Updated: November 21, 2024
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Protective is the best life insurance company in Newport News for both men and women. The MoneyGeek score for men is 92 out of 100, with an average monthly premium of $25 and for women, the MoneyGeek score is 92, with an average premium of $20 per month.
Different factors influence life insurance decisions, and these scores and premium costs are based on a 20-year term policy with $500,000 coverage. 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 Newport News, Virginia.
Coverage costs and company information for life insurance providers were updated in August 2024.
BestLife InsuranceNewport NewsBest Life Insurance Companies in Newport News
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.
In Newport News, Protective offers the best life insurance for both men and women with a MoneyGeek score of 92 out of 100 and an average monthly premium of $25 for men and $20 for women. This makes Protective a top choice for residents seeking reliable coverage and value.
Top providers for men:
Top providers for women:
Protective stands out for its high MoneyGeek score and competitive premiums. It offers excellent customer satisfaction and a solid financial stability score.
Protective emerges as the leading life insurance provider in Newport News for both men and women, boasting a MoneyGeek score of 92. The company offers policies at an affordable monthly premium of $20 for women and $25 for men. Protective's high scores in customer satisfaction and financial stability make it a reliable choice for consumers.
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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.
The Protective company stands out as the provider of the best term life insurance in Newport News for both men and women, with a MoneyGeek score of 92 and an average monthly premium of $12 for men, and a score of 92 and a premium of $10 for women. Protective's leading scores reflect its strong customer satisfaction and financial stability.
The top two term life insurance companies for men are:
For women, the top two are:
Term life insurance is a straightforward policy that provides coverage for a specified period. For example, someone might choose term insurance over permanent policies to ensure financial protection during their child-raising years or while paying off a mortgage.
Protective stands out as the best term life insurance provider for men and women in Newport News, with a MoneyGeek score of 92. For a monthly premium of $12 for men and $10 for women, people can secure their peace of mind with a robust policy tailored to their needs.
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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.
Protective stands out as the best whole life insurance provider in Newport News, with a MoneyGeek score of 92 for both men and women. This score indicates that Protective offers a robust combination of affordability, customer satisfaction, financial stability and product diversity.
Top whole life companies for men in Newport News:
Top whole life companies for women in Newport News:
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 seeking a guaranteed death benefit, fixed premiums, and a savings component that grows over time.
Protective stands out as the best choice for whole life insurance in Newport News for both men and women, with a MoneyGeek score of 92 for each. The company's excellence in customer satisfaction, affordability and financial stability positions it as a reliable option for life insurance seekers.
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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.
In Newport News, Protective is the provider with the best universal life insurance for both men and women, having a MoneyGeek score of 91. This high score reflects the company's commitment to affordability, customer satisfaction and financial stability.
Best universal life insurance for men:
Best for women's universal life insurance:
Universal life insurance offers flexible premiums and the potential for cash value accumulation, making it a versatile option for long-term financial planning. For instance, someone interested in estate planning or retirement income might find universal life insurance more suitable than term life insurance.
Protective stands out as the premier provider of universal life insurance in Newport News, offering unparalleled service to both men and women. With a MoneyGeek score of 91 for both genders, Protective demonstrates a commitment to excellence across the board, ensuring clients receive top-notch insurance solutions.
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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.
The Protective insurance company stands out as the premier provider of the best no-medical- exam life insurance in Newport News for both men and women, boasting a MoneyGeek score of 91. Protective is an excellent choice for the average individual seeking reliable life insurance coverage without the hassle of a medical exam.
Best no-medical-exam life insurance for men:
Best life insurance for women that does not require a medical exam:
No-medical-exam life insurance offers the convenience of securing life insurance without undergoing a medical examination, which can be a significant advantage for those with health concerns or a need for quick coverage. For example, an individual with a chronic health issue might choose no-medical-exam insurance to avoid the possibility of being denied coverage.
In the search for the best no-medical-exam life insurance in Newport News, Protective stands out as the premier choice for both men and women, boasting a MoneyGeek score of 91 for each. This score reflects a strong balance of customer satisfaction, affordability and financial stability, making Protective a reliable option for life insurance seekers.
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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.
In Newport News, Protective offers the best term life insurance for seniors with a MoneyGeek Score of 92 for men and 91 for women. The average monthly premiums are $54 for men and $46 for women, providing a balance of value and security.
