Home Insurance in Toole County, Montana
With a median home value of $218,400, Toole County is 42% lower than the Montana median.
Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. The typical home in Toole County was built around 1966. About 44% of homes were built before 1960, about 18 points above Montana's 26%.
In Toole County, the housing stock is 76% single-family homes, 10% apartments in buildings with 5+ units and 10% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
About 52% of owner-occupied homes in Toole County have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
The vacancy rate is 20%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 63% of occupied homes in Toole County are owner-occupied.
In Toole County, 48% of homes are primarily heated with natural gas. Homes heated with propane can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.
FEMA's National Risk Index lists wildfire (Very Low), winter weather (Relatively Low) and earthquake (Very Low) as the leading hazards for Toole County. Standard homeowners policies exclude earthquake, so separate coverage is usually needed.
Standard homeowners insurance does not cover flood damage, so flood coverage needs a separate NFIP or private flood policy. Toole County has no active NFIP flood policies on file.
The statewide average premium for a standard HO-3 homeowners policy in Montana is $1,768 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $218,400 |
|---|---|
| Median year built | 1966 |
| Owner-occupied share | 63% |
| Share of owner-occupied homes with a mortgage | 52% |
| Top hazards (FEMA National Risk Index) | Wildfire (Very Low), Winter Weather (Relatively Low), Earthquake (Very Low) |
| Home insurance premium | $1,768 - statewide average (NAIC, 2023 data) |
Towns and cities
Smaller communities
-
Kevin
- Median home value: $65,000
- Median year built: 1957
- Owner-occupied share: 83%
-
Shelby
- Median home value: $232,700
- Median year built: 1960
- Owner-occupied share: 61%
Sources
- 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)