Home Insurance in Chester, Montana
With a median home value of $172,900, Chester is close to the Liberty County median.
The typical home in Chester was built around 1965. About 44% of homes were built before 1960, about 3 points above Liberty County's 40%. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.
In Chester, the housing stock is 76% single-family homes, 16% apartments in buildings with 5+ units and 2% mobile or manufactured homes.
About 39% of owner-occupied homes in Chester have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
About 56% of occupied homes in Chester are owner-occupied. The vacancy rate is 13%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
In Chester, 71% of homes are primarily heated with natural gas.
Liberty County had 4 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is winter weather (Relatively Low). See the full Liberty 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 | $172,900 |
|---|---|
| Median year built | 1965 |
| Owner-occupied share | 56% |
| Share of owner-occupied homes with a mortgage | 39% |
| Top county hazard | Winter Weather (Relatively Low) |
| Active NFIP policies in Liberty County | 4 |
| 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)