This would be a really short article if we could just give you the name of the one car insurance company that has the cheapest coverage in Virginia. It’s not that simple, unfortunately, as there are a whole bunch of unknown factors such as the amount of liability coverage you want, how far you drive each year, if you have points on your license, and the safety features built into your vehicle, that all impact the price you pay. We will try to cover the causes of high insurance rates and will hopefully give you a good start to your coverage search.
For teen girls, one of the largest components that determine auto insurance rates is where you normally keep your vehicle in Virginia Beach. Areas with more people or higher crime rates are more likely to pay higher prices, whereas areas that tend to be more rural receive better rates.
The following table sorts the most expensive areas in Virginia for teenage females to purchase auto insurance in. Virginia Beach is ranked #12 with an annual premium of $948 for the average policyholder, which is about $79 per month.
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Rate information is estimated as zip code location can increase or decrease rates noticeably.
Deciphering which companies offer the cheapest car insurance rates for teenage females takes a little more effort in order to find the lowest price quote. Each insurance company has a proprietary formula for establishing rates, so let’s take a look at the car insurance companies that tend to have lower prices in Virginia Beach.
It’s important to know that Virginia car insurance rates are impacted by many things which can substantially change the cost of your policy. Simply having another birthday, buying a new vehicle, or getting a ticket for running a stop sign can trigger price changes resulting in some companies being cheaper than others.
Best Insurance Companies for Teens
|Rank||Company||Cost Per Year|
|9||Virginia Farm Bureau||$810|
|15||National Grange Mutual||$1,060|
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Travelers may offer some of the most affordable car insurance rates in Virginia Beach at around $653 annually. This is $505 less than the average price paid by Virginia drivers of $1,158. USAA, Penn National, Cincinnati Insurance, and Utica National also qualify as some of the cheapest Virginia Beach, VA insurance companies.
As the rates illustrate above, if you are currently insured with Cincinnati Insurance and switched to Travelers, you may realize yearly savings of around $80. Drivers with Utica National could save as much as $105 a year, and Auto-Owners policyholders might reduce rates by $128 a year.
To find out how your current rates compare, click here to start a quote or feel free to get quotes from the companies below.
Understand that those policy rates are averaged for all drivers and vehicles and are not factoring in a vehicle location for teenage females. So the insurer that fits your needs best may not even be in the top 30 companies in the list above. That points out the importance of why you need to compare rates from multiple companies using your own personal information and vehicle type.
The type of vehicle driven is a significant factor when looking for cheaper insurance for teenage females. Vehicles with lower performance, good crash test ratings, or a low likelihood of having liability claims will cost substantially less to insure than high performance models. The next table showcases auto insurance prices for a number of the cheapest automobiles to buy coverage for.
|Insured Vehicle||Estimated Cost for Full Coverage|
|Hyundai Elantra GLS Touring Station Wagon||$4,432|
|Honda Accord LX-P 4-Dr Sedan||$4,437|
|Honda CR-V EX-L 2WD||$4,473|
|Ford Escape Limited 4WD||$4,741|
|Volkswagen Jetta S 2.5 Station Wagon||$4,749|
|Ford F-150 STX Regular Cab 2WD||$4,947|
|Ford Explorer XLT 2WD||$4,988|
|Toyota Tacoma 4WD||$4,995|
|Ford Edge SEL 2WD||$5,216|
|Honda Odyssey EX||$5,226|
|Jeep Grand Cherokee Laredo 2WD||$5,257|
|Dodge Grand Caravan Hero||$5,266|
|Chevrolet Equinox LT 2WD||$5,257|
|Chevrolet Impala LT||$5,262|
|Toyota RAV4 Limited 4WD||$5,257|
|Chevrolet Malibu LT||$5,297|
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Data based on single female driver age 16, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Virginia minimum liability limits. Discounts applied include claim-free, and safe-driver. Premium costs do not factor in specific location which can modify premium rates greatly.
Based upon these rates, you can conclude that cars like the Hyundai Elantra, Honda Accord, Honda CR-V, and Ford Escape are likely to be a few of the most economical vehicles to insure for teen girls. The price for an auto insurance policy will be higher anyway because there is more exposure for teenage females, but generally speaking those vehicles will tend to have the lowest insurance prices that you’ll find.
The diagram below demonstrates how deductible levels can impact yearly insurance costs when quoting cheap insurance for teenage females. The rate quotes are based on a single female driver, full coverage, and no policy discounts are applied.
