Updated: November 21, 2024
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Car insurance companies review your driving record and base their rates on how risky they feel you’d be to ensure. It's always wise to shop around and compare quotes from different providers. In Kentucky, State Farm offers high-risk drivers the best combination of low cost and quality service. It’s also the most affordable option in the state at around $961 per year.
Best & CheapestAuto InsuranceHigh-RiskBest Companies for High-Risk Drivers in 2023
Insurance companies often classify drivers with a history of at-fault accidents, violations or DUI convictions as high-risk drivers. Teen drivers also often qualify as high-risk because their inexperience makes them more likely to have an accident and file a claim.
Car insurance companies charge you more if you have a bad driving record. For example, in Kentucky, your premiums will be 28% higher if you are considered a high-risk driver than if you have a clean driving record.
A high-risk driver is someone who has multiple violations on their driving record. These include DUI, suspended or revoked license and reckless driving. Moreover, a clean driving record might not guarantee that an insurance provider will consider you a low-risk customer. Some examples of high-risk drivers include:
State Farm is a major car insurance provider in Kentucky that insures drivers with high-risk profiles. Its average premium starts at only $961 annually.
This provider also has an excellent track record when it comes to complaints and financial stability. In addition, it offers discounts to students.
| State Farm | $961 |
| Allstate | $1,599 |
| GEICO | $1,642 |
| Travelers | $1,770 |
| Progressive | $2,294 |
| Nationwide | $3,245 |
Drivers convicted of a serious traffic violation who fail to show proof of insurance or who have their license revoked must often carry an SR-22 form. An SR-22 is a certificate of insurance filed with state or local authorities by your insurer, proving you have the required liability coverage.
Kentucky does not require SR-22 insurance, but if you move to the state while an SR-22 requirement is in place elsewhere, you must maintain your SR-22 insurance. All drivers in Kentucky are required to have liability car insurance.
With a MoneyGeek score of 93 out of 100, State Farm holds the top spot in our best car insurance companies list, with high marks for stability, satisfaction and claims handling. It offers rates at about $961 for high-risk drivers in Kentucky. State Farm agents also help customers find available discounts and insurance adjustments. Our runner-up for the best insurance provider is GEICO.
If you’re a high-risk driver, you’ll likely pay more for auto insurance than the average driver. We found that State Farm has the cheapest premium for high-risk drivers, at around $961. But this number is still 9% more than the annual premium for those with clean records.
State Farm offers low-income and multiple policy discounts. The company pays for car rental expenses up to your chosen limits and repays $500 of your deductible if you’re responsible for an accident in your rental car. It provides ample protection from extra expenses during auto emergencies.
Ranked the second-best car insurance company in Kentucky, GEICO’s annual premium for high-risk drivers is around $1,642, 47% more than it charges clean-record drivers. However, the company’s track record might be worth the extra cost.
GEICO offers affordable auto insurance for all types of drivers. It’s known for its above-average discounts, such as accident forgiveness, its stability and excellent service. Its scores for policy terms, customer service and claim handling are average. The company does not offer new car or better car replacement coverage.
Keep in mind that quality often comes with a high price tag. However, some low-income car insurance policies in Kentucky are designed to let you drive without breaking the bank. Those who don’t drive much can also save money by purchasing minimum coverage or pay-per-mile insurance.
State Farm offers the cheapest car insurance in Kentucky for those with a DUI at an average annual premium of $939 per year. In addition to standard coverage such as liability insurance, comprehensive insurance and collision insurance, it offers rideshare insurance.
USAA also offers affordable car insurance for high-risk drivers, but it is only available to military members and their families.
| State Farm | $939 |
| Allstate | $1,620 |
| Progressive | $1,839 |
| GEICO | $2,261 |
| Travelers | $2,277 |
| Nationwide | $4,171 |
A look-back period is the time a driving offense stays on your record. The length of the look-back period varies by state, but it is typically long enough to accommodate criminal sentencing for repeat offenders. Kentucky has a 10-year look-back period, meaning the courts count all prior driving offenses within a decade when determining a penalty for a repeat offender.
If you are a younger driver in Kentucky, State Farm auto insurance is the cheapest choice. Even so, rates for teens average $3,350 per year, so be sure to explore any discounts offered, such as good student and driver’s education.
| State Farm | $3,350 |
| Allstate | $5,281 |
| GEICO | $5,453 |
| Nationwide | $7,389 |
| Progressive | $15,461 |
Auto insurance for young drivers can be costly. Nevertheless, MoneyGeek advises getting full coverage auto insurance, a wiser choice than state-required minimum coverage that will give you peace of mind in case of an accident. Doing your research can help you find the best full coverage car insurance for student drivers at a reasonable rate.
