Average Auto Insurance Cost Per Month Virginia

Average Auto Insurance Cost Per Month in Virginia

Overview of Auto Insurance in Virginia

Auto insurance is a requirement for all drivers in Virginia. It is the responsibility of the driver to make sure that the coverage is up to date and in compliance with the state’s insurance regulations. The minimum coverage for drivers in Virginia is $25,000 for bodily injury per person, $50,000 for bodily injury per accident, and $20,000 for property damage per accident. Drivers should be sure to shop around for different insurance companies to make sure they are getting the best rate and coverage for their needs.

Average Cost of Auto Insurance in Virginia

The average cost of auto insurance per month in Virginia is approximately $99. This cost is affected by many factors such as the type of car, the driver’s age, their driving record, and their credit score. Drivers with a good driving record and a good credit score can expect to pay less than those with a bad driving record or a low credit score. Additionally, drivers who choose higher levels of coverage, such as collision and comprehensive, can expect to pay more for their auto insurance coverage.

Factors That Affect Auto Insurance Costs in Virginia

There are several factors that can affect the cost of auto insurance in Virginia. The type of car that is insured can have a major impact on the cost. Luxury or sports cars will typically cost more to insure than a standard sedan or SUV. Additionally, the age of the driver can have a significant impact on the cost. Drivers under the age of 25 may be subject to surcharges or additional fees due to their age. The driver’s driving record and credit score can also affect the cost of auto insurance in Virginia. A driver who has had multiple moving violations or who has a bad credit score may be subject to higher rates.

Discounts Available for Auto Insurance in Virginia

Fortunately, there are several discounts available for Virginia drivers that can help to reduce the cost of auto insurance. Drivers who have completed a defensive driving course can receive a discount on their insurance premiums. Additionally, drivers who have multiple cars insured with the same company can receive a multi-vehicle discount. Many insurance companies also offer discounts for drivers who have installed safety features in their cars such as anti-theft devices or airbags. Drivers should always check with their insurance company to see what discounts are available to them.

Additional Resources for Auto Insurance in Virginia

The Virginia Department of Motor Vehicles website has a wealth of information available for drivers in the state. The website includes information about the minimum requirements for auto insurance in Virginia as well as information about insurance companies and discounts. Drivers should be sure to visit the website to learn more about their auto insurance options. Additionally, drivers should always shop around and compare rates to make sure they are getting the best deal on their auto insurance.