- Richmond car insurance cost averages $1,934 per year for a full coverage insurance policy.
- Richmond auto insurance costs $44 per year more than the Virginia state average rate and $287 per year less than the average rate for all 50 U.S. states.
- Car insurance rates for a few popular vehicles in Richmond include the GMC Sierra at $2,134 per year, Honda Accord at $1,866, and Nissan Altima at $2,094.
- For cheap car insurance in Richmond, small crossovers like the Nissan Kicks, Subaru Crosstrek, Buick Envision, and Buick Encore rank very well for overall cost.
- A few vehicles with the lowest cost auto insurance in Richmond for their segment include the Kia K5, Acura Integra, Acura RDX, and Nissan Titan.
How much does car insurance cost in Richmond?
The average car insurance expense in Richmond is $1,934 per year, which is around $161 per month. Richmond car insurance costs 13.8% less than the overall U.S. national average rate of $2,221.
In the state of Virginia, average auto insurance cost is $1,890 per year, so the cost in Richmond averages $44 more per year. The cost of insurance in Richmond compared to other Virginia cities is approximately $36 per year more than in Virginia Beach, $40 per year less than in Norfolk, and $52 per year more than in Newport News.
Driver age is the factor that has the most impact on the price of auto insurance. The list below illustrates these differences by showing average car insurance rates in Richmond for driver ages from 16 to 60.
Average cost of car insurance in Richmond, Virginia, for drivers age 16 to 60
- 16-year-old rated driver – $6,885 per year or $574 per month
- 17-year-old rated driver – $6,670 per year or $556 per month
- 18-year-old rated driver – $5,979 per year or $498 per month
- 19-year-old rated driver – $5,444 per year or $454 per month
- 20-year-old rated driver – $3,890 per year or $324 per month
- 30-year-old rated driver – $2,064 per year or $172 per month
- 40-year-old rated driver – $1,934 per year or $161 per month
- 50-year-old rated driver – $1,714 per year or $143 per month
- 60-year-old rated driver – $1,604 per year or $134 per month
The next chart shows examples of average Richmond auto insurance cost broken out for a wide range of driver ages and common policy situations. Rates are averaged for all 2024 model year vehicles including luxury models.

Average car insurance rates in the prior chart range from $1,604 per year for a 40-year-old driver who shops around for the cheapest Richmond car insurance rates to $4,446 per year for a 30-year-old driver who is required to buy high-risk auto insurance.
When the rates shown in the chart are converted to monthly figures, the average cost of car insurance per month in Richmond ranges from $134 to $371.
Richmond car insurance rates are not static and can also be very different depending on the company. This amount of variability reinforces the need to get accurate auto insurance quotes when shopping online for the cheapest rate.
The cost to insure popular vehicles in Richmond
The previous car insurance rates in this article take the cost to insure each 2024 vehicle model and average them, which is useful when making big picture comparisons such as the difference in average auto insurance cost between two Virginia cities.
For more useful rate comparisons, however, the data will be better if we analyze the specific vehicle being insured. Later in this article, we get into both rates by vehicle segment and rates for different makes and models, but for now, we will explore just a few popular models to find out how car insurance rates measure up in Richmond.
This next chart shows average car insurance rates in Richmond for some of the most popular cars, trucks, and SUVs. Later in this article, we will cover auto insurance rates for some of these vehicles in more detail.

The models that sell well in Richmond tend to be small or midsize cars like the Volkswagen Jetta, Honda Civic, and Honda Accord and compact and midsize SUVs like the Honda CR-V, Nissan Rogue, and Toyota Highlander.
Other popular models from other segments include luxury SUVs like the Infiniti QX60 and BMW X5, luxury cars like the Tesla Model S and Infiniti Q50, and pickup trucks like the Ford F-150 and Chevy Silverado.
We will cover rates in much more detail in the upcoming sections, but before we get into that, let’s review some of the general concepts covered so far in the article.
- Richmond auto insurance rates are more expensive than the Virginia state average – $1,934 (Richmond average) compared to $1,890 (Virginia average)
- Car insurance cost decreases as you age – Auto insurance rates for a 60-year-old driver in Richmond are $2,286 per year cheaper than for a 20-year-old driver.
