Home Insurance in Albert City, Iowa
The median home value in Albert City is $96,500, 39% lower than the Buena Vista County median.
The typical home in Albert City was built around 1951. About 60% of homes were built before 1960, about 15 points above Buena Vista County's 45%. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing.
The housing stock in Albert City is 91% single-family homes, 8% apartments in buildings with 5+ units and 1% mobile or manufactured homes.
About 32% of owner-occupied homes in Albert City have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
About 84% of occupied homes in Albert City are owner-occupied. The vacancy rate is 15%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
In Albert City, 77% of homes are primarily heated with natural gas.
FEMA rates Buena Vista County's overall risk as Very Low, led by hail (Relatively Moderate). Buena Vista County had 23 active NFIP flood policies as of September 2026. See the full Buena Vista 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 | $96,500 |
|---|---|
| Median year built | 1951 |
| Owner-occupied share | 84% |
| Share of owner-occupied homes with a mortgage | 32% |
| Top county hazard | Hail (Relatively Moderate) |
| Active NFIP policies in Buena Vista County | 23 |
| 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)