Gavop's guide to buying homeowners insurance in Powell County, KY covers how to get the right coverage, optimize deductibles, identify the best agents, understand claim requirements, avail discount options, compare cheap quotes and research reviews.
| Bedrooms | Average Home Value | Estimated Replacement Value | Recommended Home Insurance Coverage |
|---|---|---|---|
| 1 Bedroom | $37,000 | $30,000 | $25,000-$50,000 |
| 2 Bedroom | $84,000 | $70,000 | $75,000-$100,000 |
| 3 Bedroom | $127,500 | $120,000 | $125,000-$150,000 |
| 4 Bedroom | $172,500 | $150,000 | $150,000-$175,000 |
| 5 Bedroom | $302,000 | $270,000 | $350,000-$400,000 |
| Type | Discount ($) | Premium After Discount ($) |
|---|---|---|
| Multipolicy Discount | -$104 | $544 |
| Superior Protection Discount | -$65 | $583 |
| Fire & Security Discount | -$71 | $577 |
| Hail Resistant Roof Discount | -$19 | $629 |
| Newly Constructed Home Discount | -$149 | $499 |
| Low Deductible ($500) | High Deductible ($2500) | |||||
|---|---|---|---|---|---|---|
| Place | Example Claim Amount | Yearly Premium | Total Yearly Cost | Yearly Premium | Total Yearly Cost | Net Savings for High Deductible Plan |
| Powell County | $1,500 | $640 | $2,140 | $465 | $1,965 | $175 |
| Powell County, KY | $700 | $640 | $1,340 | $465 | $1,165 | $175 |
| Winston-West Irvine, KY | $200 | $634 | $834 | $461 | $661 | $173 |
| Menifee County, KY | $1,000 | $632 | $1,632 | $459 | $1,459 | $173 |
| Waco-Bybee, KY | $500 | $720 | $1,220 | $524 | $1,024 | $197 |
| Boonesborough-White Hall, KY | $1,500 | $881 | $2,381 | $640 | $2,140 | $241 |
| Sturgeon, KY | $400 | $560 | $960 | $407 | $807 | $153 |
| Cannel City, KY | $2,500 | $614 | $3,114 | $446 | $2,946 | $168 |
| West Liberty, KY | $400 | $700 | $1,100 | $508 | $908 | $191 |
| Breathitt County, KY | $2,500 | $870 | $3,370 | $632 | $3,132 | $238 |
| Carlisle, KY | $500 | $665 | $1,165 | $483 | $983 | $182 |
| Hilda-Triplett, KY | $2,000 | $866 | $2,866 | $629 | $2,629 | $237 |
| Home Insurance Company Powell County, KY | Homeowners Insurance Agency Powell County, KY | Address | Popularity Score | Distance from Powell County (miles) |
|---|---|---|---|---|
| State Farm | Phil Mcdonald | 1407 W 5th St, London, KY, 40741-1616 | 49.7 | |
| Travelers | The Elite Agency Inc | 2408 Sir Barton Wy Ste 375, Lexington, KY, 40509 | 36.4 | |
| State Farm | Stewart Perry | 2128 Nicholasville Road, Lexington, KY, 40503 | 40.8 | |
| Liberty Mutual Independent | Nicholson Insurance Agency Inc | 1001 Monarch St Ste 100, Lexington, KY, 40513 | 43.0 | |
| Travelers | Strong Agency Llc | 80 Codell Dr Ste 120, Lexington, KY, 40509 | 37.4 | |
| Liberty Mutual Independent | Nicholson Insurance Agency Inc | 1001 Monarch St Ste 100, Lexington, KY, 40513 | 43.0 | |
| Erie | Jeff Hutchison Insurance Services | 121 Prosperous Place Suite 9b, Lexington, KY, 40509 | 36.8 | |
| Allstate | Eddie Venters | 3735 Palomar Centre Dr Ste 50, Lexington, KY, 40513 | 43.4 | |
| State Farm | David Lovejoy | 125 Towne Center Dr Ste 125, Lexington, KY, 40511-2027 | 43.0 | |
| State Farm | Mike Brownell | 503 Darby Creek Rd Ste 15, Lexington, KY, 40509-1603 | 36.3 |
| Place | Typical Home Value | Typical Home Insurance Costs | 25th Percentile | 75th Percentile | Potential Savings & Difference between 25th & 75th Percentile |
|---|---|---|---|---|---|
| Kentucky | $130,000 | $896 | $640 | $1,240 | $600 |
| Powell County, KY | $79,800 | $648 | $470 | $920 | $450 |
| Powell County, KY | $79,800 | $648 | $470 | $900 | $430 |
| Winston-West Irvine, KY | $78,200 | $642 | $440 | $880 | $440 |
| Menifee County, KY | $77,800 | $640 | $430 | $900 | $470 |
| Waco-Bybee, KY | $121,600 | $729 | $520 | $1,030 | $510 |
| Boonesborough-White Hall, KY | $188,800 | $891 | $630 | $1,240 | $610 |
| Sturgeon, KY | $54,400 | $567 | $400 | $810 | $410 |
| Cannel City, KY | $64,500 | $621 | $430 | $890 | $460 |
| West Liberty, KY | $114,700 | $708 | $470 | $1,010 | $540 |
| Breathitt County, KY | $50,000 | $881 | $630 | $1,250 | $620 |
| Carlisle, KY | $85,500 | $673 | $480 | $920 | $440 |
| Hilda-Triplett, KY | $181,500 | $876 | $640 | $1,240 | $600 |