Home Insurance in Dearborn, Michigan
Homes in Dearborn carry a median value of $218,800 - 23% higher than the Wayne County median.
The typical home in Dearborn was built around 1952. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. About 71% of homes were built before 1960, about 12 points above Wayne County's 59%.
The housing stock in Dearborn is 80% single-family homes, 14% apartments in buildings with 5+ units and 1% mobile or manufactured homes.
50% of owner-occupied homes in Dearborn carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
Dearborn has an owner-occupancy rate of 68% and a vacancy rate of 7%; unoccupied homes typically need a different coverage form.
In Dearborn, 72% of homes are primarily heated with natural gas.
Wayne County had 3,683 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is strong wind (Very High). See the full Wayne County home insurance overview for all FEMA hazard ratings and flood coverage details.
In Michigan, the statewide average premium for a standard HO-3 homeowners policy is $1,110 per year (NAIC, 2023 data).
Key figures
| Median home value | $218,800 |
|---|---|
| Median year built | 1952 |
| Owner-occupied share | 68% |
| Share of owner-occupied homes with a mortgage | 50% |
| Top county hazard | Strong Wind (Very High) |
| Active NFIP policies in Wayne County | 3,683 |
| 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)