Virginia Renters Insurance

Whether you rent an ocean-view condo in Virginia Beach or a Colonial home outside Charlottesville, Virginia renters insurance can help you repair or replace your personal belongings if they’re damaged or stolen.

How much does renters insurance generally cost in Virginia?

Renters in Virginia can pay as little as $12.50 a month (or $152 per year) for around $35,000¹ in coverage, according to 2021 data (the most recent available) from the National Association of Insurance Commissioners (NAIC). However, insurance premiums in most states have changed since then. Also, your cost may be different, depending on things like how much personal property you want to cover, what deductible you choose and risks specific to where you live.

What does renters insurance typically cover in Virginia?

Typically, renters insurance policies in Virginia can provide coverage against damage to or loss of personal belongings if caused by:

Fire
Vandalism and theft
Lightning strikes
Wind
Hail
Explosions
Falling objects
The weight of snow or ice

While some of the damage caused by a hurricane’s high winds may be covered, damage from any kind of flooding is not. Special flood insurance is available through the National Flood Insurance Program (NFIP), and you may also be able to obtain separate insurance to cover other kinds of hurricane-related damage.

Is renters insurance required in Virginia?

No. Virginia has no laws that require renters insurance, but your landlord may require it as part of a lease agreement. It may help pay for another person’s medical bills or repairs to their property if you’re found legally responsible for their injuries or property damage. Renters liability coverage may also help cover your legal expenses if you’re sued over an incident that occurs in the place you’re renting. Keep in mind that your landlord’s insurance covers the building itself but not your possessions.

Dogwood Blossom

More coverage options in Virginia

Learn From Experience

Do you have more questions about renters insurance? We have answers.

Would Renters Insurance Be Worth It If I Don't Own Much?

Even though you’re just getting started, your personal possessions are probably worth more than you realize. Now imagine you have to run out and replace everything at today’s prices. That’s going to be a very expensive shopping trip — unless you have renters insurance to help cover the cost.

Does Renters Insurance Cover Theft?

Your renters policy helps cover the contents of your apartment for a number of perils — including theft. If someone walks off with your laptop or sound system, your policy can help cover the cost to go out and buy a new one.