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Best Cheapest Home Insurance Companies in Coalmont,Tennessee

When it comes to securing reliable and cost-effective Home Insurance in Coalmont Tennessee, CheapInsuranced.com stands out as your go-to destination. We understand the importance of finding coverage that not only meets your specific needs but also fits your budget seamlessly. Our platform is dedicated to providing Coalmont residents with a hassle-free experience, allowing you to compare and choose from a variety of cheap and affordable Home Insurance options.

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  • Best homeowners insurance companies in Kentucky for 2024

  • Ashlyn Brooks is a finance writer with more than half a decade of experience, known for her knowledge in areas such as taxes, insurance, investing, retirement, finance news, and banking products.

  • Lisa McArdle is an insurance editor who joined the Bankrate team in 2023. She has more than 15 years of experience writing, editing and managing content in a variety of industries, including insurance, auto news and pop culture.

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  • Lisa McArdle is an insurance editor who joined the Bankrate team in 2023. She has more than 15 years of experience writing, editing and managing content in a variety of industries, including insurance, auto news and pop culture.

  • Thomas is a well-rounded financial professional, with over 20 years of experience in investments, corporate finance, and accounting. His investment experience includes oversight of a $4 billion portfolio for an insurance group. Varied finance and accounting work includes the preparation of financial statements and budgets, the development of multiyear financial forecasts, credit analyses, and the evaluation of capital budgeting proposals.

  • In a consulting capacity, he has assisted individuals and businesses of all sizes with accounting, financial planning and investing matters; lent his financial expertise to a few well-known websites; and tutored students via a few virtual forums.

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  • The Bankrate insurance editorial team, which is composed of licensed insurance agents, has vast industry knowledge. We know that, for many, the average Kentucky homeowners insurance rate is higher than in other parts of the country. We also know that you may not want to sacrifice excellent customer service or coverage options just to get the cheapest rate. To help you, we've analyzed some of the largest Kentucky homeowners insurance companies by market share.

  • According to our findings, Kentuckians pay nearly 42 percent more for their homeowners insurance compared to the national average, likely due to Kentucky’s severe weather prevalence. However, there may be good news for those living in Foster or Flatwoods because they pay some of the cheapest average homeowners insurance rates in the state. On the other hand, homeowners in Dwale and Magnolia might pay some of the highest rates.

  • When considering home insurance in Kentucky, it can be helpful to explore various aspects to make an informed decision.

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  • Compare the best home insurance companies in Kentucky

  • To begin your search for the best Kentucky homeowners insurance, you may want to decide what features you want in a company. Are you looking for the lowest price, certain coverage types, an in-person agent or policy features like a user-friendly mobile app? Many insurance experts recommend narrowing down what your priorities are before comparing quotes from various providers.

  • According to data provided by Quadrant Information Services, the average annual premium for homeowners insurance in Kentucky is $2,603. Using this information as a baseline, Bankrate looked to other metrics such as Bankrate Scores, J.D. Power’s 2023 U.S. Home Insurance Study and financial strength ratings from AM Best to find the best home insurance companies in the state. Based on our findings, you may want to check out Auto-Owners, Nationwide, State Farm, Travelers and Encompass.

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  • Bankrate's trusted insurance industry expertise

  • The home insurance market can be complicated, but Bankrate's insurance editorial team used our unique perspective to bring readers information they need to make educated decisions when shopping for home insurance.

  • 46

  • years of industry expertise

  • 122

  • carriers reviewed

  • 34.5K

  • ZIP codes examined

  • 1.2M

  • quotes analyzed

  • The top 5 home insurance companies in Kentucky

  • Best for low average rates

  • 4.6

  • 4.6

  • Avg. premium for $300K dwelling

  • $166/mo

  • Avg. premium for $300K dwelling

  • $1,997/yr

  • Customer satisfaction

  • 834/1,000

  • Why Auto-Owners made our list: Auto-Owners offers an average annual premium well below Kentucky’s state average and several potential savings opportunities, including a paperless discount, paid-in-full discount and water shut-off system discount. Although Auto-Owners offers some of the cheapest Kentucky home insurance rates, it doesn’t seem to skimp on customer service. Auto-Owners earned an above-average customer service score from J.D. Power in 2023, indicating that its policyholders are typically satisfied with its service.

