fbpx

Best Cheap Car Insurance in Kentucky

Benzinga Money is a reader-supported publication. We may earn a commission when you click on links in this article. Learn more.

As a resident of the Bluegrass State, you know Kentucky’s known for horse racing, bourbon, moonshine, “My Old Kentucky Home” historic state park, tobacco, bluegrass music and pricey car insurance.

Even though it’s a little pricier, it’s still possible to find cheaper car insurance in Kentucky. Here’s what you need to know.

Get Car Insurance Quotes Below
Compare 2-3 companies for the best quote

Best Cheap Car Insurance in Kentucky:

  1. Best Overall: 21st Century
  2. Cheapest: Kentucky Farm Bureau
  3. Best for multiple cars: AAA
  4. Best for Military: USAA

Kentucky Car Insurance Overview

Need a review of the minimum requirements for insurance in Kentucky? The minimum requirements for insurance in Kentucky are: 

  • Bodily injury per person per accident: $25,000
  • Bodily injury per persons per accident: $50,000
  • Property damage liability: $25,000
  • Personal injury protection: $10,000
  • Alternatively, a policy with a single limit of $60,000 is acceptable in the state of Kentucky. 

To break it down a bit, bodily injury is in place to cover someone else’s expenses if you’re responsible for the collision. Property damage liability will help pay for damages to someone else’s property or vehicle while personal injury protection will cover the medical expenses of people involved in the accident, regardless of who is at fault.

Kentucky Car Insurance Law Explained

There are no requirements to obtain additional coverage, such as uninsured, underinsured, collision or comprehensive coverage, though it can help ensure that you’re covered, depending on certain extenuating circumstances. For example, uninsured coverage will protect you if you’re in an accident with someone who doesn’t have insurance but is at fault in the accident. Underinsured coverage, on the other hand, will cover you if the driver who caused the accident has limits in their plan that are too low to cover expenses. 

What about when circumstances are out of your control? Collision insurance ensures that drivers who are at fault will be covered following an accident. Comprehensive insurance allows you to receive money for damages if your car is stolen, vandalized or during other circumstances not related to a car accident. Those who have additional assets, like a home or other property, might want to consider getting these additional elements.

Without insurance, your vehicle registration will be revoked, you could be fined $500 to $1,000 and could face up to 90 days in jail (fines and jail time might even be coupled together). Kentucky is a no-fault state so insurance will pay injury claims up to a specified limit, whether you’re at fault or not. 

You must carry proof of insurance in case a police officer asks to see it, otherwise, you may face a $500 fine plus court fees (which might average $150–$200). The state of Kentucky might also cancel your insurance.

Kentucky Traffic Laws You Should Know

The average speed in Kentucky ranges between 35 mph and 65 mph. Speeding fines can cost between $1 and $55, though if a driver exceeds the speed by 25 mph or more, fines can range from $60 to $100. 

HOV Lanes: You need to have at least 2 people (including the driver) in your vehicle to drive in a high occupancy vehicle (HOV) lane on the highways. The lanes were created to encourage carpooling and be more sustainable, and while certain HOVs have regular entrance and exit areas, they don’t have many. Motorcycles are also allowed to drive in HOV lanes without minimum occupancy.

Drivers under 18 cannot use a cellphone — hands-free or otherwise — and any drivers over 18 cannot text but are able to use a hands-free phone. A first offense will end in a fine of $25 and a second will cost $50. You’ll also get 3 points on your license for a first time offense. 

What happens if you receive 6 points or more? You’ll have to pay a fee and drivers under 18 will have to wait 180 days until they can apply for their regular license.

Cheap Kentucky Car Insurance Rates by Credit Score

Naturally, having a higher credit score is an asset in helping you find a cheap car insurance rate and get cheaper car loans. Research shows that those with credit scores under 600 are more likely to file more claims, inflate claims and commit insurance fraud.

This data also shows that those with lower scores are more likely to miss payments, so they’re often asked to pay a larger percentage upfront. Raise your credit score to prove to your insurer that you’re a reliable driver and avoid these higher fees and more intense scrutiny.

Credit ScoreCheapest ProviderRate for State Minimum Coverage
Poor 300-579State Farm$2,952
Fair 580-669Kentucky Farm Bureau$1,367
Good 670-739Kentucky Farm Bureau$1,000
Excellent 740+Root $998

Insurance for Drivers with a Clean Record

Depending on the insurer, you might also be eligible for a safe driver discount. Minor violations can inflate your rates 20% and 40%, while larger violations like a DUI can inflate your costs by 100%. A clean record means your insurer will feel that you’re less likely to get into an accident and file a claim and they’ll reward you with a cheaper rate.

