In a Nutshell
Could you be saving money on your Virginia car insurance? The average cost of car insurance in Virginia can vary based on your circumstances, like your driving history, vehicle, credit, age and coverage. We rounded up some of the lowest rates for minimum insurance for drivers in Old Dominion so you can make sure you’re not overpaying for coverage.Note from our editor: Maybe you’re searching for car insurance for the first time or want to do some insurance shopping to help lower your monthly premium? This article can serve as a starting point for your car insurance research. There are a lot of factors when it comes to the cost of car insurance, so while you may not see the exact premiums we’ve researched, they can give you an idea of some of the insurers offering the cheapest rates in your state.
Did you know Virginia is part of “America’s Favorite Drive,” the 469-mile Blue Ridge Parkway? While you’re out cruising Virginia’s scenic byways, it’s essential that your ride is protected. But that doesn’t mean you should be overpaying for car insurance.
We generated car insurance estimates on basic coverage for Virginia drivers to find the average cost of car insurance and the companies that offer the cheapest rates for several different driver needs. To get an accurate comparison, we based our calculations on a relatively neutral driver profile (see our full methodology).
Your rates may be higher or lower given your driving history and other factors that affect car insurance, like your age, vehicle type, mileage and coverage options.
Read on to learn about Virginia’s average car insurance rates and our findings for the cheapest options.
- Cost of car insurance in Virginia
- 5 cheapest car insurance companies in Virginia
- Cheapest state-minimum car insurance in Virginia
- Cheapest car insurance for good credit in Virginia
- Cheapest car insurance for poor credit in Virginia
- Cheapest car insurance for drivers with multiple claims in Virginia
- Cheapest car insurance for young drivers in Virginia
- Virginia auto insurance requirements
- Is usage-based insurance available in Virginia?
- FAQs about the cheapest car insurance rates in Virginia
- Methodology
Cost of car insurance in Virginia
Average monthly premiums for basic car insurance in Virginia range from just over $60 up into the $150s, depending on the type of coverage and driver profile.
Average monthly auto insurance premiums in Virginia
| Driver or coverage | Avg. monthly cost |
|---|---|
| State-minimum car insurance in Virginia | $66.06 |
| Drivers with poor credit in Virginia | $99.78 |
| Drivers with multiple claims in Virginia | $153.61 |
| Young drivers in Virginia | $131.79 |
5 cheapest car insurance companies in Virginia
The following five companies are the cheapest car insurance companies in Virginia for minimum coverage for our Virginia driver profile. As outlined in our methodology, this Virginia driver is between 36 and 45 years old, is driving a car worth $20,000 to $30,000, and has no coverage gaps or tickets. Your rates may be different.
1. Cincinnati Insurance
Founded in 1951, Cincinnati Insurance exclusively sells auto, home, umbrella and life insurance through independent agents. Optional add-on features include rental car coverage, gap coverage and antique or collector car insurance. Discounts are available for good grades, bundled policies and safe driving history.
2. Virginia Farm Bureau
Virginia Farm Bureau offers standard car insurance policies along with a variety of add-ons. Optional choices range from new vehicle replacement and rideshare insurance to pet coverage and electronic equipment protection. You must be a member to be eligible for Virginia Farm Bureau insurance products.
3. National Grange Mutual
National Grange Mutual, or NGM, is the flagship insurance carrier for Main Street America Insurance. In addition to standard car insurance, customers can choose from additional coverage options, including new vehicle replacement, emergency roadside assistance, road trip interruption and gap coverage. NGM offers ways to save premiums, including discounts for good students and bundling your policies.
4. Travelers
Travelers car insurance is available in most states and offers customers who remain accident- and violation-free with a decreasing deductible every six months. Standout coverage options include new-car replacement coverage and accident forgiveness. Prospective customers can get a quote online, over the phone or through a local agent. Read reviews of Travelers to learn more.
5. Penn National
Founded in 1919, Penn National offers various insurance products in some midwestern and eastern states. In addition to the range of standard coverage options, drivers may be eligible for a handful of car insurance discounts for things like bundling multiple policies or multiple cars, paying their premium in full, having certain safety features like antilock brakes and seatbelts and maintaining good grades.
Cheapest state-minimum car insurance in Virginia
The cheapest kind of car insurance to buy, in most cases, is state-minimum insurance. This is the minimum coverage that is legally required by your state to drive your car.
If you’re looking for state-minimum insurance only, check out the five insurers in the table that follows.
5 cheapest car insurance companies in Virginia for state-minimum coverage
| 1 | Cincinnati Insurance | $39.13/month |
| 2 | Virginia Farm Bureau | $40.63/month |
| 3 | National Grange Mutual | $40.92/month |
| 4 | Travelers | $44.04/month |
| 5 | Penn National | $46.00/month |
Cheapest car insurance for good credit in Virginia
Have a credit score in the 700s? Nice work! You may pay less for your insurance premiums if you have a higher credit score.
