Home Insurance in Forman, North Dakota
With a median home value of $128,100, Forman is 22% lower than the Sargent County median.
Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. The typical home in Forman was built around 1976. About 30% of homes were built before 1960, about 5 points below Sargent County's 34%.
Housing in Forman breaks down to 68% single-family homes and 20% apartments in buildings with 5+ units. The rest are 2-4 unit or other housing types.
About 42% of owner-occupied homes in Forman have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Forman has an owner-occupancy rate of 66% and a vacancy rate of 14%; unoccupied homes typically need a different coverage form.
Homes heated with propane and fuel oil can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies. In Forman, 47% of homes are primarily heated with electricity.
FEMA rates Sargent County's overall risk as Very Low, led by hail (Relatively Moderate). Sargent County had 2 active NFIP flood policies as of September 2026. See the full Sargent 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 | $128,100 |
|---|---|
| Median year built | 1976 |
| Owner-occupied share | 66% |
| Share of owner-occupied homes with a mortgage | 42% |
| Top county hazard | Hail (Relatively Moderate) |
| Active NFIP policies in Sargent County | 2 |
| 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)