- Average cost of car insurance in Virginia
- Best car insurance in Virginia: Auto-Owners
- Cheapest car insurance in Virginia: Virginia Farm Bureau
- Virginia car insurance requirements
- Cheapest car insurance companies for minimum liability coverage in Virginia
- Cheapest car insurance cost in Virginia by age
- Cheapest car insurance companies in Virginia by driver profile
- Compare auto insurance rates by city in Virginia
- Car insurance premium trends in Virginia
- Methodology
- Compare Virginia car insurance rates with other states
Average cost of car insurance in Virginia
The average car insurance rate in Virginia is $1,469 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 $428.
Best car insurance in Virginia: Auto-Owners
Auto-Owners is the best car insurance company in Virginia that’s open to all residents, based on an analysis by Insurance.com, with an overall rating of 3.7.
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.
| Company | AM Best | JD Power | NAIC | Insurance.com score | Average annual premium |
|---|---|---|---|---|---|
| Auto-Owners | A++ | 840 | 0.5 | 3.7 | $1,405 |
| Erie Insurance | A+ | 863 | 0.61 | 3.64 | $1,288 |
| Travelers | A++ | 822 | 0.49 | 3.43 | $1,169 |
| State Farm | A++ | 843 | 0.7 | 3.1 | $1,479 |
| Geico | A++ | 818 | 0.91 | 2.99 | $1,382 |
| Allstate | A+ | 825 | 0.65 | 2.37 | $2,021 |
| Progressive | A+ | 814 | 0.65 | 2.26 | $2,120 |
Cheapest car insurance in Virginia: Virginia Farm Bureau
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, Virginia Farm Bureau is the cheapest auto insurance company in Virginia, with average rates of $1,167 annually for full coverage.
| Company | State minimum liability | 50/100/50 liability | 100/300/100 liability with $500 deductible |
|---|---|---|---|
| Virginia Farm Bureau | $319 | $357 | $1,167 |
| Travelers | $382 | $419 | $1,169 |
| USAA | $344 | $390 | $1,192 |
| Erie Insurance | $331 | $371 | $1,288 |
| Geico | $388 | $448 | $1,382 |
| Auto-Owners | $410 | $480 | $1,405 |
| State Farm | $390 | $441 | $1,479 |
| Allstate | $676 | $734 | $2,021 |
| Progressive | $612 | $656 | $2,120 |
*USAA offers car insurance only to military members, veterans and their families.
Auto insurance calculator
Most & least expensive ZIP codes for auto insurance in Virginia
Most Expensive
| ZIP code | City | Highest rate |
|---|---|---|
| 22159 | Springfield | $151 |
| 23040 | Cumberland | $148 |
| 23123 | New Canton | $147 |
| 23511 | Fleet | $146 |
Least Expensive
| ZIP code | City | Lowest rate |
|---|---|---|
| 22821 | Dayton | $106 |
| 24060 | Blacksburg | $107 |
| 22801 | Harrisonburg | $107 |
| 22802 | Harrisonburg | $107 |
The Virginia State Corporation Commission says...
The more you have to protect, the more insurance you need. If you own a home and are regularly employed at a good wage, you probably should buy more insurance than the minimum coverage required by law.
- The Virginia State Corporation CommissionVirginia car insurance requirements
As of July 1, 2024, you need car insurance with minimum coverage levels of 30/60/10 in Virginia, which costs $466 each year or $39 each month.
Minimum liability insurance requirements for Virginia:
- Bodily injury liability (BI): $30,000 per person, $60,000 per accident
- Property damage liability (PD): $20,000 per accident
- Uninsured/underinsured motorist bodily injury coverage: $30,000 per person, $60,000 per accident
On January 1, 2025, Virginia's minimum car insurance requirements will increase to 50/100/25. Make sure you are prepared for this increase.
Cheapest car insurance companies for minimum liability coverage in Virginia
According to Insurance.com, Erie Insurance has the cheapest state minimum liability coverage, at $325 per year or $27 each month.
Here are the most affordable car insurance companies for state minimum coverage in Virginia.
| Company | Liability insurance premium | Monthly liability insurance premium |
|---|---|---|
| Erie Insurance | $325 | $27 |
| Virginia Farm Bureau | $330 | $28 |
| USAA | $344 | $29 |
| Geico | $356 | $30 |
| Travelers | $389 | $32 |
| State Farm | $390 | $33 |
| Auto-Owners | $410 | $34 |
| Progressive | $595 | $50 |
| Allstate | $655 | $55 |
| Farmers | $1,116 | $93 |
*USAA offers coverage only to military veterans and their family
Cheapest car insurance cost in Virginia by age
In Virginia, car insurance rates are higher for teenagers due to their lack of driving experience.
Virginia Farm Bureau offers the cheapest car insurance for teen drivers in Virginia at $2,627 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, the Virginia Farm Bureau offers the cheapest full coverage car insurance for adult drivers at $1,183 per year and Travelers offers the cheapest car insurance for senior drivers at $1,176 per year.
Compare car insurance rates by age
Select your age group and age below to see the insurance company and its
average annual and average monthly premium rates.
| Virginia Farm Bureau | $2,778 | $232 |
| Erie Insurance | $3,955 | $330 |
| Auto-Owners | $4,240 | $353 |
| Travelers | $5,017 | $418 |
| State Farm | $5,046 | $421 |
| Geico | $5,110 | $426 |
| USAA | $5,737 | $478 |
| Allstate | $7,377 | $615 |
| Progressive | $12,959 | $1,080 |
*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 | Speeding ticket |
|---|---|---|---|
| USAA | $1,192 | $1,793 | $1,449 |
| Erie Insurance | $1,288 | $1,777 | $1,450 |
| State Farm | $1,479 | $1,719 | $1,590 |
| Travelers | $1,169 | $1,713 | $1,769 |
| Auto-Owners | $1,405 | $1,405 | $1,987 |
| Geico | $1,382 | $2,294 | $2,563 |
| Allstate | $2,021 | $4,132 | $2,628 |
| Progressive | $2,120 | $3,294 | $2,804 |
*USAA offers car insurance only to military members, veterans and their families.
Compare auto insurance rates by city in Virginia
Auto insurance rates in your city can differ significantly from the state average due to factors such as population density, increased instances of auto theft or accidents, and a few other factors. It's best to compare quotes from various insurance providers to find the most competitive rates for your specific city in Virginia.
| City | Annual insurance premium |
|---|---|
Virginia Beach | $1,457 |
Car insurance premium trends in Virginia
Car insurance average rates increase most years and various factors contribute to these changes, including shifts in economic conditions, changes in state laws, and the number and severity of insurance claims.
That's why it's important to keep track of car insurance premiums to make better decisions. The graph below shows how insurance rates in Virginia have increased or decreased from 2020 to 2023.
Whether you're planning to renew your policy with your current insurer or looking for a new one, this analysis is invaluable for making informed insurance choices.
Methodology
Insurance.com commissioned Quadrant Information Services in 2023 to field rates from major insurers in every state across most ZIP codes. Driver profile: male, age 40, driving a 2023 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.
Compare Virginia car insurance rates with other states
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