Updated: November 21, 2024
Advertising & Editorial Disclosure
Protective is the best life insurance company in Hampton, Virginia for men and women. The MoneyGeek score for men is 92 with a monthly premium of $25. For women, the MoneyGeek score is also 92, with a monthly premium of $20.
These scores and premium costs are based on a 20-year term policy with $500,000 coverage. Different factors should be considered when deciding on life insurance, and your unique needs may mean a different company is best for you.
Why Trust MoneyGeek? We analyzed 1,488 life insurance quotes alongside customer satisfaction, financial stability reports, product offerings and more to determine the best life insurance companies in Hampton, Virginia.
Coverage costs and company information for life insurance providers were updated in August 2024.
BestLife InsuranceHampton, VABest Life Insurance Companies in Hampton
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the overall best life insurance companies:
This was done using the average profile with a 20-year term policy and $500K coverage.
'Protective offers the best life insurance in Hampton for men and women, with a MoneyGeek score of 92 out of 100 and monthly premiums of $25 for men and $20 for women.
The top providers for men are:
The top providers for women are:
Protective stands out for its high MoneyGeek score and competitive premiums, making it an excellent choice for the average individual seeking life insurance in Hampton.
In Hampton, Virginia, Protective is the premier choice for life insurance for men and women. With a MoneyGeek score of 92 for both, Protective offers life insurance at a monthly premium of $20 for women and $25 for men.
This company's high scores indicate a strong balance of affordability, customer satisfaction and financial stability, making it a reliable option for life insurance seekers in Hampton.
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How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best term life insurance companies:
Quotes gathered were for a $250K life insurance policy with a 10-year term.
For those seeking the best term life insurance in Hampton, Protective stands out for men and women. With a MoneyGeek score of 92 for men and 92 for women, and monthly premiums of $12 and $10, respectively, Protective offers a compelling option for term life insurance seekers.
The company's high scores reflect its strong customer satisfaction, affordability, and financial stability, making it an excellent choice for the average individual looking for reliable coverage without long-term commitment.
The top providers for men are:
The top providers for women are:
Term life insurance provides coverage for a specified period, offering a death benefit to beneficiaries should the policyholder pass away during the term. For instance, a parent might choose term insurance to ensure their child's education costs are covered in the event of their untimely death. It is a straightforward and often more affordable option than whole life insurance, appealing to those with specific, time-bound financial protection needs.
For women and men seeking term life insurance in Hampton, Protective stands out with a MoneyGeek score of 92. The company offers a monthly premium of $10 for women and $12 for men, making it a solid choice for those looking for a blend of value and reliability.
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How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best whole life insurance companies:
We did not weigh affordability as we did not collect whole life insurance quotes. The company below has the highest score among the companies that offer whole life insurance policies based on a 20-year term at $500K coverage.
The company with the best whole life insurance in Hampton for men and women is Protective, with a MoneyGeek score of 92 out of 100. This score reflects the company's commitment to affordability, customer satisfaction and financial stability, making it a solid choice for individuals seeking reliable life insurance coverage.
The top providers for men are:
The top providers for women are:
Whole life insurance is a type of permanent life insurance that provides coverage for the insured's entire lifetime, as long as premiums are paid. It can be an attractive option for those who want the certainty of fixed premiums and a cash value component that grows over time. For example, someone might choose whole life insurance to ensure their family's financial security, regardless of when they pass away.
Protective stands out as the ideal choice for the best whole life insurance in Hampton, offering unmatched value for men and women. With MoneyGeek scores of 92 for both, Protective ensures comprehensive coverage with high customer satisfaction and financial stability.
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Ensure you're getting the best rate for your life insurance. Compare quotes from top providers to find the most affordable life insurance coverage for your needs.
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best universal life insurance companies:
We did not weigh affordability as we did not collect universal life insurance quotes. The company below has the highest score among the companies that offer universal life insurance policies, over a 10-year term for $250K coverage.
Protective stands out as the provider of the best universal life insurance in Hampton, with a MoneyGeek score of 91 for men and women. This score indicates a strong combination of affordability, customer satisfaction and financial stability.
The top providers for men are:
The top providers for women are:
Universal life insurance provides flexibility in premiums and death benefits, which can be appealing for those needing long-term financial planning. For instance, someone might choose universal live insurance over term life insurance to build cash value that can be borrowed against, offering a financial safety net while still providing life insurance coverage.
Protective stands out as the best universal life insurance provider in Hampton for men and women, achieving a MoneyGeek score of 91. The company's excellence in customer satisfaction and strong financial stability make it a reliable choice for life insurance seekers in the area.
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How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best life insurance companies that don't require a medical exam:
We did not weigh affordability as we did not collect any insurance quotes for this category. The company below has the highest score among the companies that offer life insurance policies without mandatory medical exams, for a 10-year term with $250K coverage if the insuree was in poor health.
Protective provides the best life insurance without a required medical exam in Hampton, with a MoneyGeek score of 91 for men and women.
Protective's high score suggests reliability and a strong customer satisfaction record, making it an excellent choice for individuals seeking life insurance without the hassle of a medical exam. The company's financial stability and product diversity contribute to its top ranking, indicating a robust offering that caters to a variety of needs and preferences.
The top providers for men are:
The top providers for women are:
No-medical-exam life insurance is an insurance policy that does not require a medical examination for approval. This can be particularly beneficial for individuals who have health concerns or want to expedite the insurance acquisition process. For example, a busy parent with little time for appointments might opt for no medical exam life insurance to ensure their family's financial security without delay.
Protective is the premier provider of no-medical-exam life insurance in Hampton for men and women. With a MoneyGeek score of 91 for both, this company exemplifies reliability and customer satisfaction.
