The vehicle model you are trying to insure is one of the largest factors that determines the availability of affordable coverage for 19 year olds. Vehicles with high performance, poor passenger safety features, or a history of substantial liability claims will cost significantly more to insure than safer, lower-performance models.
The next list estimates car insurance prices for some of the most economical automobiles to insure in Virginia.
|Vehicle||Estimated Cost for Full Coverage|
|Ford Escape XLS 2WD||$3,318|
|Honda CR-V EX-L 2WD||$3,359|
|Ford Explorer Eddie Bauer 2WD||$3,706|
|Ford F-150 XL Crew Cab 2WD||$3,714|
|Chevrolet Impala LS||$3,901|
|Toyota Tacoma Double Cab 4WD||$3,941|
|Toyota RAV4 Sport 4WD||$3,949|
|Ford Fusion S 4-Dr Sedan||$3,941|
|Dodge Grand Caravan Crew||$3,982|
|Dodge Ram 3500 Crew Cab Laramie 2WD||$3,988|
|Jeep Wrangler Unlimited Sport 2WD 4-Dr||$4,013|
|Ford Edge Sport 2WD||$4,174|
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Data based on single female driver age 19, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Virginia minimum liability limits. Discounts applied include safe-driver, and claim-free. Rates do not factor in zip code location which can affect price quotes greatly.
Based upon these rates, makes and models like the Ford Escape, Honda CR-V, Toyota Prius, and Ford Explorer will be some of the cheaper vehicles to insure for teenage drivers. The price of auto insurance will tend to be more expensive anyway because of the fact that there is more inherent risk for 19 year olds, but generally speaking those specific models will probably have the lowest insurance prices possible.
Finding out which company has the cheapest auto insurance rates for 19 year olds requires a little more sweat in order to find coverage that fits your budget.
Each insurer has their own unique process for establishing rates, so let’s take a look at the auto insurance companies with the most affordable rates in Virginia Beach. It’s important to know that Virginia Beach auto insurance rates are based on many factors that control the policy premium. Improving your credit rating, filing a claim, or getting caught speeding may prompt premium changes that can now make some companies cheaper than competitors.
Compare Cheap Insurance Quotes for Teens
|Rank||Company||Cost Per Year|
|9||Virginia Farm Bureau||$802|
|15||National Grange Mutual||$1,071|
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Travelers has some of the most affordable car insurance rates in Virginia Beach at around $673 each year. This is $485 less than the average price paid by Virginia drivers of $1,158. USAA, Cincinnati Insurance, Penn National, and Auto-Owners also make the cut as some of the cheapest Virginia Beach, VA insurance companies.
As the example above demonstrates, if you are a customer of Penn National and switched to Travelers, you may see savings of upwards of $67. Virginia drivers with Auto-Owners might save as much as $92 a year, and The Hartford customers might realize rate reductions of up to $104 a year.
To discover how much you can save, click here to get quotes or click through to the companies below.
Be aware that those prices are averages across all types of drivers and the different vehicles they drive and do not take into consideration a vehicle location for 19 year olds. So the insurer that is most affordable for your situation may not even be in the top 30 companies in the list above. That underscores the importance of why you need to get rate quotes using your own personal information and vehicle type.
Full coverage versus liability only rates
Paying a lower price for auto insurance is important to most drivers, and one of the easiest ways to lower the cost of insurance for 19 year olds is to only pay for liability coverage. The diagram below illustrates the difference between insurance costs with full physical damage coverage and with liability coverage only. The costs are based on a clean driving record, no claims, $500 deductibles, marital status is single, and no discounts are factored in.
As an average for all age groups, full coverage on your policy costs an extra $1,625 per year over liability only. That may make you wonder if you should buy full coverage at all. There is no specific rule for excluding physical damage coverage on your policy, but there is a guideline you can consider. If the annual cost of having full coverage is more than around 10% of the replacement cost of your vehicle minus the policy deductible, then it’s probably a good time to buy liability coverage only.
There are some scenarios where only buying liability is not financially feasible. If you still have a lienholder on your title, you have to maintain full coverage as part of the loan conditions. Also, if you can’t afford to buy a different vehicle if your current one is totaled, you should keep full coverage in place.
Get discount Virginia Beach car insurance rates
Insurance providers that offer quotes for 19 year olds may also offer premium discounts that could lower prices by 35% or more if you meet specific eligibility requirements. A list of companies and their offered discounts include:
- Progressive policyholders can earn discounts including homeowner, online signing, multi-vehicle, multi-policy, and good student.
