Alexandria, VA Home Insurance - Analysis On Quotes, Rates & Agents
Alexandria Insurance Rates:
Alexandria, VA homeowners insurance is nearly $692 to $941, about $57-$78/month. Our thorough guide shows customers can save upto $326 by getting many quotes. Enter your zipcode below and click “GO” to get multiple free quotes.
Average Home Insurance Cost in Alexandria, VA
The average cost of homeowners insurance in Alexandria, VA, is $1560. Home insurance, also known as homeowners insurance, involves property protection, including losses occurring to one's home and its contents during unanticipated circumstances. Homeowners must consider purchasing home insurance in Alexandria, VA, to keep themselves financially protected.
Home insurance companies determine home insurance rates after considering several factors, including your house's size, location, age, credit history, risk of disaster or theft, features and upgrades that may help mitigate risk, construction materials, etc. Here are a few factors you may consider to avail discount on home insurance in Alexandria, VA.
a. By choosing a higher deductible
Your home insurance deductible plays an important role in how claims are paid. A deductible is an amount a homeowner pays out of their wallet towards the claim. If your claim is authorized, homeowners will receive payment from their insurance company for the total amount of damage minus their deductible. There is a wide range of deductibles offered to the homeowners. For example, homeowners paying a deductible of 500 and 1500 pay a premium of $1542 and $1313 on homeowners insurance in Alexandria, VA. In contrast, homeowners paying a deductible of 2000 and 2500 pay $1191.53 and $1120.08, respectively. Therefore, the higher the deductible, the lower the homeowners insurance rates in Alexandria, VA.
b. By installing security features
One practical advantage of maintaining a house with advanced security features is that the homeowner will be able to save money by availing of home safety features discounts. For example, a sprinklers system can help contain the loss of life and property damage by preserving the building's structural integrity while controlling heat strokes. They also act as a buffer giving you and others the time needed to get safely out of your home. Homes with sprinkler systems pay $1435.2 on home insurance in Alexandria, VA.
c. By maintaining a zero claims history
Zero claims are often synonymous with fewer damages or repairs to the house, so some insurance providers offer no-claim discounts on homeowners insurance in Alexandria, VA. For example, homeowners in Alexandria, VA, with zero claims history have to pay a premium of $1357.2. In contrast, homeowners with one or two claims must pay $1700.4 and $1762.8 on homeowners insurance in Alexandria, VA.
Tips For Choosing The Best Alexandria, VA, Home Insurance Company
In Alexandria, Virginia, homeowners pay an average home insurance rate of $1,547, which is comparatively higher than the national average premium of $1,438. Below are some of the factors that Alexandria homeowners should consider before choosing the home insurance company that best suits their coverage needs.
A.M. Best Rating
Financial strength is referred to as the capacity of an insurance company to grant current policyholders’ claims. Alexandria homeowners are recommended to opt for home insurance companies with high financial strength ratings. A.M. Best rates home insurance companies based on their financial strength. Alexandria homeowners can use these ratings to identify home insurance companies with a high financial capacity.
J.D. Power Score
J.D. Power awards home insurance companies with a score based on the feedback collected from current policyholders. The customer satisfaction score of an insurance company is calculated using policy coverage, insurance rates, discounts, customer handling, and the speed at which a claim is processed. Alexandria homeowners can use the J.D. Power Score to choose insurance companies that ensure the satisfaction of policyholders.
Comparing Quotes
Home insurance companies use different parameters to calculate home insurance rates. Home insurance quotes can differ from one insurance company to another. Alexandria homeowners should obtain quotes from multiple home insurance companies to choose the cheapest one. Homeowners should also consider the add-on policies offered by home insurance companies, in addition to the standard home insurance policy.
Deductibles Vs. Insurance Rates
Alexandria homeowners can opt for high deductibles to lower their home insurance. The deductibles and the corresponding reduction in home insurance rates differ from one home insurance company to another. Alexandria homeowners are advised to choose the home insurance company that offers the highest discount for their deductibles.
Claims Processing Speed
Home insurance companies should be swift in processing the claims of homeowners. Homeowners are generally given a time period of 10 to 30 days to file a claim in case of damages. Once submitted, home insurance companies take a maximum of 40 days to review the claim and accept or deny it. Alexandria homeowners are suggested to choose home insurance companies with a simple and swift claims processing system.
