The best cheap car insurance in Kentucky

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Car insurance is fairly affordable for Kentucky drivers. The average driver pays $896.33, about $100 less than the US national average, according to the Insurance Information Institute. But, that’s not to say that there aren’t still some ways to save if you’re willing to put in a few minutes of work. 

Shopping around for coverage is the best way to make sure you’re getting the best price for you. Your premium, or the amount you’ll pay for auto insurance coverage, depends on several factors, including things like your credit score, the type of car you drive, how many years of driving experience you have, and even where you live in Kentucky. 

Every company weighs these factors differently, so getting quotes from different companies and comparing them is the best way to find the most affordable policy for you.  

The following are the most popular car insurance companies in Kentucky, based on the percentage of insured Kentucky drivers who use them:

Company Market share (%)
State Farm 21.63
Kentucky Farm Bureau 18.24
Progressive 10.79
Liberty Mutual 7.14
GEICO 6.52
Allstate 6.16
USAA* 5.12
Erie Insurance 2.18
Auto-Owners Insurance 2.07
Travelers 1.95
Nationwide 1.88
Shelter Insurance 1.83
State Auto 1.65
Root Insurance 1.44
MetLife 1.26
Safe Auto Insurance 1.19
Grange Insurance 1.02
Auto Club Insurance Association 0.98
Alfa Mutual Group 0.93
The Cincinnati Insurance 0.82
Kentucky National Insurance 0.75
The Hartford 0.71
Westfield Insurance 0.55
CSAA Insurance 0.45
Sentry 0.34

*USAA is only for active military, veterans, and their families.

Data from S&P Global Intelligence

Customer satisfaction with car insurance providers may factor into your decision. According to J.D. Power, a consumer research company that surveys customers, these are the top car insurance companies in the Southeast region (which includes Kentucky):

  1. Farm Bureau Insurance TN
  2. Erie Insurance
  3. Alfa Insurance
  4. GEICO
  5. Auto-Owners Insurance
  6. North Carolina Farm Bureau
  7. Kentucky Farm Bureau
  8. Region Average
  9. Progressive
  10. Allstate 
  11. Safeco
  12. State Farm
  13. Farmers
  14. National General
  15. Nationwide
  16. Travelers
  17. Liberty Mutual
  18. MetLife

Consumer Reports compiled a list of all car insurance pricing formulas from all companies in every state. It used an average single adult driver to find the best pricing in each state, and found that three companies came out on top for three different credit levels. Here are the three best companies and their average price for coverage:

Drivers with excellent credit, FICO score 800-850, will see some of the best average rates on car insurance.

  • GEICO car insurance: $1,017 per year
  • USAA car insurance: $1,040 per year
  • Kentucky Farm Bureau car insurance: $1,124 per year

Drivers with good credit, FICO score 670-739, will see the best coverage from these three companies, on average:

  • GEICO car insurance: $1,066 per year
  • USAA car insurance: $1,259 per year
  • Kentucky Farm Bureau car insurance: $1,353 per year

Those with poor credit, FICO score 300-579, will pay more for their car insurance, on average.

  • GEICO car insurance: $2,811 per year
  • State Farm car insurance: $2,836 per year
  • USAA car insurance: $3,030 per year

For a driver in Kentucky age 25 or older with no accidents and one vehicle, the following companies provide the best average rates:

Company Average monthly insurance premium 
Safeauto $103
Travelers $143
State Farm $149
Liberty Mutual $152
Safeco $152
GEICO $153
Root $161
Esurance $169
Progressive $184
Allstate $195
USAA* $210

*USAA is only for active military, veterans, and their families.

Above data obtained from Savvy, based on 1,320 policyholders in the state of Kentucky

For a driver in Kentucky age 25 or older, with one or more accidents and one vehicle, the following companies provide the best average rates:

Company Average monthly insurance premium 
State Farm $105
GEICO $164
Allstate $184
Progressive $194
Esurance $199

Above data obtained from Savvy, based on 1,320 policyholders in the state of Kentucky

Below is the estimated average annual premium of auto insurance policies per household in Kentucky’s most populous cities:

City Average annual insurance premium 
Louisville/Jefferson County $1,363
Lexington-Fayette County $1,385
Bowling Green $1,270
Owensboro $1,288
Covington $1,325
Richmond $1,219
Georgetown $1,443
Florence $1,414
Nicholasville $1,356
Elizabethtown $1,344
Independence $1,573
Henderson $1,250
Hopkinsville $1,207
Jeffersontown $1,457
Frankfort $1,307
Paducah $1,226
Radcliff $1,316
Ashland $1,257
Murray $1,166
Erlanger $1,453
Madisonville $1,279
Winchester $1,291
St. Matthews $1,421
Burlington CDP $1,490
Danville $1,296
Shelbyville $1,353
Fort Thomas $1,507
Berea $1,281
Newport $1,301
Shively $1,263
Glasgow $1,171
Fort Campbell North CDP $1,237
Shepherdsville $1,424
Bardstown $1,343
Lyndon $1,398
Mount Washington $1,484
Somerset $1,186
Lawrenceburg $1,340
Fort Knox CDP $1,378
Mayfield $1,145

Data from S&P Global Intelligence

As the data above shows, your credit score is one of the bigger influences on the price you’ll pay for coverage. But, there are many other factors that play into your premium, too. With every company considering them differently, it’s critical to shop around. 

If you want to get the best rate for you, you’ll need to start by getting quotes from several different insurance companies. Once you have a few different quotes, you’ll want to compare them and look for the policy that gives you the most coverage for your money by giving the most coverage types and the highest limits. Also look at the deductible, or the amount you’ll pay out-of-pocket if you get into an accident. 

The driver who gets the best deal in Kentucky is the one who shops around for their coverage. Compare quotes and look beyond the premium to find the best-priced coverage for you. 

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