How Much Is Car Insurance in Kentucky? Rates by Coverage Level, Age, Driving History and Location

The average car insurance cost in Kentucky is $1,405 annually, slightly lower than the national average of $1,424 per year. Kentucky ranks 37 in car insurance costs nationwide — one being the cheapest — when using averages for many companies and locations for a sample driver. In this guide, MoneyGeek broke down averages by coverage level, age, driving history, credit score and location.

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The average rate for car insurance in Kentucky is $1,405 annually for a 40-year-old driver who has a full coverage policy and a clean driving record.

For the same 40-year-old driver, a policy with the state's minimum required coverage costs an average of $847 per year. The prices can vary widely depending on a driver’s characteristics. For example, a young driver (16-year-old) pays an average of $3,944 per year for a full coverage policy — $2,539 more than a 40-year-old.

To get a better idea of how car insurance rates change, MoneyGeek has broken down Kentucky’s average insurance costs by various factors.

Average Cost of Car Insurance in Kentucky: Summary

MoneyGeek identified different factors that influence how much car insurance is in Kentucky.

Age and credit history have the most significant impact in Kentucky on car insurance costs, but driving record, location and coverage amounts are influential as well.

Average Costs of Car Insurance in Kentucky

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Why Are Car Insurance Rates Average in Kentucky?

MoneyGeek’s research shows that Kentucky has average car insurance rates among all states because of its moderate levels of traffic density, uninsured drivers and vehicle theft. What helps keep Kentucky’s auto insurance rates lower than the national average is a low probability of natural disasters and a low urban population of 58%.

Kentucky also has a no-fault insurance law, which increases insurance costs since the insurance company has to cover injuries in an accident regardless of who is to blame.

Depending on where you live in Kentucky, you may experience higher car insurance rates because of local factors, such as vehicle theft rates, traffic congestion, and if it’s an urban area.

Average Cost of Car Insurance in Kentucky: Full Coverage vs. Minimum Coverage

In Kentucky, an auto policy meeting the state’s minimum required liability coverage has an average annual cost of $847. A full coverage auto policy in Kentucky costs an average of $1,405 per year — an increase of $558.

Your average car insurance rate is higher in Kentucky if you buy a full coverage policy that includes comprehensive, liability and collision coverage. A minimum liability auto policy in Kentucky is always significantly lower than full coverage but does not provide extra protection.

Average Cost of Car Insurance in Kentucky by Coverage Level

Minimum vs. Full Coverage Car Insurance Costs in Kentucky - By Company

Your choice of insurance company significantly impacts your car insurance costs in Kentucky since every company has different rates.

State Farm has the cheapest minimum required auto insurance policy and full coverage insurance options in Kentucky that are available to everyone.

USAA is the most affordable option for military families, offering the cheapest liability-only and full coverage car insurance in Kentucky.

MetLife, on average, is the most expensive option for minimum liability coverage and a full coverage auto insurance policy.

Average Annual Costs of Car Insurance in Kentucky - By Company

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How Much Is Car Insurance in Kentucky by Age

Your age plays a significant role in determining the cost of car insurance in Kentucky. If you’re a young driver, insurance companies believe you are more likely to cause accidents, and you get more expensive car insurance quotes.

MoneyGeek’s data shows an average cost difference of $2,539 per year between a 16-year-old’s and a 40-year-old’s auto insurance policy in Kentucky.

As a teenage driver in Kentucky, you can save money on auto insurance premiums if you join your parent’s policy. If you’re a first-time driver, you may get the same rates as teenagers because insurance companies treat both first-time drivers and young drivers the same.

Average Costs of Full Coverage Car Insurance in Kentucky - By Age

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  • Age
    Annual Premium
  • $3,944
  • $3,808
  • $3,468
  • $3,433
  • $2,948
  • $2,305
  • $2,148
  • $1,914
  • $1,749
  • $1,568
  • $1,427
  • 40
    $1,405
  • $1,347

How Does Driving History Affect Car Insurance Costs in Kentucky?

People with a clean driving record pay a lower insurance premium because it shows that they are less likely to get into accidents or break traffic laws. If you have a bad driving record, Kentucky car insurance companies will charge a higher rate; however, you can still find affordable auto insurance options.

MoneyGeek’s research shows that with a speeding ticket, you pay an average of $278 more per year in Kentucky than someone who has no traffic violations. An accident could raise your auto policy rate by as much as $742 per year.

Average Costs of Full Coverage Car Insurance in Kentucky - By Driving History

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  • Driving Violation
    Annual Premium
  • Safe Driver
    $1,405
  • Speeding Ticket
    $1,683
  • At-Fault Accident
    $2,147
  • DUI
    $2,597

Credit Scores and the Cost of Car Insurance in Kentucky

Credit history significantly affects the cost of car insurance in Kentucky. MoneyGeek analysis finds that people with a poor credit score in Kentucky pay an average of $1,535 more per year compared to those with a good credit score.

If you have an excellent credit score, your Kentucky car insurance rate may be an average of $300 less per year than someone with a good credit score.

People with poor credit scores or bad credit pay higher car insurance rates; however, by shopping around, they can still find cheap auto insurance in Kentucky.

Average Costs of Full Coverage Car Insurance in Kentucky - By Credit Score

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  • Credit Score
    Annual Premium
  • Excellent
    $1,187
  • Good
    $1,488
  • Fair
    $1,862
  • Below Fair
    $2,379
  • Poor
    $3,023

How Much Is Car Insurance in Your City?

MoneyGeek’s research finds that car insurance rates in Kentucky vary between cities due to various factors.

Lexington has the most affordable car insurance policies in Kentucky, with an average annual cost of $1,201, which is less than the average car insurance cost of $1,405 in the state. Louisville has the most expensive car insurance rates with an average cost of $1,610 per year — more than $200 over Kentucky’s average auto policy rate.

If you live in a densely populated area with a higher risk of accidents and vehicle theft, your car insurance premium will cost more. The likelihood of a natural disaster also influences how much you pay for auto insurance.

Average Costs of Full Coverage Car Insurance in Kentucky - By City

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Frequently Asked Questions About Kentucky Car Insurance Rates

The following frequently asked questions about Kentucky car insurance rates can help you understand key details that affect pricing.

Methodology

MoneyGeek car insurance quotes were collected in collaboration with Quadrant Information Services. The mentioned policies were for a 40-year-old driver with a clean driving record and full coverage unless altered by the factors described above, including coverage levels, age, driving violations, location and credit score. Our methodology page describes the extent of a full coverage policy.

MoneyGeek also collected the following data on traffic, uninsured drivers, the urban share of the population and motor vehicle theft rates:

  • Highway traffic density was calculated with 2019 data from the Federal Highway Administration
  • Data on uninsured motorists was drawn from 2019 data from the Insurance Research Council
  • Urban share of population was calculated using the latest data from the U.S. Census Bureau
  • Data on motor vehicle theft rate was drawn from the FBI Crime in the United States Report for 2019

About the Author


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Mark Fitzpatrick is a senior content manager with MoneyGeek specializing in insurance. Mark has years of experience analyzing the insurance market and creating original research and content. He graduated from Boston College with a Bachelor of Arts and Johns Hopkins University with a Master of Arts.