Who Has The Cheapest Renters Insurance Quotes in Kentucky?

With a population of more than 4.4 million, there are plenty of renters in Kentucky, so we conducted a study to see which ones have the best renters insurance rates. We evaluated quotes for a sample property (a rental property with roughly 1,000 square feet of living space and $100,000 in liability coverage). The results showed that the most expensive renters insurance rates were 36% higher than the cheapest. Since we used one sample property, the rates have comparative value, but are not indicative of what all tenants can expect to pay for their renters insurance. Read more below, or enter your zip code to begin getting quotes from a list of renters insurance companies.

Cheapest Renters Insurance in Kentucky

To find the cheapest renters insurance in Kentucky, we studied quotes for a renters insurance policy for a 1,000 square-foot residence and found that State Farm ranked the cheapest. For our sample renters policy, State Farm had an annual rate of $237, which is 22% cheaper than the average annual rate. Here are the annual rates for five major companies, ranked from most affordable to least affordable: 

RankCheapest Renters Insurance CompanyAverage Annual Rates
1 State Farm $237
2 Nationwide 256
3 Amica 279
4 Allstate 286
5 Liberty Mutual 455
Average 303

These rates were for a sample property. We recommend that you find quotes from various companies and compare them to find the best rate for yourself.

Best Renters Insurance Rates in Kentucky: by City

The five cheapest places for renters insurance in Kentucky are located throughout the state, although a few are in the northern triangle near Cincinnati, Ohio. In addition to their location in the state, the populations and local economies also differ from one another. The place with the best renters insurance premiums in the state is Williamstown, where rates are 12.1% lower than the rest of the state.

RankCitiesAverage Annual Rate% Difference vs State Average
1 Williamstown $265 -12.1%
2 Brooksville 269 -10.9%
3 Falmouth 276 -8.7%
4 Pikeville 276 -8.6%
5 Bowling Green 279 -7.5%

*The Average Annual Rate is rounded to the nearest whole dollar amount.

Williamstown, KY

The small city of fewer than 4,000 residents is not far from both Cincinnati, Ohio and Lexington. It’s a quiet community but will likely draw many tourists when Ark Encounter is completed in July of 2016 - a life-size recreation of Noah’s Ark described in the Bible. Once completed, it will be the largest timber-framed structure in the U.S. WIlliamstown also has the best renters insurance rates in Kentucky, with premiums that are 12.1% lower than the state average.

Brooksville, KY

Also located in northern Kentucky, Brooksville is a city of about 650 residents and has been for more than 40 years. It’s the county seat of Bracken County, Kentucky and was founded by William and Joel Woodward before 1800 and originally named Woodward's Crossroads. Brooksville has cheap renters insurance too - quotes for the sample property were 10.9% lower than the state average.

Falmouth, KY

John Waller first settled Falmouth, Kentucky in the late 18th century. Today, the city of about 2,100 residents who hosts of of the state’s largest annual events - the Kentucky Wool Festival. Despite a disastrous tornado and two severe floods in its history, renters insurance rates are some of the cheapest in the state. Premiums are 8.7% lower than the state average.

Pikeville, KY

The city of Pikeville was chartered in 1893 by the State of Kentucky. It was a town known as Pike or Piketon prior to then. The city was often flooded by the river Sandy before the completion of some ambitious engineering efforts in 1987 at the east of the Mississippi River. Pikeville’s renters insurance premiums were 8.6% lower than the state average.

Bowling Green, KY

Bowling Green is a thriving town of more than 60,000 residents in south-central Kentucky. Since 1981, the city has been home to Chevrolet Corvette manufacturing plant and the nearby Corvette Museum. Every year the city also hosts a National Corvette Homecoming that includes a parade and opportunity for owners to show their classic muscle cars. Bowling Green’s renters insurance rates are 7.5% lower than the Kentucky state average. 

Most Expensive Renters Insurance in Kentucky

The five municipalities and census designated places with the most expensive renters insurance tend to be toward the southwest of Kentucky. The place with the most expensive renters insurance rates is Whitesburg, where premiums are 19.4% higher than the state average. None of the five most expensive places are large cities, which commonly appear in the top five of other states.

RankCitiesAverage Annual Rate% Difference vs State Average
1 Whitesburg $361 19.4%
2 Brandenburg 354 17.1%
3 Salyersville 350 15.8%
4 Albany 346 14.6%
5 Whitley City 339 12.1%

*The Average Annual Rate is rounded to the nearest whole dollar amount. 

Whitesburg, KY

The city of fewer than 2,200 residents is home to Appalshop, a multi-disciplinary arts and education center that includes films, video, theater, music, radio and photography. The town also has its own newspaper, The Mountain Eagle, which was founded in 1907 and has won numerous awards. The town also is known for its ubiquitous cut stone and opportunities for outdoor activities. It has the most expensive renters insurance rates in Kentucky, which are 19.4% higher than the state average. 

Brandenburg, KY

Located on the Ohio River across from the Indiana border, the city’s historic downtown is nestled between two cliffs. Brandenburg, along with the original home its founder General John Hun Morgan lived in, was almost completely destroyed after a 1974 tornado, but was rebuilt, restored and includes a shopping center and industrial park. Renters insurance premiums are 17.1% higher in Brandenburg than the state average. 

Salyersville, KY

This western Kentucky city has fewer than 2,000 residents. It also is located in one of the poorest counties in the nation but has a lot to offer. Downtown there are several monuments and a pioneer village with 15 log cabins - a living history museum that attract tourists. Every year the city celebrates Founder’s Day and Street Dance, a public square dance downtown. Renters insurance quotes for Salyersville were 15.8% higher than the KY mean. 

