Home Insurance in Highmore, South Dakota
Homes in Highmore carry a median value of $151,800 - 16% lower than the Hyde County median.
The typical home in Highmore was built around 1961. About 49% of homes were built before 1960, in line with Hyde County (50%). Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.
In Highmore, the housing stock is 94% single-family homes and 1% apartments in buildings with 5+ units.
63% of owner-occupied homes in Highmore carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
About 88% of occupied homes in Highmore are owner-occupied. The vacancy rate is 18%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
In Highmore, 50% of homes are primarily heated with electricity. Homes heated with propane and fuel oil can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.
Hyde County's top FEMA-rated hazard is wildfire (Relatively Low), per FEMA's National Risk Index. Hyde County has no active NFIP flood policies on file. See the full Hyde County home insurance overview for all FEMA hazard ratings and flood coverage details.
In South Dakota, the statewide average premium for a standard HO-3 homeowners policy is $1,614 per year (NAIC, 2023 data).
Key figures
| Median home value | $151,800 |
|---|---|
| Median year built | 1961 |
| Owner-occupied share | 88% |
| Share of owner-occupied homes with a mortgage | 63% |
| Top county hazard | Wildfire (Relatively Low) |
| Home insurance premium | $1,614 - 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)