Home Insurance in Lucas County, Iowa
With a median home value of $120,200, Lucas County is 42% lower than the Iowa median.
The typical home in Lucas County was built around 1962. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. About 48% of homes were built before 1960, about 10 points above Iowa's 38%.
In Lucas County, the housing stock is 83% single-family homes, 9% apartments in buildings with 5+ units and 5% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
In Lucas County, about 50% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Lucas County has an owner-occupancy rate of 79% and a vacancy rate of 9%; unoccupied homes typically need a different coverage form.
Homes heated with propane can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies. In Lucas County, 35% of homes are primarily heated with natural gas.
FEMA's National Risk Index lists hail (Relatively Low), tornado (Relatively Low) and wildfire (Very Low) as the leading hazards for Lucas County.
As of September 2026, Lucas County has 2 active NFIP flood insurance policies. 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 | $120,200 |
|---|---|
| Median year built | 1962 |
| Owner-occupied share | 79% |
| Share of owner-occupied homes with a mortgage | 50% |
| Top hazards (FEMA National Risk Index) | Hail (Relatively Low), Tornado (Relatively Low), Wildfire (Very Low) |
| Active NFIP flood policies (county) | 2 |
| Home insurance premium | $1,342 - statewide average (NAIC, 2023 data) |
Towns and cities
Smaller communities
-
Derby
- Median home value: $92,500
- Median year built: 1953
- Owner-occupied share: 97%
-
Lucas
- Median home value: $33,800
- Median year built: 1963
- Owner-occupied share: 84%
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)