Hampton ,VA Home Insurance - The cost of homeowners insurance is influenced by a range of factors, including the value of your coverage, deductible, and the construction materials used in your home.
VHome Insurance conducted a thorough analysis of the Hampton, VA homeowners insurance market, taking into account factors like average costs, range of coverages, deductibles and customer satisfaction ratings to determine the best providers. The Average home insurance cost in Hampton, VA is $1413. Enter your zipcode below and click “GO” to get multiple free quotes.
It is important to understand the different coverage options available in Hampton, VA. VHome Insurance will help you navigate the world of homeowners insurance coverages in Hampton, VA.
| Coverage Level | Average Annual Premium |
|---|---|
| $100,000 | $565 |
| $200,000 | $961 |
| $300,000 | $1,187 |
| $400,000 | $1,809 |
| $500,000 | $2,275 |
Home insurance costs in Hampton can vary greatly based on location. The frequency of claims in your area can affect the cost of your policy. Simply put, the location of your home can significantly impact your homeowners insurance premium.
| Zipcode | Average Insurance Premium |
|---|---|
| 023664 | $1,353 |
| 23669 | $1,347 |
| 23666 | $1,340 |
| 23661 | $1,324 |
| 23663 | $1,321 |
One key aspect of your policy is the deductible, which is the amount you pay out of pocket before your insurance kicks in. Choosing the right deductible can have a major impact on your insurance premiums and overall savings. In this guide, we'll help you understand the options available for homeowners insurance deductibles in Hampton, VA, and how to choose the right one for your needs.
| Deductible Level | Average Annual Premium |
|---|---|
| $500 Deductible | $1,449 |
| $1000 Deductible | $1,296 |
| $1500 Deductible | $1,222 |
| $2500 Deductible | $1,102 |
| $5000 Deductible | $933 |
| Home Insurance Company Near Hampton, VA | Homeowners Insurance Agency Near Hampton, VA | Address |
|---|---|---|
| Travelers | C H Stokes And Associates | 2832 S LYNNHAVEN RD STE 102, VIRGINIA BEACH, VA, 23452 |
| Farmers | David Karda | 6550 Hampton Roads Pkwy Ste 103-b, Suffolk, VA, 23435 |
| State Farm | Stephanie Langkil | 5441 Va Beach Blvd Ste 120, Virginia Bch, VA, 23462-1749 |
| NA | Mathews Insurance Agency Incorporated | 182 Main St, Mathews, VA, 23109 |
| State Farm | Bob Fitzgerald | 817 Greenbrier Pkwy Ste A, Chesapeake, VA, 23320-3823 |
| Place | 1 Car Bundle Savings On Insurance | 2 Car Bundle Savings On Insurance | 3 Car Bundle Savings On Insurance |
|---|---|---|---|
| Poquoson city, Virginia | $115 | $153 | $230 |
| Norfolk city, Virginia | $110 | $146 | $219 |
| Newport News city, Virginia | $110 | $146 | $219 |
| Place | Home insurance as a % of housing cost for homes with mortgage | Home insurance as a % of housing cost for homes without mortgage |
|---|---|---|
| Hampton, VA | 3.9% | 12.9% |
| Poquoson | 3.26% | 10.53% |
| Norfolk | 3.72% | 11.57% |
| Newport News | 4.04% | 12.31% |
| Hampton Home By Monthly Rent | Total Homes | % of Total | Estimated Monthly Income To Afford Rented House Including Renters Insurance |
