Best & Cheapest Homeowners Insurance in Arlington, VA May, 2024
In Arlington, Nationwide offers the most affordable home insurance option for homeowners, with an average annual quote of $877.
In our thorough assessment of home insurance providers in Arlington, Virginia, Nationwide emerges as the most budget-friendly option, with an average yearly rate of $877. However, it’s essential to recognize that the best insurer for you may vary based on your specific circumstances and needs.
For instance, if you own a newly constructed home, Travelers offers the most cost-effective solution at $434 per year. Additionally, if your credit score has been negatively impacted, Travelers presents the most economical choice with an average annual premium of $1,409.
Moreover, if you have valuable personal belongings requiring protection, Nationwide once again proves to be the top choice, offering extensive coverage at a reasonable rate of $1,082 per year.
Our detailed analysis at Insuranceopedia aims to assist you in finding the perfect match for your home insurance needs. By comparing customer ratings, evaluating personal experiences, and providing comparison charts, we strive to give you all the information necessary to make a well-informed decision.
How much is homeowners insurance in Arlington, VA?
In Arlington, Virginia, Nationwide offers the most affordable homeowners insurance rate at $877 per year.
| Area | Average Monthly Rate |
| National | $1,820 |
| Virginia | $2,062 |
| Arlington | $1,005 |
It’s essential to understand that insurance rates are not consistent and can vary significantly based on several factors.
Cheapest Homeowners Insurance in Arlington, VA
Our Methodology
To identify the most affordable home insurance rates in Arlington, we analyzed data from various home insurance review platforms, including rates sourced from public filings obtained by Quadrant Information Services. We calculated an average of these rates for our review. However, it's important to note that rates from each company can change regularly and may vary based on your individual circumstances. Additionally, our comprehensive rating incorporates my subjective opinion, drawn from fifteen years of experience as a licensed insurance agent and over three decades of purchasing home insurance.
Quotes Analyzed
Years Of Industry Experience
Brands Reviewed
Research Hours
Cheapest Homeowners Insurance in Arlington, VA
Nationwide offers the most budget-friendly option for homeowners insurance in Arlington, Virginia, with an average annual rate of $877.
| Company | Annual Premium |
| Nationwide | $877 |
| Chubb | $1,046 |
| State Farm | $1,085 |
| Allstate | $1,130 |
| Auto-Owners | $1,174 |
The price of your insurance policy is influenced by various factors such as your location, home value, and claims history. Nationwide offers a combination of affordability and comprehensive coverage, striking a balance suitable for homeowners’ needs.
Cheapest Homeowners Insurance for Newly Constructed Homes
For newly constructed homes, Travelers offers the most cost-effective option, with an average annual rate of $434.
| Insurance Company | Average Annual Premium |
| Travelers | $434 |
| Nationwide | $570 |
| State Farm | $814 |
| Allstate | $865 |
| Auto-Owners | $880 |
Newly constructed homes often require different coverage compared to older ones, and Travelers is known for offering affordable policies customized to meet these specific requirements.
Cheapest Homeowners Insurance If You Have Poor Credit
If you have a poor credit score, Travelers offers the most affordable solution, with an average annual rate of $1,409.
| Insurance Company | Average Annual Premium |
| Travelers | $1,409 |
| Nationwide | $1,580 |
| Allstate | $2,171 |
| State Farm | $2,436 |
| Farmers | $5,364 |
Your credit score plays a significant role in determining your insurance rates as insurers use it to assess risk. Travelers recognizes the importance of providing fair coverage to all individuals, regardless of their financial background.
Cheapest Home Insurance Rates for Lots of Personal Property
If you own a substantial amount of personal property, Nationwide offers the most affordable rates, averaging $1,082 annually.
| Insurance Company | Average Annual Premium |
| Nationwide | $1,082 |
| State Farm | $1,120 |
| Allstate | $1,200 |
| Chubb | $1,305 |
| Farmers | $2,180 |
As your personal property increases, your coverage needs may also rise, potentially leading to higher premiums. However, Nationwide provides comprehensive coverage at reasonable rates, ensuring that all your belongings are adequately protected.
