Finding an auto insurance policy to protect your financial assets after an accident is important, but you should take into account not just its cost but also your individual coverage needs and limits available. Our Virginia Car Insurance Calculator can assist in this regard. Consider both the minimum liability limits mandated by Virginia law as well as optional coverages such as personal injury protection and collision, which will pay to repair or replace your vehicle if it’s damaged in an accident. Furthermore, comprehensive and collision coverage should also be added if your lender requires it; though full coverage policies generally cost more per year compared with liability-only policies but give greater peace of mind for your car.
Car insurance rates can differ widely between and even within states, so it is wise to compare quotes before making your purchase decision. MoneyGeek has provided the average annual car insurance rates in Virginia as well as information regarding which coverage levels might cost less.
We’ve also compiled a list of Virginia’s best car insurance providers for each age group and driving history, boasting outstanding customer service and affordable rates for drivers of all ages – so if you are shopping around for new coverage be sure to give these companies some consideration if looking for new policies!
Virginia car insurance rates depend on many variables that include age, marital status and credit score. Young drivers will typically face higher premiums due to less experience driving and greater chances of collisions; DUI offenders could face even higher premiums as high-risk drivers.
Marital status can have a direct impact on insurance premiums; married drivers typically enjoy lower premiums due to bundling their policies together and sharing income more equally than single drivers.
Your vehicle makes an impactful statement about you; some models of vehicles cost more to insure than others, and its engine size can have an effect as well, depending on its power output and safety features.
Finally, your credit score plays a role in how much car insurance costs. Poor credit signals to insurers that you may be more of a risky driver and more likely to file claims than others.
Virginia car insurance premiums average $1,349 annually; to get a clearer idea of your costs you can use one of Virginia’s top providers’ car insurance calculators to gain insight. By comparing quotes from various providers you’ll be sure to find an ideal policy at a price suitable to both your needs and budget.