As a driver, there is the need to consider various factors when shopping for the best car insurance in Alexandra VA. Generally, drivers prioritize different insurance policies over another, but there are important ones that shouldn’t be overlooked.
In choosing car insurance, a driver needs to evaluate several factors such as his/her preferences as regards insurance providers, how much coverage he/she needs, and how much he/she can afford to pay every month. However, for many drivers, evaluating how much coverage they need can become complicated, but this can be easily done by examining their current driving behavior, which includes where and how they drive.
For many insurance providers, your driving environment is a factor they will always evaluate, and this more than where you usually drive but also includes where you usually park your car. Insurance providers in Alexandria VA, consider drivers who usually pack cars on the street as high risk; hence higher rates apply compared to parking cars in the garage. Furthermore, cars navigating or packed in environments with higher-than-average theft rates or accidents also cost more to insure. However, drivers can lower these rates by installing anti-theft devices in their cars.
It’s also a great idea for drivers to estimate the cost of insurance they can afford before opting for it. This assists in narrowing down the number of companies to consider as some insurance companies only provide expensive comprehensive insurance policies while others provide cheap but basic insurance policies. Most drivers shopping for car insurance in Alexandria VA, usually fall in between these two categories, and one thing is certain, you always get what you pay for when it comes to these insurances.
The Best Cheap Car Insurance Companies In Alexandria VA
The state of Virginia records more than 6 million licensed drivers on its database, which is about 70% of the total residents living in Virginia. Therefore, considering this large number of drivers, you might be thinking car insurance would be on the high side, but it’s quite the opposite.
The low insurance rate in Virginia is a result of some factors. The first one being that the insurance industry is highly regulated by the government, with the Bureau of Insurance monitoring all the activities of insurance companies. Secondly, there are over 300 insurance companies licensed in Virginia. Therefore rates are very competitive.
Even though insurance rates are generally cheap in Alexandria VA, insurance companies still offer cheaper rates compared to one another, which is why it’s reasonable to camp with various insurance quotes. Getting cheap car insurance in Alexander VA, is dependent on some personal factors such as driving record, credit history, and age.
The top 14 cheapest auto insurance companies offering full insurance in Alexandria VA are;
|13||Plymouth Rock Assurance|
Full auto insurance policies cover comprehensive and collision coverages to liability insurance. This implies that damages to the automobile due to an accident or situations beyond the driver’s control, such as a weather event or animal attack, mandates insurance companies to bear the cost of repairs.
Average Cost Of Car Insurance In Alexandria VA
The average cost of auto insurance charged by insurance companies in Alexandria VA, is $851 per annum. This insurance cost is about 40.8% lower than the national average. However, the cost is 6.7% higher than that of the state average.
Alexandria VA Auto Insurance Requirements
There’s a state law in Alexandria VA, that prohibits drivers from carrying liability insurance on cars if they pay the $500 fee of an Uninsured Motor Vehicle to the Virginia Department of Motor Vehicles. Once any driver pays such a fee, they are legally licensed to drive in Alexandria without having car insurance. You should keep in mind that paying this fee is not a direct equivalent of purchasing car insurance. In the event where such a driver causes an accident, the driver will bear the cost of all damages.
For drivers who choose not to pay the fee, they are expected to hold up a significant amount of liability car insurance coverage which include :
- A fee of $25,000 liability coverage for death or bodily injury of an individual in a car accident which is caused by the driver or owner of the insured automobile
- A fee of $50,000 liability coverage for death or complete bodily injury in a car accident which is caused by the driver or owner of the insured automobile
- A fee of $20,000 liability coverage for damage on property on every accident caused by the driver or owner of the insured automobile.
The liability coverage pays the property damage bills, medical bills, and other expenses incurred on passengers, pedestrians, and drivers injuries or damaged cars as a result of the accident. Drivers can hold up more coverage to insure themselves in the event of a more serious accident resulting in substantial vehicle damage and car accident injuries. In a situation where the policy limits are reached, drivers become personally responsible for the expenses. Therefore, a higher policy limit protects drivers and their assets in the circumstances of a severe crash.
