Gavop's guide to buying homeowners insurance in Fincastle, 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 | $51,000 | $50,000 | $25,000-$50,000 |
| 2 Bedroom | $84,500 | $80,000 | $50,000-$75,000 |
| 3 Bedroom | $114,500 | $100,000 | $75,000-$100,000 |
| 4 Bedroom | $265,000 | $230,000 | $200,000-$250,000 |
| 5 Bedroom | $174,000 | $150,000 | $175,000-$200,000 |
| Type | Discount ($) | Premium After Discount ($) |
|---|---|---|
| Multipolicy Discount | -$142 | $604 |
| Superior Protection Discount | -$67 | $678 |
| Fire & Security Discount | -$82 | $663 |
| Hail Resistant Roof Discount | -$22 | $723 |
| Newly Constructed Home Discount | -$179 | $566 |
| 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 |
| Botetourt County | $700 | $857 | $1,557 | $623 | $1,323 | $234 |
| Fincastle, VA | $2,000 | $736 | $2,736 | $535 | $2,535 | $201 |
| Daleville, VA | $300 | $965 | $1,265 | $701 | $1,001 | $264 |
| Salem, VA | $1,500 | $676 | $2,176 | $492 | $1,992 | $185 |
| Boones Mill, VA | $200 | $764 | $964 | $555 | $755 | $209 |
| Greenbrier County, WV | $700 | $702 | $1,402 | $511 | $1,211 | $192 |
| Craigsville, VA | $500 | $628 | $1,128 | $457 | $957 | $172 |
| Little Levels, WV | $2,000 | $747 | $2,747 | $543 | $2,543 | $204 |
| Altavista, VA | $400 | $666 | $1,066 | $484 | $884 | $182 |
| Locust Grove, VA | $2,000 | $648 | $2,648 | $471 | $2,471 | $177 |
| Franklin County, VA | $100 | $788 | $888 | $572 | $672 | $215 |
| Ferrum, VA | $700 | $679 | $1,379 | $493 | $1,193 | $185 |
| Home Insurance Company Fincastle, VA | Homeowners Insurance Agency Fincastle, VA | Address | Popularity Score | Distance from Fincastle (miles) |
|---|---|---|---|---|
| State Farm | Kim Bergsten | 1550 Roanoke Rd, Daleville, VA, 24083-2918 | 15.5 | |
| Travelers | Roanoke Insurance Agency | 2223 Crystal Spring Ave, Roanoke, VA, 24014 | 26.6 | |
| Erie | Connie Kesler & Associates Insurance Inc. | 1084 Thomas Jefferson Road Suite 7, Forest, VA, 24551 | 36.6 | |
| Erie | Bill Meador Insurance Agency | 2896 Northview Drive Sw, Roanoke, VA, 24015 | 26.7 | |
| Travelers | Derek Wiley Agency Inc | 1616 Roanoke Road Suite 100, Daleville, VA, 24083 | 15.4 | |
| State Farm | Brent Hershey | 3178 Roanoke Rd, Daleville, VA, 24083-3151 | 13.9 | |
| Travelers | Racey & Dean Inc | 535 Main St, Clifton Forge, VA, 24422 | 13.2 | |
| Nationwide | Cothran Insurance | 423 Laxton Rd, Lynchburg, VA, 24502 | 39.3 | |
| Erie | Marks-Tiller Insurance Agency | 7726 Williamson Road Suite 103, Roanoke, VA, 24019 | 19.7 | |
| Erie | Brogan Insurance | 3224 Peters Creek Road, Roanoke, VA, 24019 | 22.4 |
| Place | Typical Home Value | Typical Home Insurance Costs | 25th Percentile | 75th Percentile | Potential Savings & Difference between 25th & 75th Percentile |
|---|---|---|---|---|---|
| Virginia | $255,800 | $952 | $640 | $1,310 | $670 |
| Botetourt County, VA | $220,000 | $868 | $600 | $1,220 | $620 |
| Fincastle, VA | $209,300 | $745 | $510 | $1,050 | $540 |
| Daleville, VA | $277,400 | $977 | $660 | $1,390 | $730 |
| Salem, VA | $174,000 | $685 | $490 | $970 | $480 |
| Boones Mill, VA | $157,800 | $773 | $560 | $1,110 | $550 |
| Greenbrier County, WV | $115,400 | $711 | $520 | $970 | $450 |
| Craigsville, VA | $118,400 | $636 | $430 | $900 | $470 |
| Little Levels, WV | $122,900 | $756 | $550 | $1,040 | $490 |
| Altavista, VA | $142,300 | $674 | $460 | $960 | $500 |
| Locust Grove, VA | $123,200 | $656 | $470 | $900 | $430 |
| Franklin County, VA | $176,900 | $797 | $540 | $1,130 | $590 |
| Ferrum, VA | $131,500 | $687 | $500 | $950 | $450 |