Have you fallen victim to high-priced car insurance? Believe me when I say there are many Fredericksburg consumers feeling the pinch from expensive car insurance. Numerous auto insurance companies battle for your hard-earned dollar, and it can be difficult to compare rates to find the lowest rate possible.
Smart consumers take time to take a look at other company’s rates every six months due to the fact that insurance rates are adjusted regularly by insurance companies. Despite the fact that you may have had the lowest price a year ago you will most likely find a better rate today. Starting right now, ignore everything you know about car insurance because you’re about to learn one of the quickest ways to save on car insurance.
Free Fredericksburg Car Insurance Quotes
Comparing car insurance rates can be exhausting if you don’t understand the best way to get rate quotes. You can waste a lot of time talking to local insurance agents in Fredericksburg, or you could use online quoting to get rates in a matter of minutes.
Many popular insurance companies participate in an industry program that enables customers to enter their coverage request one time, and every company returns a rated price based on that information. This system prevents you from having to do form submissions to every company. To find out what other companies charge click here to open in new window.
The single downside to doing it this way is you can’t choose the providers you want to price. So if you prefer to choose individual companies to request quotes from, we have a listing of the cheapest car insurance companies in Virginia. Click here to view list.
However you get your quotes, be sure to compare the exact same information for each comparison quote. If you compare differing limits it will be next to impossible to find the best deal in Fredericksburg.
Lower rates by qualifying for these eight discounts
Car insurance is not cheap, but there could be available discounts that can drop the cost substantially. Some discounts apply automatically at the time of purchase, but some may not be applied and must be specifically requested before you will receive the discount. If they aren’t giving you every credit you deserve, you are throwing money away.
- Save with a New Car – Adding a new car to your policy is cheaper because new vehicles have to meet stringent safety requirements.
- Early Switch Discount – Some companies give discounts for switching to them prior to your current policy expiring. It’s a savings of about 10%.
- Homeowners Discount – Owning a home in Fredericksburg may trigger a car insurance policy discount because of the fact that having a home requires personal responsibility.
- Club Memberships – Affiliation with certain professional organizations may earn a discount on car insurance.
- Good Student Discount – Performing well in school can save 20 to 25%. This discount can apply until age 25.
- Resident Student – Any of your kids who attend school more than 100 miles from home and do not have a car may qualify for this discount.
- Safe Driver Discount – Safe drivers may save up to 50% more than their less cautious counterparts.
- Life Insurance Discount – Companies who offer life insurance give better rates if you take out life insurance.
Drivers should understand 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 liability and collision coverage. Just because you may think it’s possible to get free car insurance, it just doesn’t work that way. But all discounts will reduce the amount you have to pay.
To choose insurance companies who offer car insurance discounts in Fredericksburg, follow this link.
Auto insurance coverage information
Understanding the coverages of your policy can help you determine the best coverages for your vehicles. The terms used in a policy can be difficult to understand and reading a policy is terribly boring. Shown next are the normal coverages found on most car insurance policies.
Medical costs insurance – Coverage for medical payments and/or PIP reimburse you for immediate expenses for things like EMT expenses, hospital visits, X-ray expenses and nursing services. They can be used to cover expenses not covered by your health insurance policy or if you do not have health coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants and will also cover getting struck while a pedestrian. Personal injury protection coverage is not universally available and may carry a deductible
UM/UIM Coverage – Your UM/UIM coverage provides protection when the “other guys” either have no liability insurance or not enough. Covered losses include injuries sustained by your vehicle’s occupants and also any damage incurred to your vehicle.
Due to the fact that many Virginia drivers carry very low liability coverage limits (25/50/20), it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is important protection for you and your family. Most of the time these limits do not exceed the liability coverage limits.
Collision – Collision insurance pays to fix your vehicle from damage resulting from a collision with a stationary object or other vehicle. You will need to pay your deductible then the remaining damage will be paid by your insurance company.
Collision coverage pays for claims like rolling your car, backing into a parked car, crashing into a building, crashing into a ditch and damaging your car on a curb. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are older. Another option is to bump up the deductible to save money on collision insurance.
Auto liability insurance – Liability insurance will cover injuries or damage you cause to other’s property or people. Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have limits of 25/50/25 which means $25,000 in coverage for each person’s injuries, a total of $50,000 of bodily injury coverage per accident, and property damage coverage for $25,000. Another option is one number which is a combined single limit which combines the three limits into one amount rather than limiting it on a per person basis.
Liability coverage pays for claims such as court costs, medical expenses, repair costs for stationary objects, pain and suffering and repair bills for other people’s vehicles. How much coverage you buy is a personal decision, but it’s cheap coverage so purchase as high a limit as you can afford. Virginia requires drivers to carry at least 25,000/50,000/20,000 but you should think about purchasing better liability coverage.
Comprehensive or Other Than Collision – Comprehensive insurance covers damage OTHER than collision with another vehicle or object. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive insurance covers things such as falling objects, hail damage, a tree branch falling on your vehicle and rock chips in glass. The highest amount you can receive from a comprehensive claim is the actual cash value, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.
Additional information is located on the website for the Virginia Bureau of Insurance located here. Virginia consumers can read enforcement actions against agents and companies, read consumer alerts, discover disciplinary actions, and learn about specific coverages.