Home Insurance in Cave City, Kentucky
The median home value in Cave City is $116,700, 34% lower than the Barren County median.
Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. The typical home in Cave City was built around 1981. About 25% of homes were built before 1960, about 7 points above Barren County's 18%.
Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy. The housing stock in Cave City is 49% single-family homes, 18% apartments in buildings with 5+ units and 5% mobile or manufactured homes. The rest are 2-4 unit or other housing types.
41% of owner-occupied homes in Cave City carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
Cave City has an owner-occupancy rate of 37% and a vacancy rate of 7%; unoccupied homes typically need a different coverage form.
In Cave City, 48% of homes are primarily heated with electricity.
Barren County's top FEMA-rated hazard is hail (Relatively Moderate), per FEMA's National Risk Index. Barren County had 30 active NFIP flood policies as of September 2026. See the full Barren County home insurance overview for all FEMA hazard ratings and flood coverage details.
The statewide average premium for a standard HO-3 homeowners policy in Kentucky is $1,525 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $116,700 |
|---|---|
| Median year built | 1981 |
| Owner-occupied share | 37% |
| Share of owner-occupied homes with a mortgage | 41% |
| Top county hazard | Hail (Relatively Moderate) |
| Active NFIP policies in Barren County | 30 |
| Home insurance premium | $1,525 - 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)