Portsmouth Insurance Rates:

Portsmouth, VA home insurance is roughly $615 to $833, about $51-$69/month. Our exhaustive research shows customers can save upto $289 by getting many quotes

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Portsmouth Home Owner Insurance Quotes | Write a Review | Rates & Quotes Analysis
State Farm
Home Insurance Rate of $210/3 months for $200000-$250000 Coverage
Policy Holder Home Details :

Home Value : $290,000

4 Beds, 4 Bath 2970 sqft Seasonal Residence Constructed In 1942 with Stone Flooring, Tile Roof, Chainwall Foundation, Fiber-Cement Siding, Stucco Construction. Home Features Include Deadbolt Locks, Indoor Sprinklers, Smoke Alarm, Swimming Pool, Circuit Breaker Electricals and Security by Monitoring Company

About Policy Holder:

55 Years old Married Male who is a Freelancer with household income of $50-$75,000 and has 2 Pets and is a Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • Up to 499 Credit Score

  • Seniors staying at home

  • Guests at home

Home Insurance Rate of $760/9 months for $300000-$350000 Coverage
Policy Holder Home Details :

Home Value : $325,000

5 Beds, 5 Baths 3440 sqft Rental Property Constructed In 1986 with Carpet Flooring, Shingles Roof, Piers Foundation, Vinyl siding, Stucco Construction. Home Features Include Central Air Conditioning, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

57 Years old Single Male who has a Full Time Job with household income of more than $150,000 and has 1 Pet and is a Non-Smoker

Additional Details :
  • 50-75% Mortgage Paid off

  • 600-649 Credit Score

  • Guests at home

Home Insurance Rate of $550/6 months for $400000-$500000 Coverage
Policy Holder Home Details :

Home Value : $385,000

4 Beds, 4 Baths 3150 sqft Vacation Property Constructed In 1974 with Stone Flooring, Slate Shingles Roof, Slab Foundation, Stone Siding, Stucco Construction. Home Features Include Smoke Alarm, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

46 Years old Single 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 :
  • 25-50% Mortgage Paid off

  • 650-699 Credit Score

  • Seniors staying at home

  • Guests at home

Home Insurance Rate of $130/2 months for $150000-$175000 Coverage
Policy Holder Home Details :

Home Value : $175,000

4 Beds, 4 Bath 1630 sqft Primary Residence Constructed In 1968 with Carpet Flooring, Wood Shake Roof, Piers Foundation, Fiber-Cement Siding, Metal Frame Construction. Home Features Include Swimming Pool, Central Air Conditioning, Smoke Alarm, Fireplace, Circuit Breaker Electricals and Security by Monitoring Company

About Policy Holder:

70 Years old Divorced Male who is Retired and has 1 Pet and is a Non-Smoker

Additional Details :
  • 75-100% Mortgage Paid off

  • 700-749 Credit Score

Home Insurance Rate of $1080/10 months for $200000-$250000 Coverage
Policy Holder Home Details :

Home Value : $195,000

4 Beds, 4 Baths 1630 sqft Seasonal Residence Constructed In 1973 with Ceramic Tile Flooring, Composition Roof, Crawl Space Foundation, Stucco siding, Wood Frame. Home Features Include Fireplace, Indoor Sprinklers, FuseBox Electricals and Security by Monitoring Company

About Policy Holder:

32 Years old Single Male who has a Part Time Job with household income of less than $25,000 and has 3 Pets and is a Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • 750-799 Credit Score

  • Seniors staying at home

Home Insurance Rate of $1270/12 months for $300000-$350000 Coverage
Policy Holder Home Details :

Home Value : $330,000

5 Beds, 5 Baths 2930 sqft Vacation Property Constructed In 1999 with Wood Flooring, Composition Roof, Piers Foundation, Stucco siding, Wood Frame. Home Features Include Copper Water Pipes, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

73 Years old Married Female who has a Full Time Job with household income of $100-$150,000 and has No Pets and is a Non-Smoker

Additional Details :
  • 50-75% Mortgage Paid off

  • 750-799 Credit Score

  • Guests at home

Home Insurance Rate of $1090/9 months for $250000-$300000 Coverage
Policy Holder Home Details :

Home Value : $255,000

4 Beds, 4 Bath 2280 sqft Rental Property Constructed In 1958 with Carpet Flooring, Membrane Roof, Chainwall Foundation, Vinyl siding, Wood Frame. Home Features Include Central Air Conditioning, Copper Water Pipes, Swimming Pool, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

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

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

  • 800-850 Credit Score

  • Seniors staying at home

  • Guests at home

Home Insurance Rate of $340/5 months for $150000-$175000 Coverage
Policy Holder Home Details :

