If you choose to take out car insurance in Virginia, you'll need to have at least the minimum amount of coverage required by Virginia law. For insurance companies, it's similar to having a bad driving record, which is why drivers who let their insurance expire for 60 days pay approximately 20% more than the average premium in Virginia. Plus, if you don't have a car or never drive, you won't need to take out car insurance or pay any fees for driving without insurance. The consequences of driving without insurance are ultimately more costly than buying minimal car insurance coverage.
Geico, State Farm, Nationwide and The General are good places to shop if you need car insurance for people without drivers. However, Virginia is an at-fault state, meaning that your liability insurance company will only pay if the driver of your car was at fault. If you have an accident while driving without insurance in Virginia, you will be cited and all penalties for driving without insurance will apply, no matter who is at fault. The SR-22 is a form that the insurer submits to the state by the insurer to show that the driver has the legally required amount of insurance.
The difference between SR-22 and regular insurance is that SR-22 insurance is for high-risk drivers who have been convicted of serious traffic violations, while regular insurance is for anyone who drives a car. Serious car accidents need more coverage, so it's important to buy the highest insurance coverages you can afford. When you buy car insurance and get into a no-fault accident, through your fault or not, your insurance company is responsible for paying for the damages. In Virginia, drivers with just two speeding tickets pay an average of 42% more on their annual car insurance premiums, for example.
Often what happens is that an officer stops a vehicle and the driver does not have proof of insurance, so the officer issues a citation under the code 46.2-707 for not having insurance. Buying Virginia minimum liability auto insurance coverage is the easiest way to meet the financial responsibility requirement. To begin comparing your options, check out WalletHub's selections to find the cheapest auto insurance companies in Virginia.