Find the Cheapest Auto Insurance Quotes in Your Area
ValuePenguin.com analyzed car insurance premiums to give the state's 5.7 million licensed drivers an idea of the best auto insurance rates in Virginia. We studied rates by company, city, and profile, and found the overall average car insurance rate in the state to be $1,139 per year.
Drivers that get car insurance with Erie, the cheapest car insurance company we surveyed, can pay $684 per year for coverage—40% less than the Virginia average. However, as the insurer with the lowest auto premiums can vary by city, we recommend that you compare quotes to ensure you get the best price. Type your zip code above to start shopping quotes from the top auto insurance companies in your area.
Best Auto Insurance in Virginia
The best car insurance rates in Virginia can be found with Erie, The Cincinnati and Penn National. These three companies offered the most affordable auto premiums, with an average cost of $704 per year—38% less than the Virginia average. Furthermore, these insurers' car insurance quotes were over $1,500 less per year than those offered by Titan—the most expensive company we surveyed.
Find the Cheapest Auto Insurance Quotes in Your Area
Our study revealed that small regional insurers offered the cheapest car insurance rates in Virginia. None of the three cheapest auto insurance companies were among the largest auto insurers in the country. Among the top insurers in the country, Nationwide is the only company to rank among the five most affordable car insurance companies in Virginia.
|Company||Annual Auto Insurance Rate|
|National Grange Mutual||$985|
Cheapest Auto Insurance in Virginia by City
Our study revealed that the cheapest car insurance company varies by city—with six different insurance companies having the cheapest auto quote in a least one of the 57 cities we surveyed. These companies were The Cincinnati, Erie, Penn National, Nationwide, Auto Owners, and GEICO. Consult the table below to see which companies offer the best rates in your city.
|City||Insurance Company||Annual Auto Insurance Rate|
|Gate City||The Cincinnati||$564|
|Great Falls||The Cincinnati||$660|
|Falls Church||The Cincinnati||$660|
As the hometowns of Presidents George Washington and Gerald Ford, Alexandria, VA is a city steeped in history as well as one of the most expensive cities in Virginia for car insurance. The annual cost of insuring one's car in Alexandria was $1,267—which was 11% greater than the Virginia average. The most expensive insurer in Alexandria was Titan—which quoted our profile driver an annual rate of $2,616 per year. On the other hand, The Cincinnati offered the cheapest auto insurance rates, with rates of $660.
According to our study we found that the average cost of auto insurance for Richmond drivers to be $1,288 per year, which was the most expensive of the 57 cities we considered. Residents in this city can find the lowest rates with The Cincinnati, Erie, and Penn National. These companies offered our sample driver rates with an average cost of $776 per year. On the other end of the spectrum was Titan, with annual premiums of $2,436.
Virginia Beach, VA
Virginia Beach—the most populous city in Virginia with 447,000 residents—had an average auto insurance rate that was about even with the state average at $1,189 per year. However, drivers that get coverage with Erie, GEICO or Penn National—the three cheapest insurers in Virginia Beach—could save as much 35% on their auto insurance coverage compared to the citywide average.
With an average car insurance rate of $1,288, Norfolk ranks as the second most expensive city that we included in our study. Quotes for our Norfolk profile driver ranged from $720 with Erie, the cheapest insurer, to $2,148 with Titan—the most expensive car insurance company.
Our research revealed that the city of Roanoke had auto insurance rates that were 12% cheaper than the statewide average, at $999 per year for our profile driver. We found that drivers in this city that are insured with Titan could be drastically overpaying for auto insurance, as this insurer provided us with a quote of $1,956 per year for coverage. On the other end of the spectrum The Cincinnati featured the cheapest quote, with an annual premium of $516—almost one-quarter the cost of Titan's rate.
Average Cost of Car Insurance in Virginia: by City
The areas sampled in the study represent a blend of both large cities and smaller cities in rural areas. In general, across cities, there was not much variation in the cost of insurance. Waynesboro was the cheapest place to insure a car at $957 per year and Richmond, the most costly city in the sample, was 35% more expensive with a rate of $1,288.
|Rank||City||Average Car Insurance Rate|
Best Car Insurance Companies in Virginia
To determine the best auto insurance companies in Virginia, we decided to look into how many customer complaints each company received relative to their competitors. We analyzed the number of complaints and the amount of business for the top 90% of insurers in the state to calculate a complaint index. The complaint index compares the ratio of a company’s complaints and premiums to the state’s total auto insurance complaints and premiums. In Virginia, Northern Neck, Virginia Farm Bureau, Farmers, and Erie Insurance ranked as the four best companies based on this metric. Below are the insurers in Virginia ranked by the lowest (best) to highest complaint index (an index number of 1 indicates the average company in VA):
|Total Premiums Underwritten||# of Complaints||Complaint Index|
|Northern Neck Insurance Company||$14,690,278||0||0.00|
|Virginia Farm Bureau||102,147,111||1||0.05|
|Donegal Insurance Group||20,839,888||6||1.43|
|Agency Insurance Company||25,044,490||15||2.97|
|Elephant Auto Insurance||37,567,019||45||5.93|
Virginia Car Insurance Requirements
In Virginia, all drivers are required to carry a minimum amount of liability insurance, which coverage damage and injury to other people and their property you may be responsible for in the event of an accident. Below we've included the required minimum Virginia auto insurance limits:
- Bodily Injury Liability Insurance: $25,000 per person and $50,000 per accident
- Property Damage Liability Insurance: $20,000 per accident
The car insurance quotes in Virginia that we gathered were for a 30-year-old single male driving a 2011 Toyota Camry. Our profile driver had excellent credit and a clean driving record. The sample policy was for a full coverage policy with liability insurance above the state minimums.
These sample premiums are for illustrative guide purposes only. Actual auto insurance rates will differ based on the policy limits, vehicle driven, place of residence, driving record, and other factors in the underwriting guidelines of the car insurance company.