Buying the minimum amount of car insurance required to drive in Virginia will save you money on your premium. However, it's important to understand that without adequate auto insurance coverage, you could be left with the bills after a car accident, regardless of whether you caused it or not. The only benefit is that it gives you the legal ability to drive on public roads in Virginia without being subject to fines or penalties for not having insurance coverage. Under Virginia law, drivers must obtain the minimum required car insurance coverage or pay a fee for driving without insurance.
If the program cannot verify coverage, the vehicle owner will receive an insurance verification inquiry letter with instructions for submitting policy information through the insurance verification page on the Virginia DMV website. There are several types of convictions that require drivers to submit an SR-22 financial responsibility certification, including the failure to submit proof of insurance associated with the Virginia Insurance Verification Program. A car insurance deductible is simply the amount you'll have to pay before the insurance company assumes the rest of the costs. Under Virginia auto insurance laws, drivers must carry proof of insurance in all vehicles at all times, either in the form of an identification card or electronically.
You'll also find helpful tips to make sure you get the right car insurance for your situation. Unlike most other states, Virginia doesn't strictly require drivers on its roads to have auto insurance. Never assume that your insurance automatically covers your passengers without reading your policy and checking your coverage with your insurance company. Insurance companies can include in their policy premium the driving history of anyone of driving age who resides in the insured's home.