Home Insurance in Willoughby Hills, Ohio
The median home value in Willoughby Hills is $328,600, 53% higher than the Lake County median.
The typical home in Willoughby Hills was built around 1973. About 22% of homes were built before 1960, about 10 points below Lake County's 32%. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing.
In Willoughby Hills, the housing stock is 43% single-family homes and 56% apartments in buildings with 5+ units.
In Willoughby Hills, about 55% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
The vacancy rate is 6%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 42% of occupied homes in Willoughby Hills are owner-occupied.
In Willoughby Hills, 61% of homes 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 | $328,600 |
|---|---|
| Median year built | 1973 |
| Owner-occupied share | 42% |
| Share of owner-occupied homes with a mortgage | 55% |
| 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
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)