information based on these and other factors.

Online quotes makes it a lot easier to compare rates but the time it takes to visit different websites and fill out multiple forms gets old quite quickly. Unfortunately, it is important to have as many quotes as possible in order to get a lower rate.

The easy way to compare rates

The preferred way to compare rates uses one form that gets prices from several different companies. It's a real time-saver, eliminates form submissions, and makes online price comparison much more enjoyable and efficient. Once the form is submitted, your coverage is rated and you can select your choice of the price quotes you receive. If a lower price is quoted, you simply finish the application and purchase coverage. This process takes 15 minutes at the most and you will know how your current rates stack up.

To find out how much you're overpaying now, click here and submit your coverage information. If you currently have coverage, we recommend you copy coverages and limits just like they are on your policy. This makes sure you're receiving an apples-to-apples comparison based on the exact same insurance coverage.

Understand what determines the rate you pay

An important part of buying insurance is that you know some of the elements that help determine the price you pay for auto insurance. Having a good understanding of what controls the rates you pay helps enable you to make changes that will entitle you to big savings.

Safe vehicles cost less to insure - Vehicles with good safety scores are cheaper to insure. The safest vehicles have better occupant injury protection and lower injury rates means less money paid by your insurance company and more competitive rates for policyholders.
Careful drivers pay lower rates - Even one moving violation may increase your cost by as much as thirty percent. Drivers with clean records have lower premiums compared to drivers with tickets. If you have flagrant violations like hit and run, DWI or reckless driving convictions may find they need to file a proof of financial responsibility form (SR-22) with their state DMV in order to keep their license.
Men pay higher rates - Statistics show women are more cautious behind the wheel. However, this does not mean men are WORSE drivers than women. They both cause accidents in similar percentages, but the men have costlier accidents. Men also statistically get cited for more serious violations such as DWI and reckless driving. Teenage male drivers are most likely to cause an accident and therefore have the most expensive auto insurance rates.
Special features that cut premiums - Owning a car with an alarm system can help bring down rates. Theft prevention features such as vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems can help prevent your car from being stolen.

It's not one size fits all

When choosing the right insurance coverage for your vehicles, there really is not a cookie cutter policy. Everyone's situation is a little different.

Here are some questions about coverages that may help highlight if you might need professional guidance.

Do I have coverage when using my vehicle for my home business?
Do I need to file an SR-22 for a DUI in Virginia?
Should I buy additional glass protection?
Do I have any recourse if my insurance company denies a claim?
Do I qualify for additional discounts?
Why am I required to get a high-risk car insurance policy?

If you don't know the answers to these questions but you think they might apply to your situation, then you may want to think about talking to a licensed agent. If you want to speak to an agent in your area, take a second and complete this form. It only takes a few minutes and can help protect your family.

Switch companies and save? Really?

Virginia consumers can't get away from ads for cheaper car insurance from companies such as State Farm, Allstate and GEICO. They all say the same thing that you'll save big after switching your policy.

How can each company make almost identical claims?

All the different companies have a certain "appetite" for the right customer that is profitable for them. For example, a driver they prefer could possibly be between 30 and 50, a clean driving record, and has a high credit rating. A customer getting a price quote who fits that profile will qualify for the lowest rates and therefore will save when they switch companies.

Potential customers who do not match the requirements will be quoted a higher premium which usually ends up with the driver buying from a lower-cost company. The ad wording is "customers that switch" not "everyone that quotes" save that kind of money. That is how companies can state the savings. This emphasizes why drivers must compare many company's rates. It's impossible to know which company will have the lowest rates.

A tidy conclusion

Consumers change insurance companies for a number of reasons such as unfair underwriting practices, poor customer service, denial of a claim or extreme rates for teen drivers. It doesn't matter why you want to switch choosing a new insurance company is actually quite simple.

You just read many ways to compare auto insurance prices online. The most important thing to understand is the more providers you compare, the higher your chance of finding lower rates. Consumers may even find the best prices are with some of the lesser-known companies.

As you restructure your insurance plan, it's not a good idea to reduce coverage to reduce premium. There have been many situations where someone dropped physical damage coverage only to discover later that they should have had better coverage. The proper strategy is to purchase a proper amount of coverage at a price you can afford while still protecting your assets.

Additional Virginia consumer information

More detailed Virginia auto insurance information can be found at the Virginia Bureau of Insurance website. Virginia consumers can find disaster information, file complaints about a company, and learn about insurance regulations.