Richmond Insurance Rates:

Richmond, VA homeowners insurance is roughly $618 to $839, about $51-$69/month. Our in depth research indicates shoppers can save as much as $291 by getting many quotes. Enter your zipcode below and click “GO” to get multiple free quotes.

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Latest Home Insurance Reviews

Allstate
I like them overall but I would be open to trying out a different company if they offered better rates.
National General
I like that I get to work with one person from start to finish. I like that almost everything is covered for a reasonable price and I like the communication they have with me.
Progressive
Progressive is a well-known company with pretty comparative rates. they are offered in most places, therefore even when i moved from ny to nj, i was able to avoid the hassle of looking for a new company to get insured.
State Farm
State farms does not always keep the insured customer informed on things that may need to do to keep their rate low
Farmer's Insurance
I really wish that they were able to bundle my car insurance. It would be easier to just make one payment plus save me some money
Goodville Mutual
I would recommend goodwill to anyone for their home insurance. i don't have one negative comment to say about them.
Progressive
I cannot think of anything that I specifically dislike. They're phone service may be a bit slow at times when trying to contact them. It may be a bit corporate in some cases.
Farmer's Insurance
I have found that FARMERS rates have been very competitive against other carriers and with bundled coverage has been able to save me a few hundred dollars per year.
Progressive
Progressive's website is fairly standard. It is easy to use and easy to find information about my policy. I have never used the mobile app so I cannot evaluate that.
State Farm
I always forget my password and sometimes I cannot get it reset without calling. That is my least favorite part of the site. Otherwise, I can find out anything I want about my accounts. I can even change some aspects of my insurances.
Prudential
There is nothing I can really say that I do or do not like about my insurance company. I can say that I like the plan they offered me for being a new homeowner.
Erie Insurance
THE APP IS EASY TO USE BUT I ALWAYS HAVE TO PUT THE POLICY NUMBER IN BEFORE I LOOK AT MY SPECIFIC ACCOUNT SO I ALWAYS HAVE TO BE PREPARED WITH THE INFORMATION WHICH CAN SOMETIMES BE A CHALLENGE TO FIND IN THE MESS THAT IS MY OFFICE.
State Farm
I cannot recall a bad experience with the company. There was a rep that I didn't enjoy talking too because she would refuse to speak to me and only speak to my husband. I knew her from high school and we didn't get along but I spoke to her boss and they assist us a different rep. She was knowledgeable about the policy but her customer service to me sucked.
Erie Insurance
There are only two cons I have about this insurance company. One of which is the pricing. The other is that they are fairly strict. There was a time they wouldn't carry me (with sports) car under my parent's plan. It wasn't until a few years later after owning the car, they allowed me to get my own insurance through them.
Farmer's Insurance
I have always had great experiences with my insurance company, Farmers. Their customer service is exemplary and has handled every issue I've ever had in a short time. I would recommend them to anyone.
Erie Insurance
The company has provided me with a good policy and is competitive with everyone in the area. I like that they are reliable and always help me when problems arise.
State Farm
Overall I would not change much about the company. They are friendly, polite, and offer a competitive service compared to other providers.

Richmond, VA Homeowners Insurance By Home Value

Richmond, VA Home Value Total Homes % of Total Average Richmond, VA Homeowners Insurance
Less than $50,000 1,139 3.0% $87
$50,000 to $59,999 316 1.0% $189
$60,000 to $69,999 618 1.0% $233
$70,000 to $79,999 802 2.0% $269
$80,000 to $89,999 1,028 3.0% $306
$90,000 to $99,999 1,476 4.0% $342
$100,000 to $124,999 3,442 11.0% $400
$125,000 to $149,999 3,034 9.0% $503
$150,000 to $174,999 3,837 12.0% $590
$175,000 to $199,999 2,942 9.0% $685
$200,000 to $249,999 4,734 15.0% $823
$250,000 to $299,999 3,552 11.0% $1006
$300,000 to $399,999 4,149 13.0% $1283

