SafeAuto Insurance Company offers great rates to Virginia drivers, even though they're not one of the largest carriers. They have only been in existence for 20 years and started as a small company in Ohio. But since that time, they have expanded into 16 states (including Va) and specialize in minimum required liability limits to keep premiums low. However, recently, they began offering higher limits to provide customers more choices.
SafeAuto is similar to Esurance since they do not rely on local offices to sell their policies. Reputable websites like ours offer their free quotes to drivers that wish to find cheap prices on their cars or trucks. Also, as a consumer-direct company, they traditionally incur less advertising and commission expenses than other competitors in their market. As they say, "we cut out the middleman." In addition to conventional policies, SR-22 Bonds, SR22A, and FR44 forms and assistance are always available.
It is important to understand that visitors to our website always view the lowest possible online Virginia auto insurance quotes from all carriers, whether they are consumer-direct or not. And this includes SafeAuto, since we offer "direct" pricing to them as well as all other companies. There are no hidden expenses, fees or silly associations to join. If this company is your cheapest option, we'll tell you. But if there are better alternatives in your area, our loyalty is to you, not any one company.
When comparing applications for coverage and the volume of information required for an approval, our research shows that SafeAuto generally asks less questions and issues policies as quickly (or quicker) than most other insurers. Their underwriting departments are designed to quickly digest information (much of it is automated) and promptly make a decision. And if you are driving without coverage, this is an important feature. It is possible to apply for a policy, and get covered the same day with your ID cards in hand. Declaration pages and other needed paperwork can be easily faxed or emailed.
NOTE: Along with Virginia, the other states that SA currently writes policies are Arizona, Georgia, Illinois, Indiana, Kansas, Kentucky, Louisiana, Ohio, Missouri, Mississippi, South Carolina, Oklahoma, Pennsylvania, Texas, and Tennessee. Depending on projected profitability and the marketplace, several additional states will be added within the next 36 months.
Billing And Liability Options
Their billing options are as flexible as any company in Virginia. Of course, you can pay bills online or receive hard copies in the mail. Credit card and debit card options are also available. If you're late paying a bill, you can use a phone option and in many situations, a grace period will extend some of the coverage for you. When we researched their customer service and automated phone system, we were very satisfied with the response time. The wait time was usually short and the employees seemed to be well-trained and happy to be at work. Customer call-centers were located in the US.
Although the majority of in-force policies carry the bare minimum requirements, higher liability limit options are now available. We believe that is a great step forward in serving the consumer's needs. While everybody wants cheap car insurance in Virginia, not everyone wants basic coverage. By offering stepped-up bodily injury, property damage and uninsured motorists protection, this should enhance their reputation and over the long run, make them more competitive in the marketplace.
We also anticipate that in the future, personal umbrella liability riders will be offered, along with several other property and casualty products. Recently, they began working with Augeo Benefits to offer limited-benefit healthcare plans. However, these contracts are not ACA-compliant, and do not qualify as Marketplace coverage.
Although most out-of-state policies are still issued at $12,500/$25,000 liability limits, we are seeing $25,000/$50,000 (and higher) amounts submitted. Since the increase in premium is not significant, we anticipate a higher percentage of applications will contain these higher amounts over the next few years. Many states (Ohio, for example) have passed legislation that bumps up the mandatory bodily injury and property damage coverage. It's natural to assume that Virginia will eventually do the same. The next level of liability would be $30,000 per person and $60,000 per accident.
Current Minimum Liability Requirements
The current requirements for liability coverage in the state are $25,000 per person, $50,000 per occurrence, and $20,000 of property damage.. Although we don't expect SA to offer policies with $1 million of liability anytime soon, as in other states, we believe they will offer enhancements to their existing liability options in the upcoming years. This could include riders that allow SafeAuto to more easily compare apples-to-apples coverage with other carriers. For lapsed car insurance policies in Virginia, there would also be additional options when reinstating.
SA is an innovative company that seems to be very responsive to customer comments and the recommendations they receive. We feel confident that if they are a carrier you choose to do business with, you'll be a satisfied customer. You can view quotes on our website and easily compare prices with other companies. Your quotes are always customized to match the vehicles you own, the drivers in your household, and your personal budget needs.
Edward Harris is the owner and founder of this website. Since 1980, he has been helping individuals and families with their car insurance needs. During that time, he has handled more than 10,000 applications and continues to provide service for thousands of clients.
Ed is married with two children and enjoys tennis, golf, and international politics. Reluctantly, he bowls once every 10 years.