Alexandria, VA Homeowners Insurance By Home Value
| Alexandria, VA Home Value | Total Homes | % of Total | Average Alexandria, VA Homeowners Insurance |
|---|---|---|---|
| Less than $50,000 | 285 | 2.0% | $40 |
| $70,000 to $79,999 | 119 | 1.0% | $122 |
| $100,000 to $124,999 | 380 | 3.0% | $187 |
| $125,000 to $149,999 | 250 | 2.0% | $228 |
| $150,000 to $174,999 | 582 | 5.0% | $277 |
| $175,000 to $199,999 | 807 | 7.0% | $318 |
| $200,000 to $249,999 | 2,103 | 18.0% | $383 |
| $250,000 to $299,999 | 2,206 | 19.0% | $465 |
| $300,000 to $399,999 | 4,278 | 38.0% | $595 |
Top Home Insurance Agents Near Alexandria, VA
| Home Insurance Company Near Alexandria, VA | Homeowners Insurance Agency Near Alexandria, VA | Address |
|---|---|---|
| NA | H. U. Dove & Company, Inc. | 250 S President St Ste 3700, Baltimore, MD, 21202 |
| Allstate | Colleen Wagschal | 9051 Red Branch Rd Ste J, Columbia, MD, 21045 |
| Travelers | Dominion General Ins Agency Llc | 3421 COMMISSION CT STE 100, WOODBRIDGE, VA, 22192 |
| Liberty Mutual Independent | Holden & Co Insurance Inc | 115 N Saint Asaph St, ALEXANDRIA, VA, 22314 |
| Allstate | Susana Mccoy | 6813 Old Alexandria Ferry Rd, Clinton, MD, 20735 |
Alexandria, VA Home Insurance Agents for Top Companies
Cost Of Homeowners Insurance By Street Near Alexandria, VA
| Streets in Alexandria Area | Homeowners Insurance Cost |
|---|---|
| Maris Ave, Edison St, Lambert Dr, US Hwy 1, Scarburgh Way, Campus Ln E, Boyle St, Hunting Creek Dr, Viewpoint Rd, Vos Ln | $805 |
| N West St, N Quaker Ln, Bus Center Dr, Fitzgerald Ln, E Glebe Rd, Brawner Pl, Ashby St, W Glebe Rd, Moncure Dr, Laird Pl | $785 |
| Bragg St, W Glendale Ave, Clyde Ave, W Monroe Ave, E Chapman St, W Linden St, N Paxton St, Little St, E Nelson Ave, Lane Dr | $915 |
| Derby Ct, N Jordan St, E Custis Ave, Fort Ward Pl, Kenmore Ave, Monticello Blvd, W Mount Ida Ave, Davis Ave, Carriage House Cir, E Timber Branch Pkwy | $911 |
| Ivanhoe Ct, Parkway Ter, Ripon Pl, Manning St, Keller Ave, Fairview Ct, Riddle Walk, Helmuth Ln, Ingle Pl, Osage St | $869 |
| Hilltop Ter, S Van Dorn St, Adams Ave, E Luray Ave, N Early St, Fords Landing Way, N Gladden St, N Jordan Ct, Terrett Ave, Small St | $870 |
| S Quaker Ln, S Saint Asaph St, N Washington St, Wythe St, Waple Ln, N Fayette St, Prince St, Wharf St, Janneys Ln, W Reed Ave | $888 |
| Commerce St, Dawes Ave, E Mason Ave, Woodmire Ln, Richenbacher Ave, State Rte 241, W del Ray Ave, Guthrie Ave, Evans Ln, E Alexandria Ave | $858 |
| W Mount Ida Ave, Burke Ave, N Pelham St, Harold Secord St, Catlin Ln, S West St, Brighton Ct, Lee Cir, Woodbine St, Archer Ct | $841 |
| S Jenkins St, Halcyon Dr, Pierpont St, Tennessee Ave, Cloudes Mill Dr, N Pickett St, Lannon Ct, Fillmore Ave, Wellington Rd, Leslie Ave | $888 |
Alexandria, VA Home Insurance Savings For Senior Occupied Homes
| Place | Savings For Senior Occupied Homes |
|---|---|
| Alexandria | $121 to $123 |
| Huntington | $115 |
| Rose Hill | $119 |
| Belle Haven | $114 |
Alexandria, VA Auto & Homeowners Insurance Bundling Discounts
