The cheapest car insurance companies in Kentucky are GEICO, Travelers, and State Farm. Kentucky drivers can save up to $3,442 per year on car insurance just by shopping around and comparing quotes.
Cheap car insurance in Kentucky isn’t always easy to find because Kentucky requires more coverage than most states. In addition to liability insurance, drivers in Kentucky need personal injury protection and uninsured motorist coverage, if they don’t opt-out of the state’s no-fault system. That drives up the average cost of state minimum coverage to nearly $1,000 per year, while the national average is just $716. But since Kentucky is a mostly rural state, there are fewer drivers, fewer accidents, and smaller insurance payouts compared to many other states. That means the cost of car insurance in Kentucky isn’t as high as it could be. In fact, Kentucky ranked 39th in our cheap car insurance study.
Finding the cheapest auto insurance in Kentucky is important, especially since some companies charge much more than others for the same coverage. Drivers who compare rates and go with one of the lowest quotes can save big. Many Kentucky drivers can save as much as $3,442 per year, or even more, just by shopping around and going with one of the cheapest quoted rates. To help Kentucky drivers compare rates, WalletHub analyzed quotes from all major insurance companies using multiple driver profiles and zip codes in the state. Check out some of our top picks below. You can also compare the cheapest companies to the best car insurance companies in Kentucky to make sure you find the right fit.
Cheapest Insurance Rates by Category
Cheap for Good Drivers
Cheap for Full Coverage
Cheap for Speeding Ticket
Cheap for One At-Fault Accident
Cheap for Poor Credit
Cheap for Young Drivers
Cheap for Old Drivers
Cheap for Drivers with a DUI
Cheap for Married Drivers
Cheapest Car Insurance in Kentucky for Good Drivers
GEICO has the cheapest car insurance for most good drivers in Kentucky. Drivers who have never had an accident or received a citation are considered good drivers by insurers and pay less for insurance than drivers with bad records. In addition to low rates, good drivers can often qualify for additional discounts from their insurance company.
Cheapest Car Insurance in Kentucky for Full Coverage
Full coverage refers to a policy that goes beyond the minimum state requirements. Because full coverage protects you in more situations, it costs more than minimum coverage.
After a speeding ticket, most drivers will see their insurance rates go up for 3-5 years. It’s important to keep in mind that each insurance company calculates rates differently, so you should always get multiple quotes in order to make sure that you get the best deal.
Cheapest Car Insurance in Kentucky for Drivers with One At-Fault Accident
One at-fault accident will usually affect your insurance negatively for 3-5 years as insurers will consider you high-risk. Because of your higher rates, it is even more important to comparison shop.
Cheapest Car Insurance in Kentucky for Drivers with Poor Credit
A low credit score often flags drivers as higher risk, so insurers will usually charge them more for coverage. However, since insurers use different formulas to calculate premiums, poor credit might affect your rates more with one company than another. Because each insurance company treats credit differently, it pays to compare quotes.
Cheapest Car Insurance in Kentucky for Young Drivers
Since young drivers have less experience behind the wheel, insurers tend to charge them higher rates than more mature drivers. On average, most drivers will see their rates drop as they get older with a considerable decrease once they turn 25 years old.
Cheapest Car Insurance in Kentucky for Older Drivers
Although mature drivers pay less for car insurance than teens, older drivers start to see their rates go up as they enter their senior years. Comparing car insurance rates can save older drivers hundreds of dollars a year.
Cheapest Car Insurance in Kentucky for Drivers with a DUI
Drivers who have a DUI on their record typically experience much higher rates than drivers with a clean driving record or people with a history of less severe violations. A DUI usually affects your insurance rates for 3-10 years, but the violation itself may stay on your driving record for much longer than that.
To identify the cheapest post-DUI insurance companies, WalletHub compared rates for a 45-year-old, single man, with minimum coverage, one DUI, and good credit across major insurers.
