Home Insurance in Georgetown, Kentucky
Scott County’s real estate market has been one of the most active in central Kentucky. As Georgetown home values have risen, so has the importance of having the right homeowners insurance coverage.
What Homeowners Insurance Covers
A standard homeowners policy in Kentucky covers:
– Dwelling — the physical structure of your home
– Other structures — detached garages, fences, sheds
– Personal property — your belongings inside the home
– Liability — if someone is injured on your property
– Additional living expenses — if you need to temporarily relocate after a covered loss
What It Does NOT Cover
Standard homeowners insurance in Kentucky does not cover:
– Flood damage (requires separate flood insurance)
– Earthquake damage (requires separate endorsement)
– Normal wear and tear
– Sewer backup (often available as an endorsement)
Georgetown-Specific Considerations
Replacement cost vs. actual cash value: With construction costs having risen sharply, older policies may be written at actual cash value — meaning depreciation is deducted from any claim payment. Georgetown homeowners should verify their policy pays replacement cost, not actual cash value.
New construction in Scott County: Georgetown’s growth has brought significant new construction. New homes need proper coverage from day one — during construction and after completion.
Horse property: Scott County has significant horse farm and equestrian property. Standard homeowners policies do not adequately cover horses, farm equipment, or farm structures. Separate farm and equine coverage is typically needed.
Flood Risk in Georgetown
North Elkhorn Creek and its tributaries run through parts of Scott County. Flooding is a real risk for some Georgetown properties. Standard homeowners insurance never covers flooding — a fact many homeowners learn the hard way after a weather event. Check FEMA’s flood map for your specific Georgetown address at msc.fema.gov.
