Cheapest Auto Insurance in Richmond, Virginia (2024)

The cheapest car insurance company in Richmond is Auto-Owners, with rates as low as $44 per month

Choncé Maddox
Written byChoncé Maddox
Choncé Maddox
Choncé Maddox
  • 7+ years writing insurance and personal finance content

  • Certified financial education instructor (CFEI)

Choncé was a licensed life insurance agent before becoming a freelance personal finance writer. She’s passionate about helping people learn to protect themselves with insurance.

Featured in

media logomedia logo
Chris Schafer
Edited byChris Schafer
Chris Schafer
Chris SchaferSenior Editor
  • 15+ years in content creation

  • 7+ years in business and financial services content

Chris is a seasoned writer/editor with past experience across myriad industries, including insurance, SAS, finance, Medicare, logistics, marketing/advertising, and many more.

Featured in

media logomedia logomedia logomedia logo

Updated April 22, 2024

Save up to $717 by comparing quotes from the top 100+ insurance companies

Secure. Free. Easy-to-use.
Based on 3,806+ reviews
4.8/5
Shopper Approved
ProgressiveLiberty MutualTravelers
Advertiser Disclosure

At Insurify, our goal is to help customers compare insurance products and find the best policy for them. We strive to provide open, honest, and unbiased information about the insurance products and services we review. Our hard-working team of data analysts, insurance experts, insurance agents, editors and writers, has put in thousands of hours of research to create the content found on our site.

We do receive compensation when a sale or referral occurs from many of the insurance providers and marketing partners on our site. That may impact which products we display and where they appear on our site. But it does not influence our meticulously researched editorial content, what we write about, or any reviews or recommendations we may make. We do not guarantee favorable reviews or any coverage at all in exchange for compensation.

Why you can trust Insurify: Comparing accurate insurance quotes should never put you at risk of spam. We earn an agent commission only if you buy a policy based on our quotes. Our editorial team follows a rigorous set of editorial standards and operates independently from our insurance partners. Learn more.

The overall average cost of car insurance in Richmond is $153 per month, which is higher than the state average of $131 per month. Rates may be higher because of Richmond’s location near the coast and status as Virginia’s capital.

But your rates may vary depending on your age, driving history, and other factors. And you can compare quotes to find affordable coverage in the city. Here’s what you need to know before shopping for car insurance.

Quick Facts
  • The average cost of car insurance in Richmond is $114 per month for liability coverage and $192 for full coverage.

  • Auto-Owners is the cheapest full-coverage insurer in Richmond, with rates starting at $75 per month.

  • Starting in 2025, Virginia’s minimum-liability coverage requirements will increase considerably.[1]

3 of the cheapest car insurance companies in Richmond

Narrowing down the best auto insurance company for you will depend heavily on your personal preferences and what’s important to you. The quotes you receive will be affected by your age, driving history, level of coverage, and more.

Here’s an in-depth look at some of the cheapest insurance options based on different situations and needs such as liability-only coverage, an accident on record, and young drivers.

Insurance CompanyIQ Score
The Insurify Quality (IQ) Score uses more than 15 criteria to objectively rate insurance companies on a one-to-five scale. The Insurify editorial team researches insurer data to determine the final scores.
Full CoverageLiability OnlyBest For
Auto-Owners4.0$66$39Liability coverage
GEICO4.2$91$53Drivers with a speeding ticket
State Farm4.5$68$40Teen drivers
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers. Actual quotes may vary based on the policy buyer's unique driver profile.
  • Our editorial team spent 350 hours developing the Insurify Quality (IQ) Score and scoring insurance companies. The IQ Score objectively analyzes and calculates a score for insurers using more than 15 crucial criteria. Criteria are weighted by importance to the consumer — factors such as customer reviews and affordability influence the score more than availability and third-party ratings.

    We rate each company on a 1 to 5 scale based on five categories: financial ratings, customer satisfaction, affordability, customer support and transparency, and availability. We update ratings once a year or as more recent information becomes available.

