Why is car insurance so expensive in Kentucky?

I’m starting my Ph.D. in Kentucky this year. As I’ll be a T.A. and basically living in abject poverty, I’m hoping to keep my budget tight across the board. But I was reading that car insurance is super expensive in Kentucky. Why is car insurance so expensive in Kentucky?

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Answer provided by
Jason Tushinski
Answered on May 18, 2022
Car insurance is indeed expensive in Kentucky, with residents paying an average of $2,391 per year for full coverage. That’s compared to a national average of about $2,000 annually.
Why is car insurance so expensive in Kentucky? Well, the biggest factor is the Bluegrass State’s higher-than-average level of car accident fatalities: 1.36 deaths per million miles driven. The national average, by comparison, is 1.1.
Other factors driving up car insurance rates in Kentucky are as follows:
  • There’s an upward trajectory of the number of fatal accidents in Kentucky. The latest statistics available show 667 fatalities in 2018, versus 612 in 2014. So, insurers raise rates in anticipation of more claims due to the frequency of serious collisions.
  • Car repairs are more expensive in Kentucky, as they were 8% higher in 2018 versus 2014. Increased costs mean that insurers pay more to cover vehicle damage, and thus raise premiums to account for higher payouts.
  • In Kentucky, more than 14% of all drivers are uninsured. To compensate for this added risk, insurers increase premiums across the board to keep pace.
  • Extreme weather also plays a role in driving up insurance prices in Kentucky, as serious storms, droughts, and tornadoes are occurring with more frequency. Insurers raise rates to compensate for the expected influx of claims due to these circumstances.
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