Best Cheap Car Insurance in Virginia
Best Cheap Car Insurance in Virginia

Best Cheap Car Insurance in Virginia

Best Cheap Car Insurance in Virginia

If you’re looking for cheap car insurance in Virginia, the most affordable company will depend on personal factors such as your age, driving record and credit history. Prices also differ from one insurer to the next, which is why it’s smart to compare several quotes.
To help drivers find the best deal, NerdWallet gathered rates from the six largest companies in the state and found the cheapest Virginia car insurance options for several driver types.

Cheapest for good drivers
State Farm was the cheapest carrier we found for good drivers with good credit in Virginia, charging an average rate of $77 per month. Geico and Progressive come in second and third, respectively.

Cheapest for drivers with poor credit
Geico was the cheapest insurer we found for Virginians with poor credit, at $103 per month, on average. Rates went up sharply from there, with Nationwide and State Farm rounding out the cheapest three.
Poor credit can have a bigger effect on car insurance premiums than even a DUI conviction or a recent accident. To calculate these figures, NerdWallet averaged rates for 40-year-olds with a clean driving record, poor credit as reported to their insurer, and standard "full coverage" insurance.

Cheapest for drivers with one at-fault crash
Virginia drivers with a recent accident on their records would do well to get several insurance quotes. State Farm had an average rate less than half of its competitors, at $92 per month. Geico and Nationwide also make the list, coming in well under $200 per month.

To get these figures, we averaged rates for 40-year-olds with one recent at-fault crash and the typical "full coverage" insurance. Your rates will remain high for three to five years after you cause an accident or have a moving violation. If you fall into this category, be sure to shop for new insurance rates just after the three-year and five-year anniversaries of your infraction.

Cheapest for low-mileage drivers
State Farm had the cheapest rates we found for Virginians who clock few annual miles, at $69 per month, on average. Geico came in second and Progressive was third-cheapest — with the same average rate it had for higher-mileage drivers.
Whether you're retired, work at home or often use public transportation, you may be able to get cheaper car insurance simply because you drive less. The rates above are for 40-year-olds with typical "full coverage" insurance and a clean driving record who drive 5,000 miles per year instead of the standard 12,000.

HONORABLE MENTION: LOW-MILEAGE DRIVERS
Metromile targets drivers who put relatively few miles on their cars, so consider getting a quote if you drive very little. We can’t get rate estimates because this company charges a monthly base rate, plus a per-mile rate each month. But the less you drive, the less you pay, and a road trip here or there won’t break the bank — the company won’t charge you for more than 250 miles per day.

Metromile targets drivers who put relatively few miles on their cars, so consider getting a quote if you drive very little. We can’t get rate estimates because this company charges a monthly base rate, plus a per-mile rate each month. But the less you drive, the less you pay, and a road trip here or there won’t break the bank — the company won’t charge you for more than 250 miles per day.

Cheapest for minimum coverage
If all you want is Virginia’s minimum required coverage, you might want to take a look at State Farm, which had an average rate of $33 per month for bare-bones auto coverage. Geico and Progressive came close, rounding out the list with competitive monthly insurance rates.
We calculated these numbers by averaging rates for 40-year-old good drivers who have only the minimum mandatory insurance in their state. Such light coverage isn't typically recommended, since it might not cover all the bills resulting from a car accident, but it's better than nothing — especially if you can't afford much more.

Cheap for military families
If you’re an active member of the military or a veteran, or have an immediate family member who is, chances are you’ll get relatively low rates from USAA, an option not available to the general public. USAA was the cheapest option for every driver type listed above, except for drivers with poor credit.

Minimum car insurance requirements in Virginia
Virginia requires drivers who purchase insurance to carry liability coverage in at least the following coverage amounts:
  1. $25,000 bodily injury liability per person.
  2. $50,000 bodily injury liability per accident.
  3. $20,000 property damage liability per accident.
  4. $25,000 uninsured/underinsured motorist coverage per person.
  5. $50,000 uninsured/underinsured motorist coverage per accident.
  6. $20,000 uninsured/underinsured motorist property damage coverage per accident.
If you ever cause a crash, liability coverage pays for others’ injuries and property damage, up to your limits. An at-fault crash could easily result in injury or repair bills higher than the amounts listed above, so it’s often smart to purchase more than the minimum coverage. You may also want to consider common add-ons such as collision, comprehensive and uninsured motorist protection.

Find out more about how the required and optional parts of your Virginia policy work by visiting our guide to minimum car insurance requirements by state.

In Virginia, it’s possible to register a car without insurance, but you must pay a $500 uninsured motor vehicle fee. Even if you pay this fee to avoid buying insurance, you still must pay for any damage you cause in a crash.
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