Cheap Insurance for Ride Shares in Kentucky

The car, truck, or SUV to be insured is probably the biggest factor when comparing cheap insurance in Kentucky. Vehicles with lower performance, a great safety record, or a positive history of liability claims will cost significantly less to insure than high performance models. The next list illustrates coverage costs for a selection of the most budget-friendly automobiles to insure.

Data based on single female driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Kentucky minimum liability limits. Discounts applied include multi-vehicle, homeowner, multi-policy, safe-driver, and claim-free. Premium costs do not factor in specific zip code location which can change premiums significantly.

Based upon the table data, we can infer that makes and models like the Ford Explorer, Jeep Wrangler, and Subaru Forester are the more affordable vehicles to insure .

Deciphering which companies offer the cheapest auto insurance rates takes a bit more work in order to find the lowest price quote. Each auto insurer used slightly different criteria for establishing rates, so we’ll go over the most affordable auto insurance companies in Kentucky.

It’s important to know that Kentucky auto insurance rates are determined by lots of factors that control the price you have to pay. Simply improving your credit, buying higher coverage limits, or getting caught speeding can trigger changes in premium that may make certain companies cheaper in comparison to the competition.

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Cincinnati Insurance may have some of the cheapest car insurance rates in Kentucky at around $1,126 annually. Kentucky Farm Bureau, USAA, Auto-Owners, and Motorists Mutual are also some of the lowest-priced Kentucky auto insurance companies.

As the rates illustrate above, if you are currently insured with USAA and switched to Cincinnati Insurance, you may see annual savings of approxmiately $49. Policyholders with Auto-Owners may save as much as $273 a year, and Motorists Mutual customers might lower prices by up to $491 a year.

To find cheap insurance in Kentucky for your vehicle, click here to start your free quote or click several companies below for low rates.

Understand that those rates are averages across all types of insureds and vehicles and and are not figured with a rate discount . So the company that has the lowest price for you may not even be shown in the above list. That is why you need to compare rates from as many companies as possible using your own individual information.

The illustration below demonstrates how deductible levels can raise or lower insurance costs when getting quotes for cheap insurance . The rates are based on a single female driver, full physical damage coverage, and no discounts are applied.

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The chart above illustrates that a 50-year-old driver could lower their car insurance rates by $310 a year by switching the physical damage coverage from a $100 deductible up to a $500 deductible, or save $468 by using a $1,000 deductible. Even younger drivers, such as the 20-year-old example, could lower their rates as much as $788 every year by choosing a higher deductible.

When insureds make the decision to increase the deductibles on their policy, it is a good idea to have plenty of savings on hand to allow you to cover the extra out-of-pocket expense, which is the main drawback of higher deductibles.