Virginia has elevated the legal responsibility insurance coverage protection required for autos in Virginia.
The brand new legislation applies to car insurance coverage insurance policies issued or renewed on or after January 1, 2022. On January 1, 2025, necessities will once more change below the brand new legislation.
Required protection quantities are up from $25,000 to $30,000 for bodily damage to or loss of life and from $50,000 to $60,000 for bodily damage to or loss of life of two or extra individuals for insurance policies efficient between January 1, 2022, and January 1, 2025. The property insurance coverage requirement is $20,000 for damage to or destruction of property of others because of anybody accident.
For insurance policies efficient after January 1, 2025, the legal responsibility insurance coverage protection quantities improve to $50,000 in circumstances of bodily damage to or loss of life of 1 individual, $100,000 in circumstances of bodily damage to or loss of life of two or extra individuals from anybody accident. Additionally in 2025, the property insurance coverage requirement will improve to $25,000,
The brand new legislation requires that self-insured operators of taxicabs keep safety towards uninsured and underinsured drivers with bodily damage limits of $25,000/$50,000, and property protection of $20,000, with respect to every motorcar.
To buy license plates and title and register a car in Virginia, a buyer should certify the car is roofed by the minimal insurance coverage necessities or pay the uninsured motorcar charge.
In abstract, the brand new legislation raises the minimal insurance coverage protection necessities over the following three years to the next:
| Legal responsibility Insurance coverage Protection Necessities | |||
| Damage or loss of life of 1 individual | Damage or loss of life of two or extra individuals | Property injury | |
| Present necessities | $25,000 | $50,000 | $20,000 |
| Insurance policies efficient Jan. 1, 2022 via Dec. 31, 2024 | $30,000 | $60,000 | $20,000 |
| Insurance policies efficient on or after Jan. 1, 2025 | $50,000 | $100,000 | $25,000 |
Automobile homeowners caught driving with out insurance coverage or who haven’t paid the uninsured motorcar charge can have their driving and car registration privileges suspended. To reinstate these privileges, they have to pay a $600 noncompliance charge, file a monetary accountability certificates with the Virginia Division of Motor Autos for 3 years, and pay a reinstatement charge.
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Virginia has elevated the legal responsibility insurance coverage protection required for autos in Virginia.
The brand new legislation applies to car insurance coverage insurance policies issued or renewed on or after January 1, 2022. On January 1, 2025, necessities will once more change below the brand new legislation.
Required protection quantities are up from $25,000 to $30,000 for bodily damage to or loss of life and from $50,000 to $60,000 for bodily damage to or loss of life of two or extra individuals for insurance policies efficient between January 1, 2022, and January 1, 2025. The property insurance coverage requirement is $20,000 for damage to or destruction of property of others because of anybody accident.
For insurance policies efficient after January 1, 2025, the legal responsibility insurance coverage protection quantities improve to $50,000 in circumstances of bodily damage to or loss of life of 1 individual, $100,000 in circumstances of bodily damage to or loss of life of two or extra individuals from anybody accident. Additionally in 2025, the property insurance coverage requirement will improve to $25,000,
The brand new legislation requires that self-insured operators of taxicabs keep safety towards uninsured and underinsured drivers with bodily damage limits of $25,000/$50,000, and property protection of $20,000, with respect to every motorcar.
To buy license plates and title and register a car in Virginia, a buyer should certify the car is roofed by the minimal insurance coverage necessities or pay the uninsured motorcar charge.
In abstract, the brand new legislation raises the minimal insurance coverage protection necessities over the following three years to the next:
| Legal responsibility Insurance coverage Protection Necessities | |||
| Damage or loss of life of 1 individual | Damage or loss of life of two or extra individuals | Property injury | |
| Present necessities | $25,000 | $50,000 | $20,000 |
| Insurance policies efficient Jan. 1, 2022 via Dec. 31, 2024 | $30,000 | $60,000 | $20,000 |
| Insurance policies efficient on or after Jan. 1, 2025 | $50,000 | $100,000 | $25,000 |
Automobile homeowners caught driving with out insurance coverage or who haven’t paid the uninsured motorcar charge can have their driving and car registration privileges suspended. To reinstate these privileges, they have to pay a $600 noncompliance charge, file a monetary accountability certificates with the Virginia Division of Motor Autos for 3 years, and pay a reinstatement charge.
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