Cheapest Car Insurance in Kentucky (2024)
Farm Bureau has the cheapest average rate for full-coverage car insurance in Kentucky, at $1,020 a year. Travelers is next at $1,776, followed by State Farm at $1,823.
You’ll pay even lower rates if you buy minimum-coverage or liability-only car insurance. Travelers leads the way in this area, charging Kentucky drivers an average of $800 a year.
Cheapest full-coverage car insurance: Farm Bureau
Kentucky drivers get the cheapest full-coverage car insurance rates from Farm Bureau, which charges an average of $1,020 a year. Travelers comes in second at $1,776 a year.
Cheapest full-coverage car insurance in Kentucky
| Company | Average annual rate | LendingTree score |
|---|---|---|
| Farm Bureau | $1,020 | Not rated |
| Travelers | $1,776 |  |
| State Farm | $1,823 | |
| Auto-Owners | $1,868 | Not rated |
| Geico | $2,296 |  |
| Progressive | $2,603 |  |
| Nationwide | $3,312 |  |
| Allstate | $4,036 | |
| USAA* | $1,918 | |
*USAA is only available to military members and their families.
Full-coverage car insurance usually combines three coverage types: liability, collision and comprehensive. Liability coverage helps pay the bills of others involved in an accident you cause. Collision coverage handles your own car repairs after an accident, while comprehensive covers non-accident damage, such as a tree branch falling on your vehicle, as well as theft or vandalism.
You are not required by law to carry full-coverage auto insurance. However, you will probably need to have it if you finance your vehicle.
Cheapest liability-only coverage: Travelers
Travelers has the cheapest car insurance rate for Kentucky drivers looking for liability coverage, at an average of $800 a year. Auto-Owners is next at $864 a year.
While USAA has the cheapest average rate overall in Kentucky, it only sells car insurance to currently serving and retired military, as well as certain family members.
Cheapest companies for liability car insurance in Kentucky
| Company | Average annual rate |
|---|---|
| Travelers | $800 |
| Auto-Owners | $864 |
| Geico | $960 |
| State Farm | $1,059 |
| Progressive | $1,153 |
| Nationwide | $1,584 |
| Farm Bureau | $1,775 |
| Allstate | $1,795 |
| USAA* | $659 |
If you cause a car accident, liability-only car insurance can help cover medical bills and court settlements that arise from it. Most states have minimum liability limits you must carry to drive legally, Kentucky included.
Cheapest rates for young drivers: Farm Bureau
Farm Bureau has the cheapest rates for Kentucky teens looking for liability-only car insurance, at an average of $800 a year. Auto-Owners also offers an affordable average rate of $864 a year.
Cheapest liability car insurance companies for young drivers
| Company | Average annual rate |
|---|---|
| Travelers | $800 |
| Auto-Owners | $864 |
| Geico | $960 |
| State Farm | $1,059 |
| Progressive | $1,153 |
| Nationwide | $1,584 |
| Farm Bureau | $1,775 |
| Allstate | $1,795 |
| USAA* | $659 |
Teen drivers pay the highest car insurance premiums of any age group. This is because teens are at a higher risk of being in an accident. If you’re a parent of a young driver, consider adding them to your policy. Your premium will go up, but the overall cost should still be cheaper than if you and your child had separate car insurance policies.
Cheapest rates after a speeding ticket: Farm Bureau
Kentucky drivers with a speeding ticket find the cheapest car insurance from Farm Bureau, which charges an average rate of $1,020 a year. Auto-Owners comes in second at $1,898 a year.
Cheapest car insurance companies after a ticket
| Company | Average annual rate |
|---|---|
| Farm Bureau | $1,020 |
| Auto-Owners | $1,898 |
| State Farm | $1,943 |
| Travelers | $2,313 |
| Geico | $2,966 |
| Progressive | $3,271 |
| Allstate | $4,774 |
| Nationwide | $6,356 |
| USAA* | $2,424 |
A speeding ticket can stay on your insurance record for three to five years. During that time, you can expect to pay higher premiums.
Cheapest rates after an accident: Farm Bureau
Farm Bureau has the cheapest average auto insurance for Kentucky drivers after an accident, at $1,020 a year. State Farm is next at $2,086 a year.
