Home Insurance in Ossian, Iowa
Homes in Ossian carry a median value of $157,600 - 39% lower than the Winneshiek County median.
The median home in Ossian was built in 1939 or earlier. About 61% of homes were built before 1960, about 13 points above Winneshiek County's 49%. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.
Housing in Ossian breaks down to 95% single-family homes, 1% apartments in buildings with 5+ units and 1% mobile or manufactured homes.
In Ossian, about 52% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
The vacancy rate is 8%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 80% of occupied homes in Ossian are owner-occupied.
Most homes in Ossian - 83% - are primarily heated with natural gas.
FEMA rates Winneshiek County's overall risk as Very Low, led by hail (Relatively Moderate). Winneshiek County had 75 active NFIP flood policies as of September 2026. See the full Winneshiek 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 | $157,600 |
|---|---|
| Median year built | 1939 or earlier |
| Owner-occupied share | 80% |
| Share of owner-occupied homes with a mortgage | 52% |
| Top county hazard | Hail (Relatively Moderate) |
| Active NFIP policies in Winneshiek County | 75 |
| 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)