Home Insurance in London, Ohio
The median home value in London is $201,000, 20% lower than the Madison County median.
Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. The typical home in London was built around 1974. About 36% of homes were built before 1960, about 4 points above Madison County's 32%.
The housing stock in London is 72% single-family homes and 17% apartments in buildings with 5+ units. The rest are 2-4 unit or other housing types.
In London, about 77% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
London has an owner-occupancy rate of 64% and a vacancy rate of 7%; unoccupied homes typically need a different coverage form.
In London, 69% of homes are primarily heated with natural gas.
FEMA rates Madison County's overall risk as Very Low, led by earthquake (Very Low). Madison County had 38 active NFIP flood policies as of September 2026. See the full Madison County home insurance overview for all FEMA hazard ratings and flood coverage details. Earthquake damage is excluded from a standard homeowners policy.
In Ohio, the statewide average premium for a standard HO-3 homeowners policy is $1,116 per year (NAIC, 2023 data).
Key figures
| Median home value | $201,000 |
|---|---|
| Median year built | 1974 |
| Owner-occupied share | 64% |
| Share of owner-occupied homes with a mortgage | 77% |
| Top county hazard | Earthquake (Very Low) |
| Active NFIP policies in Madison County | 38 |
| Home insurance premium | $1,116 - statewide average (NAIC, 2023 data) |
Nearby towns
- West Jefferson
- South Vienna
- Midway
- South Charleston
- Catawba
- Mechanicsburg
- South Solon
- Mount Sterling
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)