Home Insurance in Alma, Missouri
Homes in Alma carry a median value of $155,000 - 28% lower than the Lafayette County median.
The typical home in Alma was built around 1973. About 34% of homes were built before 1960, about 2 points above Lafayette County's 32%. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing.
In Alma, the housing stock is 96% single-family homes and 3% mobile or manufactured homes.
About 68% of owner-occupied homes in Alma have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Alma has an owner-occupancy rate of 85% and a vacancy rate of 8%; unoccupied homes typically need a different coverage form.
Most homes in Alma - 64% - are primarily heated with natural gas.
Lafayette County had 6 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is tornado (Relatively Moderate). See the full Lafayette 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 | $155,000 |
|---|---|
| Median year built | 1973 |
| Owner-occupied share | 85% |
| Share of owner-occupied homes with a mortgage | 68% |
| Top county hazard | Tornado (Relatively Moderate) |
| Active NFIP policies in Lafayette County | 6 |
| 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)