Gavop shows you how to buy homeowners insurance in London, KY by estimating coverage, choosing the right deductible, contacting the best agents, understanding claim requirements, comparing cheap rates, using discount options and reading reviews.
| Bedrooms | Average Home Value | Estimated Replacement Value | Recommended Home Insurance Coverage |
|---|---|---|---|
| 1 Bedroom | $47,500 | $40,000 | $25,000-$50,000 |
| 2 Bedroom | $104,000 | $90,000 | $100,000-$125,000 |
| 3 Bedroom | $159,500 | $130,000 | $150,000-$175,000 |
| 4 Bedroom | $196,500 | $160,000 | $150,000-$175,000 |
| 5 Bedroom | $382,500 | $330,000 | $400,000-$500,000 |
| Type | Discount ($) | Premium After Discount ($) |
|---|---|---|
| Multipolicy Discount | -$139 | $591 |
| Superior Protection Discount | -$73 | $657 |
| Fire & Security Discount | -$58 | $672 |
| Hail Resistant Roof Discount | -$22 | $708 |
| Newly Constructed Home Discount | -$168 | $562 |
| 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 |
| Laurel County | $2,500 | $761 | $3,261 | $553 | $3,053 | $208 |
| London, KY | $700 | $721 | $1,421 | $524 | $1,224 | $197 |
| Dewitt, KY | $300 | $470 | $770 | $342 | $642 | $129 |
| Stearns-Whitley City, KY | $1,000 | $855 | $1,855 | $621 | $1,621 | $234 |
| St. Helens, KY | $300 | $535 | $835 | $389 | $689 | $146 |
| Cumberland Gap, TN | $2,000 | $1,022 | $3,022 | $742 | $2,742 | $279 |
| Richmond, KY | $300 | $933 | $1,233 | $678 | $978 | $255 |
| South Wallins, KY | $2,000 | $467 | $2,467 | $340 | $2,340 | $128 |
| Monticello, KY | $500 | $651 | $1,151 | $473 | $973 | $178 |
| Wayne County, KY | $1,500 | $648 | $2,148 | $471 | $1,971 | $177 |
| Coopersville, KY | $400 | $600 | $1,000 | $436 | $836 | $164 |
| Jackson, KY | $1,500 | $561 | $2,061 | $408 | $1,908 | $153 |
| Home Insurance Company London, KY | Homeowners Insurance Agency London, KY | Address | Popularity Score | Distance from London (miles) |
|---|---|---|---|---|
| Allstate | Charles Cromer | 705 W Highway 80, Somerset, KY, 42503 | 30.4 | |
| Liberty Mutual Independent | Insurance Service Center | 100 N Kentucky Ave, Corbin, KY, 40701 | 11.8 | |
| State Farm | Mylan Wright | 245 Lexington St, Lancaster, KY, 40444-1184 | 44.2 | |
| State Farm | Don Mills | 130 E Main St Ste 4, Richmond, KY, 40475-1653 | 44.7 | |
| Travelers | Cole Insurance Agency Inc | 312 Highland Park Drive, Richmond, KY, 40475 | 43.8 | |
| Allstate | Randy Howell | 100 Saint George St, Richmond, KY, 40475 | 44.4 | |
| State Farm | Tom Shelton | 1260 S Highway 25 W, Williamsburg, KY, 40769-1690 | 27.2 | |
| State Farm | Randy Kidd | 1755 N Hwy 27, Whitley City, KY, 42653 | 33.7 | |
| State Farm | Jerry Goble | 450 Big Hill Ave, Richmond, KY, 40475-2566 | 44.0 | |
| State Farm | Joe Massengale | 213 Saint George St, Richmond, KY, 40475-2323 | 44.5 |
| Place | Typical Home Value | Typical Home Insurance Costs | 25th Percentile | 75th Percentile | Potential Savings & Difference between 25th & 75th Percentile |
|---|---|---|---|---|---|
| Kentucky | $130,000 | $896 | $650 | $1,280 | $630 |
| Laurel County, KY | $102,000 | $770 | $550 | $1,090 | $540 |
| London, KY | $122,100 | $730 | $500 | $1,000 | $500 |
| Dewitt, KY | $39,100 | $476 | $320 | $670 | $350 |
| Stearns-Whitley City, KY | $58,000 | $866 | $580 | $1,190 | $610 |
| St. Helens, KY | $50,000 | $542 | $390 | $750 | $360 |
| Cumberland Gap, TN | $148,200 | $1,034 | $730 | $1,470 | $740 |
| Richmond, KY | $158,800 | $945 | $630 | $1,310 | $680 |
| South Wallins, KY | $38,600 | $473 | $350 | $670 | $320 |
| Monticello, KY | $82,200 | $658 | $450 | $930 | $480 |
| Wayne County, KY | $81,400 | $656 | $450 | $920 | $470 |
| Coopersville, KY | $61,800 | $607 | $420 | $830 | $410 |
| Jackson, KY | $54,600 | $568 | $380 | $780 | $400 |