Homeowner Insurance Costs in Norfolk city, VA

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

Est. Annual Premium

$1,398

Monthly Cost

$117

Median Home Value

$254,200

% of Income

2.3%

Typical Coverage Breakdown

Coverage Amounts

Dwelling (Coverage A)$254,200
Personal Property (C)$127,100
Liability (E)$300,000
Deductible$2,542

Cost Context

Homeownership Rate44.8%
Median Income$60,998
Property Tax Rate1.0%
Population236,973

About Insurance in Norfolk city

Homeowner insurance in Norfolk city, Virginia costs an estimated $1,398 per year for a median-value home of $254,200. This represents approximately 2.3% of the median household income of $60,998.

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.