Home Insurance in Osgood, Indiana
With a median home value of $149,800, Osgood is 33% lower than the Ripley County median.
The typical home in Osgood was built around 1956. About 57% of homes were built before 1960, about 21 points above Ripley County's 35%. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.
In Osgood, the housing stock is 78% single-family homes, 9% apartments in buildings with 5+ units and 5% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
About 70% of owner-occupied homes in Osgood have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Osgood has an owner-occupancy rate of 53% and a vacancy rate of 9%; unoccupied homes typically need a different coverage form.
Most homes in Osgood - 54% - are primarily heated with natural gas.
Ripley County's top FEMA-rated hazard is strong wind (Relatively Moderate), per FEMA's National Risk Index. Ripley County had 14 active NFIP flood policies as of September 2026. See the full Ripley County home insurance overview for all FEMA hazard ratings and flood coverage details.
The statewide average premium for a standard HO-3 homeowners policy in Indiana is $1,259 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $149,800 |
|---|---|
| Median year built | 1956 |
| Owner-occupied share | 53% |
| Share of owner-occupied homes with a mortgage | 70% |
| Top county hazard | Strong Wind (Relatively Moderate) |
| Active NFIP policies in Ripley County | 14 |
| 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)