Home Insurance in Spring Hill, Indiana
With a median home value of $327,300, Spring Hill is 46% higher than the Marion County median.
The typical home in Spring Hill was built around 1984. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. About 12% of homes were built before 1960, about 21 points below Marion County's 33%.
The housing stock in Spring Hill is 94% single-family homes.
In Spring Hill, about 55% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Spring Hill has an owner-occupancy rate of 98% and a vacancy rate of 8%; unoccupied homes typically need a different coverage form.
In Spring Hill, 80% of homes are primarily heated with natural gas.
Marion County had 2,381 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is tornado (Very High). See the full Marion 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 | $327,300 |
|---|---|
| Median year built | 1984 |
| Owner-occupied share | 98% |
| Share of owner-occupied homes with a mortgage | 55% |
| Top county hazard | Tornado (Very High) |
| Active NFIP policies in Marion County | 2,381 |
| 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)