Who Has the Cheapest Auto Insurance Quotes for Unemployed Drivers in Virginia?

You have surely seen all the catchy advertisements from auto insurance companies like Nationwide, Allstate, and GEICO that guarantee enormous savings, so you just need to choose any one of them, right?

It’s just not that easy, however, as there are a whole bunch of unknowns like how much liability insurance you need, if your vehicle is used for personal use or work, and how well you maintain your credit, that all have an effect on the price of a policy. Car insurance is kind of a dry topic, but this article will explain some of these things and also should give you some help in finding cheaper rates.

Deciphering which companies have the cheapest auto insurance rates for unemployed drivers will involve a tad more effort in order to find the lowest price.

Every auto insurer uses their own method to set policy rates, so let’s rank the overall cheapest auto insurance companies in Virginia. It’s a good idea to be aware that Virginia auto insurance rates are impacted by many factors which can significantly increase or decrease the cost of a policy. Simply having a birthday, moving to a different location, or getting a speeding ticket may prompt premium changes that can cause some rates to be affordable when they were higher priced.

Cheap Insurance Rates for Job Seekers

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Travelers generally has some of the most affordable car insurance rates in Virginia at around $679 a year. USAA, Penn National, Cincinnati Insurance, and Auto-Owners also qualify as some of the lowest-priced Virginia car insurance companies.

As the rates illustrate above, if you are a policyholder with Penn National and switched to Travelers, you could earn a yearly savings of in the vicinity of $69. Virginia drivers with Cincinnati Insurance may save as much as $76 a year, and Auto-Owners insureds might reduce rates by $86 a year.

If you want to see how much you could save, click here to get a free quote or visit any of the companies below.

Remember that these policy rates are averaged for all drivers and vehicles and and are not figured with a price decrease for unemployed drivers. So the auto insurance company that can offer the best rates for your situation may not even be included in the list above. That emphasizes why you need to compare prices as often as possible using your own specific driver information and vehicle.

One of the key components that affect auto insurance rates is where you call home. Areas that are densely populated or have higher claim frequency like Burke, Alexandria, and Centreville tend to have more expensive auto insurance rates, whereas more rural areas have the benefit of the cheapest auto insurance for unemployed drivers in Virginia.

The next table rates the highest-priced areas in Virginia for unemployed drivers to buy car insurance in.

Premium amounts are comparative as the vehicle garaging location can alter coverage prices substantially.

The type of vehicle you are trying to insure is one of the largest considerations when comparison shopping for the cheapest auto insurance for unemployed drivers in Virginia. Vehicles with higher performance, a lack of safety features, or high incidents of liability claims will cost substantially more to insure than more modest models.

The list below features auto insurance rates for some of the most cost-effective automobiles to buy insurance for.

Prices based on married female driver age 50, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Virginia minimum liability limits. Discounts applied include homeowner, claim-free, safe-driver, multi-policy, and multi-vehicle. Information does not factor in the specific area where the vehicle is garaged which can revise insurance rates greatly.

Looking at the data, we can expect makes and models like the Jeep Wrangler, Chevrolet Traverse, Ford Explorer, and Hyundai Tucson are the most budget-friendly vehicles to insure for the unemployed.

Careless drivers pay higher rates

The best way to get the best auto insurance rates in Virginia for the unemployed is to be an attentive driver and avoid getting tickets or having accidents. The example below highlights how speeding tickets and at-fault claims drive up auto insurance costs for each different age category. The information is based on a single male driver, full physical damage coverage, $500 deductibles, and no policy discounts are applied.

