Wouldn’t it be perfect if we could just give you the name of the single best car insurance company that has the cheapest car insurance rates for drivers with a bad driving record? It’s just not that easy, however, as there are a whole slew of unknown factors such as the annual mileage you drive, when you were born, the likelihood of vehicle theft where you live, and the level of liability coverage you want, that all influence how much you pay for auto insurance. This article should teach you a little about the best ways to avoid paying too much and will give you a good beginning to your search for cheaper coverage.
The vehicle to be insured is one of the largest factors that determines if you can find the most economical auto insurance for drivers with a bad driving record. Vehicles with lots of speed or power, poor safety ratings, or a history of substantial liability claims will cost significantly more to insure than safer, lower-performance models. The table below outlines coverage costs for a selection of the most economical vehicles to buy coverage for.
| Make and Model | Estimated Cost for Full Coverage |
|---|---|
| Honda CR-V EX-L 2WD | $6,411 |
| Ford Escape XLT 2WD | $6,604 |
| Honda Accord LX 4-Dr Sedan | $6,611 |
| Toyota Prius | $7,049 |
| Ford Explorer XLT AWD | $7,163 |
| Honda Civic DX 4-Dr Sedan | $7,434 |
| Dodge Grand Caravan SE | $7,479 |
| Toyota RAV4 Sport 4WD | $7,506 |
| Toyota Tacoma Double Cab 4WD | $7,578 |
| Honda Odyssey EX W/Rear Entertainment | $7,659 |
| Chevrolet Impala LS | $7,728 |
| Chevrolet Malibu LT | $7,816 |
| Toyota Corolla LE | $7,849 |
| Ford Edge Sport AWD | $7,855 |
| Volkswagen Jetta SEL 4-Dr Sedan | $7,921 |
| Chevrolet Silverado LTZ Extended Cab 4WD | $7,930 |
| Hyundai Elantra Blue 4-Dr Sedan | $8,068 |
| Ford Focus SEL 4-Dr Sedan | $8,078 |
| Toyota Camry SE | $8,156 |
| Nissan Altima 3.5 SR 4-Dr Sedan | $8,174 |
| Ford F-150 Lariat Crew Cab Harley 2WD | $8,184 |
| Chevrolet Equinox LTZ 2WD | $8,243 |
| GMC Sierra 2500HD SLE Extended Cab 4WD | $8,251 |
| Start Your Quote Go | |
Data assumes single male driver age 50, two speeding tickets, two at-fault accidents, $1,000 deductibles, and Kentucky minimum liability limits. Discounts applied include multi-policy, multi-vehicle, and homeowner. Rates do not factor in specific location which can alter price quotes greatly.
Based on these rates, you can expect models like the Honda CR-V, Ford Escape, Honda Accord, and Toyota Prius should be a few of the cheapest vehicles to insure for bad drivers. The price for car insurance will be higher anyway just because there is more liability risk for drivers with a bad driving record, but overall those specific models will most likely have the cheapest car insurance rates that you’ll find.
Deciding which companies have the lowest-priced car insurance rates for drivers with a bad driving record involves more work than just comparing rates from one or two companies. Every car insurance company uses their own formula to determine premium rates, so let’s rank the car insurance companies with the overall best prices in Kentucky.
It’s important that you understand Kentucky car insurance rates are impacted by many factors that control your annual premium. Getting older, marrying your spouse, or getting caught speeding can trigger rate changes that can now make some companies more affordable than the competition.
Best Auto Insurance Prices for Imperfect Drivers
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | Cincinnati Insurance | $1,126 |
| 2 | Kentucky Farm Bureau | $1,163 |
| 3 | USAA | $1,211 |
| 4 | Auto-Owners | $1,399 |
| 5 | Motorists Mutual | $1,553 |
| 6 | Grange Mutual | $1,625 |
| 7 | Travelers | $1,680 |
| 8 | State Farm | $1,848 |
| 9 | Westfield | $1,888 |
| 10 | Safe Auto | $1,932 |
| 11 | Progressive | $2,056 |
| 12 | Nationwide | $2,064 |
| 13 | Electric | $2,097 |
| 14 | State Auto | $2,254 |
| 15 | Encompass | $2,288 |
| 16 | GEICO | $2,413 |
| 17 | Safeco | $2,791 |
| 18 | Shelter | $3,135 |
| 19 | MetLife | $3,146 |
| 20 | Liberty Mutual | $3,598 |
| Quote Your Rates Go | ||
Cincinnati Insurance has some of the cheapest car insurance rates in Louisville at around $1,126 a year. Kentucky Farm Bureau, USAA, Auto-Owners, and Motorists Mutual also are some of the most economical Louisville, KY auto insurance companies.
As illustrated above, if you buy coverage from Motorists Mutual and switched to Kentucky Farm Bureau, you could earn a yearly price reduction of approximately $390. Insureds with Grange Mutual might save as much as $462 a year, and Travelers policyholders might reduce rates by $517 a year.
