Gavop's guide to buying homeowners insurance in Cloyd, VA covers how to get the right coverage, optimize deductibles, identify the best agents, understand claim requirements, avail discount options, compare cheap quotes and research reviews.
| Bedrooms | Average Home Value | Estimated Replacement Value | Recommended Home Insurance Coverage |
|---|---|---|---|
| 1 Bedroom | $54,000 | $40,000 | $50,000-$75,000 |
| 2 Bedroom | $97,000 | $90,000 | $100,000-$125,000 |
| 3 Bedroom | $128,000 | $100,000 | $100,000-$125,000 |
| 4 Bedroom | $246,000 | $220,000 | $250,000-$300,000 |
| 5 Bedroom | $191,000 | $170,000 | $150,000-$175,000 |
| Type | Discount ($) | Premium After Discount ($) |
|---|---|---|
| Multipolicy Discount | -$131 | $557 |
| Superior Protection Discount | -$69 | $619 |
| Fire & Security Discount | -$69 | $619 |
| Hail Resistant Roof Discount | -$14 | $674 |
| Newly Constructed Home Discount | -$186 | $502 |
| Low Deductible ($500) | High Deductible ($2500) | |||||
|---|---|---|---|---|---|---|
| Place | Example Claim Amount | Yearly Premium | Total Yearly Cost | Yearly Premium | Total Yearly Cost | Net Savings for High Deductible Plan |
| Pulaski County | $2,000 | $686 | $2,686 | $499 | $2,499 | $188 |
| Cloyd, VA | $2,500 | $679 | $3,179 | $493 | $2,993 | $186 |
| Radford, VA | $500 | $648 | $1,148 | $471 | $971 | $177 |
| Christiansburg, VA | $1,500 | $692 | $2,192 | $503 | $2,003 | $189 |
| Speedwell, VA | $300 | $535 | $835 | $389 | $689 | $146 |
| Alderson, WV | $2,500 | $657 | $3,157 | $477 | $2,977 | $180 |
| Bramwell, WV | $100 | $527 | $627 | $383 | $483 | $144 |
| Boone, VA | $2,000 | $703 | $2,703 | $511 | $2,511 | $192 |
| Oak Level, VA | $100 | $501 | $601 | $364 | $464 | $137 |
| Meadow Bridge, WV | $700 | $520 | $1,220 | $378 | $1,078 | $142 |
| Home Insurance Company Cloyd, VA | Homeowners Insurance Agency Cloyd, VA | Address | Popularity Score | Distance from Cloyd (miles) |
|---|---|---|---|---|
| Nationwide | Shelton Insurance And Financial Inc | 223 Central Ave Ste A, Christiansburg, VA, 24068 | 12.1 | |
| Nationwide | Greg Ridpath Insurance Agency Inc | 6107 Fulk Drive, Radford, VA, 24141-0000 | 3.1 | |
| Travelers | Chas Lunsford Sons & Assoc | 16 E Church Ave, Roanoke, VA, 24011 | 38.7 | |
| State Farm | Ben Wheeler | 507 Mountain Lake Ave, Pearisburg, VA, 24134-1629 | 11.9 | |
| Erie | Brogan Insurance | 3224 Peters Creek Road, Roanoke, VA, 24019 | 36.3 | |
| Erie | Phipps Insurance Services Inc. | 2243 W Main Street, Salem, VA, 24153 | 30.4 | |
| State Farm | Chance Miller | 3555 Electric Rd Ste J, Roanoke, VA, 24018-4437 | 35.2 | |
| Farmers | Belinda Blodgett | 1055 E Main St, Radford, VA, 24141 | 4.8 | |
| State Farm | Ryan Wheeling | 25184 Virgil H Goode Hwy, Boones Mill, VA, 24065-4346 | 37.5 | |
| State Farm | Lew Thompson | 5929 Williamson Rd, Roanoke, VA, 24012-1243 | 38.9 |
| Place | Typical Home Value | Typical Home Insurance Costs | 25th Percentile | 75th Percentile | Potential Savings & Difference between 25th & 75th Percentile |
|---|---|---|---|---|---|
| Virginia | $255,800 | $952 | $650 | $1,360 | $710 |
| Pulaski County, VA | $139,600 | $695 | $470 | $980 | $510 |
| Cloyd, VA | $146,600 | $687 | $490 | $960 | $470 |
| Radford, VA | $160,600 | $656 | $470 | $930 | $460 |
| Christiansburg, VA | $182,300 | $701 | $480 | $990 | $510 |
| Speedwell, VA | $97,700 | $542 | $370 | $780 | $410 |
| Alderson, WV | $94,700 | $665 | $460 | $920 | $460 |
| Bramwell, WV | $60,800 | $533 | $380 | $760 | $380 |
| Boone, VA | $188,200 | $711 | $520 | $970 | $450 |
| Oak Level, VA | $91,000 | $507 | $360 | $690 | $330 |
| Meadow Bridge, WV | $59,200 | $526 | $380 | $720 | $340 |