Affordable coverage for apartment and rental home tenants in Central Kentucky.
Renters Insurance for Lexington, Nicholasville & Central Kentucky Tenants
Your landlord’s policy doesn’t cover your belongings. We do.
If you rent an apartment or home in Central Kentucky, your landlord’s insurance covers the building — not your belongings. A fire, theft, or burst pipe could destroy everything you own, and without renters insurance, you’d replace it all out of pocket. Renters insurance also protects your liability exposure and covers temporary housing if your rental becomes uninhabitable.
At Nova Insurance Group, we help renters throughout Lexington, Nicholasville, Jessamine County, Richmond, Berea, Danville, and Harrodsburg, KY get covered for as little as $15–$25 per month.
What Does Renters Insurance Cover?
- Personal Property — Your furniture, electronics, clothing, and other belongings are covered against fire, theft, vandalism, and certain water damage (like a burst pipe). Coverage applies both at home and away — if your laptop is stolen from your car, renters insurance covers it.
- Personal Liability — If a guest is injured in your apartment, or you accidentally damage a neighbor’s property (such as a leak from your unit), liability coverage pays for medical bills and your legal defense costs.
- Additional Living Expenses — If your rental becomes uninhabitable due to a covered loss, renters insurance pays for a hotel, meals, and other temporary living costs while repairs are completed.
- Medical Payments to Others — Covers the medical expenses of guests injured in your rental, typically $1,000–$5,000, without requiring a liability lawsuit.
- Off-Premises Theft — Covers personal belongings stolen from your car, hotel room, or anywhere away from home.
Coverage Limits and Endorsements
Standard renters insurance policies have per-item sublimits on certain categories — jewelry, electronics, collectibles, and firearms often have caps of $1,000–$2,500. If you own high-value items, ask us about scheduling them separately for full replacement cost coverage.
Many landlords in Lexington and Nicholasville now require tenants to carry renters insurance. If your lease includes this requirement, we can provide a certificate of insurance quickly.
What Renters Insurance Does NOT Cover
Renters insurance does not cover: flood damage (requires a separate flood policy), earthquake damage, your roommate’s belongings (they need their own policy), motor vehicles, or intentional acts.
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Personal Property
Risk Factor
Unpredictable losses can occur to your property due to burglary, fire, water damage, storm, and more.
Solution
Personal property, such as furniture, rugs, TVs, stereos, clothes, and more may be covered under your basic insurance policy. However, items like jewelry, furs, silverware, antiques, collectibles, and other valuables should likely be insured separately.
Limits and Exclusions
Risk Factor
Some types of personal property are subject to limits of coverage under renters insurance policies. These limits vary by the type of property and by what caused the loss or damage. For example, jewelry, bicycles, collectible cards, and coins may have limited coverage or may not be covered.
Solution
Obtain a personal floater or schedule your valuable possessions to ensure you’ll have the money to replace them.
Additional Living Expense
Risk Factor
If the building you live in has a loss from a covered peril under your renters insurance policy that makes your apartment or home uninhabitable, you will need to find somewhere else to live while the repairs are undertaken. This can be expensive and inconvenient.
Solution
Be sure your insurance policy includes additional living expense coverage. If you need to move out and rent another location, this coverage provides for the increase in living expenses–such as moving costs, increased food costs, and other expenses.
Liability
Risk Factor
You are responsible if you or a guest in your unit trips and falls or sustains an injury while on your property.
Solution
Be sure that you have adequate liability insurance to protect for claims made against you for bodily injury or property damage – such as a slip and fall or other allegation. Liability coverage also provides protection should you become legally liable for unintentional bodily injury or property damage anywhere in the world.
Medical Expenses
Risk Factor
You're responsible if a guest is injured while on your property and you may be required to pay their medical expenses.
Solution
Ensure your insurance policy covers this risk. In the event a person is injured in your unit, he or she can submit medical bills to your insurance company. Medical expenses are usually paid without a liability claim being filed against you, with typical limits ranging from $1,000 to $5,000.
Landlord
Risk Factor
You may not be able to rent the apartment or home if your landlord or property manager requires renters insurance and you do not have it.
Solution
Having a renters insurance policy allows you to provide a certificate of insurance to the landlord or property manager showing that you have the coverage required to rent the apartment or home.
Improvements or Betterments
Risk Factor
Any improvements or betterments that you have made to your unit are subject to damage.
Solution
Be sure to obtain coverage for improvements or betterments that you have installed in your apartment or home.
Contents Away from Home
Risk Factor
You may take your valuable property outside of your unit. For example, what happens if your laptop or golf clubs get damaged or stolen while traveling?
Solution
Be sure to add off premises theft coverage to your policy to cover your personal property while your belongings are away from your home. Auto insurance does not usually cover personal property stolen from your car.
Premises Liability
Risk Factor
You may be responsible for damage to your apartment or dwelling should you, for example, have a leaking sink or accidentally start a fire.
Solution
Be sure your policy has liability coverage that includes tenants legal liability or premises liability. Your landlord may require that you to have this type of insurance protection in place as a requirement before renting the property to you.
Frequently Asked Questions: Renters Insurance in Kentucky
How much does renters insurance cost in Kentucky?
In Kentucky, a standard policy with $30,000 in personal property coverage and $100,000 in liability typically costs $15–$25 per month — making it one of the most affordable types of insurance available.
Does my landlord’s insurance cover my belongings?
No. Your landlord’s policy only covers the physical structure of the building. It does not cover your personal belongings, your liability exposure, or your temporary living expenses if you’re displaced. You need your own renters insurance policy.
Does renters insurance cover theft from my car?
Yes. Renters insurance covers off-premises theft of your personal belongings, including items stolen from your vehicle. Your auto insurance does not cover personal property inside your car.
Is renters insurance required in Kentucky?
There is no state law requiring renters insurance in Kentucky, but many landlords in Lexington, Nicholasville, and surrounding areas include it as a lease requirement. Even when optional, the coverage is highly recommended.
Can roommates share a renters insurance policy?
A standard renters insurance policy typically only covers the named insured — not roommates. Roommates should get their own policies. Some insurers allow domestic partners or cohabiting couples to be added to a single policy.
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