Car Insurance with Bad Credit in Kentucky

The Zebra
March 12, 2019

It can be tough to find cheap auto insurance with a poor credit rating. Car insurance companies use credit tier as a major rating factor, setting policy prices based in part on clients' credit histories. Because car insurers rely on data showing drivers with bad credit are more apt to file car insurance claims, they account for for the extra risk by charging more expensive rates.

Your car insurance costs with bad credit depends on where you live, which insurance company you use, and a variety of other factors. See below average car insurance rates for drivers with bad credit in primary Kentucky cities, alongside rates from large car insurance companies, plus tips on how to save on car insurance if you have bad credit in Kentucky.


Car insurance with poor credit in Kentucky:

  1. Average premiums
  2. Prices by city
  3. Costs by carrier

Car insurance rates with bad credit in Kentucky

Drivers in Kentucky pay an average penalty of $2,647 annually for having a credit score at the low end of the scale. A driver in the "poor" or "below fair to poor" credit tiers will also face more costly-than-average auto insurance rates.


KENTUCKY CAR INSURANCE RATES WITH BAD CREDIT

Credit TierAverage Annual Rate in Kentucky
Worst$4,697
Poor$4,205
Below Fair to Poor$3,802
Average — All Credit Tiers$2,050

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Car insurance rates with bad credit in Kentucky cities

Your auto insurance rates will also depend on the specific area in which you drive. Insurers use your ZIP code to better understand how likely you are to file a claim: the denser and claim-prone your immediate area is, the more you'll pay.

Listed below are major Kentucky cities and their mean car insurance costs for those with bad credit.


BAD CREDIT CAR INSURANCE RATES IN KENTUCKY CITIES

CityAverage Annual Rate — Worst CreditAverage Annual Rate — Poor CreditAverage Annual Rate — Below Fair to Poor Credit
Bowling Green$3,515$3,149$2,841
Owensboro$3,456$3,097$2,791
Covington$3,655$3,273$2,962
Hopkinsville$3,589$3,211$2,902
Richmond$3,609$3,236$2,926

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Best auto insurance companies for bad credit in Kentucky

Another factor that contributes to your car insurance rate is the auto insurance company you choose. Every auto insurance company rates its policies in a different manner, giving rating factors varying weights in their pricing calculations. Credit history is often a primary price differentiator between otherwise-similar insurance companies. In Kentucky, the cheapest insurance company for a driver with bad credit is Safe Auto, which offers savings of $35 per year over the second-cheapest company, GEICO.

See below prices from major auto insurance companies in Kentucky for drivers with bad credit.


KENTUCKY CAR INSURANCE RATES WITH BAD CREDIT — TOP CARRIERS

CompanyAverage Annual Rate — Worst Credit Tier
Safe Auto$3,799
GEICO$3,834
State Farm$4,378
Kentucky Farm Bureau$4,625
Shelter$4,758

If you're finding car insurance with a low credit score, consider these tips:

  1. View auto insurance quotes
  2. Know when to file a claim
  3. Know what determines auto insurance rates