Home Insurance in Cromwell, Oklahoma
Homes in Cromwell carry a median value of $74,300 - 25% lower than the Seminole County median.
The typical home in Cromwell was built around 1967. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. About 24% of homes were built before 1960, about 6 points below Seminole County's 30%.
The housing stock in Cromwell is 84% single-family homes and 15% 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 Cromwell have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Cromwell has an owner-occupancy rate of 87% and a vacancy rate of 16%; unoccupied homes typically need a different coverage form.
Most homes in Cromwell - 83% - are primarily heated with electricity.
FEMA rates Seminole County's overall risk as Relatively Low, led by hail (Relatively High). Seminole County had 35 active NFIP flood policies as of September 2026. See the full Seminole 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 | $74,300 |
|---|---|
| Median year built | 1967 |
| Owner-occupied share | 87% |
| Share of owner-occupied homes with a mortgage | 21% |
| Top county hazard | Hail (Relatively High) |
| Active NFIP policies in Seminole County | 35 |
| 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)