The uninsured motorist fee in Virginia is $500. Drivers who do not intend to purchase car insurance must pay the Virginia uninsured motorist fee when registering their vehicle in order to drive legally, though the fee does not buy a driver any sort of insurance coverage.
Uninsured drivers in Virginia are still personally liable for any costs if they cause an accident. The uninsured motorist fee instead goes toward Virginia’s uninsured motorist fund, which aims to reduce the cost of uninsured motorist insurance across the state.
Why You Should Get Car Insurance in Virginia
While it may be tempting to pay the $500 fee instead of monthly or annual car insurance premiums, paying for car insurance up front can save you from having to pay significantly more later if an accident occurs.
A severe accident could cost close to $100,000, if not more, between medical expenses, lost wages, and property damage. On the other hand, the average annual cost for minimum car insurance coverage in Virginia is only $931.
To learn more, check out WalletHub’s guide on how much car insurance you need and see WalletHub’s picks for the best car insurance in Virginia.
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