Virginia’s Cheapest Car Insurance in 2022

Virginia’s Cheapest Car Insurance in 2022

Drivers in Virginia pay an average $ 64 a month for the minimal state-required car indemnity coverage. That ‘s 26 % less than the national average of $ 87 a calendar month. farm Bureau has the cheapest car indemnity rates in Virginia — $ 31 a month for minimal coverage and $ 68 for full coverage .
tied with these low median rates, you may find even cheaper rates after doing a little homework. That ‘s where we come in. We looked at the biggest names in car insurance in Virginia. We compared and contrasted their rates, policy offerings and consumer trends to help you get the best, cheapest car insurance in Virginia .

How much is car insurance in Virginia?

Virginia drivers pay an average of $ 64 a calendar month for minimal coverage and $ 130 a calendar month for full moon coverage .

Average minimum and full-coverage car insurance rates by region
  Monthly minimum-coverage rate Monthly full-coverage rate
U.S. $87 $177
Virginia $64 $130
Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary.

This puts average cable car indemnity rates in Virginia at approximately 26 % cheaper than the home averages for both minimum and full-coverage policies. Factors that can affect your car policy rates include :

  • Your driving record.
  • Where you live.
  • The age and condition of your car.
  • The policy limits you choose.

The best, cheapest car insurance companies in Virginia

In looking at the nine most popular car policy providers in Virginia, Farm Bureau has the cheapest average rates for both minimum and full-coverage car insurance. The company charges $ 31 a calendar month for minimal coverage and $ 68 a calendar month for wide car insurance coverage. That makes Farm Bureau 52 % cheaper than the Virginia average minimum-coverage pace of $ 64 a month, and 48 % cheaper than the state ‘s full-coverage rate of $ 130 .
After Farm Bureau, Erie is the second-cheapest insurance company, quoting $ 35 a month for minimum coverage and $ 85 for entire coverage. USAA comes in as third-cheapest, at $ 40 a calendar month for minimum coverage and $ 85 for full coverage .

 

 

Farm Bureau: cheapest rates and best local insurer

If you ‘re looking for the cheapest car policy rates in Virginia and like to have your supplier nearby, check out Farm Bureau. It has the state ‘s lowest average minimum-coverage rate of $ 31 a month, and $ 68 a calendar month for wide coverage. The table below shows how Farm Bureau ‘s rates compare to both Virginia and national averages .

Comparing Farm Bureau’s monthly rates
  Minimum coverage Full coverage
Farm Bureau $31 $68
Virginia $64 $130
National $87 $177
Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary.

Erie: cheap car insurance rates and best for long-term savings

Erie offers an modal minimum-coverage car insurance rate of $ 35 a month and a full-coverage rate of $ 85 a calendar month. The party besides has some excellent policy perks that can help you save money over the years .
One of the big offerings Erie has is their rate Lock program. With it, your rate stays the same until you take certain actions, like adding or removing a driver or car from your policy, or moving .
Another luminary rebate is bundling. If you bundle a home indemnity policy with your car indemnity, you can save upwards of 25 %.

Erie besides has one of the highest customer gratification ratings. In J.D. Power ‘s 2021 U.S. Auto Insurance Study, the ship’s company earned 856 out of 1,000 points among middle atlantic states, well above the regional average of 842. This indicates above-average customer memory and renewal .

USAA: cheap rates and best for military

USAA has an average minimal cable car policy rate of $ 40 a month and a full-coverage rate of $ 85. USAA is renowned for its insurance coverage for presently serving and veteran military members. This makes the company ideal for many drivers in Virginia, where, according to the World Population Review, the second-highest population of Armed Forces members in the area lives .
USAA started in 1922, focusing on the insurance needs of Armed Forces members. The company has car policy benefits geared towards those serving in the military that are hard to find elsewhere, such as providing coverage if you ‘re stationed abroad .
USAA is frequently considered the best of the best for customer atonement. In J.D. Power ‘s 2021 U.S. Auto Insurance Study, USAA scored 896 out of 1,000 for customer satisfaction among insurers operating in middle atlantic states. That was the highest seduce in the region and well above the regional average of 842 .

Virginia minimum car insurance requirements

Virginia express law requires drivers to have the follow minimum car indemnity coverage :

  • Bodily injury liability per person: $25,000
  • Bodily injury liability per accident: $50,000
  • Property damage: $20,000

Please note that these are the legal requirements to drive in Virginia, they are credibly not adequate in the event of an accident that results in a large checkup bill or a long court character. In decree to make sure you have proper coverage that ‘s still low-cost, we recommend the follow limits :

  • Bodily injury liability per person: $100,000
  • Bodily injury liability per accident: $300,000
  • Property damage: $100,000

If you do not want to purchase car indemnity, the state of Virginia allows you to pay a $ 500 Uninsured Motor Vehicle ( UMV ) fee. This only allows you to drive without policy at your own gamble. It does not act as policy of any kind, and it expires when your adjustment expires and must be renewed .
Given the gloomy average price of car policy in Virginia, it may actually cost you more to pay UMV fees over time than to buy a car policy policy. And that ‘s before considering the thousands of dollars it can cost you out of pouch if you ‘re in an accident without insurance coverage .
Compare quotes from multiple car indemnity companies to find the best agio you can. If you ca n’t find something low-cost, contact the Virginia Bureau of Insurance .

Methodology

We used Quadrant Information Services to generate thousands of car policy quotes from every ZIP code in Virginia from the come providers :

  • Allstate
  • Erie
  • Farm Bureau
  • Geico
  • Nationwide
  • Progressive
  • State Farm
  • Travelers
  • USAA

Our sample driver is a 35-year-old male with a uninfected record who drives a 2012 Honda Accord LX 13,500 miles per class .

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