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Insurance Costs in Lawrence, KS

Population: 94,934 | Midwest region | 82% above national average for homeowners insurance

Homeowners
$4,738/yr
State avg: $4,600
Renters
$180/yr
State avg: $180
Auto
$2,630/yr
State avg: $2,630
Landlord
$5,923/yr
State avg: $5,750

Compared to State & National Averages

Homeowners Insurance
$4,738 City
$4,600 State
$2,600 National
Renters Insurance
$180 City
$180 State
$160 National
Auto Insurance
$2,630 City
$2,630 State
$2,497 National
Landlord Insurance
$5,923 City
$5,750 State
$3,250 National

Risk Factors & Details

Local Risk Factors
tornadosevere hail
Crime Index
35/100
Total Annual Insurance$13,471
Monthly Insurance Budget$1,123
vs National Total+81%

Insurance Market Analysis: Lawrence, KS

Lawrence is a small city with a population of 94,934 in the Midwest region. Insurance costs here are shaped by a combination of Kansas's regulatory environment, local risk factors, and the city's specific demographic profile.

Homeowners in Lawrence face significantly elevated insurance costs at $4,738/yr — 82% above the national average. Over a 30-year mortgage, this premium gap amounts to approximately $64,140 in additional insurance costs compared to the average American homeowner. This is a material factor in the true cost of homeownership here and should be carefully factored into any home purchase decision.

Severe weather — particularly tornado and severe hail — is the primary driver of elevated insurance costs in Lawrence. The region experiences multiple severe weather events annually, generating billions in insured losses. Impact-resistant roofing (Class 4) is one of the most effective investments homeowners can make, potentially reducing premiums by 10-30%.

Lawrence's crime index of 35/100 is moderate — neither a significant penalty nor a notable benefit for insurance pricing. Standard security measures and a claims-free history are the most effective ways to keep premiums in check.

The total annual insurance budget for a Lawrence homeowner with a car is approximately $7,368/yr ($614/mo). This is significantly above the national combined average of $5,097/yr. For anyone relocating to Lawrence, budgeting for this higher insurance cost is essential — it can represent the equivalent of one or more extra monthly car payments per year. Bundling homeowners and auto with the same carrier typically saves 15-20%, which could mean $1,253 in annual savings.

Data sources: Insurance cost estimates derived from NAIC reports, Insurance.com, Bankrate, and Insurify (2025-2026). City risk factors from FEMA, FBI UCR, and state insurance department filings. Figures represent average annual premiums for standard coverage and may vary based on individual factors.

In-Depth Insurance Guides for Lawrence

Estimate Your Premium in Lawrence

Property Details
$
Estimated Annual Premium
$5,367Above Average
$447/month in Kansas
Monthly Cost
$447
estimated premium
vs National Avg
+106%
Avg: $2,600/yr
State Average
$4,600
Kansas avg/yr
Per $1,000 Value
$15.33
rate per $1K coverage
Cost Factors in Kansas
tornado alleyPrimary
severe hailContributing
high wind damageContributing
Top ProviderState Farm

Other Cities in Kansas

See all insurance costs for KansasInvesting? Visit CapRateCity.com | Buying? Try MortgageMathLab.com | Relocating? Check TakeHomeTax.com
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