Home Insurance in Margaret, Alabama
Homes in Margaret carry a median value of $230,900 - close to the St. Clair County median.
The typical home in Margaret was built around 2008. About 0% of homes were built before 1960, about 6 points below St. Clair County's 6%. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.
In Margaret, the housing stock is 74% single-family homes and 26% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
75% of owner-occupied homes in Margaret carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
The vacancy rate is 6%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 87% of occupied homes in Margaret are owner-occupied.
90% of homes in Margaret are primarily heated with electricity.
What's the biggest home insurance risk near Margaret? FEMA's National Risk Index points to tornado (Relatively High) in St. Clair County and St. Clair County had 332 active NFIP flood policies as of September 2026. See the full St. Clair 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 | $230,900 |
|---|---|
| Median year built | 2008 |
| Owner-occupied share | 87% |
| Share of owner-occupied homes with a mortgage | 75% |
| Top county hazard | Tornado (Relatively High) |
| Active NFIP policies in St. Clair County | 332 |
| 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)