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Cheapest Car Insurance Companies and Quotes in Virginia

Your goal of finding the cheapest car insurance in Virginia depends on multiple factors. MoneyGeek used comprehensive and collision coverage rates for the average driver to rank the state’s most affordable auto insurance companies. It’s wise to compare quotes and average annual prices to get an idea of the yearly premium you’ll need to pay.

Average Comprehensive and Collision Rates in Virginia

You should ideally shop around to find the best quotes as car insurance providers offer different rates. Some carriers present larger discounts for having a clean driving record or students with good grades, while some charge higher premiums than others for drivers with violations on their record.

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Cheapest Liability Car Insurance in Virginia

Liability-only car insurance covers you for damages and medical expenses for the other involved driver if you are responsible for a car accident. It does not cover your own medical expenses and damage repair costs. You can opt for comprehensive and collision coverage if you are still making payments on your car. A minimum-liability requirement is in place in most states. Insurance companies offer additional coverage for added protection. For both the state minimum of 25/50/20 and a higher 50/100/50 coverage level in Virginia, Progressive is the cheapest option for most drivers.

Average Cost for Liability Coverage

The Best Car Insurance Companies in Virginia for 2021

MoneyGeek calculated overall auto insurance company scores out of 100 by giving equal weight to industry reports like J.D. Power’s claims and customer satisfaction analysis, AM Best’s financial strength rating and unique pricing data. You can use MoneyGeek’s rankings and comparative company scores to find the best car insurance provider in Virginia for your needs.

Expand All Rankings +

1

USAAScore: 100
+

5/5

User Satisfaction

5/5

Claims Ratings

5/5

Affordability

A++

Financial Stability

2

New Jersey ManufacturersScore: 97.5
+

5/5

User Satisfaction

5/5

Claims Ratings

5/5

Affordability

A+

Financial Stability

3

GEICOScore: 92.5
+

4/5

User Satisfaction

3/5

Claims Ratings

5/5

Affordability

A++

Financial Stability

4

HartfordScore: 87.5
+

4/5

User Satisfaction

3/5

Claims Ratings

4/5

Affordability

A+

Financial Stability

5

State FarmScore: 85
+

3/5

User Satisfaction

3/5

Claims Ratings

3/5

Affordability

A++

Financial Stability

6

TravelersScore: 85
+

2/5

User Satisfaction

5/5

Claims Ratings

2/5

Affordability

A++

Financial Stability

7

ProgressiveScore: 80
+

2/5

User Satisfaction

3/5

Claims Ratings

3/5

Affordability

A+

Financial Stability

8

NationwideScore: 77.5
+

2/5

User Satisfaction

3/5

Claims Ratings

2/5

Affordability

A+

Financial Stability

9

FarmersScore: 75
+

2/5

User Satisfaction

2/5

Claims Ratings

3/5

Affordability

A

Financial Stability

10

CSAAScore: 75
+

2/5

User Satisfaction

2/5

Claims Ratings

3/5

Affordability

A

Financial Stability

While USAA scores highly in many areas, this provider is only available to military members, veterans and their families.

Market Share by Company

The National Association of Insurance Commissioners (NAIC) reported that the CEICO Group holds 19.01% of the market share, making it the largest car insurance company in the state of Virginia. The following table showcases the four largest companies in the state.

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What Is the Average Cost of Car Insurance in Virginia?

MoneyGeek determined the average costs for 100/300/100 comprehensive and collision insurance for a 40-year-old male driver of a Toyota Camry with a clean driving record. Your annual vehicle insurance premium may be higher or lower than these Virginia averages depending on your age, driving record, location and coverage level.

  • Average Driver: $790
  • DUI: $1,414
  • Speeding Ticket: $977
  • Poor Credit Score: $1,296
  • Seniors: $852
  • Students: $2,072

Cheapest Car Insurance for Drivers With a DUI in Virginia

Driving under the influence is one of the leading causes of fatal accidents in the country. In Virginia, 2,278 people were killed in alcohol-related car accidents between 2009 and 2018. 1.6% of Virginia drivers report driving after drinking too much in the past 30 days. Being cited with a DUI will likely result in jail time, fines, a license suspension and a spike in your insurance rates. In the state of Virginia, DUI offenders can face a minimum of five days in jail, a minimum of $250 in fines and a one-year license suspension. The following table showcases what drivers in Virginia who get a DUI can expect to pay in auto insurance.

