Virginia Home Insurance Costs (2026)

How much is homeowners insurance in Virginia?

Homeowners insurance in Virginia averages $317 a month for the house we priced, with rates as of Sept. 30, 2026. The 5 major insurers we compared are State Farm, Allstate, Nationwide, Erie and Travelers, and each one priced our sample home in all 354 Virginia ZIP codes in our data, which span 106 counties and independent cities. For this house, Virginia is the 12th most expensive of the 50 states and D.C.

Our figures are for a $300,000 dwelling; insuring a larger or costlier house for more usually costs more.

For the same insurers and ZIP codes, the Virginia average rose 12.4% since Nov. 2025, from $3,382 a year ($282 a month) on Nov. 30, 2025, to $3,801 ($317) on Sept. 30, 2026, as Nationwide’s rose 21.0%, Travelers’ rose 19.4% and Erie’s rose 1.5%.

Homeowners insurance averages by insurer in Virginia for our sample home (rates as of Sept. 30, 2026)

State Farm averaged $126 a month ($1,507 a year), Allstate $194 ($2,328), Nationwide $202 ($2,424), Erie $224 ($2,691) and Travelers $838 ($10,056) for our sample home.

By ZIP code: each insurer’s yearly price for the same house ranged across Virginia: State Farm $1,220 to $2,395, Allstate $1,990 to $3,160, Nationwide $2,024 to $4,444, Erie $1,686 to $4,535 and Travelers $6,751 to $27,610.

Why one insurer stands out: Travelers’ average for our sample home, $838 a month, is about 4.5 times the other 4 insurers’ average. It stays in our figures. Without it, the Virginia average would be $187 a month ($2,238 a year), 27.8% below the average of the 50 states and D.C.

Same sample home with all 5 insurers and without Travelers (rates as of Sept. 30, 2026)

The 50-states-and-D.C. figure includes every insurer we priced in each state.

Who has the cheapest homeowners insurance in Virginia?

Prices for the same home vary so much by insurer and ZIP code that the lowest one for our sample home may not be lowest for you, so compare a few quotes. The home table above lists every insurer’s average for the same home.

What changes your price: where the house sits, its value, age and roof, your deductibles, claims and credit, and whether you add a car. In Virginia, ZIP code averages for this house ran from $233 a month in Alexandria to $693 in Cape Charles, while insurers’ statewide averages ran from $126 to $838.

Same house, different state: how does Virginia compare?

Virginia costs more for the identical house than all 6 of its neighbors: its $317 a month is 7.6% above Kentucky’s $294.

Same sample home: average home insurance prices in Virginia, neighboring states and the 50 states and D.C. (rates as of Sept. 30, 2026)

Same sample house in every state; each figure averages every insurer we priced there, so one high-priced insurer can lift a state’s average.

Of the other 49 states and D.C., 39 have a lower average for this house than Virginia and 11 a higher one.

Compare all states: home insurance costs for the same house in all 50 states and D.C.

Is $400 a month a lot for home insurance in Virginia?

It’s more than our sample home averages in Virginia, $317 a month, which makes Virginia the 12th most expensive of the 50 states and D.C. for this house. 4 of the 5 insurers we compared averaged under $400 for the same house: State Farm ($126), Allstate ($194), Nationwide ($202) and Erie ($224). If a quote for your home is near $400, compare its dwelling limit and deductibles with ours ($300,000 and $1,000) before you decide.

What is the 80% rule in homeowners insurance?

The Virginia Bureau of Insurance advises insuring your home for at least 80% of what it would cost to rebuild it. Many policies reduce what they pay on a partial loss if you insure for less. For our $300,000 sample house, that’s at least $240,000, so check your limit against a current rebuilding cost, not the home’s market value.

How do hurricane and wind deductibles work in Virginia?

Your deductible is the amount you pay out of pocket on each claim before your insurer pays. The house we priced has a $1,000 deductible for covered losses other than a hurricane, including wind and hail. Our sample request also includes a 2% hurricane deductible, a setting we use in every state; real policies near the coast may carry a larger hurricane deductible, so ask for yours.

