Home Insurance in Narrows, Virginia
With a median home value of $119,400, Narrows is 21% lower than the Giles County median.
Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. The typical home in Narrows was built around 1946. About 71% of homes were built before 1960, about 31 points above Giles County's 40%.
In Narrows, the housing stock is 93% single-family homes and 1% apartments in buildings with 5+ units.
In Narrows, about 52% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Narrows has an owner-occupancy rate of 78% and a vacancy rate of 18%; unoccupied homes typically need a different coverage form.
Homes heated with fuel oil can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies. 58% of homes in Narrows are primarily heated with electricity.
Giles County had 87 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is earthquake (Very Low). See the full Giles County home insurance overview for all FEMA hazard ratings and flood coverage details. Earthquake damage is excluded from a standard homeowners 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 | $119,400 |
|---|---|
| Median year built | 1946 |
| Owner-occupied share | 78% |
| Share of owner-occupied homes with a mortgage | 52% |
| Top county hazard | Earthquake (Very Low) |
| Active NFIP policies in Giles County | 87 |
| 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)