Home Insurance in Williamsburg city, Virginia
With a median home value of $428,100, Williamsburg city is 12% higher than the Virginia median.
The typical home in Williamsburg city was built around 1987. About 16% of homes were built before 1960, about 4 points below Virginia's 19%. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.
Housing in Williamsburg city breaks down to 59% single-family homes and 27% apartments in buildings with 5+ units. The rest are 2-4 unit or other housing types.
About 56% of owner-occupied homes in Williamsburg city have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
The vacancy rate is 13%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 53% of occupied homes in Williamsburg city are owner-occupied.
Most homes in Williamsburg city - 58% - are primarily heated with electricity.
FEMA's National Risk Index lists hurricane (Relatively Low), earthquake (Very Low) and coastal flooding (Very Low) as the leading hazards for Williamsburg city. Standard homeowners policies exclude earthquake, so separate coverage is usually needed.
As of September 2026, Williamsburg city has 33 active NFIP flood insurance policies. Standard homeowners insurance does not cover flood damage, so flood coverage needs a separate NFIP or private flood 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 | $428,100 |
|---|---|
| Median year built | 1987 |
| Owner-occupied share | 53% |
| Share of owner-occupied homes with a mortgage | 56% |
| Top hazards (FEMA National Risk Index) | Hurricane (Relatively Low), Earthquake (Very Low), Coastal Flooding (Very Low) |
| Active NFIP flood policies (county) | 33 |
| 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)