Home Insurance in Highland, Indiana
With a median home value of $233,300, Highland is close to the Lake County median.
The typical home in Highland was built around 1967. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. About 35% of homes were built before 1960, about 4 points below Lake County's 39%.
The housing stock in Highland is 76% single-family homes, 20% apartments in buildings with 5+ units and 1% mobile or manufactured homes.
In Highland, about 63% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Highland has an owner-occupancy rate of 78% and a vacancy rate of 4%; unoccupied homes typically need a different coverage form.
Most homes in Highland - 85% - are primarily heated with natural gas.
FEMA rates Lake County's overall risk as Relatively High, led by tornado (Very High). Lake County had 1,005 active NFIP flood policies as of September 2026. See the full Lake 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 | $233,300 |
|---|---|
| Median year built | 1967 |
| Owner-occupied share | 78% |
| Share of owner-occupied homes with a mortgage | 63% |
| Top county hazard | Tornado (Very High) |
| Active NFIP policies in Lake County | 1,005 |
| 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)