This state has one of the highest car insurance rates in the USA. This doesn’t mean that you cannot find cheap automobile insurance in West Virginia. Actually it makes it even more rewarding to shop around for the best prices for the same coverage. Higher the premiums are bigger the potential dollar savings. A 10% discount would mean couple of hundred dollars savings if your premium is around couple of thousand dollars. Finding 10% savings is pretty easily achievable task in a market where people often lower car insurance by 50%.
How Much Does Auto Insurance Cost in West Virginia?
It is difficult to judge if you are paying too high premium when there is nothing to compare it to. That is why it is important to get number of quotes. Another way of knowing where your premium is at in terms of affordability is to check the state average. West Virginia average cost is $859 which is slightly higher than the national average. The average is calculated by dividing total premium by number of automobiles in the Mountain State.
Average cost of full coverage is $1,456 in WV, which is about $130 more than the US average. You can see that the type of coverage you want affects your rates a lot. However, you can get cheap full coverage auto insurance if you shop around a bit. Quite a few insurers reduce rates substantially when you want to buy large coverage in comparison to wanting the basic liability coverage.
They stick to their guns when you want the bare bone policy for two reasons. First of all, this is the part that is always in the line for claims. For example, your basic policy coverage would pay no matter how small is a liability claim. However, the increased portion of a liability coverage would only pay when the claim exceeds the basic limits. Secondly, insurers don’t feel they needto try hard to sell these policies since basic liability coverage is legally required in every state.
Uninsured Drivers are at 11% and below national average. In general state does not fall far from national average on other areas of driving figures. This is a better news as drivers in your areas can affect your in many ways. Careless drivers causes others to have accidents, hit your car while it is parked and you end up paying for their mistakes when there are too many accidents in a particular zip code. You may be a good driver but insurers will be concerned with what is going on around you.
West Virginia Liability Requirements
Minimum Requirements in WV are;
- $25,000 for bodily injury or death per person.
- $50,000 total for bodily injury or death per accident.
- $25,000 for property damage.
It is one of the few states Uninsured Drivers Coverage is mandatory. The same coverage limits for liabilities apply for Uninsured Driver Coverage as well. It is a nice inclusion to have uninsured driver coverage. Please note that your liabilities coverage will determine your limits for uninsured drivers. This should give you more reasons to have a good level of liabilities coverage. It is nice to be covered well against claims you may receive or losses you may suffer due to other drivers who aren’t insured. For insuring your own vehicle you should consider at least Comprehensive and Collision Coverage. It is highly beneficial to insure your car properly unless it is a worthless junk.
You can visit WV Insurance Commissioner’s page for general information and confirmation of facts including license details of the broker you are dealing with. Here are some more car insurance facts you can read before you leave our site.
If you need further assistance you can find yourself a broker or agent. Another option is to look for information on the internet. You can get several automobile insurance quotes and compare them with each other using one a decent comparison site. There are plenty of them on the internet and they can be found with a quick search. There is no need to try and find companies directly when you are working with a comparison website. They will tell you which companies are reasonably priced in your zip code so that you can go and get quotes from them.
Cheap Car Insurance Companies in West Virginia
These are the cheapest auto insurers across the WV including most of its cities. The average costs across the cities spread widely in this state with Wayne, Madison, Logan and Williamson being the most expensive. They are $300 – $400 more expensive than the state average.
- Erie, $715
- State Farm, $965
- Westfield, $965
There are plenty discounts you can take advantage of regardless of where you live. You can find some savings even if your driving history and claims record aren’t great. For example you can claim discounts if your credit score is good instead. Paying the premium in full and limiting the possible drivers in your policy is some of the lesser known car insurance discounts you can use to bring the costs down.
You should also know that every company offer different level of discounts. For example, one company may offer 30% good driver discount and 10% discount for good credit while the other company offer 20% discount for good credit and 20% discount for good drivers. So, if you have good driving record but bad credit score you would get better rates from the former. On the other hand you may still get good rates from the latter if you don’t have good driving record but great credit score.
These are a few secrets you can take advantage of when you search a little bit. There are plenty choices in terms of insurers in West Virginia from small local companies to top auto insurance companies in the country. If you have a special preference towards local companies this would affect your choice. There are so many factors that can affect your rates and your decision. That is why it is better not to rush into quick buys but take your time to digest all the information first.