Home Insurance in Hagerman, Idaho
With a median home value of $194,700, Hagerman is 22% lower than the Gooding County median.
The typical home in Hagerman was built around 1988. About 11% of homes were built before 1960, about 16 points below Gooding County's 27%. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.
In Hagerman, the housing stock is 80% single-family homes, 3% apartments in buildings with 5+ units and 9% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
In Hagerman, about 58% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Hagerman has an owner-occupancy rate of 85% and a vacancy rate of 6%; unoccupied homes typically need a different coverage form.
Homes heated with propane and wood can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies. 86% of homes in Hagerman are primarily heated with electricity.
What's the biggest home insurance risk near Hagerman? FEMA's National Risk Index points to wildfire (Relatively Moderate) in Gooding County and Gooding County had 36 active NFIP flood policies as of September 2026. See the full Gooding 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 Idaho carries a statewide average premium of $1,135 per year.
Key figures
| Median home value | $194,700 |
|---|---|
| Median year built | 1988 |
| Owner-occupied share | 85% |
| Share of owner-occupied homes with a mortgage | 58% |
| Top county hazard | Wildfire (Relatively Moderate) |
| Active NFIP policies in Gooding County | 36 |
| 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)