Home Insurance in Warwick, Rhode Island
With a median home value of $354,600, Warwick is close to the Kent County median.
Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. The typical home in Warwick was built around 1961. About 49% of homes were built before 1960, about 7 points above Kent County's 42%.
The housing stock in Warwick is 73% single-family homes and 19% apartments in buildings with 5+ units.
In Warwick, about 69% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
The vacancy rate is 4%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 73% of occupied homes in Warwick are owner-occupied.
Most homes in Warwick - 64% - are primarily heated with natural gas. Homes heated with fuel oil can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.
Kent County had 1,336 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is hurricane (Relatively Moderate). See the full Kent County home insurance overview for all FEMA hazard ratings and flood coverage details.
The statewide average premium for a standard HO-3 homeowners policy in Rhode Island is $2,396 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $354,600 |
|---|---|
| Median year built | 1961 |
| Owner-occupied share | 73% |
| Share of owner-occupied homes with a mortgage | 69% |
| Top county hazard | Hurricane (Relatively Moderate) |
| Active NFIP policies in Kent County | 1,336 |
| Home insurance premium | $2,396 - 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)