Home Insurance in Mentor, Ohio
Homes in Mentor carry a median value of $247,700 - 16% higher than the Lake 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 Mentor was built around 1974. About 24% of homes were built before 1960, about 8 points below Lake County's 32%.
The housing stock in Mentor is 83% single-family homes, 11% apartments in buildings with 5+ units and 2% mobile or manufactured homes.
61% of owner-occupied homes in Mentor carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
Mentor has an owner-occupancy rate of 85% and a vacancy rate of 4%; unoccupied homes typically need a different coverage form.
85% of homes in Mentor are primarily heated with natural gas.
FEMA rates Lake County's overall risk as Relatively Low, led by winter weather (Relatively High). Lake County had 468 active NFIP flood policies as of September 2026. See the full Lake 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 Ohio carries a statewide average premium of $1,116 per year.
Key figures
| Median home value | $247,700 |
|---|---|
| Median year built | 1974 |
| Owner-occupied share | 85% |
| Share of owner-occupied homes with a mortgage | 61% |
| Top county hazard | Winter Weather (Relatively High) |
| Active NFIP policies in Lake County | 468 |
| Home insurance premium | $1,116 - statewide average (NAIC, 2023 data) |
Nearby towns
- Mentor-on-the-Lake
- Kirtland Hills
- Grand River
- Painesville
- Willoughby
- Fairport Harbor
- Eastlake
- Timberlake
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)