HomeInsuranceQts

Home Insurance in Wisconsin

The median home value in Wisconsin is $266,500.

The typical home in Wisconsin was built around 1975. About 33% of homes were built before 1960. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.

Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy. The housing stock in Wisconsin is 71% single-family homes, 17% apartments in buildings with 5+ units and 3% mobile or manufactured homes.

About 61% of owner-occupied homes in Wisconsin have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.

Wisconsin has an owner-occupancy rate of 68% and a vacancy rate of 11%; 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. In Wisconsin, 65% of homes are primarily heated with natural gas.

In Wisconsin, the statewide average premium for a standard HO-3 homeowners policy is $923 per year (NAIC, 2023 data).

Key figures

Median home value$266,500
Median year built1975
Owner-occupied share68%
Share of owner-occupied homes with a mortgage61%
Home insurance premium$923 - statewide average (NAIC, 2023 data)

Counties

Sources