Home Insurance in Griffin, Indiana
The median home value in Griffin is $127,700, 43% lower than the Posey County median.
The median home in Griffin was built in 1939 or earlier. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. About 95% of homes were built before 1960, about 66 points above Posey County's 28%.
The housing stock in Griffin is 100% single-family homes.
71% of owner-occupied homes in Griffin carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
Griffin has an owner-occupancy rate of 94% and a vacancy rate of 13%; unoccupied homes typically need a different coverage form.
Homes heated with wood can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies. In Griffin, 48% of homes are primarily heated with natural gas.
What's the biggest home insurance risk near Griffin? FEMA's National Risk Index points to earthquake (Relatively Low) in Posey County and Posey County had 111 active NFIP flood policies as of September 2026. See the full Posey County home insurance overview for all FEMA hazard ratings and flood coverage details. Earthquake damage is excluded from a standard homeowners policy.
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 | $127,700 |
|---|---|
| Median year built | 1939 or earlier |
| Owner-occupied share | 94% |
| Share of owner-occupied homes with a mortgage | 71% |
| Top county hazard | Earthquake (Relatively Low) |
| Active NFIP policies in Posey County | 111 |
| 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)