Home Insurance in Garrett Park, Maryland

With a median home value of $1,005,700, Garrett Park is 57% higher than the Montgomery County median.

The typical home in Garrett Park was built around 1952. About 71% of homes were built before 1960, about 51 points above Montgomery County's 20%. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing.

Housing in Garrett Park breaks down to 100% single-family homes.

About 70% of owner-occupied homes in Garrett Park have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.

About 97% of occupied homes in Garrett Park are owner-occupied. The vacancy rate is 5%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.

81% of homes in Garrett Park are primarily heated with natural gas.

Montgomery County's top FEMA-rated hazard is winter weather (Very High), per FEMA's National Risk Index. Montgomery County had 2,097 active NFIP flood policies as of September 2026. See the full Montgomery 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$1,005,700
Median year built1952
Owner-occupied share97%
Share of owner-occupied homes with a mortgage70%
Top county hazardWinter Weather (Very High)
Active NFIP policies in Montgomery County2,097
Home insurance premium$1,578 - statewide average (NAIC, 2023 data)
Key home insurance figures for Garrett Park, MD

Nearby towns

Sources

Data last updated: 2026-09-29