Cheapest Car Insurance In Kentucky 2024
Kentucky Farm Bureau provides the most affordable liability-only auto insurance in Kentucky, at $34 per month.
We’ve saved shoppers an average of $600 per year on their car insurance.
Kentucky Farm Bureau, a leader in the insurance industry, is known for its fair rates and dependable service.
Whether you’re a new driver, an experienced one, or a family looking to lower insurance costs, understanding what influences premiums and knowing where to look for good deals can save you money. After more than a decade of researching car insurance, I’ve condensed our findings into an easy-to-follow guide.
In this guide, we’ll explore the factors that determine your rates and offer tips on how to find the cheapest car insurance in Kentucky while maintaining proper coverage.
Cheapest Car Insurance Companies In Kentucky
Cheapest Liability-Only Car Insurance In Kentucky: Kentucky Farm Bureau
For those in Kentucky seeking minimum coverage, Kentucky Farm Bureau offers the best deal with monthly rates starting at $34 on average.
| Provider | Average Monthly Cost | Average Annual Cost |
| Kentucky Farm Bureau | $34 | $410 |
| Nationwide | $43 | $515 |
| Shelter | $51 | $608 |
| Westfield | $55 | $659 |
| Geico | $61 | $732 |
Drivers in Kentucky are required by law to carry a minimum level of car insurance to legally operate their vehicles. The standard minimum coverage includes liability insurance, which is split into two categories: bodily injury liability and property damage liability. Bodily injury liability helps cover medical expenses, rehab, and legal costs if you’re found at fault in an accident that injures others.
Property damage liability covers the cost of repairing or replacing someone else’s vehicle or property if you are responsible for the damage. The state mandates these minimum coverage amounts, although they may vary depending on factors such as your driving record and the type of vehicle you drive. It’s important to stay informed about these requirements to ensure you’re both legally compliant and financially protected.
Cheapest Kentucky Car Insurance For Young Drivers
Young adult drivers in Kentucky often benefit from lower car insurance costs compared to teenagers. This is because with maturity comes safer driving habits, resulting in fewer accidents and fewer insurance claims. Insurance companies take these factors into consideration and offer reduced premiums to young adults based on their improved safety records.
Cheapest Kentucky Car Insurance For 16-Year-Olds: Kentucky Farm Bureau
Kentucky Farm Bureau provides the most economical coverage for sixteen-year-olds, averaging $401 per month.
| Provider | Average Monthly Cost | Average Annual Cost |
| Kentucky Farm Bureau | $401 | $4,810 |
| Travelers | $414 | $4,973 |
| Auto-Owners | $437 | $5,248 |
| Geico | $414 | $4,973 |
| Shelter | $480 | $5,758 |
Cheapest Rates For 17-Year-Olds: Travelers
Travelers offers the best deal on insurance premiums for seventeen-year-olds, averaging just $372.
| Provider | Average Monthly Cost | Average Annual Cost |
| Geico | $420 | $5,038 |
| Travelers | $372 | $4,462 |
| Kentucky Farm Bureau | $410 | $4,918 |
| USAA | $425 | $5,098 |
| Auto-Owners Insurance | $415 | $4,978 |
Cheapest Kentucky Car Insurance For 18-Year-Olds: Travelers
Travelers offers the best deals for 18-year-olds, with an average monthly premium set at $324.
| Provider | Average Monthly Cost | Average Annual Cost |
| Geico | $400 | $4,798 |
| Travelers | $324 | $3,886 |
| USAA | $385 | $4,618 |
| Auto-Owners Insurance | $375 | $4,498 |
| Kentucky Farm Bureau | $378 | $4,534 |
Cheapest Kentucky Car Insurance For 21-Year-Olds: Travelers
For 21-year-olds, Travelers average monthly insurance premium is a budget-friendly $216.
| Provider | Average Monthly Cost | Average Annual Cost |
| Geico | $275 | $3,298 |
| Kentucky Farm Bureau | $282 | $3,382 |
| USAA | $257 | $3,082 |
| Progressive | $255 | $3,058 |
| Travelers | $216 | $2,590 |
Cheapest Full-Coverage Car Insurance In Kentucky: Auto-Owners
Full coverage car insurance through Auto-Owners is the most economical choice for Kentucky residents, averaging $78 monthly.
| Provider | Average Monthly Cost | Average Annual Cost |
| Auto-Owners | $78 | $938 |
| Shelter | $100 | $1,198 |
| Westfield | $175 | $2,101 |
| Allstate | $130 | $1,558 |
| Nationwide | $94 | $1,126 |
Full coverage auto insurance in Kentucky offers a more complete level of protection, combining state-required liability insurance with optional coverage like collision and comprehensive insurance. Collision coverage helps pay for vehicle repairs after an accident, no matter who’s responsible, while comprehensive insurance covers damage from non-collision events like theft or natural disasters.
