Auto insurance is a very important thing no matter where you live. Auto insurance in Virginia is no different. It’s necessary in order to drive a vehicle, and there are a number of factors that it can cover. How do you decide what type of car insurance is best for you? What is the minimum coverage that you can have?
In Virginia, there are three things that must be included, at minimum, in an auto insurance plan. You must be covered in the case of bodily injury or death of one person to $25,000. The bodily injury or death of two or more persons must be covered at $50,000 by the plan, and property damage must be covered up to $20,000. These would be classified as types of Liability Insurance. That is not the only requirement to watch for.
If you’re researching auto insurance online it is not impossible to find a number of good deals. The large number of websites offering ways to undercut other company’s prices abound. Unfortunately, people do not always make sure to check the company is authorized to perform business in the state of Virginia. If they do not have this authorization, they may be considered an invalid insurance type.
Auto insurance in Virginia is not completely mandatory. By driving without it, you put yourself and your loved ones at risk in the case of an accident. In order to drive without car insurance, you must pay a $500 Uninsured Motor Vehicle Fee. This fee does not pay any insurance on the vehicle. By paying this fee, you are granted the ability to drive your vehicle at your own risk.
There is a long list of auto insurance coverage types to look at and consider. Liability Coverage, Property Damage Liability, Bodily Injury Liability, Comprehensive Coverage, Collision Coverage, Fire and Theft Coverage, Physical Damage Coverage, Personal Injury Protection, Underinsured Driver Coverage, Uninsured Driver Coverage, Gap Insurance, Rental Car Insurance, and Pay-Per-Mile Coverage are all different types to consider. You should fully research each type weighing it against your personal situation. For example, if you’re not purchasing a new car you’re unlikely to need Gap Insurance. It’s generally used by people who’ve taken a loan out to get a car and they want to protect themselves during the first few months of owning a new car, so they aren’t caught up in a loan mess if something happens to the car.
Auto insurance in Virginia isn’t something to blow off especially if you’re driving your family. Just because the state offers the option to opt to drive your vehicle uninsured, doesn’t mean it’s a wise decision. Every time you get behind the wheel of a motorized vehicle you take not only your own safety, but the safety of others into your hands. Many people don’t take that into consideration when they set up their insurance, or choose to ignore the importance of protection. It only takes one accident to change lives, so remember to look at your options and try to plan accordingly. Enter your zipe code above to compare policies in your local area with what you currently have.
