Should you have guests over on your property who are hurt or experience damaged property, you could be held liable. When unexpected situations occur, it’s best to be as financially prepared as possible. That’s why homeowners insurance is so important. Although it may seem pricey, homeowners insurance provides you with a security blanket to avoid financial ruin during emergencies. The cost of homeowners insurance depends on various factors, including the age of the property. However, there are plenty of affordable insurance providers in Kentucky that offer discounts, low premiums, and excellent coverage. Finding the right insurance provider is a matter of identifying your needs and determining the best coverage for you.
What We'll Cover
- What Is Required in Kentucky Home Insurance?
- Cheapest Kentucky Home Insurance Providers
- Lexington Insurance Agency, Inc.
- Erie Insurance of Pikeville, KY
- Family Select Insurance
- Northern Kentucky Home Insurance Company
- Rollins Insurance
- Lincoln Insurance Agency
- Independent Agents of Kentucky
- Ingram Insurance Company
- Bill McCoy Insurance Agency
- Diligent Insurance Group
- Make Sure to Compare Your Policies When Looking for Cheap Home Insurance in Kentucky
What Is Required in Kentucky Home Insurance?
Home insurance requirements in the state of Kentucky don't come from the state itself. Unlike with minimal auto insurance and workers' compensation, the state doesn't mandate that homeowners carry home insurance in Kentucky. However, banks and other mortgage lenders do have home insurance requirements for their borrowers to carry until the mortgage is paid in full. Three key areas of coverage are:
- Liability Coverage
- Personal Property Coverage
- Dwelling Structural Coverage
Should you have guests over on your property who are hurt or experience damaged property, you could be held liable. Homeowners who have small children and pets find this to be essential in their home insurance policy.
Pets may attack others unexpectedly, causing medical damage that you are responsible for as the homeowners and the pet owners. When you have small children, they often want toys and yard equipment that, while fun, could be dangerous. This coverage protects you if they fall off the swing or high-risk equipment such as trampolines.
Personal Property Coverage
Homeowners should protect the contents of their homes and other structures on their properties in the event of a tragedy. Even if your home is paid for, you would be responsible for covering the cost of the damage and replacing these personal items on your property. With home insurance, you can get financial assistance to replace the items you lost or were stolen when a claim is made.
Dwelling Structural Coverage
Whether your home is vandalized or damaged in a theft, accidental fire, or other unfortunate accident, repairs and renovations are very common to make your home livable and safe again for your family. Dwelling structural coverage covers everything from piping and ground foundation to the roof.
Even homeowners who do not currently carry a mortgage on their home still find that cheap home insurance in KY is beneficial and adds a level of protection for their home needs. Any home you own is an investment, and that investment should be protected with home insurance.
Cheapest Kentucky Home Insurance Providers
You do not have to go through a nationwide agency to get home insurance for your Kentucky home. Also, not every insurance agency will have the cheapest policy for you because of the different companies they are associated with. To get a wider variety of insurance options, you should be looking at your local agents across the state. Start your search for the cheap home insurance Kentucky agents can provide with these 10 options:
Lexington Insurance Agency, Inc.
Located in Lexington, Kentucky, Lexington Insurance Agency, Inc. is focused directly on assisting Kentucky homeowners with a policy designed for their homes in or around Lexington. These insurance agents are involved in the local community and know exactly what the needs of Kentuckians are when it comes to cheap home insurance.
Lexington Insurance Agency offers great standard homeowners insurance, but it also allows customers to customize their plans to make them uniquely their own. The customization of their policies is meant to help you meet mortgage requirements and protect you financially in the event of a tragedy. For example, customers may customize their policies to include valuables, such as jewelry and expensive sports equipment. When looking for homeowners insurance, it’s important to analyze what your needs are. From there, agents will guide you to the best value for your money.
