Virginia Car Insurance
Here you ll learn everything you need to know to buy sufficient car insurance in Virginia at an affordable price.
Virginia cities surrounding Washington, D.C., pay much higher car insurance rates than the rest of the state. You can see how all Virginia ZIP codes compare by clicking around the map below. No matter what neighborhood you live in, though, you’ll find that different car insurance companies will charge the same driver very different state car insurance rates. That’s why it’s wise to compare rates to be sure you’re not overpaying. For example, in Alexandria ZIP code 22312, the highest rate is among major carriers surveyed was $1,443. That s $614 more than the lowest ($829). You can save, on average, $450 in Virginia by comparing rates, according to CarInsurance.com s average car insurance savings rate by state analysis.
The average car insurance rate for Virginia is $972, according to a CarInsurance.com rate analysis.
To get a customized rate for your neighborhood, enter your ZIP, age and coverage level in the tool below. You’ll also see how much you can save by noting the difference between the highest and lowest rate fielded from major insurers.
Cheap car insurance in Virginia
Virginia car insurance requirements
To drive legally, Virginia mandates every motorist have at least $25,000 in bodily injury liability coverage ($50,000 per accident) and $20,000 to pay for property damage. Virginia also requires drivers to buy uninsured and underinsured motorist coverage, both for bodily injury and property damage.
Additional coverage is typically affordable, and, naturally offers more protection. Increasing coverage from the state minimum to higher liability limits costs $37 a year or $3 a month. Hiking your policy to full coverage with a $500 deductible costs, on average, $600 more, or $50 a month.
Liability Only state minimum
Liability Only – 50/100/50 BI/PD
Full Coverage – 100/300/100 BI/PD
$500 Comp/Collision deductible
*The table shows the average annual rate of nearly every ZIP code in Virginia from up to six major insurance companies. Rates are for a male driver, age 40, with a clean record and good credit for a 2016 Honda Accord. Data was provided for CarInsurance.com by Quadrant Information Services.
Recommended car insurance coverage
When deciding how much car insurance to buy, you need to assess your particular situation. To drive legally, you must buy at least the minimum liability insurance required by your state. If you didn t borrow money from a lender to buy your car and you don t have a lot of money or assets to protect, that might be a wise choice. If, however, you don t own your car outright, you will be required to get comprehensive and collision coverage. Additionally, if you have a home and savings to protect, it s wise to buy more coverage.
The more money and assets you have, the more likely it is that you may be sued following a car accident. Unless you are determined to pay the lowest car insurance rate possible, we recommend you buy higher than minimum liability coverage. If your net worth is:
- less than $50,000, choose at least 50/100/50
- between $50,000 and $100,000, choose at least 100/300/100
- more than $100,000, choose at least 250/500/100
If you’re leasing or financing your car, you automatically need coverage of 100/300/100 or higher.
Collision and comprehensive
Collision coverage pays for damage to your car after an accident that you cause. Comprehensive insurance pays to replace stolen cars and for damages from vandalism, flooding, hail, fire and animal strikes. If your car is:
- less than 10 years old, you should strongly consider buying collision and comprehensive.
- more than 10 years old, only buy collision and comprehensive if your car is worth $3,000 or more, if you couldn t afford to replace your car if it s wrecked, or if you just want more protection on your policy.
If you buy comp and collision, check our guide to choosing a deductible amount.
Uninsured motorist coverage and underinsured motorist coverage pays for damages if you re hit by a driver with no insurance or a driver with coverage that s insufficient to pay for your repairs and medical expenses. In Virginia, these are required by state laws. These should match the liability limits you choose.
Medical payments coverage can help pay for the medical or funeral expenses of covered drivers and passengers after an accident, regardless of fault, up to $25,000. In most states it’s an optional addition to your car insurance policy. MedPay does the following:
- Covers you and your passengers medical expenses
- Pays for expenses after health insurance limits are exceeded
- Offers additional protection to insured drivers who are hit by a car while walking or biking
If you and your passengers:
- Don t have health insurance, or have a plan that doesn t cover car accidents or has low limits, we recommend that you add medical coverage of at least $5,000 to your car insurance policy.
- Do have health insurance, it s still a good idea to have medical coverage if you want the best protection in your policy, as it can pay out after your health benefits are maxed out.
If you got a loan to pay for your car and have an accident, gap insurance pays the difference between the cash value of your car and the current outstanding balance on your loan or lease.
- If you re financing your car, your car is less than one year old and you ve put less than 20 percent down on it, you should buy gap insurance. If not, you don t need gap insurance.
- If you re leasing your car, it s a good idea to buy gap insurance if you don’t already have the coverage in your lease agreement.
- If you own your car outright, you don t need gap insurance.
Virginia car insurance rates by company
Below you’ll see average annual rates for Virginia, ranked cheapest to most expensive, for three coverage levels:
- State minimum liability requirements
- Liability limits of $50,000 per person/$100,000 per accident and $50,000 property damage
- Liability of $100,000 per person/$300,000 per accident and $100,000 property damage, with comprehensive and collision at $500 deductible