Home Insurance in Foster, Oklahoma
Homes in Foster carry a median value of $244,200 - 65% higher than the Garvin County median.
Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. The typical home in Foster was built around 1982. About 19% of homes were built before 1960, about 7 points below Garvin County's 27%.
Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy. The housing stock in Foster is 94% single-family homes and 6% mobile or manufactured homes.
45% of owner-occupied homes in Foster carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
The vacancy rate is 11%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 93% of occupied homes in Foster are owner-occupied.
Most homes in Foster - 80% - are primarily heated with electricity. Homes heated with propane can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.
FEMA rates Garvin County's overall risk as Relatively Low, led by hail (Relatively Moderate). Garvin County had 102 active NFIP flood policies as of September 2026. See the full Garvin County home insurance overview for all FEMA hazard ratings and flood coverage details.
In Oklahoma, the statewide average premium for a standard HO-3 homeowners policy is $2,486 per year (NAIC, 2023 data).
Key figures
| Median home value | $244,200 |
|---|---|
| Median year built | 1982 |
| Owner-occupied share | 93% |
| Share of owner-occupied homes with a mortgage | 45% |
| Top county hazard | Hail (Relatively Moderate) |
| Active NFIP policies in Garvin County | 102 |
| 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)