Home Insurance in Roy, New Mexico
Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. The typical home in Roy was built around 1965. About 42% of homes were built before 1960, about 8 points below Harding County's 50%.
In Roy, the housing stock is 63% single-family homes and 37% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
About 7% of owner-occupied homes in Roy have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Roy has an owner-occupancy rate of 71% and a vacancy rate of 36%; unoccupied homes typically need a different coverage form.
Most homes in Roy - 76% - are primarily heated with propane. Homes heated with propane and wood can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.
Harding County has no active NFIP flood policies on file. Its top FEMA-rated hazard is wildfire (Relatively Low). See the full Harding 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 year built | 1965 |
|---|---|
| Owner-occupied share | 71% |
| Share of owner-occupied homes with a mortgage | 7% |
| Top county hazard | Wildfire (Relatively Low) |
| 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)