Top Home Insurance Agents Near Richmond, VA

Home Insurance Company Near Richmond, VA Homeowners Insurance Agency Near Richmond, VA Address
State Farm Anthony Pressley Iv 10270 Staples Mill Rd, Glen Allen, VA, 23060-3064
Travelers Insurance Agency Services Llc 15971 GOODES BRIDGE RD, AMELIA, VA, 23002
State Farm John Patterson 10148 W Broad Street, Glen Allen, VA, 23060-6760
Liberty Mutual Mark Creason 15521 Midlothian Turnpike Suite 401, Midlothian, VA, 23113
Erie Williamsburg Insurance Assoc 211 Bulifants Blvd Suite C, Williamsburg, VA, 23188

Cost Of Homeowners Insurance By Street Near Richmond, VA

Streets in Richmond Area Homeowners Insurance Cost
E Ladies Mile Rd, Bemiss Ct, E Gladstone Ave, Terminal Ave, Exeter Rd, Veranda Ave, Dinwiddie Ave, Rosanell Ln, Dunbar St, Navy Hill Dr$701
Ruffin Rd, Piney Branch Rd, S Jefferson St, Milton St, Channing Ln, Culver Rd, Hickory St, Rustic Rd, Southern Pine Dr, Corbin St$757
Twyman Rd, Douglasdale Rd, Laveta Dr, Rosewood Ave, N 3rd St, Old Quarry Rd, Clarke Rd, Susten Ct, E Grace St, Belt Blvd$707
Maxwell Rd, Bainbridge St, Quicksall Ln, N 32nd St, Whitlone Dr, Chippenham Pkwy, Rosedale Ave, Beaumont Ave, S Harvie St, W Junaluska Dr$721
Salem St, Westchester Rd, 13th St, Margrave Ave, Silver Ave, Jessamine St, Rosewood Ave, Brady St, Redwood Ave, Montague Rd$750
Loudon St, Southampton Ave, Cedar Ln, Spicer Rd, N 19th St, W 31st St, Bunche Pl, S Shields Ave, Berrington Ct, W Martin's Grant Cir$760
York Rd, W Bacon St, Carter St, Granite Ave, Hampton St, Price St, Bellingham Ln, Beauchamp Ct, Smithdeal Ave, W 47th St$808
Peter Paul Blvd, Akron St, Custer St, W 9th St, Cedar St, W 44th St, Byrd Park Ct, Stonehurst Green, Goshen St, Lambeth Rd$738
Meadowbridge Rd, Carnation St, Green Ridge Dr, Linwood Ave, Collingbourne Rd, Ownby Ln, Channing Cir, State Rte 637, 2nd Ave, Keichtee Dr$704
S Auburn Ave, Mosby St, Walker St, W 24th St, Old Gun Rd, Fourqurean Ln, Chicago Ave, Rubimont Rd, Patsy Ann Dr, Stokes Ln$693

Richmond, VA Home Insurance Savings For Senior Occupied Homes

PlaceSavings For Senior Occupied Homes
Richmond$109 to $111
Manchester$109
Bon Air$110
Montrose$106

Richmond, 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
Manchester CDP, Virginia $109 $145 $218
Bon Air CDP, Virginia $110 $147 $221
Montrose CDP, Virginia $106 $141 $212

Richmond, 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
Richmond, VA3.9%11.1%
Manchester4.16%14.02%
Bon Air3.9%13.29%
Montrose5.06%15.8%

Richmond Renters Insurance as a Percentage of Rent

Richmond Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
Less than $200 2,544 5.0% $341
$200 to $299 1,991 4.0% $791
$300 to $499 2,426 5.0% $1241
$500 to $749 9,306 20.0% $1916
$750 to $999 13,859 30.0% $2666
$1,000 to $1,499 12,308 26.0% $3791
$1,500 or more 3,545 7.0% $5441

Richmond, VA Homeowners Insurance by Zip Code

Zip Code Median Home Value Median Homeowners Insurance
23221 $335,700 $780
23226 $286,000 $760
23220 $231,600 $750
23219 $227,300 $740
23236 $220,900 $740
23294 $200,500 $730
23225 $193,800 $740
23231 $189,500 $730
23237 $173,100 $730
23223 $159,000 $720
23222 $128,200 $710
23224 $125,000 $710

