HomeInsuranceQts

Home Insurance in Annapolis, Maryland

Homes in Annapolis carry a median value of $548,900 - 17% higher than the Anne Arundel County median.

The typical home in Annapolis was built around 1975. About 29% of homes were built before 1960, about 10 points above Anne Arundel County's 19%. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild.

Housing in Annapolis breaks down to 66% single-family homes and 30% apartments in buildings with 5+ units.

About 68% of owner-occupied homes in Annapolis have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.

Annapolis has an owner-occupancy rate of 62% and a vacancy rate of 8%; unoccupied homes typically need a different coverage form.

Most homes in Annapolis - 52% - are primarily heated with electricity.

FEMA rates Anne Arundel County's overall risk as Relatively Moderate, led by winter weather (Relatively High). Anne Arundel County had 5,196 active NFIP flood policies as of September 2026. See the full Anne Arundel County home insurance overview for all FEMA hazard ratings and flood coverage details.

In Maryland, the statewide average premium for a standard HO-3 homeowners policy is $1,578 per year (NAIC, 2023 data).

Key figures

Median home value$548,900
Median year built1975
Owner-occupied share62%
Share of owner-occupied homes with a mortgage68%
Top county hazardWinter Weather (Relatively High)
Active NFIP policies in Anne Arundel County5,196
Home insurance premium$1,578 - statewide average (NAIC, 2023 data)
Key home insurance figures for Annapolis, MD

Nearby towns

Sources

Data last updated: 2026-09-29