Home Insurance in Lebanon, South Dakota

The median home in Lebanon was built in 1939 or earlier. About 69% of homes were built before 1960, about 38 points above Potter County's 32%. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing.

Housing in Lebanon breaks down to 97% single-family homes and 3% mobile or manufactured homes.

About 22% of owner-occupied homes in Lebanon have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.

All occupied homes in Lebanon are owner-occupied. The vacancy rate is 25%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.

In Lebanon, 78% of homes are primarily heated with propane. Homes heated with propane and fuel oil can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.

What's the biggest home insurance risk near Lebanon? FEMA's National Risk Index points to wildfire (Very Low) in Potter County and Potter County has no active NFIP flood policies on file. See the full Potter 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

Nearby towns

• Gettysburg
• Hoven
• Tolstoy
• Seneca
• Onaka
• Lowry
• Agar
• Akaska

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)