Home Insurance in Lovilia, Iowa
The median home value in Lovilia is $98,400, 37% lower than the Monroe County median.
The typical home in Lovilia was built around 1945. About 56% of homes were built before 1960, about 15 points above Monroe County's 41%. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing.
In Lovilia, the housing stock is 82% single-family homes and 11% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
40% of owner-occupied homes in Lovilia carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
Lovilia has an owner-occupancy rate of 80% and a vacancy rate of 3%; unoccupied homes typically need a different coverage form.
In Lovilia, 81% of homes are primarily heated with natural gas.
Monroe County has no active NFIP flood policies on file. Its top FEMA-rated hazard is wildfire (Very Low). See the full Monroe 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 | $98,400 |
|---|---|
| Median year built | 1945 |
| Owner-occupied share | 80% |
| Share of owner-occupied homes with a mortgage | 40% |
| Top county hazard | Wildfire (Very Low) |
| 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)