    • Third-party financial ratings: We use data from AM Best, S&P, Moody's, and more to compare insurance companies’ credit and ability to pay out future claims.
    • Customer satisfaction: To calculate this score, Insurify analyzed more than 20,000 customer reviews across 155 car insurance companies. We also considered third-party ratings from J.D. Power, the National Association of Insurance Commissioners, and Trustpilot.
    • Affordability: Our data scientists analyzed more than 90 million real-time auto insurance rates from our partners across the United States, as well as available discounts, to calculate an affordability score.
    • Customer support and transparency: This measures coverage options, ease of claims filing, and the insurer's transparency surrounding discounts, coverages, and claims process.
    • Availability and reach: Insurify identified the number of states in which insurers offer coverage and company size by market share to score availability and reach.

Best insurer for liability coverage: Auto-Owners

Compare personalized, real-time quotes
IQ Score
The Insurify Quality (IQ) Score uses more than 15 criteria to objectively rate insurance companies on a one-to-five scale. The Insurify editorial team researches insurer data to determine the final scores.
4.1
JD Power
J.D. Power data measures overall customer satisfaction and claims satisfaction based on a 1,000-point scale.
837
Liability Only
Liability-only insurance, sometimes called minimum-coverage insurance, pays for bodily injury and property damage to others in an accident the policyholder causes. It does not pay for the insured’s own damages.
$44/mo
Full Coverage
Full-coverage car insurance generally includes liability, collision, and comprehensive coverage, and may include other optional coverages such as uninsured motorist coverage. Collision covers a policyholder’s repair or replacement costs in case of an accident. Comprehensive covers damages caused by non-accident events. The average quote displayed here reflects policies with the following coverage limits: $50,000 bodily injury liability per person; $100,000 bodily injury liability per accident; $50,00 property damage liability per accident; $1,000 collision deductible; and a $1,000 comprehensive deductible.
$75/mo

Auto-Owners Insurance has some of the lowest rates for liability-only auto insurance in Richmond. Auto-Owners also offers gap coverage and roadside assistance and multiple discounts for multiple policies, getting a quote in advance, and making on-time payments for 36 months.

Pros
  • Several discounts

  • Gap coverage and roadside assistance available

Cons
  • Quotes not available online

  • Accident forgiveness not included with basic policy

Read our Auto-Owners review
Jack - April 9, 2024
Verified

Poor Handling but Partial Payment Made

I had a major claim due to a fire, which was not my fault. They handled it poorly and the complex ended up tearing down my building. They did make a payment, but there was a $10,000 depreciation on my goods.

Erin - April 7, 2024
Verified

Unhappy with Renewal Costs

The premium is ridiculously expensive for the few miles I drive.

Brandy - April 6, 2024
Verified

Fair Prices from a Trustworthy Company

I've had zero issues!

Best insurer for drivers with a speeding ticket: GEICO

Compare personalized, real-time quotes
IQ Score
The Insurify Quality (IQ) Score uses more than 15 criteria to objectively rate insurance companies on a one-to-five scale. The Insurify editorial team researches insurer data to determine the final scores.
4.3
JD Power
J.D. Power data measures overall customer satisfaction and claims satisfaction based on a 1,000-point scale.
835
Liability Only
Liability-only insurance, sometimes called minimum-coverage insurance, pays for bodily injury and property damage to others in an accident the policyholder causes. It does not pay for the insured’s own damages.
$61/mo
Full Coverage
Full-coverage car insurance generally includes liability, collision, and comprehensive coverage, and may include other optional coverages such as uninsured motorist coverage. Collision covers a policyholder’s repair or replacement costs in case of an accident. Comprehensive covers damages caused by non-accident events. The average quote displayed here reflects policies with the following coverage limits: $50,000 bodily injury liability per person; $100,000 bodily injury liability per accident; $50,00 property damage liability per accident; $1,000 collision deductible; and a $1,000 comprehensive deductible.
$103/mo

GEICO offers personalized auto coverage based on your needs. If you have a speeding ticket on your record, your rates may go up, but GEICO allows you to get a quote online and utilize discounts to save, especially after completing an approved defensive driving course or bundling your insurance policies.

