Home Insurance in Lake Ozark, Missouri
The median home value in Lake Ozark is $278,100, 44% higher than the Miller County median.
Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. The typical home in Lake Ozark was built around 1993. About 6% of homes were built before 1960, about 8 points below Miller County's 14%.
Housing in Lake Ozark breaks down to 53% single-family homes and 37% apartments in buildings with 5+ units.
61% of owner-occupied homes in Lake Ozark carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
Lake Ozark has an owner-occupancy rate of 69% and a vacancy rate of 50%; unoccupied homes typically need a different coverage form.
Homes heated with propane can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies. Most homes in Lake Ozark - 82% - are primarily heated with electricity.
Miller County's top FEMA-rated hazard is wildfire (Relatively Low), per FEMA's National Risk Index. Miller County had 18 active NFIP flood policies as of September 2026. See the full Miller 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 | $278,100 |
|---|---|
| Median year built | 1993 |
| Owner-occupied share | 69% |
| Share of owner-occupied homes with a mortgage | 61% |
| Top county hazard | Wildfire (Relatively Low) |
| Active NFIP policies in Miller County | 18 |
| 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)