Home Insurance in Petrey, Alabama
With a median home value of $143,800, Petrey is 26% higher than the Crenshaw County median.
Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. The typical home in Petrey was built around 1957. About 62% of homes were built before 1960, about 47 points above Crenshaw County's 15%.
Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy. The housing stock in Petrey is 95% single-family homes and 5% mobile or manufactured homes.
29% of owner-occupied homes in Petrey carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
About 33% of occupied homes in Petrey are owner-occupied.
In Petrey, 57% of homes are primarily heated with electricity. Homes heated with propane can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.
Crenshaw County's top FEMA-rated hazard is hurricane (Relatively Moderate), per FEMA's National Risk Index. Crenshaw County had 4 active NFIP flood policies as of September 2026. See the full Crenshaw County home insurance overview for all FEMA hazard ratings and flood coverage details.
The statewide average premium for a standard HO-3 homeowners policy in Alabama is $1,906 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $143,800 |
|---|---|
| Median year built | 1957 |
| Owner-occupied share | 33% |
| Share of owner-occupied homes with a mortgage | 29% |
| Top county hazard | Hurricane (Relatively Moderate) |
| Active NFIP policies in Crenshaw County | 4 |
| Home insurance premium | $1,906 - statewide average (NAIC, 2023 data) |
Nearby towns
Sources
Data last updated: 2026-09-29
- 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)