Popular QuestionsPopular Questions about Kentucky Home Insurance

How much does Kentucky home insurance cost? $1,062

The average American homeowner pays $1,173 per year for home insurance, but in Kentucky, the average annual premium is $1,062. Even though insurance is less expensive for homes in Kentucky, there is still room for big savings when you shop around for the best rates. An independent insurance agent can help.

kentucky home insurance cost chart
What does my Kentucky home insurance do for me?

Your home insurance gives you a backup plan in case a catastrophe strikes in your neighborhood. Whether it's a fire, heavy winds or a burglary, you're covered if you have a suitable Kentucky homeowners insurance policy.

Pays for repairs to your home and your belongings

  • Example: A tree falls on your house, and rain ruins your 60" Samsung TV.

Pays for someone else's injuries or property damage when it's your fault

  • Example: Your kid is playing baseball and accidentally smacks the ball through your neighbor's window.

Pays for temporary living expenses when your home is damaged

  • Example: You need a hotel while your house's roof is being repaired due to a fallen tree.
Will I actually use my Kentucky homeowners insurance?

We can’t be 100% certain, but last year insurance companies spent more than $549 million on home insurance claims in Kentucky. That's a lot of unfortunate events happening to Kentucky homeowners.

How is my Kentucky homeowners insurance calculated?

Insurance carriers calculate the cost of a home insurance policy by asking "how likely is it that something bad will happen?" The more likely it is that something bad will happen, the more expensive the home insurance policy will be, and vice versa. We call these potential disasters "risk." Let’s take a look at how risky Kentucky is compared to the rest of the US.

Crime:

Burglary rates in Kentucky match up to the national average. Homeowners in areas of Kentucky that have higher crime rates may pay more for their coverage.

  • Average number of burglaries per 1,000 homes in KY: 4.70
  • Average number of burglaries per 1,000 homes in the U.S.: 4.69

Weather:

The weather in Kentucky plays a large role in damage to area homes. Whether your house is damaged by hail, lightning, heavy winds, or other disasters, if you have the right coverage in place you do not have to worry about the problem causing you significant financial damage.

  • Number of federally declared disasters since 1953: 74
  • Most common cause of disasters in the state: Severe Storms
  • Average number of tornados per year: 24.2
  • Amount paid in home insurance claims in 2016: $549,229,000

Home Values:

The estimated cost to rebuild your home will play a large role in how much your home insurance costs. In Kentucky, the average home value is much lower than the national average, which explains why costs in this state are relatively high when compared to other states.

  • Average home value in KY: $135,600
  • Average home value in the US: $188,900
Are there any independent agents in Kentucky?

Yes! There are currently 331 independent insurance agents in Kentucky who are ready to help. Did you know that independent insurance agents can give you multiple policy options to choose from? That way, you'll receive completely customized coverage that addresses all of your unique insurance needs.

What’s the best insurance company in Kentucky?

An independent agent compares policies from multiple companies to find you the best coverage for your needs and budget. Here are some companies our agents will use in Kentucky: 

travelers logo
motorists mutual insurance  company
safeco insurance
central insurnace companies

InformationFind the Best Insurance in Your City

Now, let's take a quick peek at what’s going on in your city. Insurance companies look at a lot of factors when determining home insurance costs. One of many factors is location. Crime rates, weather catastrophes and the overall cost of your home will also factor into how much your home insurance will cost.

How does your city measure up to the national average?

  • National average home insurance cost – $1,173 / year
  • National average burglary rate per 1,000 homes – 4.69
  • National average home value - $188,900


CityAvg. Monthly Cost of Home InsuranceAvg. Yearly Cost of Home InsuranceAvg. Home ValueNumber of Burglaries per 1,000 Homes
Mount Sterling$72$866$127,8585.09
Benton$71$855$125,0622.99
Central City$62$744$74,3060.85
Jeffersontown$87$1,047$178,4843.41
Louisville$92$1,100$133,65613.56
Lexington$97$1,169$181,2007.72
Bowling Green$93$1,119$145,8005.87
Owensboro$83$1,001$123,7778.19
Covington$70$842$103,1457.20
Hopkinsville$77$924$119,1096.27
Richmond$95$1,137$144,0647.33
Scottsville$66$789$99,4696.30
Mayfield$65$779$91,4047.44
Henderson$75$904$113,0185.92
Elizabethtown$93$1,118$180,6803.59
Springfield$74$890$107,4261.29
Lebanon$65$782$98,9315.08
Frankfort$91$1,091$135,9239.17
Paducah$76$912$117,1376.04
Jamestown$64$768$85,1670.55
Maysville$80$960$120,2236.04
Prospect$133$1,591$398,4940.41
Hurstbourne$135$1,621$402,0160.39

Mount Sterling, KY Home Insurance

The average monthly cost of homeowners insurance in Mount Sterling is $72. Several different factors will influence how your actual rates are calculated. These include such things as the age, size and value of your home and your credit score and claims history. You can therefore expect your quoted rate to be higher or lower than this average. 

