Best Homeowners Insurance in Kentucky
We analyzed data from more than 150 insurance companies to find the cheapest home insurance rates in Kentucky. Read on to learn more or enter your ZIP below to compare quotes.
We analyzed data from more than 150 insurance companies to find the cheapest home insurance rates in Kentucky. Read on to learn more or enter your ZIP below to compare quotes.
Homeowners insurance isn't required, but it is important. A home insurance policy keeps your personal items protected. A homeowners policy covers your dwelling, attached buildings, and personal property against a number of circumstances, such as wind damage, fire, theft, vandalism, and others.
Unlike car insurance, homeowners insurance isn't priced based on state-level laws. That said, major gaps exist in homeowners insurance costs on a state-by-state basis. Policy rates in a given state vary based on the value of — and frequency of — home insurance claims filed statewide, and depend on the value of the belongings and dwelling you're insuring.
The easiest way to acquire affordable homeowners insurance in Kentucky is to view prices from as many insurance companies as you can. Learn more about home insurance rates in Kentucky via the below data. Individual rates may vary depending on coverage options.
Home insurance prices in Kentucky vary depending on the insurer you choose. Cincinnati Insurance offers the most affordable home insurance in Kentucky, at only $1,161 per year. This beats the state mean rate of $2,053, offering an $892 price cut on the typical rates in the state.
Begin your search for affordable homeowners coverage by reviewing the most affordable Kentucky home insurance carriers, listed below.
| Company | Average Annual Rate in Kentucky |
| Cincinnati Insurance | $1,161 |
| Liberty | $1,186 |
| Safeco | $1,721 |
| State Auto | $1,847 |
| USAA | $1,889 |
Not all Kentucky cities have the same homeowners insurance rates. Rates are determined based on on city-specific variables, such as the number of claims filed nearby, meaning your ZIP code could have a major impact on how much you pay.
The cheapest home insurance rates in Kentucky are in Fort Thomas. The average home insurance policy in Fort Thomas costs $1,382 every 12 months — $670 less than the statewide average. The below table shows the best places to live in Kentucky if you’re looking for cheap homeowners insurance.
| City | Average 12-Month Home Insurance Rate |
| Fort Thomas | $1,382 |
| Independence | $1,430 |
| Florence | $1,431 |
| Lexington | $1,436 |
| Covington | $1,441 |
Your chosen level of homeowners coverage impacts the insurance premiums you pay . In Kentucky, carrying $100K dwelling coverage costs an average of $854 per year, while carrying additional coverage up to $400K costs $2,415/year.
| Coverage Level | Average Annual Premium |
| $100,000 Dwelling | $854 |
| $200,000 Dwelling | $1,441 |
| $250,000 Dwelling | $1,582 |
| $400,000 Dwelling | $2,415 |
Kentucky homeowners have numerous choices to make when purchasing a home insurance policy, including how high or low to set their deductible. The deductible is the amount the insured is responsible for paying toward a covered loss. Where you set your deductible can play a large part in how much you pay for insurance.
A good rule of thumb is: the lower your deductible, the higher your premium will be. As such, if you want your insurance rates to stay low, aim for a higher deductible. It's worth mentioning that your deductible should only be as high as you can reasonably pay in the case of an actual loss.
Below are some common deductibles offered on most home policies along with corresponding average insurance premiums.
| Deductible Tier | Average Annual Homeowners Insurance Rate |
| $500 | $1,695 |
| $1,000 | $1,582 |
| $1,500 | $1,512 |
| $2,000 | $1,416 |
| $5,000 | $1,206 |
If you're trying to save on insurance, consider holding your car and homeowners policies with the same insurance company. A home and auto insurance bundle in Kentucky can save you a substantial sum each month on your auto insurance policy. Bundling home and auto policies in Kentucky leads to average annual savings of $175.
Avg. Annual Rate (No Bundle) | Avg. Annual Rate (w/ Bundle) | Annual Savings ($) | Annual Savings (%) |
| $1,854 | $1,679 | $175 | 10% |
Bundling home and auto policies is a great way to save. Find a policy today!
Seeking information on homeowners insurance in a specific city? Check out our breakdown of major Kentucky cities:
Kentucky has an insurance tax which impacts insurance companies. The amount varies based on your location.
Although not required by Kentucky's state laws, home insurance is required by every mortgage or loan provider.
The Zebra is not an insurance company. We’re an independent, unbiased partner for consumers, on a mission to help you compare insurance options apples-to-apples, so you can make a truly informed decision. We’re proud because:
