How does uninsured motorist coverage work in Virginia?

How does uninsured motorist coverage work in Virginia?

According to Virginia State law, a driver who has an uninsured vehicle can pay a $500 uninsured motorist fee. This allows them to drive without insurance but without penalty for 12 months. Of course, paying the fee only makes it legal to drive your car. It provides no coverage to the driver or others in a crash.

What is the minimum auto insurance coverage in Virginia?

It is illegal to drive a car in Virginia without at least the minimum amount of liability coverage required by law: Bodily injury: $25,000 per person and $50,000 per accident. Property damage: $20,000 per accident. Uninsured motorist bodily injury: $25,000 per person and $50,000 per accident.

What is standard uninsured motorist coverage?

Uninsured motorist coverage helps you pay for damages caused by a driver who doesn’t have car insurance. If you’re hurt or your car is damaged in a crash caused by such a driver, this coverage will help pay for costs, up to the limits in your policy. In that situation, the other driver would be considered underinsured.

Does uninsured motorist cover Hit and Run in Virginia?

In Virginia, uninsured motorist coverage is used to cover the costs associated with a hit-and-run accident. This includes both medical expenses and property damage.

How many uninsured drivers are in Virginia?

Estimated Percentage Of Uninsured Motorists By State, 2019 (1)

Lowest Uninsured State
Maine 4.9 Vermont
Maryland 14.1 Virginia
Massachusetts 3.5 Washington
Michigan 25.5 West Virginia

Is Virginia a mandatory insurance state?

Surprisingly, the answer is no. Drivers are not required to purchase auto insurance on a vehicle registered in Virginia. However, according to Va. Code § 46.2-706, if you do not purchase auto insurance, you are required to pay an uninsured motorist fee of $500.00 per year.

Does Virginia require full coverage car insurance?

However, Virginia is unique in that it allows drivers to pay a $500 uninsured motor vehicle (UMV) fee that allows them to drive uninsured for a certain duration of time. Furthermore, Virginia requires no coverage for your own vehicle. If you want your own car to be protected, you would need to add coverage.

How much is the uninsured motorist fee in Virginia?

If the vehicle is uninsured, the motor vehicle owner is required to pay to DMV a $500 uninsured motor vehicle fee in addition to normal registration fees. Payment of the $500 fee does not provide the motorist with any insurance coverage. If involved in an accident, the uninsured motorist remains personally liable.

What if an uninsured driver hits you in Virginia?

If you get into an accident with an at-fault, uninsured driver in Virginia, you’ll need to contact your own insurance provider right away. You should also speak with a personal injury lawyer to hold the negligent driver accountable for any injuries you sustained as a result of the crash.

How much is uninsured motorist fee in Virginia?

Every person registering an uninsured motor vehicle shall pay a fee of $500 at the time of registration. Payment of this fee allows a motor vehicle owner to operate an uninsured motor vehicle; however, payment of this fee does not provide the motorist with any insurance coverage.