Home Insurance in Bellmont, Illinois
Homes in Bellmont carry a median value of $47,800 - 54% lower than the Wabash County median.
Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. The typical home in Bellmont was built around 1960. About 50% of homes were built before 1960, about 7 points above Wabash County's 44%.
In Bellmont, the housing stock is 65% single-family homes and 35% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
About 37% of owner-occupied homes in Bellmont have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Bellmont has an owner-occupancy rate of 87% and a vacancy rate of 24%; unoccupied homes typically need a different coverage form.
Most homes in Bellmont - 73% - 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.
What's the biggest home insurance risk near Bellmont? FEMA's National Risk Index points to earthquake (Relatively Low) in Wabash County and Wabash County had 8 active NFIP flood policies as of September 2026. See the full Wabash County home insurance overview for all FEMA hazard ratings and flood coverage details. Earthquake damage is excluded from a standard homeowners policy.
According to the NAIC homeowners insurance report (2023 data), a standard HO-3 homeowners policy in Illinois carries a statewide average premium of $1,480 per year.
Key figures
| Median home value | $47,800 |
|---|---|
| Median year built | 1960 |
| Owner-occupied share | 87% |
| Share of owner-occupied homes with a mortgage | 37% |
| Top county hazard | Earthquake (Relatively Low) |
| Active NFIP policies in Wabash County | 8 |
| Home insurance premium | $1,480 - 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)