Home Insurance in Washington, Missouri
With a median home value of $231,800, Washington is close to the Franklin County median.
The typical home in Washington was built around 1978. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. About 30% of homes were built before 1960, about 9 points above Franklin County's 21%.
The housing stock in Washington is 81% single-family homes, 9% apartments in buildings with 5+ units and 1% mobile or manufactured homes.
In Washington, about 68% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Washington has an owner-occupancy rate of 74% and a vacancy rate of 3%; unoccupied homes typically need a different coverage form.
Most homes in Washington - 66% - are primarily heated with electricity.
What's the biggest home insurance risk near Washington? FEMA's National Risk Index points to strong wind (Relatively High) in Franklin County and Franklin County had 218 active NFIP flood policies as of September 2026. See the full Franklin 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 | $231,800 |
|---|---|
| Median year built | 1978 |
| Owner-occupied share | 74% |
| Share of owner-occupied homes with a mortgage | 68% |
| Top county hazard | Strong Wind (Relatively High) |
| Active NFIP policies in Franklin County | 218 |
| 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)