Get Capeville, VA Home Insurance Rates!
If you are shopping for a new homeowners insurance policy in Capeville, we are here to help. We can help you find the best policy at a great price and also do it quickly. We realize time is always an important factor when it comes to shopping for insurance which is why we have made the entire process quick and easy.
A homeowners insurance policy for your home in Capeville can help protect you from a major financial hit if your home is damaged or destroyed by a covered peril. Homeowners insurance not only covers damage caused by fire, lightning, hurricane, wind, theft and falling objects (think trees), it also provides liability coverage in case someone is injured on your property.
Homeowners insurance also offers protection for your personal property. If your house burns to the ground, taking all of your personal property with it, the cost to replace everything you own can be financially devastating. In addition, homeowners insurance extends to all of the buildings on your property, any outbuildings, barns, sheds and even fences are fully protected by your homeowners insurance policy.
While understanding how important homeowners is to your financial well-being is simple, shopping for coverage and comparing multiple policy options and rates at the same time can be difficult.
GetHomeInsuranceQuotes.com of Virginia is here to help. Our site can help you quickly find and compare the most affordable Capeville home insurance quotes. Our online quoting system is simple to use, get started now by entering your zip code at the top of the page.
Quickly Compare Multiple Capeville Home Insurance Rate Quotes
You are three easy steps away from multiple homeowner insurance quotes:
- Enter your zip code: Simply enter your zip code to get started on your Capeville, Virginia home insurance quote. Always make sure you include the correct zip code and street address for the home.
- Fill in our form: We have made the quoting process quick and simple. There is no need to waste precious time filling out a long form just to get a homeowners insurance quote. We have scaled down the required information to just a few questions. The only information you will need to provide is a bit of contact info as well as the address of your property, construction type, the year the home was built and the square footage of the home. It’s that simple.
- Click "Get Home Insurance Quotes": Your job is done, we will take it from here. We will shop your rates with up to 12 home insurance carriers in Capeville. Our quoting process is secure and hassle free.
In addition to multiple quotes, we will assign a Virginia home insurance professional to your quote to help answer any questions you may have about policy details as well as pricing. Having an agent to turn to with questions can be a huge advantage and will ensure that have a complete understanding of your quote.
Start a quote online today or call us at 1-855-976-2656, we will work with you to find the best policy for your needs.
A Few Facts about Capeville, Virginia Home Insurance Rates
While Capeville, VA may not be considered the most expensive area in the state for insurance premiums, Virginia does rank #33 in the country for homeowners insurance rates.
Homeowners in Capeville, Virginia are paying an "average" of $1,107 for a standard home insurance policy. The national average premium across the United States which is $1,311.
We can help lower your Virginia homeowners insurance costs by shopping your coverage with a variety of national insurance companies that are very competitive in the Capeville city area. It’s quick and easy. Get multiple home insurance quotes now in your local area.
Compare Homeowners Insurance Rates in Capeville, VA!
Get up to 12 competitive Capeville, VA homeowners insurance rates all in one place! |
Capeville, VA Home Insurance Companies
With over 20+ years of Virginia homeowners insurance coverage and quoting experience, we enjoy helping customer find the best price and coverage options for your home in Capeville, VA. Our new carrier platform includes quick rates from the very best insurance companies, like Liberty Mutual, Safeco Insurance, Tower Hill, ShoreOne, Kind Group Underwriting, AIG, Chubb, Travelers, National General and Heritage Insurance. Getting the best insurance rates with the right insurance company is key to protecing your Capeville home. Let us help you shop the best rates and coverages today!
Review the Best Virginia Home Insurance Rates Today!
Average Rates Nearby Capeville
Are you looking for homeowners insurance in a city near Capeville? Review coverage options and average rates in your area by clicking your city below. We can help you shop home insurance rates!
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Home Insurance Rates by Zipcode in Capeville, VA
Easily review average rates and get multiple homeowners insurance quotes by clicking your zip code below located in Capeville.
Capeville, VA Home Insurance Average Premiums
$614 /yr.
For the city of Capeville, homeowners insurance rates may vary on deductible, coverage amount and property details. Below is a list of the averages based on the cost of an annual home insurance premium.
| Coverage Amount: | Annual Premium |
|---|---|
| 1800 sq. ft. or below (discounts applied) | $614 /yr. |
| Average Coverage: | $864 /yr. |
| 2600 sq. ft. or higher (all discounts applied) | $1164 /yr. |
What is the average home insurance cost for a home in Capeville, VA?
