According to the Bureau of Transportation, Virginia has hundreds miles of highway and back country roads with 5,602,765 licensed drivers. Where you live, your age and your driving record all influence the car insurance rates you’ll get so it’s to your advantage to compare quotes to get the best cheap car insurance.
When you’re exploring the best auto insurance in Virginia, make sure to consider:
- Virginia’s minimum requirements – will they meet your needs or do you need additional coverage?
- Your lifestyle, age, how much you drive and make and model of your car
- The reliability of the insurer
When you consider those things, you will be able to find the best provider for your needs.
Best car insurance companies in Virginia
When it comes to insurance, the best car insurance is the one that gives you the best coverage in case of emergency. Based on the J.D. Power 2020 Auto Insurance Study, here are our top picks:
|Car Insurance Company||J.D. Power Score (out of 1,000)||AM Best Rating||Average Annual Premium for Minimum Coverage||Average Annual Premium for Full Coverage|
Erie Insurance is considered a regional insurance company because it only provides coverage in 12 states. Nevertheless, it’s one of the best car insurance companies in Virginia.
Erie has some savings options to help policyholders save. Long-time policyholders benefit the most. The Accident Forgiveness Program, forgives one accident claim to protect policyholders from increased insurance premiums. You can also earn a deductible reduction of $100 every year without a claim.
For many budget-oriented drivers, Geico may be the best car insurance in Virginia. The company provides customers with many discounts that could earn you anywhere between 10 and 30 percent off your car insurance. Plus, you’ll receive an additional 10 percent off when you first switch to Geico.
Nationwide comes in fifth in the best car insurance in Virginia roundup. Like all the other companies, it offers a full range of standard coverages for every type of driver. Safer drivers (or those who want to improve their driving history) will benefit the most when choosing Nationwide — accident forgiveness and vanishing deductible are a couple of rewards for driving safely and defensively.
State Farm sold its very first car insurance policy in 1922. Today, the company has over 19,000 agents who service more than 80 million insurance policies.
Besides its stellar auto insurance Virginia policies, State Farm offers banking and investment products, as well as health, life and property insurance. The company is not known as the lowest cost insurer, but if you like personal attention from a knowledgeable agent, State Farm is an excellent choice.
Travelers has a good reputation for its unique optional coverages. While Erie Insurance may forgive one accident claim, Travelers tops it with two-accident forgiveness. If you sign up for IntelliDrive, you’ll earn up to 20 percent off your car insurance for good driving habits. The program runs for 90 days and tracks your driving behaviors through an app. The safer you drive, the more discounts you could earn.
Average cost of car insurance cost in Virginia
Virginia is one of the cheaper states for car insurance, according to our findings published in our Average Cost of Car Insurance report. Virginia averages $1,259 per year for full coverage and $414 for the minimum liability coverage mandated. Florida, one of the most expensive state for car insurance costs $2,544 for full coverage and $895 for minimum liability.
State minimum insurance requirements in Virginia
Virginia’s minimum insurance requirements are 25/50/20. This means the minimum insurance required is injury coverage of at least $25,000 for one person and at least $50,000 for everyone in the car. Minimum requirement for property damage requirements in Virginia is $20,000 of insurance coverage.
Auto insurance discounts in Virginia
There are ways to lower your auto insurance Virginia cost with a little research. Some of those include:
- Full payment: Paying your insurance premium in full for the year may entitle you to a discount.
- Good student: Those who maintain good grades may be eligible for an insurance discount.
- Driver training: Those under 21 can who complete driver training courses may be eligible for a discount.
- Multi-car or bundling: Ask if discounts are available for insuring multiple vehicles and/or combining with home or renter’s insurance.
Other providers may offer discounts for vehicles with anti-theft devices, seat belts and other safety devices.
Frequently asked questions
What is the cheapest car insurance in Virginia?
The cheapest car insurance depends on factors that range from your age, address and driving history, but the cheapest may not be the best for you. To find the best auto insurance in Virginia, get a few quotes. When comparing quotes, make sure to compare sufficient coverage for your needs.
What do I need to get car insurance in Virginia?
When applying for insurance coverage, you’ll need your vehicle information, including the VIN and the make and model of the car. You’ll also need to know the home address and ZIP code for the driver and the driver’s name and age.
Do I need full car insurance Virginia coverage?
If you’re financing your vehicle, your lender will probably require you to have full coverage. Virginia’s minimum required liability insurance does not protect your vehicle if it’s damaged or totaled. That’s why you should consider full coverage, so your insurance provider steps in to repair or replace your car after an accident.
What are the best car insurance Virginia companies?
We found that State Farm, Erie, Geico, Travelers and Nationwide are the best auto insurance companies in Virginia. USAA also ranks high but didn’t make our list because it’s only available to active or retired military members and their families.
Bankrate utilizes Quadrant Information Services to analyze 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 cleaning 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 2018 Honda Accord, 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.