Pros
  • High customer ratings

  • Several discount options, including savings for completing an approved defensive driving course

Cons
  • Gap coverage for rideshare insurance not available

  • Accident forgiveness not available

Read our GEICO review
Rosita - April 22, 2024
Verified

Happy One Day, Sad the Next

One year, my policy was nice and low, but the next year they jacked it up. I didn't even do anything wrong. This really upset me. I never even got a reason why.

Gloria - April 22, 2024
Verified

Poor

Find another insurance company. Geico is too expensive and doesn't live up to their promises.

Louis - April 20, 2024
Verified

Excellent

Good service, good price.

Best insurer for teen drivers: State Farm

Compare personalized, real-time quotes
IQ Score
The Insurify Quality (IQ) Score uses more than 15 criteria to objectively rate insurance companies on a one-to-five scale. The Insurify editorial team researches insurer data to determine the final scores.
4.4
JD Power
J.D. Power data measures overall customer satisfaction and claims satisfaction based on a 1,000-point scale.
842
Liability Only
Liability-only insurance, sometimes called minimum-coverage insurance, pays for bodily injury and property damage to others in an accident the policyholder causes. It does not pay for the insured’s own damages.
$46/mo
Full Coverage
Full-coverage car insurance generally includes liability, collision, and comprehensive coverage, and may include other optional coverages such as uninsured motorist coverage. Collision covers a policyholder’s repair or replacement costs in case of an accident. Comprehensive covers damages caused by non-accident events. The average quote displayed here reflects policies with the following coverage limits: $50,000 bodily injury liability per person; $100,000 bodily injury liability per accident; $50,00 property damage liability per accident; $1,000 collision deductible; and a $1,000 comprehensive deductible.
$76/mo

State Farm has some of the cheapest auto insurance rates in Richmond and offers several ways for teens to save on their premiums. Students who report good grades can save up to 25% on their premiums, and drivers younger than 25 can also enroll in the Steer Clear driver safety program to receive a discount.

Pros
  • Variety of coverage options, including emergency roadside assistance and rental car coverage

  • Several discounts for young drivers

Cons
  • Gap insurance not available

  • Accident forgiveness not available

Read our State Farm review
Wanda Carole - April 22, 2024
Verified

Excellent

Check out other companies and their rates before making a decision.

Perry - April 22, 2024
Verified

Pricing

Be careful of the price quoted. It can change.

Sandra - April 21, 2024
Verified

Fair

They are the cheapest car insurance around.

How to get the cheapest car insurance in Richmond

Finding the cheapest car insurance in Richmond depends on factors including your age, ZIP code, driving history, and desired level of coverage. While some of these factors are outside of your control, you can still do a few specific things to lower your insurance costs, including:

  • Avoid violations. Practice safe driving habits so you can avoid violations like speeding tickets and other infractions. In doing so, you’ll maintain a clean driving record.

  • Improve your credit score. Car insurance companies can use your credit score to determine the likelihood that you’ll file a claim, so it’s important to maintain a good credit score to keep your rates lower.

  • Ask about discounts. Insurers offer several discounts, from bundling coverage and multi-policy discounts to having a vehicle with certain anti-theft protection or driving safely. Be sure to ask about which discounts you may qualify for.

  • Shop around and compare quotes. Shop around and compare quotes from at least three different insurers to make sure you’re getting the best price.

Compare Richmond Car Insurance Quotes Today

Liability rates start as low as $44/mo.

Secure. Free. Easy-to-use.
Based on 3,806+ reviews
4.8/5
Shopper Approved
ProgressiveLiberty MutualTravelers

Cheapest liability-only car insurance in Richmond: Auto-Owners

If you’re at fault for an accident, liability-only car insurance covers damage to the other person’s vehicle and their medical expenses. In Richmond, drivers pay an average of $114 per month for liability coverage.