- • The average homeowners insurance premium paid annually for a home in Capeville is around $864 per year.
What does it cost on average per month for home insurance in Capeville, VA?
- • Homeowners in Capeville pay an average cost per month around $72.00 for insurance coverage.
Capeville, VA Coastal Wind, Hail & Flood Information
Capeville is located in a coastal county which greatly increases the risk of hurricanes and windstorms. Our quoting process will include wind and hail coverage options to give you the best protection you need against high winds and storm damage.
Flood Zone Notice: The beautiful coastal city of Capeville is know for it's beautiful beaches and waterways. Because Northampton County (FIPS: 51131) has a shoreline and is in a coastal area it is important to purchase flood insurance. The risk is very high in this area and we will work with you to provide the best flood insurance coverage you need for your home in Capeville, VA.
Capeville, VA - 2023 Housing Information
| Month | Current Home Value (2023) | Last Year Home Value (2022) |
|---|---|---|
| January | $0 | $0 |
| February | $0 | $0 |
| March | $0 | $0 |
| April | $0 | $0 |
Homeowners insurance will help cover the cost to repair or replace your Capeville home if it is damaged or destroyed by a covered peril, up to your coverage limits. A homeowners policy is made up of a few different coverages. Here are the most common coverages:
- Dwelling: This coverage will pay to repair or replace the structure of your home if it is damaged or destroyed. Review and Calculate Replacement Cost Coverage in Capeville
- Liability: This coverage will help cover medical and legal bills if someone is injured in your home, slipping on an icy sidewalk for example. It also offers protection if you damage another person’s property, your child hitting a baseball through a neighbor’s window for example.
- Contents: This covers the cost to replace your personal possessions that are destroyed by a covered peril. Furniture, electronics, clothing and household goods are excellent examples. Contents coverage is often capped at 50% to 70% of your dwelling coverage.
- Other Structures: This coverage protects other structures on your property such as detached garages, outbuildings, barns, and sheds.
- Loss of use: This covers everyday costs that you incur if you cannot live in your home while it is being repaired due to a claim. It will pay hotel and restaurant bills and even the cost of dry cleaning.
Get up to 12 competitive Capeville, VA homeowners insurance rates all in one place! |
Saving Money Tips on Capeville Home Insurance
A great way to save money on Capeville homeowners insurance is to make sure you are getting all the discounts you are qualified to receive. Here are just a few of the most common discount’s insurers offer:
- Bundling: If you purchase your home and auto (or any other insurance coverage) from the same insurer, you should get a bundling discount. Expect to save 20%-25%.
- Secure your home: Adding a monitored security system, water leak sensors, deadbolts, and smoke detectors should result in a discount.
- Impact resistant roof: If you are replacing your roof, consider impact resistant roofing materials which help prevent hail and impact damage as well as resulting in a significant discount.
- Stay claim free: If you have been claim free for a number of years (five is a common requirement) your insurer should offer a claim free discount.
Are you shopping for the best rate near or wihin the Capeville area? Check out what homeowners are paying on average for Virginia homeowners insurance.
Elevation Review for Coastal Wind or Flooding Risk
| Elevation | Details | Homeowners Tips |
|---|---|---|
| 29 ft. | This is the average home elevation in Capeville, VA | » Elevation is crucial to a homeowners insurance policy because it determines the risk of your home being in a flood zone which is particularly important in a coastal state such as Capeville, Virginia. A standard homeowners policy does not cover flood damage. If you live in a flood prone area, you will need to purchase a separate flood to fully protect your home. Flood insurance can be purchased via the National Flood Insurance Program (NFIP) or in the private market. NFIP policies come with coverage caps and other restrictions so you may need to supplement your flood insurance coverage with a private market policy. It's important to remember that flooding occurs in low and moderate risk areas as well. According to FEMA data, almost 25% of all flood claims come from low to moderate-risk areas. |
To get online quotes on your home and compare rates on home insurance premiums in Capeville, enter your zip code above and easily complete our online quoting application. Remember, it's important to speak with us about additional home insurance discounts so you can get the best rate for your home in Northampton County.
