Home Insurance in Boyne City, Michigan
With a median home value of $249,000, Boyne City is 10% lower than the Charlevoix County median.
The typical home in Boyne City was built around 1977. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. About 34% of homes were built before 1960, about 11 points above Charlevoix County's 23%.
In Boyne City, the housing stock is 67% single-family homes, 18% apartments in buildings with 5+ units and 6% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
61% of owner-occupied homes in Boyne City carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
Boyne City has an owner-occupancy rate of 68% and a vacancy rate of 20%; unoccupied homes typically need a different coverage form.
79% of homes in Boyne City are primarily heated with natural gas.
FEMA rates Charlevoix County's overall risk as Very Low, led by inland flooding (Very Low). Charlevoix County had 49 active NFIP flood policies as of September 2026. See the full Charlevoix County home insurance overview for all FEMA hazard ratings and flood coverage details. Flood damage is excluded from a standard homeowners policy.
The statewide average premium for a standard HO-3 homeowners policy in Michigan is $1,110 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $249,000 |
|---|---|
| Median year built | 1977 |
| Owner-occupied share | 68% |
| Share of owner-occupied homes with a mortgage | 61% |
| Top county hazard | Inland Flooding (Very Low) |
| Active NFIP policies in Charlevoix County | 49 |
| Home insurance premium | $1,110 - 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)