The Virginia Car Insurance Calculator allows you to visualize how different factors would have an effect on your premiums, such as adding a teen driver, changing credit scores and age.
Comparing quotes from several top insurance providers will allow you to find the best rate. This tool uses data from Quadrant Information Services to calculate average annual rates for drivers within your price range.
Locating Coverage That Suits Your Needs
Virginia law mandates liability coverage as part of your auto policy, which pays for injuries or property damage you cause other people in an accident as well as legal costs should someone sue you for damages. Furthermore, uninsured motorist coverage (UM) coverage must also be included for you as protection from uninsured drivers on the roads.
Based on your circumstances, it may be more cost effective to purchase minimum liability coverage with higher limits added than to obtain full comprehensive and collision policies.
However, if your vehicles are expensive or high-performance cars, investing in additional coverage might be worthwhile. Alongside liability coverage, comprehensive and collision policies provide comprehensive and theft protection to ensure you remain protected in case anything should happen to them or their contents.
Driving Record Does Matter
Virginia car insurance rates will increase significantly for drivers with histories including speeding tickets, DUI charges and other convictions that include speeding tickets. Insurers consider these offenses risky driving behaviors which increase the chance of accidents occurring.
Virginia drivers with speeding tickets typically pay an additional premium of $63 more for full coverage insurance compared to their state average.
DUI or other serious driving offenses can multiply your insurance rates 3.5x, leading to significantly increased premiums. Individuals convicted of these offenses may need to file an SR-22 certificate which requires payment of a small fee.
Young or inexperienced drivers should know that once they turn 18, their insurance rates can skyrocket. Unfortunately, it’s all too common for teens to drive without any coverage whatsoever – leaving themselves open to potential lawsuits from other drivers as well as fines of hundreds or even thousands of dollars!
To cut car insurance premiums, look for policies with multi-policy discounts of at least 20% – this can save significant money!
Finding the Perfect Vehicle for You Its If your budget is limited and only has enough to spend on car insurance, choosing a suitable vehicle can be essential to meeting all your needs. An SUV or sports car are better options as they’re less likely to get stolen or vandalized than sedans.
Notably, most states – Virginia included – mandate uninsured/underinsured motorist coverage to help pay for medical bills and property damage caused by an uninsured or underinsured driver. This coverage helps cover medical bills as well as property damages that arise as a result of their behavior.
Before selecting the type and level of coverage for your car insurance policy, it’s essential that you know its true value. Also check whether your current policy offers an affordable deductible, while comparing other plans available to you.