Home Insurance in New Leipzig, North Dakota
Homes in New Leipzig carry a median value of $88,400 - 5% lower than the Grant County median.
The typical home in New Leipzig was built around 1964. About 42% of homes were built before 1960, about 5 points below Grant County's 47%. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.
Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy. The housing stock in New Leipzig is 93% single-family homes, 2% apartments in buildings with 5+ units and 4% mobile or manufactured homes.
About 18% of owner-occupied homes in New Leipzig have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
The vacancy rate is 31%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 84% of occupied homes in New Leipzig are owner-occupied.
Homes heated with propane can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies. In New Leipzig, 61% of homes are primarily heated with propane.
FEMA rates Grant County's overall risk as Very Low, led by hail (Relatively Moderate). Grant County had 6 active NFIP flood policies as of September 2026. See the full Grant County home insurance overview for all FEMA hazard ratings and flood coverage details.
In North Dakota, the statewide average premium for a standard HO-3 homeowners policy is $1,414 per year (NAIC, 2023 data).
Key figures
| Median home value | $88,400 |
|---|---|
| Median year built | 1964 |
| Owner-occupied share | 84% |
| Share of owner-occupied homes with a mortgage | 18% |
| Top county hazard | Hail (Relatively Moderate) |
| Active NFIP policies in Grant County | 6 |
| Home insurance premium | $1,414 - 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)