| Place | 1 Car Bundle Savings On Insurance | 2 Car Bundle Savings On Insurance | 3 Car Bundle Savings On Insurance |
|---|---|---|---|
| Huntington CDP, Virginia | $115 | $153 | $230 |
| Rose Hill CDP (Fairfax County), Virginia | $119 | $159 | $239 |
| Belle Haven CDP, Virginia | $115 | $153 | $230 |
Alexandria, VA Area Home Insurance as a % of Housing Cost
| Place | Home insurance as a % of housing cost for homes with mortgage | Home insurance as a % of housing cost for homes without mortgage |
|---|---|---|
| Alexandria, VA | 2.7% | 8.8% |
| Huntington | 3.12% | 8.5% |
| Rose Hill | 2.63% | 10.07% |
| Belle Haven | 2.81% | 10.01% |
Alexandria Renters Insurance as a Percentage of Rent
| Alexandria Home By Monthly Rent | Total Homes | % of Total | Estimated Monthly Income To Afford Rented House Including Renters Insurance |
|---|---|---|---|
| Less than $200 | 387 | 1.0% | $299 |
| $300 to $499 | 537 | 1.0% | $1199 |
| $500 to $749 | 1,178 | 3.0% | $1874 |
| $750 to $999 | 2,678 | 7.0% | $2624 |
| $1,000 to $1,499 | 14,675 | 41.0% | $3749 |
| $1,500 or more | 15,939 | 44.0% | $5399 |
Alexandria, VA Home Insurance Costs With Deductible Scenario
| Low Deductible | High Deductible | |
|---|---|---|
| Deductible | $1,800 | $2,800 |
| Yearly Alexandria Homeowner Insurance Premium Example | $700 | $500 |
| Out of Pocket Expense During Claim | $1,800 | $2,800 |
| Total Home Insurance Premium for 8 years + Out of Pocket Expense for Claim | $7,400 | $6,800 |
| Net Savings to Alexandria Home Owner from High Deductible Plan | $600 | |
Alexandria, VA Home Insurance Costs With Home Replacement Value Scenarios
| Scenario | Alexandria, VA Home Replacement Value MORE than Home Value | Alexandria, VA Home Replacement Value LESS than Home Value |
|---|---|---|
| Replacement Value | $380,500 | $264,000 |
| Insurance Premium based on Replacement Value | $1,900 | $1,325 |
| Risk Exposure from Under Insuring Coverage | Unnecessary Home Insurance Coverage of $79,000 | Risk Exposure from Under Insuring Coverage is $37,500 |
| Premium Impact | Insurance cheaper by $175/year | Insurance costlier by $400/year |
Example Alexandria Homeowners Insurance Comparison Table to Compare The Cheapest Quotes
| Insurance Company | Erie Insurance | Farmers Insurance | State Farm |
| Monthly Premium | 136 | 192 | 232 |
| Year Built | 1961 | 2011 | 1990 |
| Home Details | 2 Beds, 1 Baths | 3 Beds, 2 Baths | 4 Beds, 3 Baths |
| Coverage Amount | $300000-$350000 | $500000-$600000 | $600000-$700000 |
| Deductible | $500- $1000 Deductible | $500 Deductible | $500 Deductible |
Sample Home Insurance Rates for Alexandria, VA from Consumer Reviews & Surveys
| Year Built | Home Value | Roof Type | Sqft | Number of Bedrooms | Deductible | Premium | Premium Months | Siding Type | Smoker/Non Smoker |
|---|---|---|---|---|---|---|---|---|---|
| 1961 | 255,000 | Shingles Roof | 1,220 | 2 | $2500-$5000 Deductible | 240 | 3 | Stucco siding | No |
| 1965 | 215,000 | Shingles Roof | 1,140 | 2 | $500 Deductible | 360 | 3 | Fiber-Cement Siding | No |
| 1966 | 590,000 | Tile Roof | 2,340 | 3 | $1000-$2500 Deductible | 140 | 1 | Stone Siding | yes |
