Home Insurance in Elida, Ohio
With a median home value of $220,900, Elida is 34% higher than the Allen County median.
The typical home in Elida was built around 1971. About 41% of homes were built before 1960, about 2 points below Allen County's 43%. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.
Housing in Elida breaks down to 94% single-family homes.
In Elida, about 61% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Elida has an owner-occupancy rate of 79% and a vacancy rate of 5%; unoccupied homes typically need a different coverage form.
In Elida, 85% of homes are primarily heated with natural gas.
Allen County's top FEMA-rated hazard is earthquake (Relatively Low), per FEMA's National Risk Index. Allen County had 186 active NFIP flood policies as of September 2026. See the full Allen County home insurance overview for all FEMA hazard ratings and flood coverage details. Earthquake damage is excluded from a standard homeowners policy.
The statewide average premium for a standard HO-3 homeowners policy in Ohio is $1,116 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $220,900 |
|---|---|
| Median year built | 1971 |
| Owner-occupied share | 79% |
| Share of owner-occupied homes with a mortgage | 61% |
| Top county hazard | Earthquake (Relatively Low) |
| Active NFIP policies in Allen County | 186 |
| Home insurance premium | $1,116 - 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)