Portsmouth, as its name suggests, is centered around the Norfolk Naval Shipyard (the shipyard is able to dry dock an entire aircraft carrier!) and a lot of the city’s economy is based in shipping and transportation. However, because so much of the city’s land is controlled by the military it doesn’t receive as much tax revenue as other cities its size. This can affect local infrastructure to some degree, but it also means many of the city’s residents can receive military discounts on their insurance. So if you’re looking for a lower rate keep that in mind! Shopping multiple options for cheap insurance Portsmouth agents have available can help a great deal.