Best renters insurance companies in Kentucky

State Farm, Auto-Owners and Allstate are our best renters insurance companies in Kentucky.

Comparing quotes from multiple insurance carriers is one way to ensure you will get your money's worth. There can be big differences in price between different renters insurance providers, so it pays to shop around. Ensure you buy from a company offering affordable renters insurance and consistent customer service.

To simplify your task, we have compared the carriers for Kentucky residents based on their average rates and third-party ratings. Among the carriers surveyed, State Farm is the best renters insurance company in Kentucky. It earned a score of 5 and has an average renters insurance rate of $190.

In addition to rates, we also got scores and rating from sources like the National Association of Insurance Commissioners (NAIC) and AM Best for major insurers in Kentucky. Below is our list of best renters insurance companies in Kentucky based on that analysis, with our score out of five.

CompanyAverage annual premiumAM BestNAICInsurance.com rating
State Farm$190A++0.955.00
Auto-Owners$201A++0.334.99
Allstate$233A+0.904.51
Nationwide$306A+0.873.80
Kentucky Farm Bureau$318A0.543.66
Progressive$205A+8.453.62
Data updated in 2024
Read our full methodology

Cheapest renters insurance in Kentucky

State Farm is the cheapest renters insurance company in Kentucky based on our rate analysis with an average annual premium of $190.

Renters insurance prices can vary drastically between companies. That's why it is important to compare rates and see which company offers the best deal to get coverage at an affordable price.

Below are the cheapest renters insurance companies in Kentucky and their average annual premiums.

Company nameAverage annual premium
State Farm$190
Auto-Owners$201
Progressive$205
Allstate$233
Nationwide$306
Kentucky Farm Bureau$318
USAA$108
Data updated in 2024
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How much is renters insurance in Kentucky

The average cost of renters insurance in Kentucky is $193 a year, and the average monthly cost is $16. That's for a policy with personal property coverage of $40,000, liability coverage of $100,000, and a deductible of $1,000.

What you pay for renters insurance may differ from your neighbors because it depends on factors specific to each person: the property you want to insure, extra coverage options you add, and the deductible amount you choose.

"The number one thing that's most important is to get good liability. A renter's policy will default to $100,000 liability," Josiah Hatch, an insurance pro with Bender Hatch Insurance in Boston, said. "It costs next to nothing to go from $100,000 to $500,000. I want to say it's probably 10 bucks a year. It's really cheap to get a lot of extra coverage. I always recommend getting the most liability you can because that's, at its core, what insurance is all about: the worst-case scenario."

Average annual premiumAverage monthly premium
$193$16
Data updated in 2024
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Kentucky renters insurance: The most expensive ZIP codes

Where you live in Kentucky affects how much you pay for renters insurance. The most expensive ZIP code in Kentucky for renters insurance is 40215, where the average annual rate is $203 which is $10 more than the state average insurance premium.

The following table lists the most expensive ZIP codes in Kentucky for renters insurance.

ZIP codeAverage annual rate
40215$203
42064$202
42458$199
40245$197
42166$194
41044$186
41054$185
40514$184
41092$183
41014$180
Data updated in 2024
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Kentucky renters insurance: The least expensive ZIP codes

Based on a rate analysis by Insurance.com, the least expensive ZIP code for renters insurance in Kentucky is 41001, and its average annual rate is $178.

Below, you'll find the least expensive ZIP codes for renters insurance, along with their average annual rates.

ZIP codeAverage annual rate
41001$178
41007$179
41011$180
41092$183
40503$184
40504$185
41002$186
40376$187
42633$195
42022$197
Data updated in 2024
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Compare renters insurance rates by city in Kentucky

Renters insurance rates vary significantly across cities, influenced by various factors, including weather patterns, crime rates, and property values. You must consider these factors and compare quotes from different insurers to get the best deal on renters insurance for your specific city in Kentucky.

CityAnnual insurance premium
Bowling Green
$190
Covington
$179
Elizabethtown
$192
Florence
$179
Georgetown
$188
Jeffersontown
$197
Jeffersonville
$190
Lexington
$185
Louisville
$201
Nicholasville
$190
Owensboro
$196
Richmond
$189
Data updated in 2024
Read our full methodology

Insurance.com compared renters insurance rates provided by Quadrant Data Solutions for $40,000 personal property coverage with a $1,000 deductible and $100,000 liability coverage for all available ZIP codes based on a renter with good credit. To rank the best insurance companies, we gathered AM Best financial stability ratings, where an A++ is the best possible score, and National Association of Insurance Commissioners (NAIC) which provides the best practices for the U.S. insurance industry. These factors were used along with rates to find the best companies overall.

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