11/04/2024
๐ช๏ธ Insurance Landscape Update: Hold On Tight, Virginia! ๐ช๏ธ
Big news for Virginia drivers! ๐ Starting January 1, 2025, Bluestone Auto rates will be on the rise, with an average increase of about 12%. For most customers, this means rates could go up anywhere from 7% to 17%! Why the bump? Factors like elevated claim expenses, rising repair costs, and higher medical bills are at play here. ๐ธ๐ฅ
But that's not all! Virginia's also raising the minimum auto insurance limits:
$50,000 for bodily injury or death of one person per accident.
$100,000 for bodily injury or death of two or more people per accident.
$25,000 for property damage per accident.
If you've got a combined single liability policy, the minimum just shot up to $125,000 for Bluestone and $200,000 for legacy policies! ๐
We know it's a lot to keep track of, but donโt worryโweโre here to help you make sense of it all. At MIG, weโre committed to helping you navigate these changes with as little turbulence as possible! ๐ช๐ Feel free to reach out with any questions or concerns.
๐ฒ865-414-0596
๐ป[email protected]