How much is homeowners insurance in VA Beach, Virginia?

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.

In Virginia Beach, homeowners pay an average annual rate of $3,249 for a coverage level that includes $300,000 for dwelling, $100,000 for liability protection, and a $1,000 deductible, according to our data. This is $745 more than the national average of $2,504 .

Homeowners insurance premiums can vary significantly from one property to another. In Virginia Beach, the cost of home insurance is influenced by several factors, including:

Size of your home
Age of your home
Amount of coverage required
Location
Your credit score

To ensure you secure the best homeowners insurance policy, compare quotes from multiple insurers. This will enable you to find the coverage that aligns with your specific requirements.

Read this guide to learn how much homeowners insurance costs monthly in Virginia Beach, what home insurance costs for different dwelling coverage, and which companies offer cheap home insurance in Virginia Beach.

Key Takeaways

Homeowners insurance costs $3,249 per year in Virginia Beach.
At $1,469 per year, Progressive offers the cheapest homeowners insurance in Virginia Beach.
Your home insurance rates increase by $730 more annually if you increase your dwelling coverage from $200,000 to $300,000.

How much is homeowners insurance in Virginia Beach per month

Residents of Virginia Beach pay an average of $271 per month for homeowners insurance. This is $93 more than the state average of $178 and $62 more than the national average for home insurance across the United States. The cost of your homeowners insurance policy in Virginia Beach can vary depending on your location, property value, and selected coverage options.

How much is homeowners insurance for a $200,000 house in Virginia Beach

In Virginia Beach, homeowners pay an average of $2,519 annually for a $200,000 home. The annual cost of home insurance is influenced by factors such as the risk of natural disasters in your area.

Regions more susceptible to natural disasters, such as floods, hurricanes, or tornadoes, typically face higher rebuilding costs, leading to increased insurance premiums. Keep in mind that standard insurance policies might not cover damages caused by floods or hurricanes. If you live in a flood-prone area, you should purchase flood insurance.

How much is homeowners insurance for a $300,000 house in Virginia Beach

According to a rate analysis by Insure.com, homeowners in Virginia Beach pay an average of $3,249 per year for a $300,000 house. These rates are for the coverage limits of $100,000 for liability protection and $1000 deductible.

If you increase your dwelling coverage from $200,000 to $300,000, you’ll have to pay $730 more a year for home insurance. It would be best to buy enough insurance to cover the full cost of rebuilding your home.

However, the amount of dwelling coverage you need may vary depending on the size of your home, its features, and the cost of living in your area.

How much is homeowners insurance in Virginia Beach by company

Among the carriers we analyzed, Progressive is the most affordable homeowners insurance company in Virginia Beach, offering an average annual rate of $1,469 , while State Farm ranks second.

Researching a company thoroughly before selecting a homeowners insurance policy is essential – and we can help with that. We took a close look at all the insurance companies serving Virginia Beach and put together a list of the most affordable ones.

Here’s a look at the top home insurance companies in Virginia Beach and what you can expect to pay with each one on average.

Home insurance company	Annual rate
Progressive	$1,469
State Farm	$1,761
American Family	$1,849
Virginia Farm Bureau	$1,924
Allstate	$2,198
Erie Insurance	$2,555
Nationwide	$3,232
Farmers	$5,306
Travelers	$8,108

Many insurance companies offer discounts to customers who bundle their policies. By combining your home insurance policy with other policies, such as auto insurance, you can lower your premiums and simplify your insurance management with one provider.

Natural disasters in Virginia that can impact your home insurance

Living in Virginia means facing the risk of natural disasters that can seriously damage your home and belongings. These events can lead to expensive repairs and major insurance claims. That’s why it’s so important to understand which disasters are most likely in your area before choosing a home insurance policy.

Being aware of your local risks helps you choose the right level of protection, from setting appropriate coverage limits to deciding on deductibles or adding extra coverage. Taking the time to tailor your policy to those risks can help you avoid being underinsured and give you peace of mind if you’re impacted by a natural disaster.

Virginia is commonly affected by Coastal flooding, Landslide and Winter weather.

How home insurance protects you against natural disasters

If your home is hit by a covered event, your insurance can help pay for repairs, replace your belongings, and even cover temporary housing if you can’t live in your home. Having the right coverage in place can make it a lot easier to get back on your feet after a disaster.

That said, not everything is automatically included. While most standard policies cover things like wind, hail, and lightning, you’ll usually need extra coverage for disasters like floods, earthquakes, or wildfires. It’s worth taking the time to understand exactly what your policy includes so there are no surprises when you need it most.

TIP

There’s little time to prepare for a natural disaster, and it’s too late to make changes once a storm is on the radar. Make sure your homeowners insurance includes coverage for the types of disasters common in your area. Standard policies don’t always cover everything, like flood damage, so double-check exclusions and consider add-ons if you need them.

Methodology

Insure.com, with the help of Quadrant Information Services, gathered data for homeowners insurance rates in Virginia Beach for $300,000 dwelling coverage and $100,000 liability coverage with a $1000 deductible. The data presented are those with a good credit tier alignment.

How much is home insurance in other cities?

See rates in your city

Ashburn

Reston

St. Paul

Shivani Gite

Contributing Writer

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.