Home Insurance in Columbia, Missouri
Homes in Columbia carry a median value of $284,600 - close to the Boone County median.
Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. The typical home in Columbia was built around 1993. About 11% of homes were built before 1960, in line with Boone County (11%).
In Columbia, the housing stock is 59% single-family homes, 27% apartments in buildings with 5+ units and 2% mobile or manufactured homes. The rest are 2-4 unit or other housing types.
63% of owner-occupied homes in Columbia carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
The vacancy rate is 6%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 49% of occupied homes in Columbia are owner-occupied.
In Columbia, 54% of homes are primarily heated with natural gas.
What's the biggest home insurance risk near Columbia? FEMA's National Risk Index points to tornado (Relatively High) in Boone County and Boone County had 150 active NFIP flood policies as of September 2026. See the full Boone 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 Missouri carries a statewide average premium of $1,589 per year.
Key figures
| Median home value | $284,600 |
|---|---|
| Median year built | 1993 |
| Owner-occupied share | 49% |
| Share of owner-occupied homes with a mortgage | 63% |
| Top county hazard | Tornado (Relatively High) |
| Active NFIP policies in Boone County | 150 |
| Home insurance premium | $1,589 - 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)