Home Insurance in Elkhart Lake, Wisconsin
With a median home value of $328,300, Elkhart Lake is 41% higher than the Sheboygan County median.
Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. The typical home in Elkhart Lake was built around 1975. About 38% of homes were built before 1960, about 3 points below Sheboygan County's 41%.
Housing in Elkhart Lake breaks down to 73% single-family homes and 5% apartments in buildings with 5+ units. The rest are 2-4 unit or other housing types.
In Elkhart Lake, about 42% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Elkhart Lake has an owner-occupancy rate of 76% and a vacancy rate of 28%; unoccupied homes typically need a different coverage form.
Most homes in Elkhart Lake - 86% - are primarily heated with natural gas.
What's the biggest home insurance risk near Elkhart Lake? FEMA's National Risk Index points to hail (Relatively Moderate) in Sheboygan County and Sheboygan County had 141 active NFIP flood policies as of September 2026. See the full Sheboygan County home insurance overview for all FEMA hazard ratings and flood coverage details.
The statewide average premium for a standard HO-3 homeowners policy in Wisconsin is $923 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $328,300 |
|---|---|
| Median year built | 1975 |
| Owner-occupied share | 76% |
| Share of owner-occupied homes with a mortgage | 42% |
| Top county hazard | Hail (Relatively Moderate) |
| Active NFIP policies in Sheboygan County | 141 |
| 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)