Cheapest Car Insurance in Kentucky for Married Drivers
Married drivers typically enjoy cheaper car insurance rates than drivers who are single. Auto insurance companies generally view drivers who are married as more responsible and less of a risk to insure. To help married drivers further reduce their insurance costs, WalletHub compared major insurance companies’ rates for a 45-year-old, married man with minimum coverage, a clean driving record, and good credit.
Cheapest Cities for Car Insurance in Kentucky
City
Premium
Increase vs. Cheapest City
Owensboro
$1,496
0.0%
Villa Hills
$1,582
5.7%
Madisonville
$1,582
5.7%
Erlanger
$1,602
7.1%
Independence
$1,618
8.2%
Newport
$1,625
8.6%
Bowling Green
$1,638
9.5%
Florence
$1,639
9.6%
Murray
$1,644
9.9%
Covington
$1,651
10.4%
Hopkinsville
$1,681
12.4%
Richmond
$1,702
13.8%
Henderson
$1,711
14.4%
Frankfort
$1,718
14.8%
Georgetown
$1,719
14.9%
Lexington
$1,746
16.7%
Berea
$1,750
17.0%
Winchester
$1,761
17.7%
Paducah
$1,771
18.4%
Nicholasville
$1,784
19.3%
Glasgow
$1,789
19.6%
Ashland
$1,807
20.8%
Elizabethtown
$1,900
27.0%
Shelbyville
$1,916
28.1%
Somerset
$2,027
35.5%
Bardstown
$2,064
38.0%
Jeffersontown
$2,130
42.4%
Shepherdsville
$2,136
42.8%
Corbin
$2,336
56.1%
London
$2,414
61.4%
Louisville
$2,931
95.9%
The table above reflects the average annual cost of car insurance in Kentucky’s largest cities and towns.
Factors That Affect Car Insurance Premiums in Kentucky
Recap: Cheapest Auto Insurance Companies in Kentucky
The cheapest car insurance company in Kentucky is GEICO, which charges an average of $74 per month for state-minimum coverage. In addition to being the cheapest auto insurer for Kentuckians overall, it is the cheapest option for a number of specific categories, such as full coverage and insurance for good drivers.
For your convenience, we’ve summarized the cheapest companies overall below.
6 Tips for How to Get Cheap Car Insurance in Kentucky
1. Compare quotes from both national and regional insurers
Don’t forget to include local insurance companies in your search for cheap car insurance. In Kentucky, regional insurers like Erie Insurance, Alfa Insurance, and Farm Bureau Insurance might have lower rates than national companies like State Farm, GEICO, and Nationwide and have comparable customer satisfaction ratings.
2. Know the factors affecting insurance in Kentucky
Everyone knows that your driving habits and claims history affect how much you pay for car insurance. But in Kentucky, companies can also consider your age, gender, credit history, marital status, and more when setting premiums. The car you drive, your annual mileage, and even some factors beyond your control all impact the price of insurance.
3. Choose coverage that is right for you
You need liability insurance to pay for the other driver’s damages if you’re at fault in an accident in Kentucky. Collision and comprehensive coverage, on the other hand, are optional and may be unnecessary if you own an older car. Usage-based insurance might be a better fit than a standard policy for low-mileage drivers, and going with a higher deductible or lower coverage limits costs less, too.
Don’t skimp on the coverage you need, but do make informed choices. That way, you won’t end up paying for more car insurance than you need.
4. Live in less expensive zip codes
Car insurance prices can vary a lot based on zip code in Kentucky. On average, drivers in the most expensive parts of Kentucky spend over $1,700 more per year on car insurance than those living in the least expensive areas.
5. Search for discounts
Top car insurance companies in Kentucky have a variety of discounts, so almost anyone can find ways to save. You may be able to get a discount if you’re a student, veteran, good driver, homeowner, willing to go paperless, and more.
6. Maintain coverage
You’ll see higher rates if you let your insurance lapse, even if you don’t own a car. Kentucky drivers who don’t maintain continuous coverage pay an average of 11% more than those with five or more years of insurance history.
