- Is Home Insurance Mandatory In Virginia?
- Who has the Lowest price on Virginia Homeowners Insurance?
- Average Cost for Virginia Homeowners Insurance (by city)
- Most common Causes for Homeowners Loss and claims (nationwide)
- Rating Factors: Virginia Homeowners Insurance
- Bundling Options with Virginia Homeowners Insurance
- Virginia Homeowners Insurance Rates by Company
- Cheapest Virginia Homeowners Insurance Rates (by city)
- Virginia Homeowners Insurance Company Ratings
- Frequently Asked Questions about Virginia Homeowners Insurance
- What does Virginia Homeowners Insurance cover?
- How can I lower my homeowners insurance rates in Virginia?
- Questions about Virginia Homeowners Insurance? Call us at 1.888.445.2793.
Is Home Insurance Mandatory In Virginia?
While Virginia homeowners insurance is not mandated by state law, it’s often required by mortgage lenders to protect the investment. This requirement underscores the importance of having a comprehensive policy that safeguards your home against unforeseen damages and disasters. Understanding the necessity and benefits of homeowners insurance can lead to more informed decisions about your policy choices.
Given the variety of options available, it’s crucial to compare offerings from different insurance carriers to find a policy that aligns with your needs and budget. Here’s an illustrative comparison to help you start:
Sample Monthly Homeowners Insurance Rates in Virginia
| Insurance Company | Basic Coverage (Est. Monthly) | Comprehensive Coverage (Est. Monthly) |
|---|---|---|
| Progressive | $75 | $150 |
| National General | $70 | $145 |
| Dairyland | $80 | $160 |
- Key Considerations When Selecting a Policy:
- Coverage extent and inclusions
- Deductible amounts
- Premium rates
- Company reputation and customer service
Choosing the right Virginia homeowners insurance goes beyond just fulfilling lender requirements—it’s about ensuring your peace of mind. For personalized guidance and a free quote tailored to your specific needs, don’t hesitate to reach out to us. Our expertise can help you secure the protection your home deserves.
Who has the Lowest price on Virginia Homeowners Insurance?
While Virginia homeowners insurance is essential for safeguarding your most valuable asset, finding an affordable option is paramount. Various providers offer competitive rates, making it essential to shop around to find the best deal tailored to your specific needs.
To aid in your quest, we’ve outlined estimated yearly premiums from a selection of reputable insurance carriers, helping you determine who offers the lowest price on Virginia homeowners insurance. Remember, choosing the right policy involves balancing cost with the level of coverage, ensuring your home is adequately protected without overextending your budget.
Estimated Yearly Homeowners Insurance Premiums in Virginia
| Insurance Company | Estimated Yearly Premium |
|---|---|
| Progressive | $900 |
| Dairyland | $960 |
| Travelers | $840 |
| Gainsco | $1,020 |
| National General | $924 |
- Factors Influencing Homeowners Insurance Premiums:
- The location and age of your home
- The amount of coverage and deductible you select
- The presence of security features and any property-specific risk factors
Securing the provider with the lowest rates on Virginia homeowners insurance goes beyond mere price comparison; it requires a thorough evaluation of what each policy offers. For comprehensive coverage tailored to your home and budget, consulting with our knowledgeable agents can provide you with personalized quotes and professional guidance.
Just because you want the best coverages for you home, doesn’t mean you want to pay a whole lot. Here are some companies that have the best and lowest prices on Virginia homeowners insurance!
