Gainesville, VA Home Insurance - Analysis On Quotes, Rates & Agents
Gainesville Insurance Rates:
Gainesville, VA homeowners insurance is nearly $661 to $900, about $55-$75/month. Our extensive analysis reveals consumers can save upto $312 by getting different quotes. Enter your zipcode below and click “GO” to get multiple free quotes.
Homeowners Insurance in Gainesville, VA
On the hunt for home insurance in Gainesville, VA? Well, then this article is for you. Many companies offer homeowners insurance in Gainesville, VA, at an affordable price but sorting through the various home insurance policies can be daunting. This is because each company offers a different cost of insurance based on the needs and requirements of the insurer.
VHome's research reveals the major components responsible for the change in the cost insurance and multiple ways where homeowners can avail exclusive discounts. The average cost of homeowners insurance in Gainesville, VA, is $1232. Home insurance in Gainesville, VA, covers:
a. damages caused by an aircraft
b. windstorm
c. Damage caused by vehicles
d. Theft
e. Vandalism
f. civil disturbances
g. fire damage
h. Water damage from plumbing, heating, or air conditioning overflow
i. Damage from electrical current
It also depends on the amount of your coverage. Coverage refers to the package offered by the insurance provider that covers the loss or damages of the house in any unanticipated events.
Homeowners of Gainesville who have opted for a standard insurance package will be compensated for the replacement value of the damaged or destroyed property. However, if you have chosen coverage with higher limits, you will be fully paid for the damage suffered to your home.
Homeowners in Gainesville, VA, paying a coverage of $100,000, can avail of home insurance for $288. Generally, homeowners opt for coverage of $400,000 to $500,000, where they have to pay a premium of $1524 and $2057, respectively.
Refer to the chart below to know the applicable cost of insurance as per the coverage type.
Apart from that, Gainesville homeowners opt for a higher deductible to reduce their premiums. A deductible is the portion of coverage that the policyholder has to pay from his own pockets. Once the policyholder files a claim and meets their deductible, the insurance company pays the leftover balance up to their policy limit.
Choosing a higher deductible generally means that you pay less for the insurance. Homeowners opted for a high deductible of 2000 and 2500 pay $941 and $884.58, respectively. Homeowners opted for a low deductible of 500 and 1000 spend $1217.22 and $1101.16, respectively, on homeowners insurance. Although it is a practical option to reduce your premium, it is advised to opt for a deductible that will help cover costs after a major event.
Other than that, insurance providers decide the cost of insurance based on the security features installed in your home to prevent damage. By installing features like a fire extinguisher, deadbolts, and smoke detectors in your home, you make your home safer and less damage-prone. Homeowners in Gainesville with deadbolts and fire extinguishers pay $1096.48. In addition, homes equipped with burglar alarms and lightning protection pay $1121.12 and $1195.04, respectively, on homeowners insurance.
Gainesville, VA Homeowners Insurance By Home Value
| Gainesville, VA Home Value | Total Homes | % of Total | Average Gainesville, VA Homeowners Insurance |
|---|---|---|---|
| $100,000 to $124,999 | 354 | 3.0% | $234 |
| $125,000 to $149,999 | 465 | 4.0% | $288 |
| $150,000 to $174,999 | 679 | 7.0% | $343 |
| $175,000 to $199,999 | 388 | 4.0% | $398 |
