Virginia has a number of coverage requirements that can drive up the cost of auto insurance if you don’t know how to get the best discounts on your policy. There are many discounts available on car insurance, so you are probably eligible for at least a couple of the offerings. While a single discount may not seem to make a huge difference in your overall premiums, combining two or three might save you a significant amount of cash. We’ve got the tips you need to make sure you get every possible discount you deserve.
Good Driver Discounts
One of the easiest ways to save on your car insurance in Virginia is to maintain a clean driving record. Motorists who do not get moving violations or report accidents can qualify for good driver discounts. This means that if you are in a minor fender bender, you might want to think twice before reporting it to the insurance company, unless you want to see your premiums rise.
Multiple Policy Discounts
Customers who offer more business to the insurance company will also see a monetary benefit. Most companies offer discounts to customers who insure more than one vehicle with them. In fact, some customers pay as much to insure one vehicle as they do to insure two! You can also save on premiums by combining your auto insurance in Virginia with your homeowner’s insurance. You might even get a discount for keeping your business with the same company for a number of years.
Low Mileage Discounts
How much do you drive your vehicle? If you take public transportation or carpool to work, you might qualify for a low mileage discount. Most companies have set mileage amounts they work with, so it pays to know how many miles a week you put on your vehicle. Retired persons might also benefit from a low mileage discount, since they don’t tend to drive as often as their working counterparts.
People who drive low profile vehicles may also qualify for discounts. Insurance companies like covering these vehicles because they are less likely to be stolen and they are less costly to repair after an accident. Companies also offer discounts for vehicles with safety features, like anti-lock brakes or extra airbags, and with anti-theft devices.
You can also enjoy a discount if you have a student on your policy that makes stellar grades. Some companies will also provide savings to drivers who take a defensive driving course. You might also get a savings if you are insuring a farm vehicle that will primarily be used on your own property.
While most insurance companies are good about finding out what discounts you might qualify for, it is always a good idea to know what possible savings are available. By learning about the various discounts offered by insurance companies, you can rest assured that you will enjoy the best possible savings on your car insurance premiums.