Is Kentucky National Insurance A Good Company?

Kentucky National Insurance is the insurance branch of First Kentucky Insurance LLC. As you might expect from the name, they are based out of Lexington, Kentucky. Kentucky National Insurance was purchased by First Kentucky Insurance during the economic turmoil of 2007-2008. They are positioned as a localized insurance company with a strong financial foundation.

Neither Kentucky National Insurance nor the parent company, First Kentucky Insurance LLC, is rated by the A.M. Best financial ratings company. This simply means that, for whatever reason, the A.M. Best Company was not able to provide a rating for the company. This is common with specialty property insurance and other niche products.

Read car and home insurance reviews.

What Sets Kentucky National Insurance Apart?

According to the company, KNI was founded on insurance product management principles of putting the customer first. Even though they have a relatively small coverage area, the company has a growing market share based in part on the dedication of their agents.

Kentucky National Insurance is distributed by independent agents and brokers. So they get paid on commission for quoting and selling policies. They also get paid for the continued servicing of policies. In many instances, this leads to the building of trust and an ongoing relationship with a lines carrier specialist. 

KNI may incentivize brokers to promote their products. Ultimately, one of the appeals of independent brokers is they can sell for multiple companies to find the right option for their client.

Kentucky National Insurance has built assets of over 2 billion dollars. They may have a small coverage area, but the company is financially strong and poised for future growth as they expand into other locations.

Will Kentucky National Insurance Products Meet Your Needs?

Insurance Products Offered Kentucky National Insurance provide a complete selection of property and dwelling insurance plans. Property and casualty insurance options are tailored to clients with different needs.

Vehicle insurance is available for cars, trucks, boats, motorcycles, recreational vehicles, and all-terrain vehicles. Property insurance is available for home owners, renters, condo owners and specialty fire and dwelling coverage.

When an insurance claim is filed, reviews indicate Kentucky National Insurance processes it quickly for a positive insurance-related experience.