Pricey insurance in Danville can diminish your savings account and possibly require you to analyze your spending habits. Shopping your coverage around is free and is an excellent way to make sure you're not throwing money away.

Remarkably, a study showed that about 70% of customers kept their policy with the same company for at least the last four years, and approximately 38% of consumers have never compared rates from other carriers. The average driver in Danville could save $500 each year by just shopping around, but most just don't grasp the actual amount they would save if they replace their high priced policy.

You have so many car insurance companies to purchase coverage from, and though it is a good thing to be able to choose, so many choices can make it hard to compare rates and cut insurance costs.

It's a good habit to compare premium rates before your next renewal because insurance rates are adjusted regularly by insurance companies. Just because you had the lowest premium rates on insurance at your last renewal you can probably find a better price now. Forget all the misinformation about insurance because you're about to find out the fastest and easiest way to find great coverage at a great price.

Choosing the best rates in Danville is not rocket science. If you have auto insurance now, you should be able to cut your premiums using the techniques presented in this article. Nevertheless, Virginia vehicle owners need to have an understanding of how insurance companies calculate your policy premium and use this information to your advantage.

When shopping for auto insurance there are multiple ways to compare rate quotes from lots of Virginia auto insurance companies. The best way to comparison shop is to get quotes online.

Comparing rate quotes online is fast and free, and it makes it a waste of time to waste gas driving to insurance agencies in your area. The ability to quote auto insurance online has reduced the need for local agents unless you have a complicated situation and need the peace of mind that only an agent can give. It is possible to price shop online but buy the policy through an agent.

Just keep in mind that getting more free quotes will improve the odds of getting a lower rate.

The companies in the list below have been selected to offer quotes in Danville, VA. If the list has multiple companies, we suggest you compare several of them to get the best price comparison.

Insurance Price Estimates for Popular Vehicles in Danville
Make, Model, and Trim Level Annual Policy Premium 6-month Policy Premium Monthly Premium
Chevrolet Equinox LS AWD $1,004 $502 $84
Chevrolet Silverado Crew Cab Hybrid 2WD $912 $456 $76
Dodge Ram Quad Cab Sport 4WD $776 $388 $65
Ford Edge Limited 2WD $862 $431 $72
Ford Escape XLT 2WD $772 $386 $64
Ford Explorer Eddie Bauer AWD $786 $393 $66
Ford F-150 XLT Regular Cab 4WD $730 $365 $61
Ford Focus S 4-Dr Sedan $706 $353 $59
Honda Accord EX-L 4-Dr Sedan $624 $312 $52
Honda CR-V EX-L 2WD $598 $299 $50
Honda Civic EX 2-Dr Coupe $1,076 $538 $90
Honda Odyssey EX W/Rear Entertainment $738 $369 $62
Jeep Grand Cherokee Limited 4WD $716 $358 $60
Nissan Altima Hybrid 4-Dr Sedan $976 $488 $81
Toyota Camry XLE $906 $453 $76
Toyota Corolla XRS $880 $440 $73
Toyota Tacoma 2WD $980 $490 $82
Volkswagen Jetta SE 2.5 Station Wagon $904 $452 $75
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Premium data assumes single male driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and Virginia minimum liability limits. Discounts applied include multi-policy, safe-driver, multi-vehicle, claim-free, and homeowner. Prices do not factor in zip code location which can modify price quotes significantly.

Danville insurance costs by gender and age

The chart below illustrates the difference between annual premium costs for male and female drivers in Danville. The rates are based on no claims or driving violations, comprehensive and collision coverage, $250 deductibles, drivers are not married, and no policy discounts are applied on a Hyundai Elantra SE.

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

Analysis of deductible levels

When buying car insurance, a common question is how high should the physical damage deductibles be. The rates shown below may help you to understand the premium difference between low and high coverage deductibles. The first price estimate table uses a $100 deductible for comprehensive and collision coverage and the second pricing table uses a $500 deductible.

GMC Acadia rates are for example purposes only. To get rates for your specific vehicle, click here.

GMC Acadia insurance premium estimates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Acadia SL 2WD $192 $328 $258 $16 $78 $897 $75
Acadia SL AWD $222 $328 $258 $16 $78 $927 $77
Acadia SLE 2WD $222 $328 $258 $16 $78 $927 $77
Acadia SLE AWD $222 $400 $258 $16 $78 $999 $83
Acadia SLT 2WD $222 $400 $258 $16 $78 $999 $83
Acadia SLT AWD $250 $400 $258 $16 $78 $1,027 $86
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GMC Acadia insurance premium estimates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Acadia SL 2WD $140 $222 $258 $16 $78 $714 $60
Acadia SL AWD $162 $222 $258 $16 $78 $736 $61
Acadia SLE 2WD $162 $222 $258 $16 $78 $736 $61
Acadia SLE AWD $162 $270 $258 $16 $78 $784 $65
Acadia SLT 2WD $162 $270 $258 $16 $78 $784 $65
Acadia SLT AWD $182 $270 $258 $16 $78 $804 $67
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Table data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Virginia minimum liability limits. Discounts applied include claim-free, multi-vehicle, safe-driver, multi-policy, and homeowner. Rate information does not factor in garaging location in Danville which can impact auto insurance rates noticeably.

Based on these figures, using a $100 deductible costs roughly $17 more each month or $204 annually than buying the higher $500 deductible. Due to the fact that you would have to pay $400 more if you file a claim with a $500 deductible as compared to a $100 deductible, if you average at a minimum 24 months between claims, you would save more money if you choose a higher deductible.

Your car insurance coverage should be tailored to you

Keep in mind that when it comes to choosing a policy for your vehicles, there is no perfect coverage plan. You are unique so your insurance should reflect thatHigher deductibles save money For instance, these questions can help discover if your insurance needs may require specific advice.

If it's difficult to answer those questions but a few of them apply, then you may want to think about talking to an agent. If you want to speak to an agent in your area, simply complete this short form or click here for a list of car insurance companies in your area.