- These agents are a local business partner to their clients in the Lexington, KY, area
- They advocate locally and support the local community in which they serve
- Although they have a Lexington location, they extend services to Kentucky residents from border to border, making them the right option for many residents throughout
- The business is not as established as other insurance agencies in the area
Erie Insurance of Pikeville, KY
Located in Pikeville, KY, and a few neighboring areas, Erie Insurance is available for homeowners who are looking to find cheap home insurance in Kentucky. What the company refers to as “the ERIE Difference” is what makes this organization noteworthy. Erie Insurance focuses on providing impeccable and trustworthy customer service. In fact, the organization always keeps four basic principles top of mind: honesty, decency, service, and affordability. Since its inception, Erie Insurance has prided itself on providing high-quality coverage. Once a grassroots concept, Erie Insurance now has approximately 5 million policies in place.
Homeowners prefer Erie Insurance for coverage that is affordable and will give them at least the minimum coverage they need to maintain their mortgage on their home. Their insurance policies' flexibility indicates that customers can adjust home insurance policies later, as Kentucky customers decide to increase or decrease their coverage as needed. Erie policies begin with basic coverage that you can build on to create a customized policy tailored to your particular needs.
Customers can choose between various customization options to add to their policies. Some of the options include coverage for water backup and sump overflow, personal liability, identity recovery, and service line protection. Erie Insurance provides coverage that you might not find anywhere else, including the coverage of living expenses. When you have to leave your home while it is being repaired, Erie Insurance offers coverage for those living costs. Furthermore, you can also receive personal liability protection anywhere in the world, not just your home.
Additionally, with its comprehensive online presence, policyholders can easily connect with Erie Insurance to make payments, start claims, find repair shops, and visit the support center. Furthermore, if you’re considering selecting Erie Insurance for auto insurance, you can start by getting a quote online. When you’re ready, get to know a local agent that lives in the same community as you and understands your needs.
- These agents have access to a number of insurance carriers at the state and national levels
- They offer online quotes and bill pay for customer convenience
- They are not exclusive to Kentucky, a factor that some customers look for in an insurance provider as a way to establish that connection and build local relationships
Family Select Insurance
Located in Louisville, KY, Family Select Insurance is available for Kentucky residents who are looking for home insurance quickly. With their competitive rates, these insurance agents will shop for insurance policies for you, helping you find the most affordable policy option and get you covered. They are also able to work remotely to assist customers who may not be comfortable coming into the office and can be reached online or by telephone. With over 100 reviews on Google and a 4.7 rating, this Louisville insurance company has an outstanding reputation. Among other comments, reviewers praised the fact that Family Select helped them find lower prices on auto insurance, all in a matter of minutes.
By being an independent insurance provider, Family Select Insurance sets themselves apart from other big name insurance providers, such as Allstate and State Farm. As a result, this independence is what allows Family Select Insurance to offer a “comprehensive suite of insurance solutions.” With over 100 reviews on Google and a 4.7 rating, this Louisville insurance company has an outstanding reputation. Among other comments, reviewers praised the fact that Family Select helped them find lower prices on auto insurance, all in a matter of minutes.
At Family Select Insurance, agents will help you pick the plan that best suits your needs. This insurance provider stresses the importance of knowing all of the potential risks when owning a home. By offering coverage that will protect you—and those around you—Family Select Insurance will give you the comfort and security you need to live peacefully. Additionally, Family Select Insurance offers benefits that are useful for everyday tasks. For example, policyholders can also access the client portal. Here, you have 24/7 access to make online payments, review your policy, make requests to change your policy, report claims, and provide feedback. Additionally, you can request a new auto ID card. If you’re interested in starting a policy with Family Select Insurance, you can request a quote online or by phone.
- They provide their customers with many insurance options to choose from in home insurance
- They offer numerous other insurance policies that can be bundled to reduce the cost of home insurance
- They push harder for online convenience and digital communication, which is not always a plus for some clients
Northern Kentucky Home Insurance Company
Homeowners in northern Kentucky can get first-hand protection from a company that has been in business since 1901. At Northern Kentucky Home Insurance Company, agents offer their clients access to cheap home insurance in Kentucky that get them the coverage they need. This company also understands the concept of coming together as a community to help their neighbors in the event of a structure loss or damage. Choosing the right insurance provider is a challenge, and it can also be stressful. By putting your faith in an agency like Northern Kentucky Home Insurance Company, you’re letting the agents do what they know best. With over 100 years of experience, this company knows exactly how to find the best deals and coverage for you.
