Home Insurance in Tolstoy, South Dakota
The typical home in Tolstoy was built around 1955. About 55% of homes were built before 1960, about 23 points above Potter County's 32%. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing.
In Tolstoy, the housing stock is 88% single-family homes and 6% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
In Tolstoy, about 30% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
The vacancy rate is 27%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 83% of occupied homes in Tolstoy are owner-occupied.
In Tolstoy, 46% of homes are primarily heated with propane. Homes heated with propane and fuel oil can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.
FEMA rates Potter County's overall risk as Very Low, led by wildfire (Very Low). Potter County has no active NFIP flood policies on file. See the full Potter 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 South Dakota carries a statewide average premium of $1,614 per year.
Key figures
| Median year built | 1955 |
|---|---|
| Owner-occupied share | 83% |
| Share of owner-occupied homes with a mortgage | 30% |
| Top county hazard | Wildfire (Very 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)