Covington Insurance Rates:

Covington, KY home insurance is nearly $660 to $895, about $55-$74/month. Our extensive research reveals consumers can save upto $311 by comparing different quotes

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Covington, Kentucky Homeowners Insurance Reviews reveal the good & the bad so that you can compare the cheapest quotes from the best

Covington Home Owner Insurance Quotes | Write a Review | Rates & Quotes Analysis
American Family Insurance
Home Insurance Rate of $110/3 months for $75000-$100000 Coverage
Policy Holder Home Details :

Home Value : $85,000

2 Beds, 2 Bath 1020 sqft Rental Property Constructed In 2008 with Linoleum, Wood Shake Roof, Slab Foundation, Brick siding, Brick Frame. Home Features Include Smoke Alarm, Deadbolt Locks, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

57 Years old Married Female who is a Freelancer with household income of $25-50,000 and has 3 Pets and is a Smoker

Additional Details :
  • 50-75% Mortgage Paid off

  • Up to 499 Credit Score

  • Seniors staying at home

  • Guests at home

Home Insurance Rate of $420/7 months for $125000-$150000 Coverage
Policy Holder Home Details :

Home Value : $120,000

4 Beds, 4 Baths 1650 sqft Seasonal Residence Constructed In 1985 with Stone Flooring, Membrane Roof, Slab Foundation, Stucco siding, Brick Frame. Home Features Include Deadbolt Locks, Fire Extinguisher, Smoke Alarm, Indoor Sprinklers, FuseBox Electricals and Security by Monitoring Company

About Policy Holder:

34 Years old Married Female who has a Part Time Job with household income of $25-50,000 and has 2 Pets and is a Non-Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • 800-850 Credit Score

  • Guests at home

Home Insurance Rate of $110/1 month for $200000-$250000 Coverage
Policy Holder Home Details :

Home Value : $220,000

4 Beds, 4 Baths 2370 sqft Primary Residence Constructed In 2007 with Carpet over wood flooring, Composition Roof, Slab Foundation, Stone Siding, Brick Frame. Home Features Include Deadbolt Locks, Swimming Pool, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

67 Years old Single Female who has a Part Time Job with household income of less than $25,000 and has 3 Pets and is a Non-Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • 750-799 Credit Score

  • Guests at home

Home Insurance Rate of $80/2 months for $125000-$150000 Coverage
Policy Holder Home Details :

Home Value : $120,000

3 Beds, 3 Bath 1380 sqft Seasonal Residence Constructed In 1964 with Linoleum, Metal Roof, Chainwall Foundation, Stucco siding, Wood Frame. Home Features Include Fire Extinguisher, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

60 Years old Divorced Female who is Unemployed with household income of less than $25,000 and has More than 3 Pets at home and is a Smoker

Additional Details :
  • 50-75% Mortgage Paid off

  • 750-799 Credit Score

  • Seniors staying at home

  • Guests at home

Home Insurance Rate of $380/4 months for $150,000-$175,000 Coverage
Policy Holder Home Details :

Home Value : $155,000

4 Beds, 4 Baths 1658 sqft Primary Residence Constructed In 1937 with Hardwood Flooring, Wood Shake Roof, Piers Foundation, Stone Siding, Stucco Construction. Home Features Include Indoor Sprinklers, Copper Water Pipes, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

29 Years old Single Female who is Unemployed and has 1 Pet and is a Smoker

Additional Details :
  • 75-100% Mortgage Paid off

  • 600-649 Credit Score

  • Guests at home

Covington, KY Home Insurance by Zip Code

Zip Code Median Home Value Median Homeowners Insurance
41011 $158,900 $800

Covington Rates & Quotes Analysis:

Covington Area Estimated House Insurance
W 13th St, Old Taylor Mill Rd, New Orleans Ct, Pebble Creek Dr, Augusta Ave, Bartlett Ave, Bedinger St, Philadelphia St, E 31st St, Graves Ave$758
Auburn St, Robin Ln, Vanderen Dr, Yatz Dr, W Freeman St, Short Mason Rd, Post Pl, Dakota Ave, Ludford St, Benton Rd$785
Kathleen Dr, Karlenia Ct, Brookwood Dr, E 42nd St, Morris Pl, Banklick Ave, McAlpin Ave, Lakewood Dr, Tyler Ct, Clareglen Dr$826
Virginia Ave, Holmesdale Ct, Hidden Pine Way, Liberty St, E Robbins St, Parkcrest Ln, Lorraine Ct, Collins Rd, Apple Tree Ln, Radio Rd$845
Center Ct, Holdsbranch Rd, Genevieve St, Egger Ln, Wallace Ave, Bayview Dr, Hickory Ln, Dartmouth Dr, White Ct, Bursall Ave$786
E 46th St, W 14th St, Heatherstone Ct, Hewson St, Ohio St, W John St, Chesapeake St, Elizabeth St, Sparrow Aly, Lake Ct$789
Johnson St, Livingstone St, Rosary Ct, Lynn St, E 36th St, Bracken Ct, Dale Hollow Dr, Basswood Cir, Alexandria Ave, Greenbriar Ave$808
Kollman Rd, Old Madison Pike, Doris Way Dr, McKee Ave, Angela Ct, Werner Dr, W 20th St, Kyles Ln, Short St, Prospect Ave$826
W 14th St, Church St, Squire Hill Dr, Squire Hill Ct, Harvard Dr, N Parkway Dr, S Arlington Rd, Donaldson Hwy, Emery Dr, E 7th St$833
Dry Creek Rd, Parkwood Ct, Iowa Ave, Heathermoor Blvd, Colony Dr, Dunster Ct, W 8th St, Eastland Dr, Blossom Ln, W Quarry St$795