- Insurance for teens costs a lot – The average cost ranges from $4,602 to $6,885 per year to insure a teenage driver in Richmond, VA.
- Monthly car insurance cost ranges from $134 to $574 – That is the average car insurance cost range for drivers age 16 to 60 in Richmond.
- Teen females pay less than teenage males – Teenage females pay $842 to $453 less per year than male drivers of the same age.
- Low deductibles cost more than high deductibles – A 40-year-old driver pays an average of $626 more per year for $250 deductibles compared to $1,000 deductibles.
- Richmond, Virginia, average car insurance cost is less than the U.S. average – $1,934 (Richmond average) versus $2,221 (U.S. average)
What vehicles have cheap car insurance quotes?
From an overall standpoint, the models with the best auto insurance rates in Richmond, VA, tend to be compact SUVs and crossovers like the Subaru Crosstrek, Kia Soul, and Nissan Kicks. Average insurance rates for those vehicles cost $1,570 or less per year ($131 per month) to get full coverage.
Other vehicles that rank in the top 20 in our car insurance cost comparison are the Ford Bronco Sport, Kia Niro, Volkswagen Tiguan, and Buick Envista. The average insurance cost is a few dollars per month higher for those models than the cheapest crossovers and compact SUVs that rank near the top, but they still have an average cost of $140 or less per month in Richmond.
The next table lists the cheapest vehicles to insure in Richmond, ordered by cost.
Rank | Make/Model | Annual Premium | Cost Per Month |
---|---|---|---|
1 | Subaru Crosstrek | $1,428 | $119 |
2 | Chevrolet Trailblazer | $1,452 | $121 |
3 | Kia Soul | $1,508 | $126 |
4 | Nissan Kicks | $1,520 | $127 |
5 | Honda Passport | $1,540 | $128 |
6 | Buick Envision | $1,550 | $129 |
7 | Toyota Corolla Cross | $1,558 | $130 |
8 | Hyundai Venue | $1,570 | $131 |
9 | Mazda CX-5 | $1,576 | $131 |
10 | Ford Bronco Sport | $1,582 | $132 |
11 | Volkswagen Tiguan | $1,600 | $133 |
12 | Acura RDX | $1,616 | $135 |
13 | Nissan Murano | $1,624 | $135 |
14 | Buick Encore | $1,640 | $137 |
15 | Subaru Outback | $1,646 | $137 |
16 | Honda CR-V | $1,648 | $137 |
17 | Buick Envista | $1,654 | $138 |
18 | Volkswagen Taos | $1,656 | $138 |
19 | Kia Niro | $1,664 | $139 |
20 | Toyota GR Corolla | $1,680 | $140 |
Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Uninsured Motorist (UM), Underinsured Motorist (UIM) and medical payments coverages are included. Premium is averaged for all trim levels available for each vehicle and also for all Richmond, VA Zip Codes. Updated June 27, 2025
The table above that contains 20 vehicle models with cheap Richmond car insurance is not the best way to show an overall summary of the cost of car insurance in Richmond. Considering the fact that we have over 700 models in our database, there are a lot of rates not being shown. Let’s dig deeper into the data and display the most affordable vehicles in a more useful way, by automotive segment.
The next section goes into more detail about the average cost to insure each different vehicle segment. The rates shown in the chart will give you a good idea of which vehicles have the overall most affordable auto insurance rates in Richmond. After the chart, the next sections show the 20 vehicles with the cheapest insurance rates in the most popular segments.
Insurance rates by automotive segment
If you’re considering buying a new car, it’s very useful to know which types of vehicles have more affordable car insurance rates. For instance, you may be curious if compact SUVs are more affordable to insure than minivans or if luxury cars or SUVs have more expensive auto insurance than non-luxury models.
The next chart displays average car insurance cost by vehicle segment in Richmond. As a general rule, compact and midsize SUVs, vans, and midsize pickups tend to have the cheapest average rates, while luxury models and sports cars tend to have the highest average cost of insurance.

