Home Insurance in Lake View, Arkansas
Homes in Lake View carry a median value of $57,000 - 27% lower than the Phillips County median.
The typical home in Lake View was built around 1981. About 27% of homes were built before 1960, about 6 points above Phillips County's 21%. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild.
Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy. The housing stock in Lake View is 52% single-family homes, 30% apartments in buildings with 5+ units and 13% mobile or manufactured homes.
In Lake View, about 31% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Lake View has an owner-occupancy rate of 34% and a vacancy rate of 22%; unoccupied homes typically need a different coverage form.
Most homes in Lake View - 52% - are primarily heated with electricity. Homes heated with propane can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.
Phillips County had 135 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is earthquake (Relatively Moderate). See the full Phillips County home insurance overview for all FEMA hazard ratings and flood coverage details. Earthquake damage is excluded from a standard homeowners policy.
In Arkansas, the statewide average premium for a standard HO-3 homeowners policy is $1,870 per year (NAIC, 2023 data).
Key figures
| Median home value | $57,000 |
|---|---|
| Median year built | 1981 |
| Owner-occupied share | 34% |
| Share of owner-occupied homes with a mortgage | 31% |
| Top county hazard | Earthquake (Relatively Moderate) |
| Active NFIP policies in Phillips County | 135 |
| Home insurance premium | $1,870 - 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)