If you drive an older car or a car that’s already been paid off, liability-only car insurance may be an option for you. Here are some of the cheapest liability-only car insurance rates in Richmond.

The below rates are estimated rates current as of: Wednesday, April 17 at 12:00 PM PDT
Insurance CompanyAverage Monthly Quote
Auto-Owners44
State Farm46
GEICO61
USAA61
Mercury62
Chubb67
Clearcover70
Erie70
Safeco77
Nationwide79
State Auto81
Midvale Home & Auto86
Allstate96
Progressive96
Elephant98
Direct Auto100
Liberty Mutual104
National General112
GAINSCO118
AssuranceAmerica119
Dairyland123
Travelers127
CSAA149
Bristol West159
The General179
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers and quote estimates from Quadrant Information Services. Actual quotes may vary based on the policy buyer's unique driver profile.
Keep in Mind

Insurance professionals generally recommend buying more than your state’s minimum required amount of liability insurance. Higher liability coverage limits provide better financial protection in case of an accident.

Cheapest full-coverage car insurance in Richmond: Auto-Owners

Full-coverage auto insurance includes liability, but it also includes collision insurance to cover damage to your vehicle or your medical expenses after an accident, and comprehensive coverage, which pays for non-accident damage to your car. If you have a car loan or lease, your leasing company and lender likely already require you to carry full-coverage insurance.

Full-coverage insurance may be a good option for you if you can’t afford to pay for vehicle repairs out of pocket. In Richmond, drivers pay an average of $192 per month for full coverage. Here are some of the cheapest full-coverage car insurance rates in Richmond.

The below rates are estimated rates current as of: Wednesday, April 17 at 12:00 PM PDT
Insurance CompanyAverage Monthly Quote
Auto-Owners75
State Farm76
GEICO103
USAA103
Chubb112
Erie117
Clearcover118
Nationwide127
Mercury131
Safeco135
Midvale Home & Auto138
Allstate160
Travelers160
State Auto161
Elephant172
Direct Auto175
AssuranceAmerica180
Liberty Mutual182
Progressive183
National General220
CSAA232
GAINSCO273
Bristol West311
Dairyland313
The General321
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers and quote estimates from Quadrant Information Services. Actual quotes may vary based on the policy buyer's unique driver profile.

Estimate your Richmond car insurance costs

Select discounts that apply to you
Save 25%
Save 4%
Save 19%
Save 38%
Age
Credit Score
Are you insured
Your estimated deal

*Estimate based on a market average of rates provided to other users like you.

Select discounts that apply to you

Car insurance requirements in Virginia

Most states require drivers to have minimum or liability-only insurance. In Virginia, drivers must meet certain minimum-coverage limits or risk driver’s license suspension and a $500 fee.

Virginia is also increasing its minimum requirements on Jan. 1, 2025, to $50,000/$100,000 for bodily injury liability and $25,000 for property damage liability. Here are the current car insurance requirements that Virginia drivers must have:[1]

CoverageMinimum Requirements
Bodily injury liability$30,000 per person / $60,000 per accident
Property damage liability$20,000 per accident

These are just minimum requirements. You might consider adding these coverages to their policies for more protection:

  • illustration card https://a.storyblok.com/f/162273/x/665da91bf7/comprehensive-coverage.svg

    Comprehensive coverage

    Comprehensive coverage pays for vehicle repairs after non-collision incidents, such as severe weather damaging your car, theft, vandalism, and more.

  • illustration card https://a.storyblok.com/f/162273/x/169fdfde11/liability-coverage.svg

    Collision coverage

    Collision coverage pays for car repairs after you hit a stationary object or another car, regardless of fault.

  • illustration card https://a.storyblok.com/f/162273/150x150/203f9679f5/insurify-icons-auto-green-96x96_038-money.svg

    Gap coverage

    Also called guaranteed asset protection, gap insurance pays the difference between your auto loan balance and insurance settlement in the event of a total loss.