- GEICO discounts include daytime running lights, good student, five-year accident-free, membership and employees, military active duty, anti-lock brakes, and federal employee.
- State Farm may include discounts for good student, multiple autos, defensive driving training, safe vehicle, and Drive Safe & Save.
- Esurance offers premium reductions for safety device, Switch & Save, homeowner, paid-in-full, multi-car, and DriveSense.
- The Hartford offers discounts for bundle, vehicle fuel type, good student, driver training, and anti-theft.
The information below shows the comparison of insurance costs with and without some available policy discounts. The data assumes a female driver, no claims or violations, Virginia state minimum liability limits, full physical damage coverage, and $1,000 deductibles.
The first bar for each age group shows the average rate with no discounts. The second shows the rates with multiple vehicle, vehicle safety, defensive driving course, passive restraint, anti-theft, and marriage discounts applied. When discounts are applied, the average savings per year on auto insurance for 19 year olds is 28% or $340.
Here’s why you should compare rates often
Virginia auto insurance rates are calculated based on many things that control the price you pay. Improving your credit score, buying a new vehicle, or having an accident can produce rate changes that can make some companies more affordable than the competition. Also, auto insurance companies file new Virginia car insurance rates as needed to adjust for gains or losses. A period of higher than normal claims may result in higher priced premiums, while lower claims may result in cheaper Virginia Beach car insurance rates.
As an example, the chart below shows the companies that have the cheapest car insurance in Virginia Beach, VA for a 30-year-old male driver with no prior accidents, a clean driving record, and solid credit. Based on his personal risk profile, Travelers has the cheapest car insurance rates in Virginia Beach at $783 annually. This is $375 less than the average price paid by Virginia drivers of $1,158. USAA, Penn National, Cincinnati Insurance, and Auto-Owners are the remainder of the cheapest Virginia Beach, VA auto insurance companies.
In this next rate comparison, we will give the driver from the first example an accident surcharge, a lower credit rating, and a traffic ticket or two. Because each insurer uses their own formula to set their prices, analyzing rates most likely will result in a new list of the cheapest car insurance companies in Virginia Beach as shown below.
The Hartford now has the lowest price in Virginia Beach with Erie, Virginia Farm Bureau, Donegal Mutual, and Nationwide now being in the top five. This example demonstrates why it is important to compare many different companies when trying to get the lowest car insurance rates for 19 year olds.
Rates are influenced by many factors and can decrease or increase without notice, so the lowest-price company the last time you shopped around may now not even be in the top five.
If you aren’t sure which coverage you need and prefer to get some professional input when shopping for cheaper insurance for 19 year olds, the professional agents shown below can probably aid you in deciding which car insurance company is the best fit.
To locate a Virginia Beach auto insurance agent close to where you live, click the button at the bottom of the list.
Stephanie Langkil – State Farm Insurance Agent
5441 Virginia Beach Blvd #115 – Virginia Beach, VA 23462 – (757) 499-3411
Farmers Insurance – John Williams
5269 Greenwich Rd #200 – Virginia Beach, VA 23462 – (757) 456-9440
Allstate Insurance: Richard C. Barbosa, II
4382 Holland Plaza Shopping Ctr, # Ce – Virginia Beach, VA 23452 – (757) 431-0217
Jane Peak – State Farm Insurance Agent
315 N Great Neck Rd #220 – Virginia Beach, VA 23454 – (757) 340-8060
Bill Wright – State Farm Insurance Agent
4316 Virginia Beach Blvd – Virginia Beach, VA 23452 – (757) 486-4000
How to find cheaper insurance for 19 year olds
Here are a few money-saving solutions that can help Virginia Beach drivers locate cheaper auto insurance.
- Bundle home and auto and earn a discount
- Do not pay for full coverage if not needed
- Maintain a clean driving record
- Don’t have frequent claims
- Accident-free drivers may qualify for discounts
- Vehicles with good safety ratings are usually cheaper to insure
- Shop your coverage around for the best deal
That final tip is extraordinarily vital, as was pointed out in the article above. Prices fluctuate constantly, so don’t be unwilling to switch companies if a better rate can be found.
Staying with the same car insurance company is fine, but it’s not a good idea if that stubbornness costs you a lot of money. If you have a few minutes, now is a great time to compare rates to find cheaper car insurance for 19 year olds in Virginia Beach.