Home Insurance in Queen Anne, Maryland
The median home value in Queen Anne is $301,600, 35% lower than the Queen Anne's County median.
Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. The median home in Queen Anne was built in 1939 or earlier. About 84% of homes were built before 1960, about 71 points above Queen Anne's County's 13%.
The housing stock in Queen Anne is 78% single-family homes, 11% apartments in buildings with 5+ units and 2% mobile or manufactured homes.
In Queen Anne, about 58% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Queen Anne has an owner-occupancy rate of 77% and a vacancy rate of 10%; unoccupied homes typically need a different coverage form.
57% of homes in Queen Anne 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.
What's the biggest home insurance risk near Queen Anne? FEMA's National Risk Index points to hurricane (Relatively Low) in Queen Anne's County and 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.
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 | $301,600 |
|---|---|
| Median year built | 1939 or earlier |
| Owner-occupied share | 77% |
| Share of owner-occupied homes with a mortgage | 58% |
| 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)