Please note that your liability coverage is triggered the moment you permit your friend to use your car or a family member is driving it. The liability coverage also covers drivers if they are driving a rental car and get into an accident.
Do not forget that liability coverage does not cover any vehicle damage or bodily injuries after a car accident. To have that type of coverage, you’ll need additional insurance coverage. For instance, collision coverage (which in Virginia is optional) can pay for both replacement or repairs of damaged vehicles after a car accident. Note that comprehensive or collision coverage might be needed under the tenures of a financing agreement or vehicle lease.
How To Get Cheapest Car Insurance Quotes In Alexandria VA?
One of the easiest ways to get the cheapest car insurance in Alexandria VA, is to ensure that your driving record is clean. This is because many insurance companies award low-risk drivers with the lowest insurance rates so they can save cash by avoiding crashes, DUIs, and speeding tickets. Various ways to ensure you get very cheap car insurance quotes in Alexandria VA, are;
Switching to Auto Insurance Providers
Every auto insurance company makes use of various strategies to calculate premiums. This is why quotes drivers get from one carrier vary from one another. And with time, the company that offers very cheap car insurance for a particular condition increases its rate.
Even though It’s always easy and comfortable sticking with one insurance provider, you must consider getting quotes from another provider if you want to keep enjoying low rates. Most especially when you notice a significant increase in your insurance area after a DUI conviction or accident
Choose a Less Car Insurance Coverage
Choosing less insurance coverage for your vehicle often translates to a reduction in premiums; therefore, you must be very careful. It is because in the event of an accident and you’re convicted of being at fault, you might end up in so much debt if your coverage isn’t enough. This is why getting liability coverage that goes beyond the state’s threshold will always be a good idea. Also, adding an uninsured motorist coverage that corresponds with your liability coverage will help you to be properly insured.
Buy A Car That Is Cheapest To Insure
The model, make, and year of your automobile can have a significant impact on a driver’s insurance rates. Reason being that cars have various rates of thefts and accidents, which implies that an automobile can be of more liability to insure than the other.
With this tip, you should try to purchase a vehicle that is hardly involved in claims or accidents. Cars with less horsepower are usually the cheapest car to insure since they have a reduced chance of being involved in a car accident.
Improve Your Deductibles
In the process of choosing car insurance, you can easily choose a deductible. A deductible is the total amount of money a driver would have to pay before an insurance company comes to the rescue in case of theft, an accident, or any kind of damage to the car. Depending on the insurance company and policy in play, the deductible generally ranges from $250 to $1000. The idea is that the more the annual premium, the lesser the deductible
Contrarily, the lesser the premium, the more the deductible. So as a driver, you should inquire from your agent how your premium is impacted if you decide to raise your deductible. It may make the savings to be minimal or boost the annual premium by significant percentage points, putting some cashback in your pocket. Increasing your deductible is usually the smart move when you are hesitant to file lesser claims to prevent the risk of increasing your premium.
Maintain a Clean Driving Record For Several Consecutive Years
As mentioned earlier, having a clean record is arguable the most effective way to get reduced monthly premiums. Getting convicted for traffic violations, DUI, or being involved in a car accident will see your insurance provider classify you as a high-risk driver translating to higher premiums.
Here are some clues that can assist you in keeping a clean driving record:
- Obey all traffic laws
- You should not drive under the influence of alcohol or drugs
- If possible, reduce the time you use behind the wheel – using less time on the road reduces accident risk and chances of breaking traffic laws
- Always service and maintain your car to reduce accident risk.
Ask about discounts
Insurance companies offer different kinds of discounts to their clients, and this can have a considerable impact on the insurance rates charged. You can enjoy significant discounts when you;
- Insure several cars with one policy
- Stack car insurance with other coverages like the homeowner’s policy.
- Pay for a six month or annual premium once
- Are you a member of a specific establishment or affiliate organization
- Possess a clean driving record.