| 2010 | 400,000 | Tile Roof | 1,790 | 2 | $2500-$5000 Deductible | 340 | 3 | Vinyl siding | No |
| 1968 | 510,000 | Slate Shingles Roof | 2,120 | 3 | $500 Deductible | 2610 | 10 | Fiber-Cement Siding | yes |
| 1985 | 390,000 | Asphalt Shingles Roof | 1,800 | 4 | > $10,000 Deductible | 1090 | 10 | Stone Siding | No |
| 1990 | 240,000 | Asphalt Shingles Roof | 1,270 | 2 | $5000 to $10,000 Deductible | 380 | 6 | Vinyl siding | yes |
| 1994 | 590,000 | Metal Roof | 2,470 | 4 | $2500-$5000 Deductible | 610 | 4 | Vinyl siding | yes |
| 1997 | 395,000 | Asphalt Shingles Roof | 1,740 | 3 | $1000-$2500 Deductible | 120 | 1 | Stucco siding | No |
| 1966 | 685,000 | Tile Roof | 3,080 | 4 | $500- $1000 Deductible | 1040 | 6 | Wood siding | yes |
| 1984 | 245,000 | Metal Roof | 1,050 | 2 | > $10,000 Deductible | 470 | 10 | Stucco siding | No |
| 1997 | 515,000 | Wood Shake Roof | 2,110 | 4 | $500 Deductible | 1090 | 5 | Wood siding | yes |
| 1994 | 375,000 | Shingles Roof | 1,920 | 4 | $2500-$5000 Deductible | 550 | 6 | Fiber-Cement Siding | No |
| 1982 | 230,000 | Composition Roof | 1,120 | 2 | $1000-$2500 Deductible | 370 | 6 | Stucco siding | No |
| 1990 | 370,000 | Slate Shingles Roof | 1,710 | 2 | $500- $1000 Deductible | 1960 | 10 | Brick siding | yes |
| 1967 | 350,000 | Metal Roof | 1,370 | 2 | $1000-$2500 Deductible | 1300 | 10 | Wood siding | No |
| 1969 | 455,000 | Membrane Roof | 2,130 | 4 | $1000-$2500 Deductible | 1910 | 12 | Stone Siding | No |
| 1977 | 300,000 | Composition Roof | 1,640 | 2 | $2500-$5000 Deductible | 410 | 6 | Brick siding | yes |
| 1959 | 445,000 | Metal Roof | 2,330 | 4 | > $10,000 Deductible | 1140 | 12 | Stone Siding | No |
| 1968 | 570,000 | Slate Shingles Roof | 2,460 | 4 | $5000 to $10,000 Deductible | 140 | 1 | Brick siding | yes |
| 1989 | 435,000 | Metal Roof | 2,030 | 3 | $5000 to $10,000 Deductible | 800 | 7 | Brick siding | yes |
| 2001 | 440,000 | Metal Roof | 1,810 | 3 | $5000 to $10,000 Deductible | 200 | 2 | Stone Siding | yes |
| 1973 | 565,000 | Metal Roof | 2,340 | 4 | $5000 to $10,000 Deductible | 1390 | 7 | Stone Siding | No |
| 1987 | 625,000 | Metal Roof | 3,310 | 4 | $1000-$2500 Deductible | 2570 | 12 | Vinyl siding | yes |
| 1977 | 435,000 | Asphalt Shingles Roof | 1,930 | 3 | $500 Deductible | 750 | 5 | Stone Siding | yes |
| 2010 | 485,000 | Slate Shingles Roof | 2,400 | 3 | $500 Deductible | 2900 | 12 | Brick siding | yes |
| 1986 | 275,000 | Tile Roof | 1,170 | 2 | $1000-$2500 Deductible | 170 | 2 | Brick siding | yes |
| 2010 | 385,000 | Shingles Roof | 1,570 | 3 | > $10,000 Deductible | 580 | 6 | Vinyl siding | No |
| 1979 | 525,000 | Metal Roof | 2,030 | 3 | $2500-$5000 Deductible | 1310 | 7 | Fiber-Cement Siding | No |
| 1978 | 240,000 | Composition Roof | 919 | 1 | $2500-$5000 Deductible | 560 | 5 | Wood siding | yes |
Latest Home Insurance Reviews
State FarmI use my parents' company. The agent serves the entire family. He is really nice and accomodating. When there was a house fire, he showed up in person with a reloadable debit card for a hotel stay.
