Wouldn’t it be perfect if we could look into our crystal ball and tell you the best company in Virginia Beach that has the cheapest rates for a school permit? Unfortunately, it’s just not that easy, as there are a ton of unknown factors like the safety features built into your vehicle, how far you drive each year, and if you own a home, that all impact the price you pay. We will try to cover the different ways you can keep rates low and hopefully give you enough understanding to have a jump start in finding the best auto insurance in Virginia Beach.
For a learners permit, one of the largest factors that are used to help calculate car insurance rates is your address in Virginia Beach. Cities with larger populations tend to have higher rates, whereas areas with lower crime rates and fewer weather claims get the luxury of paying less.
The following table rates the most expensive cities in Virginia for a school permit to buy car insurance in. Virginia Beach comes in at #19 having an annual price of $920 for car insurance, which is about $77 each month.
| Rank | City | Annual Rate |
|---|---|---|
| 1 | Burke | $1,057 |
| 2 | Alexandria | $1,047 |
| 3 | Lake Ridge | $1,042 |
| 4 | Centreville | $1,037 |
| 5 | McLean | $1,015 |
| 6 | Dale City | $1,008 |
| 7 | Richmond | $985 |
| 8 | Reston | $983 |
| 9 | Arlington | $973 |
| 10 | Portsmouth | $963 |
| 11 | Norfolk | $960 |
| 12 | Hampton | $943 |
| 13 | Tuckahoe | $939 |
| 14 | Suffolk | $937 |
| 15 | Chesapeake | $926 |
| 16 | Danville | $922 |
| 17 | Ashburn | $920 |
| 18 | Newport News | $920 |
| 19 | Virginia Beach | $920 |
| 20 | Charlottesville | $895 |
| 21 | Leesburg | $895 |
| 22 | Lynchburg | $851 |
| 23 | Roanoke | $823 |
| 24 | Blacksburg | $791 |
| 25 | Harrisonburg | $784 |
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Information shown are comparative as specific Virginia Beach zip code can modify coverage rates noticeably.
Determining which company offers the best auto insurance rates for a school permit will require a little more work in order to find the lowest price.
Each auto insurance company uses a slightly different approach to determine premium rates, so we will examine the auto insurance companies that tend to have lower prices in Virginia Beach, VA. We do need to point out that Virginia Beach, VA auto insurance rates are impacted by many things that will increase or decrease the price of your policy. Simply getting older, becoming a homeowner, or getting a ticket for running a stop sign can trigger price changes that can make some companies cheaper than competitors.
Cheapest Insurance Rates for Students
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | Travelers | $673 |
| 2 | USAA | $695 |
| 3 | Penn National | $740 |
| 4 | Cincinnati Insurance | $763 |
| 5 | Auto-Owners | $765 |
| 6 | Utica National | $781 |
| 7 | The Hartford | $801 |
| 8 | Virginia Farm Bureau | $802 |
| 9 | Erie | $804 |
| 10 | Donegal Mutual | $886 |
| 11 | Nationwide | $925 |
| 12 | Allied | $982 |
| 13 | GEICO | $996 |
| 14 | ALFA | $1,028 |
| 15 | National Grange Mutual | $1,060 |
| 16 | Chubb | $1,101 |
| 17 | State Farm | $1,132 |
| 18 | Electric | $1,180 |
| 19 | Progressive | $1,259 |
| 20 | Amica | $1,279 |
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Travelers may have some of the lowest car insurance rates in Virginia Beach at around $673 each year. USAA, Penn National, Cincinnati Insurance, and Auto-Owners are also some of the lowest-priced Virginia Beach, VA car insurance companies.
In the above example, if you currently have a policy with USAA and switched to Travelers, you may see annual savings of in the vicinity of $22. Virginia drivers with Penn National may save as much as $67 a year, and Cincinnati Insurance policyholders might realize rate reductions of up to $90 a year.
To find out how much you can save, click here to begin a quote or click through to the companies below.
It’s important to note that these policy prices are averages across all ages of drivers and types of vehicles and and are not calculated with a vehicle location for a school permit. So the insurer that can offer the best rates for your situation may not even be in the top 30 companies in the list above. That point stresses why you need to compare rates from as many companies as possible using your own individual information.
Liability-only versus full coverage
Saving money on auto insurance is the goal of most vehicle owners, and a great way to buy cheaper insurance for a school permit is to not buy comprehensive and collision coverage. The information below illustrates the difference between insurance premiums with and without physical damage coverage, medical payments, and uninsured/under-insured motorist coverage. The costs are based on no accidents or driving violations, $1,000 deductibles, single status, and no discounts are applied to the premium.
If we average all the age groups together, full coverage on your policy costs $1,447 per year more than just buying liability insurance. That brings up the question if you should buy full coverage at all. There isn’t a written rule for eliminating physical damage coverage, but there is a general school of thought. If the annual cost of coverage is more than around 10% of replacement cost minus your deductible, then it could be time to drop full coverage.
The chart below illustrates how choosing a deductible can raise or lower premium costs when quoting cheap insurance for a school permit. Data assumes a single male driver, full physical damage coverage, and no additional discounts are factored in.
The chart above illustrates that a 30-year-old driver could pocket $322 a year by changing from a $100 deductible to a $500 deductible, or save $486 by switching to a $1,000 deductible. Youthful drivers, like the 20-year-old category, can cut $956 or more by using a higher deductible.
When increasing deductibles, it will be required to have enough savings to satisfy the extra out-of-pocket expense, which is the one inconvenience of using high deductibles.
The auto insurance agents in Virginia Beach shown below can probably aid you in deciding which is the best policy, since lots of people like to have some advice when shopping around for cheaper insurance for a school permit. It can be challenging to do it yourself, and insurance agents can give comfort knowing you have sufficient protection if you have a claim.
To find an agent close to where you live, click the link at the bottom.
Rhonda Floasin – State Farm Insurance Agent
1115 Independence Blvd #214 – Virginia Beach, VA 23455 – (757) 363-7376
Towne Insurance
301 Bendix Rd #300 – Virginia Beach, VA 23452 – (757) 468-6100
Mike McDonald – State Farm Insurance Agent
2122 General Booth Blvd #102 – Virginia Beach, VA 23454 – (757) 721-3300
View map of Virginia Beach, VA insurance agents
How to find budget-friendly car insurance for a school permit
It is possible to find better rates, and here are some of the better thrifty suggestions that can help you get cheaper coverage.
- Staying accident-free helps keep rates low
- Improve your credit score
- Try to not file small claims
- Speeding tickets and other violations increase rates
- Lower rates by purchasing a safer vehicle
- Shop around and save
The final tip is remarkably significant, as we hit on in this article. Auto insurance prices in Virginia Beach fluctuate constantly, so don’t be unwilling to buy a policy from a new company if a cheaper price is available.
Sticking with a specific company is fine, but is isn’t recommended if that loyalty ends up costing a lot of money. It only takes a couple minutes to shop around and find cheaper insurance for a school permit.