Home Insurance in Kilmarnock, Virginia
The median home value in Kilmarnock is $282,400, 14% lower than the Lancaster County median.
Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. The typical home in Kilmarnock was built around 1985. About 20% of homes were built before 1960, about 3 points above Lancaster County's 17%.
Housing in Kilmarnock breaks down to 67% single-family homes and 13% apartments in buildings with 5+ units. The rest are 2-4 unit or other housing types.
42% of owner-occupied homes in Kilmarnock carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
Kilmarnock has an owner-occupancy rate of 58% and a vacancy rate of 14%; unoccupied homes typically need a different coverage form.
82% of homes in Kilmarnock are primarily heated with electricity. Homes heated with propane and fuel oil can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.
What's the biggest home insurance risk near Kilmarnock? FEMA's National Risk Index points to hurricane (Relatively Moderate) in Lancaster County and Lancaster County had 472 active NFIP flood policies as of September 2026. See the full Lancaster County home insurance overview for all FEMA hazard ratings and flood coverage details.
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 | $282,400 |
|---|---|
| Median year built | 1985 |
| Owner-occupied share | 58% |
| Share of owner-occupied homes with a mortgage | 42% |
| Top county hazard | Hurricane (Relatively Moderate) |
| Active NFIP policies in Lancaster County | 472 |
| 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)