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
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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 |
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Insurance Agents in South Boston, VA and Near by
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0 miSouth Boston Insurance Agency549 N Main St, South Boston, VA 24592(434) 572-4989View |
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0 miEric R Arthur Jr815 Wilborn Ave, South Boston, VA 24592(434) 572-3636View |
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0 miThe Neal Agency817 Wilborn Ave, South Boston, VA 24592(434) 575-2376View |
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0 miFry Jordan & Wilson830 Wilborn Ave, South Boston, VA 24592(434) 572-3957View |
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0 miCooper Insurance Agency97a Main St, South Boston, VA 24592(434) 572-4433View |
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0 miDave White700 Broad St, South Boston, VA 24592(434) 572-3649View |
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0 miJ Brandon Scearce3320 Old Halifax Rd Ste A, South Boston, VA 24592(434) 575-5540View |
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0 miHudson Insurance Agency3046 Bill Tuck Hwy, South Boston, VA 24592(434) 572-2227View |
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0 miHalifax Insurance Agency3227 Halifax Rd Ste B, South Boston, VA 24592(434) 572-0111View |
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0 miSouthfax Insurance Agency4019 Halifax Rd, South Boston, VA 24592(434) 572-8931View |
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0 miAllen McGhee4021 Halifax Rd Ste E, South Boston, VA 24592(434) 572-3284View |
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0 miAdvantage Insurance Services4019 Halifax Rd Ste A, South Boston, VA 24592(434) 572-0020View |
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0 miVirginia Farm Bureau Insurance4000 Halifax Rd, South Boston, VA 24592(434) 572-4529View |
Learn More About Car Insurance in South Boston, 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.