The average annual cost of car insurance in Alexandria, Virginia, is $543 for minimum coverage car insurance and $1,398 for full coverage. Allstate’s report of America’s Best Drivers placed the city towards the bottom for safe drivers based on Drivewise data. Alexandria drivers were among the worst in the country and 69.9% more likely to be in a crash.
The report revealed Alexandria drivers filed a car insurance claim every 6.2 years on average and had 27.5 hard braking events per every 1,000 miles, compared to the national average of claims filed every 10.57 years and 19 hard braking events per 1,000 miles. Based on Allstate’s analysis, it would seem that having the best car insurance in Alexandria is essential.
This guide to cheapest car insurance in Alexandria breaks down the top carriers based on Bankrate pricing data, customer reviews and carrier options.
Best car insurance companies in Alexandria
The four carriers selected had a combination of the lowest car insurance Alexandria has based on 2021 data rates and high customer ratings, according to J.D. Power’s auto study. The annual independent study ranks insurance companies by region based on responses from policyholders. According to our research, four of the best car insurance companies in Alexandria are:
|Insurance company||J.D. Power customer satisfaction score
|Average annual premium for minimum coverage||Average annual premium for full coverage|
|Nationwide||831 / 1,000||$457||$889|
|Travelers||831 / 1,000||$432||$998|
|Geico||843 / 1,000||$360||$1,179|
|USAA||890 / 1,000||$356||$1,001|
USAA is the cheapest car insurance company in Alexandria for minimum coverage and consistently receives high scores in J.D. Power’s annual auto insurance study, although the company cannot be officially ranked since it is only available to active military, veterans and their immediate families. If you are eligible, however, USAA might be an attractive option; the average annual rate is only $356 per year, which is less than $30 per month for basic coverage.
Learn more: USAA Insurance review
Geico comes in a close second in price behind USAA for minimum liability car insurance. However, drivers who lease their vehicle or are paying off a car loan may find that the required full coverage from Geico is the most expensive on average of the four carriers that made our “best of” list. Fortunately, Geico has over a dozen car insurance discounts that may help lower the cost of coverage. Discounts include occupation-based reductions, safe driver savings and lower rates for cars equipped with safety and anti-theft equipment.
Learn more: Geico Insurance review
Travelers Insurance is a good option for full coverage and for drivers in search of more than the standard vehicle insurance options all carriers offer. Travelers offers add ons such as gap coverage for financed or leased cars, rideshare insurance, new car replacement and accident forgiveness, which will excuse one at-fault crash to keep your premiums from increasing.
Learn more: Travelers Insurance review
Nationwide Insurance has the cheapest rates for full coverage car insurance of the four carriers on the list. Alexandria drivers pay only $889 per year on average, which amounts to less than $75 per month for full coverage. Unlike minimum coverage car insurance, full coverage car insurance pays for damages you cause to others — and to your vehicle. Full coverage includes comprehensive and collision insurance. The two coverages work together to cover repairs or replacement of your vehicle after things like an at-fault crash, theft, fire and severe weather damage.
Learn more: Nationwide Insurance review
Cheapest car insurance in Alexandria
The average national cost of full coverage car insurance is $1,674 per year. Alexandria, VA’s rates of $1,398 are significantly lower. However, neighboring areas in Virginia only average $1,304 annually. Based on your driving record, the carrier you choose and your history of claims, you may be able to find cheaper car insurance in Alexandria. Bankrate’s findings of cheapest coverage for the largest insurance providers in the area, based on market share are:
|Insurance company||Average annual premium for minimum coverage||Average annual premium for full coverage|
USAA is the cheapest for minimum coverage but only available to individuals with military affiliation and their eligible family members. Geico is the next-best choice for cheap car insurance. Travelers is a great option when you need additional insurance such as rideshare or gap coverage. Bankrate found that Nationwide has the cheapest full coverage rates in Alexandria. Progressive Insurance could be the best for drivers with a spotless driving record who can take advantage of safe driver discounts and the Deductible Savings Bank, which lowers the deductible each year without a claim or driving violation.
Alexandria insurance requirements
Virginia requires drivers to carry at least a minimum amount of liability insurance. However, drivers can pay a $500 annual fee to drive uninsured at their risk, but would still be financially responsible for damages they may cause in an accident. When you consider you can get minimum coverage for well below $500 per year in Alexandria, the uninsured driver fee likely does not make financial sense. Virginia’s minimum liability coverage requirements are:
- Bodily injury and death for one person: $25,000
- Bodily injury and death for two or more persons per accident: $50,000
- Property damage: $20,000
As mentioned already, the state’s minimums may not be enough coverage. Liability coverage only pays for losses to others and nothing for your vehicle, yourself or your passengers. Your lender or leasing company may require you to have comprehensive and collision coverage, which includes coverage for your vehicle. Insurers in Virginia are also required to offer uninsured and underinsured motorist coverage at the same limits as bodily injury coverage. This coverage would help provide for your injury expenses if you are hit by a driver with either no insurance or not enough insurance, however you may reject these coverages in writing.
Car insurance discounts in Alexandria
Average annual full coverage car insurance rates for Alexandria are higher than Virginia’s average rate of $1,304. However, you may be able to save if you qualify for the following discounts:
- Safe driver: If you do not align with Alexandria statistics of drivers who are more likely to be involved in a crash, you could lower your premiums with a clean and claims-free driving record.
- Policy bundling: Most insurance companies offer a discount if you bundle more than one type of insurance policy, such as your auto insurance with your home or renters insurance, with them.
- Good student: Young drivers enrolled in school could catch a break on insurance rates if they can show they are earning good grades.
- Safety equipment: Newer cars equipped with collision avoidance systems and intelligent airbags may qualify for lower rates
Bundling policies typically offers the most significant savings opportunities, but speak with an agent at your preferred company to see which discounts are available to you. In addition, young adults typically pay the most for coverage and could get helpful discounts if they qualify for good student savings.
Frequently asked questions
What is the best car insurance company?
The best car insurance companies in Alexandria for low rates and positive customer opinions on our list are USAA, Geico, Nationwide and Travelers. However, each person has different wants and needs for insurance coverage. The best way to find the best option for you is to compare providers with your interests in mind and get quotes to compare costs.
How much does car insurance in Alexandria cost?
The average cost of car insurance in Alexandria, Virginia is $543 per year for minimum coverage and $1,398 annually for full car insurance.
Bankrate utilizes Quadrant Information Services to analyze 2021 rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Quoted rates are based on a 40-year-old male and female driver with a clean driving record, good credit and the following full coverage limits:
- $100,000 bodily injury liability per person
- $300,000 bodily injury liability per accident
- $50,000 property damage liability per accident
- $100,000 uninsured motorist bodily injury per person
- $300,000 uninsured motorist bodily injury per accident
- $500 collision deductible
- $500 comprehensive deductible
To determine minimum coverage limits, Bankrate used minimum coverages that meet each state’s requirements. Our sample drivers own a 2019 Toyota Camry, commute five days a week and drive 12,000 miles annually.
These are sample rates and should be used for comparative purposes only. Your quotes may be different.