For drivers, car insurance rates start to increase around age 65, according to 2022 CarInsurance.com data. That’s not surprising. Older drivers have higher crash deaths than drivers between the ages of 35 and 54, according to the Centers for Disease Control and Prevention. CDC data also shows that 20 older adults are killed every day in car crashes.
But that doesn’t mean seniors can’t find good deals on car insurance. Our guide will help you find the cheapest rates for seniors in Kentucky and learn other ways to save on auto insurance premiums.
- The average car insurance cost for a 60-year-old driver in Kentucky is $1,706 per year for a full coverage policy.
- A 70-year-old driver in Kentucky pays 9% more than a 60-year-old driver, based on CarInsurance.com research.
- In Kentucky, a 75-year-old driver pays for a full coverage policy 24% more than a 60-year-old driver.
- Shopping around for car insurance in Kentucky – every six months or annually around renewal time can help you get the best rate.
Cheapest car insurance companies for seniors in Kentucky
Below are the cheapest, full-coverage car insurance rates in Kentucky for drivers at various ages:
- Cheapest for seniors, overall: State Farm, $127 per month.
- Cheapest for seniors at age 60: USAA, $117 per month.
- Cheapest for seniors at age 65: USAA, $120 per month.
- Cheapest for seniors at age 70: State Farm, $127 per month.
- Cheapest for seniors at age 75: State Farm, $136 per month.
Compare cheap car insurance quotes for senior drivers in Kentucky
Below are the cheapest Kentucky rates being offered by the major car insurance companies for three different coverage levels: The state minimum, liability-only coverage with limits of 50/100/50 and full coverage car insurance with liability limits of 100/300/100.
Select your age and type of coverage below to see the average annual and monthly rates.
| Company Name | Avg. Annual Premium | Avg. Monthly Premium |
|---|---|---|
- Full coverage: 100/300/100 liability with $500 comprehensive/collision deductible
- Liability only: 50/100/50 liability only
- State minimum: State minimum coverage
Why do car insurance rates increase for senior drivers in Kentucky?
Car insurance tends to become more expensive for older drivers due to several factors. Statistics show that seniors, on average, tend to be involved in more accidents than younger drivers (excluding teens).
While older drivers usually have decades of experience under their belt, they often suffer from age-related hearing or vision loss, slower reflexes, side effects from medicines and other health issues that can make driving more difficult.
The CDC found that drivers older than 70 have higher crash death rates per 1,000 crashes than drivers aged 35-54 and NHTSA statistics show that senior drivers 65 and older were involved in 13% of fatal accidents in 2020, which is up 26% from 2011.
In addition, seniors are more likely to require medical care, even after a less severe accident, and expensive hospital bills will push up the cost of insurance.
“Unfortunately, as we move past middle age, the odds of being more severely injured or dying in a car crash increase significantly,” says Carole Walker, executive director at Rocky Mountain Insurance Association.
“Statistically, older drivers have a higher risk of causing a crash, but an even bigger factor adding to higher car insurance bills are common health problems that make them more prone to being hurt and incurring medical bills—even in low-speed or less serious crashes,” she says.
All of this leads to higher car insurance rates. Car insurance premiums go up for most senior drivers in their mid-60s, according to 2022 CarInsurance.com data analysis, and then continue to climb. The average car insurance cost for a 60-year-old driver in Kentucky is $1,706 for a full coverage policy. Drivers age 70 pay $1,868 for the same coverage.
CarInsurance.com found that 70-year-old drivers pay 9% more than 60-year-old drivers in Kentucky, and 75-year-old drivers pay 24% more for a full coverage policy.
The table below shows the annual average rate increase for senior drivers by age in Kentucky for different coverage levels:
| Age | State Minimum | Liability Only | Full Coverage |
|---|---|---|---|
| 60 | $552 | $741 | $1,706 |
| 65 | $580 | $773 | $1,764 |
| 70 | $630 | $829 | $1,868 |
| 75 | $724 | $935 | $2,116 |
Coverage Types:
- Full Coverage: 100/300/100 Liability with $500 Comp/Coll Deductible
- Liability Only: 50/100/50 Liability Only
- State Minimum: State minimum coverage only
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Cheapest car insurance for seniors with tickets in Kentucky
A speeding ticket or other moving violation will raise your insurance rates regardless of your age. Insurers love statistics, and data show that a driver with a ticket on their record is more likely to get in an accident that may result in a claim.
While the increase will vary by the insurance company, according to CarInsurance.com, Kentucky, drivers can expect their rates to go up 28% after a speeding ticket that is 1-29 mph over the limit.