Some Virginia policies use a flat or percentage wind or hurricane deductible; in the Bureau of Insurance’s example, a 5% deductible on a $200,000 dwelling means you pay the first $10,000 of a storm loss.

Your wind and hail deductible in dollars (illustration only)

The table shows deductibles, not premiums. At 2%, the deductible on our sample home’s $300,000 dwelling is $6,000, more than the $3,801 a year that house averages in Virginia.

A higher deductible usually lowers your premium, so weigh the lower price against the bigger bill you’d face after a storm.

What if an insurer won’t renew your Virginia home?

A Virginia insurer can nonrenew at the end of the policy term with 30 days’ written notice, and the notice must tell you that you may be eligible for coverage from the Virginia Property Insurance Association. Read the notice and your policy’s own cancellation and nonrenewal terms, then start shopping right away. If a notice doesn’t make sense to you, or you need help with a claim, call the Virginia Bureau of Insurance at 877-310-6560.

If private insurers won’t write your home, the Virginia Property Insurance Association is the last-resort market, and you can’t be refused coverage later for having bought through it.

In our data, every insurer we compared priced our sample home in all 354 Virginia ZIP codes.

How much is condo insurance in Virginia?

Condo insurance for our sample condo averages $36 a month ($429 a year) in Virginia. The 2 insurers we compared priced our sample condo at $33 and $39 a month, a $6-a-month gap for the same coverage. Only 2 major insurers priced our sample condo in Virginia in our data, so this average reflects just those two; local and regional insurers we didn’t price may charge more or less, so compare several quotes.

Condo insurance averages by insurer in Virginia for our sample condo (rates as of Sept. 30, 2026)

State Farm averaged $33 a month ($394 a year) and Erie $39 ($464) for our sample condo.

With only 2 insurers in our data for Virginia condo insurance, we don’t name a lowest one. For our sample condo, the monthly averages were State Farm $33 and Erie $39; compare a few quotes, including from local and regional insurers.

Virginia’s condo average is the 25th least expensive of the 50 states and D.C., 10.8% below their average of $40 a month ($481 a year). Our sample condo’s policy costs about 11% of what our sample home costs to insure in Virginia.

For the same insurers and ZIP codes, the Virginia condo average rose 3.1% since Nov. 2025, from $35 to $36 a month, as Erie’s rose 6.7% and State Farm’s fell 0.8%.

By ZIP code, the Virginia condo average for our sample condo ran from $27 a month in Salem (24153) to $55 in Norfolk (23523).

Our sample condo is a 2,000-square-foot unit in a building built in 2005, with $60,000 of coverage for the unit, $60,000 for belongings, $300,000 liability and a $1,000 deductible. The owner is 40, single, has good credit and no claims in 10 years.

• $60K unit coverage
• $60K belongings
• $1,000 deductible
• Built 2005

Which part of a Virginia condo is yours to insure?

The association’s master policy covers the building, and your condo policy covers what the declaration and master policy leave to you. In our sample policy, $60,000 covers the inside of the unit and $60,000 your belongings, and that package averages $36 a month in Virginia.

What to check with your HOA before you buy condo insurance

• The master policy: ask the association or manager for its certificate of insurance and declarations page.
• Bare walls or more: find out whether it stops at the bare walls or also covers fixtures and finishes; that sets your unit coverage.
• The master deductible: ask how large it is and whether the association can pass part of it to owners after a storm.
• Loss assessment: ask your insurer how much loss assessment coverage your policy includes (it can pay your share if the association bills owners for a covered loss to shared parts of the building).

Official resources for Virginia homeowners

• Virginia Bureau of Insurance Consumer help, complaints and licensed insurers. Consumer line: 877-310-6560.
• National Hurricane Center The National Hurricane Center storm report (September 18-19, 2003).
• National Association of Insurance Commissioners: homeowners guide Coverage basics and the 80% rule.
• FEMA Flood Map Service Center The official source for FEMA flood maps.
• FloodSmart FEMA’s site for the National Flood Insurance Program.