Newport News ,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 Newport News, 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 Newport News, VA is $1420. Enter your zipcode below and click “GO” to get multiple free quotes.
It is important to understand the different coverage options available in Newport News, VA. VHome Insurance will help you navigate the world of homeowners insurance coverages in Newport News, VA.
| Coverage Level | Average Annual Premium |
|---|---|
| $100,000 | $568 |
| $200,000 | $966 |
| $300,000 | $1,193 |
| $400,000 | $1,818 |
| $500,000 | $2,286 |
Home insurance costs in Newport News 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 |
|---|---|
| 023606 | $1,367 |
| 23602 | $1,353 |
| 23603 | $1,366 |
| 23608 | $1,344 |
| 23601 | $1,343 |
| 23605 | $1,316 |
| 23607 | $1,302 |
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 Newport News, VA, and how to choose the right one for your needs.
| Deductible Level | Average Annual Premium |
|---|---|
| $500 Deductible | $1,456 |
| $1000 Deductible | $1,302 |
| $1500 Deductible | $1,228 |
| $2500 Deductible | $1,108 |
| $5000 Deductible | $937 |
| Home Insurance Company Near Newport News, VA | Homeowners Insurance Agency Near Newport News, VA | Address |
|---|---|---|
| NA | Owen Insurance Agency, Llc | 507 N 4Th Avenue, Hopewell, VA, 23860 |
| Travelers | Insurance Agency Services Llc | 23507 JERUSALEM RD, COURTLAND, VA, 23837 |
| Allstate | Logan Wease | 107 Bulifants Blvd Ste C, Williamsburg, VA, 23188 |
| Nationwide | Robertson Insurance Agency Co. | 3213 Virginia Beach Blvd, Virginia Beach, VA, 23452-5725 |
| State Farm | Ronnie Vigneault | 211 E City Hall Ave Ste 14, Norfolk, VA, 23510-1727 |
| Place | 1 Car Bundle Savings On Insurance | 2 Car Bundle Savings On Insurance | 3 Car Bundle Savings On Insurance |
|---|---|---|---|
| Newport district, Isle of Wight County, Virginia | $95 | $127 | $190 |
| Rushmere CDP, Virginia | $92 | $123 | $184 |
| Smithfield town, Virginia | $94 | $125 | $188 |
| Place | Home insurance as a % of housing cost for homes with mortgage | Home insurance as a % of housing cost for homes without mortgage |
|---|---|---|
| Newport News, VA | 4.0% | 12.3% |
| Newport | 3.21% | 12.83% |
| Rushmere | 4.99% | 15.91% |
| Smithfield | 3.41% | 13.51% |
| Newport News Home By Monthly Rent | Total Homes | % of Total | Estimated Monthly Income To Afford Rented House Including Renters Insurance |
|---|---|---|---|
| Less than $200 | 1,103 | 3.0% | $340 |
| $200 to $299 | 1,073 | 3.0% | $790 |
| $300 to $499 | 1,594 | 4.0% | $1240 |
| $500 to $749 | 4,265 | 12.0% | $1915 |
| $750 to $999 | 9,980 | 30.0% | $2665 |
| $1,000 to $1,499 | 11,251 | 34.0% | $3790 |
| $1,500 or more | 3,560 | 10.0% | $5440 |
| Streets in Newport News Area | Homeowners Insurance Cost |
|---|---|
| Polly Ct, Topsider Ct, Gunby Rd, Cameron Dr, Sea Pine Ln, Hardwick Rd, Garland Dr, Hughes Dr, Traverse Rd, Triton Ct | $735 |
| Lowry Pl, Dana Cir, Cherbourg Dr, 50th St, Mainsail Dr, Sandra Dr, Marina Ln, Patton Ave, Pendleton St, Lake Forest Dr | $738 |
| Wilson Ln, Sparrow Ct, Brookfield Dr, de Gaule St, Stony Ridge Ct, Radcliff Ln, Wilderness Way, State Rte 171, E Governor Dr, Sternberg Ave | $None |
| Towne Square Dr, Miles Cary Rd, Westport Cres, Marcus Dr, Barney Ct, Spring Trace Ln, Owens Rd, Hudson Pl, Jacobs la, Milford Rd | $771 |
| Waverly Pl, Turlington Rd, Westover Rd, Morrison Ave, Commodore Dr E, Woodfin Rd, Loyal Ln, Belvedere Dr, Nantucket Pl, Nadine Pl | $749 |
| Cole Ln, Sheffield Way, May Ct, Monica Dr, State Rte 152, Westview Dr, Poindexter Pl, Ridgewood Pkwy, Brenda Rd, Industrial Park Dr | $735 |
| Henry Lee Rd, 14th St, Mistletoe Dr, Charles St, Tindall Ct, 13th St, Bernardine Dr, Meeting Rd, Lou-Mac Ct, Lighthouse Way | $778 |
| Center St, Belle Cir, Chandler Pl, Citation Dr, Pine Mill Ct, Spur Dr, Brighton Cir, Hancock Dr, Mandy Trl, Myles Ct | $741 |
| Wilmont Ln, 17th St, Finch Pl, Wreck Shoal Dr, Friedman Pl, Darrington Ct, Pennington Ave, Ashford Pl, Cedar Ave, 31st St | $739 |
| de Vol Dr, Drake Ct, Selkirk Dr, Wendwood Dr, Liberty Cir, S Cedar Ct, Gilford Ct, Lancaster Ln, Mac Neil Dr, Normill Lndg | $740 |
| Place | Savings For Senior Occupied Homes |
|---|---|
| Newport News | $109 to $111 |
| Newport | $114 |
| Rushmere | $110 |
| Smithfield | $112 |
| Low Deductible | High Deductible | |
|---|---|---|
| Deductible | $1,000 | $3,000 |
| Yearly Newport News Homeowner Insurance Premium Example | $1,300 | $900 |
| Out of Pocket Expense During Claim | $1,000 | $3,000 |
| Total Home Insurance Premium for 8 years + Out of Pocket Expense for Claim | $11,400 | $10,200 |
| Net Savings to Newport News Home Owner from High Deductible Plan | $1,200 | |
| Scenario | Newport News, VA Home Replacement Value MORE than Home Value | Newport News, VA Home Replacement Value LESS than Home Value |
|---|---|---|
| Replacement Value | $361,500 | $207,000 |
| Insurance Premium based on Replacement Value | $1,700 | $975 |
| Risk Exposure from Under Insuring Coverage | Unnecessary Home Insurance Coverage of $84,500 | Risk Exposure from Under Insuring Coverage is $70,000 |
| Premium Impact | Insurance cheaper by $325/year | Insurance costlier by $400/year |
| Insurance Company | GEICO Insurance | Farmers Insurance | Chubb Group of Insurance |
| Monthly Premium | 39 | 135 | 153 |
| Year Built | 1988 | 2000 | 1970 |
| Home Details | 2 Beds, 1 Baths | 5 Beds, 3 Baths | 4 Beds, 3 Baths |
| Coverage Amount | $100000-$125000 | $400000-$500000 | $400000-$500000 |
| Deductible | $1000-$2500 Deductible | $1000-$2500 Deductible | $1000-$2500 Deductible |