Delaney Simchuk, Car Insurance Writer
The minimum liability car insurance requirements in Virginia are $30,000 in bodily injury liability insurance per person ($60,000 per accident) and $20,000 in property damage liability insurance. However, Virginia drivers may opt out of having car insurance if other requirements are met. If the driver pays a $500 fee with the state department of motor vehicles every time they renew their vehicle registration, they may opt out of carrying car insurance.
In addition, drivers in Virginia will need to purchase $30,000 per person, $60,000 per accident, and $20,000 property damage in uninsured/underinsured motorist coverage to satisfy the state's minimum car insurance requirements.
Types of Car Insurance Required in Virginia
- Bodily injury liability (BI)
- Property damage liability (PD)
- Uninsured motorist (UM)
- Underinsured motorist (UIM)
- Uninsured motorist property damage (UMPD)
If Virginia drivers do not purchase at least the minimum required coverage or follow the correct protocol in order to opt out of carrying the minimum requirements, they can face consequences for driving without insurance.
Drivers should also consider purchasing other types of car insurance in order to better protect themselves, given that liability insurance does not provide any coverage for the policyholder's own injuries or property. For instance, both collision insurance and comprehensive insurance cover damage to the policyholder's car. You will likely also need these types of insurance if your vehicle is financed.
To learn more, check out WalletHub's guides on how much car insurance you need and cheap car insurance in Virginia.
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