Gavop's guide to buying homeowners insurance in Lancaster, 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 | $40,500 | $40,000 | $25,000-$50,000 |
| 2 Bedroom | $103,000 | $90,000 | $75,000-$100,000 |
| 3 Bedroom | $129,500 | $100,000 | $100,000-$125,000 |
| 4 Bedroom | $164,500 | $130,000 | $150,000-$175,000 |
| 5 Bedroom | $168,500 | $140,000 | $150,000-$175,000 |
| Bundling Type | Discount ($) | Premium After Discount ($) |
|---|---|---|
| Home and One Car | -$55 | $634 |
| Home and Two Car | -$110 | $579 |
| Home and Three Car | -$165 | $523 |
| Claim Type | Average Claim Cost |
|---|---|
| General Claims | |
| Water Damage | $5,975 |
| Physical Damage | $2,513 |
| Hail Damage | $4,759 |
| Wind Damage | $6,051 |
| Expensive Claims | |
| Fire | $43,782 |
| Smoke | $17,556 |
| Home Insurance Company Lancaster, KY | Homeowners Insurance Agency Lancaster, KY | Address | Popularity Score | Distance from Lancaster (miles) |
|---|---|---|---|---|
| Allstate | Rebecca Turner | 218 N Main St, Nicholasville, KY, 40356 | 15.4 | |
| Liberty Mutual Independent | The Randolph Scott Insurance Agency | 1025 Dove Run Rd Ste 302, Lexington, KY, 40502 | 23.5 | |
| Travelers | Whitenack Souder Insurance | 204 S Main St, Harrodsburg, KY, 40330 | 17.3 | |
| Allstate | Sean Shah | 800 E Main St, Frankfort, KY, 40601 | 40.8 | |
| State Farm | Mylan Wright | 245 Lexington St, Lancaster, KY, 40444-1184 | 2.6 | |
| State Farm | Stan Simmons | 1080 Bypass S Unit 1, Lawrenceburg, KY, 40342-9094 | 31.6 | |
| Travelers | Greater Lexington Insurance Agency | 1066 Wellington Way, Lexington, KY, 40513 | 24.0 | |
| Travelers | Bill Mccoy Insurance Agency | 1134 Us #127 South Ste D, Frankfort, KY, 40601 | 40.1 | |
| Travelers | Bray & Oakley Insurance Agency Inc | 3061 Fieldstone Way, Lexington, KY, 40513 | 24.5 | |
| State Farm | Bob Pitman | 851 Corporate Dr Ste 200, Lexington, KY, 40503-5429 | 24.3 |
| Place | Typical Home Value | Typical Home Insurance Costs | 25th Percentile | 75th Percentile | Potential Savings & Difference between 25th & 75th Percentile |
|---|---|---|---|---|---|
| Kentucky | $130,000 | $896 | $650 | $1,240 | $590 |
| Garrard County, KY | $131,000 | $756 | $540 | $1,040 | $500 |
| Lancaster, KY | $108,700 | $689 | $470 | $960 | $490 |
| Lexington-Fayette Southeast, KY | $161,800 | $992 | $710 | $1,370 | $660 |
| Lexington-Fayette Southwest, KY | $215,100 | $1,121 | $810 | $1,550 | $740 |
| Willisburg, KY | $88,900 | $739 | $540 | $1,050 | $510 |
| McKee, KY | $77,100 | $636 | $460 | $880 | $420 |
| Annville, KY | $60,800 | $858 | $610 | $1,230 | $620 |
| Bloomfield, KY | $120,700 | $865 | $620 | $1,230 | $610 |
| Scott County, KY | $170,800 | $975 | $690 | $1,360 | $670 |
| Peaks Mill, KY | $119,200 | $859 | $580 | $1,190 | $610 |
| Fairfield, KY | $88,100 | $735 | $530 | $1,050 | $520 |
| Owsley County, KY | $70,000 | $605 | $420 | $850 | $430 |