This type of policy offers financial security in a variety of situations, making sure you’re protected both on and off the road. It’s important to go over your policy details, including limits and deductibles, to ensure you’re fully covered.
Cheapest Auto Insurance In Kentucky For Seniors: Auto-Owners
In Kentucky, Auto-Owners stands out for its affordable rates tailored to seniors, averaging $70 each month.
| Provider | Average Monthly Cost | Average Annual Cost |
| State Farm | $107 | $1,283 |
| Kentucky Farm Bureau | $108 | $1,295 |
| Geico | $113 | $1,354 |
| Progressive | $116 | $1,389 |
| Auto-Owners | $70 | $840 |
Seniors might enjoy lower car insurance rates because they’re often considered experienced and careful drivers. Insurers also take into account that many seniors drive fewer miles, reducing their exposure to accidents. In addition, some insurers offer specific discounts for senior drivers based on factors like their age and driving habits. Many seniors can also receive discounts by completing defensive driving courses, which help reinforce safe driving practices.
Cheapest Car Insurance In Kentucky For Good Drivers: Kentucky Farm Bureau
Drivers with a clean driving record in Kentucky can find the most affordable rates with Kentucky Farm Bureau, at $34 per month.
| Provider | Average Monthly Cost | Average Annual Cost |
| Kentucky Farm Bureau | $34 | $410 |
| Nationwide | $43 | $515 |
| Shelter | $51 | $608 |
| Westfield | $55 | $659 |
| Geico | $61 | $732 |
In Kentucky, car insurance costs for safe drivers may vary depending on factors like their driving history, age, and desired coverage. Generally, drivers with clean records can expect lower premiums because they pose less risk to insurers. They may also qualify for discounts for consistently maintaining a safe driving record.
It’s recommended that safe drivers compare quotes from multiple insurers to find competitive rates and coverage options that meet their specific needs.
Find Affordable Insurance In Kentucky
Cheapest Auto Insurance In Kentucky For Drivers With Poor Credit: Nationwide
Nationwide features the least expensive insurance rates in Kentucky for drivers dealing with poor credit, with monthly rates around $128.
| Provider | Average Monthly Cost | Average Annual Cost |
| State Farm | $267 | $3,204 |
| Kentucky Farm Bureau | $308 | $3,696 |
| Geico | $200 | $2,398 |
| Progressive | $190 | $2,278 |
| Nationwide | $128 | $1,534 |
Insurance companies in Kentucky frequently rely on credit scores to assess risk when determining car insurance rates. A lower credit score may indicate a higher likelihood of filing claims, leading to higher premiums for drivers with poor credit. Although insurance costs may be steeper for these drivers, comparing rates from multiple companies and exploring discount opportunities can help them secure more affordable coverage.
Cheapest Kentucky Car Insurance For Drivers With Prior Incidents
In Kentucky, drivers who have been involved in accidents, received speeding tickets, or been charged with DUIs frequently find it difficult to obtain affordable car insurance. These incidents label them as high-risk to insurance companies, leading to higher premiums to offset the anticipated increase in claims.
This situation is particularly evident in Kentucky due to its higher rate of traffic incidents. Insurers base their pricing strategies on statistical analyses that indicate a link between previous driving incidents and an increased probability of future claims.
Cheapest Auto insurance in Kentucky for drivers with a speeding ticket: Kentucky Farm Bureau
For drivers dealing with speeding tickets, Kentucky Farm Bureau offers the lowest average premiums at $110, making it an attractive option.
| Provider | Average Monthly Cost | Average Annual Cost |
| Kentucky Farm Bureau | $110 | $1,318 |
| Auto-Owners | $162 | $1,944 |
| State Farm | $175 | $2,100 |
| Travelers | $203 | $2,436 |
| Geico | $253 | $3,036 |
Cheapest rates in Kentucky for drivers with an at-fault accident: Kentucky Farm Bureau
For drivers dealing with at-fault accidents, Kentucky Farm Bureau offers the most budget-friendly premiums at $120 on average.
