The average annual cost of car insurance in Norfolk is $570 for minimum coverage and $1,499 for full coverage. Bankrate’s latest study of quoted premiums from Quadrant Information Services uncovered several car insurance carriers in Norfolk with annual minimum coverage rates as low as $373 (USAA) and $386 (Geico). Ten carriers we looked at beat the city average of $570 per year for minimum coverage auto insurance. We examined the providers further to bring you our picks for the best cheap car insurance in Norfolk.
Best car insurance companies in Norfolk
The following four insurance companies have low average annual premiums but do not skimp on coverage options and discounts. They were selected based on data from Bankrate’s quote pricing study, J.D. Power’s customer satisfaction study and the number of coverage options available.
|Insurance company||J.D. Power auto insurance study score (Mid-Atlantic)||Average annual premium for minimum coverage||Average annual premium for full coverage|
|USAA*||896 / 1000||$373||$1,072|
|Geico||835 / 1000||$386||$1,331|
|Erie||856 / 1000||$427||$1,082|
|Progressive||834 / 1000||$433||$993|
*USAA is not officially ranked by J.D. Power due to eligibility restrictions.
USAA offers Norfolk drivers cheap average car insurance rates and consistently high-rated customer service. The company is the highest-rated in J.D. Power’s auto insurance study but is not officially ranked because access to its auto insurance is only possible for former and current Armed Forces personnel and qualifying family members. It made our list because Norfolk is home to the world’s largest naval station.
Learn more: USAA insurance review
For vehicle owners who cannot get coverage through USAA, Geico’s annual rate of $386 on average for minimum coverage is the second cheapest in the city. However, its full coverage car insurance is the highest of all the carriers reviewed at $1,331 per year. If you are required to have full coverage car insurance because you lease or finance your vehicle, there are cheaper alternatives to Geico.
Learn more: Geico insurance review
Erie’s average annual car insurance rates for minimum coverage are cheap, and its average full coverage car insurance premiums are competitive. However, Erie’s full coverage car insurance provides more value for the price, which may justify paying a bit more. Erie includes pet coverage for injuries up to $500 per pet ($1,000 maximum) if a furry friend is injured in a covered car accident. Personal items in the vehicle are also included, up to $350. In addition, locksmith services (up to $75) and auto glass repair are part of the premium.
Learn more: Erie insurance review
For the cheapest full coverage car insurance based on our research, Progressive beats the other three insurance carriers with a rate of $993 per year. A notable feature of having coverage with Progressive is its mobile app. You can easily make changes to your coverage, view your insurance cards, start claims and follow them until you are paid. Best of all, you can handle most of your insurance needs at any time, day or night.
Learn more: Progressive insurance review
Cheapest car insurance in Norfolk
Norfolk’s average annual rates of $1,499 for full coverage car insurance are lower than the national average cost of $1,674 per year. Depending on your driving record, age and other factors, you may find even lower rates. Bankrate collected data from the best insurance companies in Norfolk and found that five beat the average:
|Insurance company||Average annual premium for minimum coverage||Average annual premium for full coverage|
USAA is the cheapest but is only available to military personnel and family. Geico and Travelers have the most discount options for maximum savings. Mercury insurance may have the lowest rates for high-risk drivers who may need an SR-22 or have multiple tickets or previous accidents. Erie’s full coverage car insurance package provides the most value, with several extras included in the price.
Norfolk insurance requirements
Norfolk’s minimum liability coverage requirements are:
- Bodily injury liability coverage per person: $25,000
- Bodily injury liability coverage per accident: $50,000
- Property damage coverage: $20,000
Virginia also requires drivers to carry uninsured/underinsured motorist insurance at the same policy limits as your liability insurance, unless you ask in writing for the limits to be reduced. Virginia also allows drivers to pay a $500 uninsured fee to skip getting car insurance as long as they are willing to attest that they can pay for damages or injuries out of pocket if they cause an accident. However, with the number of quality insurance carriers providing car insurance for less than $500 per year, the concept does not make much financial sense for most people.
Car insurance discounts in Norfolk
Most car insurance companies have a list of discounts available to policyholders. You may be eligible for discounts including:
- Military: Many companies provide military personnel with car insurance discounts. If you do not see it on the company website, ask.
- Good student: Young adults face the highest car insurance premiums due to their inexperience driving. A good student discount may help reduce the high cost of coverage.
- Auto payments: Setting up scheduled automatic payments for your premiums can come with a discount. Best of all, your car insurance bill is one less thing you have to worry about.
- Bundling: Buying home and car insurance from the same insurance company is one of the best ways to save on coverage. Most carriers provide both homeowners and auto coverage and offer discounts on both.
For the biggest reduction in your auto insurance bill, stack several discounts. Even the smallest discounts can add up to significant savings when you take advantage of several.
Frequently asked questions
What is the best car insurance company in Norfolk?
It is hard to choose only one carrier because it depends on what you are looking for. Our picks for the best car insurance companies in Norfolk are USAA for military personnel, Erie for full coverage car insurance and Geico for cheap minimum coverage. However, you may be able to find better rates or coverage options from other carriers. It’s a good idea to shop around and compare multiple providers before purchasing car insurance.
How much does car insurance in Norfolk cost?
The average cost of car insurance in Norfolk, Virginia is $570 per year for basic minimum coverage and $1,499 for full coverage car insurance, which includes comprehensive and collision coverage. However, we identified several carriers in this article that typically provide coverage for less than the average rates.
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 base profile drivers own a 2019 Toyota Camry, commute five days a week and drive 12,000 miles annually.
These are sample rates and should only be used for comparative purposes.