Best Homeowners Insurance In Kentucky 2024

Offering 11 home insurance discounts, Allstate surpasses the industry average of seven. From my review, a number of these discounts are uniquely advantageous.

The discounts offered by Allstate are as follows:

• Claims Forgiveness: Extra protection to prevent premium increases after you file a claim.
• Responsible Payment: Qualify for more savings by maintaining a strong payment history.
• Deductible Reward: Signing up earns you $100 off your deductible immediately.
• Automatic Payment: Opt for automatic payments and get 5% off your insurance.
• Loyalty: Save as much as 10% for renewing your Allstate insurance policy.
• Claims-Free: Earn 5% off your renewal if you go the entire year without filing a claim.
• Home Buyer: If you’ve recently bought a house, you qualify for a special discount.
• New Home: Receive savings on insurance for covering a brand-new house.
• Early Payment: You can receive up to a 10% discount for purchasing your next policy at least a week before your current one expires.
• Bundle: Maximize your savings with up to 25% off when you bundle home and auto insurance.
• Protective Device: Installing fire alarms or security systems can get you a discount on your insurance.

State Farm earned our top ranking for its extensive agent network in Kentucky, high customer satisfaction, and reasonable premiums. Its high J.D. Power service ratings are particularly important, given the strong presence of agents, adjusters, and offices across Kentucky, especially after severe storms such as tornadoes.

Farmers earns top marks for both the perks it offers and its impressive “online experience,” where these perks and discounts are clearly communicated to both existing and potential customers. The perks include:

• Guaranteed Replacement Cost: Farmers ensures they will cover the total cost to rebuild your home, regardless of the price.
• Claim Forgiveness: With five years of no claims, Farmers will not raise your premiums after filing a claim.
• Multi-Policy Savings: Combine your home insurance with other Farmers policies and enjoy savings of up to 34%.
• Declining Deductible: With each year your policy is active, you gain $50 toward reducing your deductible.
• Claim-Free Discount: After three years of no claims, you can enjoy a discount on your home insurance policy.

The 9.3/10 score given to Farmers considers its lower J.D. Power customer satisfaction ratings in policyholder service.

Nationwide has an A+ (Superior) financial strength rating from AM Best, but its customer satisfaction is poor, according to a range of negative reviews online. On the other hand, it has a substantial local presence in Kentucky with many agents and offices.

Homeowners benefit from uncommon coverage with Nationwide’s standard policy, including protection from credit card fraud and ordinance or law coverage for rebuilding to meet updated code standards, which most insurers don’t provide.

If you’re looking to enhance your coverage, you can add Better Roof Replacement, which covers the cost of upgraded roofing materials in case your roof needs replacement after a covered incident.

Brand New Belongings ensures your items are covered at replacement cost. Nationwide will reimburse you for their depreciated value, and after replacing the items, you can recover the difference by sending in the receipts.

In Kentucky, Chubb is known for offering affordable home insurance rates tailored to high-value properties. Alongside competitive premiums, they provide extended replacement cost coverage, ensuring your belongings are repaired or replaced even if they’ve depreciated. Chubb also has a strong reputation for its financial stability and excellent customer service.