Charlottesville Insurance Rates:

Charlottesville, VA home insurance is roughly $641 to $872, about $53-$72/month. Our thorough analysis indicates shoppers can save upto $302 by getting many quotes

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Charlottesville Home Owner Insurance Quotes | Write a Review | Rates & Quotes Analysis
State Farm
Home Insurance Rate of $1520/6 months for $600000-$700000 Coverage
Policy Holder Home Details :

Home Value : $660,000

5 Beds, 5 Baths 4500 sqft Vacation Property Constructed In 1989 with Linoleum, Metal Roof, Slab Foundation, Vinyl siding, Metal Frame Construction. Home Features Include Fire Extinguisher, Copper Water Pipes, Central Air Conditioning, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

54 Years old Married Female who is a Freelancer with household income of $25-50,000 and has 1 Pet and is a Smoker

Additional Details :
  • 75-100% Mortgage Paid off

  • 800-850 Credit Score

  • Guests at home

Home Insurance Rate of $700/7 months for $250000-$300000 Coverage
Policy Holder Home Details :

Home Value : $235,000

3 Beds, 3 Bath 1880 sqft Primary Residence Constructed In 1943 with Hardwood Flooring, Tile Roof, Chainwall Foundation, Brick siding, Brick Frame. Home Features Include Smoke Alarm, Fire Extinguisher, Circuit Breaker Electricals and Security by Monitoring Company

About Policy Holder:

24 Years old Single Male who is Unemployed with household income of less than $25,000 and has 1 Pet and is a Non-Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • 500-549 Credit Score

  • Seniors staying at home

Home Insurance Rate of $90/1 month for $250000-$300000 Coverage
Policy Holder Home Details :

Home Value : $300,000

5 Beds, 5 Baths 2230 sqft Rental Property Constructed In 1972 with Linoleum, Tile Roof, Crawl Space Foundation, Wood siding, Metal Frame Construction. Home Features Include Smoke Alarm, Copper Water Pipes, Central Air Conditioning, Indoor Sprinklers, FuseBox Electricals and Security by Monitoring Company

About Policy Holder:

31 Years old Married Female who has a Full Time Job with household income of $75-$100,000 and has More than 3 Pets at home and is a Smoker

Additional Details :
  • 0-25% through paying our mortgage

  • 650-699 Credit Score

Home Insurance Rate of $1010/9 months for $250000-$300000 Coverage
Policy Holder Home Details :

Home Value : $275,000

4 Beds, 4 Baths 2080 sqft Vacation Property Constructed In 1975 with Wood Flooring, Slate Shingles Roof, Crawl Space Foundation, Stucco siding, Brick Frame. Home Features Include Smoke Alarm, Central Air Conditioning, Copper Water Pipes, Fireplace, FuseBox Electricals and Security by Monitoring Company

About Policy Holder:

60 Years old Divorced Female who has a Part Time Job with household income of $25-50,000 and has More than 3 Pets at home and is a Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • 700-749 Credit Score

Home Insurance Rate of $420/3 months for $300000-$350000 Coverage
Policy Holder Home Details :

Home Value : $330,000

4 Beds, 4 Baths 2470 sqft Primary Residence Constructed In 1968 with Carpet Flooring, Tile Roof, Crawl Space Foundation, Stucco siding, Metal Frame Construction. Home Features Include Deadbolt Locks, Copper Water Pipes, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

64 Years old Divorced Female who is Unemployed with household income of less than $25,000 and has 1 Pet and is a Non-Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • Up to 499 Credit Score

  • Seniors staying at home

Home Insurance Rate of $1040/7 months for $400000-$500000 Coverage
Policy Holder Home Details :

Home Value : $405,000

3 Beds, 3 Baths 2250 sqft Rental Property Constructed In 1970 with Wood Flooring, Membrane Roof, Slab Foundation, Stone Siding, Wood Frame. Home Features Include Smoke Alarm, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

