Home Insurance in Wabash, Indiana
Homes in Wabash carry a median value of $116,500 - 26% lower than the Wabash County median.
The typical home in Wabash was built around 1954. About 61% of homes were built before 1960, about 10 points above Wabash County's 51%. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.
In Wabash, the housing stock is 81% single-family homes, 9% apartments in buildings with 5+ units and 1% mobile or manufactured homes.
In Wabash, about 61% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Wabash has an owner-occupancy rate of 71% and a vacancy rate of 10%; unoccupied homes typically need a different coverage form.
74% of homes in Wabash are primarily heated with natural gas.
Wabash County's top FEMA-rated hazard is tornado (Relatively Moderate), per FEMA's National Risk Index. Wabash County had 78 active NFIP flood policies as of September 2026. See the full Wabash County home insurance overview for all FEMA hazard ratings and flood coverage details.
According to the NAIC homeowners insurance report (2023 data), a standard HO-3 homeowners policy in Indiana carries a statewide average premium of $1,259 per year.
Key figures
| Median home value | $116,500 |
|---|---|
| Median year built | 1954 |
| Owner-occupied share | 71% |
| Share of owner-occupied homes with a mortgage | 61% |
| Top county hazard | Tornado (Relatively Moderate) |
| Active NFIP policies in Wabash County | 78 |
| 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)