Virginia is an incredible state to drive through, but drivers must ensure they comply with car insurance requirements in order to enjoy its scenic roads safely. Virginia requires all drivers have a minimum of $25,000 bodily injury liability per person and $50k property damage liability per accident coverage as well as uninsured/underinsured motorist insurance as required by state law; many also opt to add collision and comprehensive policies as additional forms of coverage.
Virginia car insurance rates differ by city, which makes comparing quotes from multiple providers crucial. Our Virginia Car Insurance Calculator makes the process easy by using real-time quotes from top providers while taking into account personal factors like age, gender and driving history to help provide a rough estimate for your premiums. Rates will fluctuate accordingly as every insurer weighs them differently and rates may differ accordingly.
There are various strategies you can employ to reduce car insurance costs, including lowering coverage limits and altering deductible amounts. Unfortunately, not every approach works for every driver – that is why MoneyGeek conducted research into Virginia’s best car insurers to find one that provides both affordability and customer service excellence.
Age can have a huge impact on car insurance rates in Virginia. Younger drivers are at greater risk for accidents than their elder counterparts, which leads to significantly higher premiums if added as drivers on a policy – in fact adding just one can increase rates up to 2.5x!
Credit score is also an important consideration. Most states use your credit information to assess risk, with insurers using poorer ratings as an indication of higher likelihood to file claims and thus charge additional premiums – on average in Virginia this amounts to an extra annual premium payment of $997 more compared to drivers with good scores.
Speeding tickets and at-fault accidents are two of the primary violations that drive up car insurance rates, since insurers consider these activities high risk activities that require more claims payment from them. On average, one accident in Virginia can raise premiums by 31% while DUI convictions increase costs significantly more.
If you’re a young driver with less-than-ideal driving history, or someone looking for more affordable rates, shopping around for insurance might save you some money in the long run. Below we have highlighted some of Virginia’s best providers rated highly by customers on WalletHub who can provide competitive prices that might make a difference – simply enter your ZIP code below to see how much money could be saved!