Home Home insurance Average home insurance cost Homeowners insurance rates by state Average homeowners insurance cost in Virginia Average homeowners insurance cost in Virginia Homeowners insurance in Virginia costs $2,135 per year or $178 monthly, according to Insure.com’s data analysis. View Carriers Please enter valid zip Compare top carriers in your area Written by Shivani Gite Shivani Gite Shivani Gite is a personal finance and insurance writer with a degree in journalism and mass communication. She is passionate about making insurance topics easy to understand for people and helping them make better financial decisions. | Reviewed by Nupur Gambhir Nupur Gambhir Nupur Gambhir is a content editor and licensed life, health, and disability insurance expert. She has extensive experience bringing brands to life and has built award-nominated campaigns for travel and tech. Her insurance expertise has been featured in Bloomberg News, Forbes Advisor, CNET, Fortune, Slate, Real Simple, Lifehacker, The Financial Gym, and the end-of-life planning service. | Updated on: November 21, 2024 Why you can trust Insure.com Quality Verified At Insure.com, we are committed to providing the timely, accurate and expert information consumers need to make smart insurance decisions. All our content is written and reviewed by industry professionals and insurance experts. Our team carefully vets our rate data to ensure we only provide reliable and up-to-date insurance pricing. We follow the highest editorial standards. Our content is based solely on objective research and data gathering. We maintain strict editorial independence to ensure unbiased coverage of the insurance industry. Whether you’re buying a new home or want to protect the property you currently own, it’s important to have sufficient homeowners insurance coverage in place. However, home insurance policies can get expensive, depending on your insurer and the coverage level you choose.On average, Virginia homeowners insurance costs $2,135 a year, based on Insure.com’s data. Learn more about the average homeowners insurance rates by company and ZIP code in Virginia. Key Takeaways Homeowners insurance costs an average of $2,135 a year, based on Insure.com analysis.Of all the ZIP codes in Virginia, 22301 has the most affordable home insurance rates at around $1,503 annually.In Virginia, American Family provides the most affordable home insurance at an average annual premium of $865. Average home insurance cost in Virginia by coverage levelThe average cost of homeowners insurance in Virginia is $2,135 per year for the coverage limits of $300,000 dwelling coverage and $100,000 liability with a $1,000 deductible.However, if you increase the dwelling coverage limit from $300,000 to $400,000, you will pay $1,074 per year for homeowners insurance in Virginia for $100,000 in liability protection and $1,000 deductible. Below, you can find the average cost of homeowners insurance in Virginia for dwelling coverage of $300,000, $400,000 and $500,000.Coverage Average annual rate Average monthly rate200000 with 1000 Deductible and 100000 Liability and 2% Deductible$1,630$136200000 with 1000 Deductible and 300000 Liability and 2% Deductible$1,645$137300000 with 1000 Deductible and 100000 Liability and 2% Deductible$2,135$178300000 with 1000 Deductible and 300000 Liability and 2% Deductible$2,151$179400000 with 1000 Deductible and 100000 Liability and 2% Deductible$2,738$228400000 with 1000 Deductible and 300000 Liability and 2% Deductible$2,752$229600000 with 1000 Deductible and 100000 Liability and 2% Deductible$4,098$342600000 with 1000 Deductible and 300000 Liability and 2% Deductible$4,120$3431000000 with 1000 Deductible and 100000 Liability and 2% Deductible$6,908$5761000000 with 1000 Deductible and 300000 Liability and 2% Deductible$6,935$578Homeowners insurance companies in Virginia decide rates based on risk. They consider your location, claims history and coverage limit when calculating premiums.If your neighborhood has seen many claims over the past few years, you can expect to pay higher home insurance rates than an area with few to no claims.According to S&P Global Market Intelligence’s RateWatch application, the average homeowners insurance premium for owner-occupied homes nationwide increased by over 11% in 2023.Best homeowners insurance companies in VirginiaIt’s always a good idea to shop around and compare prices before purchasing homeowners insurance. Several factors come into play when choosing the best homeowners insurance company.We evaluated homeowners insurance providers in Virginia by comparing their NAIC scores and AM Best ratings and compiled a list of the top insurers in the state. Based on Insure.com’s analysis, American Family received the lowest NAIC score and an AM Best rating of A. A lower NAIC score signifies fewer complaints relative to the company’s size, indicating greater customer satisfaction.Company Average annual premiumAM Best Rating NAIC Complaint IndexOverall scoreAmerican Family$865A0.375Farmers$3,168A0.544.97State Farm$1,419A++0.954.9Nationwide$1,722A+0.874.74Allstate$1,822A+0.94.71Travelers$5,098A++0.543.86Progressive$1,353A+8.453.67Average homeowners insurance cost by company in VirginiaAmerican Family provides the most affordable homeowners insurance in Virginia, with an average annual premium of $865. Virginia Farm Bureau and Progressive also offer cheap home insurance rates.Shopping around for homeowners insurance can help you save hundreds