Find the Cheapest Homeowners Insurance Quotes in Your Area
We evaluated insurance quotes for a sample 2,000 square foot home in 75 cities across Virginia to determine which cities had the highest and lowest annual home insurance costs. Based on this sample, we found that Virginia homeowners pay an average of $1,310 per year for home insurance. Below we profile a number of cities in Virginia and evaluate their price differences. Read more about our findings below or use our toolbar above to find the best homeowners insurance quotes in your area.
- Best Homeowners Insurance Companies in Virginia
- Cheapest Home Insurance Companies
- Homeowners Insurance Rates in Virginia's Largest Cities
- Top 5 Best Cities for Home Insurance in Virginia
- Top 5 Most Expensive Cities for Home Insurance in Virginia
Best Homeowners Insurance Companies in Virginia
The best home insurance companies in Virginia should balance coverage features, affordable price, strong financial stability ratings and customer service. Emphasizing customer service, we've compared the biggest homeowners insurance companies in the Old Dominion by customer complaints. The best homeowners insurance companies in Virginia are USAA, Travelers and Nationwide. The least satisfied customers were policyholders with American Family, Allstate and Virginia Farm Bureau.
|Rank||Company||Market share||Complaint ratio|
|10||Virginia Farm Bureau||2.2%||0.59|
Find the Cheapest Homeowners Insurance Quotes in Your Area
The worst-rated home insurers don't necessarily have bad customer service. In fact, Virginians appear to be generally pleased with their customer experience. Nine out of the 10 largest companies received a customer complaint ratio below the national median of 1.0, with American Family being the only exception. The Virginia Farm Bureau received the second worst rating, but its complaint ratio of 0.59 is far below the national median of 1.0.
Other Major Virginia Home Insurance Companies
Two other large Virginia homeowners insurance companies did not make our list: Northern Neck and Loudoun Mutual. These insurers both represent over 1% of the home insurance market in Virginia by premiums written, but we excluded them given the limited data available on customer complaints. Both Northern Neck and Loudoun Mutual are locally focused, with roots in Virginia, and have excellent financial strength ratings from A.M. Best of "A-" and "A" respectively. If you're looking for a home insurer with a local touch, it may be worth getting a quote from these two Virginia insurance institutions.
If you can't find home insurance on the private market, it may be worth looking into the Virginia Property Insurance Association. Its mission is to ensure basic property insurance is available for all qualified properties and can provide a source of coverage to those who have been rejected by major insurance companies.
Cheapest Home Insurance Companies in Virginia
We gathered quotes for our sample home across 75 cities from Allstate, State Farm and Farmers insurance companies. Quotes from each company were averaged to find which insurance companies offered the cheapest annual home insurance rates in Virginia. Of the companies surveyed, we found that, on average, State Farm offers the best home insurance rates for the state of Virginia at $990 per year.
The graph below shows the average annual cost to insure our sample home by company:
Homeowners Insurance Rates in Virginia's Largest Cities
We evaluated homeowners insurance rates across the five largest cities in Virginia. Our study used control variables including the age of the home, square footage, replacement cost, construction type and roof type, to gather comparable quotes across a number of home insurance companies. We found that, on average, the homeowners in the five largest cities pay 13% more than the rest of the state for home insurance. The average cost for homeowners insurance in Virginia’s five largest cities is $1,474 per year.
Virginia Beach, VA
Located right along the North Carolina–Virginia state line, Virginia Beach is the largest city in Virginia and is known for its booming tourism industry and waterfront beaches. The city is spread out along 35 miles of oceanfront and almost 500 square miles of land mass. The Virginia Beach oceanfront features over 40 hotels, with over twice that number in restaurants and bars. It’s also the world's longest stretch of pleasure beach in the Guinness Book of World Records.
The average annual premium for home insurance in Virginia Beach is 19% more expensive than the state average. Farmers quoted the most expensive annual rate in our Virginia Beach sample of $1,848. State Farm, the most affordable insurer in the city, quoted our sample home the best annual insurance rate of $1,079.
Norfolk is the second most populous city in Virginia and has historically been a strategic military port due to its natural harbors. Almost entirely destroyed during the Revolutionary War, the city rebuilt itself in 1783. Its importance as a strategic military station is undiminished, as Naval Station Norfolk continues to be the largest base of operations for the United States Navy, supporting fleets in the Atlantic, Mediterranean and Indian Oceans. The City of Norfolk also features beautiful architecture from the Georgian, neoclassical, and Art Deco schools of architecture that were built over the years, and continues to be admired today.
The cost of insuring a property in Norfolk averages $1,458 – 11% above the state mean. State Farm offered the most affordable annual home insurance quote of $1,068, while Farmers provided the most expensive annual quote of $1,657.
