Best Cheap Car Insurance Quotes for a 20 Year Old Male in Kentucky

It would sure be easy if we could simply tell you the one auto insurance company that has the most affordable coverage in Kentucky. It’s not quite that easy, unfortunately, as there are a whole slew of unknowns like if you have a lapse in coverage, if you own your own home, and your financial stability. We will attempt to cover these topics and hopefully give you enough understanding to have some help in finding cheaper rates.

The vehicle model requiring coverage is probably the biggest factor that determines whether or not you find the best insurance for 20 year old guys. Vehicles with average performance, a plethora of safety features, or a positive history of liability claims will cost substantially less to insure than high performance models.

The data below ranks coverage costs for a number of the more afforable automobiles to insure in Kentucky.

Prices above based on single male driver age 20, no speeding tickets, no at-fault accidents, $1000 deductibles, and Kentucky minimum liability limits. Discounts applied include claim-free, and safe-driver. Price information does not factor in vehicle garaging location which can influence insurance rates noticeably.

Data assumes single male driver age 20, no speeding tickets, no at-fault accidents, $1000 deductibles, and Kentucky minimum liability limits. Discounts applied include safe-driver, and claim-free. Premium amounts do not factor in the specific area where the vehicle is garaged which can raise or lower rates considerably.

Data rating is based on single male driver age 20, no speeding tickets, no at-fault accidents, $1000 deductibles, and Kentucky minimum liability limits. Discounts applied include safe-driver, and claim-free. Rate information does not factor in garaging location in Kentucky which can influence premium rates significantly.

For young men, one of the largest components that affect the cost of insurance is where you keep your car in Kentucky. Areas that are more densely populated like Louisville, Ashland, and Saint Matthews tend to have more expensive car insurance rates, whereas areas with less congestion benefit from lower prices.

The following table illustrates the most expensive cities in Kentucky for 20 year old guys in which to buy car insurance.

Premium amounts are comparative as vehicle location can decrease or increase premium rates noticeably.

Tickets and at-fault accidents raise rates

The easiest way to enjoy the cheapest car insurance premiums in Kentucky for young men is to drive carefully and avoid accidents and violations. The example below shows how speeding tickets and at-fault accidents impact insurance costs for different age groups of insureds. The prices are based on a single female driver, comprehensive and collision coverage, $500 deductibles, and no policy discounts are applied.

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The data in the chart shows the average cost of a car insurance policy in Kentucky per year with no violations or accidents is $1,469. Add in two speeding tickets and the average cost hikes up to $1,961, an increase of $492 each year. Then include two accidents along with the two speeding tickets and the yearly cost of car insurance for 20 year old guys jumps again to an average of $3,886. That’s an increase of $2,417, or $201 per month, just for a couple of infractions!