Best & Cheapest Homeowners Insurance in Bowling Green, KY 2024
USAA offers the cheapest homeowners insurance for people in Bowling Green, with an average annual quote of $1,061.
After thoroughly reviewing homeowners insurance providers in Bowling Green, Kentucky, we found USAA to be the most budget-friendly option, with an average yearly rate of $1,061. However, it’s important to consider your individual circumstances and needs when choosing the right insurer.
For instance, if you have a low credit score, Auto-Owners offers the most economical choice with an average annual premium of $1,140. Conversely, if you have an older home, State Farm provides competitive rates at $1,890 per year with comprehensive coverage.
On the other hand, for newly constructed homes, USAA offers the most affordable solution at $710 annually. And for those with a history of claims, Auto-Owners is a good option at $1,743 per year.
If you have valuable personal property that needs protection, Travelers is the best choice, offering extensive coverage at a reasonable $1,171 annually.
Our detailed analysis at Insuranceopedia aims to help you find the perfect fit for your homeowners insurance needs. By comparing customer ratings, evaluating personal experiences, and providing comparison charts, we give you all the information you need to make an informed decision.
How much is homeowners insurance in Bowling Green, KY?
In Bowling Green, USAA offers the most affordable homeowners insurance at an annual rate of $1,061.
In Bowling Green, rates are lower than the national average and also lower than the average rate for the state of Kentucky.
| Area | Average Monthly Rate |
| National | $1,820 |
| Kentucky | $2,561 |
| Bowling Green | $1,195 |
It’s crucial to understand that insurance rates aren’t universal; they can vary greatly depending on different factors.
Cheapest Homeowners Insurance in Bowling Green, KY
Our Methodology
To find the most affordable home insurance rates in Bowling Green, we analyzed data from various home insurance review platforms. Some of these platforms looked at rates sourced from public filings obtained by Quadrant Information Services. We calculated an average of these rates for this review. However, it's important to understand that the rates offered by each company can fluctuate regularly and may vary depending on your specific circumstances. Furthermore, our overall rating considers my subjective opinion, which is based on fifteen years of experience as a licensed insurance agent and over three decades of purchasing home insurance.
Quotes Analyzed
Years Of Industry Experience
Brands Reviewed
Research Hours
Cheapest Homeowners Insurance in Bowling Green, KY
USAA is the most cost-effective option for homeowners insurance in Bowling Green, KY, with an average annual rate of $1,061.
| Company | Annual Premium |
| USAA | $1,061 |
| Travelers | $1,115 |
| State Farm | $1,138 |
| Auto-Owners | $1,226 |
| Allstate | $1,430 |
The cost of your policy depends on factors like your location, home value, and claims history. USAA offers a well-rounded combination of affordability and comprehensive coverage.
Cheapest Homeowners Insurance If You Have an Older Home
For older homes, State Farm offers the most affordable rates, averaging $1,890 per year.
| Insurance Company | Average Annual Premium |
| State Farm | $1,890 |
| Auto-Owners | $2,092 |
| Nationwide | $2,453 |
| Allstate | $2,981 |
| Farm Bureau | $3,033 |
Older homes often come with unique risks and maintenance challenges, which can increase insurance expenses. However, State Farm offers competitive rates and comprehensive coverage tailored to address the specific needs of older homes.
Cheapest Homeowners Insurance for Newly Constructed Homes
If you own a newly constructed home, USAA offers the most affordable option, with an average annual rate of $710.
| Insurance Company | Average Annual Premium |
| USAA | $710 |
| Travelers | $831 |
| Auto-Owners | $855 |
| State Farm | $903 |
| Allstate | $1,670 |
Newly constructed homes often require different coverage compared to older ones, and USAA excels in offering affordable policies tailored to these specific needs.
Cheapest Homeowners Insurance If You Have Poor Credit
If you have a poor credit score, Auto-Owners provides the most affordable solution, with an average annual rate of $1,140.
| Insurance Company | Average Annual Premium |
| Auto-Owners | $1,140 |
| Allstate | $1,842 |
| Travelers | $2,390 |
| State Farm | $2,542 |
| USAA | $3,190 |
Your credit score can significantly affect your insurance rates because insurers use it to assess risk. Auto-Owners understands the importance of providing fair coverage to everyone, regardless of their financial history.
Cheapest Home Insurance in Bowling Green for a History of Claims
For homeowners with a history of claims, Auto-Owners offers an affordable solution, with an average annual rate of $1,743.
| Insurance Company | Average Annual Premium |
| Auto-Owners | $1,743 |
| State Farm | $2,941 |
| Progressive | $3,270 |
| Nationwide | $4,768 |
| Allstate | $5,830 |
A history of claims can indicate higher risk for insurers, often resulting in elevated premiums. However, Auto-Owners believes in giving second chances and offers reasonable rates for individuals with past claims.
