Home Insurance in Laredo, Missouri
With a median home value of $78,300, Laredo is 30% lower than the Grundy County median.
The typical home in Laredo was built around 1944. About 61% of homes were built before 1960, about 16 points above Grundy County's 45%. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.
Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy. The housing stock in Laredo is 94% single-family homes and 5% mobile or manufactured homes.
18% of owner-occupied homes in Laredo carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
About 83% of occupied homes in Laredo are owner-occupied. The vacancy rate is 35%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
Homes heated with propane and wood can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies. 43% of homes in Laredo are primarily heated with propane.
What's the biggest home insurance risk near Laredo? FEMA's National Risk Index points to tornado (Relatively Low) in Grundy County and Grundy County had 4 active NFIP flood policies as of September 2026. See the full Grundy County home insurance overview for all FEMA hazard ratings and flood coverage details.
The statewide average premium for a standard HO-3 homeowners policy in Missouri is $1,589 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $78,300 |
|---|---|
| Median year built | 1944 |
| Owner-occupied share | 83% |
| Share of owner-occupied homes with a mortgage | 18% |
| Top county hazard | Tornado (Relatively Low) |
| Active NFIP policies in Grundy County | 4 |
| 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)