Minimum coverage requirement in Virginia - By law, the state requires a minimum of 25/50/20 for auto insurance as explained below:
- $25,000 coverage for all types of bodily injury suffered by one individual in one accident
- Bodily injury suffered by two or more people is $50,000. The amount is the same for deaths of two or more people caused by one accident
- $20,000 for damage to the property of other people.
- $25,000/$50,000 for Uninsured/underinsured motorist bodily injury
- $20,000 for Uninsured/underinsured motorist property damage
Jump to Topic:
Car Insurance Companies in Virginia and Rates Offered
The cheapest car insurance rates in the state are provided by Geico Insurance followed by Allstate Insurance. But the major players are State Farm, Allstate, and Nationwide insurance in order.
Company | Annual premium (50/100/50) | Market share | Ranking |
---|---|---|---|
Geico | $368 | 1.5% ($189,664,981) | 88 |
Allstate | $371 | 2.58% ($326,945,631) | 87 |
State Farm | $380 | 6.26% ($793,791,726) | 90 |
Nationwide | $407 | 2.17% ($275,171,658) | 89 |
Progressive | $533 | 1.58% ($200,167,406) | 89 |
Get a free quote from the best of 200+ companies in 90 seconds.
Find affordable car insurance in your city
We recommend you to get car insurance quote and compare rates before choosing an insurance plan. People save up to 50% on car insurance by using our comparison shopping.
Insurance Agents in Farmville, VA and Near by
-
0 miCharles Puckett5301 Farmville Rd, Farmville, VA 23901(434) 223-8738View |
-
0 miHH&B Insurance - Raymond Insurance Agency4644 Farmville Rd Ste 2, Farmville, VA 23901(434) 392-8911View |
-
0 miVirginia Farm Bureau Insurance1701 E 3rd St, Farmville, VA 23901(434) 392-3050View |
-
0 miEdgar Jones1510 Graham Rd, Farmville, VA 23901(434) 392-4357View |
-
0 miHarwood & Son Insurance1404 S Main St, Farmville, VA 23901(434) 392-5405View |
-
0 miMark Webb1208 S Main St, Farmville, VA 23901(434) 315-0050View |
-
0 miCocheyse Gilliam1012 W 3rd St Ste I, Farmville, VA 23901(434) 394-0334View |
-
0 miFoster Insurance Agency715 W 3rd St, Farmville, VA 23901(434) 315-0088View |
-
0 miW A Watson & Sons Insurance Agency106 N Main St, Farmville, VA 23901(434) 392-4177View |
-
0 miBSM & Associates103 E 3rd St, Farmville, VA 23901(434) 392-5174View |
-
0 miRoy R Yeatts Jr215 N Main St, Farmville, VA 23901(434) 392-3585View |
-
0 miHubbard-Lash Insurance Agency311 E 3rd St, Farmville, VA 23901(434) 392-4148View |
-
0 miGantt Insurance Agency205 N Virginia St, Farmville, VA 23901(434) 392-7201View |
Learn More About Car Insurance in Farmville, VA
Methodology
The insurance rates mentioned in this article is based on the average amount for a 30 year old female purchasing 50/100/50 ($50,000 for injury liability for one person, $100,000 for all injuries and $50,000 for property damage in an accident) liability car insurance coverage. The premium rate can be higher or lower than the rates specified depending on the type of coverage one may choose, deductibles applied and the discounts offered by insurance company.