Home Insurance in Belmont, California
Belmont's median home value is $2,000,000+.
The typical home in Belmont was built around 1966. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. About 35% of homes were built before 1960, about 6 points below San Mateo County's 40%.
The housing stock in Belmont is 59% single-family homes and 38% apartments in buildings with 5+ units.
In Belmont, about 71% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Belmont has an owner-occupancy rate of 55% and a vacancy rate of 7%; unoccupied homes typically need a different coverage form.
In Belmont, 65% of homes are primarily heated with natural gas.
FEMA rates San Mateo County's overall risk as Relatively High, led by earthquake (Relatively High). San Mateo County had 4,143 active NFIP flood policies as of September 2026. See the full San Mateo County home insurance overview for all FEMA hazard ratings and flood coverage details. Earthquake damage is excluded from a standard homeowners policy.
The statewide average premium for a standard HO-3 homeowners policy in California is $1,655 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $2,000,000+ |
|---|---|
| Median year built | 1966 |
| Owner-occupied share | 55% |
| Share of owner-occupied homes with a mortgage | 71% |
| Top county hazard | Earthquake (Relatively High) |
| Active NFIP policies in San Mateo County | 4,143 |
| 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)