Best Homeowners Insurance In Virginia For Your Home (quotes from $83/month!)

Written By Licensed Agent Sa ElAugust 9, 2021

Home insurance is a necessary expense for anyone with a house which holds especially true for the 66.3% of homeowners that live in Virginia. 

When it comes to finding the best homeowners insurance in Virginia, you want to make sure that you compare apples to apples.

In this post, we'll give you a survival guide to Virginia home insurance and go over things like how to get cheap homeowners insurance and how to understand different coverage options..

We will also recommend coverages, common causes of loss in the state, and how to get free quotes from affordable insurers in VA.

Best Overall

hippo home insurance logo

Hippo is backed by TOPA Insurance who is rated A- (Excellent) by A.M. Best and is our #1 pick. Their competitive rates and 100% online application earned them the 1st spot.

More Of The Best Homeowners Insurance Companies In Virginia Below...

Best For Discounts

progressive logo

Progressive is best for discounts and they have A+ ratings from both BBB and A.M. Best and is our #2 pick.
Click below to get an accurate quote.

Best For First Time Home Buyers

allstate logo

Allstate is rated A+ by A.M. Best and is our #3. Allstate is best for first time home buyers earning it the #3 spot.

Click below to get an accurate quote.

Best For Customer Service

liberty mutual logo

Liberty Mutual is rated A+ by A.M. Best and is known for their great customer service making them our #4 pick. 

Click below to get an accurate quote.

How Much Is Home Insurance In Virginia?

Based on our research, the average cost of homeowners insurance in Virginia is $83 per month or $996 per year as of 2021. Virginia homeowners insurance is more affordable than the annual U.S. average of $1,595 by $599.00 per year based on home-dwelling coverage limits between $200,000 and $250,000.

Who Is The Cheapest Homeowners Insurance Company In Virginia? 

Hippo has some of the best cheap home insurance rates in Virginia, and they offer one of the easiest and fastest ways to get home insurance coverage online in minutes.

In fact, one of our customers left them the below review: 

hippo customer review



"I saved $400 on homeowners insurance. I cannot believe I saved $400 on homeowners insurance. I am so glad I didn't give up on my search!"

Hippo has homeowners insurance for all types of homes, condos, and apartment buildings (Landlord Insurance) in Virginia which also makes them one of the top insurance providers. They also have extensive home insurance coverage options.

However, homeowners in Virginia should compare rates and policies with multiple companies to ensure they get the best deal for themselves.

Home Insurance Quotes In Virginia By Coverage Amount

As you can see, the average monthly home insurance premiums on a $100,000 home will run you around $42.00 per month, and coverage on a $400,000 home in Virginia will run you about $115.00 per month.

Coverage Level

Average Monthly Premium

$100,000 Dwelling


$200,000 Dwelling


$250,000 Dwelling


$400,000 Dwelling


Virginia Home Insurance Rates By City 

Arlington has the most affordable Virginia homeowners insurance rates at an average annual premium of $885 per year or $74 per month. Virginia's most expensive home insurance rate goes to Virginia Beach, with an average yearly price of $1,874 or $156 per month.

5 Most Affordable Cities In VA For Home Insurance











Newport News


5 Most Expensive Cities In VA For Home Insurance



Virginia Beach










What Factors Help Determine Your VA Home Insurance Rates?

The cost of homeowners insurance in Virginia will vary depending on several factors such as:

  • Where you live - The cost of homeowners insurance will vary from city to city, based on factors like the presence of fire hazards and crime. Mounting security measures, such as security cameras or living in a gated community can also help lower your costs.
  • Your deductible - A higher deductible usually means lower monthly payments. Would you instead prefer to pay less monthly and more at once, or would you instead spend more monthly and a lower deductible if you need to use your coverage? It depends on what is best for your budget and your personal belongings.
  • How much coverage you need - What items are you covering? If your belongings have a value that exceeds the minimum coverage, you might want to increase the limit on your homeowners insurance policy. However, such a change might increase the cost of your home insurance plan.

Other items that help determine your Virginia home insurance rates are:

  • The price of your home and the cost to rebuild it.
  • Your home's age and condition.
  • Home security and safety features.
  • Having a good credit history.


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Get quotes and sign up online without talking to an agent. But, we are here if you need us.

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What Does Homeowners Insurance Cover In Virginia?

Home insurance covers your personal property and liability if you are legally liable for any injuries or damages caused to someone else. Below we go over each area of coverage in more detail.

Dwelling Coverage

This type of coverage is used to repair or rebuild your home when damage from a covered loss to the physical structure of your home happens. You should always base the cost to rebuild your home if you purchase dwelling coverage. This way, if the price goes up based on third-party situations, you will be covered. 