Average insurance rates by segment can be used to make an overall comparison, but cost ranges significantly within each segment shown in the above chart.
For example, in the midsize luxury car segment, Richmond insurance rates range from the Mercedes-Benz CLA250 costing $1,990 per year for full coverage insurance up to the BMW M8 costing $3,256 per year, a difference of $1,266 within that segment. For another example, in the large SUV segment, rates range from the Chevrolet Tahoe costing $1,814 per year up to the Toyota Sequoia costing $2,418 per year.
In the upcoming sections, we eliminate much of the variability by comparing the cost of car insurance in Richmond from a model perspective rather than by segment.
Cheapest cars to insure in Richmond, Virginia
Ranking near the top for the cheapest Richmond car insurance rates in the sedan or hatchback segment are the Toyota GR Corolla, Subaru Impreza, Nissan Leaf, Nissan Sentra, and Honda Civic. Car insurance rates for these 2024 models average $148 or less per month.
Also ranking well are cars like the Toyota Prius, Kia K5, Honda Accord, and Chevrolet Malibu, with average insurance cost of $1,884 per year or less.
On a monthly basis, car insurance in this segment starts at an average of $140 per month, depending on your location and insurance company.
When rates are compared by vehicle size, the most affordable non-luxury compact car to insure in Richmond is the Toyota GR Corolla at $1,680 per year. For midsize models, the Kia K5 has the best rates at $1,862 per year. And for full-size cars, the Chrysler 300 is the cheapest model to insure at $1,840 per year.
The table below ranks the twenty cars with the cheapest insurance in Richmond.
Make and Model | Vehicle Size | Annual Premium | Cost Per Month |
---|---|---|---|
Toyota GR Corolla | Compact | $1,680 | $140 |
Nissan Leaf | Compact | $1,694 | $141 |
Honda Civic | Compact | $1,710 | $143 |
Nissan Sentra | Compact | $1,772 | $148 |
Subaru Impreza | Compact | $1,776 | $148 |
Toyota Prius | Compact | $1,806 | $151 |
Kia K5 | Midsize | $1,862 | $155 |
Honda Accord | Midsize | $1,866 | $156 |
Chevrolet Malibu | Midsize | $1,876 | $156 |
Toyota Corolla | Compact | $1,884 | $157 |
Kia Forte | Compact | $1,888 | $157 |
Volkswagen Arteon | Midsize | $1,900 | $158 |
Nissan Versa | Compact | $1,904 | $159 |
Subaru Legacy | Midsize | $1,908 | $159 |
Hyundai Ioniq 6 | Midsize | $1,922 | $160 |
Mitsubishi Mirage G4 | Compact | $1,950 | $163 |
Toyota Crown | Midsize | $1,956 | $163 |
Volkswagen Jetta | Compact | $1,956 | $163 |
Hyundai Sonata | Midsize | $1,960 | $163 |
Mazda 3 | Compact | $2,000 | $167 |
Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Uninsured Motorist (UM), Underinsured Motorist (UIM) and medical payments coverages are included. Premium is averaged for all trim levels available for each vehicle and also for all Richmond, VA Zip Codes. Updated June 26, 2025
See our comprehensive guides for compact car insurance, midsize car insurance, and full-size car insurance to view data for vehicles not featured in the table.
Need rates for a different vehicle? Enter your zip code at the bottom of the table above and click the orange ‘GO’ button to get free Richmond car insurance quotes from the best auto insurance companies in Virginia.
Cheapest SUV insurance rates in Richmond, VA
The top five models for the most affordable Richmond car insurance rates in the SUV segment (excluding luxury models) are the Kia Soul, Honda Passport, Subaru Crosstrek, Nissan Kicks, and Chevrolet Trailblazer. Rates for these vehicles average $1,540 or less per year, or around $128 per month.
Additional SUVs that rank well include the Hyundai Venue, Buick Envision, Mazda CX-5, and Toyota Corolla Cross, with average cost of $1,582 per year or less.
Car insurance in this segment for an average middle-age driver starts at an average of $119 per month, depending on the company and where you live. The next table ranks the SUVs with the cheapest car insurance in Richmond.
