Home Insurance in Pierce County, Washington
The median home value in Pierce County is $526,600, 7% lower than the Washington median.
The typical home in Pierce County was built around 1986. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. About 20% of homes were built before 1960, in line with Washington (20%).
The housing stock in Pierce County is 70% single-family homes, 18% apartments in buildings with 5+ units and 5% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
In Pierce County, about 71% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Pierce County has an owner-occupancy rate of 65% and a vacancy rate of 5%; unoccupied homes typically need a different coverage form.
60% of homes in Pierce County are primarily heated with electricity.
The top hazards for Pierce County, per FEMA's National Risk Index, are earthquake (Relatively High), inland flooding (Relatively High) and winter weather (Relatively Moderate). Standard homeowners policies exclude earthquake, so separate coverage is usually needed.
Pierce County had 2,517 active National Flood Insurance Program policies as of September 2026. Standard homeowners insurance does not cover flood damage, so flood coverage needs a separate NFIP or private flood policy.
The statewide average premium for a standard HO-3 homeowners policy in Washington is $1,232 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $526,600 |
|---|---|
| Median year built | 1986 |
| Owner-occupied share | 65% |
| Share of owner-occupied homes with a mortgage | 71% |
| Top hazards (FEMA National Risk Index) | Earthquake (Relatively High), Inland Flooding (Relatively High), Winter Weather (Relatively Moderate) |
| Active NFIP flood policies (county) | 2,517 |
| Home insurance premium | $1,232 - statewide average (NAIC, 2023 data) |
Towns and cities
- Bonney Lake
- Buckley
- Carbonado
- DuPont
- Eatonville
- Edgewood
- Fife
- Fircrest
- Gig Harbor
- Lakewood
- Milton
- Orting
- Puyallup
- Roy
- Ruston
- South Prairie
- Steilacoom
- Sumner
- Tacoma
- University Place
- Wilkeson
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)