Home Insurance in Fort Gay, West Virginia
Homes in Fort Gay carry a median value of $62,300 - 51% lower than the Wayne County median.
Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. The typical home in Fort Gay was built around 1984. About 17% of homes were built before 1960, about 11 points below Wayne County's 28%.
In Fort Gay, the housing stock is 52% single-family homes, 2% apartments in buildings with 5+ units and 25% 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.
In Fort Gay, about 15% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
The vacancy rate is 40%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 43% of occupied homes in Fort Gay are owner-occupied.
In Fort Gay, 50% of homes are primarily heated with natural gas.
FEMA rates Wayne County's overall risk as Relatively Low, led by inland flooding (Relatively Moderate). Wayne County had 145 active NFIP flood policies as of September 2026. See the full Wayne 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 | $62,300 |
|---|---|
| Median year built | 1984 |
| Owner-occupied share | 43% |
| Share of owner-occupied homes with a mortgage | 15% |
| Top county hazard | Inland Flooding (Relatively Moderate) |
| Active NFIP policies in Wayne County | 145 |
| 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)