Although much of Chesapeake is rural, there were still 16 fatal motor vehicle crashes in 2019, the most recent year for which there are records. Many more accidents happen that do not include fatalities. To be prepared, drivers should look for the best car insurance in Chesapeake, which can be found with a little research. The average cost of a policy in Chesapeake is $527 for minimum coverage and $1,357 for full, which includes collision and comprehensive.
To locate the best car insurance companies in Chesapeake, we partnered with Quadrant Information Services to see who was writing the cheapest car insurance in Chesapeake. We looked at other variables as well, such as the quality of each company’s customer service, to determine the insurers that should be your first stop when looking for an auto insurance policy.
Best car insurance companies in Chesapeake
After determining which companies were offering the cheapest rates to Chesapeake drivers, we reviewed the companies’ ratings on J.D. Power’s regional list for customer satisfaction. We looked at what kind of optional coverages each offered and how many discounts were available to help lower your rate. Finally, we explored how easy it was to do business on the website and, if available, the company’s app. Here are the five that scored the highest in our ranking arranged from least to most expensive average full coverage premiums.
|Insurance company||J.D. Power customer satisfaction score
|Average annual premium for minimum coverage||Average annual premium for full coverage|
*Due to membership eligibility restrictions, USAA is considered rank-ineligible by J.D. Power.
Nationwide’s average rate for full coverage was the lowest of any company we reviewed, at $778 a year, while its minimum rate was also at the low end. If saving money is your top requirement, a quote from Nationwide may be a good idea.
Nationwide lets you customize your policy with gap coverage, rental car expense and accident forgiveness. A vanishing deductible allows you to earn $100 off your deductible every year for safe driving. Almost a dozen discounts help to bring your rate down even lower if they apply.
Learn more: Nationwide Insurance review
USAA sells insurance policies solely to current and former military members and their families. If that describes you, it is worth asking for a quote. Not only are its rates low, but it also has an excellent reputation for good customer service, as seen by its high score on J.D. Power’s listing.
In addition to all the standard types of coverage that make up a policy, USAA offers perks that are great for military personnel. For example, you can save up to 15% on your comprehensive coverage if you garage your vehicle on base. If you are deployed and put your car in storage, you can save up to 60%.
Learn more: USAA Insurance review
State Farm is the number one insurer of cars in the U.S., writing more than 16% of the country’s policies. It is popular for a number of reasons. One is customer service: it is in the top spot on the J.D. Power ranking, so you can expect efficient, professional service from agents and claims reps.
State Farm’s 13 discounts keep your rates reasonable, and optional coverages allow you to customize your policy to meet your own needs. State Farm has one of the best insurance websites that we’ve seen, and it is easy to file and manage claims, pay your bills and more online. It also has an award-winning mobile app available for Apple and Android.
Learn more: State Farm Insurance review
Erie is in second place in J.D. Power’s regional customer satisfaction ranking, which indicates that the company takes customer service seriously. You should be able to do your insurance business efficiently and easily. Even though its rates are on the high end of our list, they are still below Chesapeake averages.
Erie offers all the types of insurance that make up a basic policy, along with some nice extras, such as pet coverage, first accident forgiveness (after three claim-free years) and windshield repair. Erie’s RateLock feature means that your premium will not increase as long as you keep your car stay at the same address.
Learn more: Erie Insurance review
Geico is the well-known insurer that promises to save you “15% in 15 minutes” — and there’s some truth there for Chesapeake drivers. It offers reasonable rates for minimum coverage and slightly, but not very, higher rates for full coverage.
Geico does not offer a broad range of optional coverages, limiting itself to roadside assistance, rental reimbursement and mechanical breakdown insurance. Where it does excel, though, is in the number and quality of discounts offered, some of which are worth 20% or more savings on your premium.
Learn more: Geico Insurance review
Cheapest car insurance in Chesapeake
As we noted, the average cost of car insurance in Chesapeake is $1,357 for full coverage. This is just a little above the Virginia state average of $1,304 but less than the national average, which is $1,674 per year.
The following table shows the companies that offer the best prices from auto insurance companies in Chesapeake. Three of them — USAA, Geico and Nationwide — are included in our “Best Of” list. Travelers and Mercury are also both worth looking at, especially if you are trying to save money.
Traveler’s prices are quite low for Chesapeake drivers, and the company offers both good optional coverages as well as a robust list of discounts. If you own or lease a hybrid car, they are an especially good option, since there are discounts for being environmentally friendly.
Mercury is a regional insurer with much to recommend it. In addition to basic coverage options, they offer policyholders a guarantee on any repairs done at a Mercury-authorized repair shop. They work with local Chesapeake agents to find you the best rates possible and will customize your policy to give you coverage that fits your lifestyle.
Note: These premiums reflect 12 months of coverage
|Insurance company||Average annual premium for minimum coverage||Average annual premium for full coverage|
Chesapeake insurance requirements
Like most states, Virginia requires drivers to carry a minimum level of car insurance to be on the road legally. That minimum is usually written 25/50/20, and this is what that means:
- $25,000 bodily injury liability per person in a single accident
- $50,000 bodily injury liability for all injuries in a single accident
- $20,000 property damage liability per accident
If you lease your car or have a car loan, you may also be required by your lender to carry collision and comprehensive insurance.
These limits are the state requirement, but that does not mean you shouldn’t purchase more insurance if you can afford it. In a serious accident, the minimum amount of bodily injury liability might not be enough if there are serious injuries. If you were to cause an accident that totaled the other driver’s car, $20K in property damage liability might not cover the costs associated with the loss — and you would still be on the hook for paying any costs over what your insurance covered.
Car insurance discounts in Chesapeake
Car insurance discounts are the policyholder’s secret weapon when looking for the best car insurance in Chesapeake. Almost all insurers offer them, and they can give you significant savings on your premium costs. Here are some of the most common ones in the region:
- Bundling: this very common discount is earned if you have both your car insurance and your homeowners (or renters) insurance with the same company.
- Continuous insurance: if you are insured continuously for a certain amount of time (often six months), you may save money.
- Electronic payments: set up an EFT payment system for your monthly premiums and you’ll earn a discount. There may also be one if you pay your premium in full all at once.
- Paperless policy: many companies will give you a discount if you agree to receive all your policy paperwork electronically, via email, rather than in hard copies by postal mail.
- Telematics (usage-based): If you agree to download an app on your smartphone that monitors your driving habits in real time, you can save up to 30% for being a safe driver.
Frequently asked questions
What is the best car insurance company?
The best car insurance company for your neighbor might not be the right one for you, since every person’s experience will be different. To find the best car insurance company for your own needs, one strategy is to gather several quotes and see who offers you the best rates.
How much does car insurance in Chesapeake cost?
THe cost of car insurance in Chesapeake is $527 for minimum coverage and $1,357 for full coverage. Your own rate will likely be different, since it is based on a variety of factors that are unique to you, including your car’s make, model and age, where you live, and your own age, gender and marital status.
How much car insurance do I need in Chesapeake?
The minimum car insurance in Chesapeake is 25/50/20, but many insurance experts would recommend that you increase your insurance coverage as much as you can afford. 100/300/50 is often recommended as being more able to protect you in the event of a serious accident.
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.