Best and cheapest homeowners insurance in Virginia for 2024

Best homeowners insurance companies in Virginia: Erie Insurance

The best home insurance company in Virginia for 2024 is Erie Insurance. State Farm, American Family, Nationwide, and Farmers are among other top home insurance companies in Virginia based on price, NAIC complaints, and AM Best financial ratings.

The total Insurance.com score is calculated out of five using these factors.

Best home insurance companies in Alaska

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Best home insurance in Virginia
Company	AM Best	NAIC complaint ratio	Insurance.com score	Average annual rate
Erie Insurance	A+	0.52	4.70	$1,706
State Farm	A++	0.83	4.35	$1,451
American Family	A	0.80	3.98	$871
Nationwide	A+	1.05	3.83	$1,732
Farmers	A	0.67	3.81	$3,186
Allstate	A+	1.46	3.62	$1,857
Progressive	A+	2.71	3.04	$1,363
Travelers	A++	1.10	2.89	$5,116

Read our methodology

Cheapest home insurance companies in Virginia: American Family

Below are Virginia home insurance rates by company for five different levels of dwelling coverage, each with $300,000 in liability and a $1,000 deductible. Based on our analysis, you’ll see American Family has the most affordable rates in all coverage levels except for $600,000 and $1,000,000 dwelling coverage.

Cheapest home insurance in Virginia
Company	$200,000	$300,000	$400,000	$600,000	$1,000,000
American Family	$674	$871	$1,213	$2,300	$4,681
Virginia Farm Bureau	$819	$1,080	$1,315	$1,929	$3,298
Progressive	$1,070	$1,363	$1,687	$2,365	$3,776
State Farm	$1,150	$1,451	$1,749	$2,385	$3,534
Erie Insurance	$1,227	$1,706	$2,220	$3,124	$5,203
Nationwide	$1,221	$1,732	$2,031	$2,934	$4,842
Allstate	$1,611	$1,857	$2,181	$2,974	$4,705
Farmers	$2,142	$3,186	$4,434	$7,046	$12,004
Travelers	$4,398	$5,116	$6,284	$9,092	$15,303

Read our methodology

How much is homeowners insurance in Virginia?

The average cost of homeowners insurance in Virginia is $2,151 a year or $179 a month. This is based on coverage of:

$300,000 dwelling
$300,000 liability
$1,000 deductible.
2% Hurricane deductible

However, the average annual premium varies by the insurance company, your ZIP code, coverage type, and your home's age, among other factors. It’s a good idea to compare price quotes from different Virginia homeowners insurance companies to get the best deal.

Virginia home insurance rates by ZIP code

Home insurance rates can vary widely depending on where the home is located. We compared home insurance rates by ZIP code in Virginia to see which areas are the most and least expensive.

Enter your ZIP code and desired coverage level in the search box to see the average home insurance rate for that area. You will also see the highest and lowest premiums from major home insurers. This will give you an idea of how much you can save by comparing home insurance rates. The difference between the highest rate and the lowest rate is how much you could save by shopping around.

Home insurance calculator by ZIP code

Average home insurance rates in Texas

Most & least expensive ZIP codes for homeowners insurance in Texas

Most expensive
Least expensive

ZIP code	City	Highest rate
77550	Galveston	$10,164
77586	El Lago	$9,906
77551	Galveston	$9,536
77554	Galveston	$9,358

ZIP code	City	Lowest rate
78559	Iglesia Antigua	$1,956
78593	Santa Rosa	$1,999
79915	El Paso	$2,008
79905	El Paso	$2,009

Read our methodology

The Virginia State Corporation Commission says...

Ask your agent if he charges additional fees over and above his commission. Agents are allowed to charge fees for services, such as photocopying, mailing, and faxing, as long as the applicant or policyholder consents in writing before the services are performed. A schedule of fees must be kept in the agent's office. If you think your agent is charging too much, check with other agents to find out if they charge additional fees.

- The Virginia State Corporation Commission

The most expensive ZIP codes in Virginia for home insurance

Virginia homeowners insurance rates are the most expensive for ZIP code 23356, with an average annual cost of $3,309.

The most expensive ZIP codes in Virginia are:

ZIP code	Average annual rate
23356	$3,309
23337	$3,280
23454	$3,277
23354	$3,232
23417	$3,229
23303	$3,214

Read our methodology

The least expensive ZIP codes in Virginia for home insurance

The cheapest ZIP codes for home insurance in Virginia are:

ZIP code	Average annual rate
22301	$1,673
22201	$1,705
22044	$1,707
22207	$1,707
22203	$1,709
22332	$1,716

Read our methodology

Virginia homeowners insurance rates by county

Home insurance rates in Virginia vary by county. Take a look at the average rates by county in Virginia below to see how costs compare.

