Home Insurance in Gloversville, New York
Homes in Gloversville carry a median value of $106,400 - 35% lower than the Fulton County median.
The median home in Gloversville was built in 1939 or earlier. About 75% of homes were built before 1960, about 20 points above Fulton County's 56%. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.
In Gloversville, the housing stock is 48% single-family homes and 9% apartments in buildings with 5+ units. The rest are 2-4 unit or other housing types.
In Gloversville, about 58% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Gloversville has an owner-occupancy rate of 52% and a vacancy rate of 12%; unoccupied homes typically need a different coverage form.
76% of homes in Gloversville are primarily heated with natural gas.
Fulton County's top FEMA-rated hazard is inland flooding (Relatively Low), per FEMA's National Risk Index. Fulton County had 93 active NFIP flood policies as of September 2026. See the full Fulton 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 | $106,400 |
|---|---|
| Median year built | 1939 or earlier |
| Owner-occupied share | 52% |
| Share of owner-occupied homes with a mortgage | 58% |
| Top county hazard | Inland Flooding (Relatively Low) |
| Active NFIP policies in Fulton County | 93 |
| 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)