Home Insurance in Newport News, Virginia
The median home value in Newport News is $260,600, close to the Newport News city median.
Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. The typical home in Newport News was built around 1979. About 20% of homes were built before 1960, in line with Newport News city (20%).
In Newport News, the housing stock is 61% single-family homes, 28% apartments in buildings with 5+ units and 2% mobile or manufactured homes.
In Newport News, about 71% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
About 48% of occupied homes in Newport News are owner-occupied. The vacancy rate is 7%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
In Newport News, 61% of homes are primarily heated with electricity.
Newport News city had 1,500 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is hurricane (Relatively Moderate). See the full Newport News 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 | $260,600 |
|---|---|
| Median year built | 1979 |
| Owner-occupied share | 48% |
| Share of owner-occupied homes with a mortgage | 71% |
| Top county hazard | Hurricane (Relatively Moderate) |
| Active NFIP policies in Newport News city | 1,500 |
| 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)