Home Insurance in Vanderburgh County, Indiana
The median home value in Vanderburgh County is $184,000, 16% lower than the Indiana median.
The typical home in Vanderburgh County was built around 1970. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. About 41% of homes were built before 1960, about 10 points above Indiana's 31%.
In Vanderburgh County, the housing stock is 73% single-family homes, 17% apartments in buildings with 5+ units and 3% mobile or manufactured homes.
62% of owner-occupied homes in Vanderburgh County carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
About 65% of occupied homes in Vanderburgh County are owner-occupied. The vacancy rate is 8%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
In Vanderburgh County, 60% of homes are primarily heated with natural gas.
The top hazards for Vanderburgh County, per FEMA's National Risk Index, are earthquake (Relatively Moderate), tornado (Relatively High) and strong wind (Relatively High). Standard homeowners policies exclude earthquake, so separate coverage is usually needed.
Vanderburgh County had 597 active National Flood Insurance Program policies as of September 2026. Standard homeowners insurance does not cover flood damage, so flood coverage needs a separate NFIP or private flood 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 | $184,000 |
|---|---|
| Median year built | 1970 |
| Owner-occupied share | 65% |
| Share of owner-occupied homes with a mortgage | 62% |
| Top hazards (FEMA National Risk Index) | Earthquake (Relatively Moderate), Tornado (Relatively High), Strong Wind (Relatively High) |
| Active NFIP flood policies (county) | 597 |
| Home insurance premium | $1,259 - statewide average (NAIC, 2023 data) |
Towns and cities
Sources
- 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)