Home Insurance in New Rochelle, New York
Homes in New Rochelle carry a median value of $702,500 - 6% higher than the Westchester County median.
The typical home in New Rochelle was built around 1955. About 59% of homes were built before 1960, about 7 points above Westchester County's 52%. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing.
In New Rochelle, the housing stock is 42% single-family homes, 46% apartments in buildings with 5+ units and 1% mobile or manufactured homes. The rest are 2-4 unit or other housing types.
58% of owner-occupied homes in New Rochelle carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
The vacancy rate is 3%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 54% of occupied homes in New Rochelle are owner-occupied.
Homes heated with fuel oil can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies. In New Rochelle, 60% of homes are primarily heated with natural gas.
Westchester County's top FEMA-rated hazard is strong wind (Very High), per FEMA's National Risk Index. Westchester County had 8,264 active NFIP flood policies as of September 2026. See the full Westchester County home insurance overview for all FEMA hazard ratings and flood coverage details.
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 | $702,500 |
|---|---|
| Median year built | 1955 |
| Owner-occupied share | 54% |
| Share of owner-occupied homes with a mortgage | 58% |
| Top county hazard | Strong Wind (Very High) |
| Active NFIP policies in Westchester County | 8,264 |
| 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)