Cheapest Car Insurance Quotes in Richmond

On average, auto insurance in Richmond costs about $102 per month for minimum coverage liability insurance and about $125 per month for full coverage insurance. Richmond drivers pay 1% more rates than the average.

With dozens of popular insurance companies to choose from, finding the best rate can be tricky. The easiest way to find affordable rates without compromising coverage is to shop around and compare car insurance quotes.

Many Richmond drivers have found affordable coverage with help from the Jerry Insurance Agency, which aggregates quotes to help drivers pick the best policy. Below are some of the cheapest car insurance quotes Jerry found for our Richmond customers.

Insurance Company	Premium (monthly)	Zip Code	Age	Car	Insurance Coverage	Has Full Coverage
National General	$113	23223	36	Dodge Grand Caravan Sxt	30/60	No
Electric	$309	23236	24	Hyundai Elantra Se	30/60	Yes
Electric	$651	23227	19	Nissan Altima Sv	100/300	Yes
National General	$275	23223	33	Acura Rdx	50/100	Yes
Progressive	$467	23223	28	Dodge Challenger Sxt Plus	100/300	Yes

Last Updated Nov 29, 2024

Best car insurance companies in Richmond

Here’s a reality check: there’s no one insurance company that guarantees the best car insurance (and lowest rate) for every single driver. Every Richmond driver is unique, and so are their premiums.

To find the best rates, you need to compare quotes from many auto insurance companies. Your personal driver profile and your coverage needs will determine which company is best for you.

To help Richmond drivers better compare the cheapest car insurance companies, Jerry conducted a major insurance survey. The data reveals that State Farm and USAA tend to offer the lowest premiums in Richmond, but you may not be eligible for the best of these rates. The most common insurance companies in Richmond are State Farm, USAA, Progressive, Allstate, and Nationwide, but only State Farm’s rates are lower than the Virginia state average.

Here’s a look at some real reviews from Richmond drivers about their insurance companies.

The table below shows how drivers in Richmond rate different companies on a scale of 0 to 5.

Insurance company	Overall rating	Price	Claims experience	Customer Service
Progressive	4.2	3.7	3.7	4.3
Liberty Mutual	4.2	3.6	N/A	4.8
Geico	4.1	3.3	4.4	4.2
State Farm	4	3.5	4	3.9
Allstate	3.9	4.2	N/A	4.1

Best cheap car insurance quotes in Richmond

Virginia laws require all Richmond drivers to carry minimum liability insurance of 30/60/20, including property damage liability and bodily injury liability coverage.

Drivers must also carry uninsured motorist coverage to at least the same limits.

Cheap minimum liability insurance quotes in Richmond

Let’s break down the minimum required liability coverage for Richmond drivers:

• $30,000 per person of bodily injury liability coverage
• $60,000 per accident of bodily injury liability coverage
• $20,000 per accident of property damage liability

But that’s not all—just over 10% of Virginia drivers are uninsured. That’s why Virginia also requires uninsured motorist (UM) coverage for all Richmond drivers.

UM coverage must include the same levels of protection as liability coverage. Underinsured coverage is similar, but it kicks in when the person doesn’t have enough coverage.

Virginia is an at-fault state. If you get into an accident in Richmond with a driver who does not have insurance, you’ll have no recourse for damages with liability-only coverage. But with UM coverage, you’re safe.

Here are the required coverage levels for UM in Richmond:

• $30,000 in uninsured motorist bodily injury per person
• $60,000 in uninsured motorist bodily injury per accident
• $20,000 in uninsured motorist property damage per accident

Under the Virginia state code, no Richmond driver is exempt from these requirements.

You can find affordable minimum liability and uninsured motorist coverage in Richmond with help from Jerry.

Do you need more than minimum coverage in Richmond?

You won’t be breaking any laws if you stick with the minimums, but many Richmond drivers prefer higher limits to get more protection in the event of a serious car accident.

Consider the costs after a major crash. From medical expenses to car replacement fees, you could be sued for hundreds of thousands of dollars if you cause a crash. Virginia’s minimum coverage may not cover all these fees—which means you’d be on the hook.