A 40-year-old driver could save $276 a year by switching from a $100 deductible up to a $500 deductible, or save $414 by switching to a $1,000 deductible. Youthful drivers, like the Age 20 chart data, have the ability to save $708 annually just by choosing higher deductibles when buying full coverage. When choosing a higher deductible, it will be required to have enough savings to be able to cover the extra out-of-pocket expense, which is the main drawback of higher deductibles.
Discounts on Virginia Beach auto insurance
Insurance companies that provide policies for teenage females may also provide premium discounts that could reduce prices by as much as 35% if you meet specific eligibility requirements. A few of the larger companies and some of the premium reductions they offer are shown below.
- GEICO offers discounts including driver training, defensive driver, multi-vehicle, air bags, anti-theft, anti-lock brakes, and federal employee.
- USAA has discounts for good student, vehicle storage, defensive driver, loyalty savings, annual mileage, multi-policy, and military installation.
- Progressive has savings for homeowner, online signing, good student, online quote discount, and multi-vehicle.
- American Family offers discounts for TimeAway discount, early bird, Steer into Savings, good student, multi-vehicle, air bags, and good driver.
- Esurance offers premium reductions for good student, multi-car, DriveSense, good driver, anti-lock brakes, Pac-12 alumni, and Switch & Save.
- Farmers Insurance may offer discounts for switch companies, alternative fuel, multi-car, business and professional, youthful driver, good student, and bundle discounts.
- State Farm policyholders can earn discounts including good driver, anti-theft, good student, accident-free, multiple autos, and driver’s education.
The diagram below shows the difference between insurance premiums with and without policy discounts. The price estimates are based on a female driver, no driving violations, no at-fault accidents, Virginia state minimum liability limits, comprehensive and collision coverage, and $250 deductibles. The first bar for each age group shows the average annual price with no discounts. The second bar shows the rates with vehicle safety, anti-theft, passive restraint, paid-in-full, continuous coverage, and good student discounts applied. When taking advantage of discounts, theaverage yearly reduction on car insurance for teenage females is 28% or $457.
Impact of speeding/accidents on Virginia Beach car insurance rates
The common sense way to score low car insurance rates for teen girls is to drive attentively and avoid accidents and traffic violations. The example below illustrates how speeding tickets and at-fault fender-benders can influence insurance prices for different categories of driver ages. The information is based on a married male driver, comp and collision included, $500 deductibles, and no discounts are applied.
In the chart above, the average cost of auto insurance in Virginia per year with no accidents or violations is $1,382. Factor in one speeding ticket and the average cost surges to $1,589, an increase of $207 each year. Now add in two accidents along with the one speeding ticket and the yearly cost of car insurance for teenage females goes up to an average of $3,460. That’s an increase of $2,078, or $173 per month, just for not driving safely!
If you like to get some professional input when shopping around for cheaper insurance for teen girls, the agents listed below are a good start to aid you in deciding which car insurance policy is best.
To find an auto insurance agency nearest to you, click the button following the list or click here to compare rates now.
Bunn Insurance Agency Inc
1248 Culver Ln – Virginia Beach, VA 23454 – (757) 426-2664
Nationwide Insurance: Guzman Insurance Agency Inc
1920 Centerville Turnpike Ste 97 – Virginia Beach, VA 23464 – (757) 479-0551
Toby Leffel Insurance Agency
921 First Colonial Road #1703 – Virginia Beach, VA 23454 – (757) 481-9105
Hy Dress – State Farm Insurance Agent
1517 Lynnhaven Pkwy #101 – Virginia Beach, VA 23453 – (757) 427-1987
State Farm: Paula Faivre
2052 S Independence Blvd #007 – Virginia Beach, VA 23453 – (757) 340-3999
How to find low-cost insurance for teenage females
Here are many penny-pinching solutions that can help you locate cheap coverage.
- Do not pay for full coverage if not needed
- Do not get tickets or violations
- Raise deductibles to save money
- The safer your car, the less it costs to insure
- Accident-free drivers may qualify for discounts
- Higher credit scores can equal lower rates
- Compare rate quotes frequently
That last idea is remarkably critical, as was noted in this article. Prices can be adjusted at any time, so don’t be tentative to buy a policy from a new company if you find a cheaper price.
Having a favorite company is great, but it’s not a great idea if that devotion results in you overpaying hundreds of dollars a year. Take a few minutes and shop around to find cheaper insurance for teenage females in Virginia Beach.