Home Insurance in Boyne Falls, Michigan
The median home value in Boyne Falls is $167,700, 39% lower than the Charlevoix County median.
Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. The typical home in Boyne Falls was built around 1962. About 46% of homes were built before 1960, about 23 points above Charlevoix County's 23%.
Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy. The housing stock in Boyne Falls is 61% single-family homes, 19% apartments in buildings with 5+ units and 17% mobile or manufactured homes.
About 49% of owner-occupied homes in Boyne Falls have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
About 68% of occupied homes in Boyne Falls are owner-occupied. The vacancy rate is 15%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
82% of homes in Boyne Falls are primarily heated with natural gas.
What's the biggest home insurance risk near Boyne Falls? FEMA's National Risk Index points to inland flooding (Very Low) in Charlevoix County and 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.
According to the NAIC homeowners insurance report (2023 data), a standard HO-3 homeowners policy in Michigan carries a statewide average premium of $1,110 per year.
Key figures
| Median home value | $167,700 |
|---|---|
| Median year built | 1962 |
| Owner-occupied share | 68% |
| Share of owner-occupied homes with a mortgage | 49% |
| 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)