State Farm offers high-risk individuals with poor credit car insurance for an average of $1,811. This cost is 52% more than the average annual premium of $865 for drivers with good credit. Take note that credit score matters even in insurance. Customers with excellent scores pay lower premiums than those with bad scores. However, having car insurance while you improve your credit score is an important way to protect your finances in case of an accident.
| State Farm | 1,812 | 52% |
Drivers with lower credit scores can expect to pay more for car insurance than drivers with higher credit scores. However, you can still get approved and lower your premiums by taking advantage of auto insurance discounts. In addition, MoneyGeek discovered that switching insurance companies can save drivers with bad credit thousands of dollars per year.
Drivers with a poor driving history or high-risk behavior tend to pay more for auto insurance. In Kentucky, drivers with a poor record pay an average of $1,918 in premiums. Meanwhile, low-risk drivers pay only about $1,338 — a difference of $580.
Low-Risk Driver
$1,338High-Risk Driver
$1,918This is 43% more expensive.
With MoneyGeek's Kentucky car insurance calculator, you can get an idea of how much you'll pay for a policy by entering personal details, such as your age, driving record, vehicle type and coverage level. Our tool can also help you identify where you can save more.
MoneyGeek's car insurance calculator will give you a customized estimate of your auto insurance cost. It's free to use, requires no personal information and we won't send you any spam.
Rates updated:
Nov 21, 2024
Although MoneyGeek partners with some of the companies we recommend, our content is written and reviewed by an independent team of writers, editors and licensed agents. Learn more about our editorial policies and expert editorial team.
If you have a poor driving record, car insurance companies can refuse to cover you. However, the Automobile Insurance Plan Service Office (AIPSO) is a national not-for-profit organization that provides a residual market plan to high-risk drivers. For 48 years, this corporation has been helping clients find affordable coverage, even if they have a less-than-ideal record.
You can find a residual market plan based on where you live on AIPSO's website. Kentucky’s residual plan is called the Kentucky Automobile Insurance Plan. It was created to provide car insurance to individuals unable to purchase coverage through the voluntary market.
Office Hours
Monday–Thursday, 8:30 a.m.–4:30 p.m. ET
Friday, 8 a.m.–3:15 p.m. ET
kyaip@aipso.com
Phone
(800) 555-0513
(502) 327-8909
Fax
(502) 327-0851
Mailing Address
Kentucky Automobile Insurance Plan, PO Box 6530, Providence, RI 02940-6530
MoneyGeek addressed frequently asked questions to help high-risk drivers in Kentucky who are shopping for car insurance.
MoneyGeek ranks State Farm as the best car insurance company in Kentucky for high-risk drivers. The company is also the cheapest insurer in the state.
According to MoneyGeek’s research, insurance carriers in Kentucky charge the following rates for high-risk drivers:
High-risk drivers are usually those with multiple tickets and violations, a DUI conviction or who are inexperienced (typically high school and college students).
If you can't find an insurer in Kentucky to cover you, you may be eligible for the Kentucky Automobile Insurance Plan. To learn more and apply, call (800) 555-0513 or (502) 327-8909 or email kyaip@aipso.com.
MoneyGeek calculated average rates using full coverage car insurance policies with 100/300/100 liability insurance, comprehensive and collision coverage and a $1,000 deductible. We calculated minimum coverage car insurance costs based on each state’s minimum car insurance requirement.
To calculate rates for high-risk drivers, MoneyGeek averaged the premiums insurance companies charge for three of the most common driving violations: speeding, at-fault accident and DUI.
To determine the best car insurance company for high-risk drivers, MoneyGeek scored companies based on affordability, customer satisfaction and complaints — obtained from J.D. Power surveys and NAIC complaint scores — and financial strength ratings as calculated by AM Best. Affordability received the greatest weighting in our calculations.
About Mark Fitzpatrick
Mark Fitzpatrick is a Licensed Property and Casualty Insurance Producer and MoneyGeek's Head of Insurance. He has analyzed the insurance market for over five years, conducting original research and creating personalized content for every kind of buyer. He has been quoted in several insurance-related publications, including CNBC, NBC News and Mashable.
Fitzpatrick earned a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He is passionate about using his knowledge of economics and insurance to bring transparency around financial topics and help others feel confident in their money moves.