Video: Cheap Auto Insurance in Kentucky
Methodology for Selecting the Cheapest Auto Insurance in KY
WalletHub’s analysis of cheap car insurance companies in Kentucky is based on data from the Kentucky DMV and Quadrant Information Services. Together with that data, WalletHub used the characteristics listed below to create 40 different driver profiles designed to identify the cheapest car insurance companies for Kentucky drivers in a collection of key categories. For each profile, WalletHub compared quotes among top Kentucky car insurance companies by averaging premiums from 34 zip codes that represent at least 20% of Kentucky's population. Military-specific companies like USAA were only considered for the military-specific category, due to their eligibility restrictions. In some cases, they may still be the best option overall for eligible drivers.
In the table below, you can see all of the profile characteristics that were used in WalletHub’s analysis, in addition to the specific subset of characteristics that make up our Good Driver profile.
Clean, One Speeding Ticket, One At-Fault Accident, One DUI, Suspended License, Open Container, Red Light Infraction, Reckless Driving, One Not At-Fault Accident
Clean
Miles Driven Per Year
7,500 Miles, 15,000 Miles, 20,000 Miles
15,000 Miles
Coverage Level
Minimum, Standard, Full
Minimum
Discounts
None, Multi-Policy, Homeowner, Student
None
Credit Level
Poor, Good
Good
Filings
None, SR22, FR44
None
Car
Sedan, Minivan, SUV, Coupe, Truck
Sedan
Below are additional details regarding the terminology and specific characteristics of the variables in the above table:
Minimum Coverage: Coverage requirements of $25,000 in bodily injury liability per person, $50,000 in bodily injury liability per accident, $25,000 in property damage liability, and $10,000 in personal injury protection as required by Kentucky's minimum coverage requirements.
Standard Coverage: Coverage levels of 50k/100k/25k of liability coverage, 50k/100k/25k of uninsured motorist coverage and $10,000 of personal injury protection.
Full Coverage: Coverage levels of 100k/300k/50k of liability coverage, 100k/300k/50k of uninsured motorist coverage, collision and comprehensive coverage with a $500 deductible and $10,000 of personal injury protection.
Sedan: 2018 Toyota Camry.
Minivan: 2018 Dodge Grand Caravan.
SUV: 2018 Toyota RAV4.
Coupe: 2018 Ford Mustang.
Truck: 2018 Ford F-150.
Where driver profiles are not specified, WalletHub averaged Kentucky insurance quotes across 40 different driver profiles, using the above variables. Quote information is from Quadrant Information Services and is representative only. Individual rates will be different.
Questions & Answers
Finding the cheapest car insurance in Kentucky can be tough. But you’ve got the knowledgeable WalletHub community on your side. Other consumers have a wealth of knowledge to share, and we encourage everyone to do so while respecting our content guidelines.
Car insurance in Kentucky costs $69 per month or $827 per year for minimum coverage, on average. The cheapest car insurance companies in Kentucky are GEICO, USAA, and Cincinnati Insurance, and getting quotes from several companies can help you find the best deal.
The average cost of car insurance in Kentucky is 23% higher than the national average auto insurance premium. There are several factors that affect how much you'll pay for car insurance in Kentucky, including your driving record, age and location, the amount of coverage you purchase, and the insurance company you buy it from.
Average Cost of Car Insurance in Kentucky by Category
After an at-fault accident: $273 per month
Driver with poor credit: $131 per month
Teen driver: $311 per month
After a DUI: $174 per month
Average Cost of Car Insurance in Kentucky by Company
Note: Rates are an approximation based on a driver in Kentucky with minimum coverage and a clean driving record. Actual rates will vary.
How to Lower the Cost of Car Insurance in Kentucky
Shop around and compare quotes. We recommend comparing quotes from at least three different insurance companies to make sure you are getting the best rate.
Choose a higher deductible. Your deductible is the amount you have to pay out of pocket before your insurance kicks in. Choosing a higher deductible can lower your premiums but means you will have to pay more out-of-pocket when you file a claim.
Consider lowering your coverage. Consider purchasing only the minimum amount of coverage required by your state, rather than purchasing higher limits or a full coverage policy.
Look for discounts you may be eligible for. For instance, most insurance companies offer a good-driver discount for customers with a clean driving record, a good-student discount, or a discount for paying your premiums in full up front.
