Who Has Cheap Car Insurance for Uninsured Drivers in Kentucky?

We all like different vehicles, and the type of vehicle requiring coverage is one of the primary factors when looking for cheap auto insurance for uninsured drivers in Kentucky. Vehicles with lots of horsepower, poor passenger safety features, or a track record of large liability claims will cost substantially more to insure than more modest models. The tables below features insurance rates for some of the cheaper vehicles to insure.

Premium data assumes married male driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Kentucky minimum liability limits. Discounts applied include multi-vehicle, multi-policy, claim-free, homeowner, and safe-driver. Information does not factor in specific zip code location which can affect coverage prices substantially.

Prices based on married male driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Kentucky minimum liability limits. Discounts applied include homeowner, multi-policy, claim-free, safe-driver, and multi-vehicle. Estimates do not factor in specific location which can influence auto insurance rates substantially.

Data based on married male driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Kentucky minimum liability limits. Discounts applied include multi-policy, homeowner, multi-vehicle, claim-free, and safe-driver. Table data does not factor in vehicle garaging location which can change rates greatly.

For drivers with no prior coverage, one of the largest criteria that establish the annual cost of car insurance is where your residence is in Kentucky. More populated areas like Louisville, Jeffersontown, and Ashland tend to pay higher rates, whereas more rural areas generally have lower rates.

The table below rates the highest-priced places in Kentucky for uninsured drivers to buy auto insurance in.

Premium costs are approximated as specific location information can lower or raise premiums noticeably.

Finding dependable, reasonably-priced insurance is not the easiest thing to do, and determining which company has the best car insurance rates for uninsured drivers involves a little more work. Each auto insurer uses different criteria for setting rates, so first let’s look at the rankings for the car insurance companies with the most affordable rates in Kentucky.

It’s a good idea to know that Kentucky car insurance rates are impacted by many things that will increase or decrease the cost of your policy. This is why it is crucial to do a thorough rate comparison to find the lowest car insurance quotes for uninsured drivers. Insurance prices can be altered by many risk factors and change frequently, so the most economical option when you last compared rates may now be costing you a lot of money.

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Cincinnati Insurance quotes some of the most affordable car insurance rates in Kentucky at around $1,093 annually. Kentucky Farm Bureau, USAA, Auto-Owners, and Motorists Mutual would also make the list of some of the cheapest Kentucky insurance companies.

As shown in the rates above, if you are a policyholder with Auto-Owners and switched to Cincinnati Insurance, you might achieve an annual savings of in the vicinity of $306. Insureds with Motorists Mutual could save as much as $460 a year, and Grange Mutual policyholders might reduce rates by $532 a year.

To discover how much you can save, click here to start your free quote or feel free to get quotes from the companies below.

Bear in mind that those premiums are averages across all types of drivers and the different vehicles they drive and do not take into consideration a price decrease for uninsured drivers. So the auto insurance company that can offer you the lowest price may not even be in the list of companies above. That points out the importance of why you need to get quotes using your own personal information and vehicle type.

The information below highlights how deductible choice can affect insurance costs when trying to find cheap insurance for uninsured drivers. The premiums assume a single female driver, comprehensive and collision coverage, and no discounts are applied.

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The data above shows that a 30-year-old driver could reduce rates by $400 a year by switching from a $100 deductible up to a $500 deductible, or save $602 by selecting a $1,000 deductible. Younger drivers, such as the 20-year-old example, have the ability to save as much as $898 annually just by using higher deductibles. If you do raise deductibles, it will be important to have additional funds in a savings account to enable you to cover the extra out-of-pocket expense, which is the one disadvantage of using larger deductibles.

How to find the cheapest car insurance for uninsured drivers

The list below shows a few thrifty solutions that can help Kentucky drivers locate lower-cost coverage.

• Increase deductibles to save money
• Violations like speeding or DUI increase rates
• Try to not file small claims
• Don’t waste money on full coverage for older vehicles
• Avoid accidents and claims
• Look for cheaper rates once a year by shopping around

The last tip is extremely necessary, as we discussed in the prior article. Prices can change considerably in a year, so drivers shouldn’t be resistant to buy from a new company if you find a cheaper price. Many drivers have brand loyalty and that’s fine, but it’s not recommended if that devotedness results in you overpaying a considerable chunk of change every month. It only takes a couple minutes to compare prices to find cheaper insurance for uninsured drivers.

Cheap insurance quotes for drivers with no prior coverage

There are quite a few ways to get affordable car insurance quotes in Kentucky, but the most popular are from a non-exclusive or independent agent, an exclusive agency such as Allstate or Liberty Mutual, or from a direct company like Geico or Progressive. You can use whichever you prefer, but it’s good to know the differences in how they work.

Independent agencies work with multiple companies and can provide price quotes from all of them. These agents do not work for one specific company and can give you more rate choices, which can give you a better chance of finding cheaper coverage. If they find a cheaper price, they simply move the coverage in-house and you won’t have to switch agencies.

Exclusive agents are usually just provide rates from one company, two popular examples being an Auto-Owners or State Farm agent. They are unable to provide other companys’ prices, which does not give you the best rate comparison.

Drivers who opt to buy car insurance direct forego a local insurance agent and instead buy direct online or over the phone from a company like Progressive or Geico. Buying car insurance direct is a good choice for families who have limited assets and know more than average about what coverages they need.

So which of those three methods works best to find cheap auto insurance for uninsured drivers in Kentucky? We’d like to tell you buying direct saves the most money since there is no need to pay agent commissions, but that turns out to not be true. We could also assume that an independent agent is the best way because they can shop around, but again, it’s not necessarily true. And occasionally, exclusive agencies have very competitive rates that independents and direct companies can’t touch.

Since car insurance companies use so many rating factors, the only real way to buy the cheapest coverage is to compare lots of quotes. The ideal approach is to get quotes from all three to give yourself the best selection. For a list of companies with online discounts, click here to view.