Cheapest car insurance companies after an accident
| Company | Average annual rate |
|---|---|
| Farm Bureau | $1,020 |
| State Farm | $2,086 |
| Travelers | $2,534 |
| Auto-Owners | $2,578 |
| Progressive | $3,667 |
| Nationwide | $4,929 |
| Geico | $5,430 |
| Allstate | $7,388 |
| USAA* | $2,856 |
Best rates after a DUI: Farm Bureau
Kentucky drivers with a DUI pay $4,605 a year on average. If you’re a driver in Kentucky with a DUI, Farm Bureau has the cheapest average car insurance rate of $2,301 a year. Another affordable option is Travelers, at $2,688 a year.
Cheapest car insurance companies after a DUI
| Company | Average annual rate |
|---|---|
| Farm Bureau | $2,301 |
| Travelers | $2,688 |
| Progressive | $3,473 |
| Auto-Owners | $4,350 |
| Allstate | $5,360 |
| Nationwide | $6,356 |
| Geico | $6,820 |
| State Farm | $7,008 |
| USAA* | $3,086 |
Most drivers pay more for car insurance after a DUI. Your insurer may also cancel your policy, or you might have a hard time finding one elsewhere. This is because insurance companies view drivers with a DUI to be at higher risk than drivers with cleaner records.
Cheapest rates with poor credit: Farm Bureau
Car insurance rates can increase if you have poor credit. Farm Bureau has the lowest average car insurance rate for Kentucky drivers with poor credit, at $3,125 a year. Travelers is second at $3,560 a year.
Cheapest car insurance companies for drivers with poor credit
| Company | Average annual rate |
|---|---|
| Farm Bureau | $3,125 |
| Travelers | $3,560 |
| Geico | $4,246 |
| Progressive | $4,562 |
| Nationwide | $5,073 |
| Auto-Owners | $5,309 |
| State Farm | $7,382 |
| Allstate | $7,853 |
| USAA* | $3,977 |
Some companies look at your credit score while calculating auto insurance quotes. They believe there’s a correlation between credit score and increased chances of filing a claim. This is a controversial topic, and some states prohibit or restrict the use of credit scores in car insurance quotes.
Best car insurance companies in Kentucky
State Farm and Travelers are some of the best car insurance companies in Kentucky due to their cheap rates, good customer service and great offerings.
State Farm has above-average customer satisfaction, according to J.D. Power. The billing process, policy information, claims, customer interactions, policy offerings and price are all factors J.D. Power looks at when creating ratings for companies.
| Company | LendingTree score | J.D. Power customer satisfaction |
|---|---|---|
| State Farm | 4.5 | 842 |
| Travelers | 4.4 | 829 |
| USAA* | 4.1 | 881 |
| Progressive | 3.8 | 819 |
| Geico | 3.7 | 835 |
| Allstate | 3.2 | 824 |
| Nationwide | 2.8 | 815 |
| Auto-Owners | Not rated | 837 |
| Farm Bureau | Not rated | - |
State Farm
- Low full-coverage average rate of $1,823 a year
- 21% lower than state average
- AM Best’s financial strength rating: A++
Pros
Below-average rates for both liability-only and full-coverage policies
Dependable customer service
Great multi-policy discount
Cons
Doesn’t offer many additional coverages
State Farm offers affordable rates for both liability-only and full-coverage policies. State Farm rates average $152 a month for a full-coverage policy and $88 a month for liability car insurance. A few competitors have cheaper average rates than State Farm in Kentucky.
Along with affordable rates, State Farm is in a great financial standing and customers are generally satisfied with the company.
On the other end, State Farm doesn’t offer as many add-ons as some of its competitors. For instance, State Farm doesn’t offer custom parts and equipment coverage.
Travelers
- Low full-coverage average rate of $1,776 a year
- 23% lower than state average
- Low NAIC complaint rating: 0.4
Pros
Offers new car replacement coverage that lasts five years
A++ rating for financial strength from AM Best
Cons
Below-average customer satisfaction score
With Travelers, customers pay $148 a month for a full-coverage policy, on average, and $67 a month for a liability-only coverage policy. Travelers’s liability-only coverage rate is the second-cheapest average rate in our study.
Along with affordable rates, Travelers has a low complaint rating of 0.4 from the National Association of Insurance Commissioners (NAIC), which means it receives fewer complaints than expected for a company of its size. Travelers also has a financial strength rating of A++ from AM Best, which means it’s in good financial standing.
