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Best Cheap Car Insurance in Kentucky for 2020

Jan. 2, 2020
Auto Insurance, Insurance
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It’s important to shop around when looking for cheap car insurance in Kentucky, where rates are relatively high. Prices for the same set of coverages can change dramatically from one company to the next, so you’ll benefit from comparing as many estimates as possible.

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To make things easier, NerdWallet researched rates from the 11 largest insurers in the state and found the five cheapest options for several types of drivers.

Cheapest for good drivers in Kentucky

For Kentuckians with clean driving and credit histories, the cheapest car insurance companies and their average rates for full coverage policies are:

  1. Kentucky Farm Bureau: $1,365 per year.
  2. Geico: $1,703 per year.
  3. Safeco: $1,786 per year.
  4. Auto Owners: $1,798 per year.
  5. State Farm: $1,980 per year.
Drivers with no recent accidents or violations can get cheaper car insurance rates for having good credit. For this calculation, NerdWallet averaged rates for 40-year-old men and women with a clean driving record and good credit. In terms of driving and credit history, a large portion of drivers are closest to this profile, which carries standard "full coverage" insurance, including comprehensive and collision, along with state-required coverage. Prices shown include a good driver discount, when available from the insurer.

Cheapest for minimum coverage in Kentucky

For bare-bones auto insurance in Kentucky, these are the cheapest companies and their average rates for minimum required coverage, assuming good credit and a clean driving record:

  1. Kentucky Farm Bureau: $544 per year.
  2. Geico: $731 per year.
  3. Safeco: $780 per year.
  4. State Farm: $788 per year.
  5. Auto Owners: $840 per year.
We calculated these numbers by averaging rates for 40-year-old good drivers (earning them a discount if the insurer offers one) who have only the minimum mandatory insurance in their state. Such light coverage isn't typically recommended since it might not cover all the bills resulting from a car accident, but it's better than nothing — especially if you can't afford much more. If you're looking for the cheapest possible insurance you can get, though, you'll still want to get car insurance quotes from at least three auto insurers.

Cheapest for good drivers with poor credit

Kentucky drivers who have blemished credit and good driving records may want to consider these insurers, which returned the cheapest average rates for full coverage:

  1. Geico: $2,411 per year.
  2. Safeco: $3,791 per year.
  3. Auto Owners: $3,822 per year.
  4. State Farm: $3,921 per year.
  5. Shelter: $4,164 per year.
If you have a spotty credit history, it's important to shop around to find the cheapest auto insurance rates you can. Poor credit can have a bigger effect on car insurance premiums than even a DUI conviction or a recent at-fault crash, but prices vary by insurer. To calculate these figures, NerdWallet averaged rates for 40-year-olds with a clean driving record and associated good driver discount, if the insurer offered one. They had poor credit as reported to their insurer, and standard "full coverage" car insurance.

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Cheapest for drivers with one at-fault crash

For Kentucky drivers who recently caused an accident, here are the cheapest insurance companies and their average rates for full coverage:

  1. Kentucky Farm Bureau: $1,793 per year.
  2. Auto Owners: $2,315 per year.
  3. Geico: $2,381 per year.
  4. State Farm: $2,383 per year.
  5. Safeco: $2,743 per year.
After a relatively minor crash, some auto insurers will charge a lot more than others for coverage. To get these figures, we averaged rates for 40-year-olds with typical "full coverage" insurance and one recent at-fault crash costing $10,000 in property damage. Your rates will remain high for three to five years after you cause an accident or have a moving violation — and you still may be rejected for coverage from certain companies, including those above. If you fall into this category, be sure to shop for new insurance rates just after the three-year and five-year anniversaries of your infraction.

