FREE Auto Insurance Comparison
Secured with SHA-256 Encryption
Auto insurance Virginia – Safe with Direct Auto Insurance
Paying for auto insurance Virginia is no fun, and it usually makes up a pretty decent chunk of the overall cost to own a car. Unfortunately, accidents do happen, and car insurance is a requirement no matter what state you live in. Although when considering the cost of healthcare, a hospital stay, and auto repair costs, auto insurance starts looking like a very worthwhile investment.
Additional Options for Auto Insurance Virginia
Additional types of auto insurance coverage are available, starting with comprehensive and collision insurance. These are the two types of auto insurance that car financing companies usually require until the car has been paid off, or the lease contract has ended. Comprehensive insurance covers damages to a car caused by a variety of different sources, from falling tree branches to a deer in the road. Collision insurance provides coverage of any damage to the interior and exterior of the car that was caused by colliding with another car or object. Other types of insurance coverage exist, such as personal injury protection, medical payments coverage, towing and labor coverage and even roadside assistance.
Auto Insurance Virginia: Minimum Requirements
Every state requires a certain minimum level of liability insurance coverage for drivers. The purpose is to make sure that if somebody is out on the road and causes an accident, they have some financial means to compensate the other party for damages or injuries. Although almost every state requires liability insurance, coverage levels vary. In Virginia, liability insurance is required with coverage limits of 25/50/20. This means a driver’s auto insurance policy must have liability insurance limits of at least $25,000 for bodily injury to one person per accident, and up to $50,000 for all injuries in one accident. Additionally, the auto insurance policy must provide coverage of at least $20,000 worth of damages to a car or other personal property.
Virginia also requires drivers to purchase uninsured motorist protection in addition to liability coverage. This type of auto insurance pays for any injuries or damages for a driver who has been involved in an accident caused by an uninsured driver. Since 10% to 20% of the population may be uninsured at any given time, this is an important type of auto insurance coverage to carry.
How much is Auto Insurance in Virginia
The average cost of auto insurance Virginia for most good drivers is around $1,230 annually, however, your exact rates will depend on your overall risk profile which includes a review of your driving record, the type of vehicle insured, where you live, your credit score and more. In comparison to other states, however, Virginia drivers have some of the lowest in the nation averaging up to 20% or more below the national average premium.
Factors Affecting the Cost of Auto Insurance Virginia
Many factors come into play when auto insurance companies calculate premiums. Some factors are largely out of your control while others can be helped somewhat. A person’s age, gender and state of residence all affect auto insurance premiums along with your driving record, credit record, the type of vehicle insured and more.
You also want to pay attention to vehicle safety reports as cars that do extremely well in crash tests tend to be much cheaper to ensure, especially when compared to a shiny new two-seater sports convertible. The person’s occupation may also affect his auto insurance rates but in a good way. Certain types of professions such as teachers or certified public accountants qualify drivers for discounts on premiums.
Who are the Best Companies for Auto Insurance Virginia
This is difficult to answer as there are many great auto insurance companies servicing Virginia. Even though every driver has unique needs they are still multiple choices for quality providers for almost every driver. The easiest way to find the best auto insurance companies in Virginia for your needs is to start an auto insurance comparison search online.