Home Insurance in Phillips, Wisconsin
The median home value in Phillips is $103,300, 36% lower than the Price County median.
The typical home in Phillips was built around 1970. About 43% of homes were built before 1960, about 9 points above Price County's 33%. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing.
In Phillips, the housing stock is 65% single-family homes, 17% apartments in buildings with 5+ units and 5% mobile or manufactured homes. The rest are 2-4 unit or other housing types. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
About 44% of owner-occupied homes in Phillips have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
The vacancy rate is 15%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 53% of occupied homes in Phillips are owner-occupied.
In Phillips, 66% of homes are primarily heated with natural gas.
Price County's top FEMA-rated hazard is inland flooding (Relatively Low), per FEMA's National Risk Index. Price County had 23 active NFIP flood policies as of September 2026. See the full Price County home insurance overview for all FEMA hazard ratings and flood coverage details. Flood damage is excluded from a standard homeowners policy.
According to the NAIC homeowners insurance report (2023 data), a standard HO-3 homeowners policy in Wisconsin carries a statewide average premium of $923 per year.
Key figures
| Median home value | $103,300 |
|---|---|
| Median year built | 1970 |
| Owner-occupied share | 53% |
| Share of owner-occupied homes with a mortgage | 44% |
| Top county hazard | Inland Flooding (Relatively Low) |
| Active NFIP policies in Price County | 23 |
| 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)