Average homeowners insurance cost in Virginia

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The average cost of home insurance in Virginia is $2,060 per year for a standard policy.

Your premium is shaped by the dwelling coverage limit you select and the level of protection you need. Broader coverage generally means a higher cost. Higher coverage means higher premiums. American Family stands out for its more affordable rates in the state, offering solid value as you weigh different levels of coverage.

Both avoid asserting anything about financial ratings, claims service, or stability – they stay anchored to price, which is the one thing you know for sure.

Compare quotes from multiple insurers and ask each one what discounts they offer. Premiums can differ significantly from company to company because they weigh things like where your home is located, how old it is, what it’s built from, the shape your roof is in, and your past claims. Pulling several quotes tied to your specific address is the surest way to spot the best value.

Key Takeaways

Based on our data, homeowners insurance in Virginia costs an average of $2,060 per year.
Among all ZIP codes in Virginia, 22201 has the most affordable rates, averaging around $1,560 annually.
For the lowest insurer rates in Virginia, American Family comes in at an average annual premium of $1,046.

What is the average cost of homeowners insurance in Virginia?

The average homeowners insurance premium in Virginia is $2,060 per year. That figure is based on a policy with $300,000 in dwelling coverage, $100,000 in liability protection, and a $1,000 deductible.

How much is home insurance in Virginia? Cost by coverage level

Homeowners insurance in Virginia costs $2,060 per year on average, based on a policy with $300,000 in dwelling coverage, $100,000 in liability, and a $1,000 deductible.

However, if you increase the dwelling coverage limit from $300,000 to $400,000, you will pay $2,492 per year for homeowners insurance in Virginia for $100,000 in liability protection and a $1,000 deductible.

The table below shows average homeowners insurance costs in Virginia for dwelling coverage from $200,000 to $1 million.

Coverage	Average annual rate	Average monthly rate
$200,000 with $1,000 Deductible and $200,000 Liability and 2% Hurricane	$1,658	$138
$200,000 with $1,000 Deductible and $300,000 Liability and 2% Hurricane	$1,671	$139
$300,000 with $1,000 Deductible and $200,000 Liability and 2% Hurricane	$2,060	$172
$300,000 with $1,000 Deductible and $300,000 Liability and 2% Hurricane	$2,074	$173
$400,000 with $1,000 Deductible and $200,000 Liability and 2% Hurricane	$2,492	$208
$400,000 with $1,000 Deductible and $300,000 Liability and 2% Hurricane	$2,508	$209
$600,000 with $1,000 Deductible and $200,000 Liability and 2% Hurricane	$3,461	$288
$600,000 with $1,000 Deductible and $300,000 Liability and 2% Hurricane	$3,481	$290
$1,000,000 with $2,500 Deductible and $200,000 Liability and 2% Hurricane	$5,401	$450
$1,000,000 with $2,500 Deductible and $300,000 Liability and 2% Hurricane	$5,432	$453

Average home insurance cost in Virginia by insurer

American Family offers the most affordable homeowners insurance in Virginia, at an average annual premium of $1,046, followed by Virginia Farm Bureau and Travelers.

You can save hundreds – if not thousands – of dollars each year by shopping around.

Below are the average annual and monthly insurance rates for Virginia homeowners for a policy with $300,000 dwelling coverage and $100,000 liability protection with a $1,000 deductible.

Company	Average annual rate	Average monthly rate
American Family	$1,046	$87
Virginia Farm Bureau	$1,366	$114
Travelers	$2,036	$170
Allstate	$2,071	$173
State Farm	$2,150	$179
Nationwide	$2,372	$198
Farmers	$2,420	$202
Progressive	$2,450	$204
Erie Insurance	$2,552	$213

How to lower your home insurance rate

Shop around. The first quote you receive is rarely the best one. Getting estimates from at least three or four insurers gives you a clearer picture of what’s available in Virginia.
Bundle your policies. Combining home and auto insurance, or renters and auto, with the same provider is one of the most common ways to unlock multi-policy discounts.
Ask about smart home discounts. Security systems, smoke detectors, and leak sensors are the kinds of upgrades that can bring your premium down.
Check for other savings. Loyalty discounts, claims-free rewards, and home improvements like fire-resistant roofing are worth asking about at renewal.

How does your ZIP code affect home insurance rates in Virginia?

Your ZIP code shapes your home insurance rate by showing insurers the risk tied to your location. Higher crime, greater exposure to natural disasters, and steeper rebuilding costs all push an area into higher-risk territory-and premiums rise accordingly.

Below, see the most and least expensive ZIP codes for home insurance in Virginia.

Most affordable ZIP codes for home insurance rates in Virginia

The most affordable rates are in 22201, where homeowners pay $1,560 per year on average.

Not every area in Virginia has the same home insurance cost. How much you pay for homeowners insurance in Virginia depends on many factors, including your ZIP code.

