Home Insurance in West Yellowstone, Montana
Homes in West Yellowstone carry a median value of $504,300 - 24% lower than the Gallatin County median.
The typical home in West Yellowstone was built around 1986. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. About 23% of homes were built before 1960, about 11 points above Gallatin County's 13%.
In West Yellowstone, the housing stock is 41% single-family homes, 29% apartments in buildings with 5+ units and 8% 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.
About 46% of owner-occupied homes in West Yellowstone have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
West Yellowstone has an owner-occupancy rate of 39% and a vacancy rate of 42%; unoccupied homes typically need a different coverage form.
Most homes in West Yellowstone - 67% - are primarily heated with electricity. Homes heated with wood can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.
FEMA rates Gallatin County's overall risk as Relatively Moderate, led by winter weather (Very High). Gallatin County had 390 active NFIP flood policies as of September 2026. See the full Gallatin 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 | $504,300 |
|---|---|
| Median year built | 1986 |
| Owner-occupied share | 39% |
| Share of owner-occupied homes with a mortgage | 46% |
| 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)