Other Structures Coverage

This is coverage for damage to detached structures that are still a part of your property such as gates, a dog house, or fence. It's best to make sure you know how the homeowners insurance Virginia coverage levels will work for other structures especially when you start dealing with things like hurricane damage.

Personal Property Coverage

Personal property coverage can cover you if personal items in your home are damaged, stolen, or destroyed like furniture and clothes.  This coverage will not, however, cover your car or motorcycle, you will need to reach out to your auto insurance or car insurance company for that coverage.

Loss Of Use (also called Additional Living Expenses - ALE)

Loss of use coverage means that if something happens to your home and cannot live there because of the damage, your insurance company will reimburse your living costs.

Personal Liability Coverage

Personal Liability Protection coverage is going to kick in if you or your household are personally responsible for causing bodily harm or property damage to others.

Actual Cash Value Vs. Replacement Cost

One of the most confusing aspects of purchasing homeowners insurance is the differences between replacement cost coverage and actual cash value coverage.

Replacement Cost homeowners insurance will pay you the cost of replacing your belongings, whereas actual cash value homeowners insurance pays what they are worth at a specific time

There are typically two significant distinctions between these policies:

  • Replacement Cost Coverage - Your home is fully covered with replacement cost homeowners insurance and only partially covered under Actual Cash Value.
  • Actual Cash Value Coverage - Actual Cash Value Coverage is often cheaper and can be used for people who want their property insured but don't care for their items as much. 

It's always best to go with a policy that has the replacement cost benefit because it will give you maximum protection. You should ask your insurance company which type of coverage is offered under their policy and the different costs. 

What Items Will Homeowners Insurance Cover In Virginia? 

In Virginia, homeowners insurance covers your physical home, such as your roof or structural damage. It also covers things attached to your physical home (dog house), everything you own that’s portable, temporary housing if your home becomes uninhabitable, and injuries sustained by other people at your home.

  • Clothing
  • Computers
  • Other Electronics
  • Appliances
  • Jewelry (up to a limit)
  • Medical expenses and legal fees if someone is injured on your property
  • Accidental damage to someone else's property
  • Weather - damage from the weight of snow, frozen pipes, lightning, or windstorms.

What Type Of Damage Do Home Insurance Companies Cover In Virginia?

The types of damage that a homeowners insurance policy would cover in Virginia are:

  • Fire
  • Riots
  • Smoke Damage
  • Vandalism
  • Theft
  • Windstorm
  • Water Damage
  • Visitor injuries
  • Vehicle impact (to property)
  • Damage from the weight of snow
  • Frozen Pipes
  • Lightning

Does Homeowners Insurance Cover Floods In VA?

Homeowners policies rarely include Flood coverage, but it is a must for some homeowners. Flood coverage differs from Homeowners insurance because most Homeowners policies specifically exclude water damage that results from rising water.

If your policy doesn't cover floods you can purchase flood insurance or go through the national flood insurance program (Flood Smart).

For those who speak insurance lingo, "rising" water distinguishes flood damage from regular flooded house repair needs.

How Much Is Flood Insurance In Virginia?

The average cost of flood insurance is about $700 per year or $58.00 per month, according to Neptune Flood, but the price varies depending on several factors including your geographical area and how much coverage you are looking for. Floods from a high-risk area may even exceed the entire value of your home.

What Does Homeowners Insurance Not Cover In Virginia? 

Virginia homeowners insurance offers comprehensive coverage, but there are a few things your home insurance policy won't cover that you should take into account before purchasing a policy.

  • Earthquake Damage
  • Flood damage
  • Sinkhole Damage (In certain states)
  • Landslides & Mudflow Damage

It’s important to know what your policy won’t cover before you make a purchase decision.  Call an agent or the company if there are any unclear questions.

Is Homeowners Insurance Required By Law In Virginia ?

Although Virginia has no laws that require homeowners to buy insurance, the smartest thing you can do for your home is get a policy. 

Your home purchase will be one of the most significant investments you will make, so not covering it with insurance would be a huge mistake. 

Also, keep in mind that just because it isn’t required by law, it doesn’t mean your mortgage lender or condo association won’t need it.

Can A Mortgage Lender Require Home Insurance Coverage In Virginia? 

Yes, before you can officially buy your home, your mortgage lender will require that you purchase homeowners insurance.

Once you pick the insurance company that you think would be best to cover your newly bought home, they’ll tell you your premium, and you’ll set your coverage to begin on the day of your closing.  