  • illustration card https://a.storyblok.com/f/162273/100x100/9997698e9e/emergency-roadside-service.svg

    Roadside assistance coverage

    Roadside assistance helps cover the costs of towing, labor, and other services if your car breaks down.

Cheapest car insurance for drivers with an incident

Your driving history is one of the biggest factors that affects your car insurance rates. An at-fault accident can cause your insurance rates to go up, as will other infractions like speeding tickets and driving under the influence.[2]

In the sections that follow, you’ll see how each infraction affects your rates differently.

Shop for Car Insurance in Richmond, Virginia

See customized quotes from top auto insurers

Secure. Free. Easy-to-use.
Based on 3,806+ reviews
4.8/5
Shopper Approved
ProgressiveLiberty MutualTravelers

Cheapest car insurance for drivers with a speeding ticket: Auto-Owners

If you receive a citation for speeding, it can show up on your driving record and, depending on your insurer, could increase your rates. Richmond drivers pay an overall average of $216 per month for coverage with a speeding ticket.

Here are some of the average monthly quotes from insurers in Richmond when you have a speeding ticket on your record.

The below rates are estimated rates current as of: Wednesday, April 17 at 12:00 PM PDT
Insurance CompanyClean Driving RecordWith Speeding Ticket
Auto-Owners4458
State Farm4658
GEICO6178
USAA6178
Mercury6291
Chubb6787
Clearcover7096
Erie7098
Safeco77107
Nationwide79102
Allstate96122
Progressive96128
Elephant98126
Direct Auto100132
Liberty Mutual104143
National General112144
GAINSCO118147
AssuranceAmerica119162
Dairyland123163
Travelers127165
CSAA149197
Bristol West159207
The General179238
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers and quote estimates from Quadrant Information Services. Actual quotes may vary based on the policy buyer's unique driver profile.

Cheapest car insurance for drivers with an at-fault accident: Auto-Owners

Accidents can be dangerous, scary, and costly. In addition to having to repair your car after an accident, your insurance rates will likely go up. An accident can also stay on your driving record for three to five years, creating risk for insurers, which is why they may quote you a higher price.

Richmond drivers pay an overall average of $221 per month for coverage after an at-fault accident. Here are some monthly quotes from insurers in Richmond when you have an at-fault accident on your record.

The below rates are estimated rates current as of: Wednesday, April 17 at 12:00 PM PDT
Insurance CompanyClean Driving RecordWith Accident
Auto-Owners4460
State Farm4661
GEICO6182
USAA6182
Mercury6295
Chubb6790
Clearcover70111
Erie70101
Safeco77112
Nationwide79107
Allstate96128
Progressive96133
Elephant98133
Direct Auto100138
Liberty Mutual104149
National General112153
GAINSCO118155
AssuranceAmerica119166
Dairyland123168
Travelers127172
CSAA149211
Bristol West159213
The General179248
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers and quote estimates from Quadrant Information Services. Actual quotes may vary based on the policy buyer's unique driver profile.

Cheapest car insurance for drivers with a DUI: Auto-Owners

Driving under the influence is a serious offense that stays on your driving record for several years in Virginia. Having a DUI doesn’t look good to insurers, and they may raise your rates significantly or drop you altogether.

Richmond drivers pay an overall average of $251 per month for coverage with a DUI conviction on their records. Here are some of the rates Richmond insurers are offering for drivers with a DUI.

The below rates are estimated rates current as of: Wednesday, April 17 at 12:00 PM PDT
Insurance CompanyClean Driving RecordWith Accident
Auto-Owners4470
State Farm4673
GEICO6197
USAA6197
Mercury62102
Chubb67107
Clearcover70112
Erie70102
Safeco77123
Nationwide79126
Allstate96153
Progressive96153
Elephant98156
Direct Auto100160
Liberty Mutual104166
National General112179
GAINSCO118188
AssuranceAmerica119190
Dairyland123196
Travelers127203
CSAA149238
Bristol West159254
The General179286
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers and quote estimates from Quadrant Information Services. Actual quotes may vary based on the policy buyer's unique driver profile.

