Cheapest and Best Car Insurance in Chesapeake, VA (2023)
Compare Rates and Save on Car Insurance
By, Content Director
Factors like your driving record and needs can affect the cost of your car insurance. American Family is the cheapest company for full coverage, minimum coverage, for military families and affordability.
Auto-Owners Insurance Co is the cheapest option after a speeding ticket and at-fault accident, State Farm after a DUI and Nationwide for teens. Cincinnati Insurance is the best option for quality customer service.
Cheapest and Best Car Insurance in Chesapeake
Cheapest Minimum Liability Car Insurance in Chesapeake
The cheapest car insurance companies for a minimum coverage policy in Chesapeake are:
- American Family: $226 per year
- Mercury: $287 per year
Kemper is the most expensive company for a minimum coverage policy, with an average premium of $1,349 per year. As of October 2022, American Family offers the cheapest car insurance in Virginia at $243 per year. The average rate in the state is a little more expensive than the city average, showing that rates can differ between locations.
A minimum coverage policy only includes the state requirements in Virginia. Virginia law requires the following limits for each coverage:
- $25,000 bodily injury liability per person
- $50,000 bodily injury liability per accident
- $20,000 property damage liability per accident
- $25,000 uninsured/underinsured motorist coverage per person
- $50,000 uninsured/underinsured motorist coverage per accident
- $20,000 uninsured/underinsured motorist property damage coverage per accident
Bodily injury liability covers the expenses in case you get into an accident. Your minimum coverage policy can pay for the medical costs, legal fees and lost income of every victim for up to $25,000, but the coverage cannot exceed $50,000. You will have to pay out of pocket for any extra costs.
Cheapest Full Coverage Car Insurance in Chesapeake
The most affordable full coverage car insurance policies in Chesapeake are:
- American Family: $601 per year
- Nationwide: $683 per year
The most expensive company is Kemper, with an average premium of $2,353 per year. As of October 2022, the cheapest full coverage insurance in Virginia is also from American Family. The average rate for the state remains the same, with the average for Chesapeake, which is $601 per year.
Although the rates are the same, rates for different cities vary due to certain factors, including your age, driver profile, coverages and discounts.
A full coverage policy has comprehensive and collision insurance. These additions cover the following:
- Collision Insurance covers the cost of repairs or replacements when you collide with another car or an object in an at-fault accident.
- Comprehensive Insurance also covers repairs or replacements, but you don’t have to be in an at-fault accident.
An older vehicle might not benefit from a full coverage policy since the expensive premiums may not be proportionate to the value of your vehicle.
Cheapest Car Insurance in Chesapeake After a Driving Offense
If you have driving violations, you can find the most affordable car insurance from:
- Speeding ticket: Auto-Owners Insurance Co ($776 per year)
- At-fault accident: Auto-Owners Insurance Co ($699 per year)
- DUI: State Farm ($856 per year)
On average, the most expensive companies after a driver offense are Cincinnati Insurance for DUIs ($2,710 per year), Kemper for at-fault accidents ($3,528 per year) and National General for speeding tickets ($3,276 per year). Driving offenses on your record may cause your car insurance rates to increase, so the cost of your policy tends to be more expensive compared to those with clean driving records.
The cheapest car insurance for those with bad driving records depends on many factors, and one of them is the nature of your violation. The increase in your premium may depend on the severity of your violation.
For example, your premium may increase by $423 per year after a ticket, but it can increase by $682 per year after a DUI. Your rates increase because insurers tend to see drivers with violations as high-risk individuals who are more likely to file claims.
Cheapest Car Insurance in Chesapeake for Teens and Their Families
The cheapest car insurance companies for teens on a family policy are:
- Nationwide: $1,042 per year for girls and $1,159 per year for boys
- Auto-Owners Insurance Co: $2,091 per year for boys
- State Farm: $1,731 per year for girls
The most expensive company is Kemper. The average premiums are $10,547 per year for boys and $8,464 per year for girls. Premiums for girls and boys differ because insurers see boys as more high-risk clients than girls. Nationwide’s premiums for teens vary by around $118 per year, but the gap may close as they become young adults.
Buying an individual policy may not be the best way to get the cheapest car insurance for teens. Individual policies are more expensive than adding them to the family policy. Adding them to the family policy can save you thousands per year.
In Chesapeake, car insurance for a 16-year-old boy costs $2,272 per year more when he gets his own policy vs. being on a family policy.
Cheapest Car Insurance in Chesapeake for Military Drivers
The companies with the cheapest full coverage car insurance for active or veteran military families in Chesapeake are:
- American Family: $601 per year
- USAA: $656 per year
American Family is also the cheapest option for minimum coverage. Its average premium is $226 per year. Mercury offers the second most affordable option at around $287 per year.
USAA is also one of the cheapest military car insurance for minimum coverage, at roughly $319 per year. Its services are specific to military members and their families.
How to Compare Cheap Chesapeake Car Insurance Quotes Online
You can get an online car insurance quote in Chesapeake, Virginia. The process may take at least 15 minutes per insurer, and you might need to fill in a lot of personal information.
MoneyGeek’s car insurance calculator can help you save time and get a rough estimate of the cost of your policy. With just your age, vehicle type, coverage level and driving record, you can get an idea of how much your premiums might be.