  • Who Auto-Owners may be good for: Homeowners on a budget may be interested in Auto-Owners’ lower-than-average rates in Kentucky. Those who have paid off their mortgage may also be interested in Auto-Owners' mortgage-free discount.

  • CheckmarkPros

  • Close XCons

  • Auto-Owners Insurance is known for its customizable policies and a variety of coverage options, making it a considerable choice for homeowners.

  • Best for discounts

  • 4.3

  • 4.3

  • Avg. premium for $300K dwelling

  • Not available

  • Avg. premium for $300K dwelling

  • Not available

  • Customer satisfaction

  • 812/1,000

  • Why Nationwide made our list: Nationwide may not be the cheapest company on our list, but its rates are still far lower than the Kentucky average. You could save even more through Nationwide's long list of homeowners insurance discounts. Homeowners might save for being claims-free, having a newer roof or living in a gated community. Nationwide's SmartHome program is also available in Kentucky, which could save you almost 50 percent on a Notion home monitoring kit along with a discount on your homeowners policy.

  • Who Nationwide may be good for: If you’re looking for fairly cheap Kentucky homeowners insurance and are in the market for a home monitoring system, you may want to get a quote from Nationwide.

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  • Nationwide Insurance stands out for its comprehensive coverage options, offering both standard and unique endorsements, making it a versatile choice for homeowners.

  • Best for personalized customer service

  • 4.2

  • 4.2

  • Avg. premium for $300K dwelling

  • $165/mo

  • Avg. premium for $300K dwelling

  • $1,980/yr

  • Customer satisfaction

  • 829/1,000

  • Why State Farm made our list: If you like working with a local agent, State Farm could be a good choice. The company has agents across the state who may be more in tune with the needs of Kentucky homeowners since they live in the state themselves. State Farm also focuses on damage prevention with its Ting partnership, which provides a free electrical system monitoring device to eligible policyholders. The device monitors your home’s wiring system and may be able to alert you to potential problems that could be a fire hazard.

  • Who State Farm may be good for: Homeowners who prefer the personal touch of a local agent and don’t mind paying above-average rates may find State Farm as their company of choice.

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  • State Farm homeowners insurance offers a comprehensive range of coverage options that cater to various needs. Its policies include industry-standard coverage such as dwelling and dwelling extension, personal property and more. In addition to these, State Farm provides several valuable add-ons:

  • Best for unique coverage options

  • 4.1

  • 4.1

  • Avg. premium for $300K dwelling

  • Not available

  • Avg. premium for $300K dwelling

  • Not available

  • Customer satisfaction

  • 790/1,000

  • Why Travelers made our list: In addition to an A++ (Superior) financial strength rating from AM Best and low average rates, Travelers also offers extensive coverage options. Some of these options include water backup coverage, a personal articles floater, additional replacement cost coverage, and coverage for your jewelry and valuable items. Perhaps one of Travelers’ most unique options is its green home coverage. This endorsement may provide extra coverage for environmentally-friendly home features, as these tend to cost more than standard home improvements.

  • Who Travelers may be good for: Travelers could be a solid choice for Kentucky homeowners looking for extensive coverage options without sacrificing low average rates.

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  • Travelers home insurance is renowned for its comprehensive coverage options, catering to a variety of homeowner needs. Besides its standard policy offerings, Travelers gives the flexibility to add specialized endorsements for enhanced protection.