Cheapest car insurance for seniors: Auto-Owners

Generally, seniors have the cheapest car insurance rates of any age group. But rates typically rise for senior drivers around age 70 because insurers see this group as a higher risk to insure.[2]This is, in part, due to slower reflexes but also to the increased risk of costly medical claims in the event of an accident.[3]

But if you’re a senior driver, you can still find cheap insurance rates if you keep a clean driving record and take advantage of discounts. Senior drivers in Richmond pay an overall average of $107 per month for car insurance.

Here are some of the best monthly insurance quotes for seniors in Richmond.

The below rates are estimated rates current as of: Wednesday, April 17 at 12:00 PM PDT
Insurance CompanyFull Coverage Liability Only
State Farm5433
Auto-Owners5532
Chubb7545
GEICO7545
USAA7645
Erie8249
Nationwide8855
Mercury9947
Clearcover10261
Safeco10761
Travelers11692
Allstate11972
Progressive12164
AssuranceAmerica12381
Direct Auto12571
Elephant12571
Liberty Mutual13879
CSAA165106
National General16584
GAINSCO20890
Bristol West231118
Dairyland23492
The General243135
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers and quote estimates from Quadrant Information Services. Actual quotes may vary based on the policy buyer's unique driver profile.

Cheapest car insurance for teens: Auto-Owners

Young drivers and teens also pay higher insurance rates than the general population. This is because insurers find that drivers younger than 25 get into more accidents and have less experience on the road.[4] Richmond teen drivers pay an overall average of $271 per month for car insurance.

Some insurers offer discounts for young drivers who earn good grades or who complete a driver safety program. Young drivers may also save by staying on their parents’ insurance.

Here are the cheapest insurers for teen drivers in Richmond.

The below rates are estimated rates current as of: Wednesday, April 17 at 12:00 PM PDT
Insurance CompanyFull Coverage Liability Only
Auto-Owners12573
State Farm13079
GEICO16296
USAA170101
Chubb207124
Clearcover211125
Erie213128
Nationwide217135
Mercury240114
Safeco241137
Allstate281169
Elephant284162
Travelers288229
Liberty Mutual307175
Direct Auto319182
Progressive328172
AssuranceAmerica345228
CSAA390250
National General417213
GAINSCO488211
Dairyland507199
The General513286
Bristol West517264
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers and quote estimates from Quadrant Information Services. Actual quotes may vary based on the policy buyer's unique driver profile.
What Are the Best Cars for Teens to Drive?

What Are the Best Cars for Teens to Drive?

Find Car Insurance in Richmond

Compare rates and buy affordable coverage today

Secure. Free. Easy-to-use.
Based on 3,806+ reviews
4.8/5
Shopper Approved
ProgressiveLiberty MutualTravelers

Richmond car insurance quotes by credit tier

Virginia is one of many states that allow insurers to use your credit history as a factor when calculating insurance rates. An excellent credit score is considered anything above 720, and the higher your credit, the better chances you’ll have a lower insurance rate.

But it’s important to note that a lower credit score doesn’t always guarantee you’ll have higher insurance rates. It all depends on the insurer and how it weighs other factors like your age, driving history, and location.

Here are the average monthly quotes for Richmond based on your credit tier.

Rates by Credit Tier

Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers. Actual quotes may vary based on the policy buyer's unique driver profile.

Is car insurance more expensive in Richmond?

The overall average cost of car insurance in Richmond is $153 per month, which is a little higher than the average cost for the state of Virginia of $131 per month. Insurance in Richmond is much higher than in other large Virginia cities like Arlington and Alexandria.

Drivers in larger cities with more traffic may pay higher car insurance rates, especially if there are more accidents or higher vehicle repair costs.

