Homeowner Insurance Costs in Franklin city, VA

How much does homeowner insurance cost in Franklin city? Here's what to expect.

Est. Annual Premium

$1,088

Monthly Cost

$91

Median Home Value

$197,900

% of Income

1.9%

Typical Coverage Breakdown

Coverage Amounts

Dwelling (Coverage A)$197,900
Personal Property (C)$98,950
Liability (E)$300,000
Deductible$1,979

Cost Context

Homeownership Rate55.6%
Median Income$57,537
Property Tax Rate0.7%
Population8,194

About Insurance in Franklin city

Homeowner insurance in Franklin city, Virginia costs an estimated $1,088 per year for a median-value home of $197,900. This represents approximately 1.9% of the median household income of $57,537.

Actual premiums depend on your home's age, construction type, claims history, credit score, proximity to fire stations, and specific peril exposures. Use our calculator for a personalized total cost of risk analysis with peril-by-peril breakdown.

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Other Counties in Virginia

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: Insurance Information Institute, state insurance departments. Estimates are county-level approximations. This is not insurance advice.