One way to find a lower rate on car insurance is to shop around for quotes. However, finding the best agency for your needs is not always easy. Many companies offer different types of coverage, and you may not know what you need. A good rule of thumb is to find the best insurance company that offers a combination of quality customer service and affordability. You can use a car insurance calculator to get an estimate for your insurance costs.
The average cost of auto insurance in Virginia is about $184 per month, according to the state’s Department of Motor Vehicles. Drivers in Virginia spend a median of $2,208 on insurance each year. If you are looking for a low-cost policy, you can look into companies that have rates below $200.
The number of violations that a driver has on his or her driving record can have a large impact on a person’s premium. For example, drivers with multiple speeding tickets or reckless driving charges will pay more for insurance. Additionally, drivers with a history of DUI can also see their rates go up.
A vehicle’s age can also play a role in the price of insurance. SUVs are generally cheaper to insure than sedans. Lastly, if you live in a rural or small town, you will pay less for your coverage. Similarly, drivers in large urban areas will pay more.
The cost of insurance in Virginia can vary depending on where you live. For instance, in Richmond, car insurance is among the highest in the state. There are several reasons for this, including a high incidence of property crime and vandalism. This makes full-coverage policies expensive.
Virginia also has a minimum liability insurance requirement of $50,000 per accident. This is also known as a liability limit. A liability limit is the maximum amount an insurance company will pay to settle a claim. If you don’t have this amount of coverage, you will be responsible for paying the difference.
Insurance companies consider age, credit history, and the type of vehicle you drive when calculating your car insurance costs. For instance, a teen driver pays higher rates than an older driver. Those under 25 typically have fewer driving miles than older drivers, which can lower their premiums.
Virginia’s minimum liability coverage amounts also vary based on the vehicle you drive. A Honda Accord, for instance, is fairly cheap to insure, while a Ford Explorer is more expensive. In addition to that, the climate and road conditions can also play a role in determining the cost of insurance.
It is important to remember that even though the laws in Virginia require that drivers purchase insurance, there are no personal injury protection policies required. This means that you can find a very affordable policy if you have a clean driving record.
You will want to look into medical payments coverage, which can pay for medical expenses in case you are injured in an accident. It is a policy that most insurance companies offer for an extra fee.