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The 5 Best Homeowners Insurance Companies in West Virginia

To obtain the best homeowners insurance policy in West Virginia, you can analyze a shortlist of providers on important parameters such as coverage options, cost, customer service quality, number of complaints, ability to pay claims and others. Select a carrier with a good track record of processing claims and reimbursements for damages.

MoneyGeek compared and ranked the leading five insurance companies based on the average price of their policies in the state, J.D. Power customer satisfaction score and ability to pay claims based on AM Best’s financial stability rating to aid you in getting well-rounded, cheap home insurance in West Virginia.


1

USAAScore: 97

4.7/5

Affordability

5/5

User Satisfaction

5/5

Financial Stability


USAA's standard coverage includes fire, theft, vandalism, most weather-related events, liability, identity theft, home-sharing, earthquake and replacement cost. USAA offers discounts for loyalty, protective devices, claim-free customers and bundling of policies.

2

ErieScore: 94

5/5

Affordability

4.3/5

User Satisfaction

4.5/5

Financial Stability


Besides the typical home insurance features, Erie offers useful perks such as coverage for loss or theft of belongings, animals (up to $500) and guaranteed replacement cost. You can customize your policy with options like coverage for underground utility pipes and lines, water backup and sump overflow, identity theft recovery, art, jewelry and high-end valuables, firearms and equipment breakdown, including smart home technology and computers.

Read MoneyGeek's Erie Home Insurance Review

3

NationwideScore: 90

4.6/5

Affordability

4.3/5

User Satisfaction

4.5/5

Financial Stability


Nationwide's standard homeowners insurance policy offers coverage for replacement cost dwelling, replacement cost personal property, loss of use, loss assessment, inflation protection and ordinance or law. The highlights of this provider are flexible policies for a variety of budgets and homes, simple web-based application and claim process and multiple opportunities for discounts.

Read MoneyGeek's Nationwide Home Insurance Review

4

State FarmScore: 80

3.6/5

Affordability

4.1/5

User Satisfaction

5/5

Financial Stability


State Farm's homeowners insurance policies cover losses caused by lightning or fire, hail or windstorm, freezing of plumbing system and theft. State Farm offers rebates for roofing material, utility rating, multiple policies, claim-free customers, fire sprinklers and home security devices.

Read MoneyGeek's State Farm Home Insurance Review

5

AllstateScore: 73

3/5

Affordability

4.2/5

User Satisfaction

4.5/5

Financial Stability


Allstate's homeowners insurance policies offer standard coverage for the house's structure, personal belongings, additional living expenses and liability. Allstate also offers supplemental tools like Premium Gauge, Claim RateGuard, Good Life benefits and mobile apps that you can use for bill payments and more.

Read MoneyGeek's Allstate Home Insurance Review

What Is the Average Cost of Homeowners Insurance in West Virginia?

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home insurance is 0.0% more than the average.

Providers estimate homeowners insurance in West Virginia based on elements like crime rate, home value and exposure to risks such as natural disasters. West Virginia homeowners insurance rates are an average of $843 per year for a dwelling coverage baseline amount of $100,000. This average yearly cost is 59.9% cheaper than the nationwide average of $2,103.

Home Insurance Calculator: Estimate the Cost of Homeowners Insurance in West Virginia

Your individual circumstances and area-related elements can impact your homeowners insurance price in West Virginia. Providers also consider other factors like your home’s age, roof quality, dwelling value, frequency of claims, deductibles and personal property to determine home insurance rates.

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Home Insurance Calculator

State

West Virginia

Dwelling Coverage

$100,000

Deductible

$500

Liability

$300,000

Personal Property

$150,000

Credit Score

Excellent
moneygeek-logo

low end

on average

high end

These are annual estimates. Get a personalized quote to determine your costs.

The Cheapest Homeowners Insurance Quotes in West Virginia

To acquire cheap homeowners insurance in West Virginia, you can consider coverage from Erie. This carrier’s average annual rate is $686 for a dwelling coverage baseline amount of $100,000. This average yearly premium is about $157, or 18.6%, less than the state average. If you want extra coverage features than what Erie provides, you can compare homeowners insurance quotes to find an apt policy for your property and budget.

Cheapest Homeowners Insurance by Dwelling Coverage

Dwelling Coverage:

$100,000
Company
Amountper year
1. Erie
In 2020, Erie ranked #1 for the cheapest homeowners insurance with $100,000 in dwelling coverage in West Virginia.
$686
2. USAA
In 2020, USAA ranked #2 for the cheapest homeowners insurance with $100,000 in dwelling coverage in West Virginia.
$742
3. Nationwide
In 2020, Nationwide ranked #3 for the cheapest homeowners insurance with $100,000 in dwelling coverage in West Virginia.
$757
4. State Farm
In 2020, State Farm ranked #4 for the cheapest homeowners insurance with $100,000 in dwelling coverage in West Virginia.
$955
5. Allstate
In 2020, Allstate ranked #5 for the cheapest homeowners insurance with $100,000 in dwelling coverage in West Virginia.
$1,074

Best Cheap Homeowners Insurance Companies for Expensive Homes

If your residence is expensive, like a $2 million home, you can find cheap homeowners insurance plans in West Virginia. USAA is the most affordable option in this state for a $2 million property, with an average yearly premium of $6,176, but it only serves military personnel and their families. The next cheapest provider is Allstate, with an average annual premium of $9,138 for a $2 million house.

