Home Insurance in Monona, Wisconsin
With a median home value of $427,900, Monona is 8% higher than the Dane County median.
The typical home in Monona was built around 1963. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. About 45% of homes were built before 1960, about 24 points above Dane County's 21%.
In Monona, the housing stock is 58% single-family homes and 35% apartments in buildings with 5+ units.
About 64% of owner-occupied homes in Monona have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Monona has an owner-occupancy rate of 54% and a vacancy rate of 4%; unoccupied homes typically need a different coverage form.
In Monona, 72% of homes are primarily heated with natural gas.
Dane County's top FEMA-rated hazard is hail (Relatively High), per FEMA's National Risk Index. Dane County had 971 active NFIP flood policies as of September 2026. See the full Dane County home insurance overview for all FEMA hazard ratings and flood coverage details.
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 | $427,900 |
|---|---|
| Median year built | 1963 |
| Owner-occupied share | 54% |
| Share of owner-occupied homes with a mortgage | 64% |
| Top county hazard | Hail (Relatively High) |
| Active NFIP policies in Dane County | 971 |
| Home insurance premium | $923 - 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)