Home Value : $155,000

3 Beds, 3 Baths 1360 sqft Primary Residence Constructed In 1948 with Carpet over wood flooring, Tile Roof, Crawl Space Foundation, Stucco siding, Wood Frame. Home Features Include Swimming Pool, Central Air Conditioning, Indoor Sprinklers, Fireplace, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

33 Years old Divorced Female who is a Freelancer with household income of more than $150,000 and has 1 Pet and is a Non-Smoker

Additional Details :
  • 75-100% Mortgage Paid off

  • Up to 499 Credit Score

  • Seniors staying at home

Home Insurance Rate of $1510/9 months for $400000-$500000 Coverage
Policy Holder Home Details :

Home Value : $430,000

5 Beds, 5 Baths 4560 sqft Primary Residence Constructed In 1946 with Linoleum, Asphalt Shingles Roof, Slab Foundation, Fiber-Cement Siding, Wood Frame. Home Features Include Deadbolt Locks, Fire Extinguisher, Copper Water Pipes, Fireplace, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

43 Years old Married Male who has a Full Time Job with household income of $25-50,000 and has 1 Pet and is a Smoker

Additional Details :
  • 50-75% Mortgage Paid off

  • 550-599 Credit Score

Home Insurance Rate of $630/5 months for $300000-$350000 Coverage
Policy Holder Home Details :

Home Value : $285,000

4 Beds, 4 Bath 2280 sqft Seasonal Residence Constructed In 1956 with Wood Flooring, Metal Roof, Chainwall Foundation, Vinyl siding, Wood Frame. Home Features Include Central Air Conditioning, Copper Water Pipes, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

39 Years old Married Female who has a Full 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 :
  • 75-100% Mortgage Paid off

  • Up to 499 Credit Score

  • Seniors staying at home

  • Guests at home

Home Insurance Rate of $230/4 months for $125,000-$150,000 Coverage
Policy Holder Home Details :

Home Value : $135,000

3 Beds, 3 Baths 1561 sqft Primary Residence Constructed In 1955 with Carpet Flooring, Wood Shake Roof, Chainwall Foundation, Wood siding, Metal Frame Construction. Home Features Include Central Air Conditioning, Fire Extinguisher, Fireplace, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

36 Years old Single Female who has a Full Time Job with household income of more than $150,000 and has More than 3 Pets and is a Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • 500-549 Credit Score

  • Seniors staying at home

  • Guests at home

Portsmouth, VA Home Insurance by Zip Code

Zip Code Median Home Value Median Homeowners Insurance
23703 $228,700 $750
23707 $180,200 $730
23701 $170,600 $720
23704 $165,600 $720
23702 $152,100 $720

Portsmouth Rates & Quotes Analysis:

Portsmouth Area Estimated House Insurance
Woodstock St, Forestdale Dr, Gust Ln, Bickford Pkwy, Margaret Ave, Barclay Ave, Pepperwood Pl, 5th St, Loren Cres, Yorkshire Rd$705
Parish Ln, Catawba Trl, Bingham Dr, Ferguson Dr, Bedford Ct, Sunset Pt, Carney St, Cherokee Rd, Water Lilly Rd, Clubhouse Rd$743
Kay Rd, East Rd, Granada Rd, Nansemond Cres, Adams St, Alden Ave, Moonlit Ave, Wesley St, Liston Ln, Western Branch Blvd$737
Stanley Rd, Maupin Ave, Old Church Cir, Dogwood Dr, Meredith Dr, A St, Aylwin Rd, Goode Way, Trafalgar Arch, Winston Rd$740
Woodside Ln, Cedar Ln, Hatton Pt Ln, Point West Dr, Shelby St, Gust Ln, Baywood Ln, Nevada St, Williamson Rd, Mount Vernon Ave$738
Summit Ave, Reese Dr, Mallard Cir, Scott St, Quebec St, Fairfax Ave, Axson St, Oakleaf Pl, Westminster Dr, Windymille Dr$712
Hanbury Ave, Middle St, Anndora Rd, Twine Ave, Marlboro Rd, Pearl St, Broomhill Ave, Plover Dr, Rolfe Ter, McDaniel St$725
Wilcox Ave, Quiet Ct, Maryland Ave, Springwood Dr, Burr Ln, Prentis Ave, Raven St, Bowden St, Thornwood St, Warfield Dr$701
Duke Dr, Louisa Ave, Buckingham Dr, Rapidan St, Leedale Ave, Finchley Rd, Ace Parker Dr, Lynn Dr, Holly Rd, Bismarck Myrick St$732
State Rte 164, Two Oaks Ct, Fairview Cir N, Colin Dr N, Ballard Ave, Apache Rd, Queen St, Randolph St, Fulton Ave, Mc Kinley St$776

