Home Insurance in Milford, Utah
Homes in Milford carry a median value of $256,600 - 10% lower than the Beaver County median.
Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. The typical home in Milford was built around 1951. About 60% of homes were built before 1960, about 21 points above Beaver County's 38%.
Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy. The housing stock in Milford is 94% single-family homes and 6% mobile or manufactured homes.
In Milford, about 75% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
About 68% of occupied homes in Milford are owner-occupied. The vacancy rate is 17%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
70% of homes in Milford are primarily heated with natural gas.
Beaver County's top FEMA-rated hazard is wildfire (Relatively Low), per FEMA's National Risk Index. Beaver County had 25 active NFIP flood policies as of September 2026. See the full Beaver County home insurance overview for all FEMA hazard ratings and flood coverage details.
In Utah, the statewide average premium for a standard HO-3 homeowners policy is $1,107 per year (NAIC, 2023 data).
Key figures
| Median home value | $256,600 |
|---|---|
| Median year built | 1951 |
| Owner-occupied share | 68% |
| Share of owner-occupied homes with a mortgage | 75% |
| Top county hazard | Wildfire (Relatively Low) |
| Active NFIP policies in Beaver County | 25 |
| Home insurance premium | $1,107 - 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)