Home Insurance in Muncie, Indiana
Homes in Muncie carry a median value of $97,300 - 30% lower than the Delaware County median.
The typical home in Muncie was built around 1963. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. About 46% of homes were built before 1960, about 8 points above Delaware County's 39%.
The housing stock in Muncie is 66% single-family homes, 20% apartments in buildings with 5+ units and 4% mobile or manufactured homes. The rest are 2-4 unit or other housing types. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
In Muncie, about 50% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Muncie has an owner-occupancy rate of 52% and a vacancy rate of 14%; unoccupied homes typically need a different coverage form.
65% of homes in Muncie are primarily heated with natural gas.
What's the biggest home insurance risk near Muncie? FEMA's National Risk Index points to tornado (Relatively High) in Delaware County and Delaware County had 338 active NFIP flood policies as of September 2026. See the full Delaware County home insurance overview for all FEMA hazard ratings and flood coverage details.
In Indiana, the statewide average premium for a standard HO-3 homeowners policy is $1,259 per year (NAIC, 2023 data).
Key figures
| Median home value | $97,300 |
|---|---|
| Median year built | 1963 |
| Owner-occupied share | 52% |
| Share of owner-occupied homes with a mortgage | 50% |
| Top county hazard | Tornado (Relatively High) |
| Active NFIP policies in Delaware County | 338 |
| 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)