Home Insurance in Cimarron, New Mexico
With a median home value of $126,600, Cimarron is 24% lower than the Colfax County median.
The typical home in Cimarron was built around 1982. About 31% of homes were built before 1960, in line with Colfax County (30%). Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.
Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy. The housing stock in Cimarron is 64% single-family homes and 35% mobile or manufactured homes.
In Cimarron, about 20% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Cimarron has an owner-occupancy rate of 74% and a vacancy rate of 20%; unoccupied homes typically need a different coverage form.
Most homes in Cimarron - 54% - are primarily heated with natural gas. Homes heated with propane and wood can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.
What's the biggest home insurance risk near Cimarron? FEMA's National Risk Index points to wildfire (Relatively Moderate) in Colfax County and Colfax County had 22 active NFIP flood policies as of September 2026. See the full Colfax 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 New Mexico carries a statewide average premium of $1,490 per year.
Key figures
| Median home value | $126,600 |
|---|---|
| Median year built | 1982 |
| Owner-occupied share | 74% |
| Share of owner-occupied homes with a mortgage | 20% |
| Top county hazard | Wildfire (Relatively Moderate) |
| Active NFIP policies in Colfax County | 22 |
| Home insurance premium | $1,490 - 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)