best car policy Richmond
2022
The Cheapest and Best Car Insurance in Richmond
The Cheapest Car Insurance Companies in Richmond
The cheapest full moon coverage car policy options for Richmond drivers are :
- Progressive: $530 per year
- Erie: $715 per year
military members and their families can choose to go through USAA, the second base most low-cost car insurance ship’s company in Richmond at $ 631 per year on median. progressive ’ sulfur policy is $ 655 cheaper than the most expensive insurance company for wax coverage, which is MetLife. Full coverage policies include comprehensive a well as collision policy, and your lender may require that you include these if your vehicle is leased or financed .
Cheapest Car Insurance in Richmond
Full Coverage 100/300/100
- company 100/300/100
per year
- 1 .Progressive
$530
- 2 .USAA
$631
- 3 .Erie
$715
- 4 .GEICO
$729
- 5 .Nationwide
$760
- 6 .State Farm
$791
- 7 .Travelers
$844
- 8 .Allstate
$885
- 9 .Mercury
$938
- 10 .MetLife
$1,185
MoneyGeek ’ s methodology included collecting full coverage policy rates for a 40-year-old male driver in Richmond. A full moon coverage policy includes comprehensive examination and collision coverage. These coverages are in accession to the minimal requirements. If you have a leased or financed vehicle, you may be required to include wide coverage therefore that you can pay off your loans in the event of an accident .
- Comprehensive Insurance: This insurance covers damage to your vehicle due to non-accident-related causes such as theft and natural calamities.
- Collision Insurance: This insurance covers you when you collide with another vehicle (irrespective of who is at fault) or a stationary object.
If you own an older car, it would be cheaper to choose liability-only policy or even a state minimal policy. otherwise, you may end up paying more for policy than the surrogate value of your vehicle .
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Cheapest Car Insurance in Richmond for Minimum Coverage
Auto policy companies in Richmond and elsewhere consider the sum of coverage you buy when determining your premium costs. A basic policy that alone meets state of matter minimums in Richmond costs $ 440 on average, while a full coverage policy with higher liability limits costs around $ 819. That is a deviation of $ 379 .
Cheapest Minimum Liability Car Insurance in Richmond
state Minimum
- caller State Minimum
per year
- 1 .USAA
$305
- 2 .Progressive
$346
- 3 .Erie
$360
- 4 .GEICO
$379
- 5 .State Farm
$410
- 6 .Allstate
$428
- 7 .Mercury
$453
- 8 .Travelers
$459
- 9 .Nationwide
$465
- 10 .MetLife
$666
State minimal coverage policies are the cheapest choice in Virginia under normal circumstances. however, it could prove to be more expensive in the event of an accident. This is because you may have to pay out of air pocket to meet certain expenses that are not covered in your policy. For exemplify, if the aesculapian bills for an at-fault accident measure to $ 50,000 for the early driver, your 25/50/20 minimum coverage will cover $ 25,000 of that. You will be responsible for paying the balance wheel .
Virginia Minimum Liability Requirements
- item description
- Bodily Injury and Property Damage $ 25,000 per person, $ 50,000 per accident and $ 20,000 for property damage. A more protective charge is 100/300/100 .
- Uninsured motorist $ 25,000 per person, $ 50,000 per incidental and $ 20,000 for property damage. The minimum coverage may not be enough if you ‘re in a serious accident .
Cheapest Car Insurance in Richmond if You Have Driving Violations
Drivers with violations such as a DUI, at-fault accident or a accelerate tag will have to pay more for insurance. In Richmond, the cheapest car policy for such drivers are :
- Cheapest after a ticket: Progressive, $704 per year
- Cheapest after an at-fault accident: Progressive, $911 per year
- Cheapest after a DUI: Progressive, $744 per year
Drivers with poor records in Richmond can get better rates by improving their records over time. To get more low-cost indemnity premiums in the meanwhile, try exploring respective quotes before deciding upon the best cheap car policy for drivers with bad records .
Cheapest Car Insurance in Richmond With a Violation
Speeding ticket
- company Speeding Ticket
per year
- 1 .Progressive
$704
- 2 .GEICO
$729
- 3 .Erie
$747
- 4 .USAA
$762
- 5 .State Farm
$865
- 6 .Nationwide
$940
- 7 .Allstate
$1,154
- 8 .Travelers
$1,176
- 9 .Mercury
$1,357
- 10 .MetLife
$1,450
Average Cost of Car Insurance in Richmond
Richmond
$819
Virginia
$790
U.S.
