Home Insurance in Follansbee, West Virginia
With a median home value of $133,900, Follansbee is 5% lower than the Brooke County median.
Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. The typical home in Follansbee was built around 1967. About 40% of homes were built before 1960, about 3 points below Brooke County's 43%.
The housing stock in Follansbee is 67% single-family homes, 22% apartments in buildings with 5+ units and 2% mobile or manufactured homes.
45% of owner-occupied homes in Follansbee carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
The vacancy rate is 12%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 63% of occupied homes in Follansbee are owner-occupied.
Most homes in Follansbee - 64% - are primarily heated with natural gas.
Brooke County's top FEMA-rated hazard is inland flooding (Relatively Moderate), per FEMA's National Risk Index. Brooke County had 123 active NFIP flood policies as of September 2026. See the full Brooke County home insurance overview for all FEMA hazard ratings and flood coverage details. Flood damage is excluded from a standard homeowners policy.
The statewide average premium for a standard HO-3 homeowners policy in West Virginia is $1,179 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $133,900 |
|---|---|
| Median year built | 1967 |
| Owner-occupied share | 63% |
| Share of owner-occupied homes with a mortgage | 45% |
| Top county hazard | Inland Flooding (Relatively Moderate) |
| Active NFIP policies in Brooke County | 123 |
| Home insurance premium | $1,179 - 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)