Cincinnati Auto Insurance: Does It Work In Kentucky?

Cincinnati Insurance offers auto insurance in most states, including Kentucky. The company provides all the standard auto insurance coverage types, plus several endorsements to help drivers build a policy that works for their situation.

Cincinnati auto insurance is available in most states and Washington, D.C., but not in Alaska, Louisiana, Mississippi, Oklahoma or South Dakota.

The average cost of full coverage car insurance with Cincinnati is $1,680 per year, while minimum coverage costs an average of $482 per year. For comparison, the national average cost of car insurance is $2,014 per year for full coverage and $622 per year for minimum coverage.

Cincinnati Insurance is also one of the best car insurance companies in Kentucky, according to MoneyGeek, with a score of 95 out of 100.

Cincinnati Insurance: Customer Reviews and Satisfaction Ratings

Cincinnati Insurance is a group of insurers under the umbrella of the Cincinnati Financial Corporation, which is headquartered in Fairfield, Ohio. The company was founded in 1950 and offers both business and personal insurance policies in 45 states.

Customer Reviews

Reviews for Cincinnati Insurance are mixed. On WalletHub, the company has an average rating of 3.4 out of 5 stars. One reviewer praised the company's customer service, stating that they will have your back when things go wrong. Another reviewer appreciated the company's support for high-value homes, noting that they offer a lot of add-ons and are responsive to customer needs.

However, there are also several negative reviews, with some customers complaining about issues with claims, rude adjusters, and lack of coverage. One reviewer warned others to not buy Cincinnati Insurance and accused the company of stealing money and not paying legitimate claims.

Customer Satisfaction and Ratings

Cincinnati Insurance has an A+ rating from the Better Business Bureau (BBB) and an NAIC rating of 0.35, which means it has fewer customer complaints than the average competitor, adjusted for size. The company also has a high financial strength rating of A+ (Superior) from AM Best, indicating a strong ability to pay out claims.

In terms of ratings from reputable third-party agencies, Cincinnati Insurance was rated 4.5 out of 5 by The Zebra, which praised the company's perks and add-ons. The company was also rated 4 out of 5 stars by Bankrate, particularly suitable for those seeking affordable insurance for high-value assets.

However, it is important to note that Cincinnati Insurance was not rated in any studies by J.D. Power for overall satisfaction or claims satisfaction, likely due to its smaller size.

Kentucky's Car Insurance Requirements

In Kentucky, drivers must carry the state's minimum coverage auto insurance to be legally allowed to drive. The minimum coverage includes:

• $25,000 for bodily injury liability per person.
• $50,000 for bodily injury liability per accident.
• $25,000 for property damage liability per accident.
• $10,000 personal injury protection (PIP) per person.

Kentucky operates under a no-fault insurance system, meaning your insurance company will pay for your injury claims up to a specified limit, regardless of who caused the accident.

Collision and Comprehensive Coverage

Kentucky does not mandate collision and comprehensive coverage as part of its state minimum auto insurance requirements. However, if you finance or lease a vehicle, lenders usually stipulate that you carry such insurance to protect their investment. These policies cover damages from accidents, theft, natural disasters, and other non-collision incidents.

Uninsured Motorist Coverage

Uninsured motorist coverage can be rejected in writing. The minimum coverage includes:

• $25,000 per person and $50,000 per accident for bodily injury.
• $10,000 per accident for property damage.

Optional Add-On Coverages

Kentucky offers various optional add-on coverages, including collision, comprehensive, uninsured/underinsured motorist, and personal injury protection. These options provide financial protection against damages typically not covered, like accidents with uninsured drivers, theft, or natural disasters.

Penalties for Driving Without Insurance

In Kentucky, the cost of a ticket for driving without insurance depends on whether it's your first time. First-time offenders can expect a lighter penalty, but the consequences become more severe for those with prior offenses, leading to heftier fines and stronger legal actions. Anyone caught driving uninsured in Kentucky can face the following penalties:

• Vehicle impoundment, with extra costs to get your car back.
• Vehicle registration suspension, meaning you can't legally drive your car.
• License suspension, plus a fee to get your license back.
• SR-22 requirement, a form verifying you have minimum coverage, often leading to higher insurance rates.
• Jail time, which could last up to six months if you're in an accident without insurance.

Cincinnati Car Insurance Cost by Age

The cost of car insurance in Cincinnati, Ohio, varies depending on age, gender, and other factors. According to Insure.com, the average car insurance cost in Cincinnati is $1,175 per year or $98 per month. However, this amount can differ based on age.

