Automobile accidents have the potential to happen anywhere, even in the Commonwealth of Virginia. In 2010 the Department of Motor Vehicles (DMV) estimated that there were 8,001,024 people living in the Old Dominion State, 5,569,524 of which are licensed drivers. To remain prepared for potential medical or repair costs that may follow an accident, motorists are encouraged to purchase vehicle coverage, even though it is not required by the state. There are policies available at a variety of prices and provide varying levels of protection, making it fairly easy to find an adequate policy instead of paying the VA uninsured motorist fee and remaining vulnerable to potential crash related costs or lawsuits.
Even the most careful drivers face the possibility of being involved in a car crash whenever they operate an automobile. Whether or not a motorist has purchased Virginia car insurance can mean the difference between a simple collision and a financially devastating accident. In 2009 there were an estimated 116,744 car crashes within the state, with 4,761 taking place in Richmond City alone. As previously mentioned, residents have the choice of paying an uninsured motorist fee of $500 to the DMV, which must be paid annually upon registration renewal. This option, however, provides absolutely no protection, and drivers are required to follow state financial responsibility laws and be able to pay for injuries or damages they may cause in an accident.
Shopping for VA Auto Insurance
Luckily for residents, vehicle coverage can be simple to locate and may not cost very much more than the uninsured motorist fee. Drivers that choose to purchase a policy must carry a minimum amount of bodily injury liability equal to $25,000 for one person and $50,000 for two people or more, as well as $20,000 for property damage. Drivers must also carry uninsured/underinsured motorist coverage with the same limits, which is subject to a $200 deductible if the policyholder is struck by an unidentifiable hit-and-run driver. For additional protection against damages to a motorist’s own automobile, vehicle owners may want to include comprehensive and collision protection as well, which is designed to cover a wide range of potential damages.
Shopping for a policy in the Old Dominion State is a lot like shopping for other products, especially if a resident uses the Internet. Drivers are urged to compare policy estimates from as many insurers as possible because prices are likely to be different depending on the provider. Examining a variety of protection plans could help a motorist find a cheap policy that can still provide a suitable amount of coverage. The World Wide Web also allows drivers to see potentially dozens of quotes in a single location in only a matter of minutes, which is typically faster than calling companies individually. It is important for drivers to Know Your Rights Regarding Personal Automobile Insurance if services are refused, and to take the time and make the effort to search for a vehicle protection plan. Doing so is strongly encouraged and may help a motorist avoid expensive repairs or even medical costs after an accident.