Nationwide offers the cheapest auto insurance at $779 per year or $65 monthly, on average, which is below the average Virginia car insurance rate of $1,227 a year.
Cheap isn’t everything, and an Insurance.com analysis of rates, complaints, and financial stability found Nationwide to be the best insurance company in Virginia.
Many factors go into your insurance premium. Insurance companies use your driving record, the type of car you drive, and the coverage you select to determine your average annual car insurance cost.
Read on to compare Virginia insurance rates by company, age, and more.
Key takeaways
- Geico is the best car insurance company in Virginia overall, with below-average rates and a low complaint ratio.
- Nationwide is the cheapest car insurance company in Virginia at $779 per year.
- USAA has cheaper rates if you’re eligible as a miltiary family.
Average cost of car insurance in Virginia
The average car insurance rate in Virginia is $1,227 a year for a full coverage policy with a coverage level of 100/300/100 for a driver age 40, according to a rate analysis by Insurance.com. For the state minimum coverage, the average annual cost in Virginia is $444.
Best car insurance companies in Virginia
Geico is the best car insurance company in Virginia that’s open to all residents, based on a 2023 analysis by Insurance.com, with an overall rating of 4.87.
USAA beat Geico slightly in the ratings, but is only available to military members and their families.
Below is a full list of the top Virginia insurance companies based on price, NAIC complaint ratio, and AM Best financial ratings. The total Insurance.com score is calculated out of five using these factors.
| Insurance company | AM Best | Average annual rate | NAIC Complaint ratio | Insurance.com score |
|---|---|---|---|---|
| USAA* | A++ | $ 831 | 0.99 | 4.87 |
| Geico | A++ | $ 1,071 | 0.77 | 4.74 |
| Travelers | A++ | $ 1,050 | 1.03 | 4.7 |
| Nationwide | A+ | $ 779 | 0.66 | 4.67 |
| Auto-Owners | A++ | $ 1,285 | 0.64 | 4.61 |
| Progressive | A+ | $ 1,001 | 0.73 | 4.5 |
| State Farm | A++ | $ 1,072 | 0.52 | 4.49 |
| Erie Insurance | A+ | $ 1,000 | 0.95 | 4.45 |
| American Family | A | $ 922 | 0.57 | 4.29 |
| Mercury Insurance | A | $ 1,297 | 0.67 | 3.99 |
| Allstate | A+ | $ 1,722 | 0.95 | 3.92 |
USAA offers car insurance only to military members, veterans and their families.
Cheapest car insurance companies in Virginia
Don't just go with the first insurer you come across. Comparison shopping is the key when it comes to finding the best deal on auto insurance. Get quotes from several different insurers and compare their rates. You may be surprised at how much difference there can be in rates from one company to another.
We have gathered price quotes from all the major insurance providers in Virginia and put together a list of the cheapest car insurance companies. Based on a rate analysis by Insurance.com, Nationwide is the cheapest auto insurance company in Virginia, with average rates of $779 annually or $65 a month for full coverage. USAA is cheaper if you’re eligible.
| Company | State minimum | 50/100/50 liability only | 100/300/100 liability with $500 comp/coll deductible |
|---|---|---|---|
| Nationwide | $ 397 | $ 406 | $ 779 |
| USAA | $ 255 | $ 291 | $ 831 |
| American Family | $ 938 | $ 482 | $ 922 |
| Erie Insurance | $ 309 | $ 346 | $ 1,000 |
| Progressive | $ 435 | $ 459 | $ 1,001 |
| Travelers | $ 386 | $ 426 | $ 1,050 |
| Geico | $ 283 | $ 332 | $ 1,071 |
| State Farm | $ 306 | $ 360 | $ 1,072 |
| Auto-Owners | $ 367 | $ 424 | $ 1,285 |
| Mercury Insurance | $ 415 | $ 466 | $ 1,297 |
| Allstate | $ 359 | $ 408 | $ 1,722 |
| Kemper Insurance | $ 876 | $ 1,083 | $ 2,699 |
USAA offers car insurance only to military members, veterans and their families.
Cheapest car insurance cost in Virginia by age
In Virginia, car insurance rates are higher for teenagers due to their lack of driving experience.
Erie Insurance offers the cheapest car insurance for teen drivers in Virginia at $2,599 per year for a full coverage policy.
Car insurance rates will decrease as teens age and keep a good driving record. Car insurance rates for adults 25+ and seniors 60+ are lower than those for teens and young adults.
