Although West Virginia borders two of the most inexpensive states in the US in terms of auto insurance, the actual average premium in the Mountain State is higher than those paid by residents of Virginia and Ohio. Surprisingly, auto insurance costs in West Virginia have actually fallen during the first part of 2010 by approximately 7%. Even so, the average cost of an auto insurance policy is still $1,820 and this figure is $244 higher than the national US average of $1,576.
Like her neighbors, West Virginia uses the Tort system to control auto insurance and operates on a factor of accountability when a road traffic accident occurs. The Tort system effectively means that somebody involved in an accident has to be held accountable and as a consequence, any other parties suffering bodily injury or property damage will be able to make a claim through the insurance company of the ‘at fault’ driver.
All motorists in West Virginia are expected to carry a minimum level of auto insurance to offer protection against personal liability and other motorists who may be using their vehicles illegally. Every driver in West Virginia is expected to purchase $20,000 of bodily injury liability per person and $40,000 of bodily injury liability per accident. $10,000 of property damage cover is also required.
Furthermore, drivers from the Mountain State must also have adequate cover to protect themselves against uninsured or underinsured motorists. This equates to $20,000 of UIM cover per person and $40,000 of UIM cover per accident. It is also essential to carry $10,000 worth of uninsured motorist property damage cover.