Home Insurance in Elm Grove, Wisconsin
Homes in Elm Grove carry a median value of $510,400 - 28% higher than the Waukesha County median.
Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. The typical home in Elm Grove was built around 1962. About 47% of homes were built before 1960, about 27 points above Waukesha County's 20%.
Housing in Elm Grove breaks down to 78% single-family homes and 14% apartments in buildings with 5+ units.
About 61% of owner-occupied homes in Elm Grove have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Elm Grove has an owner-occupancy rate of 88% and a vacancy rate of 7%; unoccupied homes typically need a different coverage form.
Most homes in Elm Grove - 78% - are primarily heated with natural gas.
What's the biggest home insurance risk near Elm Grove? FEMA's National Risk Index points to hail (Relatively High) in Waukesha County and Waukesha County had 659 active NFIP flood policies as of September 2026. See the full Waukesha County home insurance overview for all FEMA hazard ratings and flood coverage details.
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 | $510,400 |
|---|---|
| Median year built | 1962 |
| Owner-occupied share | 88% |
| Share of owner-occupied homes with a mortgage | 61% |
| Top county hazard | Hail (Relatively High) |
| Active NFIP policies in Waukesha County | 659 |
| 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)