Albany, KY

Albany is a farming community near the south-central border of Kentucky. It’s known for vast fields of tobacco, corn and other crops as well as surrounding lakes enjoyed by those in the area. Albany is in Clinton County which hosts a great county fair with numerous activities and competitions including a baseball toss, horseshoes, an animal pull and a pageant. Renters insurance premiums in Albany are 14.6% higher than the state average.      

Whitley City, KY

Contrary to its name, Whitley City is a census designated place in Kentucky with a population of under 1,200 people. Even though it is not a city, it is the county seat of McCreary County and one of only two non-city seats in the state of Kentucky. Renters insurance rates in Whitley City are 12.1% higher than the state average.

Average Cost of Renters Insurance in Kentucky: by City

Our comparative study of renters insurance premiums in Kentucky was done by gathering and analyzing quotes from five major carriers across 95 municipalities and census designated places in the state. The analysis showed premiums from the most expensive place were 36% higher than the cheapest place in the state. That difference between the cheapest and the most expensive premiums is significant, the difference between the premiums in some others states is much more drastic. For example, while the most expensive city in Delaware is only 7% more expensive than the cheapest, the difference between places in the state of Texas is 74%. In California, the rates in the most expensive place are more than 2x the rates in the cheapest.

Study Methodology

Our study examined renters insurance quotes for a 1,000-square-foot residence with at least $25,000 in personal property coverage and $100,000 in liability coverage. We then collected quotes for that sample residence from five of the major carriers that offer a renters insurance product in the state of Kentucky. We averaged rates for the sample home in each city as a benchmark to show which cities are relatively cheaper or more expensive. Those comparative values are not indicative of what tenants can expect to pay for an annual renters insurance premium. Below are all the municipalities and censis designated places included in the study listed alphabetically.

RankCitiesAverage Annual Rate% Difference vs State Average
92 Albany $346 14.6%
42 Ashland 300 -0.8%
88 Barbourville 328 8.7%
6 Bardstown 281 -7.1%
81 Bedford 310 2.6%
58 Benton 303 0.3%
5 Bowling Green 279 -7.5%
94 Brandenburg 354 17.1%
2 Brooksville 269 -10.9%
8 Burkesville 283 -6.3%
39 Cadiz 298 -1.2%
90 Calhoun 338 11.8%
53 Calvert City 301 -0.2%
74 Campbellsville 309 2.2%
18 Clay City 293 -2.9%
78 Columbia 309 2.3%
7 Corbin 283 -6.4%
46 Covington 300 -0.6%
15 Cynthiana 292 -3.2%
57 Danville 303 0.2%
83 Dawson Springs 311 3.0%
82 Eddyville 310 2.7%
89 Elizabethtown 334 10.4%
59 Eminence 303 0.4%
3 Falmouth 276 -8.7%
23 Frankfort 294 -2.5%
40 Franklin 299 -1.0%
10 Georgetown 289 -4.5%
19 Glasgow 293 -2.9%
68 Grayson 306 1.4%
75 Greensburg 309 2.2%
45 Harlan 300 -0.6%
47 Harrodsburg 300 -0.5%
84 Hartford 311 3.0%
61 Hawesville 304 0.7%
16 Hazard 293 -3.1%
73 Henderson 309 2.2%
26 Hindman 295 -2.5%
72 Hodgenville 308 2.1%
87 Hopkinsville 317 5.1%
65 Horse Cave 305 1.0%
67 Irvine 306 1.3%
31 Jackson 296 -2.0%
70 Jamestown 307 1.6%
38 La Center 298 -1.3%
71 Lagrange 307 1.6%
50 Lancaster 301 -0.3%
80 Lawrenceburg 310 2.5%
79 Lebanon 309 2.5%
43 Leitchfield 300 -0.7%
12 Lexington 291 -3.6%
56 Liberty 302 0.1%
34 London 297 -1.6%
33 Louisa 297 -1.6%
86 Louisville 317 5.0%
76 Madisonville 309 2.2%
17 Marion 293 -3.0%
14 Maysville 292 -3.2%
9 Middlesborough 285 -5.7%
20 Monticello 293 -2.8%
11 Morehead 291 -3.7%
36 Morganfield 298 -1.4%
44 Mt Sterling 300 -0.7%
69 Murray 307 1.5%
25 Nicholasville 295 -2.5%
62 Owensboro 304 0.8%
52 Owenton 301 -0.3%
60 Paducah 303 0.5%
28 Paintsville 295 -2.4%
4 Pikeville 276 -8.6%
30 Prestonsburg 295 -2.3%
66 Princeton 305 1.0%
51 Providence 301 -0.3%
48 Richmond 300 -0.5%
77 Russell Springs 309 2.3%
35 Russellville 297 -1.5%
93 Salyersville 350 15.8%
29 Scottsville 295 -2.3%
55 Sebree 302 0.1%
13 Shelbyville 291 -3.5%
27 Shepherdsville 295 -2.4%
37 Smithland 298 -1.4%
24 Somerset 294 -2.5%
54 Springfield 302 0.1%
63 Stanford 305 0.9%
85 Sturgis 317 5.0%
41 Taylorsville 299 -0.8%
22 Tompkinsville 294 -2.6%
32 Vanceburg 296 -1.9%
64 Versailles 305 0.9%
21 Warsaw 294 -2.7%
95 Whitesburg 361 19.4%
91 Whitley City 339 12.1%
1 Williamstown 265 -12.1%
49 Winchester 300 -0.5%

*The Average Annual Rate is rounded to the nearest whole dollar amount.

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