Home Insurance in Frederick, Maryland
With a median home value of $401,500, Frederick is 14% lower than the Frederick County median.
Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. The typical home in Frederick was built around 1991. About 21% of homes were built before 1960, about 4 points above Frederick County's 17%.
In Frederick, the housing stock is 64% single-family homes and 30% apartments in buildings with 5+ units.
About 77% of owner-occupied homes in Frederick have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
About 59% of occupied homes in Frederick are owner-occupied. The vacancy rate is 5%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
In Frederick, 50% of homes are primarily heated with electricity.
Frederick County had 577 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is winter weather (Relatively High). See the full Frederick 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 Maryland is $1,578 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $401,500 |
|---|---|
| Median year built | 1991 |
| Owner-occupied share | 59% |
| Share of owner-occupied homes with a mortgage | 77% |
| Top county hazard | Winter Weather (Relatively High) |
| Active NFIP policies in Frederick County | 577 |
| Home insurance premium | $1,578 - 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)