Home Insurance in Frankfort, Indiana
With a median home value of $138,600, Frankfort is 16% lower than the Clinton County median.
The typical home in Frankfort was built around 1952. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. About 61% of homes were built before 1960, about 7 points above Clinton County's 53%.
Housing in Frankfort breaks down to 77% single-family homes, 12% apartments in buildings with 5+ units and 2% mobile or manufactured homes.
52% of owner-occupied homes in Frankfort carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
The vacancy rate is 9%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 60% of occupied homes in Frankfort are owner-occupied.
In Frankfort, 76% of homes are primarily heated with natural gas.
What's the biggest home insurance risk near Frankfort? FEMA's National Risk Index points to hail (Relatively Moderate) in Clinton County and Clinton County had 46 active NFIP flood policies as of September 2026. See the full Clinton 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 | $138,600 |
|---|---|
| Median year built | 1952 |
| Owner-occupied share | 60% |
| Share of owner-occupied homes with a mortgage | 52% |
| Top county hazard | Hail (Relatively Moderate) |
| Active NFIP policies in Clinton County | 46 |
| 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)