Best Home Insurance in Virginia (2023)

Compare personalized Home insurance rates in Virginia

Home Insurance in Virginia

The investment in homeowners insurance in Virginia isn’t one you take lightly, but it is one you may find a bit overwhelming and challenging. The good news is a wide range of options exist to help you meet Virginia homeowners requirements while also helping you customize your policy for just about any need. To find cheap homeowners insurance, be sure to read through these steps.

Home Insurance Companies in Virginia

To buy coverage, turn to the best homeowners insurance companies in Virginia who offer competitive rates on reliable coverage. Homeowners insurance agencies in Virginia offer a variety of options for you to choose from including plans for just about any need. When you compare options to find the best home insurance companies in Virginia, you’ll locate policies with various coverage levels and deductibles. Independent home insurance agents in Virginia can even help you compare policies across all providers.


How to Get the Best Rates for Home Insurance in Virginia

To get started, you need to secure a list of available providers in your area. Enter your zip code here to do that.


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How Much Does Homeowners Insurance Cost in Virginia?

Most property owners want the cheapest home insurance in Virginia, but they may not know how much to expect to pay. To get an idea of what is right for your specific needs, get home insurance quotes in Virginia based on your property specifically. The average annual premium in Virginia is $946, which is much lower than the national average of $1,173.


<twitter>The average annual premium in Virginia is $946, which is much lower than the national average of $1,173.</twitter>


List of Homeowners Insurance Companies in Virginia

When it comes time to get a list of companies to get quotes from, start here. Input your zip code for local-to-you providers.

How Homeowners Insurance Is Calculated in Virginia

To determine your cost, insurance companies place your property’s information into a formula. They also look at risk factors in your area that may mean your home is more likely to suffer damage. This may include the following.


<qa>1;Crime;One key reason rates are lower here is because crime is lower. Nationally, the property crime rate is 24 incidents for every 1,000 residents. In Virginia, the rate is 17.93 incidents per 1,000 residents.</qa>

<qa>2;Weather/Climate;Virginia’s weather can have some instances of risk when it comes to considering home damage. Weather events such as thunderstorms can create wind and hail damage. Additionally, there is the risk of flooding in the region. This can impact home insurance costs.</qa>

<qa>3;Home Values;A big part of the cost you pay is related to the value of your home. The more it is, the more coverage you need. This is always specific to your home. However, the median home value in Virginia as of April of 2019 is $257,700.</qa>

Home Insurance Requirements in Virginia

Knowing the details of your policy is critical. To choose the right coverage, you need to know what your coverage needs are. Here are some common questions about coverage.

Is Homeowners Insurance Required in Virginia?

Home insurance is not a state law requirement in Virginia. Some community homeowners associations may require it, though. In addition to this, if you have a loan on your home, the lender may have a clause in your policy requiring you to maintain it.

What Does Home Insurance Cover?

Home insurance covers most risks that are accidental and unavoidable that your property. This includes protection for the structure of the home and the possessions you own in it. It protects against fires and storms, as well as theft and other risks. Policies also include liability insurance. This minimizes risks associated with lawsuits filed against you.

Homeowners Insurance for New Properties in Virginia

In Virginia, home insurance coverage for new homes provides protection for some of the most important risks. It’s important to protect your new investment with a comprehensive policy.

Homeowners Insurance for Old Properties in Virginia

For those seeking coverage for an older home, expect to pay a bit less if the value is lower. However, these policies remain very important to protecting your home.

Renters Insurance in Virginia

By law, renter’s insurance is not a requirement. Property owners can require tenants to purchase a policy, though. The property owner does not have to provide this free of charge.


Renter’s insurance is very affordable costing around $20 a month on average in Virginia. It covers your possessions along with liability risks if you are sued. It’s one of the best ways to protect your possessions.


<zipcode>Compare Renters Insurance in Virginia</zipcode>


Compare Home Insurance in Virginia by City

It is always important to buy quality coverage. When you compare home insurance quotes, be sure to look at what the policy offers. The cheapest home insurance in Virginia should still meet your basic risks. Here’s a look at the largest cities in the state and factors impacting rates there.


<qa>1;Home Insurance Quotes in Virginia Beach, Virginia;Right on the waterfront and a popular tourism town, Virginia Beach has 450,435 living in its area as residents year-round. The median value of a home here is $266,400, above average for the country.</qa>

<qa>2;Home Insurance Quotes in Norfolk, Virginia;Known for its military bases, Norfolk is also an important residential community with a population of 244,703 people. The median home’s value here is about average at $189,500.</qa>

<qa>3;Home Insurance Quotes in Chesapeake, Virginia;A beautiful area with historic value, Chesapeake has 240,397 residents living in its borders. The median home value here is higher at $264,900 and its values have risen 4 percent in the last year.</qa>

<qa>4;Home Insurance Quotes in Arlington, Virginia;Another historically important area, Arlington has also become an important residential and commercial area for those living and working in Washington D.C. It’s home to 234,965 residents. Median home values here are very high at $683,100 due to the limited development and location.</qa>

<qa>5;Home Insurance Quotes in Richmond, Virginia;A charming community that’s growing quickly, there are 227,032 people living in Richmond. Median home values in Richmond are around $218,800.</qa>


Bonus: Most Expensive Homes in Virginia

Do you think your home insurance is expensive? Consider what it might be for these homes in Virginia.

  • A beautiful home in a historic area, 7500 Ironwood Lane in Warrenton is valued at $33 million. It’s on the National Historic Register.
  • Another home, this one at Tamworth Lane in Aldie is valued at $25 million and is a 511-acre estate known for its history.
  • The 20,000-square-foot home at 1171 Chain Bridge Road in McLean has a value of $24 million.