Home Insurance in Alleghany County, Virginia
Homes in Alleghany County carry a median value of $125,800 - 67% lower than the Virginia median.
Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. The typical home in Alleghany County was built around 1969. About 39% of homes were built before 1960, about 20 points above Virginia's 19%.
Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy. The housing stock in Alleghany County is 78% single-family homes, 8% apartments in buildings with 5+ units and 13% mobile or manufactured homes.
About 34% of owner-occupied homes in Alleghany County have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Alleghany County has an owner-occupancy rate of 82% and a vacancy rate of 19%; unoccupied homes typically need a different coverage form.
Most homes in Alleghany County - 66% - are primarily heated with electricity. Homes heated with fuel oil and wood can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.
FEMA's National Risk Index lists strong wind (Relatively High), inland flooding (Relatively Low) and hurricane (Very Low) as the leading hazards for Alleghany County.
Alleghany County had 135 active National Flood Insurance Program policies as of September 2026. Standard homeowners insurance does not cover flood damage, so flood coverage needs a separate NFIP or private flood policy.
The statewide average premium for a standard HO-3 homeowners policy in Virginia is $1,537 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $125,800 |
|---|---|
| Median year built | 1969 |
| Owner-occupied share | 82% |
| Share of owner-occupied homes with a mortgage | 34% |
| Top hazards (FEMA National Risk Index) | Strong Wind (Relatively High), Inland Flooding (Relatively Low), Hurricane (Very Low) |
| Active NFIP flood policies (county) | 135 |
| Home insurance premium | $1,537 - statewide average (NAIC, 2023 data) |
Towns and cities
Sources
- 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)