Home Insurance in Norton, Virginia
With a median home value of $110,000, Norton is close to the Norton city median.
The typical home in Norton was built around 1973. About 34% of homes were built before 1960, in line with Norton city (34%). Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.
In Norton, the housing stock is 54% single-family homes, 20% apartments in buildings with 5+ units and 13% mobile or manufactured homes. The rest are 2-4 unit or other housing types. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
In Norton, about 44% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Norton has an owner-occupancy rate of 50% and a vacancy rate of 9%; unoccupied homes typically need a different coverage form.
In Norton, 96% of homes are primarily heated with electricity.
Norton city had 26 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is earthquake (Very Low). See the full Norton city home insurance overview for all FEMA hazard ratings and flood coverage details. Earthquake damage is excluded from a standard homeowners policy.
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 | $110,000 |
|---|---|
| Median year built | 1973 |
| Owner-occupied share | 50% |
| Share of owner-occupied homes with a mortgage | 44% |
| Top county hazard | Earthquake (Very Low) |
| Active NFIP policies in Norton city | 26 |
| 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)