Insurance rates are influenced by a number of factors including:

  • Year Built: 7,779 Homes (19% of total homes ) built between 1950 to 1959 in Portsmouth are paying home insurance between $1,362-$1,373. Places close to Portsmouth, VA such as Norfolk, Carrollton, Chesapeake are more expensive by $16, $72, $48 respectively while Benns Church and South Mills(NC) are cheaper by $97 and $194 respectively for similar homes.
  • Bedrooms: 5,293 4 bedrooms homes (13% of total homes ) in Portsmouth are paying about $745. Areas near to Portsmouth such as Carrollton, Chesapeake, Smithfield are costlier by $32, $20, $22 respectively whereas Hampton and Bacons Castle are more economical by $3, $14 respectively for similar homes.
  • Auto Insurance Bundling: 6,045 Households (27% of all households) in Portsmouth have 3 or more vehicles available and when it is bundled with home insurance you can save $181. Discounts for similar bundling in close by locations such as Norfolk, Carrollton, Newport come to $183, $190, $190 respectively.
  • Senior Discounts: 10,893 seniors (more than 55 years) occupied housing units (50% of total) in Portsmouth get discounts between $108 to $110. The comparative concessions in proximate regions such as Norfolk, Carrollton and Chesapeake are $109, $114 and $112 respectively.
  • New Homes discounts: New homes such as the 13,451 homes built between 2000 to 2009 in Portsmouth can save $144 compared to Norfolk ($146), Carrollton ($152), Newport ($152).

Portsmouth Homeowners insurance Facts

  • Portsmouth, VA has 21,687 owner occupied houses which is 59.0% of all units whereas Norfolk, Carrollton and Newport have 45.62%, 78.0% and 83.99% respectively.
  • Portsmouth, VA homeowners yearly insurance price at $724 is 0.39% of the typical house value of $183,600 which is in contrast with 0.35% in Norfolk, 0.25% at Carrollton & 0.25% in Newport.
  • Homeowners in Portsmouth, VA pay 1.93% of their income ($35,000 to $39,999) in insurance whereas homeowners in Norfolk, Carrollton and Newport pay 1.95%, 2.03% and 2.03% respectively.
  • Portsmouth, VA’s insurance is 4% of monthly housing costs of $1,509/month, for owners with a mortgage compared to 3.72% in Norfolk, 3.24% at Carrollton & 3.21% in Newport. But, for households without a mortgage, insurance is 11.7% of costs ($518 in Portsmouth, VA) in contrast with 11.57% in Norfolk, 12.21% at Carrollton & 12.83% in Newport.

Portsmouth, VA Home Values & Insurance rates

For example, insurance for 1,801 Homes (8.0% of total homes ) valued between $300,000 to $399,999 in Portsmouth, VA is about $1,375. Rates in nearby areas in such as Norfolk, Carrollton, Newport are cheaper by $159, $499, $507 respectively while Benns Church and Bacons Castle are costlier by $10,954 and $180 respectively for similar homes.

Portsmouth, VA Home By Value Total Homes % of Total Average Homeowners Insurance
Less than $50,000 788 3.0% $94
$80,000 to $89,999 337 1.0% $333
$90,000 to $99,999 452 2.0% $369
$100,000 to $124,999 2,169 10.0% $427
$125,000 to $149,999 2,228 10.0% $535
$150,000 to $174,999 3,409 16.0% $637
$175,000 to $199,999 2,937 14.0% $738
$200,000 to $249,999 3,698 18.0% $883
$250,000 to $299,999 2,178 10.0% $1086
$300,000 to $399,999 1,801 8.0% $1375

Renters Insurance in Portsmouth

  • Average Renters Insurance in Portsmouth :  $175($14/month)

  • Median Gross Rent in Portsmouth :  $942

  • Portsmouth Renters Insurance to Median Rent Ratio:  1.49%

  • Average household size of renter-occupied unit :  2.47

Portsmouth Renters Insurance as a Percentage of Rent

Portsmouth Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
Less than $200 708 4.0% $343
$200 to $299 453 3.0% $793
$300 to $499 915 6.0% $1243
$500 to $749 1,964 13.0% $1918
$750 to $999 4,454 30.0% $2668
$1,000 to $1,499 5,037 34.0% $3793
$1,500 or more 1,149 7.0% $5443

Protective device discount in Portsmouth Up to :  $26

Claims-free discount in Portsmouth Up to :  $35