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Virginia Home Insurance Estimator โ€” Updated 2026

State abbreviation: VA

Homeowners insurance in Virginia averages $1,440/year, depending on home value, location (wildfire/flood zones), age, and coverage limits. For a home valued at $435,000, you should budget 0.33% of its value annually for insurance. Insurance costs here are near or below the national average.

Virginia Financial Data (2026)

State Tax Rate
5.75%
Property Tax Rate
0.82%
Median Home Price
$435,000
Avg Insurance Cost
$1,440/year
Cost of Living Index
108
State Abbreviation
VA