The lowest and highest prices for homeowners insurance in Virginia
What is the best cheap homeowners insurance in Virginia? A study done by ValuePenguin has found that, depending on certain factors like proximity to the coast and crime rate, insurance costs can vary drastically. On average, home insurance is $1,088 in the state of Virginia. However, homeowners in Virginia could pay as low as $893. On the high end, $1,527.
The study was based on a homeowners policy for a home valued at $200,00 and approximately 2,000 square feet in size, with the cheapest average annual rate coming to just $835!
What Cities in Virginia pay the most for homeowners insurance on average?
Virginia Beach, VA - $1,760
Kilmarnock, VA - $1527
Urbanna, VA - $1451
Hampton, VA - $1402
Norfolk, VA - $1376
The cities who pay the least are:
Harrisonburg, VA - $893
Salem, VA - $929
Radford, VA - $936
Christiansburg, VA - $937
Vinton, VA - $938
Average Cost of Homeowners Insurance in Virginia by city