Purchasing and driving an auto is great and to protect yourself and your investment it is always best to have auto insurance but if you live in Virginia, you at least have to obtain liability insurance.
According to the Virginia Highway Safety Office, a total of 125, 800 car accidents occurred in the state in 2015 that injured 65,000 people and took the lives of 753 others. The risk of being involved in a car accident is a real threat and everyone needs to take it seriously and have the insurance to cover their vehicles, medical bills, and loss of wages in case they are involved in an accident.
The minimum insurance requirements in Virginia include the fact that all drivers must obtain a liability insurance policy that includes at least $25,000 in coverage for bodily injury per person, $50,000 in coverage for bodily injury per accident, and at least $20,000 in coverage for property damage.
Liability coverage only applies damages that you cause another person to suffer if an accident occurs that is your fault. It does not cover you if you are injured and does not cover damages to your vehicle.
The state of Virginia also allows motorists to avoid obtaining liability insurance if you pay the state’s fee of $500 for uninsured motorists but it does not offer any insurance coverage at all. It does give you the ability to drive on the public roads of Virginia without being fined or paying penalties for not carrying insurance. However, if you cause an accident, you will have to pay for any injuries to a person or damage to property that occurs because of the crash.
Many drivers opt for more coverage than uninsured motorist or liability insurance offers. These types of insurance include full-coverage insurance that will pay for damages to your vehicle due to an accident caused by you or someone without insurance, theft, weather-related incident or vandalism. You can also obtain comprehensive coverage that includes damages from vandalism, theft, fire, or hail or collision insurance in case you hit another car or object, such as a fence, and need your vehicle repaired or replaced.
An experienced insurance agent at Armor Insurance Group in Virginia Beach, VA can assist you in choosing the coverage that is best for you and your situation.