Home Insurance in Dry Ridge, Kentucky
With a median home value of $216,800, Dry Ridge is close to the Grant County median.
The typical home in Dry Ridge was built around 1987. About 13% of homes were built before 1960, about 2 points above Grant County's 11%. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild.
In Dry Ridge, the housing stock is 52% single-family homes, 33% apartments in buildings with 5+ units and 3% mobile or manufactured homes. The rest are 2-4 unit or other housing types.
About 44% of owner-occupied homes in Dry Ridge have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
About 42% of occupied homes in Dry Ridge are owner-occupied. The vacancy rate is 6%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
Homes heated with propane can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies. In Dry Ridge, 48% of homes are primarily heated with electricity.
Grant County's top FEMA-rated hazard is tornado (Relatively Low), per FEMA's National Risk Index. Grant County had 12 active NFIP flood policies as of September 2026. See the full Grant 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 | $216,800 |
|---|---|
| Median year built | 1987 |
| Owner-occupied share | 42% |
| Share of owner-occupied homes with a mortgage | 44% |
| Top county hazard | Tornado (Relatively Low) |
| Active NFIP policies in Grant County | 12 |
| 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)