Cheap Car Insurance Quotes Virginia

Cheap Car Insurance Quotes Virginia

Expert Advice on Securing Cheap Car Insurance Quotes in Virginia:

Drivers in Old Dominion might find it reassuring that the auto insurance rates in the state fall below national averages. In Virginia, the average cost for state-required minimum coverage is $677, while full coverage, encompassing collision and comprehensive insurance, amounts to $1,990. In comparison, national averages stand at $741 for minimum coverage and $2,545 for full coverage.

In Virginia, car insurance is required by law to ensure that drivers have the financial means to cover damages or injuries they may cause in an accident, protect themselves and others financially, and comply with legal requirements. Failure to maintain the required coverage can result in penalties such as fines, license suspension, and legal action.

The two main car insurance policies that are common to consider getting in Virginia are liability insurance and uninsured/underinsured motorist coverage. These policies provide essential protection in case of accidents involving other drivers or vehicles with insufficient insurance coverage.

The insurance editorial team conducted a thorough examination of insurance options in the state to assist you in discovering the most affordable auto insurance in Virginia.

Read: Cheapest Car Insurance Quotes Near Me

What Is The Required Minimum Car Insurance Coverage In Virginia

If you possess a vehicle in Virginia, it is mandatory to procure car liability insurance, which serves as fundamental coverage for compensating for damages and injuries resulting from your involvement in a car accident. Additionally, liability insurance caters to legal defense expenses in the event of a lawsuit against you. Car owners in Virginia must obtain liability insurance with minimum coverage limits as follows:

• $30,000 for bodily injury to a single person
• $60,000 for bodily injury to multiple individuals in a single accident
• $20,000 for property damage in a single accident

This coverage is commonly denoted as 30/60/20.

If you own valuable things like a house, it’s wise to get more insurance than the minimum required by the state. If you cause an accident that hurts many people or damages a lot of property, the costs might go beyond what your insurance covers, and you could be sued for the extra money. It’s better to get higher insurance limits so your insurance company pays for lawsuits instead of you.

Virginia also says you must get uninsured and underinsured motorist insurance. Uninsured motorist (UM) insurance in Virginia helps pay your medical bills and repairs to your car if you’re hit by a driver who doesn’t have insurance or by someone who drives away after the accident. Underinsured motorist (UIM) insurance pays your medical costs if the person who caused the accident doesn’t have enough insurance to cover everything.

In Virginia, you have to get UM/UIM coverage with at least:

• $30,000 for medical expenses for one person
• $60,000 for medical expenses for multiple people in one accident
• $20,000 for property damage in one accident

Which Company Offers The Cheapest Minimum Insurance Coverage In Virginia

Similar to the majority of states, Virginia sets minimum standards for car insurance. Usually, you are required to obtain coverage that meets these standards to drive legally within the state. The minimum coverage usually includes liability insurance only, which covers damages and medical expenses for individuals in the other vehicle if you are responsible for an accident.

On average, minimum coverage costs around $677, although you might find more affordable options by comparing quotes from different insurers. Below are some companies offering the least expensive insurance in Virginia, with Utica National ranking at the top:

Utica National:

• Average monthly premium: $29
• Average annual premium: $350
• Savings vs state avg. for min coverage: -$327

Travelers:

• Average monthly premium: $33
• Average annual premium: $392
• Savings vs state avg. for min coverage: -$285

Mercury:

• Average monthly premium: $34
• Average annual premium: $406
• Savings vs state avg. for min coverage: -$271

USAA:

• Average monthly premium: $35
• Average annual premium: $421
• Savings vs state avg. for min coverage: -$256

Virginia Farm Bureau:

• Average monthly premium: $36
• Average annual premium: $428
• Savings vs state avg. for min coverage: -$249

Cheap Car Insurance Quotes In Virginia for Full Coverage

Full coverage encompasses all the liability aspects of minimum coverage but incorporates collision and comprehensive insurance as well. These types of coverage assist in covering the costs of damage to your own vehicle following an accident or other mishap involving your vehicle.

Although it generally comes at a higher cost, full coverage may offer more comprehensive protection following an accident. The average cost of full coverage in Virginia is $1,990. You might discover the most affordable car insurance options in Virginia from one of the following insurers, with Utica National offering the lowest annual premium rate:

Utica National:

• Average monthly premium: $92
• Average annual premium: $1,107
• Savings vs state avg. for min coverage: -$883

Mercury:

• Average monthly premium: $100
• Average annual premium: $1,202
• Savings vs state avg. for min coverage: -$788

Virginia Farm Bureau:

• Average monthly premium: $101
• Average annual premium: $1,214
• Savings vs state avg. for min coverage: -$769

Travelers:

• Average monthly premium: $103
• Average annual premium: $1,234
• Savings vs state avg. for min coverage: -$756

Nationwide:

• Average monthly premium: $113
• Average annual premium: $1,350
• Savings vs state avg. for min coverage: -$640

Cheap Car Insurance Quotes In Virginia For Good Drivers

The average annual premium for Virginia drivers with a clean driving record aligns with the state’s overall average of $1,280 per year. Erie Insurance stands out as the most affordable option for good drivers in Virginia, offering an average annual rate of $850. Below is the breakdown of the average annual premiums for each insurer:

• Allstate: $1,912
• American Family: $882
• Erie: $850
• Farmers: $2,663
• Geico: $1,249

Cheap Car Insurance Quotes In Virginia For Teen Drivers

Car insurance rates for teenagers in Virginia tend to be elevated, a common trend observed within this age group nationwide. On average, 17-year-old female drivers face annual rates of $4,381, while their male counterparts encounter rates averaging $5,001.

