Best Auto Insurance: Kentucky (2022)

If you want to find cheap car insurance in Kentucky, we have the top providers for you.

As in most states, Kentucky drivers are required to have a certain amount of auto insurance, but you can choose the provider. To help you find affordable Kentucky car insurance, we’ve analyzed the best car insurance companies and provided an overview of what to expect from state insurance laws.

See what providers we recommend below, and enter your zip code to compare car insurance quotes.

Cheapest Car Insurance Companies In Kentucky

According to our rate estimates for Kentucky auto insurance, State Farm offers the cheapest full coverage insurance at an annual rate of $1,083. On the same subject : Report: Florida is ranked 2nd highest for car insurance costs.

State Farm is 53 percent cheaper than Kentucky Farm Bureau, but this provider as well as USAA, Auto Owners, and Progressive are great low-cost options for Kentucky drivers as well.

Compared to the national average, car insurance in Kentucky is actually relatively inexpensive. According to the NAIC, the cost of Kentucky car insurance was $937 in 2018, while the national average was $1,056.

Here’s a breakdown of coverage costs that year based on data from the Insurance Information Institute:

* Most drivers carry liability coverage but not necessarily other types of auto insurance. Total Average Annual Spending measures what Kentucky drivers actually spent on auto insurance in 2018.

In Kentucky, age can be a big factor in car insurance rates. A 24-year-old can pay up to 49 percent more for car insurance than a 35-year-old.

Gender can also affect car insurance rates in most states, but for Kentucky, rates don’t differ much between men and women.

Drivers with good credit scores can pay up to 97 percent less for car insurance than drivers with bad credit in Kentucky.

Having a speeding ticket, accidents or DUIs can increase your car insurance rate in Kentucky by up to 100 percent.

5 Best Kentucky Car Insurance Companies

We understand the need for cheap car insurance, but price may not be the only factor you consider. When looking for a new insurance company, you want to make sure you choose a provider that pays claims promptly and offers exceptional customer service. On the same subject : How This All-Digital Provider Is Modernizing Auto Insurance. Otherwise, the cheapest Kentucky auto insurance policy is worthless after an accident.

When we examine top providers, we look at prices, coverage, financial strength and customer satisfaction. After doing extensive research, these are the providers that came out on top:

* Not all companies were included in our rate estimates for each state. You may also notice that some car insurance companies are listed above those with higher star ratings. This is because our ratings take into account national factors, while our rankings look specifically at which insurance providers are the best for car insurance in Kentucky.

#1 USAA: Our Top Pick For Kentucky Car Insurance

USAA car insurance is only available to military members and their families, but for those who qualify, the company is our first choice for car insurance in Kentucky. What’s good about USAA is that the insurer offers low rates nationwide, not just Kentucky. To see also : CAR INSURANCE CAN BE CHEAPER IN NEW JERSEY. That’s why many service members, veterans and families tend to use USAA for various financial needs.

In addition to standard coverage, you can also add this type of coverage:

What sets USAA apart is exceptional customer service. In the J.D. Power’s 2020 US Auto Insurance Study℠ and 2020 US Auto Claims Satisfaction Study, USAA performed prior to the competition.

To learn more about car insurance providers, check out our USAA car insurance review.

#2 State Farm: Runner-Up For Car Insurance In Kentucky

If you enjoy personal connections, you’ll be happy to know that State Farm has local agents nationwide. You can visit a local office to start coverage or get your free State Farm auto insurance quote online. State Farm is well-known in the insurance industry, doing well in many J.D. Power studies and earned an A+ rating from the Better Business Bureau (BBB).

The car insurance company has some of the best car insurance in Kentucky. While your rates may jump slightly after an accident, State Farm doesn’t seem to penalize the police like some other providers. In addition to the standard coverage, you can also add these types of coverage:

In addition, State Farm has apps that monitor your driving and offer you a discount for safe driving. If you have a teenage driver at home, this option is ideal for reducing rates.

To learn more about the auto insurance provider, check out our review of State Farm auto insurance.

#3 Nationwide Car Insurance

Although Nationwide Car Insurance isn’t off the charts for cost or customer service, we’re impressed by its comprehensive coverage and extensive availability. It’s well-suited for tech-savvy drivers, as it has an extensive online portal that gives you access to everything from quotes to paying your bills, settling a claim, and requesting roadside assistance. The company also has programs geared towards safe drivers, such as Nationwide’s SmartRide® program, which gives drivers a discount after allowing the company to track their safe driving practices for a set period of time.

