Home Insurance in Lima, Oklahoma
Homes in Lima carry a median value of $23,500 - 76% lower than the Seminole County median.
The typical home in Lima was built around 1947. About 57% of homes were built before 1960, about 27 points above Seminole County's 30%. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild.
In Lima, the housing stock is 57% single-family homes and 43% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
Almost no owner-occupied homes in Lima carry a mortgage.
About 64% of occupied homes in Lima are owner-occupied. The vacancy rate is 48%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
In Lima, 73% of homes are primarily heated with natural gas.
Seminole County's top FEMA-rated hazard is hail (Relatively High), per FEMA's National Risk Index. 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.
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 | $23,500 |
|---|---|
| Median year built | 1947 |
| Owner-occupied share | 64% |
| Share of owner-occupied homes with a mortgage | 0% |
| 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)