|---|---|---|---|
| Less than $200 | 432 | 2.0% | $342 |
| $200 to $299 | 450 | 2.0% | $792 |
| $300 to $499 | 857 | 4.0% | $1242 |
| $500 to $749 | 2,996 | 14.0% | $1917 |
| $750 to $999 | 5,904 | 29.0% | $2667 |
| $1,000 to $1,499 | 7,661 | 37.0% | $3792 |
| $1,500 or more | 1,896 | 9.0% | $5442 |
| Streets in Hampton Area | Homeowners Insurance Cost |
|---|---|
| Hermitage Pl, Buffalo Dr, Eastfield Ct, Szetela Ct, Westwood Ave, Norris Ct, Blue Run Cir, Dane Ct, Clemwood Pkwy, 82nd St | $719 |
| Eberly Ter, Kenneth St, Cronin Dr, Stevens Ct, Burns St, Harlequin Dr, Leicester Ter, Newmarket Dr, Redford Rd, Banks Ln | $720 |
| Pocahontas Pl, Gold Cup Rd, Tripp Ter, Hardy Cash Dr, Hannah St, Hampshire Dr, Cumberland Ave, Dare Ave, Fruitwood Dr, McGivney Ln | $718 |
| Seward Dr, Laurel Dr, Womack Dr, Exeter Ct, Azalea Dr, Roxbury Ter, Bowen St, Brightwood Ave, Vienna Ct, Dodd Blvd | $None |
| S Willard Ave, Murray Ave, Old Point Ave, Glenhaven Dr, Chichester Ave, Walters Ln, Maroney Ln, Baker Farm Dr, Hammond Ave, Ridgecrest Dr | $717 |
| Orange Plank Rd, Raymond Dr, Erskine St, Delmont Ct, Shady Grove Pl, Reynolds Dr, Doolittle Rd, Welcome Way, Royston Dr, 36th St | $736 |
| Pennwood Dr, Lookout Pass, 50th St, Ascot Ct, Brantleys Trce, Timothy Dell, N Walker Rd, Frissell Ave, Georgia St, N 2nd St | $718 |
| Libby St, Pavilion Pl, Cedar Dr, Salt Pond Rd, Wendell Dr, Hampton Roads Ave, Noble Rd, Trinity Ln, Churchill Ter, Heffelfinger St | $751 |
| Vista Point Dr, Sweeney Ln, Patterson Ave, Angus Ln, Emory Way, Murray St, Ida St, E Walker Rd, Oyster Shell Ln, Marshall St | $720 |
| Mary St, Coliseum Dr, Beverly St, Linden Ave, Bernard Ave, Reese Dr, Scollin Cir, River Walk Ct, Phelps Cir, N Greenfield Ave | $733 |
| Place | Savings For Senior Occupied Homes |
|---|---|
| Hampton | $109 to $111 |
| Poquoson | $114 |
| Norfolk | $109 |
| York County | $115 |
| Low Deductible | High Deductible | |
|---|---|---|
| Deductible | $1,900 | $4,900 |
| Yearly Hampton Homeowner Insurance Premium Example | $1,700 | $1,200 |
| Out of Pocket Expense During Claim | $1,900 | $4,900 |
| Total Home Insurance Premium for 8 years + Out of Pocket Expense for Claim | $15,500 | $14,500 |
| Net Savings to Hampton Home Owner from High Deductible Plan | $1,000 | |
| Scenario | Hampton, VA Home Replacement Value MORE than Home Value | Hampton, VA Home Replacement Value LESS than Home Value |
|---|---|---|
| Replacement Value | $175,500 | $127,500 |
| Insurance Premium based on Replacement Value | $1,025 | $750 |
| Risk Exposure from Under Insuring Coverage | Unnecessary Home Insurance Coverage of $24,000 | Risk Exposure from Under Insuring Coverage is $24,000 |
| Premium Impact | Insurance cheaper by $125/year | Insurance costlier by $150/year |
| Insurance Company | Allstate | Farmers Insurance | Nationwide Insurance |
| Monthly Premium | 40 | 87 | 167 |
| Year Built | 1982 | 1974 | 1994 |
| Home Details | 3 Beds, 1 Baths | 4 Beds, 1 Baths | 5 Beds, 3 Baths |
| Coverage Amount | $175000-$200000 | $250000-$300000 | $400000-$500000 |
| Deductible | > $10,000 Deductible | $500- $1000 Deductible | $500- $1000 Deductible |