Cheapest Home Insurance Rates for Lots of Personal Property
If you have a significant amount of personal property, Travelers offers the most affordable rates, averaging $1,171 annually.
| Insurance Company | Average Annual Premium |
| Travelers | $1,171 |
| Auto-Owners | $1,198 |
| State Farm | $1,394 |
| Auto-Owners | $1,464 |
As your personal property increases, your coverage needs may also rise, potentially resulting in higher premiums. However, Travelers offers comprehensive coverage at reasonable rates, ensuring all your belongings are adequately protected.
Best Homeowners Insurance Companies in Bowling Green, KY
Choosing the right homeowners insurance isn’t just a necessity; it’s a strategic decision. With Bowling Green’s rich history, its homes are as unique as its residents. Therefore, finding an insurance provider that offers comprehensive coverage at competitive rates is essential.
To make your decision-making process easier, we’ve compiled a list of the top homeowners insurance companies in Bowling Green, KY. These companies have been evaluated based on criteria such as annual premiums, coverage options, customer satisfaction ratings, and overall reliability. Explore our comparison chart below to find the perfect match for your home insurance needs.
| Company | Annual Premium | |
| 1. | USAA | $1,061 |
| 2. | Travelers | $1,115 |
| 3. | State Farm | $1,138 |
| 4. | Auto-Owners | $1,226 |
| 5. | Allstate | $1,430 |
| 6. | AAA | $1,978 |
| 7. | Farm Bureau | $1,886 |
| 8. | Progressive | $2,486 |
Average Home Insurance Rates by Zip Codes
The cost of homeowners insurance in Bowling Green, KY can vary significantly depending on the zip code. Below are tables showing rates for different zip codes in Bowling Green, along with the cheapest and most expensive zip codes in the area for annual home insurance premiums.
| ZIP Code | Average Insurance Premium (Annual) |
| 42128 | $2,134 |
| 42134 | $2,155 |
| 42141 | $2,196 |
| 42152 | $2,087 |
| 42103 | $1,865 |
| 42171 | $1,939 |
Cheapest Zip Codes
| ZIP Code | Average Insurance Premium (Annual) |
| 42103 | $1,865 |
| 42171 | $1,939 |
| 42103 | $1,877 |
| 42170 | $1,892 |
| 42101 | $1,902 |
Most Expensive Zip Codes
| ZIP Code | Average Insurance Premium (Annual) |
| 42128 | $2,134 |
| 42134 | $2,155 |
| 42164 | $2,201 |
| 42141 | $2,196 |
| 42152 | $2,087 |
Average Home Insurance Rates in Bowling Green, KY by Deductible Amount
The deductible amount chosen for a homeowners insurance policy has a significant impact on premium rates in Bowling Green, KY. Here’s how the average home insurance rates fluctuate for different deductible amounts:
| Deductible Amount | Average Annual Premium |
| $500 | $1,542 |
| $1,000 | $1,437 |
| $1,500 | $1,390 |
| $2,000 | $1,277 |
| $5,000 | $1,081 |
Average Home Insurance Rates in Bowling Green, KY By Coverage Amount
An essential factor influencing your premium is the dwelling coverage amount, which represents the maximum sum your insurance company will pay to rebuild or repair your home if it’s damaged or destroyed.
Below is a comparison chart outlining the average annual homeowners insurance premiums for various dwelling coverage amounts.
| Dwelling Coverage Amount | Average Annual Premium |
| $200,000 | $790 |
| $250,000 | $1,276 |
| $300,000 | $1,640 |
| $350,000 | $1,819 |
| $400,000 | $2,193 |
Average Home Insurance Rates in Bowling Green, KY by Company
Here’s a comparison of annual premiums from leading insurance providers in Bowling Green.
| Company | Annual Premium |
| USAA | $1,061 |
| Travelers | $1,115 |
| State Farm | $1,138 |
| Auto-Owners | $1,226 |
| Allstate | $1,430 |
| AAA | $1,978 |
| Farm Bureau | $1,886 |
| Progressive | $2,486 |
How Much is Homeowners Insurance for Other Cities in Kentucky?
Here’s a comprehensive comparison chart displaying the most affordable companies and their annual premiums across different cities in Kentucky.
| City | Annual Premium |
| Arlington | $1,766 |
| Big Creek | $2,147 |
| Lexington | $1,004 |
| Glendale | $1,460 |
Getting Online Homeowners Insurance Quotes in Kentucky
With informative platforms like Insuranceopedia, finding the ideal coverage for your specific needs is only a few clicks away. By providing quick online quotes from multiple top-rated insurers, Insuranceopedia allows you to compare rates effortlessly.
Just input your details, and let us handle the heavy lifting by presenting you with a selection of options tailored to your needs. This enables you to confidently choose a policy that offers the best value, striking a balance between cost and comprehensive coverage.
FAQs
Who has the cheapest home insurance in Bowling Green, KY?
USAA provides the most affordable home insurance in Bowling Green, Kentucky, with an annual premium of $1,061.
What is the average cost of home insurance in Bowling Green, KY?
On average, homeowners insurance in Bowling Green, Kentucky, costs around $1,195 annually.
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