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  • When you apply for insurance through the VAIP, you must purchase the required by the Virginia Financial Responsibility Law. You can get higher limits, or optional coverage that is not required by law but will further protect your assets. These limits of coverage are shown in the tables below.

    Virginia’s Bureau of Insurance recommends that you try several companies, because rates and coverages can vary widely. However, if you have no luck in the voluntary market, you can apply for assignment through VAIP as long as you:

  • Your designated insurer is required to insure you for a period of 3 years. Each year, you will have the option of renewing your policy with your insurer, which means you only have to remain insured through the VAIP until you’re able to buy auto insurance in the voluntary market. Before renewing your policy with your designated insurer through the VAIP, you should search and compare in the voluntary market. If you haven’t been in any new accidents or been convicted of violations, you should have a better chance of finding an insurer in the voluntary market.

    After the three year period, your assigned company can either renew your policy voluntarily, or place you back in the “pool”, if you are still considered a high risk driver, and the VAIP will assign you to a new insurer for another 3 year term.

    AcronymDefinition
    VAIPVoluntary Aluminum Industrial Partnership
    VAIPVietnam Association for Information Processing
    VAIPVirginia Automobile Insurance Plan (Glen Allen, VA)

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    VOTE AGAINST INCUMBENT POLITICIANS
    (VAIP)

     

    A Practical Political Plan for the People to Take Back America

    A simple, easy-to-follow, three-point plan
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    You'll usually be able to find in the regular market than through the VAIP. Based on your driving record and the nature of your eligibility points among other factors, your premium could be a lot more expensive. For some context, premiums in Virginia’s voluntary market are somewhat “middle of the pack” compared to other states, with the average Virginian driver paying .

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In addition to the expected divestiture of its SABMiller’s U.S. business, there are two other key requirements that the DOJ attached to the approval. The first was the termination of the incentive programs such as the Voluntary Anheuser Busch Incentive for Performance Program (VAIP). This was an incentive program that ABI imposed on their independently owned wholesalers which incentivized those wholesalers who dropped craft brands. This was of course a “win” for the craft brewing industry.