Home Insurance in Smithsburg, Maryland
With a median home value of $337,500, Smithsburg is 14% higher than the Washington County median.
Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. The typical home in Smithsburg was built around 1993. About 14% of homes were built before 1960, about 20 points below Washington County's 34%.
In Smithsburg, the housing stock is 85% single-family homes and 11% apartments in buildings with 5+ units.
In Smithsburg, about 83% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
About 69% of occupied homes in Smithsburg are owner-occupied. The vacancy rate is 6%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
Homes heated with fuel oil can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies. 79% of homes in Smithsburg are primarily heated with electricity.
Washington County had 301 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is hurricane (Relatively Moderate). See the full Washington County home insurance overview for all FEMA hazard ratings and flood coverage details.
The statewide average premium for a standard HO-3 homeowners policy in Maryland is $1,578 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $337,500 |
|---|---|
| Median year built | 1993 |
| Owner-occupied share | 69% |
| Share of owner-occupied homes with a mortgage | 83% |
| Top county hazard | Hurricane (Relatively Moderate) |
| Active NFIP policies in Washington County | 301 |
| 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)