Home Insurance in Parsons, West Virginia
The median home value in Parsons is $96,300, 38% lower than the Tucker County median.
The typical home in Parsons was built around 1970. About 46% of homes were built before 1960, about 20 points above Tucker County's 26%. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing.
The housing stock in Parsons is 73% single-family homes, 9% apartments in buildings with 5+ units and 15% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
About 45% of owner-occupied homes in Parsons have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Parsons has an owner-occupancy rate of 68% and a vacancy rate of 19%; unoccupied homes typically need a different coverage form.
61% of homes in Parsons are primarily heated with natural gas. Homes heated with 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 Parsons? FEMA's National Risk Index points to hurricane (Very Low) in Tucker County and Tucker County had 93 active NFIP flood policies as of September 2026. See the full Tucker 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 West Virginia carries a statewide average premium of $1,179 per year.
Key figures
| Median home value | $96,300 |
|---|---|
| Median year built | 1970 |
| Owner-occupied share | 68% |
| Share of owner-occupied homes with a mortgage | 45% |
| Top county hazard | Hurricane (Very Low) |
| Active NFIP policies in Tucker County | 93 |
| 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)