Frankfort Homeowners Insurance

What Your Frankfort Home Insurance Policy Needs

Find the right homeowners insurance policy for you.

The capital of the Commonwealth of Kentucky, Frankfort is home to Kentucky State University and the East Frankfort Disc Golf Course, where the March Mad Disc and Capitol City Clash tournaments are held. With approximately 25,500 residents, Frankfort, KY is the fifth smallest capital city in the United States. If you own a home in this vibrant city, you will want to be sure to protect your investment by purchasing a solid Frankfort home insurance policy.

When you are shopping for affordable coverage, you can turn to an independent insurance agent in our network for help. These agents are able to gather Frankfort homeowners insurance quotes from a variety of highly-rated providers to make it is easy for you to compare rates and find the best policy to meet your coverage and budgetary needs. Find an agent near you to get started.

  • National yearly premium average: $1,034
  • Kentucky yearly premium average: $916
  • 27th most expensive premium in the U.S.

Homeowners in Kentucky pay lower-than-average rates for their home insurance coverage. Of course, rates can vary significantly from one homeowner to the next, so these figures should be used only as a way to get an approximation of how much you might expect to pay. Insurance companies take a number of factors into consideration when they calculate your actual Frankfort home insurance costs. These include but are not limited to the following:

  • The value and rebuilding cost of the home you are insuring
  • The materials used in the building of your house
  • The ZIP code where your house is located
  • The history of claims on your home
  • The amount of contents coverage you wish to purchase
  • The amount of your deductible

Different insurance companies will arrive at different prices for your coverage, so it is a good idea to compare at least three Frankfort homeowners insurance quotes before you make a selection.

Second Home and Vacation Home Insurance

Some residents in Frankfort own a second home or a vacation home, and these properties need to be covered by home insurance as well. However, there are different insurance considerations with properties such as these. For example, vacation homes may have lower contents coverage needs than primary residences, and if you rent out property when you are not using it, you may need to purchase a landlord insurance policy in order to be sure your property is properly covered. An agent can help you understand and evaluate your coverage needs and can help you find the best policy to meet them.

Number of Thefts in Kentucky

  • National number of burglaries: 37,814
  • Kentucky number of burglaries: 26,213

The burglary rate in Kentucky is lower than the national average but is a bit higher in Frankfort. In recent years, there were 246 burglaries reported in this city. That equates to about 8.89 burglaries for every 1,000 homes, which is higher than the national average. Take measures to protect your property by doing things such as keeping entryways well-lit and not blocked by shrubbery; stopping mail service when you are away on vacation, and keeping doors and windows locked at night and while you are out. If you install a burglar alarm or motion detection lighting, you may even qualify for a discount on your Frankfort home insurance policy.

In the event that your house is burglarized, your Frankfort homeowners insurance compensates you for your losses. It is important to make sure that you have sufficient contents coverage. Some of your more valuable belongings may require you to purchase special endorsements in order to be covered in full. Your agent can advise you about insuring your property.

Number of Catastrophes in Kentucky

  • Number of catastrophes in Kentucky: 743
  • Number of tornadoes in Kentucky: 17
  • Amount of property damage in Kentucky: $12,300,000

Kentucky residents can experience property damage to their homes because of weather-related events such as tornadoes and hailstorms or because of man-made catastrophes such as electrical or cooking fires. You will want to be certain that the policy you choose provides coverage against the hazards that can potentially damage your home. For example, tornado insurance may not be covered without a special endorsement, so it is important that you understand the terms of your policy. Also, if your house is damaged, you will want to be sure that your Frankfort homeowners insurance policy is backed by a reputable and responsive insurer. Our agents will only recommend trustworthy insurers.

What Are the Risks in Frankfort, KY?

Residents of Frankfort have a high risk of property damage caused by tornadoes. The risk in this city is actually 48 percent higher than the national average. One of the most devastating tornadoes to hit this area was an F4 twister that touched down 20 miles from the city center; the twister injured 10 and caused $101 million in property damage. In addition, some residents of Frankfort are at risk of flood damage in their homes. Unfortunately, flood damage is not covered by your home insurance policy. The good news is an agent can help you get flood insurance through the National Flood Insurance Program (NFIP) so that you can close this coverage gap in your Frankfort home insurance policy.

Compare Frankfort Home Insurance Quotes

The only way to be certain that you are purchasing your Frankfort homeowners insurance policy at a reasonable price is by comparing costs and offerings from at least three competing insurance companies. Because most people find this to be a time-consuming and frustrating task, many forego it and end up paying much more than they need to for their home insurance.

That is why when you are shopping for insurance, it is a good idea to work with an independent agent in our network. These agents will take the time to understand your concerns and requirements and will then make rate inquiries for you. That way, you can easily compare Frankfort home insurance quotes for policies that have been customized to meet your specific needs. It is easy to find a local agent – conveniently located in or near Frankfort – who can help you.

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