Home Insurance in Carroll County, Virginia
With a median home value of $156,500, Carroll County is 59% lower than the Virginia median.
The typical home in Carroll County was built around 1981. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. About 23% of homes were built before 1960, about 4 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 Carroll County is 76% single-family homes, 2% apartments in buildings with 5+ units and 20% mobile or manufactured homes.
About 41% of owner-occupied homes in Carroll County have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Carroll County has an owner-occupancy rate of 77% and a vacancy rate of 25%; unoccupied homes typically need a different coverage form.
In Carroll County, 70% of homes are primarily heated with electricity. Homes heated with propane, 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 hurricane (Relatively Low), wildfire (Very Low) and earthquake (Very Low) as the leading hazards for Carroll County. Standard homeowners policies exclude earthquake, so separate coverage is usually needed.
As of September 2026, Carroll County has 27 active NFIP flood insurance policies. Standard homeowners insurance does not cover flood damage, so flood coverage needs a separate NFIP or private flood policy.
In Virginia, the statewide average premium for a standard HO-3 homeowners policy is $1,537 per year (NAIC, 2023 data).
Key figures
| Median home value | $156,500 |
|---|---|
| Median year built | 1981 |
| Owner-occupied share | 77% |
| Share of owner-occupied homes with a mortgage | 41% |
| Top hazards (FEMA National Risk Index) | Hurricane (Relatively Low), Wildfire (Very Low), Earthquake (Very Low) |
| Active NFIP flood policies (county) | 27 |
| 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)