Home Insurance in Alexandria city, Virginia
Homes in Alexandria city carry a median value of $735,100 - 92% higher than the Virginia median.
The typical home in Alexandria city was built around 1974. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. About 29% of homes were built before 1960, about 10 points above Virginia's 19%.
The housing stock in Alexandria city is 35% single-family homes and 61% apartments in buildings with 5+ units.
In Alexandria city, about 76% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Alexandria city has an owner-occupancy rate of 42% and a vacancy rate of 6%; unoccupied homes typically need a different coverage form.
50% of homes in Alexandria city are primarily heated with electricity.
FEMA's National Risk Index lists strong wind (Relatively High), inland flooding (Relatively Moderate) and earthquake (Relatively Low) as the leading hazards for Alexandria city. Standard homeowners policies exclude earthquake, so separate coverage is usually needed.
Standard homeowners insurance does not cover flood damage, so flood coverage needs a separate NFIP or private flood policy. As of September 2026, Alexandria city has 1,565 active NFIP flood policies on file.
According to the NAIC homeowners insurance report (2023 data), a standard HO-3 homeowners policy in Virginia carries a statewide average premium of $1,537 per year.
Key figures
| Median home value | $735,100 |
|---|---|
| Median year built | 1974 |
| Owner-occupied share | 42% |
| Share of owner-occupied homes with a mortgage | 76% |
| Top hazards (FEMA National Risk Index) | Strong Wind (Relatively High), Inland Flooding (Relatively Moderate), Earthquake (Relatively Low) |
| Active NFIP flood policies (county) | 1,565 |
| Home insurance premium | $1,537 - statewide average (NAIC, 2023 data) |
Towns and cities
Sources
Data last updated: 2026-09-29
- U.S. Census Bureau Gazetteer Files (2024)
- U.S. Census Bureau, American Community Survey 2020-2024 5-Year Estimates (2024)
- FEMA National Risk Index (December 2025)
- FEMA OpenFEMA NFIP Redacted Policies v3 (2026)
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owners Insurance: Data for 2023 (published 2026) (2023)