Home Insurance in Hannibal, Missouri
Homes in Hannibal carry a median value of $127,700 - 21% lower than the Marion County median.
The typical home in Hannibal was built around 1963. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. About 47% of homes were built before 1960, about 7 points above Marion County's 39%.
In Hannibal, the housing stock is 73% single-family homes, 10% apartments in buildings with 5+ units and 3% mobile or manufactured homes. The rest are 2-4 unit or other housing types. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
In Hannibal, about 43% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Hannibal has an owner-occupancy rate of 62% and a vacancy rate of 12%; unoccupied homes typically need a different coverage form.
Most homes in Hannibal - 69% - are primarily heated with natural gas.
FEMA rates Marion County's overall risk as Relatively Low, led by strong wind (Relatively Moderate). Marion County had 94 active NFIP flood policies as of September 2026. See the full Marion County home insurance overview for all FEMA hazard ratings and flood coverage details.
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 | $127,700 |
|---|---|
| Median year built | 1963 |
| Owner-occupied share | 62% |
| Share of owner-occupied homes with a mortgage | 43% |
| Top county hazard | Strong Wind (Relatively Moderate) |
| Active NFIP policies in Marion County | 94 |
| 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)