Are you looking for a better way to compare the cheapest auto insurance rates in Roanoke, VA? I can't think of anyone who rejoices having to buy auto insurance, especially knowing they are paying too much.

Astonishing but true, a large majority of auto insurance policyholders kept buying from the same company for a minimum of four years, and 38% of drivers have never compared rate quotes at all. Roanoke drivers could save almost 45% a year just by shopping around, but they don't understand how simple it is to shop around. Big companies like GEICO, Progressive and Allstate continually bombard you with TV and radio ads and consumers find it hard to ignore the promise of big savings and effectively compare rates to find the best deal.

Smart consumers take time to quote other rates periodically due to the fact that insurance prices change frequently. Just because you had the lowest rates on auto insurance a couple years back you may be paying too much now. There is a lot of bad information regarding auto insurance on the internet, but by reading this article, you're going to learn some tested techniques to lower your auto insurance premiums.

If you have insurance now or just want cheaper coverage, use these money-saving tips to save money without reducing coverage. Buying the cheapest insurance in Roanoke can initially seem challenging. You only need an understanding of the fastest way to compare different rates using one simple form.

Car insurance companies offering cheap rates in Virginia

The following companies are ready to provide free rate quotes in Roanoke, VA. If several companies are displayed, we recommend you click on several of them in order to get a fair rate comparison.

Insurance Costs for Popular Vehicles in Roanoke
Make, Model, and Trim Level Annual Policy Premium 6-month Policy Premium Monthly Premium
Chevrolet Colorado LT Extended Cab 4WD $574 $287 $48
Chevrolet Equinox LT AWD $912 $456 $76
Chevrolet Impala LT $886 $443 $74
Chevrolet Silverado Crew Cab Hybrid 4WD $930 $465 $78
Dodge Ram Quad Cab Laramie 4WD $828 $414 $69
Ford Escape XLT 2WD $772 $386 $64
Ford F-150 XLT Crew Cab 4WD $796 $398 $66
Ford Focus SES 2-Dr Coupe $952 $476 $79
GMC Sierra SLE Crew Cab 2WD $676 $338 $56
Honda Accord EX 4-Dr Sedan $582 $291 $49
Honda CR-V LX 4WD $772 $386 $64
Honda Civic EX-L 4-Dr Sedan $866 $433 $72
Hyundai Sonata GLS 4-Dr Sedan $944 $472 $79
Jeep Grand Cherokee Laredo 2WD $1,022 $511 $85
Mazda 3 I Touring 4-Dr Sedan $758 $379 $63
Nissan Altima 3.5 SR 4-Dr Sedan $844 $422 $70
Toyota Camry SE $864 $432 $72
Toyota Corolla S $1,044 $522 $87
Toyota Prius $674 $337 $56
Get Your Own Custom Quote Go

Data assumes single female driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Virginia minimum liability limits. Discounts applied include safe-driver, homeowner, multi-policy, multi-vehicle, and claim-free. Rate quotes do not factor in specific location information which can change premiums significantly.

How much more does full coverage cost?

The example below shows the comparison of Honda Pilot auto insurance rates with liability coverage only compared to full coverage. Data assumes no violations or claims, $100 deductibles, married male driver, and no discounts are applied to the premium.

Honda Pilot rates are for example purposes only. To get rates for your specific vehicle, click here.

Are you wasting money paying for full coverage?

There is no set guideline for eliminating physical damage coverage, but there is a general guideline you can use. If the annual cost of having full coverage is about 10% or more of any settlement you would receive from your insurance company, then it may be the right time to buy liability only.

For example, let's assume your Honda Pilot claim settlement value is $9,000 and you have $1,000 deductibles. If your vehicle is damaged in an accident, the most you would get paid by your company is $8,000 after paying your policy deductible. If it's costing in excess of $800 annually for comprehensive and collision coverage, then you may want to consider only buying liability coverage.

There are some conditions where buying only liability insurance is not advised. If you have an outstanding loan on your vehicle, you are required to maintain full coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if your emergency fund is not enough to purchase a different vehicle in the even your car is totaled, you should not eliminate full coverage.

Physical damage deductibles

The diagram below demonstrates how deductible levels and can affect Ford Fusion annual premium costs for different age groups. The data assumes a single male driver, comprehensive and collision coverage, and no other discounts are factored in.

