Home Insurance in Ridgeway, Iowa
Homes in Ridgeway carry a median value of $152,100 - 41% lower than the Winneshiek County median.
The typical home in Ridgeway was built around 1971. About 46% of homes were built before 1960, about 3 points below Winneshiek County's 49%. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild.
In Ridgeway, the housing stock is 68% single-family homes and 24% apartments in buildings with 5+ units.
About 70% of owner-occupied homes in Ridgeway have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
About 50% of occupied homes in Ridgeway are owner-occupied.
59% of homes in Ridgeway 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 | $152,100 |
|---|---|
| Median year built | 1971 |
| Owner-occupied share | 50% |
| Share of owner-occupied homes with a mortgage | 70% |
| 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)