Cheap Car Insurance for 16 Year Olds in Kentucky

In a perfect world, we could simply give you the name of the company that has the lowest rates in Kentucky. It’s just not that easy, however, as there are a whole bunch of unknown factors such as whether you have good credit, if you are insuring for full coverage or just liability only, the number of miles you drive each year, and when you were born, that all have an effect on the price of a policy. This article should teach you a little about these factors and others that can influence the price of auto insurance and hopefully give you enough understanding to have a jump start in finding the best auto insurance.

When buying insurance for new drivers, one of the key factors that control the annual cost of car insurance is the neighborhood you call home in Kentucky. Cities with larger populations like Louisville, Ashland, and Saint Matthews likely pay more, whereas areas with lower crime rates and fewer weather claims benefit from lower coverage costs.

The table below rates the most costly cities in Kentucky for 16 year olds to purchase auto insurance in.

Table data uses comparative as zip code location can alter coverage prices greatly.

The vehicle driven is probably the most important factor that determines the availablility of cheap car insurance for 16 year olds in Kentucky. Vehicles with lower performance, advanced safety features, or a low likelihood of having liability claims will cost less to insure than fast, unsafe models. The table below ranks auto insurance prices for some of the cheapest vehicles to insure.

Table data represents single male driver age 16, no speeding tickets, no at-fault accidents, $500 deductibles, and Kentucky minimum liability limits. Discounts applied include claim-free, and safe-driver. Price estimates do not factor in specific Kentucky garaging location which can decrease or increase price quotes significantly.

Based upon the rates shown, you can see that vehicles like the Ford Escape, Honda Accord, and Honda CR-V are most likely to be the most affordable vehicles to insure for new drivers. The price for an auto insurance policy will tend to be more expensive anyway just due to the fact that there is more claim risk for 16 year olds, but generally speaking those specific models will probably have the best rates available.

Deciding which insurers offer the cheapest auto insurance rates for 16 year olds may require a little more effort in order to find the best price.

Each company has their own unique process for setting rates, so we will examine the most affordable auto insurance companies in Kentucky. It’s important that readers know that Kentucky auto insurance rates are determined by lots of factors that may substantially change the cost of coverage. Simply having a birthday, increasing deductibles, or getting a reckless driving citation may generate price changes resulting in some rates now being more affordable than before.

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Cincinnati Insurance may offer some of the best car insurance rates in Kentucky at around $1,126 a year. Kentucky Farm Bureau, USAA, Auto-Owners, and Motorists Mutual also are some of the cheaper Kentucky auto insurance companies.

As depicted above, if you are a customer of Auto-Owners and switched to Kentucky Farm Bureau, you could see a yearly savings of approxmiately $197. Policyholders with Motorists Mutual may save as much as $427 a year, and Grange Mutual customers might lower prices by up to $435 a year.

To get a quick, customized rate comparison, click here to start a quote or quote rates from the companies below.

Be aware that those estimates are averages for all types of drivers and the different vehicles they drive and do not factor in a rate increase for 16 year olds. So the company that fits your age and vehicle best may not even be featured in the list of companies shown earlier. That’s why you need to get car insurance quotes using your own personalized driver profile and vehicle information.

Discounts on cheap car insurance for 16 year olds in Kentucky

<img class="floatright" src="http://www.quoteclickinsure.com/blog/wp-content/uploads/best-car-insurance-16-year-olds-ky.jpg" alt="Cheaper Kentucky auto insurance for new drivers” />Insurers that offer cheap quotes for 16 year olds may also offer special discounts that can lower rates by as much as 25% or more if you can meet the requirements. The best auto insurance companies and a partial list of their discounts are:

• American Family includes discounts for accident-free, TimeAway discount, defensive driver, good driver, and good student.
• State Farm has discounts for accident-free, student away at school, good driver, Steer Clear safe driver discount, and defensive driving training.
• 21st Century may have discounts that include defensive driver, student driver, anti-lock brakes, homeowners, teen driver, theft prevention, and early bird.
• Travelers may include discounts for driver training, multi-policy, save driver, continuous insurance, home ownership, early quote, and new car.
• GEICO offers discounts for anti-theft, five-year accident-free, military active duty, federal employee, defensive driver, and emergency military deployment.

The chart below visualizes the comparison of insurance costs with and without policy discounts. The prices are based on a female driver, no violations or claims, Kentucky state minimum liability limits, full physical damage coverage, and $100 deductibles. The first bar for each age group shows insurance cost with no discounts. The second bar shows the rates with vehicle safety, anti-theft, good student, passive restraint, continuous coverage, and paid-in-full discounts applied. In this example, the the average amount saved on auto insurance for 16 year olds is 28% or $860.

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