Best car insurance in Virginia for 2021

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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 Average annual premium for full coverage J.D. Power score
Erie Insurance $1,016 871/1000
Geico $1,086 857/1000
Nationwide $930 825/1000
State Farm $972 835/1000
Travelers $839 823/1000

Erie

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.

Geico

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

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

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

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

Average annual premium for minimum coverage in Virginia Average annual premium for full coverage in Virginia
$414 $1,259

The national average cost of car insurance in the U.S. is $1,738 per year, making Virginia significantly cheaper at an annual rate of $1,259 for full coverage. However, the cost may not be the same for everyone. Auto insurance prices are determined by a number of factors, such as age, gender, marital status, type of vehicle, driving record, credit history and location. The cost of auto insurance is always the highest for young motorists, high risk drivers and those living in regions vulnerable to weather damage.

How to get the best car insurance

No two car insurance providers are the same and the most trusted way to find the right fit for you is to compare multiple companies based on coverages and cost. When collecting quotes from insurers and looking at their features, don’t forget to:

  • Evaluate your needs: Every insurance company provides the basic coverage you are required to have, but there are times when you need more. If your car is new and expensive, if you have an auto loan or if you want to add teenage drivers to your policy, you might want to choose a provider that covers your specific needs.
  • Consider state factors: The region you live in has a considerable influence on the type of coverage you need. Floods, hurricanes, dense traffic and road accidents, high incidence of crimes and uninsured drivers are some of the location-based factors that should be taken into account when buying a car insurance policy.

Auto insurance discounts in Virginia

Although car insurance in Virginia is not as expensive as in some other states, it is still a good idea to get the best value for your money in every possible way – meaning you should always consider available discounts. Every insurance company offers different kinds of discounts to lower your annual premium.

Discount Erie Insurance Geico Nationwide State Farm Travelers
Anti-lock brakes x x x x
Anti-theft devices x x x x
Automatic payment/paperless billing x x x x
Defensive driving course x x x
Early signing x
Full payment x x
Good student x x x x
Green vehicle x
Loyalty x x
Low annual mileage x x
Military x
Multiple policies x x x x x
Multiple vehicles x x x x x
Occupational or organizations x x x
Safe driver/accident free x x x x x
Safety features x x x x x

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.

Methodology

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 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 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.

About the author


Cynthia Widmayer

Cynthia Widmayerl
Cynthia Widmayer has over two years of experience as an insurance and personal finance writer. She covers home, car and life insurance products for Bankrate, the Simple Dollar, and Coverage.com, among others.