AM Best, a credit rating agency for insurance companies, has given Nationwide Mutual Insurance an A+ (Superior) rating for financial strength. The BBB rates Nationwide at A+ as well. Nationwide has logged nearly 250 customer complaints with the BBB over the past three years, but for a company of its size, that number is not unusual.

To learn more about car insurance providers, check out our Nationwide car insurance review.

#4 Progressive Car Insurance

We also think Progressive is a great option for Kentucky car insurance. Progressive Auto Insurance came in fourth on our ranking of national auto insurance companies overall, earning 4.6 out of 5.0 stars.

Progressive wrote over $31 billion in premiums in 2019, according to the National Association of Insurance Commissioners (NAIC), and is the third largest private auto insurance company. It has an A+ rating from AM Best, although it was average on both of the JD Power studies mentioned above.

In addition to standard coverages, Progressive offers coverage options such as roadside assistance, loan repayment, customized parts coverage, and insurance for rideshare drivers. The company also has some decent car insurance discounts. You can lower your rate with the Snapshot app, and you can save $50 toward your deductible for every policy term you have without a claim.

To learn more about the auto insurance provider, check out our review of Progressive Auto Insurance.

#5 Kentucky Farm Bureau Insurance

The state’s local Kentucky Farm Bureau is part of the larger American Farm Bureau Federation, an organization founded in 1919 to represent farm workers. Today, Farm Bureau branches serve all residents, regardless of background or industry.

Kentucky Farm Bureau is recognized by industry experts and customers:

Availability is one of the Kentucky Farm Bureau’s strong suits. There are a number of local agents throughout the state. We also like Kentucky Farm Bureau’s transparent and well-designed website, which can be rare for a smaller agency. The site clearly lays out different insurance categories, discount opportunities and ways to get insurance quotes.

Kentucky Farm Bureau can still be a strong choice if you are:

To learn more about the car insurance provider, check out our review of Kentucky Farm Bureau Insurance.

Enter your zip code in the tool below to collect and compare car insurance quotes from providers available in your state to find cheap car insurance.

State Requirements For Car Insurance: Kentucky

Each state has its own car insurance requirements. The minimum requirement must be followed, or there are often penalties involved. The minimum auto insurance in Kentucky includes:

Some drivers choose to purchase additional coverage such as collision and comprehensive insurance. Here’s a closer look at the standard types of car insurance:

If you choose to drive without car insurance in Kentucky, you could lose your vehicle registration, pay fines up to $​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​,1,000​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​. It is not worth taking this risk, especially when some providers offer cheap car insurance rates.

Kentucky is considered a no-fault state, but it uses a slight variation of the typical rules. With your car insurance in Kentucky, no-fault laws apply to PIP benefits. Because of this setup, everyone has access to medical attention after an accident. It covers both the driver and passenger.

However, drivers can opt-out of the no-fault system. If you do this, you open the door to pursuing liability claims against other drivers. On the downside, others may also pursue legal action against you, so it’s not always a smart option.

What Is It Like Driving In Kentucky?

According to Statista, there are more than three million licensed drivers in Kentucky, with a fairly even split between males and females. These numbers place Kentucky right in the middle of all the states.

Kentucky is not considered one of the cheapest or most expensive states for car insurance. Instead, it is average. This could be due to higher than average road deaths per kilometer traveled and population. In fact, both of these numbers are much higher than the nation’s average.

Teen drivers can apply for a learner’s permit in Kentucky at age 16. This permit requires an adult (age 21 or older) to be in the front seat with the driver. In addition, the teenager must do 60 hours of practice. The teenager can then apply for an interim licence. While this driver is allowed to operate a vehicle alone, there are still some regulations, including:

At 17, teenagers can get an unrestricted driver’s license if all other requirements are met.

If you can’t get car insurance in Kentucky because of accidents, speeding tickets, or a DUI, you may have better luck with the Kentucky Automobile Insurance Plan. This plan is not ideal for typical drivers in Kentucky, but should only be used as a last resort.

How To Save More On Kentucky Car Insurance

Finding cheap auto insurance in Kentucky starts with getting several quotes and evaluating providers. Once you’ve found the company you want to work with, you still have a few ways to lower your rates.

