Home Insurance in Inverness, Florida
With a median home value of $203,000, Inverness is 17% lower than the Citrus County median.
The typical home in Inverness was built around 1987. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. About 4% of homes were built before 1960, in line with Citrus County (3%).
In Inverness, the housing stock is 69% single-family homes, 12% apartments in buildings with 5+ units and 5% mobile or manufactured homes. The rest are 2-4 unit or other housing types. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
In Inverness, about 41% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Inverness has an owner-occupancy rate of 71% and a vacancy rate of 12%; unoccupied homes typically need a different coverage form.
Most homes in Inverness - 94% - are primarily heated with electricity.
FEMA rates Citrus County's overall risk as Relatively High, led by hurricane (Very High). Citrus County had 5,833 active NFIP flood policies as of September 2026. See the full Citrus County home insurance overview for all FEMA hazard ratings and flood coverage details.
The statewide average premium for a standard HO-3 homeowners policy in Florida is $2,779 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $203,000 |
|---|---|
| Median year built | 1987 |
| Owner-occupied share | 71% |
| Share of owner-occupied homes with a mortgage | 41% |
| Top county hazard | Hurricane (Very High) |
| Active NFIP policies in Citrus County | 5,833 |
| Home insurance premium | $2,779 - 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)