Cheap Auto Insurance In Va: Check Complete Information On its Requirement And Rates

Read exclusive facts unavailable elsewhere about Cheap Auto Insurance in VA to know estimated rates under each category.

Did you know Virginia does not require auto insurance if the motorist pays $500 per year for Uninsured Motor Vehicle(UMV)? Did you know that auto insurance costs are approximately 7% higher than the national average? However, VA policies related to Cheap Auto Insurance in VA are popular Worldwide.

Requirements of auto insurance in VA:

When buying a car, the franchises offer the cheapest auto insurance rates. However, the rates are set to default upon yearly renewal or at the time of reinstating the auto insurance once it is discontinued in the past. Hence, different insurance companies offer competitive rates. There are two types of insurance coverage, including:

• Standard auto insurance, and
• Liability insurance.

Standard auto insurance covers:

• Liability insurance,
• Collision insurance,
• Comprehensive insurance,
• Uninsured motorist coverage,
• Personal injury protection, and
• Medical payment coverage.

Liability insurance is not required in New Hampshire. Collision and Comprehensive insurance are not required by law but are offered by most insurers. Below are top five Cheap Auto Insurance in VA. Medical payment coverage is required in Maine only.

The Liability insurance covers:

Va. Code § 46.2-706 requires motorists to pay $500/year towards UMV, which enables payment of liabilities in case an uninsured driver is involved in an accident, personal injury, or property damage.

• A $20K coverage for uninsured or underinsured motorist property damage,
• A $30K coverage for uninsured or underinsured motorist bodily injury per person and
• A $60K coverage for uninsured or underinsured motorist bodily injury per accident.
• Read More – Online Moto Car Insurance Quotes: What Is Insurance And Its Benefits? Check Here

Cheapest Liability auto insurance rates:

Insurer	Estimated Annual Cost	Estimated Monthly Cost to check Cheap Auto Insurance in VA
State Farm	$330	$28
Erie Insurance	$341	$28
Virginia Farm Bureau	$379	$32
USAA	$392	$33
Auto-Owners Insurance	$404	$34
Travelers	$415	$35
Geico	$418	$35
Allstate	$679	$57
Progressive	$859	$72

Cheapest full coverage auto insurance rates:

Insurer	Estimated Annual Cost	Estimated Monthly Cost
State Farm	$1,185	$99
Erie Insurance	$1,200	$100
Virginia Farm Bureau	$1,201	$100
Travelers	$1,220	$102
Geico	$1,316	$110
USAA	$1,334	$111
Auto-Owners Insurance	$1,350	$113
Progressive	$2,110	$176
Allstate	$2,138	$178

Cheapest auto insurance for 16-years old:

Insurer	Estimated Annual Cost	Estimated Monthly Cost
Virginia Farm Bureau	$2,758	$230
Erie Insurance	$3,692	$308
Auto Owners	$4,054	$338
State Farm	$4,178	$348
Geico	$4,342	$362

Cheap Auto Insurance in VA for 17-years old:

Insurer	Estimated Annual Cost	Estimated Monthly Cost
Virginia Farm Bureau	$2,760	$230
Erie Insurance	$2,798	$233
Geico	$2,915	$243
State Farm	$3,054	$255
USAA	$3,058	$255

Cheapest auto insurance for 18-years old:

Insurer	Estimated Annual Cost	Estimated Monthly Cost
Erie Insurance	$2,425	$202
Geico	$2,427	$202
USAA	$2,489	$207
Virginia Farm Bureau	$2,590	$216
State Farm	$2,678	$223

Cheapest auto insurance for 21-years old:

Insurer	Estimated Annual Cost	Estimated Monthly Cost
USAA	$1,364	$114
Geico	$1,479	$123
Nationwide	$1,571	$131
Erie Insurance	$1,784	$149
State Farm	$1,801	$150

Cheap Auto Insurance in VA for 25-years old:

Insurer	Estimated Annual Cost	Estimated Monthly Cost
Virginia Farm Bureau	$1,286	$107
Travelers	$1,312	$109
Geico	$1,412	$118
Erie Insurance	$1,525	$127
USAA	$1,714	$143

Cheapest auto insurance for 30-years old:

Insurer	Estimated Annual Cost	Estimated Monthly Cost
USAA	$910	$76
Nationwide	$1,029	$86
Erie Insurance	$1,049	$87
Geico	$1,092	$91
State Farm	$1,100	$92

Cheapest auto insurance for 35-years old:

Insurer	Estimated Annual Cost	Estimated Monthly Cost
State Farm	$1,185	$99
Erie Insurance	$1,200	$100
Travelers	$1,220	$102
Geico	$1,316	$110
USAA	$1,334	$111

Cheap Auto Insurance in VA for 17-years old:

Insurer	Estimated Annual Cost	Estimated Monthly Cost
USAA	$848	$71
Erie Insurance	$983	$82
Nationwide	$986	$82
Geico	$1,068	$89
Travelers	$1,070	$89

Cheapest auto insurance for 50-years old:

Insurer	Estimated Annual Cost	Estimated Monthly Cost
USAA	$792	$66
Erie Insurance	$909	$76
Nationwide	$930	$78
Geico	$1,012	$84
State Farm	$1,053	$88

Cheapest auto insurance for 65-years old:

Insurer	Estimated Annual Cost	Estimated Monthly Cost
USAA	$823	$69
Nationwide	$900	$75
State Farm	$908	$76
Erie Insurance	$970	$81
Geico	$988	$82

Cheap Auto Insurance in VA for 75-years old:

Insurer	Estimated Annual Cost	Estimated Monthly Cost
USAA	$1,050	$88
Nationwide	$1,102	$92
State Farm	$1,147	$96
Erie Insurance	$1,174	$98
Geico	$1,194	$100

Cheapest auto insurance for high-risk drivers(with speeding tickets):

Insurer	Estimated Annual Cost	Estimated Monthly Cost
State Farm	$1,269	$106
Erie Insurance	$1,341	$112
Travelers	$1,611	$134
USAA	$1,623	$135
Progressive	$2,187	$182

Cheapest auto insurance for drivers involved in recent accidents:

Insurer	Estimated Annual Cost	Estimated Monthly Cost
Erie Insurance	$1,341	$112
State Farm	$1,367	$114
Virginia Farm Bureau	$1,569	$131
USAA	$1,957	$163
Progressive	$3,167	$264

Cheap Auto Insurance in VA for driving under the influence(DUI) or driving while intoxicated(DWI):

Insurer	Estimated Annual Cost	Estimated Monthly Cost
State Farm	$1,269	$106
Virginia Farm Bureau	$1,608	$134
Erie Insurance	$1,925	$160
USAA	$2,536	$211
Progressive	$2,573	$214

Cheapest auto insurance for drivers with poor credit scores:

Insurer	Estimated Annual Cost	Estimated Monthly Cost
Geico	$2,014	$168
Travelers	$2,114	$176
Virginia Farm Bureau	$2,131	$178
USAA	$2,393	$199
Progressive	$3,422	$285

Conclusion:

The average insurance rates depend on various factors, including Location in VA, Age of the insured, Driving records of the insured, Credit scores, Gender, Marital status, and type of vehicle. The users should be aware about getting Cheap Auto Insurance in VA based on region’s auto insurance requirements, various discounts, and ratings of the insurer.

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