It’s smart to get as much liability coverage as you can afford, and the extra protection may not cost you as much as you think. Check out some sample rates below.

The bottom line: For better financial protection, you should consider 50/100/50 or 100/300/100 liability coverage—or get full coverage on your car.

Cheap full coverage car insurance quotes in Richmond

Did you know that liability coverage only protects other people? Full coverage in Richmond is the only way to protect yourself and your car, whether from storm damage or traffic accidents.

A full coverage policy includes comprehensive and collision coverage.

Collision coverage: If your car is damaged in a collision, this coverage will pay for repairs.

Comprehensive coverage: If you suffer non-collision damage—like theft, storm damage, or vandalism—this coverage will kick in.

A lender can require you to carry full coverage on a financed vehicle. That’s because they want to protect their investment while it’s being paid off. Make sure you consult with your lender before selecting an insurance policy in Richmond.

Here’s a breakdown of Richmond full coverage car insurance costs.

Insurance Company	Premium (monthly)	Age	Zip Code	Car	Insurance Coverage	Has Full Coverage
Electric	$309	24	23236	Hyundai Elantra Se	30/60	Yes
Electric	$651	19	23227	Nissan Altima Sv	100/300	Yes
National General	$275	33	23223	Acura Rdx	50/100	Yes
Progressive	$467	28	23223	Dodge Challenger Sxt Plus	100/300	Yes
Electric	$657	49	23234	Dodge Grand Caravan Sxt	50/100	Yes

Last Updated Nov 29, 2024

The easiest and fastest way to find the cheapest car insurance in for your preferred coverage option is to compare car insurance rates online.

Jerry, a top insurance agency, offers a free app that compares car insurance quotes and provides end-to-end service to customers with the help of 100+ licensed insurance agents.

Average cost of car insurance in Richmond

In helping hundreds of Richmond drivers find cheaper rates, we found the average cost for minimum liability coverage to be $102 per month or $1,224 per year.

The average cost for full coverage insurance in Richmond is $125 per month or $1,497 per year.

Don’t jump to any conclusions! These are average rates, but you’re probably not the average Richmond driver. You might have a better driving history—or maybe a few tickets on your record. Your unique driver profile will be the source of your unique rate.

Average cost of car insurance in Richmond by zip code

Zip code is a key indicator of risk. In some zip codes within Richmond, there’s a higher incidence of auto theft claims. In other areas, the rate of traffic accidents is higher. That’s why your zip code plays a key role in determining your rate.

If you live in a “high risk” zip code in Richmond that’s extra prone to accidents that could trigger a claim, you’ll be charged more for coverage.

Zip Code	Average State Minimum Coverage Rate	Average Full Coverage Rate
23220	$87	%158
23222	$88	$174
23223	$85	$174
23227	$58	$132
23230	$74	$156

Car insurance quotes in Richmond by rating factors

Insurance companies in Richmond use many rating factors when deciding your auto insurance premium:

• Your driving record and claims history: A pattern of traffic violations and accidents signals that you’re likely to get into more trouble—and you’ll pay more for coverage.
• Your age: Drivers younger than 25 years old will pay higher insurance rates as insurance companies consider young drivers a higher risk due to limited driving experience.
• Your credit score: If you have good credit (over 750), you’ll get the cheapest rates. Drivers with bad credit pay a lot more for coverage.
• The kind of car you have: Luxury and sports cars come with higher insurance price tags.
• Where you keep your car: Rates are likely higher if you regularly park your car in a neighborhood with a higher incidence of auto insurance claims.
• How you use your car: More frequent usage means higher insurance rates, due to the increase in risk.

Cheap car insurance quotes in Richmond after driving violations

Driving violations in Richmond not only carry fines and legal penalties, but they can drive up the cost of insurance, too. If you have a long list of violations on your record, you’ll be tagged a high-risk driver. You can still find coverage, but your policy will cost more than the average Richmond driver’s.

