It’s hard to avoid all the commercials from insurers like GEICO and Progressive that make claims of huge savings. So you just need to pick the one with the best commercial, right?
It’s not that simple, unfortunately, as there are a whole bunch of unknown factors like the area where you live, if you are a man or woman, and your financial stability, that all impact the cost of coverage. This article will detail these things and will give you a good start in finding the cheapest car insurance.
The car, truck, or SUV to be insured is one of the largest considerations in finding cheap auto insurance for teachers. Vehicles with limited speed and performance, advanced safety features, or a positive history of liability claims will cost quite a bit less to insure than high performance models. The information below shows coverage prices for a handful of the cheapest vehicles to buy insurance for.
| Make and Model | Estimated Cost for Full Coverage |
|---|---|
| Ford Escape Limited 2WD | $941 |
| Honda CR-V EX 4WD | $947 |
| Honda Accord EX-L 4-Dr Sedan | $998 |
| Dodge Grand Caravan SE | $1,035 |
| Ford F-150 STX Super Cab 4WD | $1,054 |
| Chevrolet Equinox LS AWD | $1,091 |
| Toyota Tacoma Double Cab TRD Sport Package 4WD | $1,111 |
| Chevrolet Malibu LT | $1,117 |
| Toyota Camry XLE | $1,148 |
| Toyota Prius | $1,165 |
| GMC Sierra 2500HD SLE Regular Cab 4WD | $1,168 |
| GMC Sierra 3500HD SLT Extended Cab 2WD | $1,189 |
| Ford Edge SEL AWD | $1,226 |
| Chevrolet Impala LS | $1,232 |
| Ford Explorer XLT AWD | $1,268 |
| Start Your Quote Go | |
Above prices assume single female driver age 50, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Kentucky minimum liability limits. Discounts applied include safe-driver, multi-vehicle, multi-policy, homeowner, and claim-free. Table data does not factor in specific Lexington, KY garaging location which can raise or lower rates significantly.
Based upon the table data, we can assume that cars like the Ford Escape, Honda CR-V, and Honda Accord are going to be some of the more affordable vehicles to insure for teachers and educators.
Comparing rates for cost effective car insurance is not the easiest thing to accomplish, and finding out which company quotes the cheapest car insurance rates for teachers will take even more shopping around. Each auto insurer has a proprietary formula to determine rates, so let’s begin by examining the lowest cost car insurance companies in Kentucky.
Find Cheaper Car Insurance for Educators
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | Cincinnati Insurance | $1,126 |
| 2 | Kentucky Farm Bureau | $1,163 |
| 3 | USAA | $1,187 |
| 4 | Auto-Owners | $1,357 |
| 5 | Motorists Mutual | $1,569 |
| 6 | Grange Mutual | $1,609 |
| 7 | Travelers | $1,631 |
| 8 | Westfield | $1,832 |
| 9 | State Farm | $1,867 |
| 10 | Safe Auto | $1,972 |
| 11 | Nationwide | $2,024 |
| 12 | Electric | $2,076 |
| 13 | Progressive | $2,140 |
| 14 | State Auto | $2,254 |
| 15 | Encompass | $2,288 |
| 16 | GEICO | $2,413 |
| 17 | Safeco | $2,681 |
| 18 | MetLife | $3,084 |
| 19 | Shelter | $3,263 |
| 20 | Liberty Mutual | $3,634 |
| Get a Custom Quote Go | ||
Cincinnati Insurance quotes some of the most affordable car insurance rates in Lexington at around $1,126 a year. This is $1,017 less than the average premium paid by Kentucky drivers of $2,143. Kentucky Farm Bureau, USAA, Auto-Owners, and Motorists Mutual would also make the list of some of the more affordable Lexington, KY car insurance companies.
As shown above, if you are insured with USAA and switched to Cincinnati Insurance, you could realize annual savings of about $61. Customers with Auto-Owners may save as much as $231 a year, and Motorists Mutual policyholders might realize rate reductions of up to $443 a year.
It’s important to note that these prices are averaged across all drivers and vehicles in Kentucky and do not factor in an exact zip code location for teachers. So the company that can offer you the best price may not even be in the list above. That helps illustrate why you need to compare as many prices as possible using your own driver data and vehicle information.
Selecting the highest-rated company can be a challenge considering how many companies there are in Kentucky. The company information listed below can help you decide which coverage providers you want to consider when comparing rate quotes.
These ratings include large, nationwide insurance companies, so companies that only write business in Kentucky or surrounding areas will not be included in these rankings. If you wish to compare rates from these companies and more, simply click here.
Top 10 Large Auto Insurance Companies in Lexington Ranked by Value
- Travelers
- American Family
- AAA Insurance
- Safeco Insurance
- Progressive
- The Hartford
- Erie Insurance
- The General
- Esurance
- 21st Century
Top 10 Large Auto Insurance Companies in Lexington Ranked by A.M. Best Rating
- Travelers – A++
- USAA – A++
- GEICO – A++
- State Farm – A++
- Erie Insurance – A+
- Esurance – A+
- Progressive – A+
- Nationwide – A+
- The Hartford – A+
- Allstate – A+
The example below demonstrates how deductibles can change insurance prices when searching for cheap insurance for teachers. The prices are based on a single female driver, full physical damage coverage, and no discounts are applied.
In the chart above, a 30-year-old driver could cut expenses by $400 a year by switching the physical damage coverage from a $100 deductible to a $500 deductible, or save $602 by choosing a $1,000 deductible. Even younger drivers, such as the 20-year-old example, could shave as much as $898 or more just by using higher deductibles. When using a larger deductible, it is a good idea to have spare funds to offset the extra out-of-pocket expense, which deters some drivers from choosing higher deductibles.
The agencies below can answer your questions and help you decide which policy is best, as some drivers have questions and prefer to get help from a professional when shopping for cheaper insurance for teachers and educators. It can be time-consuming to find the cheapest auto insurance company, and professional agents can provide you comfort knowing your policy gives you adequate coverage if you have an accident or claim.
To locate a Lexington auto insurance agent close to you, click the button link following the list.
- Blue Grass Insurance
2560 Richmond Rd # 200 – Lexington, KY 40509 – (859) 543-0050 - Dwight McCarty – State Farm Insurance Agent
3620 Walden Dr #211 – Lexington, KY 40517 – (859) 971-0266 - Elite Insurance
2408 Sir Barton Way # 375 – Lexington, KY 40509 – (859) 264-9400 - State Farm: Bethany Hicks
1050 Chinoe Rd #100 – Lexington, KY 40502 – (859) 264-0246
Find a Lexington, KY insurance agent near you
How to find budget-friendly auto insurance for teachers
It’s not impossible to find cheaper rates, and here are some of the better penny-pinching ideas that can help drivers get low-cost coverage.
- Increase the comprehensive and collision deductibles on your policy
- Ensure your driving record is clean
- Buy vehicles with good safety ratings
- Avoid preventable accidents
- Improve your credit
- Full coverage may not be needed on older vehicles
- Shop around for cheaper prices
That last idea is extraordinarily necessary, as was noted in this piece. Rates can be modified anytime, so don’t be hesitant to switch companies if a lower price can be found. Loyalty to a specific company is fine, but it isn’t a good idea if that inflexibility results in costing you a lot of money. In less than five minutes you could compare prices and find cheaper car insurance for teachers in Lexington.