Driving without insurance in Virginia is a fool’s game.
The amounts and types of auto insurance coverage vary between carriers, but the most common coverages are outlined as follows:
Collision coverage refers to coverage that will apply to your vehicle if it collides with something (i.e., another vehicle, an object, a pothole, etc.).
Comprehensive/other than collision coverage refers to coverage that would apply to your vehicle if it were damaged/impacted by a peril other than a collision (i.e., fire, theft, glass damage, etc.).
Liability coverage is used to pay for bodily injury and/or property damages that you cause others as a result of operating your vehicle. This coverage is required by law in Virginia if your vehicle has active license plates.
Uninsured motorist coverage pays for you and your passengers’ medical and related expenses caused by an underinsured/uninsured/unknown motorist.
Be advised that if you are financing a vehicle, your lender will likely require you to carry all of the coverages outlined above.
Auto insurance is a complicated but crucial insurance product. Please give us a call today so that we can assist you in tailoring your insurance coverage to suit your budget and specific needs.