CaO-MgO-SiO2 insulating refractories were prepared using phosphorus tailings through in-situ pore-forming technology in this work, aiming to achieve the efficient utilization of solid waste phosphorus tailings. microsilica was used to react with free CaO generated by the decomposition of dolomite from phosphorus tailings during the calcination in order to prevent the hydration of CaO in the materials. The influence of microsilica addition and heating temperature on the properties of insulating refractories prepared from phosphorus tailings was investigated. The results showed that CaO-MgO-SiO2 insulating refractories with 8.8 wt% microsilica addition exhibited excellent comprehensive performance after heating at 1300 °C for 3 h. The insulation refractories prepared from phosphorus tailings were anti-hydration, had lower thermal conductivity, and could be used as insulation refractories for high-temperature kilns.