Car Insurance in Virginia - A Critical Review

1. Car Insurance in Virginia - A Critical Review Car Insurance Car Insurance protects you from expenses related to injury or repairs in case of accidents. Coverages such as uninsured motorist, comprehensive or collision in case of fault of other driver while driving illegally or without insurance protect you in case of any damage. Legal Provisions Related to Auto Insurance in Virginia If you are caught with a registered but uninsured car in an accident in Virginia, you will be imposed fines, license suspension and auto impound. Virginia State requires you to insure your car before you can register it. You or your insurance company must provide electronic updates when they provide a new policy or cancel a policy for vehicles registered in Virginia. Virginia State law asks for reduction in insurance premium for cars of the elderly persons above 55.

2. Factors affecting Car Insurance Rates How much you pay as insurance premium depends on your car, age, gender, marital status, your coverage, credit history, driving record and your location. Regulating Agencies for Car Insurance in Virginia Virginia Bureau of Insurance Virginia Department of Motor Vehicles Insurance Information Institute National Association of Insurance Commissioners Guidelines for Getting Cheapest Car Insurance in Virginia Average auto insurance rates are $842 per year against national average of $1009. You may lower the costs of car insurance in following ways. Raise query and seek answer for the discounts available for good driving habits, anti-theft devices, multiple cars on one policy, grouping your car insurance with homeowners or renter policy, automatic or online payments and driving a hybrid or electric car. Eliminate duplicate or unnecessary coverage Check low-cost auto insurance program offered under state law Comparison of quotes from different insurance providers