Best cheap car insurance in Somerset

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Since 2001, Somerset has been famous for the Somernites Cruise, a classic car show that has earned the city the reputation of being the Car Cruise Capital of Kentucky. Car insurance prices in the city have always been on the higher side, with minimum coverage an average of $680 and full coverage $2,017 a year. Although Somerset has been recently named Kentucky’s safest city to live in, dense traffic and a high rate of road accidents make insurance providers wary of the possible risks, leading to a steeper premium. Not only is insurance mandatory in Kentucky but since it’s a no-fault state, the requirements are also stricter. Most major insurance providers offer minimum and full coverages in Somerset, but we have narrowed down the options based on features, discounts, third-party scores and rates to make the choice easier.

Best car insurance companies in Somerset

What makes some insurance companies stand out from the others is overall customer satisfaction regarding pricing, coverage options and support. According to J.D. Power scores, the following insurers provide the best service in Somerset while still being budget-friendly.

Insurance company J.D. Power score Average annual premium for minimum coverage Average annual premium for full coverage
Westfield 836 / 1000 $346 $1,672
Kentucky Farm Bureau 820 / 1000 $382 $1,528
Geico 851 / 1000 $473 $1,621
Nationwide 828 / 1000 $662 $1,555
State Farm 829 / 1000 $495 $1,486

Westfield

Midwest-based insurance company Westfield operates in only 12 states but has some of the most reasonable prices in Somerset. Although it is a smaller insurer compared to major national providers, Westfield has a surprising number of coverage options, including liability medical payments, personal injury protection, gap insurance, trip coverage and replacement cost coverage.

Additional options include antique vehicle insurance, watercraft insurance and custom parts and equipment coverage. Westfield does not sell policies directly but has local agents to work with you personally, customizing your coverage within your budget, enlightening you about region-based discounts and quickly resolving queries and concerns. Westfield has a high customer satisfaction score in the northwestern region.

Kentucky Farm Bureau

When your driving history is not spotless, it becomes tough to get affordable car insurance. Farm Bureau not only offers competitive prices and overall customer satisfaction but the company is also lenient towards those with tickets and violations on their record. Regardless of the type of vehicle you own – a pickup, a sedan, a tractor or an SUV – Farm Bureau has a host of coverage options and discounts to keep you protected at a reasonable cost. Financially stable with a presence in 13 states, Farm Bureau has some of the cheapest premiums in Somerset.

Geico

Geico offers low rates, great customer service and good online tools. This tech-forward company offers all the tools required to purchase and manage policies without having to pick up the phone or talk to an agent. Since the coverage options are basic without any fancy add-ons, Geico is best suited to those who are simply looking for standard auto insurance within a strict budget.

Nationwide

For varied coverage options to meet current and future requirements, Nationwide is one of the best in the market. Aside from the basics, some of the additional features on offer are roadside assistance, vanishing deductible, accident forgiveness and a total loss deductible waiver. You can also work with an agent to customize your policy with the options you need to make sure you are not overpaying. Nationwide ranks well above the industry average for customer satisfaction

State Farm

Discounts are a great way to save on premiums, and not many companies offer the kind of discounts that State Farm does. There are 13 different discounts currently offered by the largest insurer in the country for everything from having a safe vehicle to a clean driving record to being accident-free for a number of years in a row. The telematics programs Drive Safe and Save and Steer Clear offer considerable opportunities for savings by measuring your driving habits. State Farm is also one of the few private insurers to offer rideshare insurance, while the mobile app and the vast number of local agents offer ease and convenience.

Cheapest car insurance in Somerset

Compared to the average annual premiums in Kentucky ($748 for minimum coverage and $2,128 for full coverage), Somerset is slightly higher. Coming in at an average of $680 per year for minimum coverage and an average of $2,017 per year for full coverage, Somerset also sees higher rates than the U.S. national average. This makes finding the best cheap car insurance in Somerset a worthwhile endeavor.

Insurance company Average annual premium for minimum coverage Average annual premium for full coverage
USAA $396 $1,572
Geico $473 $1,621
State Farm $495 $1,486
Nationwide $662 $1,555
Progressive $805 $1,854

Not only does USAA offer some of the cheapest car insurance rates in Somerset, it is also known for exceptional customer service. But only active or retired members of the armed forces and their families qualify for it, excluding the majority of the general public. Geico and State Farm both have competitive pricing, though State Farm’s options and discounts are slightly greater than Geico’s. On the other hand, Geico is the only other insurance provider aside from USAA to offer a discount to federal employees.

For customized coverage options tailored to your specific requirements, Nationwide and Progressive are on a par while still being easy on the wallet. Most of these companies have app-based safe driver reward programs that might help you save money and improve your driving habits at the same time. Do bear in mind that every individual pays a different premium based on demographics and a host of other factors. Therefore, the cheapest options may not be the same for everyone.

Somerset insurance requirements

Kentucky is a no-fault state, which drives up the cost of insurance. In Somerset the minimum insurance requirements are 25/50/10, indicating that every driver must have at least:

  • $25,000 bodily injury liability per person
  • $50,000 bodily injury liability per accident
  • $10,000 property damage liability per accident

In addition, every driver is required to have at least $10,000 in personal injury protection, since auto insurance companies have to pay an accident claim regardless of who was at fault. Having the mandatory minimum coverage is enough if you are not trying to protect your vehicle. But if your car is new and expensive or has been financed, or if your city has a high traffic mortality rate, buying additional coverage might be wise.

Car insurance discounts in Somerset

Insuring a vehicle can set you back by a few thousand dollars a year, but most insurance providers offer a number of discounts to lessen the cost. The most common discounts are:

  • Safe driver: Most major insurance companies offer safe driver discounts, using telematics devices to monitor driving behaviors and potentially rewarding you with discounts based on your driving habits.
  • Multi policy: Purchasing multiple policies from the same insurer and bundling them into a single annual premium can earn a discount.
  • Multi-vehicle: If you insure more than one vehicle with the same company, you might earn a slight discount on your annual premium.
  • Safe vehicle: When your car is equipped with advanced safety and anti-theft features, you may be given a discount for being low risk.
  • Claims free: When you have not filed a claim for a few years in a row, some insurers may offer you a discount.

Other discounts are sometimes offered for having low annual mileage, buying a brand new car, being a homeowner, a smart student or a young driver under 25 with a completed safe driving course.

Frequently asked questions

What is the best car insurance company?

There is no one best car insurance company for any one person. The best insurance company for you depends on a variety of factors. But the best insurance companies are the ones that come out on top for their rates, coverage options, discounts and overall customer service. When choosing insurance, it is always good to shop around before making a purchase.

How can I save on car insurance?

Comparing quotes and options from multiple insurers is one of the wisest ways to save money. Shopping for better deals every six months, keeping a clean driving record and taking advantage of discounts are some of the other ways to lower your insurance costs.

Methodology

Bankrate utilizes Quadrant Information Services to analyze rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Quoted rates are based on a 40-year-old male and female driver with a clean driving record, good credit and the following full coverage limits:

  • $100,000 bodily injury liability per person
  • $300,000 bodily injury liability per accident
  • $50,000 property damage liability per accident
  • $100,000 uninsured motorist bodily injury per person
  • $300,000 uninsured motorist bodily injury per accident
  • $500 collision deductible
  • $500 comprehensive deductible

To determine minimum coverage limits, Bankrate used minimum coverages that meet each state’s requirements. Our sample drivers own a 2019 Toyota Camry, commute five days a week and drive 12,000 miles annually.

These are sample rates and should be used for comparative purposes only. Your quotes may be different.