Among insurance providers, Erie Insurance emerges as the most affordable option for teens, offering average annual rates of $2,004 for females and $2,391 for males. Conversely, Farmers present the highest sample rates for this demographic, with figures soaring to $10,701 and $11,910 per year for female and male teen drivers, respectively.

Whether you are seeking insurance for new drivers or those of any age, there is a range of options available. Below is a breakdown of the average annual premiums for each insurer for 17-year-old drivers in Virginia:

• Allstate: $5,542 for females, $6,373 for males
• American Family: $2,625 for females, $2,755 for males
• Erie: $2,004 for females, $2,391 for males
• Farmers: $10,701 for females, $11,910 for males
• Geico: $3,112 for females, $3,303 for males

Cheap Car Insurance Quotes In Virginia For Young Adult Drivers

Investigation reveals that for a 25-year-old single female in Virginia, the average annual car insurance rate is $1,528, while for a 25-year-old single male, it stands at $1,607. Among female drivers in this age bracket, Virginia Farm Bureau offers the most economical choice, with an average annual rate of $1,043.

For men in this category, Erie Insurance emerges as the most affordable option, with an average rate of $1,054 per year. Conversely, Farmers prove to be the priciest option for young adult drivers, with average annual rates of $3,391 for females and $3,768 for males. Below is the breakdown:

Allstate:

• 25-Year-Old Female: $2,279
• 25-Year-Old Male: $2,284

American Family:

• 25-Year-Old Female: $1,075
• 25-Year-Old Male: $1,106

Erie:

• 25-Year-Old Female: $1,157
• 25-Year-Old Male: $1,054

Farmers:

• 25-Year-Old Female: $3,391
• 25-Year-Old Male: $3,768

Geico:

• 25-Year-Old Female: $1,326
• 25-Year-Old Male: $1,332

Cheap Car Insurance Quotes In Virginia For Adult Drivers

For a 35-year-old married female driver in Virginia, the average annual rate stands at $1,164, with USAA offering the most economical choice at $772 per year. Alternatively, those ineligible for USAA may find American Family Insurance appealing, priced at just $773 annually.

On the other hand, the average rate for a 35-year-old married male driver amounts to $1,201 per year. Erie Insurance emerges as the most budget-friendly option, charging only $754 annually. Conversely, Farmers display the highest rates in our analysis for this demographic, with female drivers facing $2,072 per year and males encountering $2,525 annually.

• Allstate: $1,759 for 35-Year-Old Female and $1,661 for 35-Year-Old Male
• American Family: $773 for 35-Year-Old Female and $773 for 35-Year-Old Male
• Erie: $788 for 35-Year-Old Female and $754 for 35-Year-Old Male
• Farmers: $2,072 for 35-Year-Old Female and $2,525 for 35-Year-Old Male
• Geico: $1,187 for 35-Year-Old Female and $1,308 for 35-Year-Old Male

Are There Insurance Discounts For Drivers In Virginia

When seeking to economize on car insurance in Virginia, discounts can prove invaluable. Most insurance providers furnish an array of discount opportunities, many of which are readily attainable. Below are several prevalent options available to Virginia drivers:

Discounts for Young Drivers:

• Your teenage driver might be eligible for various discounts tailored to young drivers, such as maintaining a commendable academic record in high school or college. Additionally, they could qualify for a discount if they are attending school away from home and reside over 100 miles away while covered under their parents’ policy.

Protective Device Discounts:

• Given that most modern vehicles come equipped with safety features like anti-lock brakes and airbags, meeting the criteria for protective device discounts may be straightforward. You might also save on your premium if your vehicle is fitted with a security or alarm system.

Also Read: Cheap Car Insurance Quotes For Young Drivers

Safe Driver Discounts:

• Completing a defensive driving course can often result in a discount on your insurance premium. Moreover, you may qualify for savings if you maintain a clean claim record for a certain period, typically ranging from three to five years. Some insurers offer telematics programs, which track your driving behavior in real time and provide discounts for safe driving habits.

Bundling Discount:

• Consolidating multiple policies with a single insurer is likely to lead to savings. Bundling auto insurance with homeowners or renters insurance often offers the greatest discounts, although there may also be savings for insuring multiple vehicles under the same policy.

How To Get Cheap Car Insurance Quotes Virginia

Insurance companies often engage in competitive marketing by highlighting their discount offerings to customers. However, the reality is that many of these savings are available across all major insurers. Our advice to Virginia drivers is to seek out the most affordable car insurance that aligns with your requirements, and then inquire with your insurer about common discounts like these to further enhance your savings:

Bundling:

• Bundling your policies, such as insuring your car and your home, apartment, or condo with the same company.

Monitoring:

• Monitoring your daily commute, including using a telematics device like an app to track your driving habits. These are becoming more common among insurers, and the savings can be significant for some Virginia motorists.

Choose Paperless Billing:

• Choosing paperless billing and having your bank account or credit card billed instead:

Paying Premiums In Full Instead Of Monthly:

• Paying your policy in full, rather than opting for monthly installments

Get good grades as A student:

• High school and college students who maintain a B average can qualify for discounts at many insurers.

Membership discounts:

• Such as for AAA or AARP, can also yield lower rates. Professional and trade groups, credit unions, and other organizations also frequently offer their members savings with a given insurer or may offer discounted policies for purchase.

To get cheap car insurance quotes in Virginia, you need to think about what kind of coverage you need and what discounts are available. Insurance companies try to attract customers by offering discounts, but Virginia drivers need to look at all the choices and pick the one that’s right for them. You can save money by combining different types of insurance, keeping an eye on how you drive, doing well in school, and looking for special discounts for members of certain groups. This way, you can save money on your insurance without giving up on important coverage. Visit the official Website of an Insurer for more details.

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