Best Home Insurance in West Virginia (2019)

Compare personalized Home insurance rates in West Virginia

Home Insurance in West Virginia

When it comes to buying homeowners insurance in West Virginia, you do not have to be overwhelmed or frustrated with your options. With a bit of help understanding the West Virginia homeowners requirements along with a bit of support to get policies, you can find policies that fit your needs, protect your home, and work well with your budget. Cheap homeowners insurance is even possible with these steps.

Home Insurance Companies in West Virginia

As you consider the options in homeowners insurance agencies in West Virginia, make your focus about finding a policy with the right coverage first. The best home insurance companies in West Virginia provide you with information about various coverage options to protect the home and your liability risks. And, top-rated homeowners insurance companies in West Virginia also work to create a competitive pricing structure to keep costs in line. Work with independent home insurance agents in West Virginia to get the best price for your needs.

 

How to Get the Best Rates for Home Insurance in West Virginia

To get the best rate, you need to compare options with a number of companies. To do that, enter your zip code on this page to pull up available results.

 

<zipcode>Find The Cheapest Home Insurance In Your Area:</zipcode>

 

How Much Does Homeowners Insurance Cost in West Virginia?

Many factors play a role in this. When you request home insurance quotes in West Virginia, you’ll receive options for your home specifically. However, it is also important to know what to expect on average if you want the cheapest home insurance in West Virginia. Nationally, the average cost of home coverage is $1,173 each year. The average annual premium in West Virginia is much less at $907.

 

<twitter>Nationally, the average cost of home coverage is $1,173 each year. The average annual premium in West Virginia is much less at $907.</twitter>

 

List of Homeowners Insurance Companies in West Virginia

When it comes time to buy coverage, you have to have options. To get our list of companies available in your community, enter your zip code on this page.

How Homeowners Insurance Is Calculated in West Virginia

Most people want to know why they are paying so much for insurance. It all comes down to what coverage is available and what risks your home faces. Some key factors insurance companies consider include the following.

 

<qa>1;Crime;One reason rates are lower in West Virginia is because crime rates are below the national average. In the U.S. there are, on average, 24 incidents of property crime for every 1,000 people. In West Virginia, this is just 18.52 incidents per 1,000 residents.</qa>

<qa>2;Weather/Climate;It’s not uncommon to see a flash flood or a thunderstorm in West Virginia. Yet, the area’s mountains help protect it from many of the most destructive of losses. That is another key reason rates are lower here.</qa>

<qa>3;Home Values;Insurance companies base your policy on the value of your home. This is one reason your rate is going to be different from your neighbor’s rate. The median value for a home in West Virginia as of April of 2019 is $97,300. That is much lower than what it costs in the rest of the country.</qa>

Home Insurance Requirements in West Virginia

When it comes to home insurance requirements, it is essential that you know what to expect within your community. You also should understand the details of your policy. Here are some common questions property owners have.

Is Homeowners Insurance Required in West Virginia?

Home insurance is not a legal requirement here under state laws. However, you may have to have coverage in order to buy a home or maintain a mortgage. Your lender may require you to have it. If you fail to do so, they can take legal action. It’s best to protect your home instead.

What Does Home Insurance Cover?

Insurance covers most risks to your property. This includes helping you with costs if there is a fire, vandalism event, theft, or storm damage. It helps to replace lost and damaged property as well as helps to make repairs to your home. It also includes protection from lawsuits other people bring against you with liability insurance.

Homeowners Insurance for New Properties in West Virginia

If you are building a home, you may need a comprehensive policy in place to protect this big investment. It’s always important for you to gather insight into what coverage the policy offers. It should provide enough to rebuild your home if lost in a fire or another tragic incident.

Homeowners Insurance for Old Properties in West Virginia

Older homes in West Virginia may see their value fall over time. That’s okay. Just your coverage. Yet, make sure you have enough to help cover the risks you face.

Renters Insurance in West Virginia

If you rent a home in West Virginia, it is likely your landlord will require you to have renter’s insurance. This is their rule based on the details in your contract. However, the state doesn’t require it.

 

Renter’s insurance can be very inexpensive in West Virginia, costing less than $20 a month in some cases. It helps protect your possessions and liability – both of which are not protected by your property owner.

 

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

 

Compare Home Insurance in West Virginia by City

To get started, compare home insurance quotes from agencies in your area. The cheapest home insurance in West Virginia still needs to match the value of your home and cover your risks. Here are some examples of what you can expect based on these cities.

 

<qa>1;Home Insurance Quotes in Charleston, West Virginia;The charming, beautiful city of Charleston is home to 47,929 people. It’s the largest city in the state. The median home value here is $107,400.</qa>

<qa>2;Home Insurance Quotes in Huntington, West Virginia;Huntington is home to 47,079 people and offers some of the best commercial and residential areas. The median value of a home here is $82,900.</qa>

<qa>3;Home Insurance Quotes in Morgantown, West Virginia;A bit smaller at 30,547 people, Morgantown is a beautiful area in the heart of the mountains. In Morgantown, where there is more of a residential area, the median home value is $185,500.</qa>

<qa>4;Home Insurance Quotes in Parkersburg, West Virginia;With 30,096 people living in it, Parkersburg has much to offer those residents living there, including a naturally beautiful area. The median value of a home in this area is $84,900.</qa>

<qa>5;Home Insurance Quotes in Wheeling, West Virginia;A tourist stop but also a large residential area, about 27,066 people live in Wheeling.</qa>

 

Bonus: Most Expensive Homes in West Virginia

Want cheap home insurance rates? You may not want to get insurance for these expensive homes.

 

  1. A home at 230 Quarry Ridge in Charleston is valued at $13 million and spans 19,000 square feet.
  2. A modern home at 564 Wilson Ridge in White Sulphur is valued at $5.6 million.
  3. Another home in Morgantown, at 445 Lakeview Drive has a value of $5.3 million.

 

<resources>https://www.reviews.com/homeowners-insurance/west-virginia/;https://www.neighborhoodscout.com/wv/crime;http://statesatrisk.org/west-virginia;https://www.zillow.com/wv/home-values/;http://www.citypopulation.de/USA-WestVirginia.html</resources>