  • Best for pre-built coverage packages

  • 3.7

  • 3.7

  • Avg. premium for $300K dwelling

  • $214/mo

  • Avg. premium for $300K dwelling

  • $2,565/yr

  • Customer satisfaction

  • Not rated

  • Why Encompass made our list: Encompass’ unique approach to coverage packages helps it stand out as one of the best Kentucky home insurance companies. The company’s EncompassOne policy not only includes your home coverage but also your auto, along with additional homeowners endorsements. Depending on the coverage level you choose under your EncompassOne policy, you could get up to $10,000 in jewelry and fur coverage, water backup coverage, 200 percent of your home’s replacement cost and more. Additionally, policyholders covered under the EncompassOne plan only have one premium and deductible across all lines of their insurance, which could make policy management especially convenient.

  • Who Encompass may be good for: Homeowners looking to bundle their Kentucky homeowners insurance with their auto policy might find the EncompassOne plan convenient. However, you must contact an agent for a quote, which might dissuade those who prefer to handle their insurance online.

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  • Encompass Insurance offers versatile homeowners insurance packages, including unique add-ons for comprehensive property protection:

  • Additional Kentucky home insurance companies to consider

  • Cincinnati Insurance

  • Who this may be best for

  • Homeowners who want unique add-ons

  • Cincinnati Insurance, distinguished by its A+ (Superior) rating from AM Best, offers a comprehensive range of standard coverage options, including unique add-ons like identity theft and personal cyber coverage, which may cater to diverse insurance needs​​. This may make it a suitable choice for those seeking versatile coverage options, including homeowners with high-value properties who may benefit from Cincinnati's specialized policies offering higher limits and extensive coverage options​​. The company also has a low volume of consumer complaints.

  • Kentucky Farm Bureau

  • Who this may be best for

  • Homeowners who want a carrier with a local focus

  • Kentucky Farm Bureau Insurance Company has an A (Excellent) rating from A.M. Despite facing recent challenges leading to a downgrade in its Long-Term Issuer Credit Rating and a negative outlook due to elevated loss activity and inflationary pressures, Kentucky Farm Bureau's local focus and specialized services tailored to Kentucky's specific conditions make it a considerable option. Homeowners who value a company with deep roots in the state and an understanding of local risks may find it particularly appealing​​.

  • Cheapest home insurance companies in Kentucky

  • When searching for affordable home insurance in Kentucky, it's important to consider various companies that offer competitive rates. While the cost of home insurance can vary based on several factors including location, home value and coverage needs, some companies consistently offer lower premiums than others. The upcoming table will display the top five companies in Kentucky known for their cost-effective home insurance solutions.

  • These companies have been selected based on their ability to provide economical options without compromising on essential coverage. This list can serve as a starting point for homeowners in Kentucky to find the best balance between affordability and comprehensive protection for their homes.

  • How to get cheap Kentucky home insurance

  • While you’re not mandated to carry home insurance by law, your mortgage company will almost certainly require you to maintain a certain level of coverage as you pay off your home. However, even those who own their homes outright may still want to consider purchasing homeowners insurance for enhanced financial protection.

  • If you're looking for the best cheap home insurance in Kentucky, the following steps may help:

  • Compare home insurance rates

  • Answer a few questions to see personalized rates from top carriers.

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  • Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in states where it is licensed. Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way.

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  • Best home insurance discounts in Kentucky

  • Taking advantage of home insurance discounts may be a powerful tool to ensure you’re paying the most competitive rate. Although each Kentucky home insurance company dictates its own discounts, some common ones may include:

  • How to save on home insurance policy renewals in Kentucky

  • When it comes to renewing your home insurance policy in Kentucky, there are several strategies you can employ to potentially lower your premiums. These tips focus on understanding your policy, making informed choices and leveraging certain factors that might reduce costs:

  • How much is home insurance in Kentucky?

  • According to our 2024 rate data, the average annual premium for a homeowners insurance policy in Kentucky with $300,000 in dwelling coverage is $2,603. This is quite a bit higher than the national average of $2,153. Kentucky is prone to extreme weather year-round, which could lead to more expensive claims and higher rates. In any given year, Kentuckians may endure heavy snow, ice, freezing temperatures, flooding, tornadoes and even the impact of hurricanes. These types of weather events can cause extensive damage to the interior and exterior of homes.