The list of possible discounts goes on depending on the insurance company, so ensure you ask the company’s agent and evaluate such discounts properly.
Alexandria VA Car Insurance For Drivers With A Good Record
Having a clean driving record will always pay off. You get to enjoy lower insurance rates, and all you need to comply with the law is to buy the minimum insurance rate. In Alexandria VA, drivers with good driving habits and a clean driving record get to enjoy considerably lower auto insurance rates.
|Insurance Company||Full Coverage|
Alexandria VA Cheap Car Insurance Quotes For Young Drivers
Data analyzing average car insurance rates in terms of age shows that young (teenage) drivers pay the highest rates until mid-twenties when it starts to get reduced. This is because the immaturity of young drivers works against them. Teens are charged high insurance rates because, statistically, they get involved in auto accidents the most.
Regardless of this fact, young drivers can still find low insurance rates being offered by insurance companies in Alexandria VA. As a teenage driver in Alexandria VA, you can enjoy low insurance rates by qualifying for various insurance discounts for students and by using their parent’s insurance policy as long as they can.
|Virginia Farm Bureau||$1,849|
For new drivers, they must follow some specific driving regulations which include age restrictions for passenger, curfews, and electronic device limitations. Drivers must make sure they are well familiar with the rules before setting out to drive.
Cheapest Minimum Coverage For Young Good Drivers In Alexandria VA
As a young driver with good driving habit in Alexandria VA, you can apply for a state minimum coverage with these insurance companies that offers very low insurance rates;
|Virginia Farm Bureau||$897|
Even though it is far more affordable to get minimum liability policies, young drivers are at the risk of not having proper coverage in the situation where they get into a car accident. Therefore the best available option for teen drivers to enjoy a low insurance rate is to take advantage of their parents’ policy. But, if you think getting a minimum insurance policy is what is ideal for you, the insurance companies mentioned above are your best bet in Alexandria VA.
Cheap Car Insurance In Alexandria VA After A Speeding Ticket
Drivers who get a speeding ticket often notice an increase in their insurance premiums whenever they renew their policy. Generally, that isn’t unusual as drivers get to pay more after getting a speeding ticket for at least three years.
However, even after getting a speeding ticket, you can still save your money and get relatively cheap insurance by carrying out comparison shopping. For example, in the table below, the difference between the highest insurance rate and the lowest rate on average is $505. This shows how much you can save when you make a proper comparison among various car insurance.
Getting a speeding ticket affects drivers differently. However, the more you speed, the more your mph increase and the more points you earn on your driver’s license. Increased points translate to increased premiums in the auto insurance industry. Therefore, the ideal way to lower cost is to get a discount program, to serve as a defensive driving course reduction.
Cheap Car Insurance In Alexandria VA After A Car Accident
Drivers who file an accident claim are more inclined to pay more on their auto insurance coverage. But the total amount to pay depends on several factors, including the role your auto insurance company pays. Every insurance company evaluates risk differently, which is why the increase in cost after an accident will vary from one insurance to the next.
Below is how top insurance companies compare to one another after at-fault accidents for average drivers with full insurance coverage in Alexandria VA;
|Virginia Farm Bureau||$1,547|
Cheap Auto Insurance Quotes In Alexandria VA After A DUI
The table below shows the expected pay for auto insurance when drivers get convicted of a DUI in Alexandria VA.
Drivers having a recent DUI on their driving records will have to be responsible and diligent to get low-car insurance. A lot of insurance companies rates are going to be very expensive. However, based on the situation, you might not be awarded coverage by these insurance companies, including the ones listed above. If you’re to find an insurance company that will offer you coverage, you will need to spend a lot of time shopping for quotes. Furthermore, you have a minimum required auto insurance, and excellent credit will help keep the rates down.
