Home Insurance in Evansville, Illinois
Homes in Evansville carry a median value of $88,200 - 35% lower than the Randolph County median.
The typical home in Evansville was built around 1949. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. About 70% of homes were built before 1960, about 33 points above Randolph County's 37%.
Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy. The housing stock in Evansville is 81% single-family homes and 15% mobile or manufactured homes.
In Evansville, about 38% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Evansville has an owner-occupancy rate of 78% and a vacancy rate of 11%; unoccupied homes typically need a different coverage form.
In Evansville, 71% of homes are primarily heated with natural gas.
Randolph County's top FEMA-rated hazard is earthquake (Relatively Moderate), per FEMA's National Risk Index. Randolph County had 141 active NFIP flood policies as of September 2026. See the full Randolph County home insurance overview for all FEMA hazard ratings and flood coverage details. Earthquake damage is excluded from a standard homeowners policy.
According to the NAIC homeowners insurance report (2023 data), a standard HO-3 homeowners policy in Illinois carries a statewide average premium of $1,480 per year.
Key figures
| Median home value | $88,200 |
|---|---|
| Median year built | 1949 |
| Owner-occupied share | 78% |
| Share of owner-occupied homes with a mortgage | 38% |
| Top county hazard | Earthquake (Relatively Moderate) |
| Active NFIP policies in Randolph County | 141 |
| Home insurance premium | $1,480 - 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)