Drivers across the state look for cheap car insurance in Virginia. In the name of lowering premiums, some people will even exclude important coverages. However, there are some effective ways to decrease your monthly payments for car insurance without sacrificing the coverage you need.
Raise Your Deductible
Your insurance deductible is the amount you pay out-of-pocket if you are liable for an accident. If your financial situation allows, consider raising your deductible. This will lower your premium by as much as 30 percent, in some cases.
Improve Your Credit
Insurance providers consider many factors when putting together your quote, including your credit. You can maintain your good credit or increase a less-than-great credit score to reduce your insurance costs.
Insurance companies also take the amount of driving you do into consideration when deciding on your premium. Carpool, take public transportation, or ride your bike to reduce overall mileage and you may see a discount in your insurance costs. Plus, you may save money on fuel costs too.
Ask About Additional Discounts
Many insurance providers offer discounts for things such as having good grades or taking driving courses. Ask your agent what discounts you may be eligible for and you might start saving serious cash.
You don’t have to lose important coverage just to make your insurance fit into your budget. Consider giving these tips a try first when you’re searching for cheap car insurance in Virginia.