Best Homeowners Insurance Companies in Arlington, VA
Choosing the right homeowners insurance isn’t just necessary; it’s a strategic decision. With Arlington’s rich history, its homes are as unique as its residents. Therefore, finding an insurance provider that offers comprehensive coverage at competitive rates becomes crucial.
To simplify your decision-making process, we’ve compiled a list of the top homeowners insurance companies in Arlington, VA. These companies have been evaluated based on criteria such as annual premiums, coverage options, customer satisfaction ratings, and overall reliability. Take a look at our comparison chart below to find the perfect match for your home insurance needs.
| Company | Annual Premium | |
| 1. | Nationwide | $877 |
| 2. | Chubb | $1,046 |
| 3. | State Farm | $1,085 |
| 4. | Allstate | $1,130 |
| 5. | Auto-Owners | $1,174 |
| 6. | MetLife | $840 |
| 7. | ASI | $943 |
| 8. | Farmers | $2,099 |
Average Home Insurance Rates by Zip Codes
The cost of homeowners insurance in Arlington, VA can vary significantly based on the zip code. Below are tables displaying rates for different zip codes in Arlington, including the cheapest and most expensive zip codes in the area for annual home insurance premiums.
| ZIP Code | Average Insurance Premium (Annual) |
| 22205 | $1,237 |
| 22207 | $1,240 |
| 22209 | $1,221 |
| 22214 | $1,305 |
| 22201 | $1,295 |
| 22206 | $1,278 |
Cheapest Zip Codes
| ZIP Code | Average Insurance Premium (Annual) |
| 22213 | $1,250 |
| 22205 | $1,237 |
| 22207 | $1,240 |
Most Expensive Zip Codes
| ZIP Code | Average Insurance Premium (Annual) |
| 22201 | $1,295 |
| 22206 | $1,278 |
| 22214 | $1,305 |
Average Home Insurance Rates in Arlington, VA by Deductible Amount
The deductible amount you choose for your homeowners insurance policy has a significant impact on premium rates in Arlington, Virginia. Here’s a breakdown of how average home insurance rates vary depending on different deductible amounts:
| Deductible Amount | Average Annual Premium |
| $500 | $1,432 |
| $1,000 | $1,276 |
| $1,500 | $1,198 |
| $2,000 | $1,008 |
Average Home Insurance Rates in Arlington, VA By Coverage Amount
A crucial factor influencing your premium is the dwelling coverage amount, representing the maximum sum your insurance company will pay to rebuild or repair your home if it’s damaged or destroyed.
Here is a comparison chart illustrating the average annual homeowners insurance premiums for various dwelling coverage amounts.
| Dwelling Coverage Amount | Average Annual Premium |
| $200,000 | $920 |
| $250,000 | $1,140 |
| $300,000 | $1,288 |
| $350,000 | $1,452 |
| $400,000 | $1,608 |
Average Home Insurance Rates in Arlington, VA by Company
Below is a comparison of annual premiums from top insurance providers in Arlington.
| Company | Annual Premium |
| Nationwide | $877 |
| Chubb | $1,046 |
| State Farm | $1,085 |
| Allstate | $1,130 |
| Auto-Owners | $1,174 |
| MetLife | $840 |
| ASI | $943 |
| Farmers | $2,099 |
How Much is Homeowners Insurance for Other Cities in Virginia?
Here’s a comprehensive comparison chart displaying the most affordable annual premiums across various cities in Virginia.
| City | Annual Premium |
| Virginia Beach | $2,247 |
| Norfolk | $2,262 |
| Chesapeake | $2,084 |
| Fairfax | $1,020 |
Getting Online Homeowners Insurance Quotes in Virginia
With helpful platforms like Insuranceopedia, finding the ideal coverage for your specific needs is just a few clicks away. By providing quick online quotes from a variety of top-rated insurers, Insuranceopedia allows you to easily compare rates.
Simply enter your information, and let us handle the rest by presenting you with a range of options tailored to your needs. This empowers you to confidently choose a policy that offers the best value, striking the right balance between cost and comprehensive coverage.
FAQs
Who has the cheapest home insurance in Arlington, VA?
Nationwide provides the best-value home insurance in Arlington, Virginia, priced at $877 per year.
What is the average cost of home insurance in Arlington, VA?
Typically, homeowners insurance in Arlington, Virginia, averages around $1,005 per year.
Sources
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