Home Insurance in Charlestown, Indiana
Homes in Charlestown carry a median value of $208,300 - 7% lower than the Clark County median.
Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. The typical home in Charlestown was built around 1988. About 25% of homes were built before 1960, about 4 points above Clark County's 21%.
Housing in Charlestown breaks down to 79% single-family homes, 12% apartments in buildings with 5+ units and 2% mobile or manufactured homes.
About 73% of owner-occupied homes in Charlestown have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
The vacancy rate is 7%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 77% of occupied homes in Charlestown are owner-occupied.
Most homes in Charlestown - 51% - are primarily heated with electricity.
Clark County had 719 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is strong wind (Relatively High). See the full Clark 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 Indiana carries a statewide average premium of $1,259 per year.
Key figures
| Median home value | $208,300 |
|---|---|
| Median year built | 1988 |
| Owner-occupied share | 77% |
| Share of owner-occupied homes with a mortgage | 73% |
| Top county hazard | Strong Wind (Relatively High) |
| Active NFIP policies in Clark County | 719 |
| Home insurance premium | $1,259 - 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)