HomeInsuranceQts

Home Insurance in Summit, Wisconsin

The median home value in Summit is $533,300, 34% higher than the Waukesha County median.

The typical home in Summit was built around 1986. About 28% of homes were built before 1960, about 8 points above Waukesha County's 20%. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.

The housing stock in Summit is 97% single-family homes and 1% apartments in buildings with 5+ units.

In Summit, about 63% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.

Summit has an owner-occupancy rate of 91% and a vacancy rate of 9%; unoccupied homes typically need a different coverage form.

In Summit, 75% of homes are primarily heated with natural gas. Homes heated with propane can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.

FEMA rates Waukesha County's overall risk as Relatively Moderate, led by hail (Relatively High). 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.

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$533,300
Median year built1986
Owner-occupied share91%
Share of owner-occupied homes with a mortgage63%
Top county hazardHail (Relatively High)
Active NFIP policies in Waukesha County659
Home insurance premium$923 - statewide average (NAIC, 2023 data)
Key home insurance figures for Summit, WI

Nearby towns

Sources

Data last updated: 2026-09-29