Martinsville Insurance Rates:

Martinsville, VA homeowners insurance is about $590 to $799, about $49-$66/month. Our exhaustive guide reveals consumers can save as much as $277 by comparing different quotes. Enter your zipcode below and click “GO” to get multiple free quotes.

Compare Quotes from Top Providers and Save now!

Martinsville, VA Homeowners Insurance By Home Value

Martinsville, VA Home Value Total Homes % of Total Average Martinsville, VA Homeowners Insurance
Less than $50,000 423 12.0% $194
$50,000 to $59,999 299 9.0% $409
$60,000 to $69,999 360 10.0% $506
$70,000 to $79,999 364 11.0% $582
$80,000 to $89,999 263 8.0% $666
$90,000 to $99,999 171 5.0% $742
$100,000 to $124,999 226 6.0% $860
$125,000 to $149,999 214 6.0% $1075
$150,000 to $174,999 223 6.0% $1276
$175,000 to $199,999 202 6.0% $1471
$200,000 to $249,999 183 5.0% $1769
$250,000 to $299,999 227 6.0% $2165
$300,000 to $399,999 123 3.0% $2748

Top Home Insurance Agents Near Martinsville, VA

Home Insurance Company Near Martinsville, VA Homeowners Insurance Agency Near Martinsville, VA Address
Nationwide Brandon Scearce Insurance Agency Inc 140 Tower Dr, Danville, VA, 24540
Travelers Burch-Hodges-Stone Inc 231 E CHURCH ST, MARTINSVILLE, VA, 24112
Allstate Carl Priddy 131 Allen St, Kernersville, NC, 27284
Travelers Eia - The Madison Group 101 W ACADEMY STREET, MADISON, NC, 27025
Travelers John Alderson Agency Inc 1215 ROANOKE RD STE 101-102, DALEVILLE, VA, 24083

Cost Of Homeowners Insurance By Street Near Martinsville, VA

Streets in Martinsville Area Homeowners Insurance Cost
C St, Hickory, James St, Montgomery St, Stratford Ct, W Church St, Fisher St, Highland Ridge, Fisher St, Townes Ave$689
State Rte 1631, Independence Dr, Spring St, State Rte 457, F St, Warren Ct, English St, Melody Ct, Tank St, Sam Lions Trl$689
Banner St, River Forest Pl, Royal Dr, Rahlway St, Armstead Ave, Fairy St, Bridge St N, Moss St S, Union St, Summit St$696
Watt St, Spencer St, D St, Short St, Lakemont Ct, Middle St, US Hwy 58 Bus, Tuckahoe Pl, Beverly Way, Wall St$688
College St, Harris Dr, Walnut St, Sycamore St, Memorial Blvd S, Lesters Ln, View St, Sutherlin St, Blue Ridge St, US Hwy 58 Bus$693

Martinsville, VA Home Insurance Savings For Senior Occupied Homes

PlaceSavings For Senior Occupied Homes
Martinsville$103 to $106
Villa Heights$104
Collinsville$105
Chatmoss$108

Martinsville, 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
Villa Heights CDP, Virginia $104 $139 $209
Collinsville district, Henry County, Virginia $105 $140 $210
Chatmoss CDP, Virginia $109 $145 $218

Martinsville, VA Area Home Insurance as a % of Housing Cost

PlaceHome insurance as a % of housing cost for homes with mortgageHome insurance as a % of housing cost for homes without mortgage
Martinsville, VA6.0%15.6%
Villa Heights8.25%16.23%
Collinsville6.66%20.24%
Chatmoss4.36%19.81%

Martinsville Renters Insurance as a Percentage of Rent

Martinsville Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
Less than $200 103 4.0% $358
$200 to $299 129 5.0% $808
$300 to $499 708 28.0% $1258
$500 to $749 1,147 45.0% $1933
$750 to $999 295 11.0% $2683
$1,000 to $1,499 83 3.0% $3808
$1,500 or more 46 1.0% $5458

Martinsville, VA Home Insurance Costs With Deductible Scenario

Low DeductibleHigh Deductible
Deductible$500$1,500
Yearly Martinsville Homeowner Insurance Premium Example $900$700
Out of Pocket Expense During Claim$500$1,500
Total Home Insurance Premium for 8 years + Out of Pocket Expense for Claim $7,700$7,100
Net Savings to Martinsville Home Owner from High Deductible Plan $600

Martinsville, VA Home Insurance Costs With Home Replacement Value Scenarios

Scenario Martinsville, VA Home Replacement Value MORE than Home Value Martinsville, VA Home Replacement Value LESS than Home Value
Replacement Value $183,000 $145,000
Insurance Premium based on Replacement Value $875 $700
Risk Exposure from Under Insuring Coverage Unnecessary Home Insurance Coverage of $20,000 Risk Exposure from Under Insuring Coverage is $18,000
Premium Impact Insurance cheaper by $75/year Insurance costlier by $100/year