For homeowners insurance, Northern Kentucky Home Insurance Company offers standard protection that all homeowners should consider, including against fire, wind, and hail. The website is slightly outdated, and there aren’t a lot of options available to get an in-depth overview of the coverage that this company offers. However, customers are still able to access the website to file claims and request quotes. Although this company doesn’t offer the bells and whistles that larger insurance providers offer, that doesn’t mean it isn’t a great option. If you’re looking for insurance that is simple yet reliable, Northern Kentucky Home Insurance Company is a good place to consider. Its simplistic approach won’t distract you with fancy jargon. Instead, it will give you straightforward coverage that will protect you from life’s disasters.
- This is one of the oldest insurance companies in the area or even the state
- They have a loyal customer base and great customer service
- Customers have limited online access to their website
- They also don't provide a client portal for customers outside the immediate area
Family owned and operated, Rollins Insurance consists of Kentucky homeowners who know first-hand what is needed in Kentucky. Whether you own your home outright or are carrying a mortgage or lien, these agents consider your budget and look to find you the most affordable options on the market. As an independent agency, Rollins Insurance prides itself in helping customers find new insurance providers that give them the best amount of coverage for the right price. Many Rollins Insurance customers love that this family-owned business is dedicated to its customers and community. If you’re looking for a small, close-knit agency that works with affordable and reliable insurance providers, then you should consider Rollins Insurance.
If you’re looking for homeowners insurance, Rollins Insurance can help you look at the best offerings. Whether you live in a single family home or a condo, an independent agent will help you find the best deals. Additionally, you can also get coverage for boats, as well as jewelry and collectibles. To get started, you can easily access the Rollins Insurance website to learn more about homeowners insurance and get a free quote.
On the website, you can also visit the Rollins Insurance blog. This blog provides articles about insurance that share tips, news, and trends. This blog is a great resource if you are new to insurance and need extra help understanding what you’re getting into. Not only do the articles provide explanations on what insurance is, but they also give you tips on how you can minimize the risk of making a claim. In the long run, this can save you money.
- Family-owned and operatedThe company’s roots are founded in Kentucky
- Available for Kentucky homeowners across the state
- They only offer a handful of insurance options compared to other agencies
Lincoln Insurance Agency
Marketed as “Where Insurance Makes Sense,” Lincoln Insurance Agency helps customers truly understand their policies. With an expert team of insurance agents, the Lincoln Insurance Agency has various insurance providers available to help customers cut their costs on homeowner insurance. The providers that Lincoln Insurance Agency works with, such as AAA, Progressive, and MetLife, also provide discounts to active military members and reduce their insurance costs to keep their home insurance affordable in the state of Kentucky.
One feature that makes Lincoln Insurance Agency stand out is its weekend availability. Some insurance providers close their doors on the weekends, which makes it impossible for you to get customer service on those days. However, Lincoln Insurance Agency provides several ways for customers to get in contact during the weekend, whether it be to make a payment or to chat with an agent.
When you work with Lincoln Insurance Agency, you work with independent agents who will get you the best deals on homeowners insurance available, all while keeping your best interest and priorities in mind. If you need to learn more about insurance before contacting an agent, the Lincoln Insurance Agency website provides ample information on the basics, including why homeowners insurance is important, as well as what you should consider before signing a policy with an insurance provider.
More importantly, the agents at this agency will help you differentiate between insurance providers. When it comes to insurance, all of the jargo can sound the same, and it can become difficult to know which provider is really giving you a good deal. With the help of an agent, you can find the insurance provider that provides you the best value for your money. Additionally, Lincoln Insurance Agency assists Kentucky homeowners with policies for multiple homes, whether they are used as dual residences or used as rental properties.