  • When compared to nearby states, Kentucky’s average homeowners insurance premiums are still some of the most expensive. In Indiana, for instance, the yearly average rate for $300,000 in dwelling coverage is $1,647. In Tennessee, the average rate for an equivalent policy is $2,395. While weather patterns likely contribute to Kentucky’s higher-than-average premiums, homeowners insurance companies use several additional metrics to calculate their rates, including credit-based insurance scores, claims histories, the cost of labor and materials in a given area and more.

  • Kentucky homeowners insurance rates by city

  • Homeowners insurance rates in Kentucky can vary significantly depending on the city. This variation is often due to factors such as local risk profiles, including susceptibility to natural disasters, crime rates and the overall cost of living in different areas. Understanding these differences is crucial for homeowners as they navigate insurance options across Kentucky. Below, you'll find a map and a searchable data table that provides a detailed view of homeowners insurance rates by city in Kentucky. This tool can be instrumental in helping you gauge the potential cost of insurance in your specific city or one you may be considering moving to.

  • *Rates are for $300,000 in dwelling coverage

  • What does home insurance cover in Kentucky?

  • A standard HO-3 policy, commonly purchased by homeowners in Kentucky, provides a broad range of coverages. This policy typically includes coverage for the dwelling and other structures on an open perils basis, meaning it covers all perils except those explicitly excluded. Personal property coverage under an HO-3 policy, however, is on a named perils basis, covering only those risks specifically listed in the policy.

  • For Kentucky, where certain natural events and accidents are more prevalent, the following covered perils from an HO-3 policy are particularly relevant:

  • Understanding the specifics of these perils and how they apply to your policy is important for Kentucky homeowners. Each peril covers different scenarios and knowing the extent of your coverage can help in effectively planning and responding to potential losses.

  • Additional home insurance coverage types in Kentucky

  • Kentucky has had 86 federally-declared disasters since 1953, with almost half of those occurring since 2000. Since Kentucky experiences a wide range of weather-related disasters, homeowners may want to consider purchasing additional coverage. This additional coverage may be in the form of an endorsement or a standalone policy.

  • Related content:

  • Does homeowners insurance cover tornado damage? Previously Read

  • Windstorm insurance Previously Read

  • Guide to flood insurance Previously Read

  • Common Kentucky home insurance problems

  • Homeowners in Kentucky often face specific challenges when trying to secure home insurance. These issues largely stem from the state's geographic and climatic characteristics, which can affect the availability and cost of insurance coverage.

  • These challenges highlight the importance for Kentucky homeowners to thoroughly understand their insurance needs and options. Consulting with insurance professionals and conducting thorough research can help in navigating these common problems and securing appropriate coverage.

  • !

  • Kentucky homeowners are facing a substantial increase in home insurance rates. This surge is largely attributed to the state's recent spate of billion-dollar natural disasters, combined with a hike in home values and a housing shortage in areas like Louisville. Experienced insurance agent Terry Samuels underscores the impact of these factors on insurance costs and suggests proactive measures for homeowners. He advises investing in safety features and regular home maintenance as effective strategies to combat these rising insurance costs. The situation reflects the broader challenges of the Kentucky insurance market, where natural disasters and economic factors are contributing to significant fluctuations in insurance rates.

  • Frequently asked questions

  • Do I need homeowners insurance in Kentucky?

  • Homeowners insurance is not legally required in Kentucky. However, if you have a mortgage, your lender will likely require you to carry it. Either way, having homeowners insurance is widely considered by insurance experts to be an important step in ensuring you and your family are financially protected from the risk of catastrophic losses. Without it, you are responsible for paying out of pocket to repair or rebuild your home after a loss, which could be financially devastating.

  • Homeowners insurance is not legally required in Kentucky. However, if you have a mortgage, your lender will likely require you to carry it. Either way, having homeowners insurance is widely considered by insurance experts to be an important step in ensuring you and your family are financially protected from the risk of catastrophic losses. Without it, you are responsible for paying out of pocket to repair or rebuild your home after a loss, which could be financially devastating.