Virginia Homeowners Insurance News & Information
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$4.5B Estimated In Insured Losses After 2024 Florida Hurricanes Posted on Wednesday 13th November, 2024
According to the Florida Office of Insurance Regulation, the three hurricanes that made landfall this year have caused more than $4.5 billion in estimated insured losses. Hurricane Debby, Helene and Milton all hit the state within two months of each other Helene and Milton struck just two weeks apart. State data show that over 269,000 […]
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I can’t afford my home insurance, what do I do? Posted on Saturday 9th November, 2024
According to data from the National Association of Realtors (NAR), the average U.S. insurance rate is $2,377 a year. The data also suggest that homeowners could see a 6% rise in rates by the end of the year which is in addition to the 20% increase over the two previous years. As climate change pushes […]
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How to Get the Best Homeowners Insurance Policy for Your Needs Posted on Wednesday 6th November, 2024
Having the proper insurance coverages in place is a critical part of owning a home, it protects your investment and finances in the event your home is destroyed by an unexpected disaster such as a fire, flood or severe storm. Understanding the different coverages that are available to homeowners is key to making sure you […]
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Homeowners Shopping Rates Due to Rise in Premiums Posted on Monday 23rd September, 2024
According to the recently released J.D. Power 2024 U.S. Home Insurance Study a nationwide rise in premiums has driven many customers to shop for new policies as their rates are now too high. “’The average shopping rate among home insurance customers has climbed to a record high of 6.8% through the second quarter of 2024, […]
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Where is it cheaper to rent than to buy a home in the United States? Posted on Thursday 5th September, 2024
According to a new study from Clever Real Estate, a St. Louis-based real estate company, monthly rent costs are actually cheaper than a monthly mortgage payment in 48 of the 50 most populous cities in the United States. Their analysis looked at mortgage principals, interest, taxes as well as homeowners insurance and they found that […]
Capeville, VA Dwelling Coverage Estimate
It is important to calculate your dwelling coverage for your home in Capeville so you know what type of homeowners insurance coverage you need to cover your replacement cost. It is recommended to have enough dwelling coverage to rebuild your home if it was destroyed by a covered peril.
Please remember that replacement cost coverage does not include the cost of the land, only the price to rebuild your home, which is why we like to help customers by answering a few questions that you may have.
What is the average replacement cost coverage in Capeville, VA?
- The average square footage in Capeville is around 960 Sq. Ft. which would cost you around $156,500 to replace the home if you base the home on the price to build per square foot of $163.
Minimum Replacement Cost Total: $156,500
Location: Capeville, Virginia (Northampton County)
Average Building Cost Per Square Foot in Capeville: $163 (low end)
Average Square Footage in Capeville: 960 Sq. Ft.
| Home Improvement Status | Price per Sq. Ft. | Dwelling Coverage |
|---|---|---|
| None or Very Minor Improvements | $163 | $156,500 |
| Some Additional Upgrades | $204 | $195,625 |
| Major Home Updates or Advancements | $245 | $234,750 |
The dwelling coverage is calculated by the average cost per square foot ($163) in Capeville, Virginia times your heated square footage. Which would equal the cost to rebuild your home minus the cost of the property or land. Some homes will have a higher replacement cost due to home improvements like updated kitchens and bathrooms. Other upgrades may include: granite countertops, hardwood floors and stainless steel appliances. The national square foot average to build a brand new home is around 2500 square feet. So if you are looking to build, and your square footage of your new home is 2500, you are looking at a dwelling coverage premium of around $509,375 (Media price to build of $204 x 2500 sq. ft.) to cover the cost to rebuild your new home.
What is the difference between actual cash value and replacement cost value?
Homeowners insurance is available in both actual cash value (ACV) and replacement cost value (RCV). Knowing the difference is important:
Actual cash value: When valuing your personal possessions, an actual cash value policy will take depreciation into account. This means that your 10-year-old TV will be basically worthless according to your insurance company. While an ACV policy tends to be cheaper, if you have to make a claim you may be disappointed in your claim payout.
Replacement cost value: A RCV policy will replace your possessions with brand new items of similar quality regardless of how old they were at the time they were destroyed. While RCV policies are slightly more expensive, they are well worth the cost if you have to make a claim.