Cheap Auto Insurance Quotes In Alexandria VA For Minimum Coverage
For drivers in Alexandria VA, with clean driving records and good credits, here are the cheapest insurance companies and they’re average rated for minimum coverage:
Drivers with good driving habits who have just the minimum compulsory coverage get to enjoy these average rates and earn themselves a discount if the company offers one. However, just getting the minimum coverage is advised as it might not ensure all expenses resulting from a car accident. However, it is better than nothing most especially if you can’t afford full coverage. If you need to get the cheapest car insurance in Alexandria VA, you will need to get insurance quotes from more than two insurance companies.
Cheap Car Insurance Companies In Alexandria VA For Drivers With Bad Credit Score
Various factors affect the rates you pay on your auto insurance. Location, vehicle, and age are all important factors. Insurers also put into consideration your credit score; hence, drivers with a high credit score in Alexandria VA, will pay an average fee of $85 every month. On the other hand, drivers with poor credit scores get to pay $154 every month.
This shows how much impact a bad credit score has on increasing your car insurance rates. Many insurance companies evaluate credit scores to assess a driver’s financial reliability and responsibility. This is why having a low credit score translates to a high insurance rate. Below is an estimate for auto insurance for drivers in Alexandria VA, with a bad credit score
Cheapest Car Insurance Companies In Alexandria VA For Seniors
Senior drivers struggle with several and unique driving challenges as a result of old age, and these include hearing and vision loss, shorter attention span, and slower reflexes. Hence, the state of Virginia has also put in place a unique set of rules and procedures for senior drivers to guarantee the safety of every driver on the highway. Drivers above 75 years old must renew their car license in person every five years at the DMV.
The table below shows the insurance rate senior drivers in Alexandria VA, pay for their auto insurance.
Who Offers A Cheap Car Insurance In Alexandria VA For Married Couples?
Among the top five biggest auto insurance companies in Alexandria VA, Geico provides on average the cheapest car insurance rates for married couples. The following table compares the largest insurance companies in Alexandria VA in terms of the average car insurance rates for married couples with two cars on a policy.
|Company||Married couple rates|
What Are The Different Types Of Alexandria VA Auto Insurance Coverage?
Maybe you already know the principles of auto insurance and how the whole thing works but do you know the types of car insurance available to drivers? Well, if you’re looking to get auto insurance, having at least a surface knowledge of types of insurance and their coverages is a vital step to getting the ideal policy for yourself. Below are some basic types of auto insurance, what they cover, and how they work.
Medical payments coverage
Medical expenses resulting from a car can be on the high side, especially when the accident is severe. The medical payment coverage helps to offset these medical-related bills to a covered accident, irrespective of who is at fault.
The value of cars depreciates over the years, but some quickly than the others, and an auto insurance settlement sometimes isn’t adequate to ensure loan cost. With gap insurance, many drivers can effortlessly cover the cost of loans on their car after theft or total loss.
Towing and labor insurance
The towing and labor insurance is only available to drivers with comprehensive car insurance. This auto insurance coverage reimburses drivers for a tow and labor cost incurred to repair their vehicle.
Collision insurance ensures damages to a car involving a collision with another car and may also assist in replacing or repairing such an insured vehicle.
Comprehensive insurance offers additional insurance coverage in the event of a car accident involving another car. The comprehensive insurance helps to reimburse for damages to your vehicle as a result of circumstances asides from accidents with animals, vandalism, weather events, and collision.
Rental reimbursement insurance
Moving around after an accident can be quite expensive, which is why getting rental reimbursement insurance can be helpful. The insurance coverage assists in paying for your car rental in the case where your car is too damaged to be driving after an accident
Classic car insurance
Classic car insurance offers unique insurance designed for the specific needs of classic and vintage and car collectors.
Roadside Assistance (either premium or basic) offers extended flat tire and towing services and lots more to drivers who sign up for the insurance coverage.
Original Parts Replacement
Original parts replacement assures drivers of original parts being used to repair their vehicles after an accident. The car manufacturer provides the original parts and not a third-party merchant.
New Car Replacement
The new car replacement coverage reimburses the value of a new car of exact model and make. However, it does not cover the deductible in the case where your car is confirmed as a total loss.
