Home Insurance in Morehouse, Missouri
Homes in Morehouse carry a median value of $56,000 - 50% lower than the New Madrid County median.
The typical home in Morehouse was built around 1975. About 27% of homes were built before 1960, about 3 points above New Madrid County's 24%. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild.
In Morehouse, the housing stock is 64% single-family homes, 3% apartments in buildings with 5+ units and 22% 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 Morehouse, about 39% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Morehouse has an owner-occupancy rate of 56% and a vacancy rate of 14%; unoccupied homes typically need a different coverage form.
56% of homes in Morehouse are primarily heated with natural gas.
What's the biggest home insurance risk near Morehouse? FEMA's National Risk Index points to earthquake (Relatively Moderate) in New Madrid County and New Madrid County had 342 active NFIP flood policies as of September 2026. See the full New Madrid County home insurance overview for all FEMA hazard ratings and flood coverage details. Earthquake damage is excluded from a standard homeowners policy.
According to the NAIC homeowners insurance report (2023 data), a standard HO-3 homeowners policy in Missouri carries a statewide average premium of $1,589 per year.
Key figures
| Median home value | $56,000 |
|---|---|
| Median year built | 1975 |
| Owner-occupied share | 56% |
| Share of owner-occupied homes with a mortgage | 39% |
| Top county hazard | Earthquake (Relatively Moderate) |
| Active NFIP policies in New Madrid County | 342 |
| 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)