Home Insurance in Bridgewater, Iowa
The median home value in Bridgewater is $56,700, 65% lower than the Adair County median.
The typical home in Bridgewater was built around 1955. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. About 57% of homes were built before 1960, about 5 points above Adair County's 52%.
In Bridgewater, the housing stock is 90% single-family homes and 10% apartments in buildings with 5+ units.
48% of owner-occupied homes in Bridgewater carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
About 90% of occupied homes in Bridgewater are owner-occupied.
63% of homes in Bridgewater are primarily heated with propane. Homes heated with propane can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.
What's the biggest home insurance risk near Bridgewater? FEMA's National Risk Index points to hail (Relatively Moderate) in Adair County and Adair County has no active NFIP flood policies on file. See the full Adair 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 Iowa is $1,342 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $56,700 |
|---|---|
| Median year built | 1955 |
| Owner-occupied share | 90% |
| Share of owner-occupied homes with a mortgage | 48% |
| Top county hazard | Hail (Relatively Moderate) |
| Home insurance premium | $1,342 - 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)