Your Kentucky home, along with the things you keep inside it, is an essential part of your life. It keeps you and your family warm, sheltered and safe, and it’s always there to return to. But your home needs protection.

Kentucky homeowners insurance, also known as home insurance, supports you and covers you in case your house or condominium, or the contents of your rental property, are damaged or destroyed. Certain types of loss, such as flood damage, are excluded by most insurance policies.

If you buy in Kentucky, you will probably need homeowners insurance to close the sale. Most lenders require that you obtain insurance before they’ll approve a mortgage, since it protects their investment as well as yours.

Beyond that, you’ll need the support of Kentucky homeowners insurance to keep your belongings safe, and to make sure you can recover from any disaster, big or small. There are a number of different kinds of policies, including:

• Basic Form Policy: This type of policy provides coverage against 11 listed eventualities, including windstorm or hail; theft; vandalism or malicious mischief; fire or lightning; explosion, riot or civil commotion; smoke; personal liability; damage from aircraft and vehicles; glass breakage; and volcanic eruption.
• Broad Form Policy: This type of policy covers against 17 listed eventualities.
• Special Form Policy: This is the most common type of homeowner policy for single-family homes. All risks are covered for damage to the home, with some exceptions, including earthquakes and floods. Items in the home are covered against listed eventualities.
• Premium Policy: Like the special form policy, but broader.
• Condominium Policy: Similar to the home policies.
• Renter’s Policy: Covers only the contents of the tenant’s rental unit, as well as liability for property damage or for personal injury to others.

Clearly, Kentuck homeowners insurance can protect a wide variety of Kentucky residences from a wide range of damage and loss. Not only will you need it, you may find yourself very relieved you have the support it offers.