Updated: December 15, 2024
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In Newport News, VA, Chubb is the best and cheapest choice for home insurance. It also comes out on top for excellent customer service.
Choosing the best inexpensive home insurance depends on what you value, such as costs or how a company helps when you have questions or problems.
Best HomeInsuranceNewport News, VTable of Contents
Why Trust MoneyGeek? We obtained data from the Virginia's Department of Insurance and Quadrant Information Services to find the top homeowners insurance in Newport News. Our picks rely on solid data and industry standards.
Home insurance premiums in Newport News represent the most competitive rates available as of September 2024.
MoneyGeek found that Chubb is the best option in Newport News, Virginia for home insurance with 100K dwelling coverage, boasting a MoneyGeek score of 99 out of 100. The scores for home insurance companies in Newport News, Virginia range from 45 to 99. These figures reflect MoneyGeek's scoring system, which evaluates insurers on different criteria like credit history and the age of your home.
| Chubb | 99 | $793 |
| Auto-Owners Insurance | 94 | $1,154 |
| State Farm | 89 | $856 |
| Nationwide | 79 | $1,362 |
| Farmers | 76 | $1,289 |
| Main Street America Insurance | 74 | $914 |
| Allstate | 69 | $1,405 |
| Travelers | 45 | $5,106 |
MoneyGeek found that Chubb is the best option in Newport News, VA, for $100K dwelling coverage. The two best overall home insurance companies in Newport News for $100K dwelling coverage are:
Chubb stands out as the best home insurance provider because it offers strong affordability and customer satisfaction.
Newport News, VA, homeowners have a choice among various companies, each offering different costs and service experiences. While affordability is key, other factors — such as customer support and coverage options — are important, especially when filing a claim.
Chubb is the best overall company with high scores in affordability and satisfaction. It offers valuable coverages like guaranteed replacement cost, which helps rebuild your home even if costs exceed your policy limit. Building ordinance or law coverage pays for updates to meet current codes. Cash settlement lets you choose not to rebuild and receive a cash payout instead.
Chubb also provides discounts like new home and home renovation, helping homeowners save. You can qualify for these discounts if your home is new or recently renovated.
MoneyGeek found that Chubb offers the best customer service in home insurance in Newport News, VA, especially for 100K dwelling coverage. Here are the top providers for this coverage level:
Chubb stands out as the best due to its high customer satisfaction score. homeowners should choose Chubb for its outstanding service and reliable coverage at an affordable price. Excellent service in home insurance involves quick claim handling and strong customer support.
Chubb is the best for service quality, with high scores in customer satisfaction and coverage. It offers comprehensive home insurance with Guaranteed Replacement Cost and Building Ordinance or Law coverages. You can save with discounts like new home and home renovation. For example, you get a discount if your home is renovated in the last 6 years.
Chubb's Guaranteed Replacement Cost helps rebuild your home even if costs exceed limits. Building Ordinance or Law covers updates to meet current codes. Cash Settlement lets you choose not to rebuild and get a cash payout. These coverages provide valuable protection for homeowners.
MoneyGeek found that Chubb is the best cheap home insurance company in Newport News, VA, for $100K dwelling coverage. The top two best cheap insurance providers for $100K dwelling coverage are:
Chubb stands out due to its high affordability score and customer satisfaction. Although cheap home insurance means lower charges, ensuring enough coverage is also crucial. In instances where saving on premiums is a priority, considering the most affordable homeowners insurance companies may be beneficial.
What sets the best cheap home insurance apart from the cheapest is its value for money, balancing cost with the coverage that meets a homeowner's needs without being expensive.
Chubb is the best cheap company, scoring high in affordability and satisfaction. It offers comprehensive home insurance with guaranteed replacement cost and building ordinance or law coverages. Guaranteed replacement cost helps rebuild your home after damage. Building ordinance or law pays for code upgrades during repairs. Cash settlement lets you choose a cash payout instead of rebuilding. These coverages provide valuable protection for your home.
Chubb also provides discounts like protective device, which requires security systems.
MoneyGeek’s home insurance calculator will give you a ballpark estimate of your cost — it’s free, no personal information required, no spam.
Rates updated:
Dec 24, 2024
Numerous factors, including location, affect homeowners insurance in Newport News. Comparing rates is the best way to save but can take time — up to 15 minutes per company. Comparing three or more means dedicating over an hour. Use MoneyGeek's home insurance calculator for quicker savings. Simply enter your age, dwelling coverage, credit score, deductible, liability coverage and other factors to get a rate estimate.
