Home Insurance in North Chevy Chase, Maryland
With a median home value of $1,212,500, North Chevy Chase is 89% higher than the Montgomery County median.
Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. The typical home in North Chevy Chase was built around 1956. About 63% of homes were built before 1960, about 43 points above Montgomery County's 20%.
In North Chevy Chase, the housing stock is 98% single-family homes.
In North Chevy Chase, about 81% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
The vacancy rate is 4%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 92% of occupied homes in North Chevy Chase are owner-occupied.
In North Chevy Chase, 67% of homes 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.
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 | $1,212,500 |
|---|---|
| Median year built | 1956 |
| Owner-occupied share | 92% |
| Share of owner-occupied homes with a mortgage | 81% |
| 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 View
- Chevy Chase Section Five
- Chevy Chase
- Chevy Chase Section Three
- Martin's Additions
- Kensington
- Chevy Chase Village
- Garrett Park
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)