Updated: December 13, 2024
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In Norfolk, Virginia, Chubb is the best choice for home insurance overall, having the cheapest policies and the best customer service.
This provider offers different features, so choose based on your personal needs, such as budget, the amount of coverage required and customer service.
Best HomeInsuranceNorfolk, VATable of Contents
Why Trust MoneyGeek? Our analysis of homeowner's insurance in Norfolk relies on data from Virginia's Department of Insurance and Quadrant Information Services, ensuring solid recommendations based on industry standards.
Home insurance premiums in Norfolk correspond to the most competitive quotations as of September 2024.
MoneyGeek found that Chubb is the best home insurance option in Norfolk, VA, for $100K dwelling coverage, with a MoneyGeek score of 99 out of 100.
The scores for home insurance companies in Norfolk range from 45 to 99. These figures reflect MoneyGeek's scoring system. Insurers may receive different scores based on factors like your credit history and the age of your home.
| Chubb | 99 | $793 |
| Auto-Owners Insurance | 94 | $1,148 |
| State Farm | 89 | $887 |
| Nationwide | 78 | $1,534 |
| Farmers | 77 | $1,262 |
| Main Street America Insurance | 73 | $1,047 |
| Allstate | 69 | $1,562 |
| Travelers | 45 | $5,728 |
MoneyGeek found that Chubb is the best option for $100K dwelling coverage in Norfolk, VA. The two best overall home insurance companies in the city for the same dwelling coverage are:
Chubb is the best home insurance provider because it offers affordability and customer satisfaction, contributing to its high MoneyGeek score.
In Norfolk, various insurance companies provide different prices and service experiences. Although cost is crucial, factors like service quality matter when making claims.
Chubb is the best overall company, with high affordability and satisfaction scores. Chubb offers useful coverages. Guaranteed replacement cost helps rebuild your home even if costs exceed your policy limit. Building ordinance or law coverage helps bring your home up to current codes after a loss. Cash settlement allows you to receive money if you decide not to rebuild.
Chubb also provides discounts like protective devices and new home. You can get a discount if your home is new or has protective devices installed.
MoneyGeek found that Chubb offers the best customer service in home insurance in Norfolk, VA. The top two providers for $100K dwelling coverage are:
Chubb has impressive customer satisfaction and excellent coverage options. Choosing Chubb means enjoying strong customer support and a comprehensive insurance policy tailored to your needs. Excellent service in home insurance means reliable support, swift claims processing and a commitment to customer satisfaction.
Chubb is the best for service quality, thanks to its high customer satisfaction and coverage scores. It offers comprehensive home insurance with coverages. Guaranteed replacement cost helps rebuild your home even if costs exceed your policy limit. Building ordinance or law covers bringing your home up to code after damage. Cash settlement lets you choose not to rebuild and receive a cash payout instead.
You can save with discounts, like new home and home renovation, which you can qualify for if your home was renovated within the last six years.
MoneyGeek found that Chubb is the best cheap home insurance in Norfolk, VA. The top two best and cheapest homeowner insurance companies for $100K dwelling coverage are:
Chubb stands out for its strong affordability score and excellent coverage options. However, understand that choosing cheap home insurance usually means lower coverage. This is good for saving money but may not cover everything if something bad happens.
In cases where saving on premiums matters most, exploring the cheapest companies or learning the average cost of homeowners insurance in Virginia might help. Best cheap insurance considers quality service, not just the lowest price.
Chubb is the best cheap company due to its high affordability and satisfaction scores. It offers comprehensive home insurance with guaranteed replacement cost and building ordinance or law coverages. Cash settlement, personal property replacement cost and risk consulting are also available.
You can save with discounts like protective devices and new home, which you can qualify for if your home is seven years old or less.
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 23, 2024
Homeowners insurance in Norfolk is influenced by several factors, with the location being significant. Comparing rates is crucial for savings but can be time-consuming as it takes about 15 minutes per company. Use MoneyGeek's home insurance calculator for quick savings. Enter your age, dwelling coverage, credit score, deductible, liability coverage and more to get an estimate.
Chubb is the cheapest choice for homeowners insurance in Norfolk, VA. The primary factor affecting home insurance costs is the dwelling coverage you choose.
Chubb stands out in Norfolk because of its cost-effectiveness. Main Street America Insurance offers the lowest premium for $250K coverage and State Farm for $500K. Opting for the cheapest homeowners insurance in Virginia can ease the burden on your finances.
| Chubb | $793 |
| State Farm | $887 |
| Main Street America Insurance | $1,047 |
| Auto-Owners Insurance | $1,148 |
| Farmers | $1,262 |
| Nationwide | $1,534 |
| Allstate | $1,562 |
| Travelers | $5,728 |
State Farm is the best option in Norfolk, VA, for high-value home coverage. High dwelling coverage is essential for homes that cost more to replace, and home insurance costs rise accordingly.
State Farm is the most affordable insurance for high-value homes in Norfolk. It also received an overall robust MoneyGeek score.
| State Farm | $3,785 |
| Auto-Owners Insurance | $4,578 |
| Chubb | $5,075 |
| Allstate | $5,726 |
| Main Street America Insurance | $6,464 |
| Farmers | $7,499 |
| Nationwide | $8,233 |
| Travelers | $17,545 |
State Farm is the cheapest insurance provider for new homes in Norfolk, VA, offering competitive rates.
State Farm stands out for its lower annual premium. It isn't always the best overall choice, based on MoneyGeek’s evaluation, even though it is the cheapest option. Ensure you are adequately covered even as you look for affordable coverage.
| State Farm | $508 |
| Chubb | $579 |
| Main Street America Insurance | $589 |
| Nationwide | $628 |
| Farmers | $683 |
| Auto-Owners Insurance | $835 |
| Allstate | $971 |
| Travelers | $2,679 |
The best cheap homeowners insurance providers balance great customer service and coverage with affordable premiums. The best cheap homeowners insurance in Norfolk depends on your needs. Consider factors beyond premiums, such as coverage and service. Follow these steps to get the best affordable home insurance.
In Norfolk, it's essential to assess how much home insurance you need by considering your home's rebuilding costs, personal property value and liability requirements.
Look into insurance companies operating in Norfolk. Focus on those with solid financial stability, positive customer feedback and a history of reliable service.
Once you understand your coverage requirements, compare home insurance quotes. In Norfolk, $100K dwelling coverage premiums range from $793 with Chubb to $5,728 with Travelers.
Inquire with each insurance provider about potential discounts, such as those for bundling policies, installing safety features or maintaining a claims-free record.
Opting for a higher home insurance deductible can reduce your premium, but ensure it's an amount you can comfortably pay if needed.
Enhancing your home's security with systems and strong locks can decrease its risk profile, potentially lowering insurance costs.
Keep your credit score in good standing, as it can affect your insurance rates in Norfolk. This includes paying bills on time and minimizing outstanding debt.
Consider bundling your homeowner insurance with other policies like auto insurance to receive discounts and save money.
The best cheap home insurance provider in Norfolk depends on the 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 Norfolk, VA.
The average cost of home insurance in Norfolk is $1,308.
The cheapest home insurance company in Norfolk is Chubb, with an annual premium of $793.
The best home insurance in Virginia for Norfolk residents is from 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.