Make and Model | Vehicle Size | Annual Premium | Cost Per Month |
---|---|---|---|
Subaru Crosstrek | Compact | $1,428 | $119 |
Chevrolet Trailblazer | Compact | $1,452 | $121 |
Kia Soul | Compact | $1,508 | $126 |
Nissan Kicks | Compact | $1,520 | $127 |
Honda Passport | Midsize | $1,540 | $128 |
Buick Envision | Compact | $1,550 | $129 |
Toyota Corolla Cross | Compact | $1,558 | $130 |
Hyundai Venue | Compact | $1,570 | $131 |
Mazda CX-5 | Compact | $1,576 | $131 |
Ford Bronco Sport | Compact | $1,582 | $132 |
Volkswagen Tiguan | Compact | $1,600 | $133 |
Nissan Murano | Midsize | $1,624 | $135 |
Buick Encore | Compact | $1,640 | $137 |
Subaru Outback | Midsize | $1,646 | $137 |
Honda CR-V | Compact | $1,648 | $137 |
Buick Envista | Midsize | $1,654 | $138 |
Volkswagen Taos | Compact | $1,656 | $138 |
Kia Niro | Compact | $1,664 | $139 |
Honda HR-V | Compact | $1,682 | $140 |
Subaru Ascent | Midsize | $1,682 | $140 |
Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Uninsured Motorist (UM), Underinsured Motorist (UIM) and medical payments coverages are included. Premium is averaged for all trim levels available for each vehicle and also for all Richmond, VA Zip Codes. Updated June 26, 2025
See our comprehensive guides for compact SUV insurance, midsize SUV insurance, and full-size SUV insurance to view data for vehicles not featured in the table.
Don’t see rates for your SUV? That’s no problem! Enter your zip code at the bottom of the table and click the orange ‘GO’ button to get free car insurance quotes from top auto insurance companies in Virginia.
Cheapest car insurance rates on pickup trucks
The lowest-cost pickups to insure in Richmond are the Chevrolet Colorado at $1,702 per year, the Nissan Titan at $1,808 per year, and the Nissan Frontier at $1,830 per year.
Not the cheapest, but still in the top 10, are trucks like the Honda Ridgeline, Hyundai Santa Cruz, Toyota Tacoma, and GMC Sierra 2500 HD, with average cost of $1,988 per year or less.
Car insurance rates in Richmond for this segment will start around $142 per month, depending on your location and insurance company. The next table ranks the twenty pickups with the lowest-cost insurance in Richmond.
Make and Model | Vehicle Size | Annual Premium | Cost Per Month |
---|---|---|---|
Chevrolet Colorado | Midsize | $1,702 | $142 |
Nissan Titan | Full-size | $1,808 | $151 |
Nissan Frontier | Midsize | $1,830 | $153 |
Ford Ranger | Midsize | $1,846 | $154 |
Ford Maverick | Midsize | $1,876 | $156 |
Honda Ridgeline | Midsize | $1,918 | $160 |
Hyundai Santa Cruz | Midsize | $1,950 | $163 |
Toyota Tacoma | Midsize | $1,958 | $163 |
GMC Sierra 2500 HD | Heavy Duty | $1,966 | $164 |
GMC Canyon | Midsize | $1,988 | $166 |
Jeep Gladiator | Midsize | $2,038 | $170 |
GMC Sierra 3500 | Heavy Duty | $2,048 | $171 |
Chevrolet Silverado HD 3500 | Heavy Duty | $2,066 | $172 |
Chevrolet Silverado HD 2500 | Heavy Duty | $2,122 | $177 |
GMC Sierra | Full-size | $2,134 | $178 |
Chevrolet Silverado | Full-size | $2,138 | $178 |
Nissan Titan XD | Heavy Duty | $2,138 | $178 |
Ford F150 | Full-size | $2,164 | $180 |
GMC Hummer EV Pickup | Full-size | $2,220 | $185 |
Ram Truck | Full-size | $2,234 | $186 |
Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Uninsured Motorist (UM), Underinsured Motorist (UIM) and medical payments coverages are included. Premium is averaged for all trim levels available for each vehicle and also for all Richmond, VA Zip Codes. Updated June 27, 2025
See our guides for midsize pickup insurance and large pickup insurance to view any trucks not shown in the table.
