Home Insurance in Great Falls, Montana
Homes in Great Falls carry a median value of $257,000 - close to the Cascade County median.
The typical home in Great Falls was built around 1965. About 42% of homes were built before 1960, about 5 points above Cascade County's 37%. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.
The housing stock in Great Falls is 69% single-family homes, 18% apartments in buildings with 5+ units and 4% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
In Great Falls, about 61% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Great Falls has an owner-occupancy rate of 66% and a vacancy rate of 7%; unoccupied homes typically need a different coverage form.
78% of homes in Great Falls are primarily heated with natural gas.
Cascade County's top FEMA-rated hazard is winter weather (Very High), per FEMA's National Risk Index. Cascade County had 304 active NFIP flood policies as of September 2026. See the full Cascade County home insurance overview for all FEMA hazard ratings and flood coverage details.
In Montana, the statewide average premium for a standard HO-3 homeowners policy is $1,768 per year (NAIC, 2023 data).
Key figures
| Median home value | $257,000 |
|---|---|
| Median year built | 1965 |
| Owner-occupied share | 66% |
| Share of owner-occupied homes with a mortgage | 61% |
| Top county hazard | Winter Weather (Very High) |
| Active NFIP policies in Cascade County | 304 |
| Home insurance premium | $1,768 - 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)