Kentucky Renters Insurance

Finding a renters insurance policy shouldn't be stressful. Compare Kentucky rates by city and insurance company below.

How to find cheap renters insurance in Kentucky


Renters insurance is an optional — but important — product that works to keep your belongings safe in the event your rental property suffers damage from common incidents. A renters policy covers personal items in the event of fire, smoke damage, a wind storm, theft, vandalism and a number of other mishaps.

Unlike car insurance, renters policies aren’t priced based on state-level legislation. Even still, there are relatively large variations in renters insurance prices by state. Policy costs in states vary depending on the frequency and value of renters policy claims filed in the state, and depend on the price of the belongings you're insuring.

Renters insurance in Kentucky is more expensive than the national average. The average annual cost of renters insurance in Kentucky is $186, $1 more expensive than the average across the nation.

The best way to find an affordable renters insurance policy in Kentucky is to view prices from a variety of insurance companies. Find out renters insurance rates in Kentucky via the below breakdown. Remember: your rates will vary, depending on your coverage limits and the valuation of your belongings.


Renters insurance in Kentucky:

  1. By company
  2. Costs by city
  3. Insurance bundling discounts
  4. FAQs

Renters insurance rates in Kentucky by company

Rates for renters insurance in Kentucky can vary depending on which insurance company you select. Cincinnati Insurance offers the most affordable renters insurance policies in Kentucky — only $108 yearly. This compares favorably to the state average cost of $186, providing a 42% price cut on average statewide renters insurance costs.

Start shopping for affordable coverage by reviewing the cheapest Kentucky carriers, listed below.


CHEAPEST RENTERS INSURANCE COMPANIES IN KENTUCKY
InsurerAverage Annual Rate in Kentucky
Cincinnati Insurance$108
State Auto$136
State Farm$138
Travelers$149
Safeco$154

Kentucky renters insurance by city

Not all Kentucky cities have the same renters insurance rates. Rates depend on city-specific variables like the number of local claims filed, lending your ZIP code plenty of weight in deciding how much you pay.

The best renters insurance in Kentucky is found in Covington. The average renters insurance policy in Covington costs $173 per year — $13 less than the state average. The below table shows the best places to live in Kentucky if you’re looking for cheap renters insurance.


AFFORDABLE RENTERS INSURANCE CITIES IN KENTUCKY
CityAverage Yearly Renters Insurance Rate
Covington$173
Florence$173
Independence$173
Fort Thomas$176
Lexington$181

Kentucky renters insurance premiums by coverage level

The cost of your renters insurance depends on the amount of coverage you opt to carry. Two of the most common levels of renters insurance coverage are $25,000 and $50,000. In Kentucky, the difference in annual premium between these two tiers is about $76. If you can afford to insure your personal property at this additional expense, it's worth considering.

Coverage LevelAverage Yearly Renters Insurance Rate in Kentucky
$25K Property$148
$50K Property$224

How to bundle renters and auto insurance in Kentucky

If you're trying to save on insurance, consider buying your renters and auto policies from the same insurance company. A renters and car insurance bundle in Kentucky can save you a substantial sum each month on your auto insurance policy. Bundling policies in Kentucky leads to an a yearly discount of $103.


RENTERS AND AUTO INSURANCE BUNDLING SAVINGS IN KENTUCKY
Avg. Annual Auto Insurance Rate (No Bundle)Avg. Yearly Auto Insurance Rate (Bundle)Annual Bundle SavingsBundle Savings %
$1,898$1,796$1036%


You can save money on insurance by bundling your renters and auto policies. Find a policy today!


Looking for info on renters insurance for a particular city? Have a look at our breakdown of the most populous metropolitan areas in Kentucky.

  1. Lexington
  2. Louisville

Kentucky renters insurance FAQs


Is renters insurance mandated in Kentucky?

Not by state law. However, many landlords will require you carry renters insurance to protect their property.

What does renters insurance cover in Kentucky?

A basic renters insurance policy in Kentucky will cover your property, your liability, medical payments, and additional living expenses.



Need renters insurance? Talk to an expert today.