Home Insurance in Lime Springs, Iowa
The median home value in Lime Springs is $99,100, 33% lower than the Howard County median.
Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. The median home in Lime Springs was built in 1939 or earlier. About 78% of homes were built before 1960, about 29 points above Howard County's 49%.
The housing stock in Lime Springs is 93% single-family homes and 2% apartments in buildings with 5+ units.
62% of owner-occupied homes in Lime Springs carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
Lime Springs has an owner-occupancy rate of 87% and a vacancy rate of 29%; unoccupied homes typically need a different coverage form.
Most homes in Lime Springs - 83% - are primarily heated with propane. Homes heated with propane and fuel oil can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.
FEMA rates Howard County's overall risk as Very Low, led by hail (Relatively Low). Howard County had 21 active NFIP flood policies as of September 2026. See the full Howard County home insurance overview for all FEMA hazard ratings and flood coverage details.
In Iowa, the statewide average premium for a standard HO-3 homeowners policy is $1,342 per year (NAIC, 2023 data).
Key figures
| Median home value | $99,100 |
|---|---|
| Median year built | 1939 or earlier |
| Owner-occupied share | 87% |
| Share of owner-occupied homes with a mortgage | 62% |
| Top county hazard | Hail (Relatively Low) |
| Active NFIP policies in Howard County | 21 |
| 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)