Virginia’s lowest car insurance rates in 2023

Note from the editor: Perhaps you are looking for car insurance for your first time, or you want to shop for insurance to lower your monthly premium. This article is a good starting point to your research on car insurance. There are many factors that affect the cost of car insurance. While you might not […]

Note from the editor: Perhaps you are looking for car insurance for your first time, or you want to shop for insurance to lower your monthly premium. This article is a good starting point to your research on car insurance. There are many factors that affect the cost of car insurance. While you might not be able to see exact premiums, they will give you an idea about the best rates available in your area.

Did you know that Virginia is part “America’s Favorite Drive”, the 469-mile Blue Ridge Parkway. It’s important to ensure your vehicle is safe while you are enjoying Virginia’s beautiful byways. You don’t have to pay too much for car insurance.

To find out the average cost of car coverage in Virginia and which companies offer the lowest rates for different drivers, we created car insurance estimates. We used a fairly neutral driver profile to calculate our comparisons (see our complete methodology).

Your driving record and other factors that impact car insurance such as your age, vehicle type and mileage can affect your rates.

Continue reading to find out about Virginia’s average auto insurance rates. We also have some recommendations for the best deals.

Car insurance costs in Virginia

The average monthly premium for basic car insurance in Virginia is just below $60 and can go up to the $100s depending on what type of coverage you choose and who your driver profile is.

Monthly average auto insurance premiums in Virginia

Driver and coverage	Avg. Monthly cost
Virginia has a minimum state-minimum auto insurance	$58.73
Virginia drivers with bad credit	$96.65
Virginia Drivers with Multiple Claims	$134.27
Young drivers in Virginia	$100.37

The cheapest car insurance in Virginia

These five companies offer minimum coverage to our Virginia driver profile and are the most affordable car insurance companies in Virginia. This Virginia driver is aged between 36 and 45, drives a car valued at $20,000 to $30,000 and is not subject to any coverage gaps. Rates may vary depending on where you live.

1. ALFA

ALFA offers basic coverage for Virginia drivers at the lowest rates — starting at $34.83 per monthly. ALFA’s coverage options include liability insurance, uninsured/underinsured motorist insurance, medical payments coverage, loss of income coverage and loss of use coverage. ALFA offers roadside assistance which provides 24 hour coverage for emergency services like towing, tire changing, and gas or oil jumps.

2. USAA

For minimum coverage with USAA, rates could be as low as $36.57 per monthly for a Virginia driver profile. USAA auto insurance is available for military personnel and their families. USAA also offers comprehensive, collision, liability and uninsured/underinsured motorist coverage.

See our complete review of USAA auto coverage.

3. Penn National

Penn National could offer basic coverage for Virginia drivers as low as $38.33 per monthly car insurance rates. Penn National offers all standard coverage options and sells insurance through independent agents. Customers could also be eligible for discounts for bundling policies or maintaining high grades.

4. Auto-Owners insurance

For basic coverage, a Virginia driver could get a rate as low at $42.79 per monthly through Auto-Owners Insurance. Independent agents can sell insurance through Auto-Owners. Auto-Owners provides additional coverage options beyond the standard ones, including road trouble service and a guarantee against payment.

5. Geico

Geico might offer minimum coverage for as low as $44.03 per monthly for Virginia drivers. Geico is known for its numerous discounts and top-rated mobile app, which allows drivers to access their ID cards, manage accounts, file claims, and request roadside assistance.

See our complete review of Geico auto coverage.

The cheapest state-minimum auto insurance in Virginia

State-minimum car insurance is the cheapest type of insurance you can buy. This is the minimum coverage required by your state in order to drive your car.

The table below lists five insurance companies that offer state-minimum coverage.

5 best car insurance companies Virginia to provide state-minimum coverage

1	ALFA	$34.83/month
2	USAA	$36.57/month
3	Penn National	$38.33/month
4	Auto-Owners Insurance	$42.79/month
5	Geico	$44.03/month

Best car insurance for people with good credit in Virginia

Are you a 700 credit score? Nice work! If you have a better credit score, your premiums may be lower.

These five companies offer Virginia drivers with good credit the lowest minimum-coverage rates.

5 Best Car Insurance Companies in Virginia For those with good credit

1	USAA	$30.18/month
2	ALFA	$33.92/month
3	Penn National	$34.06/month
4	National Grange Mutual	$36.72/month
5	Auto-Owners Insurance	$36.78/month

Lowest Car Insurance for Poor Credit in Virginia

How much you pay for auto insurance can be affected by your credit score. Car insurance is generally more expensive for drivers with poor credit than those with good credit.

These five companies offer the lowest rates on minimal coverage for Virginia drivers who have bad credit.

5 Best Car Insurance Companies in Virginia For People with Poor Credit

1	Geico	$55.82/month
2	Nationwide	$60.44/month
3	Mercury	$64.21/month
4	Virginia Farm Bureau	$65.85/month
5	Auto-Owners Insurance	$67.39/month

Cheapest car Insurance for Drivers with Multiple Claims in Virginia

If you have had multiple accidents or claims in the past, your car insurance may be more expensive. The coverage you pay will be lower the more clean your driving record and claims history.

These insurance companies offer basic coverage in Virginia for drivers with multiple claims at the lowest premiums.

5 best car insurance companies Virginia to cover multiple claims

1	National Grange Mutual	$50.71/month
2	Penn National	$64.50/month
3	ALFA	$81.04/month
4	Geico	$84.04/month
5	State Farm	$87.71/month

Cheapest car Insurance for Young Drivers in Virginia

Insurers will raise rates for young drivers who are considered more risky to insure. Young drivers can still get basic-coverage car insurance in Virginia for $60 per month.

These are the five lowest-priced insurance companies that offer minimum coverage for drivers aged 18-21 in Virginia.

5 best car insurance companies Virginia to young drivers

1	ALFA	$58.63/month
2	Penn National	$64.00/month
3	Auto-Owners Insurance	$65.54/month
4	Geico	$65.89/month
5	Encompass	$66.92/month

Virginia Auto insurance requirements

Virginia requires coverage for bodily injury liability coverage of at least $30,000 per person, $60,000 per accident, for policies that are effective January 1, 2022 and December 31, 2024. You also need $20,000 coverage for property damage. These minimums are increasing, however. They are $50,000, $100,000, and $25,000.

Your coverage obligations will be greater if you have a car lease or loan.

Is there usage-based insurance in Virginia ?

Usage-based insurance, also known as vehicle insurance, allows customers to pay premiums according to their driving skills. To help safe drivers save money, Virginia insurers might offer UBI programs (sometimes called telematics).

FAQs regarding the lowest car insurance rates in Virginia

Methodology

Based on a profile of a driver aged 36-45 living in Virginia, the rates for minimum coverage are shown below. The rates shown assume that there is only one driver on the policy, with no driving tickets and no coverage lapses. This estimate assumes that the vehicle is worth between $20,000 to $30,000 with an annual mileage of 12,000-15,000 and is in good condition. Rates for insurance for good credit are based on scores of 720 and higher. Rates for insurance for people with poor credit range from 350 to 579. The estimated rates for young drivers are those aged 18-21. Rates for multiple claims are based on two claims.

Quadrant Information Services provides rates every six months. Quadrant Information Services does not include all insurance companies in the rate data. These rates are estimates and should not be used as a comparison. Rates can vary depending on many factors such as your age, driving habits, and past.

The average monthly premium for full-coverage car insurance covers bodily injury, property damages, personal injury protection, collision, and comprehensive coverages. The average monthly premium for minimum state-required car insurance includes Virginia’s 30/60/20insurance policy.