For infrequent drivers, one of the largest components that are looked at to help calculate auto insurance rates is where you call home in Virginia Beach. Regions with more people or even just more weather-related claims will most likely have higher rates, whereas areas with less people or fewer weather incidents can boast about having cheaper rates.
The following table ranks the highest-priced areas in Virginia for low mileage drivers to purchase a policy in. Virginia Beach makes the list at #18 with an annual cost of $910 for coverage, which is around $76 each month.
| Rank | City | Annual Rate |
|---|---|---|
| 1 | Burke | $1,068 |
| 2 | Lake Ridge | $1,042 |
| 3 | Centreville | $1,027 |
| 4 | McLean | $1,025 |
| 5 | Alexandria | $1,016 |
| 6 | Dale City | $1,008 |
| 7 | Arlington | $1,003 |
| 8 | Reston | $992 |
| 9 | Richmond | $975 |
| 10 | Norfolk | $970 |
| 11 | Newport News | $948 |
| 12 | Hampton | $943 |
| 13 | Chesapeake | $935 |
| 14 | Portsmouth | $934 |
| 15 | Tuckahoe | $929 |
| 16 | Suffolk | $928 |
| 17 | Danville | $922 |
| 18 | Virginia Beach | $910 |
| 19 | Leesburg | $904 |
| 20 | Ashburn | $902 |
| 21 | Charlottesville | $895 |
| 22 | Lynchburg | $851 |
| 23 | Roanoke | $831 |
| 24 | Harrisonburg | $800 |
| 25 | Blacksburg | $767 |
| Compare Rates Now Go | ||
Table data uses estimated as zip code location can lower or raise prices considerably.
The vehicle to be insured is a significant factor when comparing cheaper insurance for low mileage drivers. Vehicles with high performance, poor passenger safety features, or an increased likelihood of liability claims will cost substantially more to insure than more economical and safe models.
The list below shows car insurance rates for the most budget-friendly automobiles to insure in Virginia.
| Vehicle Insured | Estimated Cost for Full Coverage |
|---|---|
| Honda CR-V EX-L 4WD | $1,281 |
| Toyota RAV4 Limited 2WD | $1,291 |
| Chevrolet Silverado LS Extended Cab 4WD | $1,296 |
| Toyota Tacoma Double Cab 4WD | $1,317 |
| Jeep Wrangler Unlimited Sport Islander Package 4WD 4-Dr | $1,338 |
| Honda Accord LX-P 4-Dr Sedan | $1,341 |
| Toyota Corolla S | $1,360 |
| Ford Escape Limited 2WD | $1,372 |
| Chevrolet Equinox LTZ AWD | $1,386 |
| Toyota Prius | $1,388 |
| Ford Explorer Eddie Bauer 2WD | $1,405 |
| Dodge Grand Caravan CV | $1,413 |
| Honda Civic GX 4-Dr Sedan | $1,426 |
| Compare Cheap Rates Go | |
Price data assumes single female driver age 40, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Virginia minimum liability limits. Discounts applied include multi-vehicle, homeowner, safe-driver, claim-free, and multi-policy. Estimates do not factor in the specific area where the vehicle is garaged which can affect rates greatly.
Looking at the numbers, you can figure that makes and models like the Honda CR-V, Toyota RAV4, Chevrolet Silverado, Toyota Tacoma, and Jeep Wrangler are most likely going to be some of the cheaper vehicles to insure for infrequent drivers.
Finding cost effective auto insurance is difficult, and figuring out which companies quote the cheapest insurance rates for low mileage drivers will take additional perseverance. Each insurer uses a different method for setting rates, so we need to take a look at the most affordable insurance companies in Virginia Beach, VA.