More cities in Virginia

Here’s how average monthly car insurance quotes differ in other Virginia cities compared to Richmond.

CityFull CoverageLiability Only
Alexandria$177$106
Arlington$175$90
Charlottesville$133$75
Chesapeake$166$103
Lynchburg$150$84
Norfolk$188$113
Roanoke$151$87
Virginia Beach$170$100
Woodbridge$188$115
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers. Actual quotes may vary based on the policy buyer's unique driver profile.

Richmond car insurance FAQs

Looking for more information about securing the best car insurance rates in Richmond? Consult the answers below.

  • How much is car insurance in Richmond?

    The average cost of car insurance in Richmond is $114 per month for liability coverage and $192 for full coverage.

  • What are the best car insurance companies in Richmond?

    Auto-Owners Insurance, State Farm, and GEICO are the top insurers in Richmond. Each has a high IQ Score, and Auto-Owners and GEICO offer several discounts. State Farm’s customer service is continually ranked among the industry’s best.

  • What are the cheapest car insurance companies in Richmond?

    Auto-Owners, State Farm, and GEICO are the cheapest liability auto insurance companies in Richmond. These insurers have rates as low as $44, $46, and $61 per month, respectively.

  • What’s the Virginia minimum car insurance coverage?

    Drivers in Virginia must maintain coverage that amounts to at least $30,000 for injury or death of one person and $60,000 for injury or death of two or more. They must also maintain property damage coverage of $20,000. But on Jan. 1, 2025, these numbers will climb to $50,000, $100,000, and $25,000, respectively.

Methodology

Insurify data scientists analyzed more than 90 million quotes served to car insurance applicants in Insurify’s proprietary database to calculate the premium averages displayed on this page. These premiums are real quotes that come directly from Insurify’s 50+ partner insurance companies in all 50 states and Washington, D.C. Quote averages represent the median price for a quote across the given coverage level, driver subset, and geographic area.

Unless otherwise specified, quoted rates reflect the average cost for drivers between 20 and 70 years old with a clean driving record and average or better credit (a credit score of 600 or higher).

Liability-only premium averages correspond to policies with the following coverage limits:

  • Bodily injury limits between state-minimum rates and $50,000 per person, $100,000 per accident
  • Property damage limits between $10,000 and $50,000
  • No additional coverage
Full-coverage premium averages correspond to the same bodily injury and property damage limits in addition to:
  • Comprehensive coverage with a $1,000 deductible
  • Collision coverage with a $1,000 deductible

Quotes for Allstate, Farmers, GEICO, State Farm, and USAA are estimates based on Quadrant Information Services’ database of auto insurance rates.

Sources

  1. Virginia Department of Motor Vehicles. "Insurance Requirements."
  2. III. "What determines the price of an auto insurance policy?."
  3. IIHS. "Older drivers."
  4. IIHS. "Teenagers."
Choncé Maddox
Choncé Maddox

Choncé Maddox is a Certified Financial Education Instructor (CFEI) and personal finance freelance writer. She graduated from Northern Illinois University with a degree in Journalism and has been covering personal finance topics surrounding saving, debt payoff, credit, and home insurance for seven years. Chonce briefly held a life insurance license in Illinois where she developed a passion for helping people learn how to protect themselves and their property through insurance coverage. Her work has been featured on LendingTree, Business Insider, RateGenius and more.

Chris Schafer
Edited byChris SchaferSenior Editor
Chris Schafer
Chris SchaferSenior Editor
  • 15+ years in content creation

  • 7+ years in business and financial services content

Chris is a seasoned writer/editor with past experience across myriad industries, including insurance, SAS, finance, Medicare, logistics, marketing/advertising, and many more.

Featured in

media logomedia logomedia logomedia logo

Compare Car Insurance Quotes Instantly

Secure. Free. Easy-to-use.
Based on 3,806+ reviews
4.8/5
Shopper Approved
ProgressiveLiberty MutualTravelers

Latest Articles

View all