Average Car Insurance Rates With a DUI

It’s not uncommon for insurance rates to double overnight after a DUI. The minimum estimated cost for a DUI is estimated at $45,435. Finding cheap car insurance with a DUI in Virginia will require requesting quotes from multiple insurance providers who will look at your offense in addition to other regularly considered factors (age, gender, etc.) to give you the best rate possible.

Cheapest Car Insurance With Tickets in Virginia

Distracted driving can raise your car insurance rates. It might feel like distracted driving or speeding shouldn’t result in a citation or an increase in insurance rates, but they are intended to discourage distracted driving and to keep people safe. According to Insurance.com, a texting ticket can cause your insurance rates to increase by 26% on average. The following chart features the rates that drivers in Virginia can expect to pay for auto insurance after receiving a distracted driving or speeding ticket.

Average Car Insurance Rates With a Ticket

If you do receive a speeding or distracted driving ticket, don’t panic. The amount your rate increases will depend on your insurance provider and your previous driving history, but you will likely see a change in your fees for months or years. To find cheap car insurance after getting a ticket in Virginia, speak with multiple top-rated auto insurance companies in Virginia to request a free car insurance quote before choosing your plan.

Cheapest Car Insurance Companies in Virginia for Drivers With Bad Credit

According to Experian, the average credit score in Virginia in 2019 was 709 — meaning most drivers score “good” on the FICO credit score scale. However, poor credit can negatively impact a variety of items, including your car insurance rates. Some companies look at your credit score to determine your financial responsibility and reliability, which is why having a lower score might lead to higher insurance rates. The following are auto insurance estimates for individuals with poor credit in Virginia.

Average Car Insurance Rates for Drivers With Bad Credit

Insurance providers will take your credit score into consideration, so rates can vary from driver to driver. If you do have bad credit and are searching for cheap car insurance quotes, it’s important to recognize the root of your credit issues so you can raise your credit score.

Cheapest Car Insurance Companies in Virginia for Seniors

Senior drivers face a unique set of driving challenges that come with age, such as vision and hearing loss, slower reflexes and shorter attention spans. Therefore, the state of Virginia has implemented a series of procedures and rules for mature drivers to ensure the safety of everyone on the road. Drivers over the age of 75 must renew their license in person at the DMV every five years.

The following table shows what senior drivers in Virginia may pay for auto insurance.

Average Car Insurance Rates for Seniors

Due to the increased risks older drivers face behind the wheel (16.5% of fatal car crashes in 2017 involved a driver over 65), insurance companies are often likely to increase their rates. However, senior drivers tend to have a lot of experience behind the wheel and often take more precautions— they’re more likely to wear a seatbelt while driving and avoid texting and talking on the phone. If you’re looking for affordable car insurance in Virginia as a senior, a good driving record can help keep your rates down.

Cheapest Car Insurance for Students in Virginia

Virginia has put laws and regulations in place to keep young drivers safe. Still, auto insurance for teen drivers is almost always greater than for older drivers. To control these costs, the Virginia DMV suggests asking the insurance company for a higher deductible on any damages.

For college students enrolling in a school outside of Virginia, let the insurance company know if a vehicle will be used in the student's state for more than 30 days per year, or consider scaling back the student's coverage to "occasional driver" if your child won't be using a car often.

The table below demonstrates approximate rates for young drivers. Unfortunately, teen drivers lack maturity and experience behind the wheel and therefore are the >most expensive demographic to insure. Compare car insurance quotes and don’t forget to ask the insurance company about discounts for good grades and safe driving. Letting your teen use a large-frame family sedan with advanced crash protection and safety features may also lower your premium.

Average Car Insurance Rates for Students

Insurance Rate Information for Military Drivers and Veterans

The major insurance carriers in Virginia offer reduced rates for the state's active-duty military personnel and veterans. Geico maintains a special military center to serve the numerous bases in Virginia. In addition, there are also specialty insurance carriers who work just with military families on their coverage needs. Get at least three price quotes in writing to make a good comparison of prevailing rates.

The state DMV guide for military personnel covers insurance, licensing and registration requirements for enlisted men and women. While stationed in Virginia, if you purchase a vehicle, you can register that vehicle in your home state or in Virginia. Vehicles titled and registered in your name can be driven with a valid out-of-state license plate, but only if you are the sole owner. Co-owners must also be on active duty; otherwise, the vehicle must be registered in Virginia.