Lowest Insurance Price Quotes in Virginia
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | Travelers | $679 |
| 2 | USAA | $688 |
| 3 | Penn National | $740 |
| 4 | Auto-Owners | $758 |
| 5 | Cincinnati Insurance | $763 |
| 6 | Erie | $780 |
| 7 | Utica National | $781 |
| 8 | The Hartford | $809 |
| 9 | Virginia Farm Bureau | $834 |
| 10 | Donegal Mutual | $886 |
| 11 | Nationwide | $963 |
| 12 | Allied | $982 |
| 13 | ALFA | $988 |
| 14 | GEICO | $1,026 |
| 15 | National Grange Mutual | $1,071 |
| 16 | State Farm | $1,099 |
| 17 | Chubb | $1,101 |
| 18 | Progressive | $1,209 |
| 19 | Electric | $1,216 |
| 20 | Amica | $1,229 |
| Find Your Rate Go | ||
Travelers has some of the cheapest car insurance rates in Virginia Beach at around $679 each year. USAA, Penn National, Auto-Owners, and Cincinnati Insurance also qualify as some of the more affordable Virginia Beach, VA insurance companies.
As shown above, if you are a customer of Penn National and switched to Travelers, you could see yearly savings of in the neighborhood of $61. Policyholders with Auto-Owners might save as much as $79 a year, and Cincinnati Insurance insureds might reduce rates by $84 a year.
To get a quick, customized rate comparison, click here or quote prices from the following companies.
Understand that those prices are averages across all types of insureds and vehicles and do not factor in an exact vehicle garaging location for low mileage drivers. 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 underscores the importance of why you need to get auto insurance quotes using your own driver information and specific vehicle type.
Buying coverage from a good quality auto insurance company can be challenging considering how many different companies insure vehicles in Virginia Beach. The company information shown below may help you select which car insurance companies to look at comparing price quotes from.
These rankings only include the largest auto insurers in America, so companies that focus mainly on Virginia business are not included in the list. To compare price quotes from many more Virginia auto insurance companies, simply click here.
Top 10 Large Auto Insurance Providers in Virginia Beach Ranked by Value
- Mercury Insurance
- Travelers
- American Family
- AAA Insurance
- Safeco Insurance
- Progressive
- The Hartford
- Erie Insurance
- Esurance
- The General
Full coverage rates compared to liability-only
Reducing premiums for insurance should be important to most drivers, and one great way to lower the cost of insurance for low mileage drivers is to buy only liability coverage. The chart below illustrates the difference between auto insurance rates with liability coverage only compared to full coverage. The price estimates are based on no violations or accidents, $250 deductibles, single status, and no additional discounts are factored in.
Averaged for all ages 20 through 70, full coverage costs $1,358 per year more than carrying just liability coverage. That is a significant amount which raises the question if buying full coverage is a good investment. There is no clear-cut formula for dropping comprehensive and collision coverage on your policy, but there is a general guideline you can use. If the yearly cost of comp and collision coverage is more than 10% of the settlement you would receive from your company, then it might be time to consider dropping full coverage.
For example, let’s pretend your vehicle’s claim settlement value is $3,000 and you have $1,000 policy deductibles. If your vehicle is destroyed, the most you would receive is $2,000 after the deductible is paid. If premium cost is more than $200 annually for comprehensive and collision coverage, then you might want to consider buying only liability coverage.
There are some scenarios where removing full coverage is not a good idea. If you still owe money on your vehicle, you must maintain physical damage coverage to satisfy the loan requirements. Also, if your savings is not enough to buy a different vehicle if your current one is in an accident, you should not buy liability only.
Safe drivers pay cheaper rates
In a perfect world, the best way to receive affordable insurance premiums in Virginia for infrequent drivers is to drive attentively and have a clean driving record. The chart below illustrates how traffic citations and fender-benders can increase auto insurance rates for different age categories. The rate quotes are based on a single male driver, full coverage, $100 deductibles, and no discounts are taken into consideration.
The data charted above shows the average cost of a car insurance policy in Virginia Beach per year with no violations or accidents is $1,481. Get written up for two speeding tickets and the average cost jumps to $1,964, an increase of $483 each year. Now add one accident along with the two speeding tickets and the yearly cost of insurance for low mileage drivers goes up to an average of $2,447. That’s an increase of $966, or $80 per month, just for being a less-than-perfect driver!