How Much Is Car Insurance in Virginia? (2023)

The cost of car insurance in Virginia varies due to age, location, credit score, coverage and driving history, among other factors. For instance, annual premiums in Virginia range from $2,184 with Kemper to $601 with American Family, representing the most expensive and cheapest rates, respectively.

While the actual costs may vary based on multiple factors, the average cost of car insurance in Virginia is $942 per year. Drivers in Virginia commonly pay the following prices:

• Clean record: $942 per year
• Speeding ticket: $1,308 per year
• Accident: $1,473 per year
• DUI: $1,521 per year

The rates provided above are for full coverage insurance, as the cost of minimum coverage insurance is relatively lower in comparison.

Virginia's average car insurance premiums are moderately lower than the national average of $1,054, resulting in savings of $112. The state's lower population, moderate traffic density and fewer theft cases contribute to its relatively affordable rates.

Your auto insurance premiums in Virginia may be influenced by personal factors, such as your driving history or age.

Estimating car insurance costs in Virginia can be challenging as premiums vary significantly among providers. For instance, American Family offers the cheapest car insurance in Virginia, with full coverage charging $601 per year and minimum coverage costing $243 per year. Kemper offers the highest-priced car insurance in the market, with full coverage costing $2,184 per year and minimum coverage priced at $1,184 annually.

While you can easily find cheap liability-only insurance, researching and exploring different options can help you find the cheapest full coverage insurance policy.

Opting for higher liability limits in your car insurance policy can increase costs. For instance, Virginia drivers pay an average of $1,064 for full coverage with higher liability limits compared to $443 for the minimum required coverage. Choosing a higher deductible with full coverage insurance can lead to long-term savings.

Minimum coverage car insurance in Virginia only provides the lowest liability levels and does not include collision or comprehensive insurance. Note that Virginia requires drivers to have uninsured motorist insurance, which may result in higher costs for minimum coverage policies compared to other states.

Insurance companies may provide policies with higher liability limits, such as 50/100/50 or 100/300/100. Opting for a policy with liability limits of 50/100/50 would provide the following coverage:

• $50,000 in bodily injury liability insurance per person
• $100,000 in bodily injury liability insurance per accident
• $50,000 in property damage liability insurance per accident

A full coverage policy includes liability insurance, as well as comprehensive and collision insurance, providing coverage for damages to your car and yourself. Most insurers offer a maximum liability limit of 300/500/300.

The average cost of car insurance in Virginia can vary significantly based on your age, especially for new drivers. Below are the age-related price differences for full coverage car insurance in Virginia:

• 22–29: $1,190 per year
• 30–59: $942 per year
• 60+: $950 per year

Car insurance premiums are typically higher for drivers in their 20s. However, rates remain relatively stable for drivers aged between 30 and 59 until they reach the age of 60.

Insurance premiums for teenagers are typically higher than for other age groups. For example, in Virginia, a 16-year-old male on a family policy pays an average yearly premium of $3,458, while an individual policy costs $5,904 annually.

As drivers get older, insurance rates tend to decrease. A 19-year-old typically pays $2,361 per year on a family plan in Virginia, while a 22-year-old spends $1,700. Insurance rates can also vary significantly based on gender in Virginia. For example, the average yearly cost for a 16-year-old female on a family policy is $2,931, which is $527 less than the cost for a male teen.

Remember that car insurance premiums vary between providers, and certain insurers may offer more cost-effective rates than others. To find the most affordable car insurance for teenagers in Virginia, we recommend getting quotes from multiple companies and comparing them.

The average cost of car insurance for a new car in Virginia is $1,197 per year, which is 23.6% more expensive than the average rate for an older vehicle at $968 per year. Insurance premiums can be more costly since new cars have a higher actual cash value (ACV) and repair costs.

Insurance companies often consider the ACV of your car when calculating collision and comprehensive claims. A lower ACV will result in lower insurance rates. If you drive a newer car, we recommend getting full coverage insurance. It not only covers liability for injuries to others but also covers damages to your own vehicle.

Drivers with driving violations pay higher premiums than those with clean records. In Virginia, drivers with offenses have to pay the following insurance rates:

• Clean record: $942 per year
• Speeding ticket: $1,308 per year
• Accident: $1,473 per year
• DUI: $1,521 per year

The severity of the violation typically determines the increase in insurance costs. For instance, a DUI conviction would incur a higher insurance cost than a speeding ticket. Drivers with poor records can find affordable car insurance in Virginia by comparing quotes from multiple providers.

Your credit rating significantly affects the average cost of auto insurance in Virginia. On average, drivers with poor credit pay up to around $1,535 per year, while those with excellent credit pay as little as $780. Here's how car insurance costs in Virginia vary based on your credit score:

• Excellent: $780 per year
• Good: $927 per year
• Fair: $1,108 per year
• Below fair: $1,311 per year
• Poor: $1,535 per year

To find the cheapest car insurance in Virginia with poor credit, we recommend comparing rates from different insurers since premiums may vary based on creditworthiness.

Car insurance rates can vary depending on where you live in Virginia. For example, individuals residing in Norfolk are charged the highest rates for full coverage policies at $1,142 per year, whereas those living in Virginia Beach pay the least at $987 annually. Areas with higher traffic and population densities, like Norfolk, typically have more expensive car insurance rates.

Your insurance rates can vary based on personal details and geographic location. Review our answers to some commonly asked questions to better understand the average car insurance costs in Virginia.