Home Insurance in Benham, Kentucky
The median home value in Benham is $53,000, 28% lower than the Harlan County median.
Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. The median home in Benham was built in 1939 or earlier. About 82% of homes were built before 1960, about 52 points above Harlan County's 30%.
The housing stock in Benham is 100% single-family homes.
32% of owner-occupied homes in Benham carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
The vacancy rate is 12%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 82% of occupied homes in Benham are owner-occupied.
In Benham, 83% of homes are primarily heated with electricity. Homes heated with propane can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.
FEMA rates Harlan County's overall risk as Relatively Low, led by strong wind (Relatively High). Harlan County had 275 active NFIP flood policies as of September 2026. See the full Harlan 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 | $53,000 |
|---|---|
| Median year built | 1939 or earlier |
| Owner-occupied share | 82% |
| Share of owner-occupied homes with a mortgage | 32% |
| Top county hazard | Strong Wind (Relatively High) |
| Active NFIP policies in Harlan County | 275 |
| 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)