Auto insurance rates in West Virginia are somewhat higher than the national average, which is $1,440 compared to an average of $1,599 in West Virginia for 2011.
Annual Changes
The average annual premium for 2011 fell 13% compared to 2010, and this reduction followed an earlier drop of 6% between 2009 and 2010. It is not possible to know whether prices will rise or fall in the future. Therefore, monitoring rates and obtaining frequent quotes through this site is the best way for drivers in West Virginia to find the lowest possible rates for auto insurance. The market for car insurance in West Virginia is not fixed in any way and insurance providers determine their own rates.
Seasonal Changes
West Virginia car insurance rates climbed steadily in every month from the beginning of 2010 until dropping sharply in August and falling again in September. Yet, in October rates began to rise again, and they peaked in December before falling again for 2011. This shows that rate changes in West Virginia can occur quite rapidly, and keeping track of changes is the best way for drivers to make sure they are paying the lowest prices.
Insurance Requirements
The minimum insurance requirements in West Virginia include personal liability coverage of $20,000 per person and a $40,000 limit per accident, while the minimum property damage liability coverage is set at $10,000. There is also a mandatory uninsured and underinsured motorist coverage requirement with the exact same limits as those for standard coverage. West Virginia is a tort state, where one party is judged responsible and liable for all damages that result from an accident. Higher coverage limits are therefore highly recommended to preserve assets in the event of a lawsuit.
Advice for Getting the Best Deals
West Virginia drivers can obtain reliable auto insurance coverage from regional and national insurers. Since each company uses different methods of determining rates for individual drivers, no one company consistently offers the lowest prices. Multiple quotes from reliable insurance companies that are rated A or higher by A. M. Best should be obtained. Consulting the J. D. Power consumer satisfaction ratings for each company is also recommended.
Obtaining multiple quotes and monitoring prices at regular intervals by using this site helps West Virginia drivers find the lowest rates for auto insurance.