It takes less effort than you think to get a low Kentucky car insurance rate. All you need is to invest a little time and do your research to get the coverage you deserve. Enter your zip code to start getting quotes from top car insurance companies in Kentucky:

Methodology

In an effort to provide accurate and unbiased information to consumers, our expert review team collects data from dozens of car insurance providers to formulate rankings of the best insurers. Companies receive a score in each of the following categories, as well as an overall weighted score of 5.0 stars.

Do people like Allstate?

Complaints and customer satisfaction Allstate received an overall satisfaction score of 80 out of 100 from a pool of its customers, in a NerdWallet survey online in July 2021. To put that in perspective, the average score among seven insurers was 79, and the highest was 83 No. 3 of 8 companies.

Is Allstate worth the cost? Is Allstate Auto Insurance Good? Allstate is tied with Travelers for the No. 6 spot in our Best Auto Insurance Companies of 2022. It has average to below-average scores in all subcategories, including Best for Customer Service, Best for Claims Handling, and Most Likely to Recommend.

Is Allstate good with claims?

Is Allstate good at paying claims? According to J.D. Power 2021 US Auto Claims Satisfaction StudySM, Allstate ranked slightly below average for its claims experience, with a score of 870 out of a possible 1,000 points.

Does Allstate handle claims well?

Allstate is tied with Travelers for the No. 6 spot in our Best Auto Insurance Companies of 2022. It has average to below-average scores in all subcategories, including Best for Customer Service, Best for Claims Handling, and Most Likely to Recommend.

How fast does Allstate pay claims?

Once the case is settled, you usually have a much faster time to get a check than negotiating and getting a solid offer in the first place. The amount of time it takes Allstate to send a check is usually between 20 and 45 days.

Which car insurance is best in claim settlement?

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Who is the number 1 auto insurer in the US?

State Farm is the number one auto insurance company in the country in terms of market share and premiums written, followed by Geico, Progressive and Allstate.

What is the most trusted insurance company?

Top Insurance Companies for Auto and Home Policies USAA ranked at the top of the auto and home insurance categories for the third year in a row. Its 85.3 score also placed it at No. 1 on this year’s Top 25 overall list for Most Trusted Financial Companies (see the 2022 survey overview story).

What are the big 3 insurance companies?

Rank	Company	Country
1	UnitedHealth Group	united states
2	Ax	France
3	Ping An Insurance	China
4	China life insurance	China

Who is the largest auto insurer in the US?

Largest auto insurance companies in the United States

• State Farm Insurance. 40.9 billion dollars. 16.14%…
• Geico Insurance. 34.9 billion dollars. …
• Progressive insurance. 31 billion dollars. …
• Allstate Insurance. 23.6 billion dollars. …
• USAA insurance. 15.2 billion dollars. …
• Liberty Mutual Insurance. 11.7 billion dollars. …
• Farmers insurance. 10.5 billion dollars. …
• Nationwide insurance. 6.3 billion dollars.

Is Allstate losing customers?

Allstate retention of existing customers fell to 87.0% in 2021 from 88.6% in 2019 – its worst performance in at least two decades. The net result: lots of transformation and little growth. Total Allstate brand auto policies in 2021 were 21.97 million, up from 21.91 million in 2019.

Does Allstate have a good reputation?

Allstate received an overall satisfaction score of 80 out of 100 from a pool of its customers, in a NerdWallet survey online in July 2021. To put that in perspective, the average score among seven insurers was 79, and the highest was 83. No 3 of 8 companies.

Is there a class action lawsuit against Allstate insurance?

The class includes anyone who filed a damage claim for a leased vehicle between January 1, 2012, through April 29, 2022 and did not pay full sales tax when Allstate adjusted their claim as a total loss, according to the settlement agreement in the U.S. District Court for the Eastern District of Pennsylvania.

Is Allstate in financial trouble?

Based on the latest financial disclosure, Allstate Corp has a probability of bankruptcy of 35.0%. This is 29.9% lower than that of the financial services sector and significantly higher than that of the insurance and insurance industry.

Is Progressive really cheaper?

On average, full coverage rates from Progressive tend to be about 7% cheaper than the national average for good drivers. The company also has flexible offers such as usage-based insurance and rideshare insurance, which makes it attractive to a wide range of drivers.

How much will you save by paying entirely with Progressive? Full discount paid – Most customers can save up to 15% if they pay their total premium in one lump sum *. Pay by Electronic Funds Transfer (EFT) â Spend less time paying your bills and more time managing your business with EFT.

Which one is cheaper Allstate or Progressive?

