Home Insurance Costs with Deductible Scenarios in Lynchburg, VA & Nearby Areas

Place Name/Near by place	Typical Insured Amount ($)	High Deductible($) ($2500)	Low Deductible($) ($500)
Lynchburg, VA	$153800	$530	$729
Timberlake, VA	$173000	$490	$675
Bedford, VA	$150000	$501	$689
Amherst, VA	$163600	$567	$780
Altavista, VA	$142300	$484	$666
Madison Heights, VA	$131700	$459	$632
Bedford County, VA	$198100	$604	$831
Wreck Island, VA	$187700	$607	$836
Concord, VA	$143500	$487	$670
Falling River, VA	$189800	$610	$840

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Impact of Coverage Amount on Home Insurance Cost In Lynchburg, VA

Coverage Amount	Home Insurance Cost ($)
$100,000	$535
$200,000	$1,533
$300,000	$1,964
$400,000	$2,421
$500,000	$3,099
$750,000 to $1000,000	$3,583
Above $1000,000	$4,237

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Lynchburg, VA Homeowners Insurance Rates Compared to State & National Average Rates

	Average Home Insurance Cost($) National Average $1224
Lynchburg, VA Average Home Insurance Cost	$738.17
State Average Home Insurance Cost	$952
Difference Vs national Average	-485.83

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Top Homeowners Insurance Companies in Lynchburg, VA

Insurance Provider	Average Homeowners Insurance Cost($)
Erie	$1,041
Travco	$851
Virginia Farm Bureau	$777
Virginia Farm Bureau	$777

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Lynchburg, VA Home Insurance Discounts For Different Number of Claims

Type	Discount/Extra Cost in ($)	Premium After Claim Payout ($)
Claim Free	-96	642
One Claim	+37	775
Two Claims	+96	834

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