Home Insurance in Riverside, New York
With a median home value of $119,500, Riverside is 13% lower than the Steuben County median.
Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. The typical home in Riverside was built around 1950. About 87% of homes were built before 1960, about 40 points above Steuben County's 47%.
In Riverside, the housing stock is 93% single-family homes and 1% mobile or manufactured homes.
About 69% of owner-occupied homes in Riverside have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
The vacancy rate is 5%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 87% of occupied homes in Riverside are owner-occupied.
Most homes in Riverside - 88% - are primarily heated with natural gas.
FEMA rates Steuben County's overall risk as Relatively Low, led by inland flooding (Relatively Moderate). Steuben County had 517 active NFIP flood policies as of September 2026. See the full Steuben 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 | $119,500 |
|---|---|
| Median year built | 1950 |
| Owner-occupied share | 87% |
| Share of owner-occupied homes with a mortgage | 69% |
| Top county hazard | Inland Flooding (Relatively Moderate) |
| Active NFIP policies in Steuben County | 517 |
| 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)