Homeowner Insurance Costs in Martinsville city, VA

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

Est. Annual Premium

$455

Monthly Cost

$38

Median Home Value

$82,800

% of Income

1.2%

Typical Coverage Breakdown

Coverage Amounts

Dwelling (Coverage A)$82,800
Personal Property (C)$41,400
Liability (E)$300,000
Deductible$828

Cost Context

Homeownership Rate54.5%
Median Income$39,127
Property Tax Rate0.9%
Population13,539

About Insurance in Martinsville city

Homeowner insurance in Martinsville city, Virginia costs an estimated $455 per year for a median-value home of $82,800. This represents approximately 1.2% of the median household income of $39,127.

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.