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Finding the cheapest car insurance quotes in Prospect shouldn't be a guessing game. That's why our licensed insurance experts do the heavy lifting for you, analyzing rates from dozens of top companies to find you the best deal.
We believe in making things clear and simple. Our experts compare coverage options and find every possible discount, so you can see your best options side-by-side. It’s fast, free, and designed to save you a ton.
The auto insurance rates published in this guide are based on the results of research
completed by Way’s data team. Using a mix of public
and internal data, we analyzed millions of rate averages across U.S. ZIP codes. These
rates were publicly sourced from insurer filings and should be used for comparative
purposes only — your own quotes will differ. Given this, it’s important to go through
our insurance
steps form to find how much you can save with Way.
Table of Contents
How Much Is Car Insurance in Prospect
The car insurance rate in Prospect is $632 for a six-month policy, which is $6 lower than the higher than the state average. Root Insurance Company offers the lowest rates in the city at $364, making it a popular choice for budget-conscious drivers. Rates in Prospect can vary depending on your age, driving record, and coverage level, so not every driver will pay the same amount. Choosing a higher deductible, maintaining a clean driving history, and comparing quotes from multiple insurers can help you find better deals and save money over time.
At $364 for a six
month policy, Virginia Farm Bureau offers
the cheapest
auto
insurance rates in the city.
2nd place: American Family
American Family offers auto
insurance rates at $446 for a
six-month policy,
making it one of the cheapest to insure with.
3rd place: AutoOwners Insurance Co
AutoOwners Insurance Co offers auto insurance
rates at $452
for six months, making it
the third cheapest auto insurance company in Prospect.
Prospect Car Insurance Rates by Company
Based on our research, the cheapest car insurance company in Prospect, VA is Virginia Farm Bureau, offering policies at just $364 for a six-month term. This is followed by American Family, which has an average six-month premium of $446.
At the higher end of the spectrum, Allstate is the most expensive, with rates reaching $1140 for a six-month policy. Rates can vary widely by driver, but comparing quotes from multiple companies can help Prospect drivers find the best deals.
Way's key takeaways about car insurance in Prospect
The auto insurance costs in Prospect fall around $364 for six
months.
The cheapest auto insurance company in Prospect is Virginia Farm Bureau.
Teen drivers pay the highest rate in Prospect at $700 per
month.
High Rates Shouldn’t Drive You Out of Pocket.
Save up to $971/yr with our auto insurance quotes
Cheapest Minimum Liability Car Insurance in Prospect
Since car insurance is a critical requirement for owning a car, you
must have minimum liability car insurance. The cheapest car insurance companies for minimum
coverage in Prospect are given below.
Virginia Farm Bureau provides
the cheapest minimum car insurance
coverage in Prospect. Their Average 6 Month Premium is $152.
Nationwide is the most
expensive at $494 for the same
period.
One might think that minimum coverage is only required when insuring
your car insurance. However, having full coverage car insurance in any city is certainly a
wise choice as it offers better coverage and protection. Our best pick for the cheapest auto
insurance quotes in Prospect is Virginia Farm Bureau
at $62 per month and $364
for six months.
Cheapest Full Coverage Car Insurance Quotes in Prospect,
VA
Get Your Car Insurance Quote in Prospect
Instantly!
Average Car Insurance in Prospect by Rating
Factor
The car insurance rates for two people under the same ZIP
code will mostly be different. This is mostly because insurance rates are calculated
based on several rating factors. These rating factors include the driver's age, gender,
marital status, driving and claims history, credit score, location, type of vehicle, and
coverage levels.
I have a clean driving record. Why is my car insurance rate
here in Prospect, VA increasing?
Despite maintaining a clean driving record, your car insurance rates
in Prospect, Virginia, may be increasing due to several external factors.
Virginia has
experienced significant rate hikes recently, with average premiums rising by 25.5% in
2023, largely attributed to higher claims volumes and inflation.
Additionally, Prospect's high urban population density, raised
auto
theft rates, and frequent natural disasters contribute to increased insurance costs.
Car Insurance Premiums by Age in Prospect
It is quite evident why teen drivers pay the highest car insurance
rates in any city. Their lack of experience and increased accident rates make them a highly
risky category. However, as you grow older, your car insurance rates will decrease. So, it
is better to not have separate policies for teens; instead, add them to their parents'
policies.
Cheapest Car Insurance Companies Based on Age Group
Age Group
Cheapest Companies
Avg. 6 Mo. Premium
20s
USAA
$644
30s
Virginia Farm Bureau
$485
40s
USAA
$452
50s
USAA
$425
60s
USAA
$446
70s
USAA
$709
Cheapest Car Insurance Rates for Teen Drivers in
Prospect,VA
If you are planning to get a car insurance policy for your teenage
dependent, Virginia Farm Bureau provides the cheapest car
insurance in the Prospect at $26
per
month. At $4199 for a six-month premium,
Progressive offers the most expensive rate for
teen drivers.
If you are in your twenties USAA is
the best choice for car
insurance in Prospect.
As young drivers face the highest rates in Prospect, USAA
offers the cheapest auto insurance rates at $644 for six months.
Car Insurance Rates by Credit Score & Driving History
Similar to your driving history, your financial history also plays a
key role in determining your auto insurance rates. A low credit score would mean a lapse in
payment and increased chances of filing claims, which results in higher auto insurance
rates. Therefore, the higher the credit score, the lower the car insurance rates will be.
Cheapest Car Insurance Companies for Bad Credit
For those with poor credit scores in Prospect,
Mercury is
the cheapest car insurance provider. At $218 for a six-month premium, they offer
the best
rates in the city. The most expensive auto insurance rate for drivers with bad credit in
Prospect is Nationwide, offering
rates of around $418 for six
months.
