Home Insurance in Mount Ayr, Indiana
Homes in Mount Ayr carry a median value of $90,000 - 48% lower than the Newton County median.
Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. The typical home in Mount Ayr was built around 1973. About 46% of homes were built before 1960, about 6 points above Newton County's 40%.
The housing stock in Mount Ayr is 85% single-family homes 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 55% of owner-occupied homes in Mount Ayr have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Mount Ayr has an owner-occupancy rate of 93% and a vacancy rate of 11%; unoccupied homes typically need a different coverage form.
93% of homes in Mount Ayr are primarily heated with natural gas.
What's the biggest home insurance risk near Mount Ayr? FEMA's National Risk Index points to earthquake (Very Low) in Newton County and Newton County had 52 active NFIP flood policies as of September 2026. See the full Newton County home insurance overview for all FEMA hazard ratings and flood coverage details. Earthquake damage is excluded from a standard homeowners policy.
According to the NAIC homeowners insurance report (2023 data), a standard HO-3 homeowners policy in Indiana carries a statewide average premium of $1,259 per year.
Key figures
| Median home value | $90,000 |
|---|---|
| Median year built | 1973 |
| Owner-occupied share | 93% |
| Share of owner-occupied homes with a mortgage | 55% |
| Top county hazard | Earthquake (Very Low) |
| Active NFIP policies in Newton County | 52 |
| Home insurance premium | $1,259 - 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)