Home Insurance in Lamoni, Iowa
The median home value in Lamoni is $113,400, close to the Decatur County median.
Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. The typical home in Lamoni was built around 1972. About 33% of homes were built before 1960, about 7 points below Decatur County's 40%.
Housing in Lamoni breaks down to 64% single-family homes, 14% apartments in buildings with 5+ units and 2% mobile or manufactured homes. The rest are 2-4 unit or other housing types.
In Lamoni, about 46% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
About 57% of occupied homes in Lamoni are owner-occupied. The vacancy rate is 14%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
Homes heated with propane can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies. In Lamoni, 60% of homes are primarily heated with natural gas.
FEMA rates Decatur County's overall risk as Very Low, led by wildfire (Very Low). Decatur County has no active NFIP flood policies on file. See the full Decatur 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 | $113,400 |
|---|---|
| Median year built | 1972 |
| Owner-occupied share | 57% |
| Share of owner-occupied homes with a mortgage | 46% |
| Top county hazard | Wildfire (Very Low) |
| 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)