Kentucky Farm Bureau vs. Progressive: Which Company is the Best Fit for You?

Quick Facts

• Based on national averages for car insurance, Progressive offers more affordable prices than Kentucky Farm Bureau
• Kentucky Farm Bureau offers cheaper average rates for policyholders who live in suburban areas
• Progressive has less expensive premiums for policyholders who drive a short distance to work everyday

Kentucky Farm Bureau or Progressive: Which Company has the Cheapest Car Insurance?

So, you're considering switching to a new insurance policy. After all, you've seen ads from all sorts of companies offering huge savings. But exactly how much can you save by switching?

You might have narrowed your search down to Kentucky Farm Bureau or Progressive, but between the two, which one will save you the most?

Looking at nationwide averages, Kentucky Farm Bureau has average rates that are around 10% a month more expensive than those from Progressive.

But Progressive may not be the most affordable or best option for each driver out there. Auto insurance carriers vary their rates depending on things like how good your credit score is, how old you are, how clean your driving record is, where you live, and tons of other factors, so prices will change quite a bit from person to person.

Wanting to know if Kentucky Farm Bureau or Progressive is really the right company for you? Keep on reading to see how average rates can change based on all of the factors we've mentioned above.

Kentucky Farm Bureau vs. Progressive: Average Car Insurance Rates by State

Kentucky Farm Bureau and Progressive only compete against each other in Kentucky, where Kentucky Farm Bureau offers the cheaper average prices. Undefined drivers tend to pay about undefined per month less on average compared to drivers who use undefined for their insurance.

There are plenty of other factors that go into your car insurance payment than just the state you live in. Keep reading to learn more.

Which is the Best Company For Young Drivers?

Teen drivers will almost always have the most expensive insurance premiums of any group out there on the road. That's usually because teen drivers are statistically much more likely to get into accidents since they have less experience on the roads.

But still, even with seemingly sky-high rates, teen drivers can still find ways to save money. For example, 18-year-old drivers pay an average of 0% less a month by choosing Progressive over Kentucky Farm Bureau.

However, with both companies, you'll see your prices drop significantly by the time drivers turn 25. For example, average premiums for Kentucky Farm Bureau policyholders lower almost 60% and Progressive's prices decrease nearly 70% over that time.

Which is the Best Company for Retired Drivers?

Once you approach retirement age, you'll typically enjoy the lowest auto insurance premiums out there. You've been on the road for years, and all that experience pays off when it comes to your monthly rates for car insurance.

So, which carrier offers the best premiums to retired drivers? Progressive gets the slight edge, with prices for drivers 65 and older $7 more affordable than the national average for Kentucky Farm Bureau.

Which is the Best Company for Married Drivers?

Did you know that auto insurance rates are normally cheaper for married couples than they are for those who are single? That's because policies for married policyholders generally cover several vehicles, which several carriers will give you a discount for.

For single drivers, the difference in average premiums between these two companies is not very significant, with Progressive prices coming in at about 7% less than Kentucky Farm Bureau's. The advantage for married drivers is more obvious, where drivers who use Progressive save over 15% per month.

Kentucky Farm Bureau or Progressive: Average Rates by Gender

Women usually to pay less for car insurance than men. That's because men are more likely to get into collisions and get tickets, which raises the chances of filing a claim with insurance.

Women normally pay around $15 a month less than men with Kentucky Farm Bureau, and about $5 cheaper with Progressive when compared to their male counterparts.

Looking at the data for each company specifically, Progressive offers the cheapest average rates for both men and women. On average, male drivers save about $25 per month and women save around $15 with Progressive compared to the average Kentucky Farm Bureau policyholder.

Kentucky Farm Bureau vs. Progressive: Compare State Minimum vs. Full Coverage Rates

*State minimum value indicates liability-only policies at each state's minimum bodily injury and property damage (BI/PD) limits

**Full coverage indicates state minimum BI/PD limits with collision and comprehensive coverages added to policy.

It's no secret that insurance can be a complicated subject for most people. There are so many different terms and limits that it can make it pretty confusing to find the right policy for you.