google.charts.setOnLoadCallback(drawVioqcibChart);function drawVioqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘No Violations or Accidents’, ‘One Speeding Ticket and No Accidents’, ‘One Speeding Ticket and Two Accidents’],[‘Age 20’, 2815,3025,4903],[‘Age 30’, 1473,1683,3559],[‘Age 40’, 1447,1657,3533],[‘Age 50’, 1321,1531,3405],[‘Age 60’, 1277,1489,3367],[‘Age 70’, 1571,1781,3661]]);var options = {title: ‘Effect of Citations and Accidents on Virginia Insurance Cost’,titleTextStyle: {color: ‘#333’, fontSize: 17, bold: true},width: ‘100%’,height: 600,’chartArea’: {left:100,top:50,’width’: ‘100%’, ‘height’: ‘70%’},legend: {position: ‘bottom’,textStyle: {fontSize: 12}},colors:[‘#b2da64′,’#eed355′,’#e39e71’],hAxis: {title: ‘Annual Auto Insurance Cost for Average Vehicle in Virginia’,minValue: 0,format: ‘$###,###’},vAxis: {title: ‘Age of Insured’}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});formatter.format(data,1);formatter.format(data,2);formatter.format(data,3);var chart = new google.visualization.BarChart(document.getElementById(‘qcibvio’));chart.draw(data, options);}

The data charted above shows the average cost of auto insurance in Virginia per year with no accidents and a clean driving record is $1,651. Receive one speeding ticket and the average cost increases to $1,861, an increase of $210 each year. Now add in two accidents along with the one speeding ticket and the annual cost of auto insurance for unemployed drivers increases to an average of $3,738. That’s an increase of $2,087, or $174 per month, just for being a little careless behind the wheel!

Discounts on Virginia car insurance rates

Insurance companies that offer the cheapest auto insurance for unemployed drivers in Virginia may provide price discounts that could reduce prices by 40% or more if you meet the requirements. Companies and the discounts they provide include:

• GEICO may have discounts that include military active duty, five-year accident-free, seat belt use, multi-vehicle, and driver training.
• Travelers may offer discounts for hybrid/electric vehicle, continuous insurance, payment discounts, driver training, good student, early quote, and home ownership.
• Farm Bureau offers discounts for youthful driver, 55 and retired, safe driver, multi-policy, driver training, multi-vehicle, and renewal discount.
• Liberty Mutual has savings for new move discount, multi-car, hybrid vehicle, newly retired, and multi-policy.
• American Family discounts include defensive driver, accident-free, bundled insurance, air bags, and early bird.
• Progressive may include discounts for online quote discount, online signing, good student, continuous coverage, multi-policy, multi-vehicle, and homeowner.

The information below compares premium costs with and without discounts applied to the policy premium. Data assumes a female driver, no claims or violations, Virginia state minimum liability limits, full physical damage coverage, and $500 deductibles. The first bar for each age group shows the average rate with no discounts. The second shows the rates with multiple policy, defensive driving course, passive restraint, accident-free, vehicle safety, and anti-theft discounts applied. When drivers take advantage of discounts, the the amount saved on auto insurance for unemployed drivers is 28% or $349.

google.charts.setOnLoadCallback(drawDiscqcibChart);function drawDiscqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘Female Driver No Discounts’, ‘Female Driver with Discounts’],[‘Age 20’, 1871,1345],[‘Age 30’, 1289,939],[‘Age 40’, 1201,873],[‘Age 50’, 1051,765],[‘Age 60’, 1015,739],[‘Age 70’, 1187,857]]);var options = {title: ‘Effect of Discounts on Insurance Price for Unemployed Drivers’,titleTextStyle: {color: ‘#333’,fontSize: 17,bold: true},width: ‘100%’,height: 500,’chartArea’:{left:100,top:50,’width’: ‘100%’, ‘height’: ‘70%’},legend: {position: ‘bottom’},colors: [‘#c096ca’, ‘#e1b7ec’],hAxis: {title: ‘Annual Auto Insurance Cost for Average Vehicle in Virginia’,minValue: 0,format: ‘$###,###’},vAxis: {title: ‘Age of Insured’}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});formatter.format(data,1);formatter.format(data,2);var chart = new google.visualization.BarChart(document.getElementById(‘qcibdisc’));chart.draw(data, options);}

Which major car insurance company is best?

If you are shopping around for car insurance for the unemployed in Virginia, four good companies to start with are Progressive, Allstate, Geico, and State Farm. The table below compares and contrasts price and claims rank as well as some different options offered by each one.