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

When shopping for the cheapest auto insurance for youthful drivers, one of the many considerations that helps auto insurance companies calculate car insurance rates is where you normally keep your vehicle. Cities with larger populations or higher claims like Lake Ridge, Dale City, and Arlington tend to pay more, whereas less populated areas benefit from lower prices.

The next table sorts the most expensive areas in Virginia for young drivers in which to purchase auto insurance.

Prices are approximated as the specific garaging location can affect premium rates substantially.

The type of vehicle requiring coverage is probably the largest consideration that determines whether or not you find the cheapest car insurance for young drivers in Virginia. Vehicles with high performance features, poor safety ratings, or a track record of large liability claims will cost quite a bit more to insure than more modest models. The information below shows coverage prices for the most budget-friendly vehicles to buy insurance for.

Data based on single female driver age 16, no speeding tickets, no at-fault accidents, $500 deductibles, and Virginia minimum liability limits. Discounts applied include safe-driver, and claim-free. Price information does not factor in garaging location in Virginia which can revise premiums substantially.

Based upon the table data, makes and models like the Hyundai Elantra, Honda CR-V, Ford Escape, and Jeep Wrangler are likely to be the more affordable vehicles to insure for youthful drivers. The cost of auto insurance will tend to be more expensive just due to the fact that there is a higher risk for young drivers, but generally speaking those models will have the lowest prices compared to all other vehicles.

Comparing quotes for low-cost auto insurance is tough enough, and determining which companies have the lowest-priced car insurance rates for young drivers requires even more perseverance. Policy rates will probably be significantly more expensive than the average price in Virginia, with the increase attributed to the posibility of more claims that goes along with offering coverage for youthful drivers, but competitively-priced coverage may be attainable if you thoroughly shop around.

Each company uses different criteria for establishing rates, so to begin we’ll rank the car insurance companies with the overall best prices in Virginia. It’s important to know that Virginia car insurance rates are based on many factors that control your annual premium. Simply improving your credit score, buying a home, or getting a ticket for careless driving may cause policy rate changes that can now make some companies more expensive than competitors.

Best Auto Insurance Prices for Teens

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Travelers has some of the best car insurance rates in Virginia at around $659 a year. USAA, Penn National, Cincinnati Insurance, and Auto-Owners would also be considered some of the lowest-priced Virginia auto insurance companies.

As the example above demonstrates, if you currently have coverage with Cincinnati Insurance and switched to Travelers, you may see yearly savings of in the neighborhood of $82. Insureds with Auto-Owners might save as much as $99 a year, and Utica National policyholders might reduce prices by as much as $106 a year.

If you want to see how much you could save, click here or visit several of the following companies.

Understand that those policy rates are averages for all types of insureds and vehicles and are not factoring in a price increase for young drivers. So the company that can offer you the lowest price may not even be featured in the above rate chart. That illustrates why you need to get rate quotes from many companies using your own personalized driver profile and vehicle information.

The illustration below demonstrates how choosing different deductibles can impact premium costs when getting quotes for cheap insurance for young drivers. The price estimates are based on a single male driver, comprehensive and collision coverage, and no additional discounts are factored in.

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The chart above illustrates that a 40-year-old driver could reduce rates by $212 a year by increasing from a $100 deductible up to a $500 deductible, or save $320 by using a $1,000 deductible. Even younger drivers, like the Age 20 chart data, could drop their prices $694 or more just by choosing higher deductibles when buying full coverage. If you do make the decision to raise your deductibles, it will be important to have plenty of savings on hand to offset the extra out-of-pocket expense, which deters some drivers from choosing higher deductibles.

Company comparison: Progressive vs Geico vs Allstate vs State Farm

When buying car insurance for youthful drivers in Virginia, four of the larger companies to compare rates for are Progressive, Geico, Allstate, and State Farm. The following table rates some of the different options that may be available in your state.