Home Insurance in Globe, Arizona
The median home value in Globe is $206,700, 23% lower than the Gila County median.
The typical home in Globe was built around 1967. About 40% of homes were built before 1960, about 27 points above Gila County's 14%. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.
In Globe, the housing stock is 78% single-family homes, 6% apartments in buildings with 5+ units and 10% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
In Globe, about 52% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Globe has an owner-occupancy rate of 74% and a vacancy rate of 10%; unoccupied homes typically need a different coverage form.
In Globe, 56% of homes are primarily heated with natural gas.
What's the biggest home insurance risk near Globe? FEMA's National Risk Index points to wildfire (Relatively High) in Gila County and Gila County had 296 active NFIP flood policies as of September 2026. See the full Gila 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 Arizona carries a statewide average premium of $1,194 per year.
Key figures
| Median home value | $206,700 |
|---|---|
| Median year built | 1967 |
| Owner-occupied share | 74% |
| Share of owner-occupied homes with a mortgage | 52% |
| Top county hazard | Wildfire (Relatively High) |
| Active NFIP policies in Gila County | 296 |
| Home insurance premium | $1,194 - 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)