Home Insurance in Falling Spring, West Virginia
Homes in Falling Spring carry a median value of $153,100 - close to the Greenbrier County median.
Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. The typical home in Falling Spring was built around 1968. About 40% of homes were built before 1960, about 12 points above Greenbrier County's 28%.
Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy. The housing stock in Falling Spring is 84% single-family homes and 16% mobile or manufactured homes.
In Falling Spring, about 54% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Falling Spring has an owner-occupancy rate of 92% and a vacancy rate of 19%; unoccupied homes typically need a different coverage form.
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. 46% of homes in Falling Spring are primarily heated with propane.
Greenbrier County had 302 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is inland flooding (Relatively Moderate). See the full Greenbrier County home insurance overview for all FEMA hazard ratings and flood coverage details. Flood damage is excluded from a standard homeowners policy.
According to the NAIC homeowners insurance report (2023 data), a standard HO-3 homeowners policy in West Virginia carries a statewide average premium of $1,179 per year.
Key figures
| Median home value | $153,100 |
|---|---|
| Median year built | 1968 |
| Owner-occupied share | 92% |
| Share of owner-occupied homes with a mortgage | 54% |
| Top county hazard | Inland Flooding (Relatively Moderate) |
| Active NFIP policies in Greenbrier County | 302 |
| 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)