Home Insurance in Drummond, Montana
Homes in Drummond carry a median value of $245,600 - 30% lower than the Granite County median.
The typical home in Drummond was built around 1942. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. About 80% of homes were built before 1960, about 49 points above Granite County's 31%.
Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy. The housing stock in Drummond is 88% single-family homes, 3% apartments in buildings with 5+ units and 4% mobile or manufactured homes.
About 47% of owner-occupied homes in Drummond have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
About 79% of occupied homes in Drummond are owner-occupied. The vacancy rate is 16%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
Most homes in Drummond - 85% - are primarily heated with natural gas.
Granite County's top FEMA-rated hazard is wildfire (Relatively Low), per FEMA's National Risk Index. Granite County had 15 active NFIP flood policies as of September 2026. See the full Granite 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 | $245,600 |
|---|---|
| Median year built | 1942 |
| Owner-occupied share | 79% |
| Share of owner-occupied homes with a mortgage | 47% |
| Top county hazard | Wildfire (Relatively Low) |
| Active NFIP policies in Granite County | 15 |
| Home insurance premium | $1,768 - statewide average (NAIC, 2023 data) |
Nearby towns
- Philipsburg
- Deer Lodge
- Anaconda-Deer Lodge County
- Missoula
- Stevensville
- Walkerville
- Helena
- Pinesdale
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)