GEICO has the cheapest full coverage car insurance in Kentucky, charging an average of $206 per month or $2,472 per year. This is cheaper than the $4,834 per year drivers pay for full coverage in Kentucky on average.
The city in Kentucky with the least expensive auto insurance premiums is Owensboro, which has an average annual premium of $1,496 per year. By comparison, the overall average cost of car insurance in Kentucky is $1,896 per year.
You can get car insurance discounts in Kentucky based on how you drive, the car you own, and your relationship with your insurance company. In Kentucky, car insurance companies are allowed to consider factors such as employment, residential, and marital status when setting premiums. That means there are also discounts available for being married, owning a home, or being affiliated with certain employers or educational institutions.
Almost anyone can get a discount on car insurance...
State Farm has the cheapest insurance in Kentucky for drivers who have committed SR-22-type violations, charging an average of $579 per year. Kentucky is one of 12 states that do not require high-risk drivers to file an SR-22 form as proof of insurance.
Even though drivers in Kentucky are not required to file an SR-22, coverage can still be a lot more expensive than average for risky drivers. For example, drivers in Kentucky can expect...
To get the best high-risk auto insurance in Kentucky, you should compare quotes from at least three different insurance companies. The best high-risk auto insurance companies in Kentucky are USAA, GEICO, and Travelers because they offer the most competitive rates for high-risk drivers. You should also practice safe driving habits moving forward, so you can get even lower rates in the future.
Best High-Risk Auto Insurance Companies in Kentucky
The best car insurance in Kentucky for drivers with a DUI is from State Farm, USAA, and Travelers. Getting a DUI in Kentucky will raise your insurance premiums by around 152%, bringing the cost of minimum coverage to $2,082 per year for the average Kentucky driver. You can minimize the cost of post-DUI car insurance by comparing quotes from the cheapest companies.
The cheapest car insurance in Kentucky costs an average of $64 per month ($768 per year), which is significantly less expensive than the national average cost of car insurance. Some of the cheapest car insurance companies in Kentucky include USAA, GEICO, and Kentucky Farm Bureau.
Kentucky law requires you to have $25,000 in coverage for one person's bodily injury or death, up to $50,000 total per accident. Kentucky also requires you to carry at least $25,000 in coverage for other people's property damage when you are at fault.
The best car insurance for young drivers in Kentucky is from GEICO, which is rated highly by WalletHub's editors for its discounts, customer reviews, ability to pay out claims, and competitive rates for young drivers. GEICO charges young drivers an average of $82 per month, while the state average is $180 per month.
Car Insurance is a necessary expense if you’re a driver, but trying to find the cheapest rates can be a time-consuming process. To gain more insight about getting cheap car insurance while still having quality coverage, WalletHub posed the following questions to a panel of experts in Kentucky. Click on the experts below to view their bios and answers.
What does it say about car insurance companies that so many have celebrity endorsers?
Do you think it’s fair to say that car insurance companies try to mislead customers or is it just marketing?
Is it fair for car insurance companies to consider gender or age when setting premiums?
Is it fair for car insurance companies to consider a driver’s occupation when setting premiums?
Do you think car insurance companies are fair to college students?
What advice do you have for new drivers when it comes to car insurance?
How do you think increased adoption of electric vehicles will change the car insurance landscape?
To what extent has technology disrupted the car insurance industry relative to others?
Jordan Loucks Ph.D., Professor of Finance and Business Administration, Kentucky Wesleyan College Read More
Steven G. Koven Ph.D., Professor, Department of Urban and Public Affairs, University of Louisville Read More
Amber M. Chatelain – DBA, Ed.D., Associate Professor of Marketing, School of Business, Equine and Sports Studies, Midway University Read More
Malcolm Robinson Ph.D., Professor of Economics, College of Business, Thomas More University Read More
Haleh S. Karimi Assistant Professor of Management, Rubel School of Business, Bellarmine University Read More
P.S. Raju Ph.D., Professor & Chair, Marketing Department, College of Business, University of Louisville Read More
