Home Insurance in Lava Hot Springs, Idaho
The median home value in Lava Hot Springs is $316,700, 5% higher than the Bannock County median.
Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. The typical home in Lava Hot Springs was built around 1968. About 46% of homes were built before 1960, about 18 points above Bannock County's 28%.
The housing stock in Lava Hot Springs is 68% single-family homes, 5% apartments in buildings with 5+ units and 18% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
49% of owner-occupied homes in Lava Hot Springs carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
Lava Hot Springs has an owner-occupancy rate of 68% and a vacancy rate of 50%; unoccupied homes typically need a different coverage form.
54% of homes in Lava Hot Springs are primarily heated with natural gas.
FEMA rates Bannock County's overall risk as Relatively Low, led by wildfire (Relatively Moderate). Bannock County had 96 active NFIP flood policies as of September 2026. See the full Bannock 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 Idaho is $1,135 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $316,700 |
|---|---|
| Median year built | 1968 |
| Owner-occupied share | 68% |
| Share of owner-occupied homes with a mortgage | 49% |
| Top county hazard | Wildfire (Relatively Moderate) |
| Active NFIP policies in Bannock County | 96 |
| Home insurance premium | $1,135 - 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)