Homeowners Insurance in Madison, WI

For a home at Madison's median value of $372,900, we estimate about $1,290 a year — +40% versus the Wisconsin NAIC average of $923.

These are estimates, not quotes. Home figures are modeled from NAIC state averages, Census home values and FEMA hazard ratings for comparison only. We are not an insurance company or agency. How we estimate

Estimated homeowners insurance cost in Madison

Est. premium

$1,290

$108/mo · median home

Median home value

$372,900

Wisconsin: $266,500

Median year built

1980

Census ACS

Owner-occupied

46.0%

of households

Hazard score

80.8

state ref. 69.6

Madison's estimate reflects its home values (40% higher than the state median) and FEMA's hazard profile for Dane County.

Natural hazard risk in Madison

FEMA National Risk Index — Dane County
Hazard	Risk rating	Score (0–100)	Insurance impact
Hail	Relatively High	98.9	Comprehensive (car); roof claims (home)
Tornado	Relatively High	97.6	Comprehensive; dwelling
Hurricane	Very Low	29.2	Comprehensive; wind/hurricane deductibles (home)
Inland (river) flooding	Relatively High	94.3	Comprehensive; home needs a separate flood policy
Coastal flooding	Not rated	—	Comprehensive; home needs a separate flood policy
Strong wind	Relatively High	92.5	Comprehensive; dwelling
Winter weather	Relatively High	93.6	Collision (icy roads); frozen pipes (home)
Wildfire	Very Low	60.2	Comprehensive; dwelling
Earthquake	Relatively Low	70.7	Home needs a separate earthquake policy
Lightning	Relatively High	90.4	Fire and electrical damage

Scores are national percentiles of FEMA's county risk (higher means more expected loss than most other U.S. counties).

Estimated premium by home value in Madison

Dwelling value	Wood frame	Brick / masonry
$200,000	$785	$720
$300,000	$1,085	$995
$500,000	$1,630	$1,500
$750,000	$2,255	$2,075

Home Insurance Estimator

Estimated annual premium

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Per month

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Homeowners insurance by ZIP code in Madison

ZIP	Median home value	Owner-occupied	Est. premium
53711	$424,600	62.4%	$1,430
53704	$318,400	52.2%	$1,135
53703	$471,800	14.6%	$1,555
53719	$367,000	49.3%	$1,275
53705	$475,400	49.7%	$1,565
53713	$255,600	32.5%	$955
53718	$363,600	55.2%	$1,265
53716	$356,800	71.9%	$1,245
53714	$306,900	55.4%	$1,105
53715	$450,600	20.1%	$1,500
53717	$415,100	53.3%	$1,405
53726	$647,300	32.5%	$2,005

Homeowners insurance in Wisconsin · Car insurance in Madison · Insurance offices near Madison

Frequently asked questions

How much is homeowners insurance in Madison?

For a home at Madison's median value of $372,900, we estimate about $1,290 a year for a standard HO-3 policy with a $1,000 deductible. The Wisconsin NAIC average is $923.

What are the biggest natural hazards in Madison?

FEMA's National Risk Index rates Dane County relatively high or very high for hail, tornado, inland (river) flooding, strong wind, winter weather, and lightning.

Does the age of homes in Madison affect insurance?

Yes. The median home in Madison was built in 1980 (Census ACS). Older roofs, wiring and plumbing can raise premiums or require inspections, while updates often earn discounts.

How we estimate this

We start from the NAIC average homeowners (HO-3) premium for Wisconsin, scale it by the ratio of the dwelling value to the state median home value, adjust for construction type and deductible, and apply a hazard factor from FEMA National Risk Index scores for Dane County relative to the state. Results are rounded estimates, not quotes. Read the full methodology.

Sources used on this page