Home Insurance in Colony, Kansas
The median home value in Colony is $69,600, 59% lower than the Anderson County median.
The typical home in Colony was built around 1952. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. About 57% of homes were built before 1960, about 10 points above Anderson County's 47%.
In Colony, the housing stock is 87% single-family homes and 12% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
About 23% of owner-occupied homes in Colony have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Colony has an owner-occupancy rate of 67% and a vacancy rate of 24%; unoccupied homes typically need a different coverage form.
99% of homes in Colony are primarily heated with natural gas.
What's the biggest home insurance risk near Colony? FEMA's National Risk Index points to winter weather (Relatively Moderate) in Anderson County and Anderson County had 10 active NFIP flood policies as of September 2026. See the full Anderson 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 Kansas carries a statewide average premium of $1,733 per year.
Key figures
| Median home value | $69,600 |
|---|---|
| Median year built | 1952 |
| Owner-occupied share | 67% |
| Share of owner-occupied homes with a mortgage | 23% |
| Top county hazard | Winter Weather (Relatively Moderate) |
| Active NFIP policies in Anderson County | 10 |
| Home insurance premium | $1,733 - 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)