Home Insurance in Cushing, Oklahoma
With a median home value of $114,500, Cushing is 49% lower than the Payne County median.
The typical home in Cushing was built around 1958. About 53% of homes were built before 1960, about 35 points above Payne County's 18%. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild.
Housing in Cushing breaks down to 86% single-family homes, 5% apartments in buildings with 5+ units and 2% mobile or manufactured homes.
37% of owner-occupied homes in Cushing carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
Cushing has an owner-occupancy rate of 55% and a vacancy rate of 16%; unoccupied homes typically need a different coverage form.
In Cushing, 71% of homes are primarily heated with natural gas.
What's the biggest home insurance risk near Cushing? FEMA's National Risk Index points to hail (Relatively High) in Payne County and Payne County had 124 active NFIP flood policies as of September 2026. See the full Payne County home insurance overview for all FEMA hazard ratings and flood coverage details.
According to the NAIC homeowners insurance report (2023 data), a standard HO-3 homeowners policy in Oklahoma carries a statewide average premium of $2,486 per year.
Key figures
| Median home value | $114,500 |
|---|---|
| Median year built | 1958 |
| Owner-occupied share | 55% |
| Share of owner-occupied homes with a mortgage | 37% |
| Top county hazard | Hail (Relatively High) |
| Active NFIP policies in Payne County | 124 |
| 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)