Home Insurance in Waynesboro city, Virginia
The median home value in Waynesboro city is $245,500, 36% lower than the Virginia median.
The typical home in Waynesboro city was built around 1969. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. About 36% of homes were built before 1960, about 17 points above Virginia's 19%.
Housing in Waynesboro city breaks down to 73% single-family homes and 15% apartments in buildings with 5+ units. The rest are 2-4 unit or other housing types.
In Waynesboro city, about 73% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Waynesboro city has an owner-occupancy rate of 60% and a vacancy rate of 6%; unoccupied homes typically need a different coverage form.
48% of homes in Waynesboro city are primarily heated with natural gas.
The top hazards for Waynesboro city, per FEMA's National Risk Index, are hurricane (Relatively Low), earthquake (Very Low) and inland flooding (Very Low). Standard homeowners policies exclude earthquake, so separate coverage is usually needed.
Standard homeowners insurance does not cover flood damage, so flood coverage needs a separate NFIP or private flood policy. As of September 2026, Waynesboro city has 110 active NFIP flood policies on file.
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 | $245,500 |
|---|---|
| Median year built | 1969 |
| Owner-occupied share | 60% |
| Share of owner-occupied homes with a mortgage | 73% |
| Top hazards (FEMA National Risk Index) | Hurricane (Relatively Low), Earthquake (Very Low), Inland Flooding (Very Low) |
| Active NFIP flood policies (county) | 110 |
| Home insurance premium | $1,537 - statewide average (NAIC, 2023 data) |
Towns and cities
Sources
- 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)