Mount Sterling home insurance is designed to cover hazards such as liability, property crime, accidental fires, and weather-related damage. For example, occasional heavy winds sweep through the area, damaging roofs and causing trees to fall on local homes. If wind damage is a problem for your home, you can file a claim with your home insurance provider and receive compensation to make repairs.

To get the best rates on Mount Sterling homeowners insurance, choose an independent agent who has the freedom to shop quotes from multiple companies. Take time to compare the rates and you'll find a plan that gives you reliable coverage at an affordable price.

Benton, KY Home Insurance

The average monthly cost of homeowners insurance in Benton is $71. Your actual home insurance premiums could be significantly more or less. It depends on several variables like the size and age of your house, the crime rate in your ZIP code, and your credit score. Comparing rates enables you to be sure you are getting your coverage at the best price.

Your Benton homeowners insurance can cover you against many different hazards that can otherwise cause you to face large financial losses. These include such things as damage related to severe weather, liability lawsuits if someone is injured on your property, and weather-related damage. Fortunately for residents of Benton, the burglary rate here is low, but in the even that you are the victim of a property crime, you can turn to your home insurance for compensation for your losses.

Choose an independent insurance agent to get the best rates on Benton home insurance. Independent agents can provide you with quotes on multiple policies, giving you more options in your search for reliable coverage for your home.

Central City, KY Home Insurance

The average monthly cost of homeowners insurance in Central City is $62. Of course, rates can vary significantly from one homeowner to the next, so you can expect your quoted costs to be higher or lower than this average. Rates will be determined using several factors such as the type of house you live in, the home's size and age, your credit score, your previous claims, and several other factors.

Central City homeowners insurance can protect you from facing large financial losses if you fall victim to some of the common hazards faced by homeowners. These include such things as liability lawsuits, property crimes, residential fires, and severe weather. For example, summer storms in Central City are sometimes severe, bringing frequent lightning and occasional hail. If a hailstorm damages your home, you can file a claim with your homeowners insurance and get the money you need to make repairs quickly.

Instead of buying insurance directly from an agent who works for a specific company, choose an independent agent to get more options. Independent agents can help you find the lowest rates on homeowners coverage by shopping quotes from multiple companies.

Jeffersontown, KY Home Insurance

The average monthly cost of homeowners insurance in Jeffersontown is $87. Every homeowner will pay a customized rate for their home insurance coverage, so there is often a large variance from one resident to the next. Insurance companies calculate your cost based on a variety of factors like your home’s location, square footage and age. They may also consider factors such as the number of people who live in the home and your credit score. Compare rates from multiple carriers to be sure you are getting your coverage at a competitive rate.

Jeffersontown homeowners insurance protects policy holders from having to face large financial losses in the wake of a covered event. It can cover against such things as severe weather, accidental fires, property crimes, liability lawsuits, and other hazards. For example, a burst pipe can quickly turn into a major catastrophe for your home. As water spills out everywhere, the damage to your floors can be severe. If the pipe is upstairs, water can drip down and damage the lower level too. Luckily, home insurance covers non-flood-related water damage and can pay for repairs if this happens to you.

Independent agents offer personalized support for homeowners in Jeffersontown. Your agent will take the guesswork out of buying home insurance by shopping quotes from multiple policies and helping you compare rates and coverages.

Lexington, KY Home Insurance

The average monthly cost of homeowners insurance in Lexington is $97. Your actual home insurance cost could be less or more, based on variables like your home's size, age and building materials, and your credit score and claims history. Comparing rates from a few different insurers enables you to be sure you are getting a suitable policy at a great price.

Lexington homeowners insurance can cover a variety of hazards such as property crimes, liability lawsuits, residential fires, and weather-related damage. For example, storms that bring high winds in Lexington are no joke and can do serious damage to local homes. If the wind blows a tree onto your house, it can be a scary experience, but your homeowners insurance can step in to cover the cost of repairs.