Cheapest Homeowners Insurance Companies for High-Value Homes
Company
Amountper year
1. USAA
In 2020, USAA ranked #1 in West Virginia for the cheapest homeowners insurance for high-value homes.
$6,176
2. Allstate
In 2020, Allstate ranked #2 in West Virginia for the cheapest homeowners insurance for high-value homes.
$9,138
3. Erie
In 2020, Erie ranked #3 in West Virginia for the cheapest homeowners insurance for high-value homes.
$9,893
4. State Farm
In 2020, State Farm ranked #4 in West Virginia for the cheapest homeowners insurance for high-value homes.
$10,322
5. Nationwide
In 2020, Nationwide ranked #5 in West Virginia for the cheapest homeowners insurance for high-value homes.
$12,126

Best Homeowners Insurance Companies if You Have a Pool

An add-on like a pool can increase your home insurance cost in West Virginia. USAA offers the cheapest average rate of $1,222 for a pool property in this state, but its services are only available to military members and their families. The next most affordable option is Erie, with an average annual price of $1,298 for a pool house with an average dwelling cost of $250,000.

Cheapest Homeowners Insurance for Pool Home
Company
Amountper year
1. USAA
In 2020, USAA ranked #1 in West Virginia for the cheapest homeowners insurance for homes with a pool.
$1,222
2. Erie
In 2020, Erie ranked #2 in West Virginia for the cheapest homeowners insurance for homes with a pool.
$1,298
3. Nationwide
In 2020, Nationwide ranked #3 in West Virginia for the cheapest homeowners insurance for homes with a pool.
$1,448
4. State Farm
In 2020, State Farm ranked #4 in West Virginia for the cheapest homeowners insurance for homes with a pool.
$1,778
5. Allstate
In 2020, Allstate ranked #5 in West Virginia for the cheapest homeowners insurance for homes with a pool.
$1,924

Cheapest Home Insurance in West Virginia if You Have Poor Credit

In West Virginia, your credit score is a factor home insurance providers use to determine your rates. You can raise your credit score by keeping your debt low and making timely credit card payments. Enhancing your credit score may reduce your house insurance costs. For those with poor credit, Nationwide presents the cheapest home insurance rate in West Virginia. This firm’s average annual premium is $1,840 for a dwelling coverage baseline amount of $100,000.

Cheapest Homeowners Insurance for Poor Credit
Company
Amountper year
1. Nationwide
In 2020, Nationwide ranked #1 for the cheapest homeowners insurance for owners with poor credit in West Virginia.
$1,840
2. State Farm
In 2020, State Farm ranked #2 for the cheapest homeowners insurance for owners with poor credit in West Virginia.
$2,151
3. Allstate
In 2020, Allstate ranked #3 for the cheapest homeowners insurance for owners with poor credit in West Virginia.
$2,478
4. USAA
In 2020, USAA ranked #4 for the cheapest homeowners insurance for owners with poor credit in West Virginia.
$2,857
5. Erie
In 2020, Erie ranked #5 for the cheapest homeowners insurance for owners with poor credit in West Virginia.
$4,569

How to Get Homeowners Insurance Quotes in West Virginia

To get home insurance in West Virginia, you need to provide necessary details like your name, address, phone number and Social Security number. You might also need to inform your provider about the estimated worth of your house and possessions, as well as any installed extras like a pool. If you like to organize get-togethers, you might want to get liability coverage to protect you from any possible injury a guest may experience on your property. The insurance carrier will offer you a personalized quote based on your responses.

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Other Considerations for Homeowners Insurance in West Virginia

Other considerations like the average home value, crime statistics and weather risks in your region can influence your homeowners insurance cost in West Virginia. For instance, West Virginia ranks 44th in the U.S. for the number of crimes. FBI statistics disclose that there were 26,827 property crimes and 5,236 violent crimes in the state in 2018.

In terms of home value, West Virginia ranks last with an average price of $108,236. Hazardous weather conditions can pose a risk of damaging your house in some areas. You can prepare for emergencies by getting proper home insurance safeguards.


Do You Need Flood Insurance in West Virginia?This is an icon

West Virginia ranks first in the U.S. for flood risk, with about 326,600 — or 24.4% — of properties that may experience flood damage. You can check with your provider if it offers a government-sponsored National Flood Insurance Program (NFIP) policy. In addition, you could consider investing in an extra private package to increase the coverage amount.

Do You Need Hail Insurance in West Virginia?This is an icon

It might be wise for West Virginia homeowners to protect their home from potential hail damage, since this state ranks 28th in the U.S. with 129 hail events in 2011.

Methodology

MoneyGeek analyzed homeowners insurance premiums from 16 of the top insurance companies in West Virginia that were provided in partnership with Quadrant. Our analysis includes quotes from ZIP codes across West Virginia. Quotes were gathered with an average home profile of 2,500 square feet, built in 2000, with an average dwelling coverage value of $100,000, liability coverage of $100,000 and personal property coverage of $100,000.

Sources