Home Insurance in Nevada, Missouri
Homes in Nevada carry a median value of $122,700 - 23% lower than the Vernon County median.
The typical home in Nevada was built around 1959. About 52% of homes were built before 1960, about 18 points above Vernon County's 34%. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild.
Housing in Nevada breaks down to 77% single-family homes and 5% apartments in buildings with 5+ units. The rest are 2-4 unit or other housing types.
In Nevada, about 49% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
About 53% of occupied homes in Nevada are owner-occupied. The vacancy rate is 14%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
51% of homes in Nevada are primarily heated with natural gas.
FEMA rates Vernon County's overall risk as Relatively Low, led by hail (Relatively Low). Vernon County had 9 active NFIP flood policies as of September 2026. See the full Vernon 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 | $122,700 |
|---|---|
| Median year built | 1959 |
| Owner-occupied share | 53% |
| Share of owner-occupied homes with a mortgage | 49% |
| Top county hazard | Hail (Relatively Low) |
| Active NFIP policies in Vernon County | 9 |
| 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)