Chesapeake is the third largest city in Virginia, and is consistently ranked by the FBI as one of the safest cities in the nation. Spanning 353 square miles, it is also one of the largest cities in the United States. Chesapeake borders the northeast section of the Great Dismal Swamp Wildlife Refuge, which was declared a National Natural Landmark by the National Park Service in 1974. Due to the diversity of local ecosystems spanning farmlands, forests and wetlands, the area is home to a vast collection of wildlife. Chesapeake has the longest stretch of deepwater canals of any city in the United States, offering over 22 miles of fresh and saltwater canals and waterways; this makes it a natural fishing paradise.
State Farm quoted the best annual home insurance rate of $1,055 for our sample home in Chesapeake. Farmers offered the most expensive rate of $2,391, while Allstate offered a middling rate of $1,678. Overall, Chesapeake’s homeowners insurance rates are 30% greater than the state average, ranking it the third most expensive city for homeowners insurance in Virginia.
Arlington is a popular residence for commuters who work in Washington D.C. due to its close proximity to the capital. The city’s economy is dominated by federal agencies and consulting firms, the most prominent of which is the Pentagon, home to the U.S. Department of Defense. Some of the city's other top employers include the Department of State and the Department of Homeland Security. Arlington is also ranked 8th on ValuePenguin's list of the Most Educated Cities in America.
Due in part to its stable economic base, the average annual home insurance rate for Arlington is only slightly above the state average at $1,406 – 7% above the state mean. If you’re shopping for the best home insurance rates in Arlington, we suggest beginning with State Farm, which quoted us a $783 annual rate for our sample home.
Richmond is the state capital and fifth largest city in Virginia. It has been the state capital since 1780 and was the site of the fateful "Give me liberty or give me death" speech, given by Patrick Henry on the steps of Richmond's St. John's Church. Richmond is also home to the Virginia Commonwealth University, the University of Richmond, as well as three other public and private institutions. Its annual homeowners insurance rates are closer to the state average than Virginia's other major cities, at just 5% below the mean. Richmond was also ranked number 5 on ValuePenguin’s list of Most Expensive Cities for Renters Insurance in Virginia.
The mean annual home insurance quote in Richmond is $1,248, making it the cheapest city for homeowners insurance amongst the top 5 largest cities in Virginia. The cheapest quote was provided by State Farm at $1,063 per year.
Least Expensive Homeowners Insurance in Virginia: by City
This graph shows the five most affordable cities for homeowners insurance in our study. The cities are listed in order of mean price, starting with the lowest average annual home insurance quote and counting up. We found that Centreville is the cheapest city in Virginia for homeowners insurance. On average, Centreville residents pay $1,064 annually, 19% less than the rest of the state.
As previously mentioned, Centreville is the most affordable city in Virginia for homeowners insurance. On average, Centreville residents pay $246 less for their homeowners insurance than the average Virginia resident. In our study, State Farm quoted the cheapest annual home insurance rate of $884, while Farmers quoted the highest annual rate of $1,216.
Herndon is the second best city for home insurance in Virginia. The mean annual home insurance quote in the city is $1,071, which is 18% cheaper than the state average. The most affordable annual home insurance rate in Herndon was quoted by State Farm at $880.
Woodbridge ranks third on our list of most affordable cities for home insurance. The average annual home insurance quote gathered for the city of Woodbridge is $1,089, which is $221 lower than the state mean. State Farm provided our cheapest quote of $925.
Salem offers the fourth most affordable home insurance rates in the state. Residents pay around $1,108 per year, which is $202 less than the state average. The cheapest quote in Salem was offered by State Farm at $810 per year.
Fairfax ranks fifth on our list of most affordable cities for home insurance. On average, residents pay $1,122 annually for homeowners insurance, which is a 14% discount to the state mean. The cheapest annual homeowners insurance quote in Fairfax was provided by State Farm at $815.
Most Expensive Homeowners Insurance in Virginia: by City
This graph shows the five most expensive cities for homeowners insurance in our study. The cities are listed in order of price, starting with the highest average rate and descending. Our research found that the most expensive city for homeowners insurance in Virginia is Portsmouth, where we were quoted an average annual rate of $1,730 – 32% more expensive than the state average. Portsmouth's greater than average home insurance rates are likely due to its low-lying coastal location, which makes it more susceptible to flooding and damage from hurricanes.
We studied 75 cities, spread out geographically across the state of Virginia. The sample home we reviewed was built in the year 2000, had 2,000 square feet across two stories, and cost $200,000. Quotes for this home were obtained from Allstate, State Farm and Farmers insurance companies, then rates were averaged for each city. To see an alphabetical list of all the cities included in the analysis, please see below. We've displayed all cities surveyed, from Alexandria to Wytheville, with the average annual cost of insurance for the benchmark property, and how much home insurance costs in each city relative to the state average.
|Rank||City||Average Insurance Rate||Cost Compared to State Average|
|28||Amelia Court House||1,253||-4%|
|57||Big Stone Gap||1,372||5%|