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Best Virginia Auto Insurance Company - Although living costs are slightly higher in Virginia than the national average, you’ll be glad to know that your car insurance costs fall below the average. Good use for that extra money? Bring your policy to include comprehensive coverage and collisions. Virginia does not need it, but this extra support on the policy covers a wide range of accidents.
Comprehensively protects you from car theft, natural disasters, and other non-accident related damage. And unless you’re still driving your twenty-year-old father’s car, the collision gives you a sense of security knowing you’ll be able to pay for repairs if you’re stuck in a T-bone.
Virginia Minimum ObligationThe state of Virginia mandates that your insurance policy meets this minimum:
$ 25,000 coverage of bodily injury per person
$ 50,000 coverage of body injuries per accident
$ 20,000 coverage of property damage per accident
You must have uninsured motorist coverage / same insurance coverage, to help pay for injury or damage if you have an accident with an uninsured or uninsured driver, or if you are involved in a “hit-and-run” accident. Usually this coverage is written as: 25/50/20, and so we will refer them to the rest of this review.
Of course, you can (and probably should) consider a higher coverage rate than the minimum amount, since medical bills and other expenses after an accident can accelerate, but if your finances are tight, this is as low as you can and is still considered legally insured.
Choosing the best policy is more than just the amount of your premium. We want to think of it as three C’s: cost, coverage, and claim.
If you have a fantastic policy with a very affordable premium, but you feel annoyed when filing a claim, that’s not a good policy. Similarly, if a company has outstanding customer service, but it charges triple to the next company – it may not be worth it.
Great policy will balance these three policies, offering you a solid policy with adequate coverage at a reasonable price and with a reputation for paying claims immediately. How do you find the magic policy? We recommend that you get started by reading our reviews about the best car insurance company in Virginia, and then take your new knowledge for a test drive with our quotation tool, below.
How We Find the Best Car Insurance in Virginia
To find the best car insurance in Virginia, we follow the methodology we use in our national review of the best auto insurance: We see what consumer agencies like JD Power and Consumer Reports say about the company, as well as financial analysis group MY Best, S & P Global, and Moody’s, which rank each of our companies based on their financial stability.
Then we browse the websites of each company. We provide credit for easy-to-use quotation tools and for the quality of educational information on the site. Insurance is a complicated industry, and a good company will arm their customers with the knowledge to make educated decisions about their needs.
We go ahead and get an online offer for a fairly popular car: the Honda CR-V 2015. It goes without saying that your quote, even if you happen to have a Honda CR-V 2015, will differ based on your profile and other drivers in your home, as well as the coverage you choose. With each company, we take into account the number and range of discounts available, and the level of adjustment you have with your policy.
We also talked with industry experts and studied more in the industry publications to find out what others are saying about our company. Through it all, we record the company’s reputation for these three words “C”: cost, coverage, and claim. Here’s how the top five companies (based on market share) in Virginia rank:
Virginia Auto Insurance Reviews
1. GeicoGeico is a 800-pound gorilla in the insurance world: he insures more car owners in Virginia than any other company. Getting an online offer took us all out of seven minutes, and questions asked all the right things so that the tool could identify a $ 113 discount for us.
Pay special attention to Geico’s list of more than 500 organizations getting discounted. This includes, among other things, many military, educational, and professional associations. It even gives you a discount if you subscribe to National Geographic or Smithsonian magazines. In the end, Geico gave us the cheapest quote, $ 166 for six months, from our five finalists
Unlike many companies, there is no central blogging information on Geico’s site, but there are many FAQ sections, along with features like cheap gas seekers and lots of educational information about purchasing and car insurance.
Geico score also with consumer agents as well. J.D. Power gives it three out of five ratings for the overall customer experience, and four out of five for claims experience. The Consumer Report Reader Score is 89, which places him in a tie for second place among our five, behind USAA. CR simplicity of the process scores is “excellent” and the value of paying on time “is very good,
2. USAAUSAA seems to have it all. Its financial rating through the roof. Customer service reviews are the best. The Consumer Report Reader provides an unheard of Reader Score of 95 and is “excellent” in both simple claims and timely payments.
So why not at the top of our list? Due to one significant restriction: Companies only serve their needs in military service and their families. We can not even get an offer because we do not have a military mandate.
But there are 27 military bases in Virginia, and about 115,000 active members and military reserves in the state, not to mention their families and those who have retired from the armed forces, and for them, USAA is a good choice.
As you can imagine, the scope is tailored to those within the military service. You can get discounts up to 60 percent, for example, if you are placed and put your car in storage. If you keep your car on base, you can save up to 15 percent. The company also lets you make payments based on your military payment schedule.
In addition, it has regular discounts for safe, multi-car and / or multi-policy driving (if you already use USAA for your homeowner or life insurance policy, for example). His “suggestions” section contains articles about buying and selling your car, and maintaining and protecting it once you buy it. Although not as extensive as resources on the State Farm website, you will find a lot of useful content on the USAA site.
3. NationalNationwide has a dedicated Virginia webpage that displays discounts and support only to state residents and agent listings in Virginia. As with all our competitors, getting a quote is pretty simple, it takes about ten minutes to answer questions about cars and drivers. We counted 11 possible discounts, including one for drivers older than 55, and one for those who were members of more than 400 groups, including alumni, professionals, and sports associations.
The quote we got for our Honda CR-V was $ 228 per six months, a little steeper than some of our other options, but not too silly. Nationwide offers substantial discounts – up to 25 percent – for its SmartRide program, which is similar to the State Farm Safe and Save initiative. The company tracks your driving habits for a certain period of time and then gives you a discount based on how safely you drive. Although it may feel a bit invasive, you can not beat the savings.
It gets good reviews, but not good, from consumer watchdog organizations like J.D. Power and Consumer Report. Score CR Readers Scores 88 puts him in a tie for last place among our rivals alongside Allstate, and JD Power only gives it two out of five for the overall score, but even the ratings show that it does its job well – just not like the others on the list we.