Home Insurance in Allen County, Indiana

Homes in Allen County carry a median value of $214,900 - close to the Indiana median.

The typical home in Allen County was built around 1976. About 28% of homes were built before 1960, about 4 points below Indiana's 31%. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild.

The housing stock in Allen County is 76% single-family homes, 15% apartments in buildings with 5+ units and 3% mobile or manufactured homes.

In Allen County, about 64% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.

The vacancy rate is 6%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 69% of occupied homes in Allen County are owner-occupied.

69% of homes in Allen County are primarily heated with natural gas.

The top hazards for Allen County, per FEMA's National Risk Index, are strong wind (Relatively High), tornado (Relatively High) and inland flooding (Relatively High).

Allen County had 586 active National Flood Insurance Program policies as of September 2026. Standard homeowners insurance does not cover flood damage, so flood coverage needs a separate NFIP or private flood policy.

The statewide average premium for a standard HO-3 homeowners policy in Indiana is $1,259 per year, according to the NAIC homeowners insurance report (2023 data).

Key figures

Median home value$214,900
Median year built1976
Owner-occupied share69%
Share of owner-occupied homes with a mortgage64%
Top hazards (FEMA National Risk Index)Strong Wind (Relatively High), Tornado (Relatively High), Inland Flooding (Relatively High)
Active NFIP flood policies (county)586
Home insurance premium$1,259 - statewide average (NAIC, 2023 data)

Towns and cities

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