Home Insurance in Shirley, Indiana
Homes in Shirley carry a median value of $113,100 - 59% lower than the Hancock County median.
The typical home in Shirley was built around 1956. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. About 53% of homes were built before 1960, about 35 points above Hancock County's 18%.
In Shirley, the housing stock is 84% single-family homes, 11% apartments in buildings with 5+ units and 3% mobile or manufactured homes.
About 66% of owner-occupied homes in Shirley have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Shirley has an owner-occupancy rate of 84% and a vacancy rate of 7%; unoccupied homes typically need a different coverage form.
74% of homes in Shirley are primarily heated with natural gas.
Hancock County had 194 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is tornado (Relatively Moderate). See the full Hancock 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 | $113,100 |
|---|---|
| Median year built | 1956 |
| Owner-occupied share | 84% |
| Share of owner-occupied homes with a mortgage | 66% |
| Top county hazard | Tornado (Relatively Moderate) |
| Active NFIP policies in Hancock County | 194 |
| 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)