Best Cheap Auto Insurance Quotes for High Mileage Drivers in Kentucky

We all have different tastes in cars, and the vehicle needing coverage is a significant factor when consumers are trying to find low-priced insurance for high mileage drivers. Vehicles with lower acceleration and performance, good safety features, or a track record of few liability claims will cost less to insure than higher performance models. The tables below features auto insurance premiums for a selection of the more afforable automobiles to insure.

Prices based on single female driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Kentucky minimum liability limits. Discounts applied include safe-driver, multi-vehicle, homeowner, claim-free, and multi-policy. Prices do not factor in specific zip code location which can impact price quotes noticeably.

Data variables include single female driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Kentucky minimum liability limits. Discounts applied include multi-vehicle, claim-free, multi-policy, safe-driver, and homeowner. Rates do not factor in garaging location in Kentucky which can decrease or increase price quotes considerably.

Table data represents single female driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Kentucky minimum liability limits. Discounts applied include multi-vehicle, safe-driver, claim-free, multi-policy, and homeowner. Rate information does not factor in your specific Kentucky location which can revise insurance rates significantly.

When shopping for car insurance for high mileage drivers, one of the many criteria used to establish the cost of insurance is where you choose to live in Kentucky. Areas with increased crime or more people like Louisville, Jeffersontown, and Ashland are more likely to pay higher prices, whereas areas with fewer weather claims and lower vehicle theft rates generally pay less for car insurance.

The following table displays the most costly cities in Kentucky for high mileage drivers to purchase car insurance in.

Rates are comparative as zip code location can lower or raise price quotes greatly.

Finding cost effective car insurance is not most people’s favorite thing to do, and finding out which companies quote the best car insurance rates for high mileage drivers will require even more diligence. Each company uses slightly different criteria for filing rates in each state, so let’s rank the most budget-friendly car insurance companies in Kentucky.

It’s a good idea to know that Kentucky car insurance rates are impacted by many factors that may substantially change the policy price. This price variability is why it is crucial to take the time to shop around to get the most economical auto insurance quotes for high mileage drivers. Insurance prices consist of many things and can decrease or increase without notice, so the cheapest company when you last compared rates may now cost much more than other companies.

Cheap Insurance Rates in Kentucky

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Cincinnati Insurance may offer some of the most affordable car insurance rates in Kentucky at around $1,115 annually. Kentucky Farm Bureau, USAA, Auto-Owners, and Motorists Mutual also are some of the cheaper Kentucky auto insurance companies.

As the rates illustrate above, if you have coverage with USAA and switched to Cincinnati Insurance, you could earn yearly savings of upwards of $72. Insureds with Auto-Owners might save as much as $242 a year, and Motorists Mutual policyholders might reduce rates by $438 a year.

If you want to see how much you could save, click here to get quotes or visit any of the companies below.

Be aware that those premiums are averages across all insureds and vehicles and and are not figured with a rate decrease for high mileage drivers. So the auto insurance company that fits your needs best may not even be shown in the company chart above. That affirms the importance of why you need to get rate quotes from many companies using your own driver and vehicle profiles.

Cost of full coverage

Finding the best cheap car insurance for high mileage drivers in Kentucky is important to the majority of vehicle owners, and one easy way to lower the cost of insurance is to only buy liability insurance. The illustration below shows the difference between yearly insurance costs when comparing full coverage to liability only. The data assumes no driving violations, no at-fault accidents, $500 deductibles, drivers are single, and no discounts are taken into consideration.

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If averaged out across all ages, physical damage coverage on your policy costs $1,541 per year over liability only. That brings up the question if buying full coverage is worth the expense. There is no exact rule to drop comp and collision coverage, but there is a general guideline. If the annual cost of having full coverage is more than about 10% of any settlement you would receive from your insurance company, the it may be a good time to stop paying for full coverage.

There are some cases where only buying liability is not financially feasible. If you haven’t satisfied your loan, you have to keep full coverage to protect the lienholder’s interest. Also, if your savings is not enough to buy a different vehicle if your current one is damaged, you should not eliminate full coverage.

Choosing the top car insurance company can be rather challenging considering how many choices there are in Kentucky. The company ratings in the lists below can help you decide which coverage providers to look at when insurance shopping for high mileage drivers.

The ratings below only include companies with a national presence, so companies with more of a regional focus are not included in these rankings. To view rates from these companies and more, click this link.

Top 10 Major Auto Insurance Providers in Kentucky Ranked by Value

1. Travelers
2. American Family
3. AAA Insurance
4. Safeco Insurance
5. Progressive
6. The Hartford
7. Erie Insurance
8. The General
9. Esurance
10. 21st Century

Top 10 Major Auto Insurance Providers in Kentucky Ranked by A.M. Best Rating

1. Travelers – A++
2. USAA – A++
3. GEICO – A++
4. State Farm – A++
5. Erie Insurance – A+
6. Esurance – A+
7. Progressive – A+
8. Nationwide – A+
9. The Hartford – A+
10. Allstate – A+