If you are a senior with a speeding ticket or other minor moving violation on your record, expect to pay more for coverage. When we ran the numbers, these were the best insurance companies for seniors with tickets on their records.
| Company Name | Annual Rates with One Speeding Ticket | Monthly Rates with One Speeding Ticket |
|---|---|---|
| Kentucky Farm Bureau | $2,176 | $181 |
| Auto-Owners | $2,119 | $177 |
| Nationwide | $2,242 | $187 |
| USAA | $2,186 | $182 |
| Travelers | $2,798 | $233 |
| State Farm | $1,479 | $123 |
| Geico | $2,465 | $205 |
| Progressive | $3,362 | $280 |
| Allstate | $2,920 | $243 |
Cheapest car insurance for seniors with DUIs in Kentucky
A DUI is a serious driving violation, and your insurance rates will soar once it hits your driving record. In most cases, your insurance premium will double if you have a DUI. According to CarInsurance.com in some states, the increase can be as much as 77% after your first DUI. If you manage to rack up a second DUI, the increase could be as much as 189%.
Finding affordable coverage (or any coverage at all) will become more difficult after a DUI, but according to our data, these are the best insurers for seniors with a DUI in Kentucky:
| Company Name | Annual Rates with DUI First Offense | Monthly Rates with DUI First Offense |
|---|---|---|
| Kentucky Farm Bureau | $5,106 | $425 |
| Travelers | $3,017 | $251 |
| Auto-Owners | $4,131 | $344 |
| State Farm | $1,479 | $123 |
| USAA | $2,857 | $238 |
| Nationwide | $3,418 | $285 |
| Progressive | $3,252 | $271 |
| Geico | $4,060 | $338 |
| Allstate | $3,291 | $274 |
Cheapest car insurance rates by state for senior drivers
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Our apologies, we cannot display the data due to availability or spelling errors. Please check the spelling and try again. For assistance, reach out us via Cheapest car insurance for seniors after an accident in Kentucky
Just like a ticket or DUI, having an accident on your driving record will push up your insurance rates. The increase will vary by insurance company but according to our data, drivers should expect their premium to jump 56% with one at-fault accident with property damage over $2,000.
The increase will typically stay in place for three to five years, so it’s important to find the most affordable insurance company. Our data shows that the following insurers offer the cheapest car insurance for seniors after an accident in Kentucky.
| Company Name | Annual Rates with One At-fault Accident | Monthly Rates with One At-fault Accident |
|---|---|---|
| Kentucky Farm Bureau | $2,917 | $243 |
| Auto-Owners | $2,347 | $196 |
| Travelers | $2,772 | $231 |
| Nationwide | $2,727 | $227 |
| State Farm | $1,587 | $132 |
| USAA | $3,074 | $256 |
| Geico | $2,894 | $241 |
| Progressive | $4,247 | $354 |
| Allstate | $4,078 | $340 |
How can seniors save on car insurance in Kentucky?
Auto insurance for seniors can be expensive, but there are ways to save. The following are easy ways to reduce your premiums:
- Shop around: Shopping regularly for car insurance – every six months or yearly around renewal time – can ensure you have the best price.
- Raise your deductible: Increasing your deductible from $500 to $1,000 can save you a bit of money every month – but make sure you have the necessary funds to cover the higher deductible.
- Ask about discounts: Discounts – bundling with homeowners insurance, loyalty discounts and discounts for years of being licensed — are a great way to save on your car insurance. More on discounts below.
Editor’s Tip:Take a senior driving course: With an approved defensive driving course, senior drivers can save up to 5% on their car insurance in Kentucky. The American Automobile Association(AAA) and AARP offer defensive driving courses for senior drivers in Kentucky.
Car insurance discounts for senior drivers in Kentucky
Here are some car insurance discounts to help seniors lower their insurance costs.
| Discount Type | Potential Annual Savings |
|---|---|
| Air Bags | 3% |
| Anti-Theft Device | 3% |
| Daily Commute | 5% |
| Days Advanced Purchase | 7% |
| Days Per Week Driven | 4% |
| Defensive Driver | 5% |
| Education | 7% |
| Electronic Funds Transfer | 6% |
| Homeowner | 7% |
| Lower Annual Mileage | 4% |
| Loyalty – Years Renewal With Company | 7% |
| Marital Status | 4% |
| Multi Policy | 9% |
| Paperless/Electornic Documents | 3% |
| Payment Type | 9% |
| Primary Use | 10% |
| Profession | 12% |
| Safety Devices | 3% |
| Telematics | 10% |
Choosing the cheapest and best car insurance for seniors in Kentucky
Senior drivers shell out higher premiums than younger adult drivers, with the exception of teen drivers. If you are looking for an affordable policy, carefully evaluate your needs and decide the amount of coverage to purchase. While shopping for insurance, consider the price, customer service and the discounts they offer.
Find the best auto insurance companies online to see which carrier provides affordable rates and easy-to-use websites or apps.
FAQ: Cheap car insurance for seniors in Kentucky
Who has the cheapest state minimum auto insurance for seniors in Kentucky?
