Home Insurance in Selma, California
With a median home value of $315,300, Selma is 19% lower than the Fresno County median.
Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. The typical home in Selma was built around 1983. About 19% of homes were built before 1960, about 1 point below Fresno County's 20%.
In Selma, the housing stock is 73% single-family homes, 13% apartments in buildings with 5+ units and 7% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
In Selma, about 58% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Selma has an owner-occupancy rate of 60% and a vacancy rate of 5%; unoccupied homes typically need a different coverage form.
55% of homes in Selma are primarily heated with natural gas.
What's the biggest home insurance risk near Selma? FEMA's National Risk Index points to earthquake (Relatively High) in Fresno County and Fresno County had 1,105 active NFIP flood policies as of September 2026. See the full Fresno County home insurance overview for all FEMA hazard ratings and flood coverage details. Earthquake damage is excluded from a standard homeowners policy.
In California, the statewide average premium for a standard HO-3 homeowners policy is $1,655 per year (NAIC, 2023 data).
Key figures
| Median home value | $315,300 |
|---|---|
| Median year built | 1983 |
| Owner-occupied share | 60% |
| Share of owner-occupied homes with a mortgage | 58% |
| Top county hazard | Earthquake (Relatively High) |
| Active NFIP policies in Fresno County | 1,105 |
| Home insurance premium | $1,655 - 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)