Comparing Cheap Haymarket Car Insurance

Are you tired of not being able to afford each month for car insurance? Your situation is no different than many other Virginia drivers. Drivers have so many to buy insurance from, and although it's nice to be able to choose, too many choices makes it more difficult to compare rates.

Buying car insurance in Haymarket is quite easy. If you are paying for car insurance now, you stand a good chance to be able to lower your premiums substantially using these methods. Virginia drivers only need an understanding of the most effective way to get comparison rates online.

How to Lower your Car Insurance Rates

Consumers need to have an understanding of some of the elements that come into play when calculating your car insurance rates. Knowing what determines base rates empowers consumers to make smart changes that will entitle you to big savings.

The list below includes a few of the "ingredients" used by your company to calculate prices.

  • Always keep insurance in force - Not having insurance is illegal and you will pay a penalty because you let your coverage have a gap. Not only will you pay more, but being ticketed for driving with no insurance might get you a steep fine or even jail time.You may need to provide proof of insurance in the form of an SR-22 filing with the Virginia DMV.
  • Rates may be lower depending on your job - Careers like lawyers, architects and financial analysts have higher average rates due to job stress and lots of time spent at work. Conversely, professions such as farmers, engineers and the unemployed get better rates.
  • Special features that cut premiums - Driving a car with a theft deterrent system can get you a discount on your car insurance. Anti-theft devices like LoJack tracking devices, vehicle tamper alarm systems or GM's OnStar system all hinder your car from being stolen.
  • Teen drivers pay high rates - Young drivers in Virginia tend to be careless and easily distracted in a vehicle so they pay higher car insurance rates. Mature drivers are more cautious drivers, file fewer claims and receive fewer citations.
  • How's your driving record? - A bad driving record has a lot to do with how much you pay for insurance. Drivers who don't get tickets get better rates than people who have multiple driving citations. Just one citation can bump up the cost by twenty percent. If you have severe violations like DUI or reckless driving may find they need to file a SR-22 with their state motor vehicle department in order to drive a vehicle legally.
  • Bump up deductibles to save - Your deductibles define the amount you are required to spend out-of-pocket if you file a covered claim. Coverage for physical damage, termed comprehensive and collision coverage on your policy, covers damage that occurs to your car. A few examples of covered claims are running into the backend of another car, vandalism, and windstorm damage. The higher the amount you have to pay, the less your company will charge you for insurance.
  • Bundling policies can get discounts - The majority of companies provide better rates to policyholders who carry more than one policy in the form of a multi-policy discount. If you currently are using one company, it's still a good idea to comparison shop to verify if the discount is saving money. Consumers may find better rates by buying car insurance from a different company.
  • Protect your assets with liability insurance - The liability section of your policy will protect you when you are found to be at fault for personal injury or accident damage. It will provide for a legal defense which can cost thousands of dollars. Liability insurance is quite affordable compared to insuring for physical damage coverage, so buy as much as you can afford.

Compare Haymarket Car Insurance Costs

Reducing your insurance rates isn't really that difficult. You just have to spend a little time to compare rate quotes online from several insurance companies. This can be done in a couple of different ways.

  1. The fastest way to compare a lot of rates at once is to use a rate comparison form click to view form in new window. This method eliminates the need for separate forms to each individual car insurance company. In just a few minutes this one form will return price quotes from several companies.
  2. Another way to get quotes online consists of visiting the website of each company to complete their respective quote request forms. For examples sake, we'll pretend you want rates from , and . To find out each rate you need to take the time to go to each site to enter your coverage information, which is why the first method is quicker.

    To view a list of companies in Haymarket, click here.

It doesn't matter which method you choose, just ensure you're using identical deductibles and coverage limits on every quote you get. If the quotes have different values for each quote then you won't be able to determine which rate is truly the best in Haymarket.

Save big with these discounts

Companies offering auto insurance don't necessarily list every discount very clearly, so we took the time to find some of the more common and also the lesser-known car insurance savings. If you're not getting every credit available, you are paying more than you should be.

  • Use Seat Belts - Buckling up and requiring all passengers to use a seat belt could cut 10% or more on the medical payments or PIP coverage costs.
  • Claim Free - Claim-free drivers can save substantially when compared to accident-prone drivers.
  • Pay Upfront and Save - If you pay your bill all at once instead of making monthly payments you could save up to 5%.
  • New Car Discount - Putting insurance coverage on a new car can cost up to 25% less due to better safety requirements for new cars.
  • Good Students Pay Less - This discount can be rewarded with saving of up to 25%. This discount can apply up to age 25.
  • More Vehicles More Savings - Insuring multiple cars or trucks with the same company can get a discount on all vehicles.
  • Theft Prevention System - Anti-theft and alarm systems prevent vehicle theft and earn discounts up to 10%.
  • Organization Discounts - Belonging to a qualifying organization could qualify you for a break when shopping for car insurance.

Consumers should know that most credits do not apply to the entire cost. Most only reduce specific coverage prices like comp or med pay. So even though it sounds like having all the discounts means you get insurance for free, companies don't profit that way.

To choose insurance companies with the best car insurance discounts in Virginia, follow this link.

Car insurance ads bend the truth

Consumers can't ignore all the ads for the lowest price auto insurance from the likes of Progressive, Allstate and GEICO. They all say the same thing of big savings if you move your coverage to them.

How does each company make the same claim? It's all in the numbers.

All the different companies can use profiling for the type of customer that makes them money. For example, a driver they prefer could be a mature driver, is a homeowner, and has great credit. A customer who fits that profile will get the preferred rates and most likely will save when switching.

Potential customers who fall outside these standards will be quoted a higher premium which usually ends up with business going elsewhere. The ads state "customers who switch" not "people who quote" save that much money. That's why insurance companies can confidently advertise the savings. This emphasizes why you need to get as many quotes as possible. Because you never know the company that will give you the biggest savings.

More tips and info about car insurance can be found at the Virginia Bureau of Insurance website. Consumers can find a variety of consumer forms, read industry bulletins, view a list of available companies, and read enforcement actions against agents and companies.

Best coverage at the best price

As you prepare to switch companies, it's very important that you do not reduce coverage to reduce premium. There are too many instances where an accident victim reduced physical damage coverage only to discover later that the small savings ended up costing them much more. Your strategy should be to get the best coverage possible at the best price while still protecting your assets.

Cost effective car insurance is possible from both online companies as well as from independent agents in Haymarket, and you need to price shop both to have the best rate selection. There are still a few companies who don't offer online price quotes and these regional insurance providers work with independent agents.