Home Insurance in Providence, Alabama
With a median home value of $165,900, Providence is 54% higher than the Marengo County median.
The typical home in Providence was built around 1979. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. About 12% of homes were built before 1960, about 5 points below Marengo County's 17%.
In Providence, the housing stock is 59% single-family homes, 1% apartments in buildings with 5+ units and 40% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
17% of owner-occupied homes in Providence carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
Providence has an owner-occupancy rate of 85% and a vacancy rate of 39%; unoccupied homes typically need a different coverage form.
Most homes in Providence - 69% - 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.
FEMA rates Marengo County's overall risk as Relatively Low, led by strong wind (Relatively Moderate). Marengo County had 75 active NFIP flood policies as of September 2026. See the full Marengo County home insurance overview for all FEMA hazard ratings and flood coverage details.
According to the NAIC homeowners insurance report (2023 data), a standard HO-3 homeowners policy in Alabama carries a statewide average premium of $1,906 per year.
Key figures
| Median home value | $165,900 |
|---|---|
| Median year built | 1979 |
| Owner-occupied share | 85% |
| Share of owner-occupied homes with a mortgage | 17% |
| Top county hazard | Strong Wind (Relatively Moderate) |
| Active NFIP policies in Marengo County | 75 |
| 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)