That being said, most policies end up falling into two different types of coverage -- liability coverage (that covers bodily injury and property damage for other drivers and passengers if you cause a collision) and full coverage (which typically refers to having collision and comprehensive coverages alongside liability coverage).

Looking specifically at state minimum liability insurance, Progressive has the slight edge, with average monthly prices coming in at $111. If you want a full coverage policy with the same state minimum limits, Progressive again has the edge, with policies averaging about $250 a month to Kentucky Farm Bureau's $282.

Is Kentucky Farm Bureau or Progressive Better for Drivers with Spotty Records?

It's no secret -- drivers with good records end up getting the best deals on their auto insurance. But that's not to say you can't save money if you don't have the best driving record, either.

It's no secret secret that speeding tickets and at-fault collisions lead to higher premiums, but which carrier -- Kentucky Farm Bureau or Progressive -- has the lowest rates for drivers with less-than-ideal driving records?

Which Company is Best for Drivers with Speeding Tickets?

Policyholders with Kentucky Farm Bureau car insurance policies don't report seeing their premiums increase after getting a ticket, but Progressive policyholders can expect to see their monthly bill increase by around $30.

Even so, Kentucky Farm Bureau tends to offer the best prices for both drivers who have a recent speeding ticket and those with clean records -- their rates are around 3% less expensive for drivers with clean records and 19% more affordable for those with a ticket.

Which Company is Best for Drivers After an Accident?

Kentucky Farm Bureau drivers who get in an accident can expect to see their rates rise by 6%, while those who have insurance through Progressive will see about a 30% increase.

At the end of the day, drivers who use Kentucky Farm Bureau end up with the cheaper prices after an accident, with average prices coming in at $154 compared to Progressive's $214.

Which Company is Best for Drivers with a DUI?

If you get a DUI charge, you can expect some pretty significant increases in your monthly insurance bill -- generally a lot more than a collision or ticket. On average, Kentucky Farm Bureau will raise your premiums around 60% after a DUI, while Progressive's average rates climb by more than 15%.

How does Credit Score Impact Kentucky Farm Bureau and Progressive Rates?

In many cases, your credit score can come into play when carriers determine your monthly bill. This isn't true for everyone (for example, Hawaii and Michigan are two states that ban the practice entirely), but it does affect a lot of policyholders out there.

Auto insurance companies argue that someone with good credit is more likely to pay their bills on time, which makes them less risky to insure. Because of that, drivers with good credit will often be rewarded with less expensive prices.

Looking specifically at Kentucky Farm Bureau and Progressive, which carrier has the cheapest premiums for policyholders at different credit levels?

Which Company is Best for Drivers with Good Credit?

Which Company is Best for Drivers with Bad Credit?

Is Kentucky Farm Bureau or Progressive Better for Drivers who Work from Home or Have Short Commutes?

The amount of time you spend behind the wheel of your car plays a big role in how much insurance carriers will charge for coverage. Typically, the more milage you put on your car each year, the more you can expect to pay for car insurance.

As you can see in the table above, annual mileage doesn't have much of an impact on how much Progressive charges. However, there's a small difference in monthly prices for Kentucky Farm Bureau, with drivers who put 6,000 miles on their vehicle every year paying about $9 less each month compared to those who drive 12,000 miles annually. Still, for drivers in both categories, Progressive is the cheaper company.

Kentucky Farm Bureau or Progressive: Compare Rates for Urban, Suburban, and Rural Drivers

Where you call home can play a pretty big role in how much you pay for auto insurance. Normally, if you live in an urban area with more cars on the road, you'll pay a little more for car insurance, while the opposite is true for people in rural areas.

Progressive boasts the lowest average premiums in rural and urban areas, while Kentucky Farm Bureau wins in suburban areas.

Those in rural areas can expect to save around $49 with Progressive compared to Kentucky Farm Bureau. People who live in suburban areas pay about $11 less with Kentucky Farm Bureau compared to Progressive. For drivers in urban ZIP codes, Progressive's average rates are around $23 less than Kentucky Farm Bureau.

