Home Insurance in Gilbert, South Carolina
The median home value in Gilbert is $232,700, close to the Lexington County median.
The typical home in Gilbert was built around 1996. About 17% of homes were built before 1960, about 10 points above Lexington County's 8%. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.
In Gilbert, the housing stock is 71% single-family homes, 1% apartments in buildings with 5+ units and 28% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
About 64% of owner-occupied homes in Gilbert have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Gilbert has an owner-occupancy rate of 80% and a vacancy rate of 7%; unoccupied homes typically need a different coverage form.
Homes heated with propane can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies. Most homes in Gilbert - 91% - are primarily heated with electricity.
FEMA rates Lexington County's overall risk as Relatively Moderate, led by tornado (Relatively High). Lexington County had 1,340 active NFIP flood policies as of September 2026. See the full Lexington 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 South Carolina carries a statewide average premium of $1,753 per year.
Key figures
| Median home value | $232,700 |
|---|---|
| Median year built | 1996 |
| Owner-occupied share | 80% |
| Share of owner-occupied homes with a mortgage | 64% |
| Top county hazard | Tornado (Relatively High) |
| Active NFIP policies in Lexington County | 1,340 |
| Home insurance premium | $1,753 - 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)