58 Years old Single Female who is a Freelancer with household income of more than $150,000 and has 2 Pets and is a Smoker

Additional Details :
  • 0-25% through paying our mortgage

  • Up to 499 Credit Score

  • Seniors staying at home

Home Insurance Rate of $60/1 month for $125000-$150000 Coverage
Policy Holder Home Details :

Home Value : $150,000

2 Beds, 2 Bath 1120 sqft Vacation Property Constructed In 1966 with Carpet Flooring, Metal Roof, Crawl Space Foundation, Brick siding, Wood Frame. Home Features Include Fire Extinguisher, Fireplace, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

29 Years old Divorced Female who has a Part Time Job with household income of less than $25,000 and has More than 3 Pets at home and is a Non-Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • Up to 499 Credit Score

Home Insurance Rate of $520/4 months for $250,000-$300,000 Coverage
Policy Holder Home Details :

Home Value : $335,000

3 Beds, 3 Baths 2116 sqft Primary Residence Constructed In 1953 with Wood Flooring, Composition Roof, Slab Foundation, Fiber-Cement Siding, Metal Frame Construction. Home Features Include Smoke Alarm, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

74 Years old Divorced Female who has a Part Time Job with household income of less than $25,000 and has 2 Pets and is a Smoker

Additional Details :
  • 0-25% through paying our mortgage

  • 650-699 Credit Score

  • Guests at home

Charlottesville, VA Home Insurance by Zip Code

Zip Code Median Home Value Median Homeowners Insurance
22901 $324,700 $770
22911 $323,100 $780
22902 $276,700 $770

Charlottesville Rates & Quotes Analysis:

Charlottesville Area Estimated House Insurance
Sunset Ave, Franklin St, 10 1/2 St NW, Bainbridge St, Little High St, Dice St, Nalle St, 11th St SW, Hardy Dr, Rosser Ave$769
Shasta Ct, Florence Rd, Old Farm Rd, Saint Clair Ave, Brandywine Dr, Grove Rd, Lambeth Ln, Rockcreek Rd, 7th St SW, Rugby Rd$872
Chesapeake St, Meade Ave, 15th St NW, Old Lynchburg Rd, Trailridge Rd, Gildersleeve Wood, Booker St, Avon St, Dublin Rd, 3rd St SE$756
Cameron Ln, Raymond Ave, St Charles Ave, Palatine Ave, Kensington Ave, Lafayette St, Hillwood Pl, Paoli St, 8th St NW, Galloway Dr$773
Palatine Ave, Wilson Ct, Jefferson St, Keith Valley Rd, Jefferson Park Ave, Hereford Dr, 6th St SE, Rugby Ave, 9th St NW, Preston Ave$711

Insurance rates are influenced by a number of factors including:

  • Year Built: 3,289 Homes (17% of total homes ) built between 1950 to 1959 in Charlottesville are paying home insurance between $1,421-$1,433. Places close to Charlottesville, VA such as Albemarle County, Jack Jouett, Ivy are more expensive by $29, $31, $168 respectively while Lake Monticello and Palmyra are cheaper by $24 and $31 respectively for similar homes.
  • Bedrooms: 6,025 2 bedrooms homes (32% of total homes ) in Charlottesville are paying about $371 and differs from Albemarle County (+$7), Jack Jouett (+$8), Ivy (+$44), Lake Monticello (-$6) and Cunningham (-$4).
  • Auto Insurance Bundling: 1,328 Households (18% of all households) in Charlottesville have 3 or more vehicles available and when it is bundled with home insurance you can save $189. Discounts for similar bundling in close by locations such as Pantops, Albemarle County, Jack Jouett come to $190, $192, $193 respectively.
  • Senior Discounts: 3,580 seniors (more than 55 years) occupied housing units (50% of total) in Charlottesville get discounts between $113 to $115 compared to University of Virginia ($113), Pantops ($114), Albemarle County ($115).
  • New Homes discounts: New homes such as the 7,276 homes built between 2000 to 2009 in Charlottesville can save $151 and differs from University of Virginia ($151), Pantops ($152), Albemarle County ($154).