Cheapest car insurance in Richmond after speeding ticket

Break the speed limits in Richmond and you’ll be penalized according to how high over the speed limit you were traveling. The speeding fines in Virginia increase by mile increments, not to mention the extremely high fines for reckless driving.

But speeding tickets also matter a lot when it comes to insurance rates for Richmond drivers.

To find affordable coverage with a speeding ticket on your record, turn to Jerry—here’s how we helped other Richmond drivers in your position.

Speeding Type	Insurance Company	Premium (monthly)	Age	Zip Code	Car	Insurance Coverage	Has Full Coverage
Speeding 16-20	Progressive	$467	28	23223	Dodge Challenger Sxt Plus	100/300	Yes
Speeding 16-20	National General	$183	29	23224	Toyota Sienna Ce	30/60	Yes
Speeding 16-20	Electric	$431	21	23227	Nissan Altima 2.5	30/60	Yes
Speeding 16-20	Assurance America	$73	45	23229	Honda Civic Ex	30/60	No
Speeding Violation-Minor	Electric	$119	45	23225	Dodge Charger	30/60	No

Last Updated Nov 29, 2024

Cheapest car insurance in Richmond after DUI

Virginia considers all intoxicated violations to be DWIs—and the state has strict laws with serious penalties. Any DUI conviction in Richmond will cause your insurance rates to skyrocket, and some companies might refuse to cover you.

Finding insurance in Richmond after a DUI can be complicated, but Jerry has helped tons of drivers.

Cheapest car insurance in Richmond after an at-fault accident

The truth is that causing an accident is a clear sign to insurance providers that you’re a risky driver. But it’s also true that you can still shop around to find a good rate—and Jerry can help.

Here are some sample insurance rates for Richmond drivers who have at-fault accidents on record.

Accident Type	Insurance Company	Premium (monthlyl)	Age	Zip Code	Car	Insurance Coverage	Has Full Coverage
At Fault With No Injury	National General	$113	36	23223	Dodge Grand Caravan Sxt	30/60	No
At Fault With No Injury	National General	$275	33	23223	Acura Rdx	50/100	Yes
Not At Fault	Progressive	$467	28	23223	Dodge Challenger Sxt Plus	100/300	Yes
At Fault With No Injury	Electric	$657	49	23234	Dodge Grand Caravan Sxt	50/100	Yes
At Fault With No Injury	National General	$183	29	23224	Toyota Sienna Ce	30/60	Yes

Last Updated Nov 29, 2024

Cheapest car insurance in Richmond after other driving violations

Breaking even one of the traffic laws in Richmond could have a negative impact on your rates. Yes, even following too closely behind another vehicle could go on your record.

Check out this list of common traffic violations in Richmond, and see how they affect car insurance rates.

Violation	Insurance Company	Premium (monthly)	Age	Zip Code	Car	Insurance Coverage	Has Full Coverage
Other Minor	Electric	$309	24	23236	Hyundai Elantra Se	30/60	Yes
Improper Passing	Electric	$657	49	23234	Dodge Grand Caravan Sxt	50/100	Yes
Suspension	National General	$114	32	23225	Mercury Sable Gs	30/60	No
Operating Vehicle without Permission	Electric	$391	31	23236	Chevrolet Silverado C1500	30/60	Yes
Failure to Obey Signal	Electric	$266	25	23231	Ford Focus Se	30/60	No

Last Updated Nov 29, 2024

Cheap car insurance quotes in Richmond by age

Very old and very young drivers face higher than average rates in Richmond. Older drivers face more risks in an accident, and younger drivers have less experience behind the wheel. If you’re younger than 25 or older than 75, expect to pay more for coverage in Richmond.

Cheapest car insurance in Richmond for young drivers

More specifically, teen drivers under the age of 19 or with a provisional license will pay the absolute highest rates for coverage. This is one reason why we recommend full coverage for any young driver, especially if they’re driving a newer vehicle.

Cheapest car insurance in Richmond for senior drivers

Golden years come with golden price tags, unfortunately. Senior drivers are more vulnerable to serious injury in a car accident, which is why car insurance companies charge them more for coverage.