Your lender will want you to have homeowners insurance lined up and ready to go before you come to the closing. 


Home insurance by state.

Survival Guide To Virginia Homeowners Insurance

It's crucial to have a plan when it comes to your homeowner's insurance, which is why we've put together a survival guide. We cover some of the common causes of loss, an inventory checklist, and information for your department of insurance.

Virginia Common Causes Of Loss

There are specific claims that you expect in a Virginia homeowner's policy, but some may surprise you.

Home damage from nature is one of the unavoidable casualties to homeowners, and it's just another reason why home insurance is essential protection for your family.

Wind and hail damage takes the top spot nationally regarding the most significant source of claims cost.

Covered perils that are the most common on a Virginia's homeowners policy are:

  • Wind & Hail Damage | 34.4%
  • Fire & Lightning Damage | 32.7%
  • Water & Freezing Damage | 23.8%
  • All other property damage | 6.2%
  • Theft | 1.0%

Make sure to carefully read your policy to understand its wind and hail coverage. If you live near the coast, it may be excluded or have a higher deductible. Make sure to purchase additional coverage if needed.

If you have any questions about your policy, you should contact your licensed agent or the insurance company directly.

Your Inventory Household Checklist

Taking inventory of your household items is essential when trying to determine how much coverage you will need. 

You can use this nifty Home Inventory Checklist to go room by room and record each item along with the price and purchase date.

A list like this is important when it comes to filing figuring out what has been lost and especially for filing a claim.

Remember that number six on the list of home insurance claims is Theft, so make sure you have an itemized list of your personal items.

Contacting The Virginia Department Of Insurance

The best way to contact the Virginia Department of insurance is by phone at 802-828-330 or toll-free at 833-337-4685

You can reach the Virginia Department of Insurance at the below mailing address:

Department of Financial Regulation
Consumer Services
89 Main Street, Montpelier, VA 05620 - 3101

For more information about the Virginia Department of Insurance, you can visit their website at:


Home Insurance made easy.

Agents not required.

Get quotes and sign up online without talking to an agent. But, we are here if you need us.

Unbiased, expert advice.

Get unbiased insurance education from licensed experts and also avoid dodgy sales calls.

Coverage in minutes.

You can get home insurance coverage within minutes of getting your quotes and applying.

How To Find The Cheapest Home Insurance In Virginia?

Applying for homeowners insurance in Virginia is easy and can take just a few minutes. The best way to get quotes and apply for coverage is online because most companies have a free online process that will deliver a quote within seconds or minutes.  However, you can still reach out to a licensed insurance agent if you need assistance.

Here's how:

  1. 1
    Get Your Personal Information Together. You will need your name, address, and Social Security number. The online forms guide you through several questions to learn more about the rental you will be living in and what coverage you need. 
  2. 2
    View Your Instant Quote. Once you have your info, you want to click here or any of the above buttons to start the quote process. Once you have your quotes and pick the coverage option that works best for you, it's time to get covered.
  3. 3
    Start Your Online ApplicationOnce you have all of your personal information together, your next step will be to start the application. Again, this will be easy by just following the prompts after you complete your quote. 
  4. 4
    Pay For Your Policy & Print Your Proof Of Insurance. Once your policy has been approved and paid for, simply print out your proof of insurance, and you're covered.

Taking Action

With Simply Insurance, you can find the best homeowners insurance company in Virginia and purchase coverage through our site. 

All you have to do is click here to get some instant quotes and get covered today.

Whether you’re looking for cheap rates or something more specialized like wind damage protection, we have an option that will work perfectly for you! 

Frequently Asked Questions

How much is home insurance a month in Virginia?

The average cost across Virginia for homeowner's insurance was $83 per month. However, your final costs will depend on various factors including the type of home you live in, the coverage amount you choose, and what deductible you pick. 

Who has the best homeowners insurance in Virginia?

Hippo has the best homeowners insurance in the state of Virginia because they provide homeowners insurance at some of the lowest rates, and they also offer homeowners' an easy way to get a quick quote and apply online fast. On average customers have seen up to a 25% savings when purchasing through Hippo.

Who has the cheapest homeowners insurance in Virginia?

This is going to depend on your needs, the company that will have the cheapest insurance in Virginia for you will depend on a number of factors that relate to your home, including the value of your home, the area you live in, what type of home you live in and what type of coverage you select. Your deductibles and coverage limits will make up a portion of the cost.

How much is homeowners insurance on a $200000 house in VA?

The average cost of homeowners insurance on a $200,000 home in Virginia is about $66.00 per month, but you will need to compare homeowners' insurance quotes as prices will vary depending on the city or even county that you live in.

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