Home Insurance in Westerville, Ohio
The median home value in Westerville is $374,500, 30% higher than the Franklin County median.
Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. The typical home in Westerville was built around 1982. About 13% of homes were built before 1960, about 13 points below Franklin County's 25%.
Housing in Westerville breaks down to 76% single-family homes and 17% apartments in buildings with 5+ units.
About 68% of owner-occupied homes in Westerville have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Westerville has an owner-occupancy rate of 72% and a vacancy rate of 4%; unoccupied homes typically need a different coverage form.
Most homes in Westerville - 71% - 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.
The statewide average premium for a standard HO-3 homeowners policy in Ohio is $1,116 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $374,500 |
|---|---|
| Median year built | 1982 |
| Owner-occupied share | 72% |
| Share of owner-occupied homes with a mortgage | 68% |
| 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)