| $200,000 to $249,999 | 1,995 | 20.0% | $484 |
| $250,000 to $299,999 | 2,039 | 21.0% | $585 |
| $300,000 to $399,999 | 3,352 | 34.0% | $749 |
Top Home Insurance Agents Near Gainesville, VA
| Home Insurance Company Near Gainesville, VA | Homeowners Insurance Agency Near Gainesville, VA | Address |
|---|---|---|
| NA | Bb&T/Givens & Williams | 3975 Fair Ridge Dr #110, Fairfax, VA, 22033 |
| Erie | Boizelle Insurance Partnership | 845-K Quince Orchard Blvd, Gaithersburg, MD, 20878 |
| State Farm | Kim Musser | 10724 Ltl Patux Pkwy Ste 201, Columbia, MD, 21044-3249 |
| Allstate | Spillman-Henderson Agency | 9520 Marlboro Pike Ste 101, Upper Marlboro, MD, 20772 |
| Travelers | V W Brown Ins Service Llc | 11166 FAIRFAX BLVD, FAIRFAX, VA, 22030 |
Gainesville, VA Home Insurance Agents for Top Companies
Cost Of Homeowners Insurance By Street Near Gainesville, VA
| Streets in Gainesville Area | Homeowners Insurance Cost |
|---|---|
| Glass Mountain Way, la Jolla Ct, Oakland Ridge Rd, Michelle Ct, Tulloch Spring Ct, Susquehanna Rd, Dylan Pl, Hartwood Meadow Pl, Maiden Creek Ct, Sabbarton Pl | $804 |
| Londons Bridge Rd, Tallyrand Way, Lone Star Way, Trundle Pl, Baylor Park Ct, Columbia Springs Way, Halverton Pl, Old Linton Hall Rd, Ashland Ave, Triple Crown Loop | $805 |
| Danube Way, Real Quite Ct, Taylors Mill Pl, Croydon Pl, Medalist Ct, Brogue Ct, Banbury Dr, Eldermill Ln, Wellington Rd, Moss Ln | $799 |
| Jefferson St, Piedmont Center Plz, Cellar Door Dr, Gallerher Rd, King Ct, Green Bay St, Clubhouse Rd, Poplar St, Emory Falls Ct, Swift Creek Ct | $798 |
| Groveton Rd, Bethpage Ln, Lucknow St, Bermuda Ln, Cavaletti Ct, Newbern Loop, Waterfall Rd, Alan Ct, Livia Dr, Arthur Hills Dr | $817 |
| Judy Ter, Lurette Rd, Cinch Ln, Upland Meadow Ct, Brevard Park Ct, Sunday Silence Ct, Violet Ct, Sequoia Park Way, Pelham Ct, Halsey Ct | $803 |
| Artemus Rd, Grimsby Ln, Wilton Meadows Ct, Cool Spring Dr, Cannon Ball Ct, Crackling Cedar Ln, Featherbed Ln, Rushing Creek Ct, Williamson Blvd, Old Compton Rd | $805 |
| Augusta Rd, University Blvd, Weatherwood Ct, Jackson Hollow Rd, Amal Ln, Patent Cir, Yalta Way, Lanier Overlook Ct, Turning Grass Way, Rienzi Pl | $774 |
| United Park Way, Walking Stick Way, Ripple Stone Ct, Winchester Ct, Antioch Rd, Huron Dr, Sabre Ct, Golf View Dr, Largo Vista Dr, Norwick Pl | $819 |
| Black Horse Ct, Idlewood Park Ct, Rosney Ct, Canyon Creek Way, Jacksonville Ave, Legend Glen Ct, Berkely Dr, Glass Ridge Pl, Perrish Ln, Pine Knott Ct | $798 |
Gainesville, VA Home Insurance Savings For Senior Occupied Homes
| Place | Savings For Senior Occupied Homes |
|---|---|
| Gainesville | $116 to $119 |
| Haymarket | $115 |
| Stone Ridge | $117 |
| Bull Run | $109 |
Gainesville, 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 |
|---|---|---|---|
| Haymarket town, Virginia | $96 | $128 | $192 |
| Bull Run Mountain Estates CDP, Virginia | $96 | $128 | $192 |
| Stone Ridge CDP, Virginia | $98 | $131 | $196 |
Gainesville, 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 |
|---|---|---|
| Gainesville, VA | 2.7% | 10.2% |
| Haymarket | 2.54% | 11.96% |
| Bull Run Mountain Estates | 2.87% | 6.97% |
| Stone Ridge | 2.44% | 12.81% |
Gainesville Renters Insurance as a Percentage of Rent
| Gainesville Home By Monthly Rent | Total Homes | % of Total | Estimated Monthly Income To Afford Rented House Including Renters Insurance |
|---|---|---|---|
| $200 to $299 | 142 | 1.0% | $766 |
| $500 to $749 | 218 | 2.0% | $1891 |
| $750 to $999 | 807 | 10.0% | $2641 |
| $1,000 to $1,499 | 3,724 | 49.0% | $3766 |
| $1,500 or more | 2,556 | 33.0% | $5416 |
Gainesville, VA Home Insurance Costs With Deductible Scenario
