Home Insurance in Charlevoix, Michigan
The median home value in Charlevoix is $331,500, 20% higher than the Charlevoix County median.
The typical home in Charlevoix was built around 1966. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. About 42% of homes were built before 1960, about 20 points above Charlevoix County's 23%.
Housing in Charlevoix breaks down to 68% single-family homes, 25% apartments in buildings with 5+ units and 1% mobile or manufactured homes.
In Charlevoix, about 59% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Charlevoix has an owner-occupancy rate of 62% and a vacancy rate of 33%; unoccupied homes typically need a different coverage form.
87% of homes in Charlevoix are primarily heated with natural gas.
Charlevoix County's top FEMA-rated hazard is inland flooding (Very Low), per FEMA's National Risk Index. 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 | $331,500 |
|---|---|
| Median year built | 1966 |
| Owner-occupied share | 62% |
| Share of owner-occupied homes with a mortgage | 59% |
| 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)