Home Insurance in Morrisville, Vermont
With a median home value of $276,300, Morrisville is 9% lower than the Lamoille County median.
The typical home in Morrisville was built around 1973. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. About 45% of homes were built before 1960, about 21 points above Lamoille County's 25%.
In Morrisville, the housing stock is 46% single-family homes, 22% apartments in buildings with 5+ units and 6% mobile or manufactured homes. The rest are 2-4 unit or other housing types. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
65% of owner-occupied homes in Morrisville carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
Morrisville has an owner-occupancy rate of 53% and a vacancy rate of 2%; unoccupied homes typically need a different coverage form.
In Morrisville, 43% of homes are primarily heated with fuel oil. Homes heated with propane, fuel oil and wood can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.
What's the biggest home insurance risk near Morrisville? FEMA's National Risk Index points to winter weather (Relatively Moderate) in Lamoille County and Lamoille County had 138 active NFIP flood policies as of September 2026. See the full Lamoille 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 Vermont carries a statewide average premium of $1,215 per year.
Key figures
| Median home value | $276,300 |
|---|---|
| Median year built | 1973 |
| Owner-occupied share | 53% |
| Share of owner-occupied homes with a mortgage | 65% |
| Top county hazard | Winter Weather (Relatively Moderate) |
| Active NFIP policies in Lamoille County | 138 |
| Home insurance premium | $1,215 - 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)