Independent insurance agents take the guesswork out of buying a reliable insurance policy for your Lexington home. They can shop rates from multiple companies, answer your questions and match you with the best homeowners insurance policy for your unique needs.

Covington, KY Home Insurance

The average monthly cost of homeowners insurance in Covington is $70. Your premium might be significantly higher or lower than the average depending on your specific situation. Insurance companies use several factors to determine rates. These include such things as the age, size and value of your home, whether you present any special liability concerns such as a dangerous breed of dog or a swimming pool, and even your credit score. Comparing rates allows you to find the best price for your policy.

Covington homeowners insurance can provide coverage against a number of different hazards. These include such things as weather-related damage, property crimes, liability lawsuits, and residential fires. Whether your home is destroyed by a wildfire or an electrical fire, the devastation is the same. Fortunately, home insurance gives you a backup plan and can cover your costs to repair or rebuild after a tragic fire.

Working with an independent insurance agent makes it easier to find affordable rates on homeowners insurance. Independent agents can shop for rates from multiple carriers, giving you the opportunity to compare your options and choose the policy that best meets your coverage and budgetary needs.

Hopkinsville, KY Home Insurance

The average monthly cost of homeowners insurance in Hopkinsville is $77. Of course, insurance prices can vary significantly from one homeowner to the next. Your actual premium might be higher or lower, depending on a number of factors such as the crime rate in your ZIP code, the size, age, and structure of your home, the amount of coverage you wish to purchase, and sometimes even your credit score.

Hopkinsville homeowners insurance can cover you against a variety of hazards including liability lawsuits, property crimes, and severe weather. For instance, if lightning strikes your home, it can cause serious damage. Summer storms in Hopkinsville can be intense, and if your home sustains damage or catches fire because of lightning you'll need a reliable home insurance plan to cover the cost of repairs.

Rather than purchasing insurance directly from a carrier, work with an independent agent to get more options and better rates. Independent agents can shop quotes on multiple policies and help you find a customized plan that is tailored to your unique needs.

Bowling Green, KY Home Insurance

The average monthly cost of homeowners insurance in Bowling Green is $93. Your actual cost could be notably more or less, depending on a variety of factors that insurance companies use to determine appropriate costs. These include such things as the size and age of your home, the amount of coverage you wish to purchase, the crime rate in your ZIP code, previous claims, and even, at times, your credit score.

Bowling Green homeowners insurance can provide coverage against a variety of hazards, many of which may be unexpected. For example, if you have a burst pipe or a leaking appliance, water damage to your home can quickly become a major issue. If you discover soggy floors or huge puddles of water in your home, you can file a claim. As long as the damage is not flood-related, your insurance policy can help pay to clean up the mess and make home repairs. 

Rather than purchasing an insurance plan directly from a carrier, choose an independent insurance agent who will advocate on your behalf. Independent agents can shop rates from multiple companies and help you find a customized homeowners insurance policy that fits your needs.

Owensboro, KY Home Insurance

The average monthly cost of homeowners insurance in Owensboro is $83. Your actual premiums could be considerably higher or lower than this amount. That is because insurance companies calculate rates according to such factors as the size of your house, your house's building materials, the amount of coverage you are purchasing, and even sometimes your credit score.

Your Owensboro homeowners insurance can cover you against many of the hazards you face as a homeowner in this city. This includes such things as loss or damage caused by property crimes, accidental fires, liability lawsuits, and severe weather. For example, tornadoes are a serious threat in this state, and Owensboro residents are not immune. If your home is damaged or destroyed by a tornado, you may gain some peace of mind from knowing that your home insurance plan can cover the cost of repairs.

Independent insurance agents make it easy to find reliable, affordable coverage for your home. They will take time to shop rates from multiple companies, making sure you receive the best home insurance coverage for your needs.

Louisville, KY Home Insurance

The average monthly cost of homeowners insurance in Louisville is $92. Your actual home insurance cost will be determined by unique factors like the size and structure of your house, the crime rate in your ZIP code, the amount of coverage you are purchasing, and even your credit score. Your quoted rates could therefore be considerably higher or lower than this average.

Most people never stop to think about burglaries until it's too late. In Louisville, theft is a serious concern, and homeowners should take precautions by locking their doors and installing security systems. If your home does get targeted by burglars, you can file a claim with your home insurance provider and replace any stolen valuables and make repairs to any damage left after the break-in.

Finding reliable insurance for your home is easy with the help of an independent insurance agent. Your agent will shop rates from multiple policies, explain your options and help you compare rates to find the best coverage for your needs.