If you are looking for Allstate vs. Progressive has comprehensive coverage offerings and mostly positive customer reviews, although Allstate scores better during the claims process.

Is Allstate more expensive?

Allstate auto insurance costs. Allstate prices tend to be higher than average. According to our rate estimates, the average cost of full coverage Allstate insurance is about $2,088 per year or $174 per month for a 35-year-old married driver with good credit and a clean driving history.

What is the most affordable car insurance company?

Cheapest car insurance company overall: Geico Geico is the cheapest major car insurance company in the nation, according to NerdWallet’s latest analysis of minimum coverage rates.

Is Progressive more expensive?

Progressive is so expensive because car insurance in general is expensive, due to rising costs for insurers. But at $649 per year, the average Progressive auto insurance policy is actually less expensive than most competitors’ coverage.

Can you negotiate with Progressive?

Before you accept the first offer, you should know that you can negotiate the amount. Never accept the first offer. The first step is to understand how much your car is worth.

Does Progressive offer paying in full?

Pay in full If you pay for your policy in full upfront, you’ll earn a discount.

Will Progressive lower my rate after 6 months?

Yes, Progressive increases rates after 6 months in some cases. If you’re a new Progressive customer, you’ll see your car insurance premium increase after your first 6-month policy period if you file a claim or have traffic violations added to your driving record during that time.

How much can you negotiate a new car price?

It is considered reasonable to start by asking 5% on the invoice price of a new car and negotiate from there. Depending on how the negotiation goes, you should end up paying between the invoice price and the sticker price.

Is Progressive less expensive than Geico?

Is Progressive cheaper than Geico? Both Geico and Progressive offer low-cost car insurance for drivers nationwide. Geico’s rates are usually lower, but Progressive tends to offer better rates to those with a recent DUI, at-fault accident or speeding ticket on their driving record.

Is Geico the most expensive insurance?

For those drivers without a connection to the military, the next cheapest car insurance company in our rating is Geico. It also has the least expensive premiums, other than USAA, for teenage and senior drivers, motorists with a clean driving record, and those with bad credit scores.

Is Geico really the cheapest?

Geico is the cheapest major auto insurance company in the nation, according to NerdWallet’s latest analysis of minimum coverage rates. Geico’s average annual price was $354, or about $29 per month.

What is Kentucky’s minimum car insurance?

The required minimum coverages and limits to register and operate a vehicle in Kentucky are: Bodily Injury Liability: $25,000 per person and $50,000 per accident. Property damage liability: $10,000 per accident. Uninsured motorist coverage: $25,000 per person and $50,000 per accident*

What is considered full coverage in KY? Full coverage insurance in Kentucky is usually defined as a policy that provides more than the state’s minimum liability coverage, which is $25,000 in bodily injury coverage per person, up to $50,000 per accident, and $25,000 in property damage coverage.

How much is average car insurance in Kentucky?

The average cost of car insurance in Kentucky is $748 to $2,128 per year, depending on whether you choose minimum or full coverage. There are ways to beat the state average if you know the factors that affect car insurance rates in Kentucky.

Is insurance cheaper in Kentucky?

Company	Monthly rate
State farm	$111
Farm Bureau	$123
Geiko	$226
Progressive	$251

What is the average amount of money for car insurance?

The average cost of auto insurance is $1,771 per year for full coverage, or about $148 per month, according to Bankrate’s 2022 analysis of average quoted premiums from Quadrant Information Services. Minimum coverage costs an average of $545 per year.

Whats the lowest I can pay for car insurance?

The cheapest auto insurance rates most available are $29 per month ($349 per year) for minimum liability coverage offered by Auto-Owners Insurance. Erie Insurance offers the cheapest comprehensive coverage rates available, starting at $111 per month ($1,337 per year).

What is the minimum amount of insurance you should have?

The minimum amount of car insurance you usually need is state-required liability coverage. This allows you to pay for some, if not all, injuries and damages that you are liable for in an accident. The most commonly required liability limits are $25,000 / $50,000 / $25,000, which means: $25,000 in bodily injury per person.

How much is the cheapest car insurance a month?

The cheapest car insurance – October 2022

• Geico is the cheapest car insurance company overall, with an average rate of $29 per month for minimum coverage.
• Geico is also the cheapest for drivers with bad credit or a recent accident.
• American Family is the cheapest after a DUI.

Who usually has the lowest car insurance?

