Home Insurance in Ellicottville, New York
With a median home value of $377,300, Ellicottville is 234% higher than the Cattaraugus County median.
The typical home in Ellicottville was built around 1940. About 58% of homes were built before 1960, about 8 points above Cattaraugus County's 50%. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.
The housing stock in Ellicottville is 80% single-family homes, 2% apartments in buildings with 5+ units and 5% mobile or manufactured homes. The rest are 2-4 unit or other housing types. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
49% of owner-occupied homes in Ellicottville carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
Ellicottville has an owner-occupancy rate of 86% and a vacancy rate of 69%; unoccupied homes typically need a different coverage form.
91% of homes in Ellicottville are primarily heated with natural gas.
FEMA rates Cattaraugus County's overall risk as Relatively Moderate, led by inland flooding (Relatively Moderate). Cattaraugus County had 449 active NFIP flood policies as of September 2026. See the full Cattaraugus 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 New York is $1,801 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $377,300 |
|---|---|
| Median year built | 1940 |
| Owner-occupied share | 86% |
| Share of owner-occupied homes with a mortgage | 49% |
| Top county hazard | Inland Flooding (Relatively Moderate) |
| Active NFIP policies in Cattaraugus County | 449 |
| Home insurance premium | $1,801 - 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)