Don’t see your truck in the table above? No sweat! Enter your zip code at the bottom of the above table and click the orange ‘GO’ button to get free car insurance quotes from top-rated auto insurance companies in Virginia.
Cheapest sports car insurance rates
The top-ranked vehicle in Richmond for the most affordable average insurance rates in the sports car segment is the Mazda MX-5 Miata, at an average of $1,790 per year. Second place is the Toyota GR86 costing $2,038 per year, coming in third is the Ford Mustang, costing an average of $2,124 per year, and ranking fourth is the BMW Z4, costing an average of $2,136 per year.
Other models that have affordable average insurance rates are the Subaru BRZ, Lexus RC F, BMW M2, and Nissan Z, with average annual insurance rates of $2,312 per year or less.
Ranked lower than 10th place, but still in the top 20, cars like the Chevrolet Corvette, Porsche Taycan, Chevrolet Camaro, Porsche 718, and Porsche 911 average between $2,312 and $3,274 per year for auto insurance.
Full-coverage car insurance in Richmond for this segment starts at around $149 per month, depending on your location and insurance company. The rate comparison table below ranks the twenty sports cars with the most affordable average insurance rates in Richmond, starting with the Mazda MX-5 Miata at $149 per month and ending with the Porsche Taycan at $273 per month.
Make and Model | Vehicle Type | Annual Premium | Cost Per Month |
---|---|---|---|
Mazda MX-5 Miata | Sports Car | $1,790 | $149 |
Toyota GR86 | Sports Car | $2,038 | $170 |
Ford Mustang | Sports Car | $2,124 | $177 |
BMW Z4 | Sports Car | $2,136 | $178 |
Subaru WRX | Sports Car | $2,166 | $181 |
Toyota GR Supra | Sports Car | $2,172 | $181 |
BMW M2 | Sports Car | $2,234 | $186 |
Nissan Z | Sports Car | $2,240 | $187 |
Lexus RC F | Sports Car | $2,284 | $190 |
Subaru BRZ | Sports Car | $2,312 | $193 |
BMW M3 | Sports Car | $2,442 | $204 |
Porsche 718 | Sports Car | $2,490 | $208 |
Chevrolet Camaro | Sports Car | $2,510 | $209 |
Chevrolet Corvette | Sports Car | $2,676 | $223 |
Porsche 911 | Sports Car | $2,770 | $231 |
BMW M4 | Sports Car | $2,886 | $241 |
Lexus LC 500 | Sports Car | $2,900 | $242 |
Jaguar F-Type | Sports Car | $3,050 | $254 |
Mercedes-Benz AMG GT53 | Sports Car | $3,200 | $267 |
Porsche Taycan | Sports Car | $3,274 | $273 |
Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Uninsured Motorist (UM), Underinsured Motorist (UIM) and medical payments coverages are included. Premium is averaged for all trim levels available for each vehicle and also for all Richmond, VA Zip Codes. Updated June 27, 2025
Is your vehicle not in the list? No problem! Enter your zip code at the bottom of the table and click the orange ‘GO’ button to get free car insurance quotes from top auto insurance companies in Richmond.
Cheapest luxury cars to insure
The top-ranked model in Richmond for cheapest average insurance rates in the luxury car segment is the Acura Integra, costing an average of $1,718 per year. Second place is the BMW 330i at $1,968 per year, and ranking third is the Mercedes-Benz CLA250, costing an average of $1,990 per year.
Additional models that are affordable to insure are the Lexus RC 300, Mercedes-Benz AMG CLA35, Lexus ES 350, and Cadillac CT4, with an average car insurance cost of $2,032 per year or less.
Some additional vehicles that make the list include the BMW 230i, Cadillac CT5, BMW 330e, BMW 228i, and Jaguar XF, which cost between $2,032 and $2,168 per year to insure in Richmond.
