Home Insurance in Forgan, Oklahoma
Homes in Forgan carry a median value of $60,500 - 53% lower than the Beaver County median.
The typical home in Forgan was built around 1972. About 38% of homes were built before 1960, in line with Beaver County (38%). Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing.
The housing stock in Forgan is 70% single-family homes and 30% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
About 21% of owner-occupied homes in Forgan have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
The vacancy rate is 31%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 87% of occupied homes in Forgan are owner-occupied.
In Forgan, 90% of homes are primarily heated with natural gas.
Beaver County's top FEMA-rated hazard is wildfire (Relatively Low), per FEMA's National Risk Index. Beaver County had 7 active NFIP flood policies as of September 2026. See the full Beaver County home insurance overview for all FEMA hazard ratings and flood coverage details.
The statewide average premium for a standard HO-3 homeowners policy in Oklahoma is $2,486 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $60,500 |
|---|---|
| Median year built | 1972 |
| Owner-occupied share | 87% |
| Share of owner-occupied homes with a mortgage | 21% |
| Top county hazard | Wildfire (Relatively Low) |
| Active NFIP policies in Beaver County | 7 |
| Home insurance premium | $2,486 - 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)