Virginia Car Insurance Calculator – How Factors Affect Your Rates

Virginia Car Insurance Calculator

WalletHub reports that car insurance rates in Virginia vary considerably by city, making comparison shopping crucial to finding an insurer with suitable policies at competitive rates. Policygenius can make this easier than ever by helping users quickly compare personalized quotes and find their perfect insurance provider.

Most states mandate minimum car insurance requirements in order for drivers to legally drive. Virginia follows this trend with state minimum requirements of $100,000 bodily injury liability per person, $300,000 property damage liability per accident and $50,000 uninsured/underinsured motorist coverage – most drivers opting for collision and comprehensive policies as well.

An excellent driving record is one of the key components in reducing car insurance rates, particularly in cases involving violations or accidents that increase premiums significantly – this is particularly true of drivers with serious offenses like DUIs or DWIs; their rates typically increase by an average of $2,810.

The type of vehicle you drive also plays a large role in your auto insurance rates. In general, smaller, less costly cars tend to cost less to insure than their more luxurious counterparts; however, this doesn’t always apply and many factors play a part when calculating rates.

Other variables that impact your rates besides driving history and car model include age, marital status and credit score. While these elements of personal profiles cannot be controlled directly by you directly, premiums often take them into consideration when setting premiums.

Many insurers provide discounts that can help you reduce the cost of Virginia car insurance, including good student, military family, senior citizen and safe driving discounts. You could also save even more by bundling policies with one insurer such as home or auto.

Divorced drivers tend to enjoy lower auto insurance premiums than single drivers due to insurers seeing them as more responsible and therefore lower risks to insure. It is still advisable to shop around and compare offers as some companies may not offer these discounts.

Addition of a teenage driver to your Virginia auto insurance policy can increase rates up to three-and-a-half-fold, as they tend to be inexperienced and more likely to cause accidents than older drivers.

Though the average annual full coverage car insurance cost in Virginia is $1,349), you could likely find cheaper options by shopping around and comparing quotes through Policygenius. By viewing quotes from top companies, Policygenius allows you to see all available policies that may fit both your needs and budget – just answer a few simple questions to receive your customized car insurance rates now!