Insurance CompanyState Minimum InsuranceStandard CoverageFull Coverage
Kentucky Farm Bureau$992$1085$1364
State Farm$1333$1623$1898
GEICO$794$1665$1942
Nationwide$1657$1761$1812
Allstate$1587$1694$1764

Insurance Rates with Driving Infractions

In the same way that your driving record will affect your insurance rates, any driving infractions on your record can also impact you. The most common way of getting 2 points on your license is by going less than 10 mph over the posted speed limit. You’ll receive more points on your license the faster over the speed limit you go. 

Driving under the influence, drunk driving, reckless driving and avoiding a police officer are more extreme common infractions that can get you 6 points on your license. Running a red light, driving in the carpool lane, driving on the shoulder and driving without a license or registration are all lesser penalties but are still common infractions.

Insurance Company At-fault Accident Speed ViolationDUI
Kentucky Farm Bureau$1,367$1,121$1,854
State Farm$1,718$1,428$2,036
Allstate$3,980$2,425$4,456
GEICO$2,014$1,745$3,025
Nationwide$2,543$2,158$3,596

Best Car Insurance Providers in Kentucky

You’ll be able to scope out several top insurance companies available in Kentucky. Wondering how to lower your car insurance? Check out our list of Kentucky top insurers:

1. 21st Century: Best Overall

Part of Farmers, 21st Century quotes $1,054 for a 1-year policy and offers a new quote through its online tool as well as new car replacements. It includes roadside assistance, accident forgiveness and offers comprehensive and collision coverage. Check out its anti-theft device, multi-policy, defensive driving course, good student, loyalty and safety device discounts. It’s one of the best prices you can get and is also widely available in Kentucky.

2. Kentucky Farm Bureau: Cheapest Car Insurance in Kentucky

Kentucky Farm Bureau is the cheapest available insurance in the state, at $971 for a 1-year policy quote. There’s no online quote tool but you can chat with Kentucky Farm Bureau’s insurance agents to get quotes. The insurance is only available in Kentucky and you can get accident forgiveness. You qualify for discounts if you have an anti-theft device, completed a defensive driving course, have multiple drivers, are a good student, served in the military or are a homeowner.

3. AAA: Best Coverage for Multiple Cars

AAA is a top choice for Kentucky drivers. It’s affordable and offers multiple benefits, especially if you have more than 1 driver. AAA’s online quote tool is marked at an average of $1,101.04 for a 1-year policy, with discounts if you have multiple drivers, anti-theft and safety devices, have taken a defensive driving class, are a good student and more. AAA also offers new car forgiveness and accident forgiveness. 

4. USAA: Best for Military Personnel

USAA is the cheapest insurance available in Kentucky and is only available for veterans, so if you’ve served our country, consider this unique plan. Only those who have been honorably discharged, are active or are retired from the military can be considered for this plan. You can get a $948 quote for a 1-year policy. USAA offers accident forgiveness and has an option for roadside assistance. You’ll find several discounts, such as the military discount, loyalty discount, good student discount, defensive driving discount and more. 

Find the Cheapest Kentucky Car Insurance for You

It may seem there are almost too many options out there, but you can still find some hidden gems. Keep your finances in check, your driving record tidy and purchase a car that won’t be subject to additional scrutiny in your state and you’ll be able to find many options for cheap car insurance in Kentucky.

Here are a few more tips for keeping your auto insurance rates on the lower end of the spectrum:

  • Take advantage of discounts that are available through your plan, as most insurers offer benefits to good students, to those who have clean driving records and veterans.
  • Consider dropping comprehensive and collision insurance, especially if you’re driving an older car. Since it isn’t a state requirement, you don’t need to add that onto your policy (though having it will protect you to a fuller extent if you are in an accident).
  • Always pay your insurance bills on time — this goes for any bills because it will help you maintain a higher credit score.

Use our guidelines and tips to help you find a policy that suits your needs and get yourself a cheaper rate. Car insurance in Kentucky doesn’t need to be an expensive or stressful process.

*Quotes were obtained using the following profile: Base 2015 Toyota Camry, male, 40 years old. Policies reflect state minimum coverage options. We make every effort to provide the most accurate quotes based on the profile above. Due to the many combined variables involved in insurance quotes, the only way to get an accurate quote is to enter your own information through our partners’ secure websites.

Hire a Pro: Compare Financial Advisors In Your Area