Below you can find homeowners insurance rates for some of the most affordable ZIP codes in Virginia.

ZIP code	Average annual rate	Average monthly rate
22201	$1,560	$130
22207	$1,563	$130
22205	$1,566	$130
22035	$1,567	$131
22203	$1,568	$131
22305	$1,569	$131
22202	$1,575	$131
22815	$1,576	$131
22304	$1,578	$131
22811	$1,579	$132

Most expensive ZIP codes for home insurance rates in Virginia

23459 has the highest rates in Virginia at an average of $4,566 per year.

Home insurance costs more in certain ZIP codes due to higher crime rates, natural disaster risk, and living costs.

Below, we’ve highlighted some of the most expensive ZIP codes in Virginia for home insurance:

ZIP code	Average annual rate	Average monthly rate
23459	$4,566	$381
23461	$4,257	$355
23451	$4,186	$349
23457	$3,932	$328
23310	$3,675	$306
23440	$3,606	$300
23405	$3,595	$300
23336	$3,472	$289
23503	$3,451	$288
23307	$3,446	$287

Home 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 city

See rates in your city

How have home insurance rates changed in Virginia?

Home insurance rates in Virginia increase by 38% from 2023 to 2025. This reflects broader trends in the state’s insurance market over the past few years.

The below data shows how much homeowners insurance rates have changed since 2022.

2022 rates	2023 rates	2025 rates
$1,481	$1,498	$2,060

What are the best homeowners insurance companies in Virginia?

Our data points to Travelers as the best overall pick in Virginia, thanks to its AM Best rating of A++ and one of the lowest NAIC complaint scores in the state.

We ranked insurers using two measures that matter most when you’re counting on coverage:

AM Best Ratings reflect financial strength-essentially, how confidently a company can cover claims.
NAIC Complaint Scores track complaints in proportion to a company’s size, so a lower number means fewer headaches for policyholders.

Combined, they offer a clear read on whether an insurer is both financially sound and easy to deal with. In the table below, you’ll find the top companies in Virginia compared by annual premium, financial rating, and complaint history.

Company	Average annual premium	Am Best Rating	NAIC Complaint Index	Overall score
Travelers	$2,036	A++	0.91	4.79
American Family	$1,046	A	1.07	4.71
Virginia Farm Bureau	$1,366	A	0.18	4.71
Allstate	$2,071	A+	1.26	4.67
State Farm	$2,150	A+	1.15	4.67
Progressive	$2,450	A+	1.5	4.61
Erie Insurance	$2,552	A	0.46	4.55
Farmers	$2,420	A	0.89	4.54
Nationwide	$2,372	A	1.34	4.53

How to understand insurer ratings and complaint data

Picking an insurer really comes down to whether they pay when you file a claim, and whether they treat you well along the way. You don’t have to guess – independent rating agencies track this data so you can choose with confidence, whether you’re signing up or renewing.

These are the two ratings we’ve used:

AM Best is a global agency that scores insurers on their financial strength and ability to pay claims. The higher the rating, the more stable the company.
NAIC Complaint Index, run by the National Association of Insurance Commissioners, tracks consumer complaints. A score of 1.00 is the industry average; below 1.00 means fewer complaints than expected for the company’s size, and above 1.00 means more.

What factors affect your home insurance rate?

Insurers price home insurance based on the level of risk your property and profile represent. They decide that based on:

Where you live. Local crime rates, weather exposure, and claims frequency in your neighborhood all influence your rate.
Your claims history. A history of past claims typically results in a higher premium.
Your credit-based insurance score. In most states, a lower credit score can mean a higher premium (Restricted in some states, like California and Massachusetts).
Your coverage limits and deductible. Higher coverage or a lower deductible will increase what you pay.

It’s also worth noting that home insurance costs have been rising broadly. According to S&P Global Market Intelligence’s RateWatch application, premiums for owner-occupied homes climbed more than 11% nationwide in 2023.

Resources and Methodology

Sources:

S&P Global. “US homeowners insurance rates jump by double digits in 2023.” Accessed August 2026.

Methodology

Insure.com worked with Quadrant Information Services to compile homeowners insurance data, analyzing 37,973,840 quotes from 75 company groups (134 companies) across 34,595 ZIP codes in all 51 states.

Rates are based on a sample homeowner profile with good credit and the following coverage:

$300,000 dwelling coverage
$100,000 liability protection
$1,000 deductible

The national average annual premium (non-hurricane deductible) is $2,543.

Company rankings factor in:

AM Best rating: 30%
NAIC score: 35%
Annual premium: 35%

All quoted rates are for comparison purposes and individual premiums may vary.

Alisha Ambre

Alisha Ambre holds a Bachelor of Arts with honours in English Literature and Media Studies. She focuses on crafting clear, engaging content that makes complex information feel practical and approachable for everyday readers. When she’s not writing, she’s likely on the volleyball court or immersed in a good video game.