Save up to $971/yr on car insurance rates in Prospect.
Car Insurance Rates with An Accident in Prospect
Both accidents and the resulting increase in insurance rates are often
beyond our control. When you’re involved in an accident, you become riskier to insure,
consequently increasing the rates. In Prospect, VA,
accidents can lead to
significant hikes in your premiums.
Cheapest Car Insurance Companies after an At-Fault Accident
in Prospect
The cheapest car insurance companies after an at-fault accident in
Prospect include AutoOwners Insurance Co
and Virginia Farm Bureau, offering $212
and $212,
respectively. Encompass is an expensive provider
with an average six-month premium of
$476.
Here is a list of driving violations that can increase your car
insurance rates in Prospect VA. For example, the car
insurance in Prospect
after a DUI increases to $928 for a six
month policy. While the rate increases by $194 for a six-month policy in the case of
a speeding ticket.
Prospect auto insurance quotes by violations
Accident/Violation
Avg. 6 Mo Premium
Avg. Monthly Premium
None
$930
$154
One Med/PIP claim
$930
$158
Not-at-fault accident
$964
$160
Two Med/PIP claims
$994
$169
One comp claim
$1006
$167
Two comp claims
$1052
$179
Failure to show documents
$1058
$176
Driving without lights
$1076
$183
Child safety restraint
$1082
$180
Driving with expired registration
$1094
$186
Failure to wear a seat belt
$1106
$184
Cell phone violation
$1118
$190
Driving too slowly
$1118
$186
Failure to yield
$1118
$190
Speeding in school zone
$1118
$186
Texting while driving
$1118
$190
Wrong way/wrong lane
$1118
$186
Failure to stop at a red light
$1124
$191
Following too closely
$1124
$187
Illegal turn
$1124
$191
Improper passing
$1124
$187
Speeding 6 - 10 MPH over limit
$1124
$191
Speeding 16 - 20 MPH over limit
$1135
$189
Speeding 11 - 15 MPH over limit
$1140
$194
Passing school bus
$1176
$196
In 65 MPH zone
$1218
$207
Open container
$1235
$206
Speeding 21 - 25 MPH over limit
$1235
$210
At-fault accident - less than $1000
$1270
$212
Operating a vehicle without permission
$1364
$232
At-fault accident - $1000-$2000
$1382
$231
At-fault accident - greater than $2000
$1382
$235
Reckless driving
$1682
$280
Racing
$1806
$307
DUI
$1858
$310
Refusal to submit to a chemical test
$1858
$316
Driving with a suspended license
$1952
$326
Leaving scene of an accident/hit and run
$1952
$332
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Way Tip
Avoid Having A DUI On Your Driving Record.
A DUI can increase your car insurance rates—by $5,000 to $10,000 over
five years. Speeding, reckless driving, and at-fault accidents also raise rates, staying on
your record for 3–5 years, while DUIs/DWIs can impact you longer.
Car Insurance Rates in Prospect after a
DUI
There may have been times when you drank but chose not to
drive—a smart and responsible decision, as most states treat DUIs as a serious
offense. Your car insurance rates can double after a DUI charge, making it harder to
find affordable coverage in Prospect.
The cheapest car insurance premiums in
Prospect are
offered by Virginia Farm Bureau at $188 for a six-month policy.
However, it can be as
expensive as $1618 with companies
like Allstate.
One of the easiest ways to save money on car insurance is
to stay within the speed limit. After a speeding violation, the cheapest car
insurance premiums in Prospect are offered by Mercury
at $218. However,
it can be as expensive as $294
with companies like State Farm for a similar
six-month premium.
Cheapest Car Insurance in Prospect after Speeding ticket
Car insurance rates in Prospect have fluctuated due to factors
such as state regulations, inflation, and changing driving habits.
The average cost of full coverage in the Prospect rose by
$89 in December
compared to $86 of November. In other words, there has been an increase by $3 when you
compare December and November.
The average cost of liability insurance in the Prospect rose to $46 in December,
compared to $44 in November.
This represents an increase of $2
when comparing December and November.
Average Car Insurance Cost in Prospect by ZIP
Code
The crime rate, the number of accidents, and the probability of
natural calamities all determine the car insurance rates in different neighborhoods in the
Prospect. At $1263 for a
six-month policy, insuring
your car at 23960 is the cheapest
in the city.
Zip Code
Average 6 Mo. Premium
Avg. Monthly Premium
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Frequently Asked Questions
How much is car insurance in Prospect?
The car insurance in Prospect is $26 per month, which is lower than the national average.
What is the cheapest car insurance in Prospect?
The cheapest car insurance in Prospect
is $62 per month
for full coverage.
How much is car insurance in Prospect for teenagers?
Car insurance for teenagers costs $152 per 6 months. The
rates for
teen drivers are higher due to their lack of experience as drivers.
What's the average cost of car insurance in
Prospect?
The average cost of car insurance is $638 for a six-month
policy. It will cost around $106 per month to insure your
car in Prospect.
Is car insurance expensive in Prospect?
Car insurance can be expensive in Prospect if your
rating
factors are not favorable. However, with a clean driving record and good
credit
score, car insurance rates in Prospect can be
affordable.
What is the best car insurance in Prospect,
VA?
The best car insurance company in Prospect
VA is
Virginia Farm Bureau, offering $364 for a
six-month policy.
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Find Car Insurance Rates in Cities Near Prospect, VA
Car Insurance Rates by State in the USA (2025 Update)
Prospect Car Insurance