Most states in the US mandate drivers to get liability coverage as a legal provision to drive a vehicle. The coverage helps to insure damages to bodily and property damage others if you’re responsible or at fault for the accident.
Uninsured motorist insurance
Uninsured motorist insurance offers you coverage and protects your car against hit-and-run accidents and uninsured drivers. This coverage usually comes in pair, most times alongside the underinsured motorist insurance.
Personal injury protection insurance
Loss of income and specific medical expenses as a result of car accidents is covered by personal injury protection insurance. The coverage can cover up to 80% of these expenses (both medical and other expenses); however, it is dependent on the limit of the policy.
Major Parts Replacement Coverage
As the name implies, the major parts replacement insurance offers coverage for the replacement of major vehicle parts such as brakes, batteries, tires, and so on without considering the depreciation value and wear and tear, and the time of the car accident.
Underinsured motorist insurance
A lot of drivers, due to cost or other reasons, choose to hold only the minimum liability coverage. However, this isn’t equipped to provide enough coverage. The underinsured motorist insurance protects drivers for when an accident with a driver whose insurance does offer much coverage.
Is Alexandria VA Auto Insurance A No-Fault City?
As regards financial responsibility for damages resulting from car accidents such as damage to body and properties, lost income, and so on, Alexandria VA makes use of a conventional “fault”-based system. What this implies is that the driver who is at fault for causing the car accident will behold onto responsible for the resulting damages. An implication to this is that the at-fault driver’s insurance company gets to bear the losses at least to the limit of the policy the driver subscribed for.
For individuals in Alexandria VA, who suffer any damage or bodily injury as a result of a car accident, they can approach the situation in three ways;
- He or she can file a claim with the insurance company, provided that the insurance coverage insures all damages (in this case, the insurance company of the affected individual will possibly seek a claim of subrogation against the insurance company of the at-fault driver)
- File for a third-party claim immediately with the insurance company of the at-fault or
- File for a personal injury lawsuit against the at-fault driver in the civil law court.
Please note that in no-fault car insurance states, the victims usually don’t have the luxury of so many options as that of Alexandria VA. If a car accident happens in a no-fault state, drivers must claim the personal injury protection coverage on car insurance policies for reimbursements of medical expenses and other bills irrespective of who is at fault for the accident. However, there’s an exception in cases where individuals experience severe bodily damage as only then can they step out of the no-fault and then make a claim against the at-fault driver.
Ways To Reduced Rates In Alexandria VA Car Insurance
Every driver on the road would love to get the cheapest car insurance in Alexandria VA. Several insurance companies easily offer cheap auto insurance in Alexandria VA but to further reduce or lower insurance rates without sacrificing quality, and there are different ways you lower your car insurance premium.
The following are six easy ways you can get your car insurance rates reduced;
- Pay in full for your car insurance policy
- Look for better and decent insurance rates
- Go for usage-based car insurance
- Stack up your car insurance with other insurance coverage
- Increase your deductibles
- Always monitor change in price upon policy renewal
Good Drivers Car Insurance Discounts In Alexandria VA
When shopping for the best auto insurance in Alexandria VA, there’s a need to make comparisons to help fish out discounts that may apply to your policy which helps to further reduce rates.
A lot of auto insurance companies in Alexandria VA, provide several discounts such as:
- Good driver discount.
- Safety features (airbags) discount
- Anti-theft discount.
- Multi-car discount.
- Good student discount
- Homeowners discount.
One of the easiest ways to enjoy cheap auto insurance rates in Alexandria VA, is through discounts. When discounts are combined with a clean driving record and an excellent credit score, you get to enjoy the cheapest insurance rates in Alexandria VA.
Car Insurance Alexandria VA Questions And Answered
How much deductible should I take on my car insurance?
We recommend you get the highest deductible you can afford on your auto insurance. A deductible is the number of money that you agree to pay for yourself before insurance comes into play. Covering the cost of small claims implies that your insurance company covers large claims. If your raise your deductible, your insurance premium reduces. For example, raising your deductible from $100 to $500 reduces your insurance premium by 10%. A raise to $1000 further see your premium reduce by 25% to 30%.
