The Best Williamsburg Homeowners Insurance | Trusted Choice

Williamsburg Homeowners Insurance

Find the Right Williamsburg, KY Homeowners Insurance

Find the right homeowners insurance policy for you.

Ann Herro | March 14, 2020

On the banks of the beautiful and legendary Cumberland River, no place feels like home more than Williamsburg, KY. It’s a quiet place that is attracting more visitors and residents every year with its simple charms. It’s the good life at the gateway to the Cumberlands. To own a home here is to insure it, and, fortunately, in Williamsburg, home insurance is as affordable as the easy life.

You have many options to choose from to make sure that you are covered for any event that might get in the way of the otherwise carefree country life. Your Independent Insurance Agent is there to help you understand your options and find the insurance that fits your life and your wallet with quotes that you can compare, from many different carriers.

Home insurance is very reasonably priced in Kentucky. Nationally, homeowners spend $1,034 on home insurance premiums. It costs just a little bit less in Kentucky, with an average of $913, ranking it right in the middle of all the states at number 27 overall. There is a lot you can do to keep your insurance premiums low, however. After location, the factors that go into the cost of insuring your home are these:

  • Home's age and type of construction - Wooden homes are more likely to suffer damage, and older homes are more likely to have electrical fires.
  • Claims history - More claims make your premiums more expensive.
  • The property's risk factors - Swimming pools and trampolines figure prominently.
  • Credit score - a low credit score is indicative of a high risk.

Every insurance agency has its own criteria that go into pricing their policies. Your Independent Agent can find the company that fits best with your home and its condition, along with any other factors that are unique to your situation.

Williamsburg Second Home and Vacation Home Insurance

If you have a vacation home in the area, you typically need the same insurance on that home as for your primary residence. Many people opt for lower insurance overall on their second home, but they are taking on the risk of damage on their own. Insurance may be higher if the home is vacant much of the year, depending on how it is secured. Insurance costs can be higher at a vacation home due to more theft at a home that does not have someone living in it all the time. You can minimize this cost by installing a security system or having a renter on your property to look after things.

Number of Thefts in Kentucky

Burglaries are less likely in Kentucky than nationally:

  • Nationally, there are 37,814 thefts reported yearly in the average state.
  • In Kentucky there are 26,213 per year.

A burglar alarm or security service is the best way to lower the cost of your homeowners insurance. Homeowners policies cover any damage to the property due to a break-in. You can also choose to have the contents of your home covered up to a value specified, capping the total loss. If you do this, however, you are taking on the risk of theft on your own. That’s not a big problem in Williamsburg, so it may suit you.

Number of Catastrophes in Kentucky

Kentucky is blessed with very mild weather and with few natural disasters that can cause claims. Overall, these are the statistics:

  • Recently, there were 743 catastrophes noted in Kentucky.
  • This includes 17 tornadoes, a relatively low number.
  • The insured property damage in recent years was $12,300,000.
  • Overall, 1 in 15 homes has a claim every year in the U.S.

The right insurance makes all the difference when a disaster hits. You want a policy that pays out quickly and helps you get back on your feet. While you cannot predict the onset of a catastrophe like bad weather, you can insure your home against loss from one.

What Are the Risks in Williamsburg?

While the foothills of the Cumberland Mountains are relatively calm in terms of weather, there are still issues of theft and other damage that homeowners in Williamsburg need to be aware of. You can always minimize your risk with a few simple precautions – and the more you get to know your insurance options, the more you can find ways of lowering the cost of the coverage you need.

Compare Williamsburg Home Insurance Quotes

Contact your Independent Insurance Agent today to learn more about what you might need. They will tell you what you can do to lower your cost and will obtain multiple quotes from many different companies. By shopping around, you can find the insurance that fits your lifestyle and rest assured that you’ll never have to worry, even if the worst does come to the quiet life you’ve come to love in Williamsburg.

Now, who's ready to get their insurance problems solved?