Home Insurance in Fernan Lake Village, Idaho
Homes in Fernan Lake Village carry a median value of $910,700 - 76% higher than the Kootenai County median.
Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. The typical home in Fernan Lake Village was built around 1965. About 33% of homes were built before 1960, about 23 points above Kootenai County's 10%.
The housing stock in Fernan Lake Village is 100% single-family homes.
About 55% of owner-occupied homes in Fernan Lake Village have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
The vacancy rate is 11%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 98% of occupied homes in Fernan Lake Village are owner-occupied.
In Fernan Lake Village, 93% of homes are primarily heated with natural gas.
What's the biggest home insurance risk near Fernan Lake Village? FEMA's National Risk Index points to winter weather (Relatively High) in Kootenai County and Kootenai County had 221 active NFIP flood policies as of September 2026. See the full Kootenai 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 | $910,700 |
|---|---|
| Median year built | 1965 |
| Owner-occupied share | 98% |
| Share of owner-occupied homes with a mortgage | 55% |
| Top county hazard | Winter Weather (Relatively High) |
| Active NFIP policies in Kootenai County | 221 |
| 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)