For teenagers between 16 and 19 years old, the rate is significantly higher at $4,808 per year or $401 per month. This is due to their lack of driving experience and higher risk of accidents. As teens grow older and build a good driving record, their insurance rates decrease.

Young adults in Cincinnati pay $2,122 per year for car insurance, a decrease of $2,686 from the teen insurance rate. This is still higher than the rates for adult and senior drivers, which are $1,217 and $1,187 per year, respectively. The Insurance Information Institute attributes the lower rates for adults and seniors to their higher likelihood of obeying speed limits and following road rules.

It is worth noting that these rates are specific to Cincinnati, Ohio, and may not reflect the costs in other states or cities. Additionally, insurance rates can vary depending on other factors such as gender, driving record, and the insurance company. Comparing quotes from multiple insurers can help individuals find the most affordable rates that match their specific needs.

Cincinnati Car Insurance Quotes by Age

Seniors

Cincinnati Insurance offers the best car insurance for seniors in Kentucky. With a MoneyGeek score of 98 out of 100, Cincinnati Insurance is known for its high customer satisfaction and claims handling scores. The company offers an annual premium of $761, which is quite competitive, considering that seniors often pay slightly more than individuals in their 30s to 50s.

Young Adults

Cincinnati Insurance is also the best option for young adults in Kentucky, with a MoneyGeek score of 94 out of 100. The company offers an annual premium of $1,194, which is slightly higher compared to older age groups.

Teens

Auto-Owners Insurance is the best option for teens in Kentucky, with a MoneyGeek score of 93. The company offers an excellent blend of affordability and coverage at an annual premium of $1,882.

Overall

Cincinnati Insurance is the best car insurance company in Kentucky, with a MoneyGeek score of 95. The company offers a blend of customer satisfaction, affordability, and claims handling, with an annual premium of $933.

Cincinnati, Ohio

In Cincinnati, Ohio, car insurance rates vary depending on age, gender, driving record, vehicle type, and location. Mile Auto offers the cheapest car insurance rates in the city, with minimum coverage policies starting at $42 per month. For teens, Mile Auto also offers affordable rates, with an average monthly cost of $149 for liability policies and $321 for full coverage. For seniors, the average monthly cost of car insurance is $56 for liability and $121 for full coverage.

Cincinnati Car Insurance Discounts

Cincinnati Insurance is the best option for car insurance in Kentucky, offering a perfect mix of affordability and customer satisfaction. The company also offers the best minimum coverage, the best service, and the best insurance for military personnel and seniors.

Discounts

Cincinnati Insurance offers a range of discounts to its customers. While the exact discounts offered may vary depending on the state and the specific policy, some of the common discounts include:

• Multi-policy discount: Bundling your car insurance with home, renters, boat, or multi-car insurance can result in significant savings.
• Anti-theft discount: Installing an anti-theft device in your car can make you eligible for a discount. The savings may vary based on the type of device installed, and proof of installation may be required.
• Safe driver discount: Maintaining a clean driving record is important. Cincinnati Insurance offers a discount for drivers with at least five years of safe driving history.
• Good student discount: Nationwide offers a discount for student drivers aged 16 to 24 who maintain a B average or higher and are full-time students.
• Defensive driving discount: This discount is applicable to drivers aged 55 and above who have completed and passed a state-approved defensive driving safety course.
• Automatic payments discount: Setting up monthly recurring bill payments from your checking or savings account can result in a one-time discount.
• Accident-free discount: Maintaining an accident-free driving record can earn you a discount of up to 10% on your monthly premium.

Other insurance companies in Cincinnati, such as GEICO, also offer various discounts, including new vehicle, good student, and multi-policy discounts.

Other Factors Affecting Car Insurance Rates

It is important to note that car insurance rates are influenced by several factors beyond discounts. These factors include:

• Age: Older drivers generally have lower insurance costs compared to younger, less experienced drivers.
• Gender: In Ohio, auto insurance is generally less expensive for women.
• Driving record: Accidents or traffic violations on your record will result in higher insurance rates.
• Vehicle type: Expensive cars, especially luxury, sports, and electric vehicles, are more costly to repair, leading to higher insurance rates.
• Location: Insurance rates can vary within a state. For example, in Ohio, residents of Cincinnati pay more for car insurance than residents of other cities like Akron or Cleveland.

Frequently asked questions