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How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best term life insurance companies for seniors:
We derived quotes using a $250K life insurance policy with a 10-year term and adjusted the sample buyer's age to 70.
Protective stands out with the best term life insurance for seniors, with a MoneyGeek score of 92 for men and 91 for women. The monthly premiums are approximately $54 for men and $47 for women.
Age is a determining factor in life insurance premiums because older individuals pose a higher risk to insurers. Protective's leading MoneyGeek score reflects its strong performance across affordability, customer satisfaction, financial stability and product diversity. This comprehensive excellence is particularly relevant for seniors who require dependable coverage without compromising on cost or service quality.
| 1 | Protective | $54 | 92 |
| 2 | Mutual of Omaha | $61 | 91 |
| 3 | Nationwide | $56 | 90 |
| 4 | Allstate | $59 | 88 |
| 5 | AAA | $72 | 88 |
| 6 | Prudential | $53 | 88 |
| 7 | Transamerica | $67 | 87 |
| 8 | State Farm | $107 | 84 |
| 9 | Haven | $106 | 82 |
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best term life insurance companies for people who smoke:
We collected quotes using a $250K life insurance policy with a 10-year term and adjusted the sample buyer to reflect an active smoker.
For those seeking the best term life insurance for smokers in Hampton, Mutual of Omaha stands out for men and women. For men, it has a MoneyGeek score of 90 and a monthly premium of $60, while for women, it has a score of 88 and a premium of $55.
Smoking significantly influences life insurance premiums, as insurers view smokers as higher risk due to potential health issues, leading to higher costs. Mutual of Omaha's high MoneyGeek scores reflect its strong customer satisfaction, financial stability, and product offerings.
| 1 | Mutual of Omaha | $60 | 90 |
| 2 | Nationwide | $63 | 89 |
| 3 | AAA | $65 | 88 |
| 4 | Protective | $82 | 88 |
| 5 | Prudential | $47 | 88 |
| 6 | Transamerica | $59 | 87 |
| 7 | State Farm | $78 | 85 |
| 8 | Allstate | $96 | 84 |
| 9 | Haven | $98 | 82 |
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best term life insurance companies for young adults:
We collected quotes using a $250K life insurance policy with a 10-year term for a 20-year-old buyer.
The best term life insurance for young adults in Hampton is offered by Protective, with a MoneyGeek score of 92 and a monthly premium of $7.
Age plays a significant role in determining life insurance premiums. Younger adults generally enjoy lower premiums because they are considered lower risk. Protective's high MoneyGeek score is attributed to its affordability, strong customer satisfaction and financial stability.
| 1 | Protective | $7 | 92 |
| 2 | Mutual of Omaha | $9 | 91 |
| 3 | Nationwide | $9 | 89 |
| 4 | AAA | $10 | 88 |
| 5 | Allstate | $9 | 88 |
| 6 | Transamerica | $10 | 87 |
| 7 | Prudential | $11 | 86 |
| 8 | Haven | $11 | 85 |
| 9 | State Farm | $17 | 84 |
| 10 | Bestow | $15 | 84 |
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best cheap term life insurance companies:
We adjusted the weighting to favor affordability for a $250K life insurance policy with a 10-year term.
Protective offers the best cheap term life insurance in Hampton for men and women, with a MoneyGeek score of 92 and monthly premiums of $10 and $12, respectively. Protective scores high in affordability, customer satisfaction, and financial stability.
Several factors influence the cost of life insurance premiums, including age, health, coverage amount, and term length. To get the lowest premiums, individuals should maintain excellent health, avoid tobacco use, and choose an appropriate coverage amount and term length.
| 1 | Protective | $12 | 92 |
| 2 | Nationwide | $15 | 91 |
| 3 | Mutual of Omaha | $14 | 90 |
| 4 | Allstate | $15 | 89 |
| 5 | AAA | $17 | 88 |
| 6 | Transamerica | $16 | 88 |
| 7 | Prudential | $16 | 87 |
| 8 | Haven | $20 | 84 |
| 9 | State Farm | $27 | 82 |
The average monthly premium for term life insurance in Hampton is $19 for women and $25 for men. Several factors affect the cost of life insurance premiums. These include age, health, lifestyle and occupation. Insurers assess these factors to determine the risk associated with insuring an individual.
Life insurance costs in Hampton may be different from the rest of Virginia due to local health trends, economic conditions and specific risk factors in the area. For instance, higher healthcare costs or a greater prevalence of certain health conditions could lead to higher premiums. Conversely, a lower cost of living or better overall health among residents might result in lower premiums.
Protective offers the best life insurance for men in Hampton, with a MoneyGeek score of 92.
The monthly premium cost for the best life insurance for men in Hampton is $25. This cost is based on the top-rated company, Protective.
Protective is the best life insurance company for women in Hampton with a MoneyGeek score of 92. Female residents can consider Protective for their life insurance needs.
The monthly premium cost for the best life insurance for women in Hampton is $20. This is offered by Protective, the top-rated company for life insurance for women.
Life insurance in Hampton is similar to the rest of Virginia in terms of company offerings and costs. Protective is a leading provider in both Hampton and the state. Rates and coverage options are comparable, ensuring residents have access to quality life insurance.
If a life insurance company goes bankrupt in Hampton, policies are typically protected by state guaranty associations. These associations ensure policyholders receive coverage up to certain limits, providing financial security even in the event of company insolvency.
Hampton residents need life insurance to provide financial security for their families and cover expenses such as funeral costs, debts and living expenses. Life insurance can also help in estate planning and ensuring dependents are financially supported.
To find a lost life insurance policy in Hampton, check personal records, contact past insurers, and use state resources like the Virginia Life Insurance Policy Locator. These steps can help locate missing policies and ensure beneficiaries receive due benefits.
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.