Charlottesville Homeowners insurance Facts

  • Charlottesville, VA has 7,061 owner occupied houses which is 40.8% of all units whereas University of Virginia, Pantops and Albemarle County have 10.42%, 31.34% and 65.64% respectively.
  • Charlottesville, VA homeowners yearly insurance price at $756 is 0.26% of the typical house value of $286,400 which is in contrast with 0.26% in University of Virginia, 0.26% at Pantops & 0.23% in Albemarle County.
  • Homeowners in Charlottesville, VA pay 1.01% of their income ($75,000 or more) in insurance whereas homeowners in University of Virginia, Pantops and Albemarle County pay 1.01%, 1.01% and 1.03% respectively.
  • Charlottesville, VA’s insurance is 3.8% of monthly housing costs of $1,676/month, for owners with a mortgage compared to 3.44% in University of Virginia, 3.66% at Pantops & 3.64% in Albemarle County. But, for households without a mortgage, insurance is 12.6% of costs ($501 in Charlottesville, VA) in contrast with 9.29% in University of Virginia, 16.67% at Pantops & 13.44% in Albemarle County.

Charlottesville, VA Home Values & Insurance rates

For example, insurance for 227 Homes (4.0% of total homes ) valued between $125,000 to $149,999 in Charlottesville, VA is about $362. Rates in nearby areas in such as Pantops, Albemarle County, Jack Jouett are cheaper by $13, $46, $46 respectively while Scottsville and Lake Monticello are costlier by $6 and $54 respectively for similar homes.

Charlottesville, VA Home By Value Total Homes % of Total Average Homeowners Insurance
Less than $50,000 197 3.0% $60
$100,000 to $124,999 231 4.0% $287
$125,000 to $149,999 227 4.0% $362
$150,000 to $174,999 334 6.0% $423
$175,000 to $199,999 431 8.0% $491
$200,000 to $249,999 1,196 22.0% $589
$250,000 to $299,999 1,151 21.0% $725
$300,000 to $399,999 1,506 28.0% $922

Renters Insurance in Charlottesville

  • Average Renters Insurance in Charlottesville :  $113($9/month)

  • Median Gross Rent in Charlottesville :  $983

  • Charlottesville Renters Insurance to Median Rent Ratio:  0.92%

  • Average household size of renter-occupied unit :  2.35

Charlottesville Renters Insurance as a Percentage of Rent

Charlottesville Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
Less than $200 114 1.0% $328
$200 to $299 326 3.0% $778
$300 to $499 461 4.0% $1228
$500 to $749 1,657 16.0% $1903
$750 to $999 2,613 26.0% $2653
$1,000 to $1,499 3,160 31.0% $3778
$1,500 or more 1,585 15.0% $5428

Rent Affordability in Charlottesville:

Approximately 52.0% (5,371) of households are spending more than 35% of their income on gross rent in Charlottesville

Occupied units paying gross rent Total Households % of Total
Less than 15.0 percent 924 9.0%
15.0 to 19.9 percent 1,007 9.0%
20.0 to 24.9 percent 1,113 10.0%
25.0 to 29.9 percent 866 8.0%
30.0 to 34.9 percent 977 9.0%
35.0 percent or more 5,371 52.0%

Charlottesville Renters Insurance Discounts:

Charlottesville Renters Insurance Discounts by Number of Vehicles in Renter Occupied Housing Units

Number of Vehicles in Charlottesville, VA Number of Housing Units % of Total Renters Insurance Insurance Savings by Bundling Auto Insurance
1 vehicle available 4,625 45.0% $11.3
2 vehicles available 2,823 27.0% $16.95
3 or more vehicles available 1,238 12.0% $22.6

Protective device discount in Charlottesville Up to :  $16

Claims-free discount in Charlottesville Up to :  $22