Home Insurance in Floyd County, Iowa
The median home value in Floyd County is $143,500, 31% lower than the Iowa median.
Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. The typical home in Floyd County was built around 1958. About 53% of homes were built before 1960, about 15 points above Iowa's 38%.
In Floyd County, the housing stock is 86% single-family homes, 7% apartments in buildings with 5+ units and 1% mobile or manufactured homes.
53% of owner-occupied homes in Floyd County carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
Floyd County has an owner-occupancy rate of 77% and a vacancy rate of 11%; unoccupied homes typically need a different coverage form.
In Floyd County, 57% of homes are primarily heated with natural gas. Homes heated with propane can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.
Per FEMA's National Risk Index, Floyd County's top hazards are hail (Relatively Moderate), tornado (Relatively Moderate) and winter weather (Relatively Moderate).
Floyd County had 98 active National Flood Insurance Program policies as of September 2026. Standard homeowners insurance does not cover flood damage, so flood coverage needs a separate NFIP or private flood policy.
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 | $143,500 |
|---|---|
| Median year built | 1958 |
| Owner-occupied share | 77% |
| Share of owner-occupied homes with a mortgage | 53% |
| Top hazards (FEMA National Risk Index) | Hail (Relatively Moderate), Tornado (Relatively Moderate), Winter Weather (Relatively Moderate) |
| Active NFIP flood policies (county) | 98 |
| Home insurance premium | $1,342 - statewide average (NAIC, 2023 data) |
Towns and cities
Sources
- 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)