What Is Gap Insurance And How Does It Work?
There are several optional car insurance coverages in Alexandria VA, and the Gap insurance is one of them. The insurance helps to reimburse your car loan in the event your car is stolen or totaled. The gap insurance is also known as “loan/lease gap coverage,” is only accessible if you’re the primary leaseholder on a new car. Gap insurance assists in reimbursing the gap between what is owed on the car and the depreciated value of your car.
What Costs Will I Need To Cover “Out-of-Pocket” If An Accident Happen?
In the situation of a car accident, the amount you pay out-of-pocket is dependent on some factors such as coverages, deductibles, policy limits, and the unique situation of the accident. If you are not at fault in the event of an accident, the at-fault driver and his/her insurer are responsible for the reimbursement of resulting injuries and damages. But if the at-fault driver is underinsured or has no insurance, you may have to reimburse the expenses. Always inquire from your insurance agent what is needed to be done to make sure your policy adequately protects you in situations like this.
However, if you are at fault for the accident, your insurance generally offers coverage for medical, repairs, legal, and other expenses resulting from the accident up to your policy limits. For instance, assuming you get your car crashed in a car accident which you caused, and you need to have collision coverage with a policy limit of $8,000 and a deductible of $1,500. Assuming the cost of repairing your car is $1,000, you will have to pay the whole $1,500 since it is lower than your deductible. However, if the cost of repairing your car is $6,000, you will have to pay a deductible of $1,500, and your insurance company will have to pay the remaining $4,500. If the price of repairing your car is $10,000, you will have to pay $3,000 (which is cumulative of your deductible and the $1,500 above your policy limit), and your insurance company will pay $7,000.
Can I change my coverage whenever I want?
The answer is Yes! However, a cancellation fee will be charged. Although you can wait until your policy expires, then a cancellation fee won’t be charged.
When to Stop Full Coverage Auto Insurance
Drivers have the option of downgrading their current insurance coverage to the standard insurance coverage once they pay off their vehicle and the title belongs to them. But with a state minimum coverage, drivers will not be insured for damages on the car if they cause an accident. Drivers are only covered if they possess collision coverage. Drivers without comprehensive coverage will also not be insured for vandalism or theft.
What is commercial auto insurance?
The insurance coverage is designed especially for cars used or owned by businesses. It includes special conditions and terms which adequately address property liabilities and risks faced by the business having investments in employee drivers and vehicles.
Vehicles that are eligible for commercial auto insurance are:
- Company fleets or cars owned by companies
- A person’s car that is driven for business purposes (either their employer’s or personal car)
- A business-owned car is offered to employees on a full-time basis.
- Personal cars that are deemed commercial as a result of their designs and weights
Using the right insurance policy, you can easily ensure all employee drivers and cars operating under your business. You can always talk with your insurance agent on the finer points of vehicle ownership to evaluate the strategies to use to make the best out of your business.
How do insurance companies assess my risk?
Insurance companies in Alexandria VA, evaluate drivers’ risk by utilizing a Risk Assessment Indicator. The indicator is a numerical score that is established on the credit report information. These indicators are very predictive of prospective claim activities, assisting insurers to charge rates that reason for the risk of the insured driver.
Is your car financed or leased?
In the situation where you still owe money on your vehicle, or you need to return the vehicle in decent condition as soon as the lease expires, it is more likely that you will be compelled to insure the vehicle for its entire value. Comprehensive and collision coverage will ensure damages to the car, and supplementary gap insurance will ensure what’s left. Remember that your cost of insurance and coverage options will also be influenced by your gender, age, and driving record. Also, note that your credit score will also have a considerable effect on your insurance rates. Ensure you take a look at your priorities and needs and know the insurance options that will adequately match them. In doing this, you have to be well prepared to make a conscious decision on the levels and types of auto insurance you need to buy.