From a cost per month standpoint, full-coverage car insurance in Richmond on this segment for the average driver starts at an average of $143 per month, depending on where you live.
If rates are ranked based on vehicle size, the lowest-cost compact luxury car model to insure in Richmond is the Acura Integra at $1,718 per year, or $143 per month. For midsize luxury car models, the Mercedes-Benz CLA250 is the cheapest model to insure at $1,990 per year, or $166 per month. And for large luxury cars, the Audi A5 is the cheapest model to insure at $2,298 per year, or $192 per month.
The next table ranks the twenty luxury cars with the lowest-cost average auto insurance rates in Richmond.
Make and Model | Vehicle Size | Annual Premium | Cost Per Month |
---|---|---|---|
Acura Integra | Compact | $1,718 | $143 |
BMW 330i | Compact | $1,968 | $164 |
Mercedes-Benz CLA250 | Midsize | $1,990 | $166 |
Lexus IS 300 | Midsize | $1,992 | $166 |
Acura TLX | Compact | $2,000 | $167 |
Cadillac CT4 | Compact | $2,018 | $168 |
Lexus ES 350 | Midsize | $2,018 | $168 |
Genesis G70 | Compact | $2,024 | $169 |
Mercedes-Benz AMG CLA35 | Midsize | $2,026 | $169 |
Lexus RC 300 | Midsize | $2,032 | $169 |
Lexus IS 350 | Compact | $2,040 | $170 |
Jaguar XF | Midsize | $2,046 | $171 |
Cadillac CT5 | Midsize | $2,084 | $174 |
Lexus ES 250 | Midsize | $2,092 | $174 |
Lexus RC 350 | Compact | $2,098 | $175 |
BMW 330e | Compact | $2,100 | $175 |
BMW 228i | Compact | $2,102 | $175 |
BMW 230i | Compact | $2,120 | $177 |
Lexus ES 300h | Midsize | $2,122 | $177 |
Audi S3 | Compact | $2,168 | $181 |
Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Uninsured Motorist (UM), Underinsured Motorist (UIM) and medical payments coverages are included. Premium is averaged for all trim levels available for each vehicle and also for all Richmond, VA Zip Codes. Updated June 27, 2025
See our guide for luxury car insurance to compare rates for all makes and models.
Don’t see your luxury car? No sweat! Enter your zip code at the bottom of the above table and click the orange ‘GO’ button to get free car insurance quotes from top-rated auto insurance companies in Virginia.
Cheapest luxury SUV insurance rates
The three top-ranked luxury SUV models with the cheapest insurance rates in Richmond are the Acura RDX at $1,616 per year, the Lexus NX 250 at $1,710 per year, and the Cadillac XT4 at $1,744 per year.
Additional luxury SUVs that have good average insurance rates are the Lincoln Corsair, Lexus NX 350h, Mercedes-Benz GLB 250, and Lexus NX 450h, with average annual insurance rates of $1,864 per year or less.
Car insurance for this segment in Richmond for the average driver can cost as low as $135 per month, depending on your location and insurance company.
The most budget-friendly compact luxury SUV to insure in Richmond is the Acura RDX at $1,616 per year. For midsize luxury models, the Jaguar E-Pace has the best rates at $1,808 per year. And for full-size luxury SUVs, the Infiniti QX80 is most affordable to insure at $2,168 per year.
The table below ranks the SUVs with the most affordable car insurance rates in Richmond, starting with the Acura RDX at $135 per month and ending with the Lexus RX 350 at $162 per month.
