Home Insurance in Alfordsville, Indiana
With a median home value of $121,900, Alfordsville is 38% lower than the Daviess County median.
The typical home in Alfordsville was built around 1990. About 6% of homes were built before 1960, about 29 points below Daviess County's 35%. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.
In Alfordsville, the housing stock is 62% single-family homes and 38% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
About 91% of owner-occupied homes in Alfordsville have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Alfordsville has an owner-occupancy rate of 92% and a vacancy rate of 25%; unoccupied homes typically need a different coverage form.
50% of homes in Alfordsville are primarily heated with electricity. Homes heated with propane and fuel oil can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.
Daviess County had 15 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is earthquake (Relatively Low). See the full Daviess 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 | $121,900 |
|---|---|
| Median year built | 1990 |
| Owner-occupied share | 92% |
| Share of owner-occupied homes with a mortgage | 91% |
| Top county hazard | Earthquake (Relatively Low) |
| Active NFIP policies in Daviess County | 15 |
| 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)