of dollars annually.Here are the average annual and monthly insurance rates for homeowners in Virginia with a policy that provides $300,000 in dwelling coverage, $100,000 in liability protection, and a $1,000 deductible.Company Average annual rate Average monthly rateAmerican Family$865$72Virginia Farm Bureau$1,074$90Progressive$1,353$113State Farm$1,419$118Erie Insurance$1,700$142Nationwide$1,722$143Allstate$1,822$152Farmers$3,168$264Travelers$5,168$431Virginia homeowners insurance rates by ZIP codeInsurance providers in Virginia factor in the risk of a given location when determining rates. ZIP codes with higher crime rates or frequent natural disasters are typically classified as high-risk, leading to increased premiums. Additionally, the cost of rebuilding or repairing homes in that area can affect your homeowners insurance costs.To get the best deal on homeowners insurance rates in Virginia, take the time to shop around and compare quotes from multiple insurers. Additionally, don’t forget to ask about potential discounts, like bundling policies or a smart home discount.Most affordable ZIP codes for home insurance rates in VirginiaHome insurance costs vary across different areas in Virginia. What you pay for homeowners insurance depends on several factors, including your ZIP code. According to our data, the 22301 ZIP code has the lowest home insurance rates in Virginia, at $1,503 annually or $125 per month.Here are the homeowners insurance rates for some of the most affordable ZIP codes in Virginia.ZIP codeAverage annual rateAverage monthly rate22301$1,503$12522044$1,515$12622207$1,518$12722203$1,522$12722201$1,523$12722043$1,527$12722304$1,540$12822205$1,541$12822305$1,542$12922332$1,545$129Most expensive ZIP codes for home insurance rates in VirginiaYour ZIP code plays a significant role in determining the cost of your homeowners insurance. In Virginia, some areas face higher premiums due to factors like high crime rates, greater risk of natural disasters and higher living expenses.In Virginia, 23459 has the highest homeowners insurance rates, at $4,177 per year.Here, we’ve highlighted some of the most expensive ZIP codes in Virginia for homeowners insurance:ZIP codeAverage annual rateAverage monthly rate23459$4,177$34823461$3,993$33323457$3,809$31723451$3,723$31023310$3,638$30323336$3,556$29623307$3,467$28923405$3,465$28923454$3,427$28623664$3,411$284Home insurance rates vary from one city to another. But with Insure.com, finding the right home insurance policy is easy. Learn more about homeowners insurance costs for different cities below.Home insurance rates in Virginia by cityAshburnCarrolltonMarkhamRestonSt. PaulVirginia BeachHome insurance rate trend in VirginiaWe analyzed home insurance rate trends in Virginia and found that homeowners insurance rates experienced an overall increase of 8% or $153, from 2022 to 2023.The following data highlights the changes in homeowners insurance rates since 2019.2019 rates2022 rates2023 rates$1,695$1,982$2,135Finding the right homeowners insurance requires thorough research and comparing rates from different insurers, as each has its own way of assessing risk. By gathering quotes from at least three companies, you can increase your chances of getting the most affordable coverage in Virginia.Resources & methodologySourceS&P Global. “US homeowners insurance rates jump by double digits in 2023.” Accessed September 2024.MethodologyInsure.com worked with Quadrant Information Service to get homeowners insurance data. We analyzed 20,739,560 insurance quotes from 82 national and regional insurance companies across 34,588 ZIP codes to determine the average premiums.The insurance rates are based on a sample profile of a homeowner with good credit and the following coverage level:$300,000 dwelling coverage$100,000 liability protection$1000 deductibleWe have taken into account 3 important factors such as average annual cost, NAIC score and AM Best rating, to determine the list of best homeowners insurance companies. The quoted insurance rates are for comparison purposes, and your individual rates may vary. Explore other insurance options in Virginia Average renters insurance cost in Virginia Average car insurance cost in Virginia Non-owner auto insurance in Virginia How much is home insurance in other statesAlaska$1,695/YearAlabama$3,131/YearArkansas$3,948/YearArizona$2,468/YearCalifornia$1,386/YearColorado$4,086/YearConnecticut$2,205/YearWashington, D.C.$1,327/YearDelaware$1,366/YearFlorida$4,405/YearGeorgia$2,286/YearHawaii$593/YearIowa$2,642/YearIdaho$1,950/YearIllinois$3,044/YearIndiana$2,969/YearKansas$4,826/YearKentucky$3,314/YearLouisiana$3,576/YearMassachusetts$1,622/YearMaryland$1,707/YearMaine$1,375/YearMichigan$2,396/YearMinnesota$2,399/YearMissouri$3,528/YearMississippi$3,369/YearMontana$3,265/YearNorth Carolina$2,933/YearNorth Dakota$3,134/YearNebraska$4,785/YearNew Hampshire$1,209/YearNew Jersey$1,506/YearNew Mexico$2,638/YearNevada$1,444/YearNew York$1,777/YearOhio$2,144/YearOklahoma$5,749/YearOregon$1,741/YearPennsylvania$1,886/YearRhode Island$1,932/YearSouth Carolina$2,668/YearSouth Dakota$3,374/YearTennessee$3,045/YearTexas$3,844/YearUtah$1,792/YearVermont$1,247/YearWashington$1,596/YearWisconsin$1,648/YearWest Virginia$1,886/YearWyoming$1,885/YearShow moreShivani GiteContributing Writer | . .Shivani Gite is a personal finance and insurance writer with a degree in journalism and mass communication. 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