Home Insurance in Monticello, Indiana
The median home value in Monticello is $149,600, 15% lower than the White County median.
The typical home in Monticello was built around 1960. About 51% of homes were built before 1960, about 10 points above White County's 41%. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild.
In Monticello, the housing stock is 67% single-family homes and 21% apartments in buildings with 5+ units. The rest are 2-4 unit or other housing types.
About 68% of owner-occupied homes in Monticello have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
The vacancy rate is 8%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 65% of occupied homes in Monticello are owner-occupied.
Most homes in Monticello - 69% - are primarily heated with natural gas.
White County had 119 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is hail (Relatively Low). See the full White County home insurance overview for all FEMA hazard ratings and flood coverage details.
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 | $149,600 |
|---|---|
| Median year built | 1960 |
| Owner-occupied share | 65% |
| Share of owner-occupied homes with a mortgage | 68% |
| Top county hazard | Hail (Relatively Low) |
| Active NFIP policies in White County | 119 |
| 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)