Cheapest insurance after a DUI in Kentucky

When a Kentucky resident’s driving record includes a recent DUI, these are the cheapest insurers, ranked by average rate for full coverage:

  1. Safeco: $2,155 per year.
  2. State Farm: $2,771 per year.
  3. Progressive: $2,772 per year.
  4. Kentucky Farm Bureau: $3,059 per year.
  5. Geico: $3,091 per year.
A conviction for driving under the influence, or DUI, generally results in higher auto insurance premiums than before. NerdWallet analyzed rates for 40-year-old drivers and standard “full coverage” car insurance with a recent DUI conviction to see which companies were cheapest. Be warned that you may be rejected for coverage, including from the companies listed above. Rates can vary by hundreds between carriers after a DUI, and some penalize for longer than others, so it’s important to shop around for the best available price right after you see a price hike and each year after that.

Cheapest insurance after a ticket in Kentucky

For Kentuckians with a recent speeding ticket on their records, the cheapest auto insurers and their average rates for full coverage are:

  1. Kentucky Farm Bureau: $1,365 per year.
  2. Safeco: $1,925 per year.
  3. Geico: $1,969 per year.
  4. State Farm: $2,179 per year.
  5. Auto Owners: $2,456 per year.
Getting a speeding ticket will result in higher car insurance rates from most companies for three to five years. To see who has the cheapest rates, we calculated average car insurance rates for 40-year-old drivers with “full coverage” insurance and a recent ticket for speeding 16 mph over the limit. Though these larger companies were the cheapest we found on average, others may be cheaper for you, so be sure to get at least three quotes before deciding on a carrier.

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Cheapest for couples and families in Kentucky

The best car insurance rates for couples and families may turn up in different places than the cheapest companies for single drivers. Because of this, it’s a good idea to shop around for auto insurance quotes after any major change in your life, such as getting married or adding a newly licensed driver.  We analyzed rates for a 50-year-old couple, with and without a teen driver on the policy, to see which insurers have the best prices for families in Kentucky.

Cheapest for a married couple in Kentucky

For a husband and wife, both 50 years old with clean credit and driving records, these are the cheapest car insurance companies and their average rates in Kentucky for full coverage on two vehicles:

  1. Kentucky Farm Bureau: $1,732 per year.
  2. Safeco: $2,302 per year.
  3. Auto Owners: $2,436 per year.
  4. Geico: $2,715 per year.
  5. Progressive: $2,759 per year.
Couples who live together can save on auto insurance by combining policies, whether they are married or not, because they can earn multi-car and multi-driver discounts. Once they tie the knot, rates can dip further, but not because of discounts — insurers see married people as less risky and so charge them lower rates. Our hypothetical 50-year-old couple’s clean driving record also earns them both a good driver discount.

Cheapest for families with a teen in Kentucky

For a 50-year-old Kentucky couple plus an 18-year-old driver, here are the cheapest insurers and average rates for two vehicles with full coverage:

  1. Kentucky Farm Bureau: $3,602 per year.
  2. Geico: $3,976 per year.
  3. Safeco: $4,330 per year.
  4. Auto Owners: $4,639 per year.
  5. Allstate: $4,974 per year.
Adding a teen with two years’ driving experience to a married couple's policy is sure to cause a big jump in rates. Since different insurers tend to see a teen’s inexperience in different ways, we analyzed rates to see which companies had the cheapest car insurance for teens. These rates are averaged for 50-year-old couples with male and female 18-year-old drivers.

Cheapest for young drivers in Kentucky

“Cheap” isn’t a word that drivers in their 20s typically associate with car insurance. Rates can be high for young, inexperienced drivers. But companies evaluate personal factors like age and experience differently, so prices will vary quite a bit. To see which insurers are cheapest for young drivers, we checked rates for 25-year-olds in Kentucky.

Cheapest full coverage for young good drivers

For 25-year-old Kentuckians with good credit and a clean driving record, the cheapest insurance companies and average rates for full coverage are:

  1. Kentucky Farm Bureau: $1,799 per year.
  2. Geico: $1,954 per year.
  3. Safeco: $2,087 per year.
  4. State Farm: $2,277 per year.
  5. Auto Owners: $2,295 per year.
Drivers in their 20s can have a hard time finding cheap car insurance, and that's even truer when they need full coverage. The rates above are averages for 25-year-old male and female drivers with comprehensive and collision coverages, which are often required for drivers with active auto loans or leases. These rates reflect a good driver discount. Young drivers, like all drivers, should check several quotes to find the cheapest for the coverage levels they need.

