Home Insurance in Bagley, Iowa

With a median home value of $80,000, Bagley is 56% lower than the Guthrie County median.

The median home in Bagley was built in 1939 or earlier. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. About 75% of homes were built before 1960, about 31 points above Guthrie County's 45%.

In Bagley, the housing stock is 89% single-family homes and 11% apartments in buildings with 5+ units.

About 33% of owner-occupied homes in Bagley have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.

About 75% of occupied homes in Bagley are owner-occupied. The vacancy rate is 10%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.

Most homes in Bagley - 73% - are primarily heated with natural gas.

What's the biggest home insurance risk near Bagley? FEMA's National Risk Index points to tornado (Relatively Low) in Guthrie County and Guthrie County had 18 active NFIP flood policies as of September 2026. See the full Guthrie 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$80,000
Median year built1939 or earlier
Owner-occupied share75%
Share of owner-occupied homes with a mortgage33%
Top county hazardTornado (Relatively Low)
Active NFIP policies in Guthrie County18
Home insurance premium$1,342 - statewide average (NAIC, 2023 data)
Key home insurance figures for Bagley, IA

Nearby towns

Sources

Data last updated: 2026-09-29