Age significantly influences life insurance premiums, as older individuals typically face higher costs due to increased risk. Protective's high MoneyGeek score is indicative of its competitive premiums, robust customer satisfaction and financial stability.
| 1 | Protective | $54 | 92 |
| 2 | Mutual of Omaha | $61 | 91 |
| 3 | Nationwide | $55 | 90 |
| 4 | Allstate | $59 | 88 |
| 5 | AAA | $71 | 88 |
| 6 | Prudential | $53 | 88 |
| 7 | Transamerica | $67 | 87 |
| 8 | State Farm | $106 | 84 |
| 9 | Haven | $105 | 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 smokers in Newport News seeking term life insurance, Mutual of Omaha stands out with a MoneyGeek score of 90 for men and 88 for women, and average monthly premiums of $60 and $55, respectively. Smoking is a significant factor in life insurance because it increases health risks, often leading to higher premiums.
Mutual of Omaha's top ranking reflects its commitment to customer satisfaction, affordability, financial stability and a diverse range of products. These attributes are crucial for individuals looking for the best term life insurance for smokers, as they ensure a balance between cost and quality coverage.
| 1 | Mutual of Omaha | $60 | 90 |
| 2 | Nationwide | $63 | 89 |
| 3 | AAA | $65 | 88 |
| 4 | Protective | $82 | 88 |
| 5 | Prudential | $47 | 88 |
| 6 | Transamerica | $58 | 87 |
| 7 | State Farm | $77 | 85 |
| 8 | Allstate | $96 | 84 |
| 9 | Haven | $97 | 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.
For young adults in San Antonio, Protective is the winner. It earns a MoneyGeek score of 92 and offers average monthly premiums of $10 for women and $11 for men. Protective's high MoneyGeek score is attributed to its affordability, customer satisfaction and financial stability.
Age plays a crucial role in determining life insurance premiums, with younger adults typically benefiting from lower costs. Choosing the best term life insurance for young adults is essential for securing financial protection at a reasonable cost.
| 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.
If you're looking for the best cheap term life insurance in Newport News, Protective stands out for both men and women with a MoneyGeek score of 92 and average monthly premiums of $10 for women and $12 for men.
Factors affecting the cost of premiums include age, health, coverage amount and term length. To get the lowest premiums, maintain excellent health, choose a shorter term length and opt for a lower coverage amount.
| 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 | $19 | 84 |
| 9 | State Farm | $27 | 82 |
The average monthly premium for term life insurance in Newport News is $18 for women and $24 for men. Many factors affect the cost of life insurance premiums. These include age, health, lifestyle and occupation. For instance, younger individuals or those in good health typically pay lower premiums. Conversely, risky occupations or lifestyles can lead to higher costs.
The cost of life insurance in Newport News might be higher or lower compared to the rest of Virginia due to several reasons. Local economic conditions, access to health care and regional risk factors all play a role.
Understanding these factors can help you make informed decisions about purchasing life insurance. By considering your personal circumstances and the local context, you can find a policy that meets your needs and budget.
Protective has the best life insurance in Newport News for men, with a MoneyGeek score of 92.
The monthly premium cost for the best life insurance for men in Newport News is $25. This cost is based on Protective's life insurance policy, which offers excellent coverage and customer satisfaction.
Protective has the best life insurance in Newport News for women, with a MoneyGeek score of 92.
The monthly premium cost for the best life insurance for women in Newport News is $20. This cost is based on Protective's life insurance policy.
Life insurance in Newport News does not differ significantly from the rest of Virginia. Protective offers the best life insurance for both men and women in Newport News, similar to other cities in Virginia. The company excels in affordability, customer satisfaction and financial stability across the state.
If a life insurance company goes bankrupt in Newport News, your policy is often protected by state guaranty associations. These associations provide a safety net, ensuring that policyholders receive coverage up to a certain limit. It's important to check your state's specific regulations for more details.
Newport News residents might need life insurance to provide financial security for their families. Life insurance can cover funeral expenses, pay off debts, and replace lost income. It can also help with future expenses like education costs for children.
To find a lost life insurance policy in Newport News, start by checking personal records and contacting the insurance company. You can also check with the Virginia State Corporation Commission, which maintains records of life insurance policies issued in the state.
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.
