Home Insurance in Kipton, Ohio
With a median home value of $140,600, Kipton is 37% lower than the Lorain County median.
The median home in Kipton was built in 1939 or earlier. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. About 95% of homes were built before 1960, about 62 points above Lorain County's 33%.
Housing in Kipton breaks down to 90% single-family homes and 8% apartments in buildings with 5+ units.
About 54% of owner-occupied homes in Kipton have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
The vacancy rate is 11%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 70% of occupied homes in Kipton are owner-occupied.
Most homes in Kipton - 91% - are primarily heated with natural gas.
FEMA rates Lorain County's overall risk as Relatively Moderate, led by strong wind (Relatively High). Lorain County had 755 active NFIP flood policies as of September 2026. See the full Lorain County home insurance overview for all FEMA hazard ratings and flood coverage details.
In Ohio, the statewide average premium for a standard HO-3 homeowners policy is $1,116 per year (NAIC, 2023 data).
Key figures
| Median home value | $140,600 |
|---|---|
| Median year built | 1939 or earlier |
| Owner-occupied share | 70% |
| Share of owner-occupied homes with a mortgage | 54% |
| Top county hazard | Strong Wind (Relatively High) |
| Active NFIP policies in Lorain County | 755 |
| 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)