Ford Fusion rates are for example purposes only. To get rates for your specific vehicle, click here.

Comparison of auto insurance rates by gender and age

The information below illustrates the comparison of insurance rates for male and female drivers in Roanoke. The prices are based on no accidents, no driving violations, comprehensive and collision coverage, $500 deductibles, drivers are not married, and no discounts are applied on a Kia Optima SX.

Kia Optima rates are for example purposes only. To get rate quotes for your specific vehicle, click here.

Save a ton by taking advantage of discounts

Car insurance is not cheap nor is it fun to buy but you might be missing out on some discounts that can drop the cost substantially. Some discounts apply automatically at quote time, but some may not be applied and must be asked for before you will receive the discount.Cheaper car insurance with discounts

One last thing about discounts, most discount credits are not given to all coverage premiums. Most only reduce individual premiums such as physical damage coverage or medical payments. If you do the math and it seems like all the discounts add up to a free policy, that's just not realistic.

Large car insurance companies and their offered discounts are detailed below.

If you need affordable Roanoke car insurance quotes, ask each insurance company how many discounts you can get. All car insurance discounts might not be offered on policies in your area.

Buyer beware of car insurance advertising tricks

Virginia drivers can't escape the ads that claim the best auto insurance rates by State Farm, GEICO and Progressive. All the ads have a common claim about saving some big amount if you move your car insurance policy to them.

How can each company lower your auto insurance rates? You have to listen carefully.

Car insurance companies quote the lowest rates for the type of customer that makes them money. For example, a desirable insured should be between 30 and 50, insures multiple vehicles, and insures a new vehicle. Anyone who meets those qualifications will get the preferred rates in Roanoke as well as save when switching.

Drivers who do not fit this stringent profile will be quoted higher premiums and this results in business not being written. The trick is to say "people who switch" not "everyone that quotes" save the amount stated. That's the way companies can make claims like that. Because of these techniques, drivers should get a wide range of price quotes. It is impossible to guess with any certainty which company will have the best premium rates for your profile.

Car insurance claim information

Does your vehicle tend to have claims? The next tables list the highest and lowest manufacturer models for the probability of having claims for each type of coverage listed.

Medical Payment Claims by Vehicle Model
Lowest Claim Frequency Highest Claim Frequency
Chevrolet Silverado 3500 Chevrolet Spark
Audi A4 Allroad Mitsubishi Mirage
Tesla Model S Chevrolet Sonic
Ford F-350 SuperCrew Kia Forte
Chevrolet Silverado 2500 Nissan Sentra
Ford Expedition Mitsubishi Lancer

Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years

Bodily Injury Liability Claims by Manufacturer Model
Lowest Claim Frequency Highest Claim Frequency
Volvo XC60 Chevrolet Sonic
Subaru Outback Kia Optima
Chevrolet Corvette Hyndai Accent
Mercedes-Benz SL Class Chevrolet Cruze
Acura MDX Chrysler 200
Subaru Forester Chevrolet Impala

Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years

Collision Claims by Vehicle Model
Lowest Claim Frequency Highest Claim Frequency
Ford F-150 SuperCrew Nissan GT-R
Ford Edge BMW 6 Series
Nissan Xterra Maserati Ghibli
Chevrolet Colorado Bentley Continental Flying Spur
GMC Canyon Maserati Granturismo
Smart ForTwo Audi RS7

Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years

Manufacturer Models with the Lowest and Highest Comprehensive Claims
Lowest Claim Frequency Highest Claim Frequency
Volvo V60 Bentley Continental GTC
GMC Sierra 2500 Bentley Continental GT
Infiniti QX50 Maserati Quattroporte
Nissan Xterra Porsche Panamera GTS
Smart ForTwo BMW M6
Chevy Silverado 2500 Maserati Granturismo

Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years

Be persistent to save money

You just learned some good ideas how you can get a better price on insurance in Roanoke. The key thing to remember is the more price quotes you have, the more likely it is that you will get a better rate. Consumers could even find that the lowest priced insurance comes from a small local company. These smaller insurers often have lower car insurance rates on specific markets than the large multi-state companies such as State Farm, GEICO and Nationwide.

Discount insurance in Roanoke is possible on the web and from local insurance agents, so get free Roanoke car insurance quotes from both of them in order to have the best chance of saving money. There are still a few companies who may not provide online quoting and usually these regional carriers prefer to sell through independent insurance agents.

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