| Low Deductible | High Deductible | |
|---|---|---|
| Deductible | $1,800 | $2,800 |
| Yearly Gainesville Homeowner Insurance Premium Example | $1,500 | $1,000 |
| Out of Pocket Expense During Claim | $1,800 | $2,800 |
| Total Home Insurance Premium for 5 years + Out of Pocket Expense for Claim | $9,300 | $7,800 |
| Net Savings to Gainesville Home Owner from High Deductible Plan | $1,500 | |
Gainesville, VA Home Insurance Costs With Home Replacement Value Scenarios
| Scenario | Gainesville, VA Home Replacement Value MORE than Home Value | Gainesville, VA Home Replacement Value LESS than Home Value |
|---|---|---|
| Replacement Value | $660,500 | $413,000 |
| Insurance Premium based on Replacement Value | $3,825 | $2,400 |
| Risk Exposure from Under Insuring Coverage | Unnecessary Home Insurance Coverage of $103,000 | Risk Exposure from Under Insuring Coverage is $144,500 |
| Premium Impact | Insurance cheaper by $825/year | Insurance costlier by $600/year |
Example Gainesville Homeowners Insurance Comparison Table to Compare The Cheapest Quotes
| Insurance Company | Chubb Group of Insurance | Amica Mutual Insurance Company | Allstate |
| Monthly Premium | 80 | 132 | 56 |
| Year Built | 2007 | 1996 | 1970 |
| Home Details | 3 Beds, 2 Baths | 4 Beds, 2 Baths | 5 Beds, 3 Baths |
| Coverage Amount | $250000-$300000 | $400000-$500000 | $200000-$250000 |
| Deductible | $2500-$5000 Deductible | $5000 to $10,000 Deductible | $5000 to $10,000 Deductible |
Sample Home Insurance Rates for Gainesville, VA from Consumer Reviews & Surveys
| Year Built | Home Value | Roof Type | Sqft | Number of Bedrooms | Deductible | Premium | Premium Months | Siding Type | Smoker/Non Smoker |
|---|---|---|---|---|---|---|---|---|---|
| 1979 | 350,000 | Slate Shingles Roof | 2,160 | 3 | $500- $1000 Deductible | 410 | 3 | Stone Siding | No |
| 1977 | 305,000 | Composition Roof | 1,870 | 3 | > $10,000 Deductible | 340 | 4 | Fiber-Cement Siding | No |
| 1977 | 360,000 | Shingles Roof | 1,660 | 4 | $1000-$2500 Deductible | 100 | 1 | Vinyl siding | yes |
| 1981 | 405,000 | Slate Shingles Roof | 2,180 | 3 | $2500-$5000 Deductible | 1100 | 8 | Brick siding | No |
| 1974 | 210,000 | Metal Roof | 1,230 | 3 | $500- $1000 Deductible | 1010 | 10 | Wood siding | No |
| 2011 | 315,000 | Wood Shake Roof | 1,820 | 3 | $5000 to $10,000 Deductible | 850 | 12 | Stone Siding | No |
| 1993 | 675,000 | Metal Roof | 3,330 | 4 | $2500-$5000 Deductible | 1890 | 8 | Wood siding | yes |
| 1992 | 315,000 | Composition Roof | 2,050 | 3 | $500 Deductible | 810 | 6 | Brick siding | yes |
| 2006 | 660,000 | Wood Shake Roof | 4,190 | 5 | $500- $1000 Deductible | 830 | 3 | Stucco siding | yes |
| 1996 | 490,000 | Asphalt Shingles Roof | 2,560 | 4 | $500 Deductible | 2250 | 10 | Stone Siding | yes |
| 1988 | 645,000 | Shingles Roof | 3,810 | 5 | $500 Deductible | 330 | 1 | Stone Siding | yes |
| 1991 | 420,000 | Metal Roof | 2,110 | 3 | $1000-$2500 Deductible | 1080 | 7 | Wood siding | No |
| 2012 | 500,000 | Tile Roof | 2,990 | 5 | $500- $1000 Deductible | 1360 | 6 | Wood siding | No |
| 2014 | 385,000 | Metal Roof | 2,350 | 4 | $5000 to $10,000 Deductible | 660 | 7 | Stucco siding | yes |
| 1981 | 575,000 | Wood Shake Roof | 2,720 | 5 | $2500-$5000 Deductible | 1610 | 8 | Wood siding | No |
| 2012 | 260,000 | Asphalt Shingles Roof | 1,460 | 3 | $1000-$2500 Deductible | 620 | 6 | Brick siding | No |
| 1983 | 330,000 | Metal Roof | 1,550 | 3 | > $10,000 Deductible | 360 | 4 | Stone Siding | yes |
| 2003 | 455,000 | Asphalt Shingles Roof | 2,530 | 4 | $2500-$5000 Deductible | 700 | 4 | Stucco siding | No |
| 2006 | 510,000 | Metal Roof | 3,030 | 4 | $5000 to $10,000 Deductible | 1040 | 7 | Stone Siding | yes |
