How Much Does Car Insurance Cost for Good Students in Kentucky?

The vehicle model that is being insured is one of the largest factors when shopping around for cheaper car insurance for good students. Vehicles with lower acceleration and performance, an excellent safety record, or low incidents of liability claims will cost substantially less to insure than high performance models.

The next list showcases insurance rates for a number of the cheaper vehicles to buy insurance for.

Data based on single female driver age 17, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Kentucky minimum liability limits. Discounts applied include claim-free, and safe-driver. Estimates do not factor in garaging location in Kentucky which can increase or decrease insurance rates substantially.

Looking at the data, you can presume that cars like the Honda Accord, Hyundai Elantra, and Ford Escape are most likely to be the most budget-friendly vehicles to insure for student drivers.

For student drivers, one of the big components that auto insurance companies use to calculate rate quotes is your address. Areas with more people like Louisville, Jeffersontown, and Paducah tend to have more expensive car insurance rates, whereas areas with less congestion benefit from lower rates.

The information below ranks the most costly cities in Kentucky for good students to buy car insurance in.

Table data uses approximated as the vehicle garaging location can lower or raise coverage rates substantially.

Finding decent, affordable car insurance is not the easiest thing to accomplish, and determining which company quotes the best car insurance rates for good students will involve even more perseverance. Every auto insurer has their own guidelines for setting prices, so we need to take a look at the car insurance companies with the most affordable rates in Kentucky.

It’s important to know that Kentucky car insurance rates are calculated based on many things that will increase or decrease the policy premium. Simply having another birthday, buying a home, or getting a ticket for careless driving can trigger price changes that may make certain companies much higher than others.

Cheapest Insurance Rates for Students

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Cincinnati Insurance offers some of the cheapest car insurance rates in Kentucky at around $1,093 a year. Kentucky Farm Bureau, USAA, Auto-Owners, and Motorists Mutual also rank well as some of the cheapest Kentucky auto insurance companies.

As shown above, if you are a policyholder with Auto-Owners and switched to Kentucky Farm Bureau, you could realize annual savings of around $239. Drivers with Motorists Mutual could save as much as $427 a year, and Travelers policyholders might reduce rates by $440 a year.

To find cheap insurance for good students in Kentucky for your vehicle, click here to start your free quote or visit any of the companies below.

Be aware that those prices are averaged across all ages of drivers and types of vehicles and do not take into consideration a rate discount for good students. So the car insurance company that can offer you the best price may not even be in the above list. That underscores the importance of why you need to get quotes using your own specific driver information and vehicle.

Get discount Kentucky insurance

Insurance companies that provide cheap insurance for good students in Kentucky could also offer rate discounts that can lower rates by as much as 35% if you meet certain criteria. A list of companies and some of their more popular discounts are included below.

• Farm Bureau discounts include multi-vehicle, safe driver, renewal discount, youthful driver, 55 and retired, good student, and multi-policy.
• MetLife includes discounts for claim-free, good student, good driver, accident-free, defensive driver, multi-policy
• Progressive may include discounts for online quote discount, homeowner, good student, multi-policy, multi-vehicle, and online signing.
• AAA policyholders can earn discounts including anti-theft, good student, multi-car, good driver, pay-in-full, and multi-policy.
• American Family may offer discounts for multi-vehicle, mySafetyValet, accident-free, TimeAway discount, and early bird.
• GEICO offers premium reductions for seat belt use, anti-theft, good student, driver training, defensive driver, air bags, and multi-policy.
• State Farm offers discounts for passive restraint, safe vehicle, student away at school, good driver, and multiple autos.

The chart below visualizes the comparison of insurance costs with and without policy discounts. The prices are based on a male driver, no claims, a clean driving record, Kentucky state minimum liability limits, comp and collision included, and $100 deductibles.

The first bar for each age group shows insurance cost with no discounts. The second bar shows the rates with anti-theft, continuous coverage, paperless filing, vehicle safety, good student, and paid-in-full discounts applied. When these discounts are applied to the policy premium, the average amount saved each year on car insurance for good students is 28% or $895.

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Company comparison: Allstate vs Progressive vs Geico vs State Farm

If you’re looking for the best auto insurance for student drivers, some of the largest companies to start with are Allstate, Progressive, Geico, and State Farm. Combined they make up about 50% of the entire U.S. car insurance market. They all offer your standard coverages, but each one has different optional coverages and features that you can select from. The following table breaks down price, claims, and customer service ratings, as well as some optional coverages that may be available in Kentucky.