Trying to find cheap insurance is not the easiest thing to do, and finding out which insurers offer the cheapest auto insurance rates for 4×4 vehicles calls for additional perseverance. Each company has a unique formula for determining rates in each state, so first we will examine the most competitive auto insurance companies in Lexington, KY.
Best Car Insurance Prices for 4×4’s
|Rank||Company||Cost Per Year|
|2||Kentucky Farm Bureau||$1,174|
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Cincinnati Insurance may have some of the cheapest car insurance rates in Lexington at around $1,093 annually. This is $1,050 less than the average rate paid by Kentucky drivers of $2,143. Kentucky Farm Bureau, USAA, Auto-Owners, and Grange Mutual would also be considered some of the most economical Lexington, KY car insurance companies.
In the rate table above, if you currently have coverage with Kentucky Farm Bureau and switched to Cincinnati Insurance, you could realize savings of in the neighborhood of $81. Policyholders with USAA may save as much as $118 a year, and Auto-Owners policyholders might cut rates by $278 a year.
If you would like to find cheaper car insurance rates, click here to start a quote or click through to the companies below.
It’s important to note that these premium estimates are averaged for all insureds and vehicles and do not take into consideration a specific zip code for 4×4 vehicles. So the auto insurance company that is best suited for you may not even be in the top 21 companies in the list above. That emphasizes why you need to get auto insurance quotes using your own specific driver information and vehicle.
The vehicle model to be insured is a significant factor when comparing the lowest-priced auto insurance for 4×4 vehicles. Vehicles with economical engines, a great safety record, or a positive history of liability claims will cost substantially less to insure than fast, unsafe models. The table below showcases insurance costs for some of the most budget-friendly vehicles to buy coverage for.
|Make and Model||Estimated Cost for Full Coverage|
|Honda Accord LX 4-Dr Sedan||$933|
|Ford Escape XLT 4WD||$1,046|
|Ford F-150 XLT Super Cab 4WD||$1,068|
|Honda CR-V EX-L 4WD||$1,085|
|Honda Odyssey EX||$1,087|
|Ford Focus S 4-Dr Sedan||$1,097|
|Volkswagen Jetta S 4-Dr Sedan||$1,109|
|Chevrolet Impala LT||$1,115|
|Toyota RAV4 2WD||$1,109|
|Chevrolet Malibu LT||$1,129|
|Honda Civic LX-S 4-Dr Sedan||$1,146|
|Toyota Corolla XLE||$1,168|
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Cost estimates assume single male driver age 30, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Kentucky minimum liability limits. Discounts applied include homeowner, safe-driver, multi-policy, claim-free, and multi-vehicle. Rate information does not factor in garaging location in Lexington, KY which can influence insurance rates substantially.
Looking at the numbers, we can assume that makes and models like the Honda Accord, Ford Escape, and Ford F-150 are most likely going to be a few of the most affordable vehicles to insure for off-road vehicles.
The information below demonstrates how choosing different deductibles can affect premium costs when researching cheap insurance for 4×4 vehicles. The premiums assume a single female driver, full coverage, and no discounts are factored in.
The chart above illustrates that a 40-year-old driver could lower rates by $352 a year by switching the physical damage coverage from a $100 deductible up to a $500 deductible, or save $528 by switching to a $1,000 deductible. Even younger insureds, like the 20-year-old category, could drop their prices as much as $898 each year by selecting a higher deductible.
If you do make the decision to raise your deductibles, it will now be necessary to have additional funds squirreled away to offset the extra out-of-pocket expense. That is the one drawback of using higher deductibles.
Buying coverage from the best insurance provider can be difficult considering how many companies provide coverage in Kentucky. The rank data listed below may help you analyze which companies to look at purchasing coverage from.
These ratings include the largest auto insurers in America, so companies that focus mainly on Kentucky business will not be included in this list. To get rate quotes from these and other competitive companies, simply click here.
Top 10 Large Car Insurance Companies Overall in Lexington
- AAA Insurance
- State Farm
- The Hartford
- Safeco Insurance
- American Family
Here’s why you should shop around
Lexington, KY auto insurance rates are determined by lots of factors that may substantially change the price you have to pay for coverage. Simply having a birthday, buying a different home, or getting a DUI can trigger rate changes resulting in some rates now being cheaper in comparison to the competition.
Not only may your risk profile change, but insurers change prices every year in order to remain profitable. Heavy losses can cause rate hikes, while lower claims may cause lower-priced Lexington car insurance rates.
The data below shows the companies that have the cheapest car insurance in Lexington, KY for a 35-year-old male driver with no prior claims, no tickets, and good financial standing. When quoting prices based on his current rating profile, Cincinnati Insurance may have the best car insurance rates in Lexington at $1,179 each year. This is $964 less than the average policy premium paid by Kentucky drivers of $2,143. Kentucky Farm Bureau, USAA, Auto-Owners, and Motorists Mutual also make the list of the cheapest Lexington, KY auto insurance companies.
In this next rate comparison, we will give the driver from the above example a claim surcharge, less-than-perfect credit, and a traffic citation. Because each insurer has a proprietary formula to determining premium rates, analyzing rate quotes may now show a different list of companies as shown below.
Kentucky Farm Bureau now has the best price on car insurance in Lexington with Travelers, USAA, State Farm, and Westfield now rounding out the top five. This example shows why it is critical to perform an extensive rate comparison when trying to find the best auto insurance rates for 4×4 vehicles. Car insurance prices are calculated by many different factors and can increase or decrease at any time, so the cheapest option the last time you shopped around may now be an over-priced policy.
Tips for finding low-cost car insurance for 4×4 vehicles
The list below shows some money-saving solutions that can help drivers buy cheaper coverage.
- Avoid at-fault accidents and claims
- Good credit scores may make rates cheaper
- Drive vehicles with five-star safety ratings
- Increase your deductibles
- Serious violations like DUI or reckless driving can increase rates dramatically
- Compare rates often to find the best deal
The last item on the list is especially valuable, as we emphasized in this piece. Insurance rates can be modified anytime, so don’t hesitate to buy from a different company if a lower-cost policy is available.
Loyalty to a specific company is fine, but it’s not a good idea if that faithfulness ends up costing you big bucks every year. In just a few minutes you could shop around and find cheaper car insurance for 4×4 vehicles in Lexington.
If you aren’t sure which coverage to buy and prefer to have a consultation when trying to find the best insurance rates for 4×4 vehicles, the agencies below can probably answer your questions and help you decide which coverages you need. To find an agent in your neighborhood, click the button at the bottom or click here to compare rates now.
Heritage Insurance Agency
3306 Clays Mill Rd #106 – Lexington, KY 40503 – (859) 219-1122
State Farm – Bob Pitman
851 Corporate Dr Ste 200 – Lexington, KY 40503 – (859) 223-1191
John Parkhurst – State Farm Insurance
1795 Alysheba Way #2104 – Lexington, KY 40509 – (859) 264-4422