Hollymead, VA is located in Virginia. The city has a moderate property value, and in 2020 the median home value was $325,100. This was 1.41 times more than the national median of $229,800. In fact, Hollymead's median property value increased by 10.5% from its 2010 value of $294,300 to its 2020 value of $325,100. In Hollymead, the homeownership rate is 78.8%, a higher rate than the national average of 64.8%. Residents in Hollymead, VA typically drive alone, and the median household has 2 cars.

Demographics

In Hollymead, VA, the median age is 38.5 years. The average household income is $102,704 and the majority of residents are white. Of these, 10.1% are foreign-born and 7.44% are Hispanic. In Hollymead, the majority of people are American citizens.

Hollymead is located in Albemarle County and is home to more than eight thousand people. The community is considered one of the most desirable places to live in Virginia, with a mix of suburban and rural living. Most residents own their homes. The area also has many parks. The majority of residents are politically moderate. The public schools are highly rated.

Hollymead has an average property value of $325,100, which is nearly 1.4 times higher than the national average. Homeownership rate is 78.8%, higher than the national average of 64.9%. Hollymead has a relatively high average of two cars per household.

Hollymead has a low crime rate when compared to surrounding cities. Crime rates are lower than the Virginia state average and the national average. You should be aware of the neighborhood where your home is located and the crime rate. This will help you decide on a policy that suits your needs.

Hollymead's median age is 40.1 years old, and its population is largely white. While the majority of residents are white, there are also some Asian and Hispanic people in Hollymead. There are also 3.2% of multi-race people, and only 0.4% are Native American.

Hollymead, VA has a low percentage of uninsured people. Many residents use their cars for work, and carpool with friends or coworkers. Some carpool with their neighbors. Having a car is extremely useful for many residents.

Defensive driving is a good way to improve your driving record and reduce your insurance costs. Defensive driving courses can be taken online or in a traditional classroom. Online traffic school is particularly popular in Virginia, where there are plenty of traffic school providers. By taking a course, you'll not only be safer on the road, but also improve your driving skills. This will make it easier to get the right coverage.

Hollymead is located in Albemarle County. It borders the Buckingham and James Rivers. The James River serves as the natural boundary between Albemarle and Buckingham Counties. Its western border is located in Shenandoah National Park.

Rates

If you are looking for affordable car insurance in Hollymead, VA, you should compare rates from several companies. You can also use online tools to find the best coverage for your budget. You should also figure out what level of coverage you need, as some people need full coverage while others don't. Full coverage is especially important for people who finance their cars.

The median home value in Hollymead, VA is $325,100, which is more than twice as much as the national average of $229,800. As of 2020, Hollymead residents have a higher homeownership rate than the national average of 64.8%. Most households drive alone, with an average commute time of 21.5 minutes. Most households in Hollymead, VA own two cars, and the median number of cars per household is approximately the national average of two cars.

For a driver in Hollymead, Virginia, the cost of auto insurance is significantly higher than the national average. Teens, for example, are considered to be higher risk drivers than older drivers, and therefore pay higher rates. Teens pay an average of $286 a month for their insurance coverage, whereas drivers in their 30s and 40s will pay less.

Virginia drivers can also choose a policy with lower coverage, which can save them money. Minimum coverage in Virginia can cost as little as $1,028 a year. However, drivers with multiple moving violations may be required to pay more. For this reason, drivers should always check with their insurance companies to find the best coverage for their budget.

Young drivers can also get cheaper car insurance quotes by joining a parent's policy. This can be as low as $151 per month compared to the state average. But remember that full coverage is still better. You should make sure you're insured to keep your family safe. If you've recently gotten a DUI, Progressive is the best option for you. They have the best rates for these drivers, which is nearly 28% cheaper than the average and $158 cheaper than the next best option.

Virginia drivers should know that their coverage must include at least the minimum amounts of bodily injury/death, $20,000 for property damage, and $500 for uninsured motorists. These minimums are the minimum requirements for car insurance in Virginia. A driver who chooses not to carry coverage may be penalized with a $500 fine. Fortunately, there are ways to lower your monthly premiums by improving your credit score.

Coverage

In Hollymead Virginia, there are many different types of car insurance coverage available. Depending on your needs, you can choose between bodily injury and property damage coverage. Bodily injury coverage pays for injuries to you and your passengers if you are involved in a car accident. Non-collision damage coverage pays for repairs that are not related to a collision. These include fire, glass breakage, and contact with animals.

In Hollymead, VA, the median age for residents was 38.5 in 2016. This number is higher for foreign-born residents than for native-born residents. The most common racial groups living in Hollymead are White, Hispanic, and Asian. The highest wage earners in Hollymead are in Finance & Insurance, Health Care & Social Assistance, and Public Administration.

The Hollymead area is home to a variety of natural attractions. Nearby Ivy Creek is a beautiful 215-acre park with seven miles of hiking and walking trails. There are also several wildlife observation areas. In addition to natural beauty, Hollymead is also home to a planned community. The community has lush, green landscape and access to fitness centers and swimming pools.

The median property value in Hollymead, VA was $325,100 in 2020. This was 10.5% higher than the national average of $229,800. Hollymead, VA has a high homeownership rate of 78.8% and a low crime rate of 0.05%. Most residents commute alone and drive an average of 21.5 minutes to work.

It's crucial to have comprehensive insurance coverage when you drive. It protects you and others when you're involved in a car accident. Full coverage insurance protects you in cases of inclement weather, uninsured drivers, and more. For this reason, it's important to keep your insurance card with you at all times.

Full coverage auto insurance is generally more expensive than minimum insurance, but it's possible to get full coverage for under $100 a month. You should always compare several quotes before selecting an auto insurance policy.

Uninsured motorist fee

When you drive, you need to make sure you are protected by car insurance. In Virginia, this means paying the Uninsured Motorist Fee. While it may not be the whole cost of an accident, it will let you know that you are accepting responsibility for the costs if you are not insured.

You can get an affordable car insurance policy by using an online tool. This tool will allow you to compare multiple quotes from a variety of companies. The next step is to determine how much coverage you need. Some people only need liability insurance, while others require full coverage. This is especially true if you have financed your vehicle.

If you are at fault in an accident, you should have at least 25/50/20 liability insurance coverage. This will cover the other driver's medical costs up to $50,000 and damage up to twenty thousand dollars. This is the minimum level of coverage in Virginia. A higher level of coverage will cost you more.

The state of Virginia has an electronic insurance verification program. If you don't have insurance, you'll get a notice from the department of motor vehicles. You'll need to provide proof of liability insurance within thirty days of receiving the notification. Otherwise, you'll have to pay a $500 fine and face a Class 3 misdemeanor charge.

If you are moving permanently, you should transfer your license plates and insurance policy to Virginia. The DMV handles vehicle registration, insurance policy transfers, and vehicular requirements. You may want to consult an attorney for assistance with this paperwork. Getting a new license plate and transferring the previous state's insurance coverage will take time.