Greatest Low cost Auto Insurance in Virginia 2022 – Forbes Advisor – Forbes

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Find cheap auto insurance in Virginia

Are you looking for cheap car insurance? We rated Virginia auto insurance companies to point you in the right direction.

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Cheap Virginia Auto Insurance for Good Drivers

Even with a great driving record, compare companies to find the lowest fares. We recommend seeking quotes from Geico Auto Insurance, Erie, and State Farm. If you are in the military or a veteran, USAA auto insurance may be your best bet.

Cheap car insurance in Virginia for drivers with a parking ticket

If you are caught speeding, you will likely see an increase in your Virginia car insurance premiums. It doesn't hurt to look for better prices. We recommend checking out Geico, State Farm Auto Insurance, and Erie. Military personnel and veterans can likely find good prices at USAA.

Cheap car insurance in Virginia for drivers who have been involved in an accident and injury

If you cause a car accident that injures another person, expect an average increase of about $ 600. It is advisable to look around for better prices. Check offers from State Farm, Erie Auto Insurance, and Geico. If you're eligible with a military connection, get a quote from USAA.

Cheap Virginia auto insurance for drivers with a DUI

A DUI conviction means hundreds of dollars a year in Virginia auto insurance rates. Check out the offers from State Farm and Progressive Auto Insurance. Military and veterans may find better prices at USAA.

Cheap Virginia Auto Insurance for Low Credit Drivers

Bad credit can be an expensive problem when purchasing auto insurance. Some insurers see a higher risk in poor creditworthiness, which translates into higher rates. Make sure to shop around and get quotes from Geico and USAA (if you are a military or veteran).

Cheap Virginia auto insurance for drivers caught without insurance

Driving without insurance can affect your tariffs when you take out a policy. In this situation, check out the quotes from Geico, State Farm, and Erie. Military personnel and veterans can usually find good prices at USAA.

The cheapest vehicles for auto insurance in Virginia

In Virginia, the Jeep Wrangler JL Sport, Honda CR-V LX, and Jeep Compass Latitude are some of the cheapest insurance options based on average rates for 50 best-selling models in 2021. The 20 cheapest vehicles are listed below.

The cars with the most expensive insurance in Virginia among the most popular vehicles are the Tesla Model S Performance ($ 4,103 per year) and the Tesla Model 3 Standard Plus ($ 2,207 per year).

Related: Insure the most and cheapest cars nationwide

Minimum Insurance Required for Virginia Car Insurance

If you own a vehicle in Virginia, you must get vehicle liability insurance. This is core coverage that pays for damage and injury you cause to others in a car accident. Liability insurance also pays for legal defense in the event you are sued.

Virginia car owners are required to take out liability insurance with coverage of at least:

  • $ 25,000 for assaulting a person
  • $ 50,000 for injuring multiple people in an accident
  • $ 20,000 for property damage in an accident

You can see this written as 25/50/20.

If you have assets like a home, it is wise to get a lot more insurance than the state minimum liability insurance. If you cause an accident with multiple injuries or extensive property damage, the bills can quickly exhaust the policy limits and you can also be sued. Better to buy higher policy limits and have your insurance company pay for lawsuits, not you.

Virginia car owners are also required to purchase Uninsured Motorist Insurance (UM). This will pay for your medical expenses if you crashed into a driver without insurance. You must complete a minimum of $ 25,000 for one person bodily harm and $ 50,000 for multiple person bodily harm in an accident (known as 25/50).

You are also required to purchase an Uninsured Motorist Property Damage (UMPD) which pays for damage to your property if an uninsured driver hits it, e.g. B. Your car or your fence.

What else should i have?

Collision and fully comprehensive insurance. Together, collision and fully comprehensive insurance cover a wide range of problems, such as car damage, car theft, vandalism, riots, floods, fire, hail, falling objects and collisions with animals.

If you have a lease or car loan, your leasing company or lender will most likely require that you get collision and fully comprehensive insurance.

Medical expenses and loss of income benefits. This covers your own medical expenses (e.g. hospital bills) and some lost wages due to a car accident, regardless of who was to blame.

Summary: Required Auto Insurance in Virginia

Can I show my insurance ID from my phone?

In Virginia, you can show a vehicle insurance ID with a cell phone. Check with your car insurance company to see if they have a mobile app that includes access to electronic ID cards.

Allowable Factors in Virginia Auto Insurance Rates

Auto insurance companies typically consider your driving records, previous claims, vehicle model, and more when setting tariffs. In Virginia, insurers can take advantage of these factors as well.

How many uninsured drivers are there in Virginia?

About 11% of drivers in Virginia do not have auto insurance, according to the Insurance Research Council. If they do clash with you, you can try to sue them. Or you can use your uninsured driver protection for injuries. You can use your collision protection for vehicle damage.

Penalties for driving without car insurance

If you are caught driving in Virginia without insurance, you could be fined up to $ 500 and put your driver's license and registration on hold.

When can a vehicle be totaled?

Virginia auto insurance companies can determine if a car is a write-off when the damage exceeds 75% of its real cash value.

Solve insurance problems

If you have an unresolved dispute with auto insurance, you can file a complaint with the Virginia State Corporation Commission.

methodology

To find the cheapest auto insurance companies in Virginia, we used rates from Quadrant Information Services, a provider of insurance data and analysis. Rates are based on a clean record driver insuring a Toyota RAV4 with $ 100,000 personal injury liability insurance, $ 300,000 per accident, and $ 100,000 property damage insurance, uninsured motorist insurance, and any other coverage required by the state. The price also includes collision and fully comprehensive insurance with a deductible of 500 USD.

The companies rated for Virginia were Allstate, Auto-Owners, Erie, Geico, MetLife, Progressive, State Farm, Travelers, and USAA.

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