Kentucky Farm Bureau vs. Progressive Discounts

No matter why you might be in the market for a new insurance policy, you're always going to want to save as much money as you can, and the best way to do that is by taking advantage of as many car insurance discounts as possible.

The challenging part is finding all of the discounts you're eligible for, since it can feel sometimes like every company has different discounts and each one is advertised differently.

Luckily, we did the hard work for you and broke down all of the different discounts offered by both Kentucky Farm Bureau and Progressive so that you can see which company offers the most discounts and see which ones you might be able to take advantage of.

Progressive blows Kentucky Farm Bureau away when it comes to the sheer amount of discounts available, offering 23 more discounts than Kentucky Farm Bureau.

Both companies offer several of the same discounts -- like discounts for being a defensive driver, discounts for being a good driver, and multi-policy discounts -- but Progressive also offers discounts for advance quote, advanced safety feature, agency transfer, and more.

On the other hand, Kentucky Farm Bureau has a few proprietary discounts of their own for things like driver training discounts, school bus driver discounts, and umbrella policy discounts.

Final Thoughts: Is Kentucky Farm Bureau or Progressive Best for You?

You've seen the role certain variables have on your insurance and the different discounts carriers offer. But, when it comes down to it, which insurance carrier is the right carrier for you, your vehicle, and your wallet?

Progressive might be best for you if....

• You will be the only person on the auto insurance policy.
• Your neighborhood is in a city.
• You have a short drive to work everyday.

Kentucky Farm Bureau might be best for you if...

• You've been pulled over for speeding recently.
• Your credit score is high.
• Your neighborhood is in the suburbs.

Hopefully, this guide helps you get a good idea of the differences between Kentucky Farm Bureau and Progressive. We also hope we've given you the information you need to make the best decision about your car insurance.

At the end of the day, the sure-fire way to make sure you're getting the best deal on your insurance policy is to compare quotes from several companies, not just Kentucky Farm Bureau and Progressive. Luckily, Compare.com makes it easy for you to do just that. Just enter your ZIP code below and get multiple quotes from some of the best auto insurance carriers in your area, all for free.

Kentucky Farm Bureau vs. Progressive FAQs

Is Kentucky Farm Bureau or Progressive cheaper?

Progressive is the more affordable of the two companies when looking at national average prices, with policies averaging $180 per month with Progressive and $201 for Kentucky Farm Bureau. That being said, that doesn't mean Progressive will be the cheapest company for every policyholder, since there are many different factors (things like gender, age, driving record, etc.) that play a role in how much you pay.

Who is better, Kentucky Farm Bureau or Progressive?

Sadly, the answer truly is "it depends.". No one carrier is necessarily "better" for each policyholder -- it all depends on what your unique insurance profile looks like. For example, Progressive is cheaper for drivers who have less-than-stellar credit scores, while Kentucky Farm Bureau offers less expensive rates for policyholders with an at-fault collision on their record.

Why do Kentucky Farm Bureau and Progressive offer me different rates?

Auto insurance carriers use lots of different variables when determining the prices they charge. Factors such as your driving record, age, where you park your car, gender, and sometimes even things like your credit score can all be taken into consideration. Both Kentucky Farm Bureau and Progressive calculate premiums differently, so it's likely they'll offer different rates. The best way to determine which company is the most affordable for you is by comparing personalized quotes from a range of different companies.

How do I know if Kentucky Farm Bureau or Progressive is right for me?

The only way to find the car insurance carrier that's right for you is by getting quotes from a handful of carriers and finding the one best suited for your individual budget. Luckily, Compare.com does all the hard work for you. Just enter your ZIP code and you'll get quotes from dozens of your local top auto insurance companies for free. That way, you can guarantee you're getting the lowest premium. And maybe you'll find that the best company for you isn't Kentucky Farm Bureau or Progressive at all, but another you hadn't even thought of!

Methodology

All of the data referenced in this article has been gathered in collaboration with Quadrant Information Services. We analyzed more than 2.5 million rows of carrier-reported data to calculate the average rates referenced above. All rates are based on an insurance profile of a single-vehicle policy for a driver that owns a 2016 Honda Accord. For more information on how we calculate rates, please reference our data methodology.