The annual average cost of auto insurance in Norfolk is $816, $26 higher than the average premium in Virginia. The cheapest company in the city is Progressive, with an average rate of $525. MoneyGeek analyzed the most affordable options across various coverage levels and driving profiles. MoneyGeek also ranked the best companies in Norfolk based on affordability and quality of service.
bestauto insuranceNorfolk2021The Cheapest and Best Car Insurance in Norfolk
Cheapest Overall - Progressive
Best Overall - GEICO
Cheapest State Minimum - Progressive
Cheapest With a Driving Violation - Progressive
The Cheapest Car Insurance Companies in Norfolk
Based on average rates for a full coverage policy, the cheapest options in Norfolk are:
- Progressive: $525 per year
- Erie: $668 per year
MoneyGeek collected average rates for a 40-year-old male driver with a full coverage policy, including liability insurance and comprehensive and collision insurance.
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- CompanyAmountper year
- 1.$525
- 2.$668
- 3.$702
- 4.$732
- 5.$739
Average Cost of Car Insurance in Norfolk
Norfolk$816
Virginia$790
U.S.$1,424
On average, the annual cost of car insurance in Norfolk is $816 per year, which is higher than the standard auto coverage rate in the state of Virginia but still lower than the national average cost. Policyholders who live in Norfolk pay about 3.3% more than the usual cost of auto coverage in Virginia, but they pay around 42.7% less than the $1,424 average annual premium in the United States.
The Best Car Insurance Companies in Norfolk
MoneyGeek ranked the best auto insurers in Norfolk for those who value both affordability and high-quality service. The highest-scoring car insurance companies in the city for most drivers are:
- GEICO: MoneyGeek score of 93 out of 100
- Hartford: MoneyGeek score of 88 out of 100
USAA received the highest score in Norfolk by MoneyGeek's rating system. However, because USAA is only available to military members, veterans and their families, it is not listed as best overall.
MoneyGeek’s scoring system includes J.D. Power’s user satisfaction, affordability and financial stability ratings.
1
USAA
Score:100
2
GEICO
Score:93
3
Hartford
Score:88
4
State Farm
Score:85
5
Travelers
Score:85
6
Progressive
Score:80
7
Nationwide
Score:78
8
Farmers
Score:75
9
CSAA
Score:75
10
Allstate
Score:75
11
Plymouth Rock Assurance
Score:73
12
Liberty Mutual
Score:73
Personalized Quotes to Get You the Cheapest Car Insurance in Norfolk
If you and your friend compared car insurance quotes, you may notice that the annual premiums offered to you are different. This is because auto insurance providers compute your rates depending on several individual factors, such as age, driving record, car make and model and coverage level, in addition to your location.
For example, in Norfolk, an 18-year-old driver getting auto coverage from Progressive will pay an average premium of $3,244 per year, which is six times more expensive than similar coverage for a 40-year-old driver.
Because promotions and discount offers vary by provider, you need to regularly get a personalized quote from several car insurance companies in Norfolk to check if you qualify for offers that can help save you money in the long run.
Shopping around for car insurance in Norfolk could save you $291, which is enough to buy:
97Cups of Coffee
22Months of Your Favorite Streaming Service
Cheapest Car Insurance in Norfolk by Coverage Amount
Auto insurers in Norfolk and elsewhere calculate the cost of insurance based on several determining factors. One of the biggest factors is the amount of coverage you buy. For instance, a policy only meeting state minimums costs an average of $443 per year. Meanwhile, a full coverage policy costs $816 on average. That is a difference of $373.
Virginia Minimum Liability Requirements
- ItemDescription
- Bodily Injury and Property Damage$25,000 per person, $50,000 per accident and $20,000 for property damage. A more protective level is 100/300/100.
- Uninsured Motorist$25,000 per person, $50,000 per incident and $20,000 for property damage. The minimum coverage may not be enough if you're in a serious accident.
The limit of your car insurance coverage is represented by three numbers, such as 50/100/50. In Norfolk, for example, GEICO offers both 50/100/50 liability-only and 50/100/50 full-coverage plans.
A 50/100/50 liability-only plan means that the maximum amount your auto coverage will cover for an injury to one individual is $50,000, up to $100,000 for each vehicle, with a maximum payout of $50,000 for property damage repair. GEICO offers this plan for an average of $397 annually, and it only covers the costs of the other driver.
The 50/100/50 full-coverage plan, which also pays for your own expenses in case of an accident, costs about $261 more than a 50/100/50 liability-only policy from GEICO.
Different car insurance companies in Norfolk have various premium differences between the two coverage levels, so it’s best that you acquire a personalized quote from several providers in the city to find a plan that best suits your individual needs.
Average Car Insurance Premiums: Liability-Only vs. Full Coverage
Liability Only
- CompanyState Minimumper year50 / 100 / 50per year
- 1.$336$359
- 2.$348$386
- 3.$356$397
- 4.$366$418
- 5.$413$478
Full Coverage
- Company50 / 100 / 50per year100 / 300 / 100per year
- 1.$477$525
- 2.$617$668
- 3.$658$702
- 4.$684$732
- 5.$702$780
Cheapest Car Insurance in Norfolk if You Have Driving Violations
Getting a cheap car insurance rate in Norfolk is possible if you have a clean driving record. For example, drivers living in Norfolk with a speeding ticket will pay around $268 more in annual car insurance premiums for a MetLife policy than drivers with a clean driving record.
Getting a DUI is also taken into consideration. MetLife policyholders in Norfolk with a DUI in their record will pay almost three times more than the most affordable rate given to drivers with a clean driving record.
- CompanySpeeding Ticketper yearAt-Fault Accidentper yearDUIper year
- 1.$700$908$735
- 2.$697$877$1,053
- 3.$854$928$854
- 4.$911$1,064$1,252
- 5.$888$1,075$1,346
Average Cost of Car Insurance by Postal Code
How much you pay for your auto coverage varies depending on your residential neighborhood. However, this isn’t really the case in Norfolk, as costs in this city barely vary at all by neighborhood. For example, drivers who live in the most expensive ZIP code for auto coverage, 23503, will pay about $16 more for their car insurance in Norfolk than drivers who live in ZIP code 23518.
- Zip CodeState Minimumper year
- 23518$808
- 23513$818
- 23503$823
Insurance Providers That Serve Norfolk
Factors That Impact Insurance Costs in Norfolk
In addition to individual driver needs and history, location-specific factors like the percentage of uninsured motorists and the rate of car thefts also contribute to car insurance rates in Norfolk. How Norfolk ranks compared to the 300 most populous cities in the United States can have a significant impact on premium costs.
Methodology and Assumptions
MoneyGeek’s average premium rates for Norfolk are based on 100/300/100 comprehensive collision coverage with a $1,000 deductible for a 40-year-old male driver. The average driver profiled drives a 2010 Toyota Camry LE and has no tickets or accidents on their record. Additional premiums are added based on coverage type, location and driving record. Learn more about MoneyGeek’s data and methodology here.
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