State FarmThey are competitive; since I got my new car and need full protection, the rates went up, but it's OK - they are still easy to pay.
AllstateI wish the deductible was a little less, but with the most basic plan I expected exactly what I received. The premium is also lacking, but I am ok with it right now.
State FarmMy deductible is $500 and cover 30,000 which is plenty for what my belongings consist of.
Erie InsuranceBecause my company provides lowest premium and deductible with the same coverage compared to other providers, I definitely recommend it.
AllstateOur premium is fair. It fits our needs and our budget. We know that there are policies with a little better coverage but the premiums are much more expensive.
Liberty MutualIt is very cost effective. I pay $130 per annum in 4 quarterly payments.
Farmer's InsuranceThey had similar policy offerings for a lower price, our coverage remained the same as when we were with State Farm.
Grange InsuranceI Am absolutely fine with their communication with me. They send notices and billings via email which is very convenient and I am fine with it.
AllstateI would most certainly recommend this insurance for someones home. Its low cost very high in service and many options that come with just the most basic insurance. It has low prices great customer service.
AllstateI don't know how their offerings are compared to other companies I went with them because that's who I have car insurance with.
State FarmI think this company is a fair company that offers good products at competitive premiums. Their customer service is prompt.
Liberty MutualI would recommend this company because it is one of the most popular, it was easy to research and gather information, and we are happy with it.
Erie InsuranceThere are affordable premium and deductible compare to other companies i know
TravelersI have found over the years the premiums were very reasonable and the customer service always responsive and polite.
Alfa InsuranceWhat i don’t like about alfa is that their premiums are some of the highest in our area.
GeicoGeico home insurance is great. they are so easy to work with and they always provide the best customer service that you can ask for.
Erie InsuranceI don't love the cost of course, especially now that my home is much newer compared to my old one. I was surprised at the price increase of my premium due to the additional square footage in the house, but the home is in such better condition age-wise than my old house.
Alfa InsuranceI like how my agent is very personal with my family, she is very friendly and treats my family like her own.
Farmer's InsuranceThey are very friendly and is always willing to help us when we go in to see her. She is always looking for ways to save us money and also give us tips on things the company is looking for us to do with our home to optimize our coverage.
Erie InsuranceI don't like that you can't see your detailed coverage online you can only see your payment scheduled
American Home InsuranceDo not want to pay that much a month for a just in case policy. Mostly just wish the price were lower. Some places do offer a more affordable coverage.
State Farmstate farm premium is very affordable compared to other home insurance that I have chosen before and just didn't work out
GeicoGEICO IS VERY GOOD PRICE AND GOOD SERVICE I USE FOR 5 YEAR AND NEVER HAVE A CLAIM GIVE 1
AllstateI think the premium is a bit high, but otherwise, I'm very satisfied with my home insurance provider and will continue to use them in the future.
State FarmFrom the start of purchasing a policy to the end result of payment and filing a claim is all very simple, pleasant and great customer service skills. We in the past thought about changing companies but we love the State Farm company and decided to stay. They understand that we are on a budget and look for policies that meet our price range. I have never really had a bad experience with the company.
AllstateI actually really enjoy working with Allstate. They are nice, offer good discounts, and the agent I use is great. I wouldn't change a thing (besides maybe lowering premiums, but they are reasonable).
Erie Insurancethey are very nice, and helpful. they helped me easily set up my account and pick out the right plan for my family. it was easy to talk to and ask any questions or concerns that I had going into a new insurance policy.
AllstateEven though we have had a positive experience, I'm not sure I would recommend them. This is due to the fact that other family members with the same company shared their bad experiences with me. So even though at the moment I am satisfied, I'm always waiting for the other shoe to drop.
AllstateAllstate have a good customer service. They are a very efficient company. They have integrity and are reliable. Their employees show respect and courtesy to clients.
Farmer's InsuranceI feel like they are offering good coverage for a price that is reasonable and fair. I feel like they are straightforward when dealing with customers and don't constantly try to upsell.
Liberty Mutualwhat I do not like is their customer service they are slow when they are called and they do not answer calls right away
State FarmIt is a good service and the customer care service is good they serving with patience and i like state Farm insurance company.