Best Cheap Auto Insurance for Nurses in Kentucky

The words “low-priced” and “auto insurance” probably shouldn’t be used together, specifically when you are looking for the best price on coverage for nurses. Because it’s so expensive, let’s start the ball rolling by going over some of the things that influence insurance premiums, and find out if we can help you lower the cost of your next policy.

When shopping for the cheapest auto insurance for health professionals, one of the many criteria that determine insurance cost is where you keep your vehicle in Kentucky. Areas with increased crime or more people like Louisville, Jeffersontown, and Ashland tend to pay slightly more, whereas areas with fewer weather claims and lower vehicle theft rates have the luxury of lower rates.

The following table ranks the most expensive places in Kentucky for nurses to buy auto insurance in.

Rates are comparative as the specific Kentucky residence address can revise rates greatly.

Finding dependable, cost effective insurance is not always easy, and deciding which company offers the cheapest auto insurance rates for nurses requires even more shopping around. Insurance rates will be somewhat less expensive than the average rate in Kentucky because of the potentially lower risk associated with selling coverage for health professionals. Competitively-priced insurance should be readily available with minimal effort.
Every auto insurer has a unique formula for determining rates in each state, so let’s take a look at the most competitive auto insurance companies in Kentucky.

It’s a good idea to know that Kentucky auto insurance rates are based on many factors that will increase or decrease the cost of having a policy. This is why it is so important to shop around to get the most economical auto insurance quotes for nurses. Insurance prices are calculated by many factors and change frequently, so the best price two years ago may now cost much more than other companies.

Best Insurance Companies for Health Occupations

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Cincinnati Insurance has some of the most affordable car insurance rates in Kentucky at around $1,115 each year. Kentucky Farm Bureau, USAA, Auto-Owners, and Motorists Mutual also are some of the lowest-priced Kentucky car insurance companies.

As the rates illustrate above, if you buy coverage from Auto-Owners and switched to Cincinnati Insurance, you may see annual savings of around $242. Policyholders with Motorists Mutual might save as much as $438 a year, and Grange Mutual insureds might lower prices by up to $494 a year.

These policy prices are averages across all drivers and vehicles and do not take into consideration a price decrease for nurses. So the auto insurance company that has the cheapest price for you may not even be included in the list of companies shown earlier. That underscores the importance of why you need to quote rates from as many companies as possible using your own driver information and specific vehicle type.

The chart below illustrates how choosing a deductible can raise or lower insurance prices when trying to find cheap insurance for nurses. The premiums are based on a married female driver, comp and collision included, and no discounts are taken into consideration.

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A 30-year-old driver could pocket $256 a year by switching the physical damage coverage from a $100 deductible to a $500 deductible, or save $390 by changing to a $1,000 deductible. Young drivers, like the Age 20 category, could roll back prices $554 every year by selecting a higher deductible. When insureds make the decision to increase the deductibles on their policy, it will be important to have enough in a savings account to enable you to pay the extra out-of-pocket expense that deters many people from opting for higher deductibles.

State Farm, Geico, Progressive, and Allstate compared

If you’re looking for the best auto insurance for health professionals, the first places to look would be State Farm, Geico, Progressive, and Allstate. When added together, they make up about half of all vehicles in the U.S.. The next table points out price and claims rank as well as some different options .

How to find the cheapest auto insurance for nurses

The list below shows some penny-pinching suggestions that can help you get the cheapest coverage.

• Drop full coverage on older vehicles
• Save money by observing traffic laws and speed limits
• Avoid filing excessive claims
• Prevent price hikes by avoiding at-fault accidents
• Raise your deductibles
• Compare price quotes at least once a year

That last tip is very necessary, as was affirmed in the article above. Insurance prices can be modified anytime, so drivers shouldn’t be resistant to switch companies if a cheaper price is available. Loyalty to a specific company is fine, but it’s not a great idea if that loyalty ends up costing big bucks every year. In just a couple of minutes you could compare rates to find cheaper car insurance for nurses.