Cincinnati offers the cheapest minimum coverage for most low-income drivers with clean records and good credit in Kentucky. Travelers and State Farm are often more affordable for those with an accident or DUI.
Cheapest Low-Income Car Insurance in Kentucky
Updated: February 4, 2025
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Key Takeaways
While Kentucky doesn't have a low-income car insurance program, affordable plans are available to meet state minimum coverage requirements.
The cheapest options for most low-income drivers include Cincinnati, Travelers, State Farm and GEICO.
Drivers with tight budgets can save by comparing providers and checking out discounts.
Cheapest Car Insurance Companies for Low-Income Drivers in Kentucky
| Cincinnati | Young Drivers | $32 |
| Cincinnati | Adults | $25 |
| Cincinnati | Seniors | $22 |
| Cincinnati | Drivers With a Speeding Ticket | $30 |
| State Farm | Drivers With a DUI | $53 |
| Travelers | Drivers With an Accident | $49 |
| Cincinnati | Bad Credit | $43 |
*All rates in this table, except for adults, are based on a modified profile of a 40-year-old driver with good credit and a clean record insuring a 2012 Toyota Camry. The age ranges are 22 to 29 for young drivers, 30 to 59 for adults and 60+ for seniors.
Compare Cheap Low-Income Car Insurance Providers
Use the table below to find the most affordable provider for your driver profile.
Data filtered by:Results filtered by:
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Age Range:30-59
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Driving Record:Clean
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Credit Score:Good
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Coverage Level:State Minimum Liability Only
| Cincinnati | $25 | $296 |
| Travelers | $35 | $423 |
| Auto-Owners | $36 | $427 |
| Kentucky Farm Bureau | $36 | $428 |
| Progressive | $43 | $516 |
Cheapest Car Insurance for Families With Low Income in Kentucky
In Kentucky, Travelers offers the most affordable minimum coverage for married couples with a teen at $72 monthly. State Farm has the lowest rate for single parents with a teen at $114. For low-income drivers adding a spouse without a teen, GEICO is the best choice at $27.
Data filtered by:Results filtered by:
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Family Type:Married Couple with Teen
| Travelers | $866 | $72 |
| Allstate | $873 | $73 |
| Nationwide | $919 | $77 |
| State Farm | $1,007 | $84 |
| Auto-Owners | $1,048 | $87 |
| Progressive | $1,254 | $104 |
| GEICO | $1,651 | $138 |
*Rates for couples and single parents with teens apply to a 16-year-old driver. Those for a married couple without children are based on a 40-year-old male with good credit and a clean driving record.
Tips to Save On Car Insurance for Low-Income Drivers
Here are some ways to save on auto insurance premiums in Kentucky:
- 1
Choose minimum coverage
Selecting minimum coverage often helps meet legal requirements at the lowest cost. However, it offers just basic protection and may not cover all expenses if you're in an at-fault accident.
- 2
Compare quotes
Gather quotes from multiple providers to find the most affordable option. Use various sources, such as provider websites, independent brokers, agents and online tools for a thorough comparison.
- 3
Look for discounts
Insurance companies offer discounts for good students, safe driving records and military service. You can also reduce your premiums by taking advantage of local discounts, like defensive driving courses.
- 4
Increase your deductible
Choosing a higher deductible for collision or comprehensive coverage can lower your monthly premium. Just ensure you can afford it if you need to file a claim.
- 5
Consider pay-per-mile insurance
Pay-per-mile insurance is great for low-mileage drivers. It combines a low base rate with a per-mile charge, allowing savings by paying only for the miles you drive.
- 7
Get a cheaper car
Your vehicle's make and model greatly affect insurance rates. Choosing a cheaper car to insure, like an older, reliable model, can save you hundreds annually.
Minimum Car Insurance Requirements in Kentucky
Kentucky residents must meet these minimum car insurance requirements:
- $25,000 in bodily injury liability per person
- $50,000 in bodily injury liability per accident
- $25,000 in property damage liability per accident
If you're leasing or financing your vehicle, you must have a split of 100/300/100 liability coverage along with comprehensive and collision protection.
WHY MINIMUM COVERAGE MAY NOT BE RIGHT FOR YOU
Minimum car insurance covers the other driver's expenses if you're at fault but doesn't cover your car's damage or legal fees. If you drive often and can afford it, consider higher coverage.
Cheap Low-Income Car Insurance in Kentucky: Bottom Line
Cincinnati offers the most affordable car insurance for most low-income drivers in Kentucky. It’s a top choice for drivers with a speeding ticket, while State Farm provides competitive rates for drivers with a DUI. To get the best deal, compare providers using various methods.
Low-Income Auto Insurance in Kentucky: FAQ
Low-income drivers struggle with finding affordable car insurance. Here are answers to common questions on saving money.
What is the cheapest car insurance for low-income drivers in Kentucky?
Minimum coverage is usually the most affordable option for low-income drivers who own their vehicle outright. In Kentucky, Cincinnati offers the lowest minimum coverage rate at $25 monthly, and Auto-Owners provides the cheapest full coverage at $75.
Does Kentucky have a state-supported low-income car insurance program?
Kentucky has no state-supported low-income car insurance program.
Does your income affect the cost of car insurance in Kentucky?
While economic factors can influence your coverage choices, insurers base premiums on risk, not income. Factors like driving history and vehicle type matter more.
How We Chose the Cheapest Car Insurance for Low-Income Drivers
Study Overview
MoneyGeek examined car insurance rates in Kentucky using data from the state's Department of Insurance and Quadrant Information Services.
Data Acquisition, Depth and Analysis
MoneyGeek analyzed 328,384 quotes from 14 companies across 370 ZIP codes to determine the average cost of car insurance for drivers with low income in Kentucky.
Sample Driver Profile
We used a sample driver profile with the following attributes to determine average car insurance rates for low-income drivers in Kentucky:
- 40-year-old male
- 2012 Toyota Camry LE
- Clean driving record
- 12,000 miles driven annually
To determine rates for specific driver profiles, we adjusted factors such as age, family status, driving history and credit standing.
Our study defines seniors as 60 or older, young drivers as 22 to 29 and adults as 30 to 59. Married couples with a child include 40-year-old male and female drivers with a 16-year-old teen. Single parents with children are 40-year-old male or female drivers with a 16-year-old teen.
Coverage Levels and Deductibles
Our data shows rates for minimum coverage, which follows the requirements set by Kentucky law, and offers affordable options for low-income drivers.
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. With over five years of experience analyzing the insurance market, he conducts original research and creates tailored content for all types of buyers. His insights have been featured in publications like CNBC, NBC News and Mashable.
Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!
Passionate about economics and insurance, he aims to promote transparency in financial topics and empower others to make confident money decisions.