Example Martinsville Homeowners Insurance Comparison Table to Compare The Cheapest Quotes

Insurance Company AllstateChubb Group of InsuranceLiberty Mutual
Monthly Premium 346566
Year Built 195419841942
Home Details 3 Beds, 1 Baths4 Beds, 2 Baths5 Beds, 3 Baths
Coverage Amount $100000-$125000$200000-$250000$300000-$350000
Deductible $500- $1000 Deductible$2500-$5000 Deductible$5000 to $10,000 Deductible

Sample Home Insurance Rates for Martinsville, VA from Consumer Reviews & Surveys

Year Built Home Value Roof Type Sqft Number of Bedrooms Deductible Premium Premium Months Siding Type Smoker/Non Smoker
1976 140,000 Asphalt Shingles Roof 2,620 5 $2500-$5000 Deductible 80 2 Vinyl siding No
1989 175,000 Metal Roof 2,660 4 $500- $1000 Deductible 430 7 Stone Siding No
1988 115,000 Asphalt Shingles Roof 1,630 3 $1000-$2500 Deductible 340 10 Brick siding yes
1973 100,000 Asphalt Shingles Roof 1,630 3 $2500-$5000 Deductible 270 10 Vinyl siding No
1988 195,000 Composition Roof 2,970 4 $500- $1000 Deductible 590 6 Stone Siding No
1949 115,000 Composition Roof 2,120 3 $1000-$2500 Deductible 350 8 Wood siding yes
1941 165,000 Tile Roof 2,560 4 $500- $1000 Deductible 920 12 Stucco siding No
1955 180,000 Composition Roof 2,470 5 $5000 to $10,000 Deductible 30 1 Wood siding yes
1968 90,000 Composition Roof 1,670 3 $500 Deductible 180 5 Brick siding yes
1952 130,000 Composition Roof 1,960 5 $1000-$2500 Deductible 240 7 Wood siding yes
1955 275,000 Wood Shake Roof 3,740 5 $500- $1000 Deductible 1140 10 Fiber-Cement Siding No
1980 105,000 Metal Roof 1,570 3 $500- $1000 Deductible 420 12 Fiber-Cement Siding yes
1996 290,000 Slate Shingles Roof 4,520 5 $5000 to $10,000 Deductible 750 9 Wood siding No
1953 120,000 Shingles Roof 1,760 4 $500- $1000 Deductible 360 9 Stone Siding No
1948 115,000 Slate Shingles Roof 1,540 3 $500 Deductible 110 3 Stucco siding No
1994 250,000 Wood Shake Roof 4,830 5 $1000-$2500 Deductible 240 3 Fiber-Cement Siding yes
1961 260,000 Slate Shingles Roof 4,970 5 $5000 to $10,000 Deductible 120 2 Wood siding No
1979 125,000 Composition Roof 1,960 4 $500- $1000 Deductible 50 1 Fiber-Cement Siding yes
1972 355,000 Metal Roof 4,660 5 $1000-$2500 Deductible 380 3 Brick siding yes
1980 130,000 Composition Roof 2,310 3 $500- $1000 Deductible 620 9 Stucco siding No
1991 185,000 Asphalt Shingles Roof 3,050 4 $5000 to $10,000 Deductible 290 6 Brick siding yes
1960 270,000 Shingles Roof 3,700 5 $5000 to $10,000 Deductible 590 9 Vinyl siding No
1950 175,000 Shingles Roof 2,340 3 $500 Deductible 520 6 Vinyl siding No
1949 125,000 Composition Roof 1,800 3 $1000-$2500 Deductible 320 9 Brick siding No
1954 85,000 Composition Roof 1,330 3 $500- $1000 Deductible 190 10 Brick siding No
1961 105,000 Shingles Roof 1,420 3 $2500-$5000 Deductible 360 12 Stucco siding No
1970 155,000 Asphalt Shingles Roof 2,930 4 $2500-$5000 Deductible 270 6 Wood siding No
1974 115,000 Membrane Roof 1,690 3 $2500-$5000 Deductible 40 1 Wood siding yes
1975 110,000 Slate Shingles Roof 1,780 5 $1000-$2500 Deductible 450 10 Wood siding No
1996 215,000 Shingles Roof 3,200 4 > $10,000 Deductible 40 1 Fiber-Cement Siding yes
1947 110,000 Shingles Roof 2,080 3 $500 Deductible 340 8 Stucco siding No
1971 100,000 Wood Shake Roof 1,310 3 $500 Deductible 280 6 Wood siding yes
1940 160,000 Shingles Roof 2,580 4 $500- $1000 Deductible 110 2 Stucco siding No
1965 145,000 Tile Roof 1,980 4 $1000-$2500 Deductible 110 3 Brick siding No