| Company | Rank |
| Hartford | 1 |
| Progressive | 2 |
| Nationwide | 3 |
| American Family | 4 |
| State Farm | 5 |
| USAA | 6 |
| Auto-Owners | 7 |
| American International | 8 |
| Allstate Corp. | 9 |
Average Cost for Virginia Homeowners Insurance (by city)
Here are some average cost you can expect, to pay according to the city your home is in for Virginia Homeowners Insurance
| City | Price |
| Christiansburg | $1,377.00 |
| Chester | $1,415.00 |
| South Riding | $1,257.00 |
| Dale City | $1,102.00 |
| Charlottesville | $1,362.00 |
| Sudley | $1,170.00 |
| Annandale | $1,133.00 |
| Ashburn | $1,222.00 |
| Reston | $1,210.00 |
| Cave Spring | $1,312.00 |
| Newport News | $1,155.00 |
| Blacksburg | $1,271.00 |
| Franklin Farm | $1,205.00 |
| Montclair | $1,135.00 |
| Bon Air | $1,274.00 |
| Idylwood | $1,424.00 |
| Danville | $1,389.00 |
| Culpeper | $1,351.00 |
| Short Pump | $1,362.00 |
| West Falls Church | $1,425.00 |
| Winchester | $1,234.00 |
| West Springfield | $1,116.00 |
| Richmond | $1,198.00 |
| McNair | $1,233.00 |
| Virginia Beach | $1,219.00 |
| Hampton | $1,178.00 |
| Neabsco | $1,304.00 |
| Merrifield | $1,372.00 |
| Roanoke | $1,376.00 |
| Suffolk | $1,272.00 |
| Tysons | $1,364.00 |
| Hopewell | $1,107.00 |
| Bailey’s Crossroads | $1,122.00 |
| Buckhall | $1,272.00 |
| Harrisonburg | $1,393.00 |
| Lynchburg | $1,166.00 |
| Radford | $1,236.00 |
| Chesapeake | $1,374.00 |
| Leesburg | $1,353.00 |
| Linton Hall | $1,171.00 |
| Oakton | $1,401.00 |
| Staunton | $1,175.00 |
| Brambleton | $1,138.00 |
| Sterling | $1,422.00 |
| Burke | $1,356.00 |
| Burke Centre | $1,320.00 |
| Lincolnia | $1,396.00 |
| Manassas | $1,188.00 |
| Meadowbrook | $1,315.00 |
| Lake Ridge | $1,225.00 |
| Woodlawn CDP | $1,177.00 |
| McLean | $1,221.00 |
| Fair Oaks | $1,324.00 |
| Laurel | $1,316.00 |
| Petersburg | $1,300.00 |
| Herndon | $1,425.00 |
| Chantilly | $1,354.00 |
| Centreville | $1,131.00 |
| Portsmouth | $1,230.00 |
| Rose Hill | $1,179.00 |
| Mechanicsville | $1,425.00 |
| Marumsco | $1,332.00 |
| Salem | $1,103.00 |
| Lorton | $1,156.00 |
| Springfield | $1,270.00 |
| Franconia | $1,414.00 |
| Fairfax | $1,256.00 |
| Arlington | $1,308.00 |
| Tuckahoe | $1,296.00 |
| Alexandria | $1,414.00 |
| Norfolk | $1,350.00 |
| Fredericksburg | $1,120.00 |
| Waynesboro | $1,178.00 |
| Cherry Hill | $1,390.00 |
Most common Causes for Homeowners Loss and claims (nationwide)
By having Virginia Homeowners Insurance you are protecting yourself from the day to day unknown. There are so many things that can cause a loss to your home, so it’s good to be protected!
| Water Damage |
| Hail |
| Loss of Use |
| Fire |
| Wind |
| Vandalism |
| Injuries |
| Power surge |
| Theft |
| Lightning |
| Other Weather related |
Rating Factors: Virginia Homeowners Insurance
Wonder what kind of questions or factors affect your Virginia Homeowners Insurance rates? Here are some common factors that determine what your rate could look like.
| Home liability limits |
| Roof condition |
| Value of home Replacement cost |
| Age of Home |
| Location |
| Deductible |
| Wood-burning stoves |
| Dog breed |
| Home-based business |
| Claims |
| Protection Class Proximity to fire station |
| Credit history |
| Upgrades to Wiring plumbing |
Bundling Options with Virginia Homeowners Insurance
You know bundling your home and auto can save you money! But did you know that you can bundle other things with your homeowners insurance and save? Look at some ideas below!
| Health |
| Boat |
| ATV |
| Auto |
| Life |
| Motorcycle |
| Business |
| Umbrella |
Virginia Homeowners Insurance Rates by Company
Homeowners rates can be different by city, state and company. Here are some companies with great AM ratings, check them out to see some rates!
