Virginia Auto Insurance

This state is one of the few states that Virginia auto insurance is not required to drive. You have an option, when you register your car you either must have the minimum amount of liability insurance or you must pay the uninsured motor vehicle fee. This fee costs $500 per year and does not provide any insurance, and you are still liable for any damages that occur as a result of your driving.

So you can either choose to not have insurance and pay the no-insurance fee or purchase insurance. If you purchase insurance you are required to have a minimum amount of liability insurance. This liability insurance is broken into 2 parts

1. Bodily Injury Liability - This insurance covers third parties injuries and medical expenses when you are found at fault for an auto accident. It does not cover your injuries as separate medical coverage is required for that. The minimum amount of bodily injury liability is $25,000 per person and $50,000 per accident.
2. Property Damage Liability - This insurance cover property damage that results when you are at fault for an accident. It usually consists of the third parties car, and does not cover your car. For your car to be covered you need to have comprehensive and collision coverage . The minimum amount of property damage liability is $20,000.

It is recommended that you increase both bodily injury and property damage liability. This is because any damages over your liability limits will be your responsibility to over. If your liability limits are too low, and you are involved in a major accident, you could be on the hook for several thousand dollars, so it is best to fully be fully protected by raising your liability amounts. Raising these amounts will raise your Virginia auto insurance premiums, and to determine the amount of this increase, get an online Virginia car insurance quote . This will compare all companies in Virginia and find the lowest prices for you.

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