Home Insurance in Cazenovia, New York
With a median home value of $295,200, Cazenovia is 60% higher than the Madison County median.
The typical home in Cazenovia was built around 1952. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. About 57% of homes were built before 1960, about 10 points above Madison County's 46%.
The housing stock in Cazenovia is 70% single-family homes and 15% apartments in buildings with 5+ units. The rest are 2-4 unit or other housing types.
About 55% of owner-occupied homes in Cazenovia have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
The vacancy rate is 11%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 67% of occupied homes in Cazenovia are owner-occupied.
77% of homes in Cazenovia are primarily heated with natural gas.
What's the biggest home insurance risk near Cazenovia? FEMA's National Risk Index points to inland flooding (Relatively Moderate) in Madison County and Madison County had 330 active NFIP flood policies as of September 2026. See the full Madison 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 | $295,200 |
|---|---|
| Median year built | 1952 |
| Owner-occupied share | 67% |
| Share of owner-occupied homes with a mortgage | 55% |
| Top county hazard | Inland Flooding (Relatively Moderate) |
| Active NFIP policies in Madison County | 330 |
| 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)