Home Insurance in Lake Lafayette, Missouri
The median home value in Lake Lafayette is $76,800, 65% lower than the Lafayette County median.
The typical home in Lake Lafayette was built around 1980. About 4% of homes were built before 1960, about 28 points below Lafayette County's 32%. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing.
Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy. The housing stock in Lake Lafayette is 63% single-family homes and 37% mobile or manufactured homes.
About 48% of owner-occupied homes in Lake Lafayette have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Lake Lafayette has an owner-occupancy rate of 96% and a vacancy rate of 26%; unoccupied homes typically need a different coverage form.
Homes heated with propane and wood can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies. 39% of homes in Lake Lafayette are primarily heated with electricity.
Lafayette County's top FEMA-rated hazard is tornado (Relatively Moderate), per FEMA's National Risk Index. Lafayette County had 6 active NFIP flood policies as of September 2026. 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 | $76,800 |
|---|---|
| Median year built | 1980 |
| Owner-occupied share | 96% |
| Share of owner-occupied homes with a mortgage | 48% |
| 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)