Home Insurance in Lane, South Dakota

The typical home in Lane was built around 1948. About 67% of homes were built before 1960, about 15 points above Jerauld County's 52%. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing.

In Lane, the housing stock is 89% single-family homes and 11% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.

In Lane, about 17% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.

The vacancy rate is 33%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. All occupied homes in Lane are owner-occupied.

In Lane, 58% of homes are primarily heated with propane. Homes heated with propane and wood can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.

Jerauld County's top FEMA-rated hazard is wildfire (Relatively Low), per FEMA's National Risk Index. Jerauld County had 1 active NFIP flood policy as of September 2026. See the full Jerauld 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 South Dakota carries a statewide average premium of $1,614 per year.

Key figures

Median year built1948
Owner-occupied share100%
Share of owner-occupied homes with a mortgage17%
Top county hazardWildfire (Relatively Low)
Active NFIP policies in Jerauld County1
Home insurance premium$1,614 - statewide average (NAIC, 2023 data)
Key home insurance figures for Lane, SD

Nearby towns

Sources

Data last updated: 2026-09-29