Home Insurance in Clifton Forge, Virginia
With a median home value of $109,500, Clifton Forge is 13% lower than the Alleghany County median.
The median home in Clifton Forge was built in 1939 or earlier. About 78% of homes were built before 1960, about 39 points above Alleghany County's 39%. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing.
In Clifton Forge, the housing stock is 75% single-family homes, 20% apartments in buildings with 5+ units and 1% mobile or manufactured homes.
About 40% of owner-occupied homes in Clifton Forge have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
About 64% of occupied homes in Clifton Forge are owner-occupied. The vacancy rate is 24%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
In Clifton Forge, 58% of homes are primarily heated with electricity.
What's the biggest home insurance risk near Clifton Forge? FEMA's National Risk Index points to strong wind (Relatively High) in Alleghany County and Alleghany County had 135 active NFIP flood policies as of September 2026. See the full Alleghany County home insurance overview for all FEMA hazard ratings and flood coverage details.
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 | $109,500 |
|---|---|
| Median year built | 1939 or earlier |
| Owner-occupied share | 64% |
| Share of owner-occupied homes with a mortgage | 40% |
| Top county hazard | Strong Wind (Relatively High) |
| Active NFIP policies in Alleghany County | 135 |
| Home insurance premium | $1,537 - statewide average (NAIC, 2023 data) |
Nearby towns
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)