Cheapest Car Insurance for Uber Drivers in Kentucky

The words “low-priced” and “insurance” really don’t belong together, specifically when comparison shopping for the cheapest auto insurance for Uber drivers. In an attempt to save some money, let’s familiarize you with some of the factors that determine car insurance prices, and find out if we can help you lower the price of your next policy.

One of the key things used to establish the cost of insurance is where your car is garaged in Kentucky. Areas that are more densely populated like Louisville, Jeffersontown, and Radcliff tend to pay more, whereas areas with fewer weather claims and lower vehicle theft rates profit from lower rates.

The following table shows the most expensive cities in Kentucky for Uber drivers to buy car insurance in.

Rate information is estimated as the specific zip code location can revise rates substantially.

The make and model of vehicle you are insuring is one of the primary factors when comparing the cheapest auto insurance for Uber drivers in Kentucky. Vehicles with high performance features, poor safety features, or a high likelihood of having liability claims will cost more to insure than safer, lower-performance models. The next list outlines auto insurance prices for some of the most cost-effective vehicles to insure in Kentucky.

Prices above based on single female driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Kentucky minimum liability limits. Discounts applied include homeowner, multi-policy, multi-vehicle, claim-free, and safe-driver. Rate information does not factor in specific zip code location which can affect price quotes substantially.

By looking at the data, you can see that cars like the Honda Accord, Honda CR-V, Hyundai Tucson, and Toyota Highlander will definitely be the most budget-friendly vehicles to insure for Uber vehicles.

Finding a highly-rated insurance provider is difficult considering how many different companies insure vehicles in Kentucky. The rank data below could help you select which coverage providers you want to consider comparing rates from.

These rankings are only made up of companies with a nationwide focus, so smaller regional companies will not be included in the list. To view rates from the most competitive companies in Kentucky, follow this link.

Top 10 Large Car Insurance Companies in Kentucky Ranked by Claims Service

1. Travelers
2. Allstate
3. Nationwide
4. State Farm
5. GEICO
6. Liberty Mutual
7. American Family
8. Esurance
9. AAA Insurance
10. The Hartford

Top 10 Large Car Insurance Companies Overall in Kentucky

1. Travelers
2. USAA
3. AAA Insurance
4. Nationwide
5. Allstate
6. State Farm
7. The Hartford
8. Safeco Insurance
9. Progressive
10. American Family

Find the cheapest auto insurance for Uber drivers in Kentucky

Here are some of the better penny-pinching solutions that can help Kentucky drivers locate cheaper coverage.

• If possible, pay for small claims out-of-pocket
• Increase physical damage deductibles
• Avoid at-fault accidents and claims
• Save money by insuring your home and auto with the same company
• Drive safely
• Higher credit scores may earn you cheaper rates
• Compare rates often to find the best deal

The final tip is extraordinarily important, as was affirmed in this article. Coverage prices vary greatly, so don’t be tentative to change to a new company if you find a cheaper price. Being loyal to a particular company is commendable, but it’s not a good idea if it’s costing you money that could be going to better use. Now is a great time to compare rates and find cheaper insurance for Uber drivers.

Who has the cheapest insurance quotes for Uber vehicles?

You have many ways to find affordable auto insurance in Kentucky, but the most frequently used ways are through an independent agent, an exclusive agency like Auto-Owners or State Farm, or from a direct company like Geico or Progressive. You can use whichever method you prefer, but buyers should know the differences in how they price policies.

Independent insurance agents write for multiple companies and can compare coverage rates with all of them. These agents have the option to provide multiple price quotes, which may provide you with more bang for your buck. If they find a cheaper price, they simply move the coverage in-house which prevents you from having to find a new agency.

Exclusive agencies are only able to write business for just one company, examples being State Farm and Allstate agents. Exclusive agencies are unable to provide prices from multiple companies, so they are skilled at selling on more than just price.

The last way is buying direct, which means you do not use local agents and instead shop direct online or over the phone from a company like Geico or Progressive. This option is a good choice for consumers who do not need complex risk management and have knowledge of what auto insurance covers.

So comparing independent agents, exclusive agents, and direct, which one works best to find the cheapest auto insurance for Uber drivers in Kentucky? Most people would assume that buying direct saves money since it doesn’t require paying agent commissions, but unfortunately, that is not always true. It could also be said buying from an independent agent guarantees the cheapest rates since there are more companies to choose from, but again, it’s not a sure thing. In the right set of circumstances, exclusive agents may have prices well below independent agents AND direct companies.

Because of the variability of auto insurance rates, the best method to get the cheapest rates is to get quotes and compare the rates. It’s recommended that drivers get rate quotes from independent agents, exclusive agents, and direct companies in order to find the best price. For a list of companies with online discounts, click here to view.