$1,424
Richmond ’ second average car policy rate is $ 819 per year, which is 42.5 % lower than the national average. Though this rate is 3.7 % higher than the average annual bounty in Virginia, you can still get brassy car policy in Richmond if you look around.
Personalized Quotes to Get You the Cheapest Car Insurance in Richmond
To get the best car insurance in Richmond, having a individualized quotation mark is recommended. Age, sex, credit score, driving history and marital condition are precisely some of the factors that car policy companies in Richmond spirit into. Because indeed many aspects of your personal profile are considered, it ’ s best to get a quote that suits your alone situation .
Compare Car Insurance Rates in Richmond
see you ‘re getting the best pace for your car policy. Compare quotes from the clear indemnity companies. widget-location-pin
The Best Car Insurance Companies in Richmond
MoneyGeek ’ s singular rank system analyzed the best policy companies in Richmond based on affordability and avail reputation. The top two insurers based on these criteria are :
- GEICO: MoneyGeek score of 93 out of 100
- Hartford: MoneyGeek score of 88 out of 100
With a score of 100 out of 100, USAA ranked highest as per our methodology and is the best choice for drivers who are military personnel. MoneyGeek ranked these car indemnity companies using respective factors, including insurance company fiscal stability, customer satisfaction and affordability. We used findings from data analytics and consumer intelligence company J. D. Power and multiple other resources to perform this study .
1
USAA
score :
100
5/5 Affordability 5/5 Claims Ratings 5/5 User Satisfaction A++ fiscal stability 2
GEICO
grudge :
92.5
5/5 Affordability
3/5 Claims Ratings 4/5 User Satisfaction A++ fiscal stability 3
Hartford
seduce :
87.5
4/5 Affordability 3/5 Claims Ratings 4/5 User Satisfaction A+ fiscal stability 4
State Farm
mark :
85
3/5 Affordability 3/5 Claims Ratings 3/5 User Satisfaction A++ fiscal stability 5
Travelers
score :
85
2/5 Affordability 5/5 Claims Ratings 2/5 User Satisfaction A++ fiscal constancy 6
Progressive
score :
80
3/5 Affordability 3/5 Claims Ratings 2/5 User Satisfaction A+ fiscal stability 7
Nationwide
score :
77.5
2/5 Affordability 3/5 Claims Ratings 2/5 User Satisfaction A+ fiscal constancy 8
Farmers
score :
75
3/5 Affordability 2/5 Claims Ratings 2/5 User Satisfaction A fiscal constancy 9
CSAA
score :
75
3/5 Affordability 2/5 Claims Ratings 2/5 User Satisfaction A fiscal stability 10
Allstate
seduce :
75
2/5 Affordability 2/5 Claims Ratings 2/5 User Satisfaction A+ fiscal stability 11
Plymouth Rock Assurance
sexual conquest :
72.5
2/5 Affordability 3/5 Claims Ratings 2/5 User Satisfaction A- fiscal stability 12
Liberty Mutual
score :
72.5
2/5 Affordability 2/5 Claims Ratings 2/5 User Satisfaction A fiscal stability
Average Cost of Car Insurance by Postal Code
cable car insurance companies in Richmond besides look at ZIP codes when determining their quotes. If you live in ZIP code 23223, you could pay around $ 34 more than drivers in ZIP code 23234. The difference relies on the number of car-related incidents in a specific sphere, such as uninsured motorists, thefts, accidents and more .
- Zip Code State Minimum
per year
- 23234
$802
- 23223
$837
Factors That Impact Insurance Costs in Richmond
In addition to individual driver needs and history, location-specific factors like the share of uninsured motorists and the rate of cable car thefts besides contribute to car indemnity rates in Richmond. How richmond ranks compared to the 300 most populous cities in the United States can have a significant shock on premium costs .
Most Accidents With Fatalities
168th
/ 300
Most car Thefts
88th
/ 300
Most uninsured Motorists by State
34th
/ 50
personal Injury Protection Required No
Most annual rain
91st
/ 300
Most showery Days
102nd
/ 300
Methodology and Assumptions
MoneyGeek ’ south average premium rates for Richmond are based on 100/300/100 comprehensive examination collision coverage with a $ 1,000 deductible for a 40-year-old male driver. The median driver profiled drives a 2010 Toyota Camry LE and has no tickets or accidents on their record. Additional premiums are added based on coverage type, location and drive record. Learn more about MoneyGeek ’ randomness data and methodology here. About the generator
Mark Fitzpatrick is a aged content coach with MoneyGeek specializing in policy. Mark has years of experience analyzing the policy market and creating original research and contentedness. He graduated from Boston College with a Bachelor of Arts and Johns Hopkins University with a victor of Arts .