Home Insurance in Smyrna, New York
Homes in Smyrna carry a median value of $91,300 - 34% lower than the Chenango County median.
The typical home in Smyrna was built around 1941. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. About 64% of homes were built before 1960, about 20 points above Chenango County's 44%.
In Smyrna, the housing stock is 68% 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.
In Smyrna, about 30% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Smyrna has an owner-occupancy rate of 51% and a vacancy rate of 19%; unoccupied homes typically need a different coverage form.
Most homes in Smyrna - 66% - are primarily heated with fuel oil. Homes heated with propane, fuel oil and wood can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.
What's the biggest home insurance risk near Smyrna? FEMA's National Risk Index points to inland flooding (Relatively Moderate) in Chenango County and Chenango County had 363 active NFIP flood policies as of September 2026. See the full Chenango 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 New York carries a statewide average premium of $1,801 per year.
Key figures
| Median home value | $91,300 |
|---|---|
| Median year built | 1941 |
| Owner-occupied share | 51% |
| Share of owner-occupied homes with a mortgage | 30% |
| Top county hazard | Inland Flooding (Relatively Moderate) |
| Active NFIP policies in Chenango County | 363 |
| 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)