- Average cost of car insurance in Virginia
- Best car insurance companies in Virginia: Auto-Owners
- Cheapest car insurance companies in Virginia: Virginia Farm Bureau
- Minimum car insurance requirements in Virginia
- 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
- Methodology
- Compare auto 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 companies 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 companies 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 |
Minimum car insurance requirements in Virginia
You need car insurance with minimum coverage levels of 30/60/10 in Virginia, which costs $466 each year or $39 each month.
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.
| Age | Company | Average annual premium |
|---|---|---|
| Teens (16-19) | Virginia Farm Bureau | $2,627 |
| Teens (16-19) | Erie Insurance | $3,199 |
| Teens (16-19) | Travelers | $3,719 |
| Teens (16-19) | Auto-Owners | $3,723 |
| Teens (16-19) | Geico | $3,783 |
| Teens (16-19) | USAA* | $4,196 |
| Teens (16-19) | State Farm | $4,225 |
| Teens (16-19) | Allstate | $5,296 |
| Teens (16-19) | Progressive | $9,707 |
| Teens (16-19) | Farmers | $14,380 |
| Young Adults (20-24) | Travelers | $1,849 |
| Young Adults (20-24) | Geico | $1,911 |
| Young Adults (20-24) | Virginia Farm Bureau | $1,964 |
| Young Adults (20-24) | USAA* | $2,010 |
| Young Adults (20-24) | Erie Insurance | $2,105 |
| Young Adults (20-24) | Auto-Owners | $2,399 |
| Young Adults (20-24) | State Farm | $2,454 |
| Young Adults (20-24) | Allstate | $2,835 |
| Young Adults (20-24) | Progressive | $3,503 |
| Adults (25-60) | Virginia Farm Bureau | $1,183 |
| Adults (25-60) | Travelers | $1,194 |
| Adults (25-60) | USAA* | $1,216 |
| Adults (25-60) | Erie Insurance | $1,306 |
| Adults (25-60) | Geico | $1,362 |
| Adults (25-60) | Auto-Owners | $1,439 |
| Adults (25-60) | State Farm | $1,486 |
| Adults (25-60) | Allstate | $1,903 |
| Adults (25-60) | Progressive | $2,132 |
| Adults (25-60) | Farmers | $3,094 |
| Seniors (65-75) | Travelers | $1,176 |
| Seniors (65-75) | USAA* | $1,267 |
| Seniors (65-75) | Virginia Farm Bureau | $1,289 |
| Seniors (65-75) | Geico | $1,331 |
| Seniors (65-75) | Erie Insurance | $1,345 |
| Seniors (65-75) | State Farm | $1,415 |
| Seniors (65-75) | Auto-Owners | $1,471 |
| Seniors (65-75) | Allstate | $2,073 |
| Seniors (65-75) | Progressive | $2,157 |
| Seniors (65-75) | Farmers | $3,374 |
*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 |
|---|---|---|---|
| Nationwide | $813 | $1,346 | $1,090 |
| USAA* | $829 | $1,471 | $1,054 |
| American Family | $913 | $1,071 | $1,631 |
| Progressive | $939 | $1,719 | $1,328 |
| Geico | $1,021 | $1,900 | $1,818 |
| Travelers | $1,024 | $1,821 | $1,799 |
| Erie Insurance | $1,034 | $1,623 | $1,246 |
| State Farm | $1,041 | $1,229 | $1,135 |
| Mercury Insurance | $1,368 | $2,795 | $1,911 |
| Auto-Owners | $1,427 | $1,708 | $1,708 |
| Allstate | $1,855 | $3,725 | $2,456 |
| Kemper Insurance | $2,468 | $4,207 | $3,335 |
*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 |
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.
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