How Much Does Auto Insurance Cost for Young Drivers in Kentucky?

This would be a real easy article to write if we could tell you the one best company that has the best deal on coverage in Kentucky. That is not the case, however, as there are a whole bunch of unknown elements such as what physical damage coverage deductibles you want, whether or not you own a home, your date of birth, and the liability limit you need, that all have an effect on the price of a policy. We know insurance is not everyone’s favorite topic, but in this article we will cover the best ways to pay less and will hopefully give you a good beginning to your quest for cheaper car insurance in Kentucky.

For Kentucky drivers, one of the things that is used by car insurance companies to calculate the amount you pay each year for auto insurance is the neighborhood you call home. Cities with larger populations like Louisville, Ashland, and Saint Matthews tend to pay more, whereas areas with less crime or weather claims generally pay lower car insurance rates.

The information below shows the most costly cities in Kentucky for young drivers to purchase car insurance in.

Price information shown is approximated as the specific zip code location can affect coverage prices greatly.

Finding dependable, budget car insurance is challenging, and finding out which companies have the most affordable auto insurance rates for young drivers will involve even more perseverance. Coverage rates should be quite a bit higher than the average price in Kentucky, with the extra cost attributed to the potentially higher risk that goes along with selling insurance for youthful drivers, but competitively-priced insurance should be available with some perseverence. Each insurer uses their own calculation to establish rates, so first let’s look at the rankings for the most budget-friendly auto insurance companies in Kentucky.

Best Insurance Companies for Teens

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Cincinnati Insurance may have some of the most affordable car insurance rates in Kentucky at around $1,082 each year. Kentucky Farm Bureau, USAA, Auto-Owners, and Motorists Mutual also rank well as some of the cheaper Kentucky auto insurance companies.

As illustrated above, if you currently have coverage with Kentucky Farm Bureau and switched to Cincinnati Insurance, you could earn a yearly savings of about $92. Policyholders with USAA may save as much as $93 a year, and Auto-Owners policyholders might realize rate reductions of up to $289 a year.

To find out how your current rates compare, click here to start a quote or click several companies below for low rates.

Understand that those policy prices are averages for all ages of drivers and types of vehicles and do not take into consideration a price increase for young drivers. So the car insurance company that is most affordable for your situation may not even be in the chart above. That emphasizes why you need to compare prices as often as possible using your own personalized driver profile and vehicle information.

The vehicle driven is a significant factor that determines whether or not you find cheap insurance for young drivers in Kentucky. Vehicles with economical engines, a plethora of safety features, or a low likelihood of having liability claims will cost substantially less to insure than higher performance models.

The next tables ranks auto insurance prices for a selection of the cheaper automobiles to insure.

Table data represents single male driver age 17, no speeding tickets, no at-fault accidents, $500 deductibles, and Kentucky minimum liability limits. Discounts applied include safe-driver, and claim-free. Price estimates do not factor in zip code location which can increase or decrease prices substantially.

Data variables include single male driver age 17, no speeding tickets, no at-fault accidents, $500 deductibles, and Kentucky minimum liability limits. Discounts applied include claim-free, and safe-driver. Rate information does not factor in specific garaging location which can increase or decrease auto insurance rates greatly.

Table data represents single male driver age 17, no speeding tickets, no at-fault accidents, $500 deductibles, and Kentucky minimum liability limits. Discounts applied include claim-free, and safe-driver. Premium costs do not factor in zip code location which can alter coverage rates substantially.

Which auto insurance company is best in Kentucky?

Ending up with a high-quality car insurance provider can be difficult considering how many choices you have in Kentucky. The ranking data listed below could help you select which coverage providers to look at comparing prices from. These ratings include companies with a national presence, so companies that focus mainly on Kentucky business are not taken into consideration for these rankings.

State Farm, Allstate, Progressive, and Geico: Who is cheapest?

If you are shopping around for car insurance, four of the best places to start are State Farm, Allstate, Progressive, and Geico. When combined, they have almost 50% of all car insurance policies in America. The following table compares and contrasts pricing and service ratings, plus some optional coverages that policyholders can buy.