Cheap car insurance quotes in Richmond based on insurance history

If you don’t maintain car insurance coverage consistently, the companies will see a lapse in coverage on your record. That’s a big red flag, and gaps in coverage usually trigger an increase in your premium.

Jerry customers benefit from regular reminders to avoid lapses in coverage. We also help people with lapses find coverage again, like the Richmond drivers below.

Cheap car insurance quotes in Richmond for drivers with poor credit

While credit has nothing to do with your driving habits, data shows that people with poor credit tend to file more insurance claims. So if your credit score is under 600, you can expect to be charged a higher rate for coverage in Richmond.

Credit Range	Insurance Company	Premium (monthly)	Age	Zip Code	Car	Insurance Coverage	Has Full Coverage
550-659	National General	$113	36	23223	Dodge Grand Caravan Sxt	30/60	No
550-659	Electric	$309	24	23236	Hyundai Elantra Se	30/60	Yes
660-750	Electric	$651	19	23227	Nissan Altima Sv	100/300	Yes
550-659	National General	$275	33	23223	Acura Rdx	50/100	Yes
550-659	Progressive	$467	28	23223	Dodge Challenger Sxt Plus	100/300	Yes

Last Updated Nov 29, 2024

Cheap car insurance quotes in Richmond for popular cars

The car you drive has a big influence on how much you pay for coverage in Richmond. A souped up Range Rover should cost more to insure than a practical Camry, right?

Here are some of the most popular cars in Richmond:

• Honda CR-V
• Ford F-150
• Toyota RAV4
• Honda Civic
• Honda Accord

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Learn more: How to get car insurance before buying a car

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Popular Car	Insurance Company	Premium (monthly)	Age	Zip Code	Insurance Coverage	Has Full Coverage
Honda Civic Ex-L	Electric	$147	46	23222	30/60	No
Honda Civic Sport	National General	$154	62	23227	30/60	Yes
Honda Accord Ex-L	Electric	$325	39	23224	30/60	Yes
Honda Civic Ex	Assurance America	$73	45	23229	30/60	No
Honda Accord Exl	Trexis	$229	53	23231	30/60	Yes

Last Updated Nov 29, 2024

Cheapest car insurance in Richmond for new vs. old car

Newer cars cost more to insure, in general. If you drive a car older than 10 years old, you can save a ton of money on insurance in Richmond. But if you’re determined to drive a brand new car, expect top-notch premiums.

Our data revealed that the average insurance cost for a car older than 10 years is $111 per month. The average cost for insuring a car less than four years old goes up to $118 per month.

How to lower car insurance costs in Richmond

1. Shop around and compare quotes

Every insurance company operates by a unique set of rules to determine your premium, and these rules are in a constant state of flux. Seasoned experts recommend comparing quotes from a minimum of three companies to find the lowest rate. They also say you should shop around every six months.

Jerry is an insurance comparison app that makes the mind-numbing shopping process a breeze. In 45 seconds, Jerry taps into a vast pool of over 55 top-tier insurance providers.

2. Hunt for car insurance discounts

Every insurance company offers a set of discounts, but the exact discount offered varies by company. Some common discounts include:

• Good driver discounts. Drive safely, avoid at-fault accidents, and don’t get any points on your license. If you do this, you could unlock a safe driver discount.
• Telematics discounts. Telematics programs track your driving habits and reward good behavior. You can usually get a discount just for signing up!
• Good student discounts. Full-time high school and college students can usually qualify for a discount by earning at least a B average.
• Bundling discounts. Bundle your home and auto insurance (or auto and renters) with the same company, and you could get a discount on both policies.

3. Increase your deductible for comprehensive and collision coverage

If you’ve got full coverage car insurance, increasing your deductible is an easy way to keep your monthly expenses low without sacrificing coverage.

Why is car insurance in Richmond so expensive?

Virginia car insurance is pretty affordable, compared to the national rate. However, premiums could be on the rise due to these factors:

• Cost of car parts
• Traffic accident rates
• Rising medical costs
• Natural disasters