Looking at your Norfolk insurance quotes can be much like examining the Chrysler Museum of Art walls; although they are all works of art, each piece was created differently. If you're searching for car insurance, don't be surprised if you receive one quote for $655 from one company and $700 from another. Each insurance company will assess the risk of insuring you and base their rate accordingly. Bottom line: the lower your risk, the cheaper your premium. Here are a few things to ponder before you scout out your Norfolk insurance quotes:
The Bare Essentials
To register your vehicle in the State of Virginia you are required to purchase minimum auto insurance coverage in the amounts of $25,000 for bodily injury or death or one person, $50,000 for bodily injury or death of two or more persons, and $20,000 for property damage. You can opt to pay a $500 Uninsured Motor Vehicle fee at the time of registration that expires with your registration, but it will not provide insurance. This means you can drive an uninsured vehicle at your own risk. You may find yourself in a precarious situation with this option seeing as it could easily cost $500 just to replace your bumper. States require minimum coverage to protect drivers from having to deal with the expensive of paying for medical bills and auto repair bills on their own after an accident. By increasing your coverage or adding comprehensive and collision coverages to your Norfolk insurance policy, you can safeguard your car, other drivers and your wallet.
Guard Your Territory
According to the Insurance Information Institute (I.I.I.), Virginia dwellers paid on average $683 for their homeowners insurance in 2007. Seeing as The Old Dominion experiences hurricanes and tropical storms, Norfolk residents should celebrate their rates deeply. According to the FBI's 2008 Crime in the United States report, Norfolk held the number two spot for property crimes in Virginia (12,195 property crimes), losing to Virginia Beach (12,609 property crimes). Factors that affect your Norfolk insurance quotes are your home's structure, the personal possessions you wish to insure, and your liability to others. You will see higher insurance quotes if you have many valuables to protect or if your pet is from an ill-tempered breed. To make certain you're getting the best, most affordable coverage, tell your Norfolk insurance agent if you've installed storm shutters or a burglar alarm as you may reap savings. If you'd like to see additional savings try combining your auto and homeowners insurance or you can opt to pay a higher deductible.
Thicken Your Wallet
To get the best price on the coverage you need, it's important to gather several Norfolk insurance quotes. To avoid scouting out Norfolk insurance quotes on your own, use a free service like NetQuote to do the work for you. NetQuote representatives will match your profile to competing companies who want to ensure they can insure you.