Home Insurance in Alvan (Alvin), Illinois
Homes in Alvan (Alvin) carry a median value of $91,600 - 6% lower than the Vermilion County median.
Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. The typical home in Alvan (Alvin) was built around 1948. About 57% of homes were built before 1960, about 5 points above Vermilion County's 53%.
The housing stock in Alvan (Alvin) is 97% single-family homes and 3% mobile or manufactured homes.
In Alvan (Alvin), about 48% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Alvan (Alvin) has an owner-occupancy rate of 97% and a vacancy rate of 14%; unoccupied homes typically need a different coverage form.
Most homes in Alvan (Alvin) - 59% - are primarily heated with natural gas. Homes heated with propane can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.
Vermilion County had 48 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is winter weather (Relatively High). See the full Vermilion County home insurance overview for all FEMA hazard ratings and flood coverage details.
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 | $91,600 |
|---|---|
| Median year built | 1948 |
| Owner-occupied share | 97% |
| Share of owner-occupied homes with a mortgage | 48% |
| Top county hazard | Winter Weather (Relatively High) |
| Active NFIP policies in Vermilion County | 48 |
| 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)