Cheapest Car Insurance for Low Mileage Drivers in Kentucky

Finding out which company has the cheapest auto insurance rates for low mileage drivers may require a tad more effort in order to find the lowest price. Each insurer uses a different method for determining rates in each state, so we will examine the auto insurance companies with the overall best prices in Kentucky.

We do need to point out that Kentucky auto insurance rates are determined by lots of factors which can substantially change the cost of having a policy. Getting older, getting divorced, or getting a speeding ticket can trigger changes in premium that may make certain companies more affordable than others.

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

As depicted above, if you are insured with Motorists Mutual and switched to Kentucky Farm Bureau, you may realize a yearly savings of around $473. Policyholders with Grange Mutual may save as much as $497 a year, and Travelers customers might cut rates by $503 a year.

It’s important to note that these prices are averaged across all ages of drivers and types of vehicles and do not take into consideration a price discount for low mileage drivers. So the company that fits your age and vehicle best may not even be featured in the list above. That is why you need to compare rates from multiple companies using your own specific driver information and vehicle.

The vehicle model driven is one of the biggest factors that determines whether or not you find the best insurance for low mileage drivers. Vehicles with reasonable performance levels, good crash test ratings, or a track record of few liability claims will cost much less to insure than fast, unsafe models.

The next tables shows car insurance costs for a number of the most economical automobiles to buy coverage for.

Prices based on married 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. Table data does not factor in specific location information which can alter price quotes considerably.

Premium data assumes married female driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Kentucky minimum liability limits. Discounts applied include safe-driver, claim-free, multi-policy, homeowner, and multi-vehicle. Price estimates do not factor in garaging location in Kentucky which can modify price quotes noticeably.

Cost estimates assume married female driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Kentucky minimum liability limits. Discounts applied include safe-driver, multi-policy, multi-vehicle, claim-free, and homeowner. Price information does not factor in specific location information which can alter coverage rates considerably.

Accidents and violations increase rates

The obvious way to get the best auto insurance prices for infrequent drivers is to drive attentively and not get tickets or have accidents. The information below demonstrates how citations and at-fault fender-benders can impact insurance costs for each age group. The rates are based on a married female driver, comp and collision included, $1,000 deductibles, and no additional discounts are factored in.

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In the previous chart, the average cost of an auto insurance policy in Kentucky per year with no violations or accidents is $1,054. Get written up for one speeding ticket and the average cost surges to $1,231, an increase of $177 each year. Now include two accidents along with the one speeding ticket and the annual cost of auto insurance for low mileage drivers goes up to an average of $2,887. That’s an increase of $1,833, or $153 per month, just for being a less-than-perfect driver!

Buying coverage from a highly-rated company can be challenging considering how many choices drivers have in Kentucky. The rank data shown below may help you analyze which companies to look at purchasing coverage from. The rankings below are only made up of insurance companies that insure vehicles in the majority of U.S. states, so smaller regional companies are not factored into this list.