Home Insurance in Elberon, Iowa
Homes in Elberon carry a median value of $110,000 - 26% lower than the Tama County median.
The median home in Elberon was built in 1939 or earlier. About 78% of homes were built before 1960, about 25 points above Tama County's 53%. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.
In Elberon, the housing stock is 97% single-family homes and 3% mobile or manufactured homes.
In Elberon, about 67% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Elberon has an owner-occupancy rate of 95% and a vacancy rate of 21%; unoccupied homes typically need a different coverage form.
Most homes in Elberon - 85% - are primarily heated with propane. Homes heated with propane can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.
FEMA rates Tama County's overall risk as Relatively Low, led by strong wind (Relatively High). Tama County had 43 active NFIP flood policies as of September 2026. See the full Tama 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 | $110,000 |
|---|---|
| Median year built | 1939 or earlier |
| Owner-occupied share | 95% |
| Share of owner-occupied homes with a mortgage | 67% |
| Top county hazard | Strong Wind (Relatively High) |
| Active NFIP policies in Tama County | 43 |
| 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)