- You can easily request a quote online
- You can choose to bundle your home insurance with other policies
- They work with over 14 different insurance providers
- Most of the providers are national insurance options
Independent Agents of Kentucky
If you are looking for an agency that specializes in bundling your insurance policies and helping you find cheap home insurance in Kentucky, then Independent Agents of Kentucky is a solid choice. This agency strives to find you the best policy available to fit your financial and insurance needs. It was founded in 1958, and the current staff has over 100 years of industry experience, making them the insurance leaders in their community. With Independent Agents of Kentucky, you are not just another customer. Part of their superb customer service is getting to know you and your needs. Because they are not tied to a specific insurance provider, they will genuinely help you find coverage that meets your requirements and budget.
To help with the process, Independent Agents of Kentucky work with a number of local and national insurance providers, such as Progressive, MetLife, Erie Insurance, and State Auto. Additionally, if you’re already a customer with one of the companies Independent Agents of Kentucky works with, you can also provide your account information to manage your account. Independent Agents of Kentucky does a great job of stressing the importance of not only protecting your home, but also protecting the valuable items that you keep inside of your home. As a customer, you can expect a full breakdown of what’s important, what you need, and what you don’t need.
The website for Independent Agents of Kentucky makes getting started quick and easy. Not only is there a blog where you can read about insurance-related news and tips, but you can also get a free quote and fill out a service request form. This agency takes pride in being local community members that want to make a difference in people’s lives. The agents are experts in hunting the best deals. If you’re new to finding insurance and are not sure where to get started, Independent Agents of Kentucky is a great place to start.
- Offers numerous insurance provider options
- Friendly, online access for clients across the state
- It’s larger than most agencies, so the personal connection could be sacrificed
Ingram Insurance Company
Located in Bowling Green, KY, Ingram Insurance Company prides itself on assisting eastern Kentucky homeowners in southern Kentucky and the Cumberland Plateau with finding cheap home insurance. Not only is Ingram insurance Company affordable, but its service also speaks for itself. Customers return year after year to keep their insurance policies with this company. Its superb customer service attracts new customers who want to receive attention and help. These agents strive to go the extra mile for their customers, offering them a variety of insurance options when it comes to home insurance. They also offer other policies to help with bundling and meeting all of their customers’ needs.
At Ingram Insurance Company, homeowners insurance covers the basics. WIth your policy that is customized to fit your needs, you can receive protection from fire, hail, vandalism, theft, and even riots and civil commotion. Furthermore, Ingram Insurance Company also offers coverage for living expenses when you have to temporarily leave your house during reconstruction or repairs. With this feature, you can receive coverage for hotel bills, restaurant meals, and more. Additionally, there are three options of coverage for your home: actual cash value, replacement cost, and guaranteed or extended replacement cost.
When considering homeowners insurance, it’s true that it is important to cover potential structural damages to the home. However, you should also consider protecting what you have inside your home. If you are a person who keeps many valuables in your home, such as jewelry, paintings, watches, and other luxury items, you should consider getting coverage for your personal belongings. Ingram Insurance Company offers this type of coverage both in your home and anywhere in the world. This means that if you travel with expensive sports equipment or valuable items, you can receive off-premises coverage—but only if you opt for it. Additionally, if you want to insure these items for their true value, Ingram Insurance Company allows you to purchase a personal property endorsement. Overall, Ingram Insurance Company offers Kentucky residents dependable home insurance that customers can customize to their needs.
- Available for the local community in Bowling Green, KY
- Their social media presence keeps customers updated and houses reviews from clients
- This agency is newer than other agencies in the area
Bill McCoy Insurance Agency
Well known across Frankfurt, Kentucky and other surrounding areas, Bill McCoy Insurance Agency is one of the most affordable home insurance agencies for Kentucky residents in the state's northern quadrant. Bill McCoy Insurance Agency understands that while there are mortgage requirements for their clients, having an affordable policy is what keeps their customers secure and returning. Here, agents will work with their clients to address their personal home insurance goals and find the most affordable options for homeowners insurance.
