Home Insurance in Cortland, Ohio
With a median home value of $224,900, Cortland is 59% higher than the Trumbull County median.
Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. The typical home in Cortland was built around 1981. About 15% of homes were built before 1960, about 29 points below Trumbull County's 44%.
In Cortland, the housing stock is 82% single-family homes, 10% apartments in buildings with 5+ units and 1% mobile or manufactured homes.
About 64% of owner-occupied homes in Cortland 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 76% of occupied homes in Cortland are owner-occupied.
83% of homes in Cortland are primarily heated with natural gas.
What's the biggest home insurance risk near Cortland? FEMA's National Risk Index points to strong wind (Relatively High) in Trumbull County and Trumbull County had 357 active NFIP flood policies as of September 2026. See the full Trumbull 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 | $224,900 |
|---|---|
| Median year built | 1981 |
| Owner-occupied share | 76% |
| Share of owner-occupied homes with a mortgage | 64% |
| Top county hazard | Strong Wind (Relatively High) |
| Active NFIP policies in Trumbull County | 357 |
| 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)