Home Insurance in Temple, Oklahoma

The median home value in Temple is $51,600, 55% lower than the Cotton County median.

The typical home in Temple was built around 1959. About 51% of homes were built before 1960, about 17 points above Cotton County's 34%. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing.

In Temple, the housing stock is 84% single-family homes, 4% apartments in buildings with 5+ units and 8% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.

About 16% of owner-occupied homes in Temple have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.

Temple has an owner-occupancy rate of 78% and a vacancy rate of 29%; unoccupied homes typically need a different coverage form.

Most homes in Temple - 58% - are primarily heated with electricity.

What's the biggest home insurance risk near Temple? FEMA's National Risk Index points to wildfire (Relatively Low) in Cotton County and Cotton County had 8 active NFIP flood policies as of September 2026. See the full Cotton 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$51,600
Median year built1959
Owner-occupied share78%
Share of owner-occupied homes with a mortgage16%
Top county hazardWildfire (Relatively Low)
Active NFIP policies in Cotton County8
Home insurance premium$2,486 - statewide average (NAIC, 2023 data)
Key home insurance figures for Temple, OK

Nearby towns

Sources

Data last updated: 2026-09-29