Home Insurance in Meservey, Iowa
The median home value in Meservey is $50,800, 69% lower than the Cerro Gordo County median.
The median home in Meservey was built in 1939 or earlier. About 79% of homes were built before 1960, about 26 points above Cerro Gordo County's 52%. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing.
The housing stock in Meservey is 100% single-family homes.
59% of owner-occupied homes in Meservey carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
Meservey has an owner-occupancy rate of 72% and a vacancy rate of 25%; unoccupied homes typically need a different coverage form.
Homes heated with wood can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies. In Meservey, 87% of homes are primarily heated with natural gas.
What's the biggest home insurance risk near Meservey? FEMA's National Risk Index points to tornado (Relatively Moderate) in Cerro Gordo County and Cerro Gordo County had 93 active NFIP flood policies as of September 2026. See the full Cerro Gordo County home insurance overview for all FEMA hazard ratings and flood coverage details.
According to the NAIC homeowners insurance report (2023 data), a standard HO-3 homeowners policy in Iowa carries a statewide average premium of $1,342 per year.
Key figures
| Median home value | $50,800 |
|---|---|
| Median year built | 1939 or earlier |
| Owner-occupied share | 72% |
| Share of owner-occupied homes with a mortgage | 59% |
| Top county hazard | Tornado (Relatively Moderate) |
| Active NFIP policies in Cerro Gordo County | 93 |
| 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)