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Average annual premium

$1,560

$3,268

County	Average annual premium	Average monthly premium
Accomack	$3,004	$250
Albemarle	$1,775	$148
Alexandria	$1,583	$132
Alleghany	$1,976	$165
Amelia	$2,196	$183
Amherst	$1,907	$159
Appomattox	$2,088	$174
Arlington	$1,573	$131
Augusta	$1,797	$150
Bath	$2,011	$168
Bedford	$1,884	$157
Bedford City	$1,892	$158
Bland	$1,960	$163
Botetourt	$1,792	$149
Bristol	$1,984	$165
Brunswick	$2,439	$203
Buchanan	$2,401	$200
Buckingham	$2,017	$168
Buena Vista	$1,737	$145
Campbell	$1,983	$165
Caroline	$2,097	$175
Carroll	$2,016	$168
Charles City	$2,152	$179
Charlotte	$2,371	$198
Charlottesville	$1,734	$144
Chesapeake	$2,841	$237
Chesterfield	$1,958	$163
Clarke	$1,911	$159
Craig	$1,974	$165
Culpeper	$1,962	$164
Cumberland	$2,219	$185
Danville	$2,046	$171
Dickenson	$2,421	$202
Dinwiddie	$2,298	$191
Essex	$2,183	$182
Fairfax	$1,629	$136
Fairfax city	$1,621	$135
Falls Church	$1,560	$130
Fauquier	$1,818	$151
Floyd	$1,976	$165
Fluvanna	$1,873	$156
Franklin	$2,022	$168
Frederick	$1,876	$156
Fredericksburg	$1,775	$148
Galax	$1,994	$166
Giles	$1,972	$164
Gloucester	$2,382	$198
Goochland	$2,206	$184
Grayson	$2,027	$169
Greene	$1,912	$159
Greensville	$2,478	$206
Halifax	$2,340	$195
Hampton	$2,972	$248
Hanover	$1,883	$157
Harrisonburg	$1,778	$148
Henrico	$1,842	$154
Henry	$2,120	$177
Highland	$2,028	$169
Isle Of Wight	$2,629	$219
James City	$2,064	$172
King And Queen	$2,230	$186
King George	$2,013	$168
King William	$2,172	$181
Lancaster	$2,357	$196
Lee	$2,242	$187
Loudoun	$1,690	$141
Louisa	$1,945	$162
Lunenburg	$2,364	$197
Lynchburg	$1,952	$163
Madison	$2,087	$174
Mathews	$2,715	$226
Mecklenburg	$2,416	$201
Middlesex	$2,517	$210
Montgomery	$1,828	$152
Nelson	$1,972	$164
New Kent	$2,172	$181
Newport News	$2,515	$210
Newport News City	$2,476	$206
Norfolk	$2,942	$245
Northampton	$3,093	$258
Northumberland	$2,485	$207
Nottoway	$2,169	$181
Orange	$1,892	$158
Page	$1,867	$156
Patrick	$2,230	$186
Pittsylvania	$2,191	$183
Poquoson	$2,763	$230
Portsmouth	$2,813	$234
Powhatan	$2,034	$170
Prince Edward	$2,232	$186
Prince George	$2,285	$190
Prince William	$1,753	$146
Pulaski	$1,983	$165
Radford	$1,928	$161
Rappahannock	$2,094	$174
Richmond	$2,161	$180
Richmond City	$2,062	$172
Roanoke	$1,758	$146
Roanoke City	$1,774	$148
Rockbridge	$1,885	$157
Rockingham	$1,722	$144
Russell	$2,199	$183
Scott	$2,348	$196
Shenandoah	$1,867	$156
Smyth	$2,056	$171
Southampton	$2,585	$215
Spotsylvania	$1,838	$153
Stafford	$1,826	$152
Suffolk	$2,744	$229
Surry	$2,501	$208
Sussex	$2,377	$198
Tazewell	$2,101	$175
Virginia Beach	$3,268	$272
Warren	$1,855	$155
Washington	$2,023	$169
Westmoreland	$2,204	$184
Williamsburg	$2,071	$173
Winchester	$1,811	$151
Wise	$2,225	$185
Wythe	$1,984	$165
York	$2,400	$200

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Compare homeowners insurance rates by city in Virginia

Home insurance rates vary significantly across cities, influenced by various factors, including weather patterns, crime rates, and property values. You must consider these factors and compare quotes from different insurers to get the best deal on home insurance for your specific city in Virginia.

City	Annual insurance premium
Fishersville	$1,333
Galax	$1,512
Harrisonburg	$1,311
Lynchburg	$1,457
Norfolk	$2,187
Virginia Beach	$2,519
Williamsburg	$1,615
Winchester	$1,364

Read our methodology

Basics of homeowners insurance in Virginia

Unlike car insurance, there is no law requiring you to have home insurance or defining how much coverage you need. But similar to car insurance, homeowners insurance rates vary significantly among insurance companies because each carrier uses its own formula to set rates. How much you pay for Virginia home insurance depends on the value and materials of your home and belongings, as well as the number and cost of insurance claims in your area. So, like auto insurance, the best way to find cheap home insurance in Virginia is to compare rates from at least three insurance companies.

To help you shop for coverage, here’s a look at the basic components of home insurance, and how much to get to make sure you’re not underinsured.

What does home insurance cover

Methodology

Insurance.com commissioned 2023 home insurance rates from Quadrant Data Services fielded across all Virginia ZIP codes. Rates were fielded at multiple coverage levels with a deductible of $1,000.

Virginia home insurance FAQs

Is damage from wind and hail covered by home insurance in Virginia?

Wind and hail damage are typically covered by standard home insurance policies. However, some insurance companies may include a separate deductible for hurricane damage. Also, some home insurance policies do not cover cosmetic damage from hail.

Is flood damage covered by homeowners insurance in Virginia?

No. You need to buy a separate flood insurance policy from a private company or through the federal National Flood Insurance Program (NFIP). There is typically a 30-day waiting period for a new flood insurance policy to take effect, so you can’t wait until a hurricane is about to hit and expect to buy a policy that will protect you immediately.