Suffolk has a population of almost 85,000 residents and has grown by around 33% in the last decade. When this sort of rapid population changes take place it forces insurance companies to recalculate their rates for the area. In Suffolk’s case, it has probably led to an increase which reflects a greater trend across the whole Hampton Roads region. If you’ve seen your rates change on your last renewal (or your upcoming renewal), make sure you take the extra couple minutes it takes to comparison shop. Exploring the growing number of options for cheap insurance Suffolk can offer is the best way to ensure you are paying the best rates for your required coverage.
Other ways to save:
- Drive less. Suffolk is a transportation and shipping hub (which helped fuel its early growth), but there are also a good amount of public transportation options. If you can, commute by bus, rail, or carpool. The less you drive each year the less you pay for your auto insurance.
- Install an anti-theft device on your vehicle. Suffolk doesn’t have many problems with auto theft but there were over 100 cars stolen in the city in 2012. Having an alarm or tracking device on your car will give you a discount on your coverage.
- If you are moving, get quotes for multiple zip codes. Currently the northeast part of the city (closest to the water) has the highest population density. This means more cars compacted into a smaller geographic area which leads to an increased accident risk and higher rates.