Chubb offers the best and cheapest home insurance in Newport News, VA. The following companies offer the lowest annual premiums in their respective dwelling coverage categories:
Chubb stands out due to its low cost and a high MoneyGeek score of 99. Main Street America Insurance offers the best value for both 250K and 500K dwelling coverages, balancing affordability and a MoneyGeek score of 86. Choosing the right amount of dwelling coverage is essential as it significantly affects the insurance premium.
Opting for the cheapest homeowners insurance in Virginia can help manage finances effectively.
| Chubb | $793 |
| State Farm | $856 |
| Main Street America Insurance | $914 |
| Auto-Owners Insurance | $1,154 |
| Farmers | $1,289 |
| Nationwide | $1,362 |
| Allstate | $1,405 |
| Travelers | $5,106 |
State Farm is the most affordable choice for high-value homes in Newport News, VA. High dwelling coverage is needed for these homes because home insurance costs tend to rise as it becomes more expensive to replace a home.
State Farm's low price stands out as the most affordable homeowners insurance option in Newport News, making it popular among residents. While cost is essential, the insurer also receives a high rating from MoneyGeek, suggesting that being the least expensive doesn't mean compromising quality.
| State Farm | $3,651 |
| Auto-Owners Insurance | $4,574 |
| Allstate | $4,690 |
| Chubb | $5,075 |
| Main Street America Insurance | $5,496 |
| Nationwide | $7,225 |
| Farmers | $7,391 |
| Travelers | $15,568 |
State Farm offers the cheapest home insurance for new homes requiring $100K in dwelling coverage in Newport News, VA.
State Farm stands out for its affordable premium of $491 per year for $100K dwelling coverage, making it the least costly choice in Newport News, VA. However, having the lowest rates may not equal the best service quality. When securing home insurance, ensuring adequate coverage for your property is essential.
| State Farm | $491 |
| Main Street America Insurance | $527 |
| Nationwide | $573 |
| Chubb | $579 |
| Farmers | $687 |
| Allstate | $839 |
| Auto-Owners Insurance | $841 |
| Travelers | $2,345 |
Securing the best cheap homeowners insurance is about finding a provider that delivers excellent customer service and comprehensive coverage at an affordable rate. Providers that achieve this balance offer peace of mind without breaking the bank, ensuring you are well protected from various risks to your home.
To guide you through the process, we outlined key factors to consider when seeking the best and most affordable homeowners insurance for your home.
To figure out how much home insurance you need, consider the specifics of your home — take into account the rebuilding costs, the value of your personal property and your liability needs.
Research insurance companies serving Newport News. Look for those with strong financial stability, good customer reviews and a track record of quality service.
After identifying necessary coverages, compare home insurance quotes. In Newport News, VA, premiums for $100K dwelling coverage can range from $793 to $1,362 annually.
Inquire with each provider about discounts for which you may qualify, such as combining policies, installing security systems, or maintaining a claim-free record.
Opting for a higher home insurance deductible can reduce your premium, but ensure it's an amount you can manage if you need to file a claim.
Enhancing your home's security with systems and sturdy locks can decrease its risk profile and potentially lower insurance premiums.
Keep a solid credit score, as it can influence your insurance rates in Newport News, VA. Ensure timely bill payments and reduce outstanding debts.
Consider combining your homeowners insurance with other policies, such as auto insurance, to achieve potential savings through discounts.
The best cheap home insurance provider for you in Newport News ultimately depends on how much coverage you need and how much you can spend. Get answers to some of the most commonly asked questions about the best cheap insurance rates in Newport News, Virginia.
The average cost of home insurance in Newport News, Virginia, is $1,206.
The cheapest home insurance company in Newport News, Virginia, is Chubb with an annual premium of $793.
The best home insurance in Virginia for Newport News residents is provided by Chubb, with a MoneyGeek score of 99 out of 100.
About Mark Fitzpatrick
Mark Fitzpatrick is a Licensed Property and Casualty Insurance Producer and MoneyGeek's Head of Insurance. He has analyzed the insurance market for over five years, conducting original research and creating personalized content for every kind of buyer. He has been quoted in several insurance-related publications, including CNBC, NBC News and Mashable.
Fitzpatrick earned a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He is passionate about using his knowledge of economics and insurance to bring transparency around financial topics and help others feel confident in their money moves.
