Home Insurance in Brice, Ohio
With a median home value of $262,500, Brice is 9% lower than the Franklin County median.
The typical home in Brice was built around 1942. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. About 88% of homes were built before 1960, about 62 points above Franklin County's 25%.
In Brice, the housing stock is 50% single-family homes, 13% apartments in buildings with 5+ units and 1% mobile or manufactured homes. The rest are 2-4 unit or other housing types.
88% of owner-occupied homes in Brice carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
Brice has an owner-occupancy rate of 42% and a vacancy rate of 4%; unoccupied homes typically need a different coverage form.
In Brice, 91% of homes are primarily heated with natural gas.
Franklin County's top FEMA-rated hazard is inland flooding (Relatively High), per FEMA's National Risk Index. Franklin County had 1,478 active NFIP flood policies as of September 2026. See the full Franklin 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 Ohio carries a statewide average premium of $1,116 per year.
Key figures
| Median home value | $262,500 |
|---|---|
| Median year built | 1942 |
| Owner-occupied share | 42% |
| Share of owner-occupied homes with a mortgage | 88% |
| Top county hazard | Inland Flooding (Relatively High) |
| Active NFIP policies in Franklin County | 1,478 |
| Home insurance premium | $1,116 - 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)