Home Insurance in Lorimor, Iowa
With a median home value of $68,600, Lorimor is 44% lower than the Union County median.
Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. The median home in Lorimor was built in 1939 or earlier. About 71% of homes were built before 1960, about 23 points above Union County's 48%.
Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy. The housing stock in Lorimor is 76% single-family homes, 8% apartments in buildings with 5+ units and 11% mobile or manufactured homes.
23% of owner-occupied homes in Lorimor carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
Lorimor has an owner-occupancy rate of 68% and a vacancy rate of 25%; unoccupied homes typically need a different coverage form.
Most homes in Lorimor - 68% - are primarily heated with natural gas.
What's the biggest home insurance risk near Lorimor? FEMA's National Risk Index points to hail (Relatively Moderate) in Union County and Union County had 14 active NFIP flood policies as of September 2026. See the full Union County home insurance overview for all FEMA hazard ratings and flood coverage details.
The statewide average premium for a standard HO-3 homeowners policy in Iowa is $1,342 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $68,600 |
|---|---|
| Median year built | 1939 or earlier |
| Owner-occupied share | 68% |
| Share of owner-occupied homes with a mortgage | 23% |
| Top county hazard | Hail (Relatively Moderate) |
| Active NFIP policies in Union County | 14 |
| 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)