Insurance rates are influenced by a number of factors including:

  • Year Built: 14,921 Homes (29% of total) built between 1939 or earlier in Covington are paying home insurance between $1,665-$1,677 and varies from Fort Mitchell (+$56), Fort Wright (+$53), Lakeside Park (+$71), Kenton Vale (-$48) and Erlanger (-$23).
  • Bedrooms: 16,756 2 bedrooms homes (33% of total homes ) in Covington are paying about $646. Areas near to Covington such as Fort Mitchell, Fort Wright, Lakeside Park are costlier by $15, $13, $20 respectively whereas Kenton Vale and Erlanger are more economical by $26, $7 respectively for similar homes.
  • Auto Insurance Bundling: 6,181 Households (21% of all households) in Covington have 3 or more vehicles available and when it is bundled with home insurance you can save $194. Discounts for similar bundling in close by locations such as Fort Mitchell, Fort Wright, Lakeside Park come to $201, $200, $203 respectively.
  • Senior Discounts: 12,881 seniors (more than 55 years) occupied housing units (45% of total) in Covington get discounts between $116 to $118. The comparative concessions in proximate regions such as Fort Mitchell, Lakeside Park and Kenton Vale are $120, $121 and $113 respectively.
  • New Homes discounts: New homes such as the 15,476 homes built between 2000 to 2009 in Covington can save $155 and similar new home insurance discounts in nearby towns and cities like Fort Mitchell, Fort Wright and Lakeside Park are $161, $160 and $162 respectively.

Covington Homeowners insurance Facts

  • Covington, KY has 28,456 owner occupied houses which is 62.4% of all units whereas Fort Mitchell, Fort Wright and Lakeside Park have 53.2%, 74.43% and 66.33% respectively.
  • Covington, KY homeowners yearly insurance price at $778 is 0.55% of the typical house value of $141,400 which is in contrast with 0.42% in Fort Mitchell, 0.43% at Fort Wright & 0.4% in Lakeside Park.
  • Homeowners in Covington, KY pay 2.39% of their income ($30,000 to $34,999) in insurance whereas homeowners in Fort Mitchell, Fort Wright and Lakeside Park pay 2.48%, 2.47% and 2.5% respectively.
  • Covington, KY’s insurance is 5.2% of monthly housing costs of $1,256/month, for owners with a mortgage compared to 4.5% in Fort Mitchell, 4.84% at Fort Wright & 4.29% in Lakeside Park. But, for households without a mortgage, insurance is 14.9% of costs ($434 in Covington, KY) in contrast with 12.33% in Fort Mitchell, 14.74% at Fort Wright & 12.91% in Lakeside Park.

Covington, KY Home Values & Insurance rates

For example, insurance for 1,562 Homes (5.0% of total homes ) valued between $90,000 to $99,999 in Covington, KY is about $521. Rates in nearby areas in such as Fort Wright, Crescent Springs, Taylor Mill are cheaper by $120, $218, $57 respectively while Kenton Vale and Erlanger are costlier by $166 and $55 respectively for similar homes.

Covington, KY Home By Value Total Homes % of Total Average Homeowners Insurance
Less than $50,000 1,412 5.0% $132
$50,000 to $59,999 556 2.0% $287
$60,000 to $69,999 819 3.0% $350
$70,000 to $79,999 1,154 4.0% $412
$80,000 to $89,999 1,921 7.0% $466
$90,000 to $99,999 1,562 5.0% $521
$100,000 to $124,999 4,482 16.0% $599
$125,000 to $149,999 3,548 13.0% $754
$150,000 to $174,999 2,861 10.0% $886
$175,000 to $199,999 2,414 9.0% $1026
$200,000 to $249,999 2,986 11.0% $1237
$250,000 to $299,999 1,292 4.0% $1509
$300,000 to $399,999 1,733 6.0% $1921

Renters Insurance in Covington

  • Average Renters Insurance in Covington :  $158($13/month)

  • Median Gross Rent in Covington :  $699

  • Covington Renters Insurance to Median Rent Ratio:  1.86%

  • Renter occupied housing units in Covington :  17,134

Covington Renters Insurance as a Percentage of Rent

Covington Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
Less than $200 416 2.0% $339
$200 to $299 503 3.0% $789
$300 to $499 1,832 11.0% $1239
$500 to $749 6,980 42.0% $1914
$750 to $999 3,991 24.0% $2664
$1,000 to $1,499 2,382 14.0% $3789
$1,500 or more 448 2.0% $5439

Protective device discount in Covington Up to :  $23

Claims-free discount in Covington Up to :  $31