Home Insurance in Colonial Heights, Virginia
With a median home value of $246,600, Colonial Heights is close to the Colonial Heights city median.
Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. The typical home in Colonial Heights was built around 1970. About 27% of homes were built before 1960, in line with Colonial Heights city (27%).
The housing stock in Colonial Heights is 83% single-family homes and 11% apartments in buildings with 5+ units.
In Colonial Heights, about 62% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
About 68% of occupied homes in Colonial Heights are owner-occupied. The vacancy rate is 7%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
Most homes in Colonial Heights - 58% - are primarily heated with electricity.
Colonial Heights city's top FEMA-rated hazard is hurricane (Relatively Low), per FEMA's National Risk Index. Colonial Heights city had 48 active NFIP flood policies as of September 2026. See the full Colonial Heights city 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 | $246,600 |
|---|---|
| Median year built | 1970 |
| Owner-occupied share | 68% |
| Share of owner-occupied homes with a mortgage | 62% |
| Top county hazard | Hurricane (Relatively Low) |
| Active NFIP policies in Colonial Heights city | 48 |
| 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)