In Virginia, Nationwide offers the cheapest full coverage car insurance for adult and senior drivers at $783 per year and $749 per year, respectively.
| Age (group) | Company Group | Avg. Annual Premium |
|---|---|---|
| Teens (16-19) | Erie Insurance | $ 2,599 |
| Teens (16-19) | Nationwide | $ 2,816 |
| Teens (16-19) | USAA | $ 2,819 |
| Teens (16-19) | American Family | $ 2,903 |
| Teens (16-19) | Geico | $ 3,055 |
| Teens (16-19) | State Farm | $ 3,108 |
| Teens (16-19) | Travelers | $ 3,264 |
| Teens (16-19) | Auto-Owners | $ 3,775 |
| Teens (16-19) | Allstate | $ 4,443 |
| Teens (16-19) | Progressive | $ 5,360 |
| Teens (16-19) | Mercury Insurance | $ 6,502 |
| Teens (16-19) | Kemper Insurance | $ 8,274 |
| Young Adults (20-24) | USAA | $ 1,327 |
| Young Adults (20-24) | Nationwide | $ 1,330 |
| Young Adults (20-24) | Geico | $ 1,566 |
| Young Adults (20-24) | American Family | $ 1,604 |
| Young Adults (20-24) | Travelers | $ 1,621 |
| Young Adults (20-24) | Erie Insurance | $ 1,728 |
| Young Adults (20-24) | State Farm | $ 1,790 |
| Young Adults (20-24) | Progressive | $ 1,828 |
| Young Adults (20-24) | Auto-Owners | $ 2,292 |
| Young Adults (20-24) | Allstate | $ 2,511 |
| Young Adults (20-24) | Mercury Insurance | $ 2,682 |
| Young Adults (20-24) | Kemper Insurance | $ 4,335 |
| Adults (25-55) | Nationwide | $ 783 |
| Adults (25-55) | USAA | $ 848 |
| Adults (25-55) | American Family | $ 967 |
| Adults (25-55) | Progressive | $ 1,041 |
| Adults (25-55) | Erie Insurance | $ 1,042 |
| Adults (25-55) | Travelers | $ 1,067 |
| Adults (25-55) | State Farm | $ 1,092 |
| Adults (25-55) | Geico | $ 1,137 |
| Adults (25-55) | Auto-Owners | $ 1,345 |
| Adults (25-55) | Mercury Insurance | $ 1,415 |
| Adults (25-55) | Allstate | $ 1,687 |
| Adults (25-55) | Kemper Insurance | $ 2,563 |
| Seniors (60-75) | Nationwide | $ 749 |
| Seniors (60-75) | USAA | $ 832 |
| Seniors (60-75) | American Family | $ 1,011 |
| Seniors (60-75) | Travelers | $ 1,017 |
| Seniors (60-75) | State Farm | $ 1,020 |
| Seniors (60-75) | Progressive | $ 1,041 |
| Seniors (60-75) | Erie Insurance | $ 1,042 |
| Seniors (60-75) | Geico | $ 1,069 |
| Seniors (60-75) | Auto-Owners | $ 1,361 |
| Seniors (60-75) | Mercury Insurance | $ 1,401 |
| Seniors (60-75) | Allstate | $ 1,712 |
| Seniors (60-75) | Kemper Insurance | $ 2,318 |
USAA offers car insurance only to military members, veterans and their families.
Cheapest car insurance companies in Virginia by driver profile
Drivers who have accidents or tickets are considered a higher risk and will pay more for insurance.
However, the severity and frequency of the incidents also affect insurance rates. For instance, drivers with a single minor accident will see rate increases lower than those with multiple major accidents.
Below are average Virginia rates by company for drivers with accidents and tickets on their driving record.
| Company | Clean record | Accident | Ticket |
|---|---|---|---|
| Nationwide | $ 812 | $ 1,245 | $ 1,139 |
| USAA | $ 836 | $ 1,254 | $ 1,035 |
| American Family | $ 921 | $ 1,081 | $ 1,429 |
| Progressive | $ 921 | $ 1,486 | $ 1,136 |
| Geico | $ 955 | $ 1,655 | $ 1,396 |
| Erie | $ 1,026 | $ 1,377 | $ 1,166 |
| State Farm | $ 1,041 | $ 1,229 | $ 1,135 |
| Travelers | $ 1,048 | $ 1,547 | $ 1,505 |
| Mercury | $ 1,342 | $ 2,488 | $ 1,895 |
| Auto-Owners | $ 1,427 | $ 1,427 | $ 1,502 |
| Allstate | $ 1,798 | $ 3,217 | $ 2,337 |
| Kemper | $ 2,630 | $ 4,176 | $ 3,345 |
*USAA offers car insurance only to military members, veterans and their families.
Methodology
Insurance.com commissioned Quadrant Information Services in 2022 to field rates from up to six major insurers in every state across most ZIP codes. Driver profile: male, age 40, driving 2021 Honda Accord LX with full coverage of 100/300/100 with comprehensive and collision; $500 deductible.
The car insurance rates for drivers with accidents and tickets are averaged based on rates for the following accidents and tickets:
Accidents:
- 1 at-fault property damage accident over $2k
- 1 at-fault property damage accident under $2k
- At-fault bodily injury accident
- Single vehicle accident
Tickets:
- Distracted driving ticket
- Speeding ticket 1- 10 MPH over limit
- Speeding ticket 11- 29 MPH over limit
- Talking on cellphone ticket
- Texting ticket
Insurance.com analyzed rates from more than 34,000 ZIP codes, 56 million quotes, and 136 companies. Rates sourced from Quadrant Data Services are for comparison purposes only; your rates may differ.