Cheapest minimum coverage for young good drivers

For young drivers who want only Kentucky’s minimum required auto insurance, these are the cheapest companies and average rates:

  1. Kentucky Farm Bureau: $721 per year.
  2. Geico: $828 per year.
  3. Safeco: $848 per year.
  4. State Farm: $896 per year.
  5. Auto Owners: $1,007 per year.
Since young people often have fewer assets to protect with liability insurance, they can usually get away with lower coverage limits. For an age group with relatively high insurance rates on average, that's good news, keeping rates as low as possible. For this price set, we averaged rates for 25-year-old male and female drivers who have clean driving records, good credit and bare-bones insurance coverage.

Poor credit and minimum coverage

Young drivers in Kentucky with poor credit and a good driving record may want to get quotes from these insurers, which showed the cheapest average rates for minimum coverage:

  1. Geico: $1,007 per year.
  2. Safeco: $1,783 per year.
  3. State Farm: $1,785 per year.
  4. Progressive: $1,881 per year.
  5. Allstate: $2,101 per year.
Poor credit is common for younger folks just starting out, who may still be building their credit files. That can increase rates further, so it's extra important to shop around and compare as many insurance quotes as possible to find the cheapest you can get. For these prices, we averaged rates for 25-year-old male and female drivers with no recent accidents or violations (earning them a good driver discount), minimum coverage car insurance, and credit in the "poor" tier as reported to an insurer.

Cheapest for minimum coverage after a crash

For 25-year-old Kentucky drivers with a recent at-fault accident on their record, the cheapest companies and average rates for minimum required insurance are:

  1. Kentucky Farm Bureau: $950 per year.
  2. Geico: $1,062 per year.
  3. State Farm: $1,111 per year.
  4. Safeco: $1,244 per year.
  5. Auto Owners: $1,376 per year.
To get prices for this group, we averaged rates for 25-year-old male and female drivers with good credit and a recent at-fault crash costing $10,000 in property damage. Since car insurance is often pricier after a crash, and especially so for young drivers, we assumed minimum required insurance in the state to contain costs for our hypothetical driver. Depending on your situation, you may still be rejected for coverage, including from the companies listed above. If you've caused a crash, no matter your age, be sure to check auto insurance quotes just after the third and fifth anniversaries of your incident, when insurers often adjust rates downward.

Cheapest for minimum coverage after a DUI

When a young driver in Kentucky has a recent on-record DUI, here are the cheapest insurers and average rates for minimum coverage:

  1. Safeco: $975 per year.
  2. Progressive: $1,227 per year.
  3. State Farm: $1,326 per year.
  4. Geico: $1,328 per year.
  5. Allstate: $1,540 per year.
Young drivers with a recent DUI on their records will need to be diligent to find the lowest car insurance rates they can get — it's likely that many companies' rates will be quite expensive. Depending on the circumstances, you may be rejected for coverage, including from the companies listed above. But spending the time to shop around for quotes can help you find the lowest price from a company available to you. For this analysis, we averaged rates for male and female 25-year-old drivers with a recent DUI conviction. They had good credit and minimum required car insurance, which helps keep rates down.

Cheapest for minimum coverage and a ticket

For a 25-year-old Kentuckian whose driving record includes a recent speeding ticket, these are the cheapest companies and average rates for minimum required insurance:

  1. Kentucky Farm Bureau: $721 per year.
  2. Safeco: $895 per year.
  3. Geico: $897 per year.
  4. State Farm: $998 per year.
  5. Progressive: $1,345 per year.
Getting a speeding ticket is never fun, and neither is the higher car insurance bill you may receive months later. At that point, it's time to shop around for better rates, and it wouldn't hurt to repeat on your third and fifth ticket anniversaries, when insurers may adjust rates downward. We analyzed rates for 25-year-old male and female drivers with a recent speeding violation for going 16 mph over the speed limit to see prices for this group.

