"While costs in the Gulf Coast and Florida are among the nation's highest, new data from the U.S. Census Bureau and the 2025 Climate Risk Report show that Virginia households remain relatively insulated from the steepest affordability pressures. According to the American Community Survey (ACS) data from the U.S. Census Bureau, Virginia homeowners with a mortgage typically pay $1,000-$1,499 annually for homeowners insurance, while those without a mortgage average the same $1,000-$1,499. Overall statewide costs also fall into the $1,000-$1,499 range."
"Compared with nearby states, Virginia is among the most affordable. Maryland homeowners with a mortgage also average $1,000-$1,499, while Pennsylvania's non-mortgaged households pay even less, at $800-$999. North Carolina falls into the $1,000-$1,499 range, while Delaware is slightly cheaper for non-mortgaged households, averaging $800-$999. By contrast, New Jersey and New York homeowners with a mortgage average $1,000-$1,499, keeping Virginia in line with its Mid-Atlantic peers."
Virginia homeowners with and without a mortgage typically pay $1,000–$1,499 annually for homeowners insurance, and statewide averages fall in the same range. The state has 2,315,258 insured homeowner households, including 1,522,866 with a mortgage and 792,392 without. Among mortgaged owners, 133,536 pay less than $100 annually and 81,456 pay $4,000 or more; among non-mortgaged owners, 138,801 pay less than $100 and 32,514 pay $4,000 or more. Compared with neighboring states, Virginia’s insurance costs are generally affordable, while Gulf Coast and Florida costs rank among the nation’s highest.
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