Home Insurance in Cape Girardeau, Missouri
The median home value in Cape Girardeau is $196,300, 11% lower than the Cape Girardeau County median.
Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. The typical home in Cape Girardeau was built around 1975. About 27% of homes were built before 1960, about 7 points above Cape Girardeau County's 21%.
The housing stock in Cape Girardeau is 67% single-family homes, 19% apartments in buildings with 5+ units and 3% mobile or manufactured homes. The rest are 2-4 unit or other housing types.
About 60% of owner-occupied homes in Cape Girardeau have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Cape Girardeau has an owner-occupancy rate of 54% and a vacancy rate of 13%; unoccupied homes typically need a different coverage form.
Most homes in Cape Girardeau - 53% - are primarily heated with electricity.
Cape Girardeau County's top FEMA-rated hazard is earthquake (Relatively Moderate), per FEMA's National Risk Index. Cape Girardeau County had 101 active NFIP flood policies as of September 2026. See the full Cape Girardeau County home insurance overview for all FEMA hazard ratings and flood coverage details. Earthquake damage is excluded from a standard homeowners policy.
In Missouri, the statewide average premium for a standard HO-3 homeowners policy is $1,589 per year (NAIC, 2023 data).
Key figures
| Median home value | $196,300 |
|---|---|
| Median year built | 1975 |
| Owner-occupied share | 54% |
| Share of owner-occupied homes with a mortgage | 60% |
| Top county hazard | Earthquake (Relatively Moderate) |
| Active NFIP policies in Cape Girardeau County | 101 |
| 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)