Best Home Insurance in Kentucky (2023)

Compare personalized Home insurance rates in Kentucky

Home Insurance in Kentucky

Making decisions about homeowners insurance in Kentucky isn’t always easy, but you know that it is one of the most important ways for you to protect your biggest investment. You may want cheap homeowners insurance, but you want to know you are buying coverage that’s worth your investment. For that reason, learn the Kentucky homeowners requirements and how to save money while purchasing quality coverage.

Home Insurance Companies in Kentucky

Is your goal to purchase the most affordable insurance from top rated homeowners insurance companies in Kentucky? If so, your first step is to learn about all of the homeowners insurance agencies in Kentucky and then find out what they can offer you. The best home insurance companies in Kentucky learn about your home, offer several options in coverage, and include discounts. Choose independent home insurance agents in Kentucky who can offer more insight across multiple insurers.

How to Get the Best Rates for Home Insurance in Kentucky

To save money and get quality coverage, be sure to start by entering your zip code here. You’ll then be able to navigate each of the companies in the state to use.


<zipcode>Find The Cheapest Home Insurance In Your Area:</zipcode>


How Much Does Homeowners Insurance Cost in Kentucky?

While you may want the cheapest home insurance in Kentucky, you can’t know how much you can save unless you know what the state’s average rates are. The average annual premium in Kentucky is $1,062, which is below the national average of $1,173. Still, when you get home insurance quotes in Kentucky, you can learn about policies well below this average price.


<twitter>The average annual premium in Kentucky is $1,062, which is below the national average of $1,173.</twitter>


List of Homeowners Insurance Companies in Kentucky

Get a list of the available homeowners insurance companies in the state now. Enter your zip code on this page, then begin comparing options across all insurers.

How Homeowners Insurance Is Calculated in Kentucky

Every insurer in Kentucky needs to determine the amount of risk you are to them to create a premium amount for you. To do that, the company needs to factor in the risks in your area. These differ locally, but some key factors in Kentucky include the following:


<qa>1;Crime;Theft, vandalism, and other concerns make homes a higher risk. The crime rate in Kentucky is below the national average. There are 2.26 violent crimes in the state per 1,000 residents, below the national average of 4. There are 21.29 property crimes per 1,000 in the state, which is also below the national average of 24. This helps keep rates lower.</qa>

<qa>2;Weather/Climate;Kentucky is at risk for some key weather events, which can drive up costs. Extreme heat, drought, and wildfires are some of them. It’s also possible to experience thunderstorms and tornados here, which can increase homeowners insurance costs.</qa>

<qa>3;Home Values;Home values are very independent in terms of what your home is worth. However, the median home value in Kentucky is $144,700 as of March of 2019. That’s about average for the country, creating an affordable rate.</qa>

Home Insurance Requirements in Kentucky

Key among the factors to consider when it comes to premium costs is what your insurance does for you. You probably have some questions. Here are a few key answers.

Is Homeowners Insurance Required in Kentucky?

Kentucky’s home loan lenders require property owners to maintain home insurance that covers both the structure and liability risks. The state doesn’t have specific insurance laws regarding this.

What Does Home Insurance Cover?

Your home insurance is there to protect you from accidental and unavoidable losses, things you didn’t cause. For example, it protects the structure of your home from damages such as storms, fires, and vandalism. It helps provide financial protection for your belongings, too. It also helps cover losses other people suffer when on your property, such as medical bills after a fall.

Homeowners Insurance for New Properties in Kentucky

In Kentucky, there are some areas of new home development. These areas may have a higher home value than others, which increases costs. Yet, your home insurance requirements for new properties are likely to require full coverage.

Homeowners Insurance for Old Properties in Kentucky

It’s easy to think about canceling home insurance if you own your home outright, but doing so can be costly. A small electrical fire or damage to the roof can cause thousands of dollars in losses. It’s best to keep older homes insured.

Renters Insurance in Kentucky

The state of Kentucky doesn’t make you have renter’s insurance. However, landlords can require you to have it if you live on their properties. That’s important for your protection.


The landlord’s property insurance doesn’t cover your belongings. It only covers the landlord’s property. Renter’s insurance protects your belongings and provides liability coverage to you.


<zipcode>Compare Renters Insurance in Kentucky</zipcode>


Compare Home Insurance in Kentucky by City

How much will insurance cost you? You may want the cheapest home insurance in Kentucky, but you also need a quality policy. Coverage differs based on many factors. When you compare home insurance quotes in these large cities, for example, the following details will play a role in your premium.


<qa>1;Home Insurance Quotes in Louisville, Kentucky;Louisville is the largest city in the state and an urban metro area. The city itself is home to 621,349 people. The median home value here is still quite affordable at $158,900.</qa>

<qa>2;Home Insurance Quotes in Lexington, Kentucky;The history and charm of Lexington makes it a wonderful place to live. That’s why 321,959 people call it home. Lexington is a hot real estate market with a current market value of $181,800. In the last year, home values have risen 5 percent.</qa>

<qa>3;Home Insurance Quotes in Bowling Green, Kentucky;Though smaller with only 67,067 people living here, Bowling Green is a growing community. Home values here are a bit higher than the region at $182,000.</qa>

<qa>4;Home Insurance Quotes in Owensboro, Kentucky;Owensboro is a modern community that’s home to 59,404 people. This small community is also affordable with a median home value of $129,200.</qa>

<qa>5;Home Insurance Quotes in Covington, Kentucky;Covington is another growing community. Its current population is 40,455. Home values here are also affordable at $108,900.</qa>


Bonus: Most Expensive Homes in Kentucky

You may think it’s expensive to insure your home. What if you had to pay for home insurance on the most expensive homes in the state?


  • 56 Avenue of Champions in Nicholasville has 22,000-square-feet and a value of $7.99 million.
  • 4001 Iron Works Pike in Lexington is valued at $7.499 million, and it spans 54 acres.
  • 635 Iron Works Pike is nearby. It’s valued at $7.15 million for this historic 94-acre farm.