  • What is the best homeowners insurance in Kentucky?

  • No single insurance company in Kentucky is the best choice for everyone. Every company may offer different coverage types, discounts and rates, and each homeowner’s situation is unique. Most insurance experts agree that it is important to shop around to find the provider that could offer you a policy that best fits your needs at a cost you can afford.

  • No single insurance company in Kentucky is the best choice for everyone. Every company may offer different coverage types, discounts and rates, and each homeowner’s situation is unique. Most insurance experts agree that it is important to shop around to find the provider that could offer you a policy that best fits your needs at a cost you can afford.

  • What is the cheapest homeowners insurance company in Kentucky?

  • Your homeowners insurance rates depend on several factors, and while not an exhaustive list, your home's value, location, claims history and coverage package may all significantly impact your rate. That said, the cheapest homeowners insurance in Kentucky will vary from person to person. However, according to our extensive research, you may want to start your search with Auto-Owners or Travelers.

  • Your homeowners insurance rates depend on several factors, and while not an exhaustive list, your home's value, location, claims history and coverage package may all significantly impact your rate. That said, the cheapest homeowners insurance in Kentucky will vary from person to person. However, according to our extensive research, you may want to start your search with Auto-Owners or Travelers.

  • Instead of a standard homeowners policy, you will need mobile home insurance if you live in a mobile home and want your property covered. However, you may be surprised to learn that a mobile home policy, or manufactured home insurance policy, may be more expensive than a standard homeowners insurance policy. This higher rate reflects the increased risk caused by a mobile home’s difficulty in withstanding natural disasters. Even so, mobile home coverage may be essential in providing financial protection against a considerable out-of-pocket expense in the event of a covered peril.

  • Instead of a standard homeowners policy, you will need mobile home insurance if you live in a mobile home and want your property covered. However, you may be surprised to learn that a mobile home policy, or manufactured home insurance policy, may be more expensive than a standard homeowners insurance policy. This higher rate reflects the increased risk caused by a mobile home’s difficulty in withstanding natural disasters. Even so, mobile home coverage may be essential in providing financial protection against a considerable out-of-pocket expense in the event of a covered peril.

  • The average cost of home insurance per month in Kentucky is $217. However, your premium may vary based on your individual circumstances and how much insurance you need. Insurers may use numerous rating factors to determine your premium, including replacement cost of your home, as well as your credit-based insurance score, claims history, the deductible you choose and proximity to a local fire station and fire hydrants.

  • The average cost of home insurance per month in Kentucky is $217. However, your premium may vary based on your individual circumstances and how much insurance you need. Insurers may use numerous rating factors to determine your premium, including replacement cost of your home, as well as your credit-based insurance score, claims history, the deductible you choose and proximity to a local fire station and fire hydrants.

  • Methodology

  • Bankrate utilizes Quadrant Information Services to analyze May 2024 rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Quoted rates are based on married male and female homeowners with a clean claim history, good credit and the following coverage limits:

  • The homeowners also have a $1,000 deductible, a $500 hail deductible and a 2 percent hurricane deductible (or the next closest deductible amounts that are available) where separate deductibles apply. 

  • These are sample rates and should be used for comparative purposes only. Your quotes will differ.

  • Bankrate Scores

  • Ashlyn Brooks is a finance writer with more than half a decade of experience, known for her knowledge in areas such as taxes, insurance, investing, retirement, finance news, and banking products.

  • Lisa McArdle is an insurance editor who joined the Bankrate team in 2023. She has more than 15 years of experience writing, editing and managing content in a variety of industries, including insurance, auto news and pop culture.

  • Thomas is a well-rounded financial professional, with over 20 years of experience in investments, corporate finance, and accounting. His investment experience includes oversight of a $4 billion portfolio for an insurance group. Varied finance and accounting work includes the preparation of financial statements and budgets, the development of multiyear financial forecasts, credit analyses, and the evaluation of capital budgeting proposals.

