Compare average insurance rates in Lexington for 2026
🏠
Home
$2024
/year
🚗
Auto
$1886
/year
🏥
Health
$524
/month
💰
Life
$25
/month
🏢
Renters
$17
/month
Home Insurance in Lexington, KY
The average cost of homeowners insurance in Lexington, Kentucky is $2,024 per year in 2026. This compares to the state average of $2,200 per year.
$2,024per year (avg in Lexington)
$1288KY avg: $2,200$2852
Factors Affecting Home Insurance in Lexington
🏠
Home Value Average: $185,000
🌪
Weather Risk medium
🌊
Flood Zone 7% of properties
📈
Cost Index 0.92 (100 = national avg)
Home Insurance Coverage Comparison
Coverage Tier
Dwelling Coverage
Personal Property
Liability
Est. Annual Cost
Basic (HO-1)
$148,000
$74,000
$100,000
$1,518
Standard (HO-3)
$185,000
$92,500
$300,000
$2,024
Premium (HO-5)
$231,250
$138,750
$500,000
$2,732
Auto Insurance in Lexington, KY
The average annual cost of auto insurance in Lexington is $1,886, compared to the Kentucky state average of $2,050.
$1,886per year (avg in Lexington)
$1196KY avg: $2,050$2668
📋
Minimum Coverage in Kentucky: 25/50/25
⚖️
No-Fault State: Kentucky is a no-fault insurance state. This means your own insurance pays for your injuries regardless of who caused the accident. Personal Injury Protection (PIP) coverage is required, which can increase premiums.
Auto Insurance Coverage Comparison
Coverage Level
Liability
Collision
Comprehensive
Est. Annual Cost
Liability Only
State Minimum
None
None
$1,037
Full Coverage
100/300/100
$500 deductible
$500 deductible
$1,886
Premium
250/500/250
$250 deductible
$250 deductible
$2,451
Health Insurance in Lexington, KY
The average monthly health insurance premium in Lexington is $524 per month. Costs vary significantly based on plan tier, age, tobacco use, and household size.
$524per month (avg individual plan)
Health Insurance Plan Tiers
Plan Tier
Avg Monthly Premium
Typical Deductible
Out-of-Pocket Max
Best For
Bronze
$377
$7,000
$9,100
Healthy, low usage
Silver
$524
$4,500
$9,100
Moderate usage
Gold
$655
$1,650
$8,700
Regular medical needs
Platinum
$786
$0
$4,500
High usage / families
Life Insurance & Renters Insurance in Lexington
💰 Life Insurance
$25
per month (20-year term, $500K)
Life insurance rates in Kentucky are based on age, health, and coverage amount. A healthy 35-year-old can expect to pay around $25/mo for a 20-year term policy with $500,000 coverage.
🏢 Renters Insurance
$17
per month (avg in Lexington)
Renters insurance in Lexington covers personal belongings, liability, and additional living expenses. The state average is $/mo. Most policies include $30K–$50K in personal property coverage.
Insurance Cost Calculator for Lexington
Estimate your total annual insurance costs based on your personal profile.
The average home insurance cost in Lexington, KY is $2,024 per year for a standard HO-3 policy. Rates range from $1,288 to $2,852 depending on your home value, coverage level, deductible, and specific risk factors.
The average auto insurance premium in Lexington is $1,886 per year for full coverage. Liability-only coverage averages around $849 per year. Kentucky requires minimum coverage of 25/50/25.
Insurance costs in Lexington are close to the national average (cost index: 0.92). Home insurance averages $2,024/yr and auto insurance $1,886/yr. Relatively moderate costs reflect the area's manageable risk profile.
Key factors include: local cost of living (index: 0.92), moderate natural disaster risk, average home values ($185,000), your personal claims history, credit score, and no-fault insurance laws in Kentucky.
Top strategies: bundle home and auto (save 10-25%), raise deductibles, maintain good credit, compare quotes from 3+ insurers annually, and ask about available discounts. Lexington residents can potentially save $782+ per year.
Kentucky requires minimum auto liability coverage of 25/50/25 (bodily injury per person / per accident / property damage in thousands). As a no-fault state, PIP coverage is also required.
Compare Insurance Quotes in Lexington
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