Home Insurance in Gilroy, California

Homes in Gilroy carry a median value of $1,027,400 - 31% lower than the Santa Clara County median.

Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. The typical home in Gilroy was built around 1989. About 12% of homes were built before 1960, about 10 points below Santa Clara County's 22%.

In Gilroy, the housing stock is 76% single-family homes, 15% apartments in buildings with 5+ units and 2% mobile or manufactured homes.

About 78% of owner-occupied homes in Gilroy have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.

Gilroy has an owner-occupancy rate of 62% and a vacancy rate of 3%; unoccupied homes typically need a different coverage form.

61% of homes in Gilroy are primarily heated with natural gas.

FEMA rates Santa Clara County's overall risk as Very High, led by earthquake (Very High). Santa Clara County had 11,381 active NFIP flood policies as of September 2026. See the full Santa Clara 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$1,027,400
Median year built1989
Owner-occupied share62%
Share of owner-occupied homes with a mortgage78%
Top county hazardEarthquake (Very High)
Active NFIP policies in Santa Clara County11,381
Home insurance premium$1,655 - statewide average (NAIC, 2023 data)
Key home insurance figures for Gilroy, CA

Nearby towns

Sources

Data last updated: 2026-09-29