Cheap for military families

Cheap car insurance for drivers with a military connection is often available through USAA, which offers coverage exclusively for active service members, veterans and their families. Because USAA isn’t available to everyone, NerdWallet didn’t rank it in the lists above, but USAA was among the three cheapest options in Kentucky for every driver category.

Recap: Cheapest car insurance in Kentucky

  • Good drivers: Kentucky Farm Bureau
  • Minimum coverage: Kentucky Farm Bureau
  • Poor credit: Geico
  • After an at-fault crash: Kentucky Farm Bureau
  • After a DUI: Safeco
  • After a speeding ticket: Kentucky Farm Bureau
  • Married couples: Kentucky Farm Bureau
  • Families with a teen: Kentucky Farm Bureau
  • Young good drivers: Kentucky Farm Bureau
  • Minimum coverage for young good drivers: Kentucky Farm Bureau
  • Minimum coverage for young drivers with poor credit: Geico
  • Minimum coverage for young drivers after a crash: Kentucky Farm Bureau
  • Minimum coverage for young drivers after a DUI: Safeco
  • Minimum coverage for young drivers after a ticket: Kentucky Farm Bureau

» MORE: Compare car insurance

Minimum required auto insurance in Kentucky

Kentucky car insurance policies must include liability coverage and personal injury protection in at least the following amounts:

  • $25,000 bodily injury liability per person.
  • $50,000 bodily injury liability per incident.
  • $25,000 property damage liability per incident.
  • $10,000 PIP.

Alternatively, policies with a combined single limit of $60,000 also satisfy the minimum requirement, according to the state’s website. Keep in mind that these are only the bare essentials. A serious at-fault crash could easily leave damages that surpass these limits, which is why most drivers can benefit from purchasing more than the minimum liability coverage.

Check out NerdWallet’s rundown of car insurance requirements by state for more details on how your Kentucky auto insurance policy works and optional coverages you might want, such as collision and comprehensive insurance.

Alternative car insurance in Kentucky

Drivers who’ve been denied car insurance on the voluntary market, due to a checkered driving record or other factors, can seek coverage through the Kentucky Automobile Insurance Plan.

Try NerdWallet’s car insurance comparison tool to view estimates from leading companies side-by-side and possibly save hundreds of dollars on your premium.

Methodology

For our “good driver” profile, NerdWallet averaged rates from the largest insurers in the state for 40-year-old men and women in all ZIP codes with 12,000 annual miles driven. The policy includes:

  • $100,000 bodily injury liability per person.
  • $300,000 bodily injury liability per accident.
  • $50,000 property damage liability per accident.
  • $100,000 uninsured motorist coverage per person.
  • $300,000 uninsured motorist coverage per accident.
  • Collision coverage with a $1,000 deductible.
  • Comprehensive coverage with a $1,000 deductible.
If required, minimum additional coverages were added and "good driver" discounts were automatically applied. Our “young driver” had all the same characteristics, but average rates were for 25-year-old men and women. We used a 2016 Toyota Camry LE for all single drivers. We used the same assumptions for all other driver profiles, with the following exceptions:

  • For drivers with minimum coverage, we adjusted the numbers above to reflect minimum required coverage by law in the state.
  • We changed the credit tier from “good” to “poor” as reported to the insurer to see rates for drivers with poor credit.
  • For drivers with one at-fault crash, we added a single at-fault crash costing $10,000 in property damage.
  • For drivers with a ticket, we added a single speeding violation for driving 16 mph over the speed limit.
  • For drivers with a DUI, we added a single drunken driving violation.
Couples in our analyses were 50-year-old men and women with good credit and clean driving histories, averaged across all ZIP codes with the same policy outlined above. To see rates for families with a teen, we added an 18-year-old licensed two years ago, averaging rates for male and female teens. For couples and families we added a 2016 Nissan Rogue S to create a two-car household.

In all cases, a paperless discount, e-signature discount and electronic funds transfer discount were automatically applied. These are rates provided by Quadrant Information Services. Your own rates will be different.

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