Make and Model | Vehicle Size | Annual Premium | Cost Per Month |
---|---|---|---|
Acura RDX | Compact | $1,616 | $135 |
Lexus NX 250 | Compact | $1,710 | $143 |
Cadillac XT4 | Compact | $1,744 | $145 |
Jaguar E-Pace | Midsize | $1,808 | $151 |
Cadillac XT5 | Midsize | $1,824 | $152 |
Lexus NX 350h | Compact | $1,824 | $152 |
Lincoln Corsair | Compact | $1,846 | $154 |
Mercedes-Benz GLB 250 | Compact | $1,850 | $154 |
Lexus UX 250h | Compact | $1,854 | $155 |
Lexus NX 450h | Compact | $1,864 | $155 |
Infiniti QX50 | Midsize | $1,880 | $157 |
Mercedes-Benz GLA250 | Compact | $1,886 | $157 |
Cadillac XT6 | Midsize | $1,892 | $158 |
Mercedes-Benz GLA35 AMG | Compact | $1,892 | $158 |
Infiniti QX60 | Midsize | $1,902 | $159 |
Mercedes-Benz AMG GLB35 | Midsize | $1,904 | $159 |
Land Rover Evoque | Compact | $1,930 | $161 |
Acura MDX | Midsize | $1,932 | $161 |
Lexus NX 350 | Compact | $1,940 | $162 |
Lexus RX 350 | Midsize | $1,940 | $162 |
Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Uninsured Motorist (UM), Underinsured Motorist (UIM) and medical payments coverages are included. Premium is averaged for all trim levels available for each vehicle and also for all Richmond, VA Zip Codes. Updated June 26, 2025
See our comprehensive guide for luxury SUV insurance to view data for vehicles not featured in the table.
Don’t see rates for your luxury SUV? Enter your zip code at the bottom of the table above and click the orange ‘GO’ button to get cheap Richmond car insurance quotes from the best companies in Virginia.
Risk factors and price variation
To help you understand the amount auto insurance rates can change between drivers (and also emphasize the importance of accurate rate quotes), the sections below have multiple rates for three popular vehicles in Richmond: the Ford F150, Toyota Corolla, and Nissan Rogue.
Each example displays average rates for different driver profiles to show the price difference with only minor changes to the policy risk factors.
Ford F150 insurance rates
Ford F150 insurance in Richmond averages $2,164 per year ($180 per month) and ranges from $1,794 to $4,996 per year.

The Ford F150 belongs to the full-size truck segment, and other top-selling models from the same segment include the Toyota Tundra, Chevrolet Silverado, and GMC Sierra.
Toyota Corolla insurance rates
Car insurance for a Toyota Corolla in Richmond averages $1,884 per year, or around $157 per month, and ranges from $1,562 to $4,316 per year.

The Toyota Corolla is a compact car, and additional similar models from the same segment include the Nissan Sentra, Volkswagen Jetta, Honda Civic, and Hyundai Elantra.
Nissan Rogue insurance rates
Nissan Rogue insurance in Richmond costs an average of $1,738 per year ($145 per month) and varies from $1,444 to $3,968 annually.

The Nissan Rogue is part of the compact SUV segment, and other popular models include the Subaru Forester, Honda CR-V, Chevrolet Equinox, and Toyota RAV4.
Saving money on auto insurance
Financially savvy drivers in Richmond should always be searching for ways to save money on insurance So run through the savings tips in the list below and it’s very likely you can save a few bucks on your next policy.
- Driving violations increase insurance rates. If you want the cheapest car insurance in Richmond, it pays to drive within the law. In fact, just one or two minor driving offenses have the ramification of spiking the cost of a policy as much as $516 per year.
- Keep your claim-free discount. Most auto insurance companies offer a discount for not having any claims. Car insurance should only be used to protect you from large financial hits, not for minor claims.
- Shop around for better rates. Setting aside a few minutes every year or so to get a few free car insurance quotes could save a pile of cash. Rates change more often that you might think and you can switch anytime.
- Your choice of occupation could save you a few bucks. The large majority of auto insurance companies offer policy discounts for specific occupations like firefighters, lawyers, dentists, members of the military, doctors, and others. By earning this discount on your policy you could save between $58 and $188 on your car insurance bill, subject to the policy coverages selected.
- Consider buying higher deductibles. Boosting your physical damage deductibles from $500 to $1,000 could save around $374 per year for a 40-year-old driver and $724 per year for a 20-year-old driver.
- Choose a vehicle that is more affordable to insure. The type of vehicle you drive has a big impact on the price you pay for insurance. For example, a Hyundai Venue costs $590 less per year to insure in Richmond than a Nissan 370Z. Lower performance vehicles cost less to insure.