These five companies offer the lowest minimum-coverage rates for Virginia drivers with good credit.
5 cheapest car insurance companies in Virginia for those with good credit
| 1 | Virginia Farm Bureau | $31.78/month |
| 2 | Auto-Owners Insurance | $33.15/month |
| 3 | Cincinnati Insurance | $34.01/month |
| 4 | National Grange Mutual | $34.08/month |
| 5 | Travelers | $34.60/month |
Cheapest car insurance for poor credit in Virginia
Your credit-based auto insurance score can influence how much you pay for car insurance. In general, drivers with less-than-great credit pay slightly more for car insurance — all else being equal — than drivers with better credit.
These five companies have the lowest rates for minimal coverage for Virginia drivers with bad credit.
5 cheapest car insurance companies in Virginia for those with poor credit
| 1 | Virginia Farm Bureau | $62.29/month |
| 2 | Geico | $62.57/month |
| 3 | Travelers | $66.63/month |
| 4 | Mercury | $70.15/month |
| 5 | Cincinnati Insurance | $72.83/month |
Cheapest car insurance for drivers with multiple claims in Virginia
You may have to pay more for your car insurance if you have multiple claims or accidents on your recent history. Generally, the cleaner your driving and claims histories, the less you’ll pay for coverage.
The following insurance companies offer the lowest premiums for basic coverage for drivers in Virginia with multiple claims.
5 cheapest car insurance companies in Virginia for multiple claims
| 1 | National Grange Mutual | $58.63/month |
| 2 | Penn National | $77.67/month |
| 3 | Virginia Farm Bureau | $80.54/month |
| 4 | Cincinnati Insurance | $81.21/month |
| 5 | Geico | $99.95/month |
Cheapest car insurance for young drivers in Virginia
Many insurers raise the rates of car insurance for policies that include young drivers because they’re considered riskier to insure. But young drivers may still find basic-coverage car insurance for around $60 a month in Virginia.
Here are the five cheapest insurance companies for Virginia drivers between 18 and 21 who are looking for minimum coverage.
5 cheapest car insurance companies in Virginia for young drivers
| 1 | Travelers | $67.33/month |
| 2 | Virginia Farm Bureau | $72.79/month |
| 3 | National Grange Mutual | $88.29/month |
| 4 | Encompass | $88.71/month |
| 5 | Geico | $91.09/month |
Virginia auto insurance requirements
For policies effective between Jan. 1, 2022, and Dec. 31, 2024, Virginia requires a minimum of $30,000 per person and $60,000 per accident for bodily injury liability coverage. It also requires $20,000 of coverage for property damage. Those minimums are going up, though. For policies that take effect after Jan. 1, 2025, they are $50,000, $100,000 and $25,000.
If you have a car loan or lease, your coverage responsibilities will likely be more extensive.
Is usage-based insurance available in Virginia?
Usage-based insurance is vehicle insurance that allows customers to pay premiums based on their driving skills. In Virginia, insurers may offer UBI programs, sometimes called telematics, to help safe drivers save money.
FAQs about the cheapest car insurance rates in Virginia
Average monthly premiums for basic car insurance in Virginia range from just over $60 up into the $150s for minimum coverage, depending on the type of coverage and driver profile.
Insurers consider several factors to determine the cost of your car insurance, such as your age, driving history and type of coverage. To get the cheapest car insurance, be sure to shop around to ensure you’re getting the right amount of coverage for your needs and qualify for as many discounts as possible.
Methodology
This article’s estimated rates are the lowest for minimum coverage based on the profile of a driver age 36 to 45 living in Virginia. Unless otherwise noted, the rates displayed assume a single driver on the insurance policy with no tickets on their driving record and no claims or coverage lapses. The vehicle used in this estimate is valued between $20,000 and $30,000 and has annual mileage of 12,000 to 15,000. Estimated rates for insurance for good credit apply to scores of 720 or higher. Estimated rates for insurance for poor credit apply to scores from 350 to 579. Estimated rates for young drivers include those age 18 to 21. Estimated rates for those with multiple claims are calculated based on two claims.
Note that the rates are provided every six months by Quadrant Information Services. Quadrant Information Services doesn’t include all insurance companies in its rate data. These are estimated rates meant only to provide a frame of reference and comparison. Your rates may vary depending on a range of factors, such as your age, vehicle driving habits and history.
Average monthly premium for full coverage car insurance includes bodily injury, property damage, uninsured motorist, personal injury protection, collision and comprehensive coverages. Average monthly premium for state-minimum car insurance includes Virginia-mandated 30/60/20 insurance policy.