On the other end, Travelers has a below-average score from J.D. Power, which shows customers aren’t entirely satisfied with the company.
Kentucky insurance rates by city
Looking at the 25 most populated cities in Kentucky, Owensboro residents pay the cheapest average rate for car insurance, at $1,701 a year. Louisville residents pay the highest rate of $2,505 a year.
Cheapest car insurance rates in Kentucky’s largest cities
| City | Average annual rate |
|---|---|
| Ashland | $1,979 |
| Bowling Green | $1,785 |
| Covington | $1,792 |
| Danville | $1,890 |
| Elizabethtown | $1,911 |
| Erlanger | $1,717 |
| Florence | $1,761 |
| Frankfort | $1,892 |
| Georgetown | $1,869 |
| Henderson | $1,872 |
| Hopkinsville | $1,869 |
| Independence | $1,751 |
| Jeffersontown | $2,087 |
| Lexington | $1,903 |
| Louisville | $2,505 |
| Madisonville | $1,935 |
| Mount Washington | $2,232 |
| Murray | $1,855 |
| Nicholasville | $1,870 |
| Owensboro | $1,701 |
| Paducah | $1,941 |
| Radcliff | $1,917 |
| Richmond | $1,815 |
| Shelbyville | $2,042 |
| Winchester | $1,899 |
How much is car insurance in Kentucky?
The average cost of car insurance in Kentucky is $2,295 a year for full coverage. This is 14% higher than the national average rate of $1,970 a year. A liability-only car insurance policy can cut down your cost with an average rate of $1,183 a year.
What you pay for car insurance is based on many factors, including:
- Make and model of your car
- ZIP code
- Your insurance history
- Coverage limits and your deductible amounts
- Discounts provided
Car insurance laws in Kentucky
Kentucky is a “no-fault state” for car insurance. This means you can file a claim with your own insurance company for injuries tied to an accident, no matter who caused it.
Kentucky insurers require policyholders to include personal injury protection (PIP) as part of their coverage. PIP helps pay your hospital and other medical bills after an accident, including rehabilitation costs and lost wages.
Minimum coverage for car insurance in Kentucky
The minimum amount of car insurance you need depends on state’s requirements. Kentucky’s required liability coverage limits are:
- $25,000 bodily injury coverage per person
- $50,000 bodily injury coverage per accident
- $25,000 property damage coverage
- $10,000 personal injury protection
Methodology
LendingTree uses insurance rate data from Quadrant Information Services using publicly sourced insurance company filings. Rates are based on an analysis of hundreds of thousands of car insurance quotes for a typical driver. Prices are shown for comparative purposes only. Your own rates may be different.
Unless noted otherwise, quotes are for a full-coverage policy for a 30-year-old man with good credit and a clean driving record who drives a 2015 Honda Civic EX.
Minimum-liability policies provide liability coverage with the state’s required minimum limits.
Full-coverage policies include collision, comprehensive and liability coverage:
- Bodily injury liability: $50,000 per person, $100,000 per accident
- Property damage liability: $25,000
- Uninsured and underinsured motorist bodily injury: $50,000 per person and $100,000 per accident
- Personal injury protection: $10,000
- Collision: $500 deductible
- Comprehensive: $500 deductible
Our team of insurance experts rated insurance companies based on several categories. These categories include average rates, discounts, coverage options, third party customer service ratings, and app / website experience. We weighted these categories based on what customers value in an insurance company.
For 3rd party customer service ratings, we included NAIC’s Complaint Index scores and financial strength ratings from A.M. Best. NAIC Complaint Index scores are used to determine how satisfied customers are with their claims, while financial strength ratings from A.M. Best reflect the ability to pay out claims.
Overall satisfaction ratings are from the J.D. Power 2023 U.S. Auto Insurance Study. Complaint ratings are based on NAIC data from 2023.
*USAA is only available to military members and their families.
Frequently asked questions
Farm Bureau has the cheapest rate for full-coverage car insurance in Kentucky, at $1,020 a year. Travelers has the cheapest rate for liability-only coverage, at $800 a year.
The average annual cost of full-coverage car insurance in Kentucky is $2,295, and the average cost for liability-only coverage is $1,183. Kentucky’s full-coverage rate is 16% higher than the national average rate of $1,976 a year. The state liability-only rate is 53% higher than the national average of $773.