According to our data, USAA offers the cheapest state minimum auto insurance for seniors in Kentucky at about $399 a year, on average. State Farm and Geico also scored high when it comes to cheap state minimum insurance coverage for seniors in Kentucky.
Which companies offer the cheapest liability car insurance for seniors in Kentucky?
USAA has the cheapest liability car insurance coverage for senior drivers in Kentucky at an average annual premium of $521. State Farm and Kentucky Farm Bureau also offer cheap liability insurance rates to seniors in Kentucky, based on CarInsurance.com data analysis.
Does State Farm offer a senior discount in Kentucky?
State Farm does not currently offer a senior discount in Kentucky, but it does offer quite a few discounts that seniors can use to lower their premiums. This includes discounts for taking a defensive driving course, a safe driving discount, long-term customer, bundling and discounts for advanced safety features on your vehicle.
Bottom line
State Farm offers the cheapest car insurance quotes for senior drivers in Kentucky for a full coverage policy, based on a 2022 CarInsurance.com analysis.
By shopping around and comparing rates online from different insurers, seniors can find the best deal on their car insurance. Additionally, senior drivers could qualify for discounts by taking defensive driving courses or bundling their car insurance with other types of insurance.
Resources & Methodology
Additional Resources
There are several resources available for older drivers who want to stay safe behind the wheel and save on their insurance premiums:
- American Automobile Association: AAA helps senior drivers to continue driving for as long and safely as possible.
- AARP (American Association of Retired Persons): AARP’s smart driver program helps senior drivers to learn proven driving techniques and save money on car insurance.
- National Institute on Aging: The NIA provides tips to senior drivers related to health and driving and offers free publications to aging seniors answering health-related queries.
- Fitness-to-Drive Screening Measure Online: This web-based tool helps family members identify at-risk drivers.
- Eldercare Locator: Helps senior drivers maintain their independence, and provides information about highway safety for aging drivers and services.
Sources:
- Centers for Disease Control & Prevention. “Older Adult Drivers.” Accessed October 2023.
- Insurance Institute for Highway Safety. “Fatality Facts 2021 Older People.” Accessed October 2023.
- National Safety Council. “Motor Vehicle: Age Group Comparisons.” Accessed October 2023.
- National Highway Traffic Safety Administration “U.S. Department of Transportation’s Fatality Analysis Reporting System (FARS).” Accessed October 2023.
Methodology:
CarInsurance.com gathered car insurance rates for senior drivers from Quadrant Information Services. The rates are for a full coverage policy with limits 100/300/100 and a $500 comprehensive and collision deductible based on sample profiles of 60, 65, 70 and 75-year-olds with clean driving records. We have compared 50,00,736 car insurance quotes across 1,467 ZIP codes from 27 company groups nationwide.
To determine car insurance rates for senior drivers with a history of traffic violations, CarInsurance.com used a sample profile of a 70-year-old driver who owns a Honda Accord LX.
Car insurance rates are calculated by evaluating the sample profile of a 70-year-old male driver with the following incidents applied
- One at-fault property damage accident over $2K
- One at-fault property damage accident under $2K
- At-fault bodily injury accidents
- DUI/DWI first offense.
- Speeding ticket (1-10 MPH over the limit and 11-29 MPH over the limit)
These are sample rates and should only be used for comparison purposes.
Ask the Insurance Expert
Laura Longero
Executive Editor
Laura Longero is an insurance expert and Executive Editor at CarInsurance.com, where she specializes in helping consumers navigate the complexities of the financial and insurance industries. She has 15 years of experience educating people about finance and car insurance. Prior to joining CarInsurance.com, she worked as a reporter and editor at the USA Today Network. Her expertise provides readers with practical guidance, helping them make informed choices about their financial and insurance needs.
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John McCormick
Editorial Director
John is the editorial director for CarInsurance.com, Insurance.com and Insure.com. Before joining QuinStreet, John was a deputy editor at The Wall Street Journal and had been an editor and reporter at a number of other media outlets where he covered insurance, personal finance, and technology.
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Leslie Kasperowicz
Executive Editor
Leslie Kasperowicz is an insurance educator and content creation professional with nearly two decades of experience first directly in the insurance industry at Farmers Insurance and then as a writer, researcher, and educator for insurance shoppers writing for sites like ExpertInsuranceReviews.com and InsuranceHotline.com and managing content, now at CarInsurance.com.
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Nupur Gambhir
Managing Editor
Nupur Gambhir is a content editor and licensed life, health, and disability insurance expert. She has extensive experience bringing brands to life and has built award-nominated campaigns for travel and tech. Her insurance expertise has been featured in Bloomberg News, Forbes Advisor, CNET, Fortune, Slate, Real Simple, Lifehacker, The Financial Gym, and the end-of-life planning service.
Guide to car insurance (with rates) in cities of Kentucky