Delaney Simchuk, Car Insurance Writer
@delaney_simchuk
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.
People also ask
How much liability insurance do I need?
You need enough liability insurance to cover your net worth. Having coverage equal to the value of the assets you own and all the money you have, minus your debt, protects you financially in case of a serious car accident.
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read full answerIs uninsured motorist coverage required in Virginia?
No, uninsured motorist coverage is not required in Virginia, since drivers are allowed to opt out of car insurance if they pay a $500 fee. If a driver chooses to get insurance, they must get $30,000 in uninsured motorist bodily injury coverage per person (up to $60,000 per accident), as well as $20,000 in uninsured motorist property damage insurance per accident. Similar amounts of underinsured motorist coverage are also required if you choose to get auto insurance in Virginia.
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read full answerIs personal injury protection required in Virginia?
No, personal injury protection insurance (PIP) is not required in Virginia. Virginia drivers are not required to buy car insurance at all. If a driver chooses to buy insurance, Virginia policies have medical payments insurance (MedPay) instead of PIP.
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