| Provider | Average Monthly Cost | Average Annual Cost |
| Kentucky Farm Bureau | $120 | $1,438 |
| State Farm | $178 | $2,136 |
| Travelers | $218 | $2,616 |
| Auto-Owners | $226 | $2,712 |
| Progressive | $312 | $3,742 |
Cheapest Rates In Kentucky For Drivers After A DUI: Kentucky Farm Bureau
Kentucky Farm Bureau provides the cheapest insurance rates at $201 on average, especially beneficial for those with a DUI.
| Provider | Average Monthly Cost | Average Annual Cost |
| Kentucky Farm Bureau | $201 | $2,412 |
| Travelers | $228 | $2,736 |
| Progressive | $307 | $3,684 |
| Auto-Owners | $377 | $4,524 |
| Allstate | $550 | $6,598 |
Average Cost Of Car Insurance In Kentucky – By Age
| Age | Average Monthly Cost | Average Annual Cost |
| 16 | $318 | $3,821 |
| 17 | $305 | $3,663 |
| 18 | $286 | $3,434 |
| 19 | $272 | $3,260 |
| 21 | $237 | $2,854 |
| 25 | $188 | $2,251 |
| 35 | $101 | $1,210 |
| 45 | $85 | $1,025 |
| 55 | $79 | $946 |
| 65 | $103 | $1,241 |
| 75 | $113 | $1,354 |
Average Cost In Kentucky – By Credit Tier
| Credit Tier | Average Monthly Cost | Average Annual Cost |
| Excellent | $103 | $1,240 |
| Good | $128 | $1,532 |
| Fair | $215 | $2,583 |
| Poor | $245 | $2,935 |
Cheapest Car Insurance In Kentucky – By City
| City | Average Monthly Cost | Average Annual Cost |
| Owensboro | $123 | $1,481 |
| Lexington | $131 | $1,575 |
| Bowling Green | $132 | $1,586 |
| Erlanger | $135 | $1,617 |
| Independence | $141 | $1,693 |
| Newport | $145 | $1,743 |
Average Cost In Kentucky – By Gender & Marital Status
| Gender | Marital Status | Average Annual Cost |
| Female | Single | $1,312 |
| Male | Single | $1,358 |
| Female | Married | $1,232 |
| Male | Married | $1,267 |
Minimum Car Insurance Requirements In Kentucky
To legally drive in Kentucky, you must have car insurance that includes liability coverage for both bodily injury and property damage, typically represented as 25/50/10—$25,000 per person, $50,000 per accident, and $10,000 for property damage. Additionally, Personal Injury Protection (PIP) is mandatory, covering medical expenses and lost wages.
Alternatively, drivers can select the Health Insurance Primary (HIP) option, where their health insurance covers medical costs instead of PIP, though it’s important to verify eligibility with your health insurer.
Car Insurance Discounts In Kentucky
It’s worthwhile to explore the various discounts car insurance companies offer based on your unique situation. Additionally, your insurance agent can help identify any potential savings you haven’t taken advantage of yet. Common discounts include:
- Safe Driver Discount: For drivers with a spotless driving record.
- Multi-Vehicle Discount: Savings for insuring several vehicles on the same policy.
- Bundling Discount: Combining policies, such as auto and homeowners insurance, can lead to lower premiums.
- Good Student Discount: Students with strong academic performance may qualify for this discount.
- Defensive Driving Course Discount: Completing a defensive driving course can help you save on your insurance premiums.
Our Methodology
To conduct our research, I used a systematic approach to gather and analyze data on different car insurance providers and their policies. First, I identified key aspects to assess, such as coverage options, pricing, customer satisfaction ratings, and financial stability. Next, I gathered information from reliable sources including insurance company websites, consumer review platforms, and industry reports. Once the data was collected, I categorized it and evaluated each insurer based on predetermined criteria. This involved comparing coverage options, premium rates, discounts offered, and customer feedback to determine the strengths and weaknesses of each provider.
Quotes Analyzed
Hours Of Research
Years Of Industry Experience
Brands Reviews
FAQs
How much is car insurance a month in Kentucky?
Monthly car insurance expenses in Kentucky are influenced by factors like age, driving record, and the coverage choices made.
What is the minimum car insurance one must have in Kentucky?
Minimum car insurance in Kentucky must include liability coverage for bodily injury and property damage, in addition to mandatory Personal Injury Protection (PIP) coverage.
Which insurance is better in Kentucky?
Choosing the right insurance in Kentucky relies on personal preferences, driving habits, and coverage needs. It’s a good idea to compare quotes from multiple insurers to find the best option.
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