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Find the Best Car Insurance Companies in Richmond, VA

Virginia state law requires drivers to have car insurance, but it’s vital that drivers in Richmond get the appropriate coverage for their needs. The Richmond Times-Dispatch has partnered with ConsumerAffairs to create this guide by comparing the consumer reviews and local availability of 16 businesses and choosing seven favorites from the top car insurance companies in Richmond.

Companies pay ConsumerAffairs to be accredited, and the Richmond Times-Dispatch and/or ConsumerAffairs may receive compensation when you click a link, call a number or fill out a form on this site.

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Richmond car insurance costs and quotes

richmond skyline

In Richmond, car insurance costs typically range from $600 to $1,000 per year. However, costs vary depending on the coverage level and the driver’s personal information. Before giving a quote, insurance companies consider many factors, including your:

  • Age
  • Gender
  • ZIP code
  • Credit score
  • Driving history
  • Vehicle information

For example, neighborhoods like Tuckahoe or Mechanicsville have lower crime and accident rates, so residents pay lower premiums as a result. However, your vehicle’s age, safety features and ownership status could make you pay more if your insurer considers it higher risk.

We’ve collected some example quotes for one year of car insurance costs in various Richmond neighborhoods at the time of publishing. For these examples, we assumed the driver was a 35-year-old unmarried woman driving a 2015 Honda Civic that she owns. She has a clean driving history and owns her vehicle. She’s also a renter and employed full-time with a college degree. Your own quote will vary depending on several factors, so the following estimates should only serve as a rule of thumb.

State minimum (25/50/20): This is the minimum liability insurance required by the state of Virginia.

  • The Fan District - 23220: $766
  • Short Pump - 23233: $766
  • Tuckahoe - 23229: $768
  • Mechanicsville - 23111: $738
  • South Richmond - 23224: $862

Liability insurance (50/100/50): Like state minimum coverage, this type of insurance covers costs when you are at fault in an accident. This policy, however, has substantially higher coverage limits.

  • The Fan District - 23220: $810
  • Short Pump - 23233: $810
  • Tuckahoe - 23229: $808
  • Mechanicsville - 23111: $782
  • South Richmond - 23224: $916

Comprehensive insurance (250/500/100): This type of policy offers collision, comprehensive and liability coverage, meaning almost any accident will be covered. Comprehensive car insurance is a good choice for those who can afford it.

  • The Fan District - 23220: $1,002
  • Short Pump - 23233: $978
  • Tuckahoe - 23229: $986
  • Mechanicsville - 23111: $974
  • South Richmond - 23224: $1,166

Driving in Richmond

Car insurance is a necessary expense in Richmond, both to protect you from liability in an accident and ensure you’re following the law while driving. However, there are a number of reasons to invest in car insurance that goes beyond minimum coverage.

Crashes in Richmond

Car accidents are unfortunately a common occurrence across the country, and Richmond roads are no exception. The Virginia Department of Motor Vehicles notes that there were 128,172 crashes in the state in 2019. These accidents included 65,708 injuries and 827 fatalities.

If you are in an accident without car insurance, not only are you personally liable for damages and injuries, but you can also find yourself in legal trouble. Even if you have insurance, if your total liability is higher than your policy limit, you still have to pay the remainder out of pocket.

Vehicle theft in Richmond

Richmond has a rate of motor vehicle theft more than double the national average. Neighborhoods with higher crime rates, like Monroe Ward and Oakwood, are more likely to have higher car insurance costs as a result. If you live in a high-crime neighborhood, ensure that your car insurance policy covers vehicle theft, so you don’t have to worry as much about your car being stolen.

What is the minimum auto insurance coverage in Richmond?

Since car insurance is required by law, there’s a minimum coverage you must have to be road-ready. In Virginia, drivers must have 25/50/20 coverage, meaning their insurance must provide:

  • $25,000 for the bodily injury or death of one person in an accident
  • $50,000 for the bodily injury or death of two or more people in an accident
  • $20,000 for property damage in an accident

Richmond car insurance FAQ

How much is car insurance in Richmond?

Car insurance in Richmond typically ranges from $600 to $1,000 per year. However, this varies depending on the covered driver and their vehicle.

What is liability insurance for cars?

Liability insurance pays for the other person’s damages if you are at-fault in an accident. These policies do not cover your expenses at all, though.

Who has the cheapest car insurance in Richmond?

There’s no clear answer here because costs vary significantly depending on your personal information. The best way to find the cheapest auto insurance policy for you is to get quotes for state minimum coverage from several Richmond insurance agencies.

What is recommended for car insurance coverage?

The minimum required coverage is not typically recommended, as this may not cover all expenses in a serious accident. A 50/100/50 liability insurance policy typically offers a combination of better coverage and affordable rates, but it’s often smart to pick the most coverage you can afford.

How can I save on car insurance in Richmond?

Most car insurance providers offer discounts for good drivers, good students, safe vehicles and other factors. Ask your agent about any discounts that may apply to your policy.

Richmond car insurance company information

EverQuote

EverQuote is a car insurance price comparison tool offering personalized rates from a variety of insurers, including Esurance, AAA, Farmers, Mercury, Nationwide, American Family, Progressive and Liberty Mutual. EverQuote offers other auto insurance products like gap insurance, nonowner insurance and motorcycle insurance. The service is free to use, and it matches consumers with a licensed agent to help purchase a policy and answer questions.

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Grange Auto Insurance

Grange Auto Insurance is an insurance provider with a network of independent agents across the country. This company offers a variety of auto insurance products, with features like rental car reimbursement and roadside assistance. Discounts exist for bundled policies, good students and safe drivers. Contact a local agent for more information on pricing and policy customization.

Grange Auto Insurance

Progressive Auto Insurance

Progressive is a popular car insurance provider with affordable rates and custom coverage options. Customers can receive a quote and make a purchase online or work with a local Progressive agent to enroll in person. Once the plan is active, customers can make payments, submit claims and update their accounts online. Progressive has several savings options, including discounts for safe drivers, customer loyalty and paperless billing. Plans are easy to purchase and transparently priced.

Progressive Auto Insurance

GEICO

GEICO offers discount auto insurance with customizable policies. Policies can be purchased online or through a local agent. This company insures a variety of vehicles, including cars, motorcycles, ATVs, RVs, boats, collector’s cars, rideshare vehicles and commercial cars.

GEICO

State Farm Auto Insurance

As one of the biggest car insurance providers in the nation, State Farm offers affordable coverage and 24/7 customer service. The company has a network of local insurance agents, including a presence in Richmond, to provide personalized service. Online policy purchasing is also available. State Farm insures cars, motorcycles, boats, off-road vehicles and motor homes.

State Farm Auto Insurance

Allstate Auto Insurance

Allstate Auto Insurance provides customizable auto insurance policies, with options ranging from minimum coverage to comprehensive protection. The company offers extras like accident forgiveness, new car replacement and deductible rewards. Customers can request a quote online or contact a local agent in Richmond for more information. Allstate has a variety of savings options, including discounts for advance payments, new cars, paperless billing, anti-theft devices and early signing.

Allstate Auto Insurance

Insurance Doctor of Midlothian VA

The Insurance Doctor of Midlothian VA is a local car insurance broker representing multiple auto insurance companies. Customers may purchase a policy at the local office or over the phone. The company has flexible payment options and offers coverage for all drivers, including those who need SR-22s. Several providers offer multipolicy discounts, but other discounts differ by provider. The company is located at 127 Stonebridge Plaza Ave. Chesterfield, VA 23225.

Insurance Doctor of Midlothian VA