Home Insurance in Fort Ransom, North Dakota
Homes in Fort Ransom carry a median value of $216,700 - 12% higher than the Ransom County median.
Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. The typical home in Fort Ransom was built around 1980. About 36% of homes were built before 1960, about 7 points below Ransom County's 43%.
In Fort Ransom, the housing stock is 90% single-family homes, 6% apartments in buildings with 5+ units and 3% mobile or manufactured homes.
About 33% of owner-occupied homes in Fort Ransom have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Fort Ransom has an owner-occupancy rate of 78% and a vacancy rate of 22%; unoccupied homes typically need a different coverage form.
48% of homes in Fort Ransom 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.
What's the biggest home insurance risk near Fort Ransom? FEMA's National Risk Index points to winter weather (Relatively Moderate) in Ransom County and Ransom County had 29 active NFIP flood policies as of September 2026. See the full Ransom 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 | $216,700 |
|---|---|
| Median year built | 1980 |
| Owner-occupied share | 78% |
| Share of owner-occupied homes with a mortgage | 33% |
| Top county hazard | Winter Weather (Relatively Moderate) |
| Active NFIP policies in Ransom County | 29 |
| 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)