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Home Insurance Costs with Deductible Scenarios in Norfolk, VA & Nearby Areas

Place Name/Near by place Typical Insured Amount ($) High Deductible($)
($2500)
Low Deductible($)
($500)
Norfolk, VA $194800 $599 $824
Norfolk, VA $194800 $599 $824
Carrollton, VA $278500 $702 $966
Chesapeake, VA $260900 $660 $909
Hampton, VA $186600 $588 $809
Newport News, VA $189300 $591 $814
Poquoson, VA $316800 $618 $851
Newport, VA $296100 $603 $829
Virginia Beach, VA $267300 $665 $915
Dendron, VA $150200 $539 $741

Impact of Coverage Amount on Home Insurance Cost In Norfolk, VA

Coverage Amount Home Insurance Cost ($)
$100,000 $361
$200,000 $1,295
$300,000 $1,710
$400,000 $2,135
$500,000 $2,733
$750,000 to $1000,000 $3,160
Above $1000,000 $3,736


Norfolk, VA Homeowners Insurance Rates Compared to State & National Average Rates

Average Home Insurance Cost($)
National Average $1224
Norfolk, VA Average Home Insurance Cost$834.2
State Average Home Insurance Cost$952
Difference Vs national Average-389.8

Top Homeowners Insurance Companies in Norfolk, VA

Insurance Provider Average Homeowners Insurance Cost($)
Nationwide $1,025
Safeco $993
Safeco $993
Travco $851

Norfolk, VA Home Insurance Discounts For Different Number of Claims

Type Discount/Extra Cost in ($) Premium After Claim Payout ($)
Claim Free -108 726
One Claim +42 876
Two Claims +100 934