Home Insurance in Mount Summit, Indiana
With a median home value of $214,100, Mount Summit is 39% higher than the Henry County median.
Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. The typical home in Mount Summit was built around 2002. About 35% of homes were built before 1960, about 14 points below Henry County's 49%.
Housing in Mount Summit breaks down to 97% single-family homes, 2% apartments in buildings with 5+ units and 1% mobile or manufactured homes.
About 78% of owner-occupied homes in Mount Summit have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Mount Summit has an owner-occupancy rate of 89% and a vacancy rate of 1%; unoccupied homes typically need a different coverage form.
In Mount Summit, 84% of homes are primarily heated with natural gas.
FEMA rates Henry County's overall risk as Relatively Low, led by tornado (Relatively Moderate). Henry County had 60 active NFIP flood policies as of September 2026. See the full Henry 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 | $214,100 |
|---|---|
| Median year built | 2002 |
| Owner-occupied share | 89% |
| Share of owner-occupied homes with a mortgage | 78% |
| Top county hazard | Tornado (Relatively Moderate) |
| Active NFIP policies in Henry County | 60 |
| 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)