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Ben Glass
Ben Glass
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Competition Keeps Auto Insurance Rates Low in Virginia

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According to a report by the National Association of Insurance Commissioners, Virginia ranked 18th among the 50 states in automobile insurance with an average expenditure of $702.23. Kenneth J. Schrad, director, Division of Information Resources for the Virginia State Corporation Commission, said the state had ranked in the lower tier among auto rates for several years. He said the amount of competition among carriers in the state has been the driving force for the lower rates.