Kentucky home insurance

Every figure below is sourced and dated. Estimates only — not quotes, and not offers of coverage.

Home insurance premium estimator

What homeowners insurance costs in your state, and whether what you pay is out of line.

Is your dwelling coverage actually enough to rebuild — and what a shortfall costs at claim time.

What a higher deductible really saves, how long it takes to pay off, and what a storm deductible actually costs.

Did your renewal go up more than premiums did across your state — and what to do about it.

All six limits on your policy against what the standard form and regulators say to expect — including the liability limit nobody looks at.

Average premium: $3,950/ yr; At $300,000 of dwelling coverage.
Standard deductible: $1,000; Applies to everyday claims.
Storm deductible — separate, and much larger: $3,000(1% of coverage); What you would pay out of pocket on $300,000 of coverage before a storm claim pays anything — not the $1,000 above.
Insurer of last resort: Kentucky FAIR Plan Reinsurance Association; Kentucky's insurer of last resort, continuously in operation since 1968. A non-profit residual market mechanism that makes basic property coverage available to applicants who, through a licensed producer, have exhausted the voluntary market and cannot obtain coverage there, with costs and losses distributed across the member insurers. It writes Dwelling Fire, Homeowner, Commercial Property and Farm policies. Applications must be submitted by a licensed producer and are subject to the Plan's own underwriting, so acceptance is not automatic. As with any FAIR plan, coverage is narrower and generally more expensive than a voluntary-market homeowners policy - it is a backstop, not a shopping option.