Home Insurance in Broadwater County, Montana
The median home value in Broadwater County is $426,600, 14% higher than the Montana median.
Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. The typical home in Broadwater County was built around 2001. About 14% of homes were built before 1960, about 12 points below Montana's 26%.
Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy. The housing stock in Broadwater County is 85% single-family homes, 1% apartments in buildings with 5+ units and 13% mobile or manufactured homes.
In Broadwater County, about 61% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Broadwater County has an owner-occupancy rate of 88% and a vacancy rate of 11%; unoccupied homes typically need a different coverage form.
Homes heated with propane and wood can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies. In Broadwater County, 43% of homes are primarily heated with propane.
FEMA's National Risk Index lists earthquake (Relatively Low), wildfire (Relatively Low) and winter weather (Relatively Moderate) as the leading hazards for Broadwater County. Standard homeowners policies exclude earthquake, so separate coverage is usually needed.
Standard homeowners insurance does not cover flood damage, so flood coverage needs a separate NFIP or private flood policy. As of September 2026, Broadwater County has 9 active NFIP flood policies on file.
According to the NAIC homeowners insurance report (2023 data), a standard HO-3 homeowners policy in Montana carries a statewide average premium of $1,768 per year.
Key figures
| Median home value | $426,600 |
|---|---|
| Median year built | 2001 |
| Owner-occupied share | 88% |
| Share of owner-occupied homes with a mortgage | 61% |
| Top hazards (FEMA National Risk Index) | Earthquake (Relatively Low), Wildfire (Relatively Low), Winter Weather (Relatively Moderate) |
| Active NFIP flood policies (county) | 9 |
| Home insurance premium | $1,768 - statewide average (NAIC, 2023 data) |
Towns and cities
Sources
- 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)