Buy the Cheapest Penn Laird Auto Insurance

Overpriced auto insurance can empty your bank account and force you to make sacrifices. Shopping your coverage around is a smart way to reduce premiums and put more money in your pocket.

Companies like State Farm, Allstate, GEICO and Progressive all claim big savings with ad campaigns and it can be hard to sift through the bull and do the work needed to find the best deal.

How much can you save with discounts?

Car insurance companies don't always advertise every discount in a way that's easy to find, so we took the time to find some of the best known and the harder-to-find auto insurance savings.

  • Government Employees - Active or retired federal employment could cut as much as 10% off with a few auto insurance companies.
  • New Vehicle Savings - Insuring a new car is cheaper because new vehicles have to meet stringent safety requirements.
  • Drivers Ed for Students - Make teen driver coverage more affordable by requiring them to successfully complete driver's ed class in high school.
  • Pay Upfront and Save - If you pay your bill all at once instead of monthly or quarterly installments you could save 5% or more.
  • Clubs and Organizations - Affiliation with a civic or occupational organization could qualify you for a break when shopping for auto insurance.

Keep in mind that most of the big mark downs will not be given to your bottom line cost. Most only apply to the price of certain insurance coverages like comp or med pay. So when it seems like all the discounts add up to a free policy, it just doesn't work that way.

Learn How to Buy Auto Insurance Cheaper

Smart consumers have a good feel for some of the elements that come into play when calculating auto insurance rates. Having a good understanding of what influences your rates helps enable you to make changes that will entitle you to much lower annual insurance costs.

  • Keep rates low by being claim-free - Companies in Virginia provide cheaper rates to drivers who do not rely on their insurance for small claims. If you file claims often, you can expect higher rates. Your insurance policy is intended to be relied upon for the bigger claims that can't be paid out-of-pocket.
  • Lower miles equals lower premium - The more you drive in a year's time the higher your rate. The majority of insurers price each vehicle's coverage based on their usage. Vehicles used primarily for pleasure use qualify for better rates compared to those used for work or business. Double check that your auto insurance policy is rated on the correct driver usage.
  • Special features that cut premiums - Purchasing a vehicle with anti-theft technology or alarm system can help bring down rates. Anti-theft devices such as vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems all aid in stopping your car from being stolen.
  • Do you have enough liability coverage? - The liability section of your policy is the protection when a jury decides you are liable for damages caused by your negligence. It provides for a legal defense which can be incredibly expensive. Liability insurance is quite affordable compared to insuring for physical damage coverage, so buy as much as you can afford.
  • Rates may be lower depending on your job - Careers like lawyers, architects and dentists are shown to have the highest average rates in part from high stress and long work days. Other occupations like pilots, historians and the unemployed pay the least.

How much car insurance do I need?

When it comes to buying the right insurance coverage for your personal vehicles, there really is not a one size fits all plan. Everyone's situation is unique so your insurance needs to address that. For example, these questions can help discover if your insurance needs will benefit from professional help.

  • Do I have coverage for damage caused while driving under the influence?
  • Who is covered when they drive my vehicle?
  • Is my cargo covered for damage or theft?
  • What can I do if my company won't pay a claim?
  • Do I qualify for additional discounts?
  • What companies insure drivers after a DUI or DWI?
  • Do I have coverage when using my vehicle for my home business?

If you don't know the answers to these questions, then you may want to think about talking to a licensed agent. To find lower rates from a local agent, complete this form or you can also visit this page to select a carrier

Save 15 percent in 15 minutes? Is it for real?

Auto insurance providers like Progressive, Allstate and GEICO regularly use television and radio advertisements. They all say the same thing that you can save if you move your policy. How can each company say the same thing? This is how they do it.

Insurance companies have a preferred profile for the right customer that earns them a profit. For example, a driver they prefer might be profiled as between the ages of 40 and 55, has no prior claims, and chooses high deductibles. A propective insured who fits that profile is entitled to the best price and is almost guaranteed to save when they switch companies.

Potential customers who don't meet the requirements will be quoted a higher premium which usually ends up with business not being written. The ads state "drivers who switch" but not "drivers who get quotes" save that kind of money. This is how insurance companies can state the savings. This emphasizes why drivers should get as many comparisons as possible. It's not possible to predict which insurance companies will give you the biggest savings.

Learn more about auto insurance in Virginia

Additional detailed information can be found at the Virginia Bureau of Insurance website. Virginia drivers can download brochures, file complaints about an insurance agent or broker, view a list of available companies, and find out which companies have the most complaints.

Virginia auto insurance quotes

Final considerations

When buying insurance coverage, it's not a good idea to skimp on coverage in order to save money. There are too many instances where consumers will sacrifice physical damage coverage only to discover later that their decision to reduce coverage ended up costing them more. Your strategy should be to buy a smart amount of coverage for the lowest price while still protecting your assets.

Affordable auto insurance is possible on the web in addition to many Penn Laird insurance agents, so you should be comparing quotes from both to have the best rate selection. Some insurance companies do not provide you the ability to get quotes online and these regional insurance providers work with independent agents.