Home Insurance in Elberfeld, Indiana
The median home value in Elberfeld is $169,700, 30% lower than the Warrick County median.
Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. The typical home in Elberfeld was built around 1949. About 60% of homes were built before 1960, about 40 points above Warrick County's 19%.
The housing stock in Elberfeld is 91% single-family homes, 3% apartments in buildings with 5+ units and 4% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
About 74% of owner-occupied homes in Elberfeld have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
About 98% of occupied homes in Elberfeld are owner-occupied. The vacancy rate is 11%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
77% of homes in Elberfeld are primarily heated with natural gas.
FEMA rates Warrick County's overall risk as Relatively Low, led by earthquake (Relatively Low). Warrick County had 144 active NFIP flood policies as of September 2026. See the full Warrick County home insurance overview for all FEMA hazard ratings and flood coverage details. Earthquake damage is excluded from a standard homeowners policy.
The statewide average premium for a standard HO-3 homeowners policy in Indiana is $1,259 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $169,700 |
|---|---|
| Median year built | 1949 |
| Owner-occupied share | 98% |
| Share of owner-occupied homes with a mortgage | 74% |
| Top county hazard | Earthquake (Relatively Low) |
| Active NFIP policies in Warrick County | 144 |
| 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)