Home Insurance in Greenville, Indiana

Homes in Greenville carry a median value of $318,900 - 27% higher than the Floyd County median.

The typical home in Greenville was built around 2012. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. About 10% of homes were built before 1960, about 18 points below Floyd County's 28%.

The housing stock in Greenville is 97% single-family homes and 1% mobile or manufactured homes.

About 81% of owner-occupied homes in Greenville have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.

Greenville has an owner-occupancy rate of 94% and a vacancy rate of 8%; unoccupied homes typically need a different coverage form.

Homes heated with propane can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies. In Greenville, 77% of homes are primarily heated with electricity.

Floyd County's top FEMA-rated hazard is strong wind (Relatively High), per FEMA's National Risk Index. Floyd County had 176 active NFIP flood policies as of September 2026. See the full Floyd County home insurance overview for all FEMA hazard ratings and flood coverage details.

The statewide average premium for a standard HO-3 homeowners policy in Indiana is $1,259 per year, according to the NAIC homeowners insurance report (2023 data).

Key figures

Median home value$318,900
Median year built2012
Owner-occupied share94%
Share of owner-occupied homes with a mortgage81%
Top county hazardStrong Wind (Relatively High)
Active NFIP policies in Floyd County176
Home insurance premium$1,259 - statewide average (NAIC, 2023 data)
Key home insurance figures for Greenville, IN

Nearby towns

Sources

Data last updated: 2026-09-29