Delaware offers idyllic beaches, world-class dining establishments and amazing attractions like Hagley Museum and Library, Nemours Mansion and Brandywine Creek State Park – not forgetting MoneyGeek’s Delaware car insurance calculator, which will help determine how much your policy will cost considering age, driving record and vehicle type.
Credit scores can have a dramatic effect on a driver’s auto insurance premiums. A poor credit rating signals to insurers that the driver may file more claims, leading to higher premiums than for drivers with good credit ratings. You can improve your score over time; additionally comparing quotes will allow you to find cheaper policies.
Addition of a teenage driver will increase the cost of car insurance significantly. Insurers determine this increase based on how likely it is that he or she will cause an accident or file a claim; fortunately there are ways you can lower this premium such as restricting driving privileges or choosing a higher deductible amount.
Age, driving record and marital status all play a role in an individual’s insurance rates. Male drivers will generally pay more due to being more likely to get into accidents; married drivers, however, tend to save on car insurance as they tend not to file as many claims than single drivers.
Delaware car insurers that stand out amongst their competition are USAA, State Farm and Geico – each offering competitive rates with outstanding customer service ratings; USAA specifically caters to military members and their families.
Liability-only policies offer minimal coverage that fulfills Delaware’s financial responsibility laws, yet don’t protect drivers against damage to their own vehicles or injuries sustained from an accident. Full coverage provides more extensive protection from car accidents and theft.
Delaware requires minimum car insurance requirements of $25,000 of bodily injury liability per person up to a total maximum limit of $50,000 per accident, as well as $10,000 of property damage liability coverage and $15,000 of personal injury protection (PIP). Your car insurance premiums could be lower by purchasing only minimum coverage or reducing limits. When looking at different insurers’ rates, compare discounts available – the more discounts qualify for, the lower will be your rate. Many insurance companies offer discounts for being a safe driver, student, homeowner, low mileage traveller, military veteran or opting for paperless billing and having cars equipped with safety features. Comparing quotes across companies will be key when seeking to lower car insurance premiums – shop around and see what fits.