Home Insurance in Centreville, Maryland
The median home value in Centreville is $449,900, close to the Queen Anne's County median.
Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. The typical home in Centreville was built around 2003. About 19% of homes were built before 1960, about 7 points above Queen Anne's County's 13%.
Housing in Centreville breaks down to 81% single-family homes and 11% apartments in buildings with 5+ units.
68% of owner-occupied homes in Centreville carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
The vacancy rate is 3%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 71% of occupied homes in Centreville are owner-occupied.
In Centreville, 53% of homes are primarily heated with electricity. Homes heated with propane and fuel oil can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.
Queen Anne's County's top FEMA-rated hazard is hurricane (Relatively Low), per FEMA's National Risk Index. Queen Anne's County had 2,111 active NFIP flood policies as of September 2026. See the full Queen Anne's 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 | $449,900 |
|---|---|
| Median year built | 2003 |
| Owner-occupied share | 71% |
| Share of owner-occupied homes with a mortgage | 68% |
| Top county hazard | Hurricane (Relatively Low) |
| Active NFIP policies in Queen Anne's County | 2,111 |
| 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)