Home Insurance in Bozeman, Montana
With a median home value of $687,900, Bozeman is close to the Gallatin County median.
The typical home in Bozeman was built around 2000. About 16% of homes were built before 1960, about 4 points above Gallatin County's 13%. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing.
Housing in Bozeman breaks down to 57% single-family homes, 25% apartments in buildings with 5+ units and 1% mobile or manufactured homes. The rest are 2-4 unit or other housing types.
65% of owner-occupied homes in Bozeman carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
Bozeman has an owner-occupancy rate of 45% and a vacancy rate of 7%; unoccupied homes typically need a different coverage form.
60% of homes in Bozeman are primarily heated with natural gas.
Gallatin County had 390 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is winter weather (Very High). See the full Gallatin 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 Montana carries a statewide average premium of $1,768 per year.
Key figures
| Median home value | $687,900 |
|---|---|
| Median year built | 2000 |
| Owner-occupied share | 45% |
| Share of owner-occupied homes with a mortgage | 65% |
| Top county hazard | Winter Weather (Very High) |
| Active NFIP policies in Gallatin County | 390 |
| 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)