| Company | Homeowners ($250,000) |
| State Farm | $1,452 |
| Nationwide Mutual | $1,478 |
| Allstate | $1,294 |
| American International | $1,269 |
| Liberty Mutual | $1,495 |
| Farmers Insurance Group | $1,296 |
| American Family Insurance | $1,417 |
| Chubb | $1,263 |
| Auto-Owners Insurance | $1,301 |
| Progressive | $1,425 |
| USAA | $1,439 |
| Erie Insurance | $1,346 |
| Hartford Financial Services | $1,385 |
| MetLife Inc. | $1,531 |
Cheapest Virginia Homeowners Insurance Rates (by city)
We wanted to help you see who has the cheapest Virginia homeowners Insurance by city. Check out your city and see who it is for Virginia Homeowners Insurance
| City | Price |
| Virginia Beach | Liberty Mutual |
| Burke Centre | Progressive (ASI) |
| Tuckahoe | NationWide |
| Idylwood | Progressive (ASI) |
| Suffolk | State Farm |
| Sudley | Amica |
| Lynchburg | Allstate |
| Chantilly | Chub |
| West Springfield | Liberty Mutual |
| Lincolnia | Liberty Mutual |
| Tysons | Amica |
| Chesapeake | Progressive (ASI) |
| Laurel | NationWide |
| Danville | USAA |
| Hampton | Chub |
| Franklin Farm | Allstate |
| McLean | Allstate |
| Reston | Progressive |
| Woodlawn CDP | Travelers |
| Linton Hall | Travelers |
| Petersburg | Progressive |
| Culpeper | Progressive (ASI) |
| Blacksburg | Progressive (ASI) |
| Waynesboro | NationWide |
| Merrifield | Progressive |
| South Riding | Allstate |
| Fair Oaks | USAA |
| Brambleton | Liberty Mutual |
| Dale City | USAA |
| Burke | Allstate |
| Bailey’s Crossroads | Travelers |
| Rose Hill | Progressive (ASI) |
| Hopewell | Allstate |
| Lake Ridge | American Family |
| Mechanicsville | Travelers |
| Charlottesville | Travelers |
| Salem | Amica |
| Newport News | Liberty Mutual |
| Montclair | USAA |
| Neabsco | Travelers |
| Chester | Farmers |
| Ashburn | Travelers |
| Alexandria | Progressive |
| McNair | USAA |
| Springfield | Liberty Mutual |
| Fairfax | NationWide |
| Cherry Hill | USAA |
| Cave Spring | Progressive (ASI) |
| Buckhall | Farmers |
| Fredericksburg | Travelers |
| Harrisonburg | Progressive (ASI) |
| Leesburg | State Farm |
| Marumsco | Liberty Mutual |
| Kingstowne | USAA |
| Herndon | USAA |
| Annandale | Allstate |
| Portsmouth | Progressive (ASI) |
| Lorton | American Family |
| Franconia | Progressive (ASI) |
| Richmond | Travelers |
| Roanoke | Progressive (ASI) |
| Centreville | NationWide |
| Manassas | Liberty Mutual |
| Sterling | Farmers |
| Norfolk | NationWide |
| Staunton | Travelers |
Virginia Homeowners Insurance Company Ratings
Having a great and the best company to insure your home is so important! We have listed below some of those great and highly rated companies for your Homeowners insurance!
| Company | AM Best |
| Liberty Mutual | A |
| Auto-Owners Insurance | A |
| State Farm | A++ |
| Progressive | A+ |
| Hartford Financial | A+ |
| Travelers | A++ |
| Nationwide | A |
| Allstate | A+ |
| MetLife | A- |
| American Family | A |
| USAA | A++ |
| Farmers Insurance | A |
| Chubb | A |
Frequently Asked Questions about Virginia Homeowners Insurance
What does Virginia Homeowners Insurance cover?
Virginia Homeowners Insurance typically covers damage to your home, personal property, and liability protection. It can also provide coverage for additional living expenses if your home becomes uninhabitable due to a covered event. The specific coverage may vary, so it’s essential to review your policy.
How can I lower my homeowners insurance rates in Virginia?
To lower your homeowners insurance rates in Virginia, you can consider bundling your home and auto insurance, increasing your deductible, improving home security, and maintaining a good credit score. A Plus Insurance can help you explore options and find discounts to reduce your insurance costs.
Questions about Virginia Homeowners Insurance? Call us at 1.888.445.2793.
If you have specific questions about Virginia Homeowners Insurance or need personalized assistance, don’t hesitate to call A Plus Insurance at 1.888.445.2793. Our team is ready to provide the information you need to make informed decisions.
| Additional Helpful Links |
|---|
| Liability Only Car Insurance Virginia |
| Virginia SR22 Insurance |
| Motorcycle Insurance Virginia |
| Homeowners Insurance Explained |
| Home Inspection Checklist |
| Virginia Auto Insurance |
For personalized assistance, call us at 1.888.445.2793.
Last Updated on by Brian Muse