Home Insurance in Oakland, Kentucky

With a median home value of $164,800, Oakland is 36% lower than the Warren County median.

The typical home in Oakland was built around 1974. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. About 44% of homes were built before 1960, about 31 points above Warren County's 13%.

In Oakland, the housing stock is 100% single-family homes.

In Oakland, about 55% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.

The vacancy rate is 12%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 93% of occupied homes in Oakland are owner-occupied.

Most homes in Oakland - 67% - are primarily heated with natural gas. Homes heated with propane can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.

Warren County's top FEMA-rated hazard is hail (Very High), per FEMA's National Risk Index. Warren County had 131 active NFIP flood policies as of September 2026. See the full Warren 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$164,800
Median year built1974
Owner-occupied share93%
Share of owner-occupied homes with a mortgage55%
Top county hazardHail (Very High)
Active NFIP policies in Warren County131
Home insurance premium$1,525 - statewide average (NAIC, 2023 data)
Key home insurance figures for Oakland, KY

Nearby towns

Sources

Data last updated: 2026-09-29