Home Insurance in Algona, Iowa
With a median home value of $160,800, Algona is 8% higher than the Kossuth County median.
Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. The typical home in Algona was built around 1970. About 36% of homes were built before 1960, about 13 points below Kossuth County's 48%.
The housing stock in Algona is 76% single-family homes and 17% apartments in buildings with 5+ units.
About 64% of owner-occupied homes in Algona have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Algona has an owner-occupancy rate of 69% and a vacancy rate of 6%; unoccupied homes typically need a different coverage form.
In Algona, 76% of homes are primarily heated with natural gas.
Kossuth County's top FEMA-rated hazard is winter weather (Relatively Moderate), per FEMA's National Risk Index. Kossuth County had 6 active NFIP flood policies as of September 2026. See the full Kossuth 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 | $160,800 |
|---|---|
| Median year built | 1970 |
| Owner-occupied share | 69% |
| Share of owner-occupied homes with a mortgage | 64% |
| Top county hazard | Winter Weather (Relatively Moderate) |
| Active NFIP policies in Kossuth County | 6 |
| 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)