For 45 years, Bill McCoy Insurance Agency has been providing home insurance with good coverage. The Bill McCoy Insurance Agency website is full of information that is helpful for first-time home insurance buyers. By going into detail about why home insurance is important, as well as things to consider before meeting with an agent, customers can gain trust in the expertise and professionalism that Bill McCoy Insurance Agency has. Before meeting with an agent about homeowners insurance, Bill McCoy Insurance Agency recommends considering various factors, including how much it will cost to rebuild or repair your house, as well as what kinds of discounts you want to receive from your insurance provider. Thinking about these factors before meeting with the agent can help speed the process along.
With Bill McCoy Insurance Agency, agents call homeowners insurance policy a “package policy.” This means that the policy covers both your property and legal responsibility. What’s great about working with independent agents, like those of Bill McCoy Insurance Agency, is that you can be sure that they are keeping your best interest in mind. Independent agents do not represent one specific insurance provider. However, they do work with both local and national insurance providers and are well-versed in their coverage, policies, discounts, and reputation.
When you meet with an independent agent, you will discuss your goals and needs, and they will determine which provider has the best coverage for you. Working with independent agents is a great place to start, especially for those who are unfamiliar with insurance. On the website, customers can see the various insurance providers that Bill McCoy Insurance Agency has a working relationship with. Some of the insurance providers include Grange Insurance, Progressive, State Auto, The Hartford, and American Modern.
The Bill McCoy Insurance Agency website is user friendly and informative. Not only can you use the website to make payments and report claims, but you can also refer a friend. Through the referral program, people can refer customers by simply filling out a form. As the reward, you can receive gift cards to Starbucks, Lowes, and more.
- It’s available for Kentucky residents outside of Frankfurt and rural areas where insurance options are limited
- These agents build a policy around your needs and work to get you the most affordable option available
- No weekend hours available
Diligent Insurance Group
Located in Madisonville, Kentucky, Diligent Insurance Group is a 5-year-old company that consists of several industry experts in home insurance and other personal insurance options. As an independent insurance agency, Diligent Insurance Group works one on one with customers to determine their unique needs. From there, the agents offer you advice on which coverage and policies will work best for your circumstances. With Diligent Insurance Group, there is never a point where you are alone in the process. Although it is a young agency, Diligent Expert Group’s experience in homeowner insurance allows its agents to find the right policy for you and your coverage needs.
The agents can build policies for clients that come with local insurance companies, as well as national insurance companies if needed. When it comes to home insurance, Diligent Insurance Group understands the importance of an asset like your home. Because of this, it offers coverage that will protect you and your family from financial drain, in the case of an emergency, such as a fire. Not only does this agency offer basic coverage that includes fire, property damage, and floods, but it also includes options to cover wine collections, collectible cars, and off-premises theft. To top it off, you can also purchase umbrella coverage, which is often a lifesaver during unexpected and pricey situations.
Diligent Expert Group is a leader in its community, and you can find these agents out and about in Madisonville, working with their customers and promoting public outreach. The website offers policyholders an easily accessible client portal where customers can report claims, request policy changes, pay bills, and review their policy. Additionally, as consumers, it’s important to minimize the risk in your home as much as possible. Diligent Insurance Group offers everybody access to a blog that shares articles pertaining to insurance news and tips, including how to protect your packages during the holidays and the important things to know about patio heaters.
- Works with smaller and a couple of national insurance providers
- An easy-to-use client portal online is available
- Because they serve neighboring states, they do not have as much of a local connection as others in the area
Make Sure to Compare Your Policies When Looking for Cheap Home Insurance in Kentucky
Not all insurance agencies will be the cheapest option for each Kentucky resident when it comes to homeowners insurance. The truth of the matter is that you need to compare your policy options and request a quote from several agencies to get the best policy for you and your budget. Start your search for cheap home insurance in Kentucky with this list for a good overview of your options.