Home Insurance in Fair Play, Missouri
With a median home value of $105,600, Fair Play is 49% lower than the Polk County median.
The typical home in Fair Play was built around 1970. About 44% of homes were built before 1960, about 27 points above Polk County's 17%. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.
In Fair Play, the housing stock is 60% single-family homes and 17% 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.
51% of owner-occupied homes in Fair Play carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
Fair Play has an owner-occupancy rate of 46% and a vacancy rate of 12%; unoccupied homes typically need a different coverage form.
In Fair Play, 62% of homes are primarily heated with electricity. Homes heated with propane can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.
Polk County's top FEMA-rated hazard is strong wind (Relatively Moderate), per FEMA's National Risk Index. Polk County had 7 active NFIP flood policies as of September 2026. See the full Polk County home insurance overview for all FEMA hazard ratings and flood coverage details.
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 | $105,600 |
|---|---|
| Median year built | 1970 |
| Owner-occupied share | 46% |
| Share of owner-occupied homes with a mortgage | 51% |
| Top county hazard | Strong Wind (Relatively Moderate) |
| Active NFIP policies in Polk County | 7 |
| 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)