Home Insurance in Chevy Chase Village, Maryland
The median home value in Chevy Chase Village is $2,000,000+.
Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. The median home in Chevy Chase Village was built in 1939 or earlier. About 94% of homes were built before 1960, about 74 points above Montgomery County's 20%.
In Chevy Chase Village, the housing stock is 100% single-family homes.
59% of owner-occupied homes in Chevy Chase Village carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
The vacancy rate is 5%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 96% of occupied homes in Chevy Chase Village are owner-occupied.
83% of homes in Chevy Chase Village are primarily heated with natural gas.
Montgomery County had 2,097 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is winter weather (Very High). See the full Montgomery 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 Maryland carries a statewide average premium of $1,578 per year.
Key figures
| Median home value | $2,000,000+ |
|---|---|
| Median year built | 1939 or earlier |
| Owner-occupied share | 96% |
| Share of owner-occupied homes with a mortgage | 59% |
| Top county hazard | Winter Weather (Very High) |
| Active NFIP policies in Montgomery County | 2,097 |
| Home insurance premium | $1,578 - statewide average (NAIC, 2023 data) |
Nearby towns
- Chevy Chase Section Three
- Chevy Chase
- Martin's Additions
- Somerset
- Chevy Chase Section Five
- North Chevy Chase
- Glen Echo
- Chevy Chase View
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)