Home Insurance in Indianola, Illinois
Homes in Indianola carry a median value of $81,700 - 16% lower than the Vermilion County median.
The typical home in Indianola was built around 1968. About 42% of homes were built before 1960, about 11 points below Vermilion County's 53%. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing.
The housing stock in Indianola is 93% single-family homes and 7% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
About 19% of owner-occupied homes in Indianola have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Indianola has an owner-occupancy rate of 89% and a vacancy rate of 3%; unoccupied homes typically need a different coverage form.
In Indianola, 73% of homes are primarily heated with natural gas.
FEMA rates Vermilion County's overall risk as Relatively Low, led by winter weather (Relatively High). Vermilion County had 48 active NFIP flood policies as of September 2026. See the full Vermilion County home insurance overview for all FEMA hazard ratings and flood coverage details.
In Illinois, the statewide average premium for a standard HO-3 homeowners policy is $1,480 per year (NAIC, 2023 data).
Key figures
| Median home value | $81,700 |
|---|---|
| Median year built | 1968 |
| Owner-occupied share | 89% |
| Share of owner-occupied homes with a mortgage | 19% |
| Top county hazard | Winter Weather (Relatively High) |
| Active NFIP policies in Vermilion County | 48 |
| Home insurance premium | $1,480 - 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)