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 $25,000 in uninsured motorist bodily injury coverage per person (up to $50,000 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.
Key Facts About Uninsured Motorist Coverage in Virginia
Minimum Uninsured Motorist Bodily Injury: $25,000 per person (up to $50,000 per accident)
Minimum Uninsured Motorist Property Damage: $20,000 per accident
Minimum Underinsured Motorist Bodily Injury: $25,000 per person (up to $50,000 per accident)
Minimum Underinsured Motorist Property Damage: $20,000 per accident
Uninsured Drivers on the Road: 10%
Uninsured/underinsured motorist coverage helps pay for a car accident if the at-fault driver doesn’t have enough insurance. Normally, the at-fault driver’s liability insurance pays for any property damage or injuries they caused. But if the other driver doesn’t have enough coverage, it can be time-consuming and difficult to sue them for funds to cover any bills. That’s where uninsured/underinsured motorist insurance can help save drivers time and money.
Because Virginia allows drivers to go uninsured, it’s estimated that 10% of drivers in the state don’t have car insurance. This gives you a 1 in 10 chance that the other driver won’t have insurance if you get into an accident. Car accidents in Virginia can be extremely expensive, too. For example, fatal accidents in Virginia cost a total of $1.31 billion in 2018, the latest year with CDC data.
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