| 1993 | 300,000 | Asphalt Shingles Roof | 1,760 | 3 | > $10,000 Deductible | 890 | 12 | Wood siding | yes |
| 1970 | 460,000 | Shingles Roof | 2,350 | 3 | $2500-$5000 Deductible | 780 | 5 | Fiber-Cement Siding | yes |
| 2007 | 560,000 | Composition Roof | 3,630 | 5 | $5000 to $10,000 Deductible | 560 | 3 | Fiber-Cement Siding | No |
| 1986 | 705,000 | Asphalt Shingles Roof | 4,830 | 5 | $500 Deductible | 540 | 2 | Brick siding | No |
| 2013 | 300,000 | Wood Shake Roof | 1,830 | 4 | $1000-$2500 Deductible | 1130 | 9 | Fiber-Cement Siding | yes |
| 1986 | 345,000 | Shingles Roof | 2,090 | 4 | $2500-$5000 Deductible | 710 | 6 | Stone Siding | yes |
| 1998 | 310,000 | Asphalt Shingles Roof | 2,040 | 3 | $5000 to $10,000 Deductible | 530 | 7 | Fiber-Cement Siding | No |
| 1976 | 445,000 | Composition Roof | 2,550 | 4 | $5000 to $10,000 Deductible | 1310 | 12 | Brick siding | No |
| 1992 | 710,000 | Tile Roof | 4,060 | 5 | $5000 to $10,000 Deductible | 1040 | 4 | Wood siding | No |
| 1981 | 740,000 | Membrane Roof | 4,670 | 5 | > $10,000 Deductible | 1100 | 8 | Fiber-Cement Siding | No |
| 1990 | 380,000 | Shingles Roof | 2,180 | 3 | $1000-$2500 Deductible | 1760 | 12 | Stucco siding | yes |
| 2002 | 330,000 | Slate Shingles Roof | 2,070 | 3 | $2500-$5000 Deductible | 300 | 4 | Wood siding | yes |
| 2003 | 220,000 | Asphalt Shingles Roof | 1,360 | 3 | $500- $1000 Deductible | 820 | 9 | Vinyl siding | No |
| 1974 | 610,000 | Wood Shake Roof | 3,470 | 5 | $500 Deductible | 750 | 2 | Fiber-Cement Siding | yes |
| 2011 | 350,000 | Tile Roof | 1,870 | 3 | $2500-$5000 Deductible | 640 | 6 | Stone Siding | No |
Latest Home Insurance Reviews
AllstateI surely recommend these to all peoples And i will refer to my friends to take these policy
Liberty MutualBoth companies score similarly on Coverage & Benefits, Pricing & Discounts, Claims Satisfaction & Customer Experience, and Automation.
TravelersNo problems so far, have not had a issue with customer service.
Erie InsuranceThe premium and deductible are very good, and If I'm not mistaken are some of the best in the area. We are very fortunate to have such low rates.
ProgressiveOur premiums are cheaper than our company's competitors. Our deductible appears to be very similar to others, but is adequate for our needs.
State FarmMy insurance company is a state farm insurance company. i like them because they have a great reputation in my neighborhood.
NationwideI believe the monthly price could be more accessible to everyone so we could be able to pay and be safe with no worries.
State FarmState farm is a great insurance company! they are kind and friendly. they always get back to me on questions very quickly.
ProgressiveThey are quick at resolving my issues and fixing them, IÃḃ€™m happy that I had them and I really like their service
Erie InsuranceI like that they have a good brand established and are seen as respectful and professional. I like that they offer me discounts when I bundle and present me with options when choosing new policies. They explain so much to me as I have zero knowledge in this area, and neither does my husband.
ProgressiveProgressive is slightly less a rip off than many other insurance companies I have had over the last 40 years. What I hate most is the annual premium always is going up. Even though I NEVER make claims like asshole neighbors seem to like doing.
AllstateEasy to navigate, has all information required for a one-touch application, the point of contact is displayed immediately upon opening the app.
NationwideI would always and do recommend our insurance company of local office to others.