Auto Insurance Calculator
See how the Average Annual Auto Insurance Rates vary with the options chosen.
Best Car Insurance in Chesapeake: Summary
The best car insurance for you depends on which factors are the most important to you. The best car insurance companies are:
- Best overall: Cincinnati Insurance (MoneyGeek score of 83 out of 100)
- Best for service: Cincinnati Insurance (MoneyGeek score of 74 out of 100)
- Best cheap: American Family (MoneyGeek score of 83 out of 100)
Company’s scores can change based on the category. The best car insurance in Virginia is also Cincinnati Insurance. For military drivers, USAA is our top recommendation, with a MoneyGeek score of 84 out of 100.
Best Overall Car Insurance in Chesapeake
The best companies for car insurance in Chesapeake are:
- Cincinnati Insurance: MoneyGeek score of 83 out of 100 ($881 per year)
- American Family: MoneyGeek score of 80 out of 100 ($601 per year)
Cincinnati Insurance received excellent scores in satisfaction and affordability. Cost can be a significant factor when looking for insurance, but you also need to have a good customer service experience. Cincinnati Insurance successfully balances quality customer service and reasonable premiums.
For active military members and veterans, the best car insurance company is USAA. It received a MoneyGeek score of 84 out of 100.
Offers excellent customer satisfaction
Can waive your deductibles
Received a low score for claims satisfaction
Doesn’t have accident forgiveness
Cincinnati Insurance offers many coverages, including general deductible waiver and gap insurance. These coverages are only optional additions to your policy. Even though you’ll have to pay a little more for these add-ons, you can save money if you file a claim.
Cincinnati Insurance has general deductible waiver coverage. This allows you to skip paying your deductible in case of a covered loss. The loss can be related to a collision or not.
You can also get gap insurance on your policy. Although it’s an additional expense, it can save you thousands in case of a covered loss. Gap insurance pays for the difference between the value of your car and the remaining balance of your lease or loan. If you have this on your policy, you won’t have to worry about the unsettled accounts on your vehicle.
Best Car Insurance in Chesapeake for Customer Service
After excluding the affordability, we found that the best companies for customer service in Chesapeake are:
- Cincinnati Insurance: MoneyGeek score of 74 out of 100 ($881 per year)
- Erie: MoneyGeek score of 70 out of 100 ($828 per year)
Cincinnati Insurance received the best scores for customer satisfaction and coverage. It’s not one of the most affordable options, but it’s not one of the most expensive ones, either. Its cost can be reasonable for the quality of service you receive.
Ranked highly in customer satisfaction
Offers roadside assistance, rental car and/or travel reimbursement and gap insurance
Has safety restraint benefit and new car replacement coverages
Received a low claims satisfaction score
No accident forgiveness
Cincinnati Insurance provides coverage for your medical expenses and your brand-new car. These can help you recover from major financial troubles in case of emergencies.
The coverage amount included in your policy for medical expenses can be doubled if you have a safety restraint benefit. This coverage only applies to you or your passengers who are injured in an accident if you or they were using the standard seat belt of your vehicle. It can also cover a child in a safety restraint seat.
If your new car has been totaled in a covered loss, you can get a brand-new car or the amount left in your loan. Cincinnati Insurance’s replacement cost plus coverage pays for these costs as long as you add it to your policy. It protects your investment as soon as you drive it off the lot, which is important because cars quickly depreciate in value.
Best Cheap Car Insurance Companies in Chesapeake
Focusing only on affordability and service for minimum coverage policies, the best insurers in Chesapeake are:
- American Family: MoneyGeek score of 83 out of 100 ($226 per year)
- Cincinnati Insurance: MoneyGeek score of 82 out of 100 ($400 per year)
The most affordable minimum coverage policies in Chesapeake may have the lowest rates. With minimum coverage, even though you’re paying less for your insurance, you’re not protected against liability costs and damage to your vehicle. It’s important to assess your needs when looking for car insurance.
An affordable option with an average premium of $226 per year
Discounts for bundling, safe driving and being continuously insured
Has roadside assistance, rental car and/or travel reimbursement, OEM coverage and gap insurance
Good satisfaction score
Received a low score for claims satisfaction
Doesn’t offer the best claims management
American Family received the best score for coverage and affordability. This means it offers all essential coverages, namely roadside assistance, rental car and/or travel reimbursement, OEM coverage and gap insurance. It has all these at the most affordable rates, with an average of $226 per year.
It also has all the common discounts an insurer can offer, including bundling, good student, multiple car and safe driving. You can save money on your premiums by pairing your car insurance with other insurance types or insurance your other cars with this company. American Family also rewards you with a discount when you don’t have accidents, violations or claims for five years.
Other unique discounts apply when you go paperless, pay in full, are a new customer and more. These discounts can come in handy, although they can be quite specific to your personal circumstances and the features of your car.
Average Cost of Car Insurance in Chesapeake
The average cost of car insurance in Chesapeake for a full coverage policy is $915 per year. This average is based on a policy with $100,000 bodily injury liability per person, $300,000 in bodily injury liability per accident and $100,000 in property damage liability per accident.
Car insurance in Chesapeake is $25 cheaper than Virginia’s cost of car insurance and $350 cheaper than the average cost of car insurance in the country. Location is one of the factors that affect rates.
About Mark Fitzpatrick