These premiums are averaged across all types of insureds and vehicles and do not take into consideration a specific location for drivers with a bad driving record. So the company that can offer you the lowest price may not even be in the top 21 companies in the list above. That is why you need to get auto insurance quotes using your own specific driver and vehicle information.
For bad drivers, one of the more important criteria that determine the cost of insurance is where your residence is. More densely populated places tend to pay more, whereas more rural areas have the luxury of lower rates.
The following table lists the priciest cities in Kentucky for drivers with a bad driving record to purchase a policy in. Louisville shows up at #1 with an annual rate of $2,112 for the average policyholder, which is approximately $176 each month.
| Rank | City | Premium Per Year |
|---|---|---|
| 1 | Louisville | $2,112 |
| 2 | Frankfort | $1,795 |
| 3 | Ashland | $1,724 |
| 4 | Jeffersontown | $1,719 |
| 5 | Saint Matthews | $1,660 |
| 6 | Murray | $1,613 |
| 7 | Radcliff | $1,606 |
| 8 | Paducah | $1,583 |
| 9 | Elizabethtown | $1,563 |
| 10 | Madisonville | $1,552 |
| 11 | Danville | $1,549 |
| 12 | Henderson | $1,541 |
| 13 | Richmond | $1,520 |
| 14 | Nicholasville | $1,519 |
| 15 | Lexington | $1,514 |
| 16 | Winchester | $1,501 |
| 17 | Georgetown | $1,491 |
| 18 | Independence | $1,480 |
| 19 | Erlanger | $1,478 |
| 20 | Hopkinsville | $1,478 |
| Find the Best Rates Go | ||
Rates are approximated as the vehicle garaging location can influence auto insurance rates noticeably.
Responsible drivers pay cheaper Louisville car insurance rates
The easiest method to get cheap car insurance rates for bad drivers is to be a careful driver and not have accidents or get tickets. The chart below demonstrates how traffic citations and fender-benders can affect car insurance rates for each different age group. The data assumes a single male driver, full physical damage coverage, $250 deductibles, and no other discounts are factored in.
The data above shows the average cost of car insurance in Kentucky per year with no violations or accidents is $1,718. Add in two speeding tickets and the average cost hikes up to $2,273, an increase of $556 each year. Now add one accident along with the two speeding tickets and the yearly cost of car insurance for drivers with a bad driving record increases to an average of $2,828. That’s an increase of $1,111, or $93 per month, just for being a little careless behind the wheel!
Types of discounts on Louisville auto insurance rates
Insurance providers that provide coverage for drivers with a bad driving record may additionally offer policy discounts that can lower rates by as much as 35% or more if you are eligible to receive them. A list of car insurance companies and some of the discounts can be found below.
- Mercury Insurance may offer discounts for anti-theft, multi-policy, multi-car, age of vehicle, accident-free, and low natural disaster claims.
- Farmers Insurance includes discounts for early shopping, homeowner, pay in full, alternative fuel, multi-car, and good student.
- Farm Bureau has discounts for youthful driver, multi-vehicle, safe driver, 55 and retired, driver training, multi-policy, and renewal discount.
- State Farm may have discounts that include accident-free, Steer Clear safe driver discount, driver’s education, student away at school, anti-theft, safe vehicle, and multiple policy.
- Allstate has savings for resident student, anti-theft, EZ pay plan discount, FullPay discount, and early signing.
- GEICO discounts include military active duty, seat belt use, multi-policy, membership and employees, good student, and emergency military deployment.
The chart below illustrates the comparison of auto insurance costs with and without policy discounts. The rates are based on a male driver, three speeding tickets and one accident, Kentucky state minimum liability limits, full physical damage coverage, and $100 deductibles. The first bar for each age group shows the average rate with no discounts. The second bar shows the rates with vehicle safety, marriage, multiple vehicle, passive restraint, paperless filing, and homeowner discounts applied. When these discounts are applied to the policy premium, theamount saved on car insurance for drivers with a bad driving record is 28% or $1,280.
How to find budget-friendly insurance for drivers with a bad driving record
Lowering your rates is not difficult, and here are some thrifty suggestions that can help you locate cheap coverage.
- Do not get tickets or violations
- Pay lower rates with good credit
- Buy your auto and home insurance from the same company and save
- Raise comprehensive and collision coverage deductibles
- Having too many claims will increase rates substantially
- Avoid accidents and claims
- Compare rates and switch if you can find a better deal
That final tip is especially valuable, as was emphasized in the prior article. Rates can be adjusted at any time, so don’t be unwilling to switch carriers if a more affordable rate is found.
We understand brand loyalty, but it’s not a good idea if that dedication is costing money that could be spent on other things. In just a couple of minutes you could compare prices and find cheaper car insurance for drivers with a bad driving record in Louisville.