Homeowners' Insurance

Your Local Kentucky House Insurance Experts

Homeowners' Insurance Overview

A homeowners insurance policy can help reimburse you for property damage at your home caused by covered perils. It can also assist with covering medical bills and legal fees if you’re held responsible for causing third-party bodily injury or property damage.  

Without homeowners insurance coverage, you could face costly out-of-pocket expenses. Contact Owens Insurance Agency in Morehead, Kentucky, to learn more about our homeowners insurance options.

Frequently Asked Questions

Homeowners insurance, also called home insurance, is a package policy that can provide financial protection from personal liability claims or property damage losses. It can also help pay for additional living expenses if property damage forces you to temporarily vacate your property.

A homeowners insurance policy is a legally binding agreement between you and your insurance company. As long as you continue to make premium payments, your insurer agrees to pay for covered losses up to your policy limits.

You may be able to save money by bundling your home and auto insurance with the same company. Ask your insurance agent if you’re eligible for a multipolicy discount.

To be reimbursed for a loss at your property, you can file a claim with your insurance company. The claim filing process may vary with the type of claim (e.g., property damage, liability) and insurer. Your insurance company will then approve or deny your claim per your policy agreement. If your claim is approved, you will usually be assigned an adjuster who will help you receive your policy benefits.

Homeowners insurance is not legally required in any state; however, most mortgage lenders require it to finance your home. Generally, a mortgage lender will require you to buy homeowners insurance to protect their investment in your property. The amount of homeowners insurance you need may vary depending on your lender.   

Even when homeowners insurance is not required, you should consider purchasing a policy, as it can help protect you and your family from financial hardship and personal liability lawsuits. When deciding how much homeowners insurance coverage to buy, you should consider the cost to repair or replace all of your belongings and to rebuild your home if it’s destroyed. If your personal assets (e.g., investment accounts, savings accounts) exceed the personal liability coverage limits set by your current policy, you may want to consider purchasing more coverage or buying a personal umbrella policy.

The agents at Owens Insurance Agency can help you understand your risk. Contact us today for more information.

If your mortgage lender requires homeowners insurance, you should begin shopping for a policy immediately after signing a contract for your new house. This should give you at least three weeks to shop around and compare homeowners insurance policies before closing on your new home. 

At Owens Insurance Agency, we understand that your home is more than the roof over your head. Contact us for a homeowners insurance quote. We serve customers in Lexington, Louisville and Georgetown, Kentucky.

Why Choose Owens?

We know Kentucky

Proudly serving Kentucky since 1985, we understand the unique risks that face you or your business.

One-on-one customer service

Your personal agent will work with you every step of the way to keep you or your business protected.

Access to the best carriers

Get access to the best coverage and rates from the nation's top carriers.


Request a Quote

Or call us: 800-256-3575

ZoomInfo Form - Info Request
How would you like for us to contact you?
What time is best to contact you?

ZoomInfo Hidden - Contact Info

ZoomInfo Hidden - Company