If you're from Virginia but stationed outside the state, most of the business you would normally need to conduct with the DMV can be done online.

Insurers operating in Virginia that give discounts to military personnel and veterans include GEICO and USAA. With GEICO specifically, you may see discounts of up to 15%. The following table reflects estimates of what active-duty and veteran military personnel can expect to pay in Virginia for auto insurance.

Average Rates for Virginia service members

male
25 years$1,230
50 years$959
female
25 years$1,187
50 years$945

Car Insurance in Virginia: What You Need to Know

In Virginia, car owners are financially responsible for their vehicles, whether they're actively driven or parked by the curb. The state doesn't require insurance for vehicles stored on private property, but only if you don’t register them for road use. For example, if you’re restoring a classic Mustang in the garage, you don’t need to insure it until you’re ready to register and drive it.

Proof of Insurance in Virginia

Virginia drivers need to carry proof of insurance while driving. Although insurance carriers still recommend keeping a card in the glovebox, the Virginia code allows drivers to store their insurance information on a smartphone. The insurance card should have:

  • Your name
  • The policy number
  • A telephone number to call for help in filing claims

You must provide proof of insurance after an accident or if a law enforcement officer requests it.

Minimum Liability Insurance Requirements in Virginia

Virginia requires liability insurance coverage of at least:

  • $25,000 for injuries per person
  • $50,000 for injuries per accident
  • $20,000 for property damage

Virginia cracks down on uninsured motorists with an online verification system that detects vehicle owners who don't comply with state law.

Alternatives to Insurance in Virginia

If you own business vehicles, you may be able to self-insure them or purchase a surety bond in lieu of insurance.

If you don't have auto insurance, you can still register your vehicle in Virginia and buy license plates by paying a mandatory $500 uninsured motorist fee each year. Paying this fee does not provide any auto insurance coverage. If you're an uninsured driver in Virginia, remember that you are personally liable for any accident you cause.

How Much Coverage Do You Need in Virginia?

Nearly everyone wants cheap car insurance, but the required minimum isn't always enough to protect you.

If you can afford extra coverage, industry experts recommend a policy that pays $100,000 per injured person and $300,000 for all people injured in an accident. Consumer advocates also recommend uninsured motorist insurance, which covers your expenses if a driver hits you without car insurance.

If you have a new car loan, you'll likely also have to buy collision and comprehensive insurance. Are you having trouble getting insurance because of a poor driving record or other reasons? Virginia has an assigned risk car insurance program that will help you get coverage, although it will likely cost much more than regular insurance.

Car insurance companies use your location to calculate your rate.
Explore average rates for your city.

Expert Advice on Finding Cheap Car Insurance in Virginia

To help you find trustworthy and accurate details on car insurance in Virginia, MoneyGeek received expert advice from proven professionals. The perspectives and sentiments shared are those of the individual contributor.

  1. What are the key factors drivers in Virginia should look for when searching for the best auto insurance coverage?

    Look at more than price but be sure to compare paying the premium monthly vs. quarterly or semi-annually. Also, look at differences based on the deductible. The higher the deductible, the lower the premium, but make sure the deductible is something you can afford – we once had two of our vehicles hit in the same hit and run accident and had to pay deductibles for both!

    Look at what is covered. Also, consider your overall finances, driving record, need to add young drivers, and other things that may be unique to your situation. Consider dropping comprehensive coverage when a vehicle gets high mileage/high years.

  2. What steps can drivers in Virginia take to find affordable car insurance?

    Most important is comparison shopping. Be sure you are comparing apples with apples and not apples with oranges.

    Set up criteria for what you need for insurance and comparison shop.

    Look to Cooperative Extension or another research-based, non-industry source to learn more about insurance!


Irene Leech
Irene LeechAssistant Professor of Consumer Studies at Virginia Tech

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About the Author


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Nicole Duxbury is a writer for MoneyGeek and a marketing and communications professional based in Reno, Nevada. She has more than five years of professional marketing and communications experience working with clients in finance, travel, food and beverage, CPG, non-profit, higher education and politics. Her work has an emphasis on content writing, social media management, content and digital marketing.


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