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Finding the cheapest car insurance quotes in Speedwell 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 Speedwell
The car insurance rate in Speedwell is $581 for a six-month policy, which is $57 lower than the higher than the state average. Root Insurance Company offers the lowest rates in the city at $335, making it a popular choice for budget-conscious drivers. Rates in Speedwell 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 $335 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 $410 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 $416
for six months, making it
the third cheapest auto insurance company in Speedwell.
Speedwell Car Insurance Rates by Company
Based on our research, the cheapest car insurance company in Speedwell, VA is Virginia Farm Bureau, offering policies at just $335 for a six-month term. This is followed by American Family, which has an average six-month premium of $410.
At the higher end of the spectrum, Allstate is the most expensive, with rates reaching $1048 for a six-month policy. Rates can vary widely by driver, but comparing quotes from multiple companies can help Speedwell drivers find the best deals.
Way's key takeaways about car insurance in Speedwell
The auto insurance costs in Speedwell fall around $335 for six
months.
The cheapest auto insurance company in Speedwell is Virginia Farm Bureau.
Teen drivers pay the highest rate in Speedwell at $643 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 Speedwell
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 Speedwell are given below.
Virginia Farm Bureau provides
the cheapest minimum car insurance
coverage in Speedwell. Their Average 6 Month Premium is $140.
Nationwide is the most
expensive at $454 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 Speedwell is Virginia Farm Bureau
at $57 per month and $335
for six months.
Cheapest Full Coverage Car Insurance Quotes in Speedwell,
VA
Get Your Car Insurance Quote in Speedwell
Instantly!
Average Car Insurance in Speedwell 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 Speedwell, VA increasing?
Despite maintaining a clean driving record, your car insurance rates
in Speedwell, 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, Speedwell's high urban population density, raised
auto
theft rates, and frequent natural disasters contribute to increased insurance costs.
Car Insurance Premiums by Age in Speedwell
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
$592
30s
Virginia Farm Bureau
$446
40s
USAA
$416
50s
USAA
$390
60s
USAA
$410
70s
USAA
$652
Cheapest Car Insurance Rates for Teen Drivers in
Speedwell,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 Speedwell at $24
per
month. At $3859 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 Speedwell.
As young drivers face the highest rates in Speedwell, USAA
offers the cheapest auto insurance rates at $592 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 Speedwell,
Mercury is
the cheapest car insurance provider. At $200 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
Speedwell is Nationwide, offering
rates of around $384 for six
months.
Save up to $971/yr on car insurance rates in Speedwell.
Car Insurance Rates with An Accident in Speedwell
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 Speedwell, VA,
accidents can lead to
significant hikes in your premiums.
Cheapest Car Insurance Companies after an At-Fault Accident
in Speedwell
The cheapest car insurance companies after an at-fault accident in
Speedwell include AutoOwners Insurance Co
and Virginia Farm Bureau, offering $195
and $195,
respectively. Encompass is an expensive provider
with an average six-month premium of
$438.
Here is a list of driving violations that can increase your car
insurance rates in Speedwell VA. For example, the car
insurance in Speedwell
after a DUI increases to $854 for a six
month policy. While the rate increases by $179 for a six-month policy in the case of
a speeding ticket.
Speedwell auto insurance quotes by violations
Accident/Violation
Avg. 6 Mo Premium
Avg. Monthly Premium
None
$854
$142
One Med/PIP claim
$854
$146
Not-at-fault accident
$886
$147
Two Med/PIP claims
$914
$156
One comp claim
$925
$154
Two comp claims
$967
$165
Failure to show documents
$973
$162
Driving without lights
$989
$168
Child safety restraint
$995
$166
Driving with expired registration
$1006
$171
Failure to wear a seat belt
$1016
$169
Cell phone violation
$1027
$175
Driving too slowly
$1027
$171
Failure to yield
$1027
$175
Speeding in school zone
$1027
$171
Texting while driving
$1027
$175
Wrong way/wrong lane
$1027
$171
Failure to stop at a red light
$1033
$176
Following too closely
$1033
$172
Illegal turn
$1033
$176
Improper passing
$1033
$172
Speeding 6 - 10 MPH over limit
$1033
$176
Speeding 16 - 20 MPH over limit
$1043
$174
Speeding 11 - 15 MPH over limit
$1048
$178
Passing school bus
$1081
$180
In 65 MPH zone
$1119
$190
Open container
$1135
$189
Speeding 21 - 25 MPH over limit
$1135
$193
At-fault accident - less than $1000
$1168
$195
Operating a vehicle without permission
$1254
$213
At-fault accident - $1000-$2000
$1270
$212
At-fault accident - greater than $2000
$1270
$216
Reckless driving
$1546
$258
Racing
$1660
$282
DUI
$1708
$285
Refusal to submit to a chemical test
$1708
$290
Driving with a suspended license
$1795
$299
Leaving scene of an accident/hit and run
$1795
$305
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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 Speedwell 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 Speedwell.
The cheapest car insurance premiums in
Speedwell are
offered by Virginia Farm Bureau at $173 for a six-month policy.
However, it can be as
expensive as $1487 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 Speedwell are offered by Mercury
at $200. However,
it can be as expensive as $270
with companies like State Farm for a similar
six-month premium.
Cheapest Car Insurance in Speedwell after Speeding ticket
Car insurance rates in Speedwell have fluctuated due to factors
such as state regulations, inflation, and changing driving habits.
The average cost of full coverage in the Speedwell rose by
$82 in December
compared to $79 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 Speedwell rose to $42 in December,
compared to $40 in November.
This represents an increase of $2
when comparing December and November.
Average Car Insurance Cost in Speedwell 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
Speedwell. At $1161 for a
six-month policy, insuring
your car at 24374 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 Speedwell?
The car insurance in Speedwell is $24 per month, which is lower than the national average.
What is the cheapest car insurance in Speedwell?
The cheapest car insurance in Speedwell
is $57 per month
for full coverage.
How much is car insurance in Speedwell for teenagers?
Car insurance for teenagers costs $140 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
Speedwell?
The average cost of car insurance is $638 for a six-month
policy. It will cost around $97 per month to insure your
car in Speedwell.
Is car insurance expensive in Speedwell?
Car insurance can be expensive in Speedwell if your
rating
factors are not favorable. However, with a clean driving record and good
credit
score, car insurance rates in Speedwell can be
affordable.
What is the best car insurance in Speedwell,
VA?
The best car insurance company in Speedwell
VA is
Virginia Farm Bureau, offering $335 for a
six-month policy.
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Find Car Insurance Rates in Cities Near Speedwell, VA
Car Insurance Rates by State in the USA (2025 Update)
Speedwell Car Insurance
