Home Insurance in Hamilton, Alabama
The median home value in Hamilton is $106,300, close to the Marion County median.
The typical home in Hamilton was built around 1976. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. About 14% of homes were built before 1960, about 3 points below Marion County's 17%.
The housing stock in Hamilton is 58% single-family homes, 15% apartments in buildings with 5+ units and 10% mobile or manufactured homes. The rest are 2-4 unit or other housing types. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
In Hamilton, about 33% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Hamilton has an owner-occupancy rate of 67% and a vacancy rate of 25%; unoccupied homes typically need a different coverage form.
In Hamilton, 60% of homes are primarily heated with electricity.
What's the biggest home insurance risk near Hamilton? FEMA's National Risk Index points to tornado (Relatively High) in Marion County and Marion County had 28 active NFIP flood policies as of September 2026. See the full Marion 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 | $106,300 |
|---|---|
| Median year built | 1976 |
| Owner-occupied share | 67% |
| Share of owner-occupied homes with a mortgage | 33% |
| Top county hazard | Tornado (Relatively High) |
| Active NFIP policies in Marion County | 28 |
| 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)