Home Insurance in Waterville, Kansas
Homes in Waterville carry a median value of $91,300 - 29% lower than the Marshall County median.
The typical home in Waterville was built around 1955. About 57% of homes were built before 1960, about 7 points above Marshall County's 51%. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild.
Housing in Waterville breaks down to 91% single-family homes, 1% apartments in buildings with 5+ units and 1% mobile or manufactured homes.
43% of owner-occupied homes in Waterville carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
Waterville has an owner-occupancy rate of 79% and a vacancy rate of 11%; unoccupied homes typically need a different coverage form.
Most homes in Waterville - 68% - 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.
Marshall County's top FEMA-rated hazard is wildfire (Relatively Low), per FEMA's National Risk Index. Marshall County has no active NFIP flood policies on file. See the full Marshall 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 | $91,300 |
|---|---|
| Median year built | 1955 |
| Owner-occupied share | 79% |
| Share of owner-occupied homes with a mortgage | 43% |
| Top county hazard | Wildfire (Relatively Low) |
| 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)