Home Insurance in Carrizozo, New Mexico
Homes in Carrizozo carry a median value of $84,700 - 64% lower than the Lincoln County median.
The typical home in Carrizozo was built around 1956. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. About 55% of homes were built before 1960, about 45 points above Lincoln County's 10%.
Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy. The housing stock in Carrizozo is 90% single-family homes, 3% apartments in buildings with 5+ units and 7% mobile or manufactured homes.
About 48% of owner-occupied homes in Carrizozo have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Carrizozo has an owner-occupancy rate of 90% and a vacancy rate of 27%; unoccupied homes typically need a different coverage form.
In Carrizozo, 55% of homes 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.
Lincoln County's top FEMA-rated hazard is wildfire (Relatively High), per FEMA's National Risk Index. Lincoln County had 229 active NFIP flood policies as of September 2026. See the full Lincoln County home insurance overview for all FEMA hazard ratings and flood coverage details.
In New Mexico, the statewide average premium for a standard HO-3 homeowners policy is $1,490 per year (NAIC, 2023 data).
Key figures
| Median home value | $84,700 |
|---|---|
| Median year built | 1956 |
| Owner-occupied share | 90% |
| Share of owner-occupied homes with a mortgage | 48% |
| Top county hazard | Wildfire (Relatively High) |
| Active NFIP policies in Lincoln County | 229 |
| 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)