Home Insurance in Iaeger, West Virginia
The median home value in Iaeger is $57,500, 15% higher than the McDowell County median.
Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. The typical home in Iaeger was built around 1956. About 61% of homes were built before 1960, about 8 points above McDowell County's 52%.
In Iaeger, the housing stock is 83% single-family homes and 17% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
In Iaeger, about 19% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
All occupied homes in Iaeger are owner-occupied. The vacancy rate is 29%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
Most homes in Iaeger - 83% - are primarily heated with electricity.
McDowell County's top FEMA-rated hazard is inland flooding (Relatively Moderate), per FEMA's National Risk Index. McDowell County had 149 active NFIP flood policies as of September 2026. See the full McDowell 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 | $57,500 |
|---|---|
| Median year built | 1956 |
| Owner-occupied share | 100% |
| Share of owner-occupied homes with a mortgage | 19% |
| Top county hazard | Inland Flooding (Relatively Moderate) |
| Active NFIP policies in McDowell County | 149 |
| 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)