  • In a consulting capacity, he has assisted individuals and businesses of all sizes with accounting, financial planning and investing matters; lent his financial expertise to a few well-known websites; and tutored students via a few virtual forums.

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Renter's Insurance as low as $18/month! (Mobile homes too)

City: Coalmont, State: Tennessee

Hello SAN ANTONIO! UTSA alum here! We'd like to invite YOU or ANYONE who is looking for Auto, Home or Renter's Insurance to go ahead & give our office a call for a FREE insurance quote from one of our helpful & friendly agents! Whether you're a new driver, your auto/home/renter's policies are about to expire, or you are just shopping around for these different types of insurance rates to compare, we're always more than happy to assist in your new policy purchase and answer any questions you have about insurance. We now offer renter's insurance as low as $18-21/month and can get you in and out in 5 minutes or less! Or email/fax your policy documents to you. Cash & major credit/debit cards accepted. Hablamos Espanol. H & H Insurance Agency 1347 Basse Rd San Antonio, Texas 78212

Jan 22, 2024 6:29 PM , Category: Home insurance

Renter's Insurance as low as $18/month! (Mobile homes too)

City: Coalmont, State: Tennessee

Hello SAN ANTONIO! UTSA alum here! We'd like to invite YOU or ANYONE who is looking for Auto, Home or Renter's Insurance to go ahead & give our office a call for a FREE insurance quote from one of our helpful & friendly agents! Whether you're a new driver, your auto/home/renter's policies are about to expire, or you are just shopping around for these different types of insurance rates to compare, we're always more than happy to assist in your new policy purchase and answer any questions you have about insurance. We now offer renter's insurance as low as $18-21/month and can get you in and out in 5 minutes or less! Or email/fax your policy documents to you. Cash & major credit/debit cards accepted. Hablamos Espanol. H & H Insurance Agency 1347 Basse Rd San Antonio, Texas 78212

Jan 22, 2024 5:57 PM , Category: Home insurance

1900's HOME INSURANCE Company of New York Advertising Pocket Knife

City: Coalmont, State: Tennessee

HOME INSURANCE Company of New York Advertising Pocket Knife/Scissor 1900's. From an old sewing box at the Estate Sale.

Jan 22, 2024 3:49 PM , Category: Home insurance

Home Insurance No Broker Fees

City: Coalmont, State: Tennessee

Get Excellent Rates We Only Insure Homes! Its our Specialty Fast FREE Quotes NO Broker fees Low Payments Many Discounts Available >¢New Home Insurance >¢Older Home Insurance >¢Homeowners Insurance >¢Condominium Insurance >¢We Include Mechanical Home Appliance Breakdown (pays for Repairs) >¢We include Mortgage Protection Payments Coverage >¢Top Rated Pet Insurance Christine Thompson Insurance Agency Over 10 yrs experience Lets Compare Rates Call, text or email for a Fast Free Quote! Lic 2401677

Jan 22, 2024 2:30 PM , Category: Home insurance

Home Insurance No Broker Fees

City: Coalmont, State: Tennessee

Get Excellent Rates We Only Insure Homes! Its our Specialty Fast FREE Quotes NO Broker fees Low Payments Many Discounts Available >¢New Home Insurance >¢Older Home Insurance >¢Homeowners Insurance >¢Condominium Insurance >¢We Include Mechanical Home Appliance Breakdown (pays for Repairs) >¢We include Mortgage Protection Payments Coverage >¢Top Rated Pet Insurance Christine Thompson Insurance Agency Over 10 yrs experience Lets Compare Rates Call, text or email for a Fast Free Quote! Lic 2401677

Jan 22, 2024 1:20 PM , Category: Home insurance

1900's HOME INSURANCE Company of New York Advertising Pocket Knife

City: Coalmont, State: Tennessee

HOME INSURANCE Company of New York Advertising Pocket Knife/Scissor 1900's. From an old sewing box at the Estate Sale.

Jan 22, 2024 12:13 PM , Category: Home insurance

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