Find the Best Home Insurance Rates in 42503

Shopping for homeowners insurance in 42503 is never fun, but it is a necessity if you want to find the best policy for your home while also keeping your premium affordable. If you live in Somerset, KY and want to enhance your homeowners coverage while decreasing your annual premium, then let us help you shop the best rates and coverage options.

We can easily shop up to 12 competitive insurance companies so you can compare rates and coverage levels in the privacy of your own home. As an added bonus, our Kentucky licensed agents will help you sort through your insurance options and answer any questions you may have about coverages and rates. As always, our service is completely free.

If you are ready to start searching for a new policy, simply click on the "Get Multiple Quotes Now" button. Your 42503 should populate in the zip code field and then you are ready to go. Enter some basic information on your home and we will get started on your quotes.

Home Insurance Rate Quotes in 42503

Find Somerset, KY Homeowners Insurance Quotes to review the best coverage options in your area.

42503 Home Insurance Rating is: medium!

In 42503 the average premium is $879. We can help you save up to 40 percent off of the average premium by having up to 12 highly rated nationwide insurers compete for your business. Our agents will also do a professional analysis of your policy options to make sure you are getting the coverage you need at the best price.

A Quick Tip: For homeowners living in 42503, always keep an updated home inventory. This can be a game changer in the event you have to make a claim. It will make the claim process go quicker and ensure that you are fully and fairly reimbursed for your loss. There are tons of home inventory apps online that can make the tedious job of putting together an inventory quick and easy. As a bonus, your inventory is stored in the cloud so you always have access to it.

Start shopping for a great new policy right now. Get Multiple Home Insurance Rates in 42503!

Average Building Cost Per Square Foot in 42503: $118

Average Square Footage in 42503: 1,303 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 42503 before you start any project. Somerset homeowners pay on average around $118 per square foot to build a home. Another great reason to know the average cost to build is for your homeowners insurance policy. A standard homeowners policy will help you cover the replacement cost of your home due a fire or any other named perils on your policy. Calculating your dwelling coverage for your home in 42503 is extremely helpful when estimating how much replacement cost coverage you need. We highly recommend that you have enough dwelling coverage to rebuild your home if it was destroyed by a covered peril.

Here is how you determine your replacement cost. If we take an average home in 42503 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 1,303 sq. ft. and the average cost to rebuild the home in this area is around $118 per square foot would be considered a base estimate cost. These two numbers would allow us to generate the replacement cost needed for an average size home in the Somerset area. If the home is new or has been upgraded, you will want to add $50 to $100 or more per square foot to equally cover the replacement cost to restore a home back to it's original condition.

It's important to understand that when you estimate your replacement cost of your home in the 42503 zip code area, it will be the cost to replace the structure of your home, not the additional value of the property that is factored in when purchasing a new home.

Runyon- David H - State Farm Insurance Agent

Stewart- Phillip K - State Farm Insurance Agent

Kentucky Farm Bureau Insurance, Pulaski, Langdon

Harold Isaacs

Household Data for 42503

The average number of homes in 42503 is around 9,832, there are an average of 2.45 per household. The average house value according to local real estate values is around $153,700. Please review the following demographics below for average income and media age.

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