Home Insurance in Truro, Iowa
The median home value in Truro is $195,100, 20% lower than the Madison County median.
The typical home in Truro was built around 1952. About 60% of homes were built before 1960, about 26 points above Madison County's 34%. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing.
In Truro, the housing stock is 94% single-family homes and 1% apartments in buildings with 5+ units.
In Truro, about 74% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
The vacancy rate is 10%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 83% of occupied homes in Truro are owner-occupied.
In Truro, 82% of homes are primarily heated with natural gas.
Madison County had 6 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is hail (Relatively Low). See the full Madison County home insurance overview for all FEMA hazard ratings and flood coverage details.
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 | $195,100 |
|---|---|
| Median year built | 1952 |
| Owner-occupied share | 83% |
| Share of owner-occupied homes with a mortgage | 74% |
| Top county hazard | Hail (Relatively Low) |
| Active NFIP policies in Madison 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)