Richmond, VA Home Insurance Costs With Deductible Scenario

Low DeductibleHigh Deductible
Deductible$800$2,800
Yearly Richmond Homeowner Insurance Premium Example $1,300$900
Out of Pocket Expense During Claim$800$2,800
Total Home Insurance Premium for 8 years + Out of Pocket Expense for Claim $11,200$10,000
Net Savings to Richmond Home Owner from High Deductible Plan $1,200

Richmond, VA Home Insurance Costs With Home Replacement Value Scenarios

Scenario Richmond, VA Home Replacement Value MORE than Home Value Richmond, VA Home Replacement Value LESS than Home Value
Replacement Value $140,000 $108,000
Insurance Premium based on Replacement Value $575 $450
Risk Exposure from Under Insuring Coverage Unnecessary Home Insurance Coverage of $16,000 Risk Exposure from Under Insuring Coverage is $16,000
Premium Impact Insurance cheaper by $75/year Insurance costlier by $50/year

Example Richmond Homeowners Insurance Comparison Table to Compare The Cheapest Quotes

Insurance Company Amica Mutual Insurance CompanyNationwide InsuranceErie Insurance
Monthly Premium 915660
Year Built 197019561983
Home Details 4 Beds, 2 Baths3 Beds, 2 Baths2 Beds, 1 Baths
Coverage Amount $250000-$300000$200000-$250000$150000-$175000
Deductible $500- $1000 Deductible$5000 to $10,000 Deductible$500- $1000 Deductible

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

Year Built Home Value Roof Type Sqft Number of Bedrooms Deductible Premium Premium Months Siding Type Smoker/Non Smoker
1953 250,000 Metal Roof 2,150 5 $2500-$5000 Deductible 510 8 Wood siding No
1964 350,000 Shingles Roof 3,510 5 $500 Deductible 1200 7 Brick siding yes
1943 140,000 Tile Roof 1,230 2 $1000-$2500 Deductible 550 12 Stucco siding No
1981 145,000 Slate Shingles Roof 1,330 2 $500- $1000 Deductible 260 4 Stucco siding No
1957 290,000 Wood Shake Roof 3,030 5 $500 Deductible 700 6 Stone Siding No
1954 295,000 Wood Shake Roof 3,050 4 $1000-$2500 Deductible 480 5 Vinyl siding No
1944 190,000 Tile Roof 1,700 2 $2500-$5000 Deductible 910 12 Wood siding No
1953 155,000 Slate Shingles Roof 1,160 2 $1000-$2500 Deductible 270 5 Wood siding No
1952 115,000 Slate Shingles Roof 960 2 $2500-$5000 Deductible 230 8 Fiber-Cement Siding No
1949 165,000 Asphalt Shingles Roof 1,790 2 $500- $1000 Deductible 600 10 Fiber-Cement Siding yes
1950 330,000 Membrane Roof 3,090 4 $500- $1000 Deductible 470 4 Stucco siding yes
1970 130,000 Composition Roof 1,240 2 $500 Deductible 90 2 Fiber-Cement Siding No
1987 410,000 Wood Shake Roof 3,740 5 $500 Deductible 880 5 Vinyl siding No
1951 120,000 Membrane Roof 960 2 $1000-$2500 Deductible 70 2 Fiber-Cement Siding yes
1971 150,000 Wood Shake Roof 1,160 2 $1000-$2500 Deductible 490 12 Wood siding No
1969 425,000 Asphalt Shingles Roof 3,350 5 $1000-$2500 Deductible 1320 12 Brick siding yes
1981 115,000 Tile Roof 1,220 2 $500- $1000 Deductible 280 8 Stone Siding No
1962 310,000 Wood Shake Roof 3,090 4 $500 Deductible 1030 6 Stucco siding No
1941 235,000 Metal Roof 1,810 4 $500- $1000 Deductible 780 12 Stone Siding No
1962 260,000 Asphalt Shingles Roof 2,150 4 $500 Deductible 880 10 Stucco siding yes
1941 295,000 Membrane Roof 2,780 5 $2500-$5000 Deductible 530 8 Wood siding No
1955 220,000 Slate Shingles Roof 1,230 3 $500- $1000 Deductible 970 9 Brick siding No