Home Insurance in Center Point, Indiana
Homes in Center Point carry a median value of $94,800 - 38% lower than the Clay County median.
The median home in Center Point was built in 1939 or earlier. About 61% of homes were built before 1960, about 23 points above Clay County's 38%. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.
In Center Point, the housing stock is 90% single-family homes, 6% apartments in buildings with 5+ units and 3% mobile or manufactured homes.
77% of owner-occupied homes in Center Point carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
Center Point has an owner-occupancy rate of 82% and a vacancy rate of 9%; unoccupied homes typically need a different coverage form.
56% of homes in Center Point are primarily heated with natural gas.
Clay County's top FEMA-rated hazard is earthquake (Relatively Low), per FEMA's National Risk Index. Clay County had 34 active NFIP flood policies as of September 2026. See the full Clay 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 Indiana carries a statewide average premium of $1,259 per year.
Key figures
| Median home value | $94,800 |
|---|---|
| Median year built | 1939 or earlier |
| Owner-occupied share | 82% |
| Share of owner-occupied homes with a mortgage | 77% |
| Top county hazard | Earthquake (Relatively Low) |
| Active NFIP policies in Clay County | 34 |
| 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)