Of the nine major auto insurance providers in our annual study, USAA, Geico, and State Farm consistently had the lowest annual rates for the driver groups we examined. This includes rewards for good drivers as well as those who may have had a speeding ticket.

What is the minimum car insurance you must have in KY?

This means liability coverage of $25,000.00 for all claims for bodily injury damage to one person and not less than $50,000.00 for all bodily injury damage sustained by all persons as a result of an accident, as well as $25,000.00 for all property as a result of an accident.

What is the minimum amount of insurance you should have?

The minimum amount of car insurance you usually need is state-required liability coverage. This allows you to pay for some, if not all, injuries and damages that you are liable for in an accident. The most commonly required liability limits are $25,000 / $50,000 / $25,000, which means: $25,000 in bodily injury per person.

What is the most basic car insurance you can have?

In general, the six basic car insurance coverages you need are:

• Bodily Injury Liability Coverage. …
• Property Damage Liability Coverage. …
• Medical payments or Personal Injury Protection (PIP) coverage. …
• Comprehensive coverage. …
• Collision coverage. …
• Uninsured/Underinsured Motorist Coverage.

Does GEICO charge to cancel policy?

If you want to cancel your policy, GEICO makes it easy with no cancellation fee. Simply follow the steps below: Call (800) 841-1587 to speak with a friendly, licensed agent. When asked to speak to the Interactive Voice Response (IVR), say “cancel insurance policy”; and then "auto."

Is there a fee to cancel Geico insurance? If you want to cancel your policy, GEICO makes it easy with no cancellation fee. Simply follow the steps below: Call (800) 841-1587 to speak with a friendly, licensed agent. When asked to speak to the Interactive Voice Response (IVR), say “Cancel insurance policy” and then “Auto”.

Can I cancel Geico after 1 month?

To cancel a Geico insurance policy, the policyholder must call Geico to speak directly with a customer service agent. Customers cannot cancel their policies online or through the Geico mobile app. You can cancel your Geico insurance policy at any time.

What is GEICO’s cancellation policy?

Does Geico charge a cancellation fee? Geico does not charge a cancellation fee for early termination, so you can cancel your policy at any time – effective immediately or cancel at a future date.

Does GEICO refund if you cancel?

Will I get a refund or owe money if I cancel? If you pay in advance, then yes, you will receive a refund of the unused portion of your payments when you cancel your Geico policy. You can contact Geico to find out how much you can get back and when you will get it.

Can I cancel one month car insurance?

Yes, you can cancel your car insurance at any time. Before you do, it’s a good idea to check with your insurer about their cancellation policy. Some companies require a notice period or apply cancellation fees.

Do I get charged for Cancelling insurance?

If you want to cancel your policy after the cooling off period, you should check your insurance policy. Most insurers will give you a refund if you have made no claims during the policy year, but you will usually have to pay an administration fee.

Do I get a refund if I cancel my insurance policy?

If you choose to cancel your policy, or your insurance company cancels it, you usually won’t get a refund unless you paid the premium in advance.

Can you cancel your insurance policy at any time?

You can cancel a car insurance policy at any time. You can even get a partial or full refund of any premiums you have prepaid. However, it is a good idea to do some research before canceling your insurance to avoid any consequences, such as a loss of coverage. A run can lead to an increase in premiums for you in the future.

Can I just cancel my insurance?

conclusion. While termination of individual health insurance coverage can happen at any time, you usually cannot enroll in a new plan at any time. If it’s not open enrollment, make sure you qualify for a special enrollment period so you have plans before you cancel your medical care.

Does Geico prorate if you cancel?

Geico’s Cancellation Policy You will be responsible for your auto premiums through the cancellation date, but not thereafter. If you have prepaid premiums beyond the cancellation date, you should receive a partial refund.

What is Geico’s cancellation policy?

Does Geico charge a cancellation fee? Geico does not charge a cancellation fee for early termination, so you can cancel your policy at any time – effective immediately or cancel at a future date.

Do you get a prorated refund when you cancel an insurance policy?

If I cancel my car insurance, will I get a refund? If you have paid your premium in advance and canceled your policy before the end of the term, the insurance company must refund the remaining balance in most cases. Most auto insurers prorate your reimbursement based on the number of days your current policy has been in effect.

Is Geico prorated?

The Geico website promises that customers will receive a prorated refund for cancellation before the middle of the billing period. So if you paid $186 on May 1st and canceled on the 15th, Geico would owe you half the premium amount.