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

Quick Facts

• In general, Kentucky Farm Bureau offers slightly more affordable premiums than Shelter
• Kentucky Farm Bureau has cheaper prices for couples purchasing car insurance together
• Shelter offers more affordable premiums for policyholders who have a clean record

Kentucky Farm Bureau vs. Shelter: Which Company has the Cheapest Car Insurance?

Are you considering a new insurance policy? You've probably seen commercials and billboards from companies offering large discounts, but exactly how much money can you save by switching?

You've maybe even narrowed your search down to Kentucky Farm Bureau or Shelter as your top options, but which carrier will offer you more affordable rates?

As you can see, Kentucky Farm Bureau is about $7 per month less expensive than Shelter when looking at the national average rates for auto insurance.

However, that doesn't mean Kentucky Farm Bureau will necessarily be cheaper than Shelter for every driver. After all, car insurance companies can offer drastically different rates to each driver depending on rating factors like your driving record, where you call home, your age, or even your credit score (among other things). So, at the end of the day, prices from every carrier will differ quite a bit from person to person.

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

Kentucky Farm Bureau or Shelter: Average Car Insurance Rates by State

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There are plenty of other factors that go into your auto insurance bill than just the state you live in. Continue reading to learn more about how other factors will affect your rates.

Which is the Best Company For Young Drivers?

Young drivers -- especially teens -- typically pay a lot for insurance compared to older drivers. That's because young, inexperienced drivers are statistically much more likely to get into an accident that results in an insurance claim, making them much riskier to insure.

But that doesn't mean that teen drivers have to just accept sky-high car insurance prices. For example, 18-year-old drivers pay an average of nearly $10 less a month by choosing Shelter over Kentucky Farm Bureau.

Even so, both carriers will offer you dramatically lower rates once you turn 25. Shelter offers the steepest drop, with 25-year-olds paying less than half what 18-year-old drivers are charged. That being said, Kentucky Farm Bureau still has the cheapest prices at $183 per month.

Which is the Best Company for Retired Drivers?

When it comes to auto insurance, patience and experience pay off, with drivers around retirement age paying some of the most affordable rates you'll ever find.

So, which carrier offers the best premiums to retired drivers? Kentucky Farm Bureau gets the slight edge here, with average rates coming in at around $138 a month compared to Shelter's $141. That being said, that difference is less than 5%, which means it ultimately will come down to other variables, such as your driving record or where you live.

Which is the Best Company for Married Drivers?

Did you know that car insurance prices are normally less expensive for married drivers than they are for single drivers? This usually boils down to married policyholders having several cars on their policy -- something quite a few insurance companies will reward with discounts.

If you're in the market for auto insurance, Kentucky Farm Bureau tends to have the lowest average premiums regardless of if you're married or single, with prices about 6% cheaper for married couples and around 3% more affordable for single policyholders.

Kentucky Farm Bureau vs. Shelter: Average Rates by Gender

Did you know women tend to pay less for insurance than men? This is because women are less likely to get into collisions and get tickets, which lowers the chances of an insurance claim.

Typically, men see prices about 7% per month higher with Kentucky Farm Bureau, while with Shelter, the difference is closer to 11% a month.

When it comes to the most affordable rates for each gender, Kentucky Farm Bureau comes out as the cheapest option for both genders, with average premiums $13 less for men and $3 cheaper for women.

Kentucky Farm Bureau or Shelter: 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.

For most people, car insurance can be pretty complicated. There are a range of different coverages that account for a variety of different things. Some protect you and your vehicle, while others only provide coverage for other people's property and health if you cause an accident.

But the most common policies that many drivers look at fall into two categories -- liability only (that covers bodily injury and property damage for other drivers if you cause a collision) and full coverage (which includes comprehensive and collision coverages that protect your own vehicle, in addition to what you get with liability).

If you're looking for state minimum liability limits, Kentucky Farm Bureau usually offers slightly cheaper rates of $120 compared to Shelter's $129. When it comes to full coverage policies with similar limits, Kentucky Farm Bureau again has the edge, with policies around $6 per month less expensive than Shelter, on average.

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

It's no big secret that drivers who are accident-free get better deals on their auto insurance. But even if you have a spotty record, you can still find plenty of ways to save some cash on your monthly bill.

Accidents and tickets will most likely raise your prices, but is Kentucky Farm Bureau or Shelter more affordable for drivers with spotty records?

Which Company is Best for Drivers with Speeding Tickets?

Drivers with Kentucky Farm Bureau car insurance policies don't report seeing their premiums increase after getting a ticket, but Shelter policyholders can expect to see their monthly bill increase by about 20%.

If you have a clean record, Shelter tends to offer the best prices at around 2% less expensive, while Kentucky Farm Bureau has the edge for drivers with a ticket.

Which Company is Best for Drivers After an Accident?

After an accident, drivers who have their auto insurance through Kentucky Farm Bureau can expect to see about an $9 -- or around 6% -- increase in their insurance rates. Drivers who use Shelter for their car insurance will see a monthly bill about $92 (or 39%) more expensive after reporting an accident to their auto insurance company.

Overall, Kentucky Farm Bureau offers the lowest premiums for drivers with an at-fault accident on their records, with monthly rates averaging $154 compared to Shelter Insurance's $234.

Which Company is Best for Drivers with a DUI?

If you get a DUI charge on your record, it's probably going to cost you more than a simple speeding ticket or even a collision. On average, Kentucky Farm Bureau will increase your premiums around 60% after a DUI, while Shelter's average prices increase by just under 50%.

If you have a DUI on your record and are looking for more affordable rates, Shelter tends to be the much cheaper option with average premiums of $277 monthly compared to $359 from Kentucky Farm Bureau.

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

Did you know that many insurance carriers take into account your credit score when calculating prices? This isn't always the case (Hawaii, for example, has banned the use of credit score as a rating factor) but it might come into play for a lot of policyholders.

Car insurance companies argue that those with good credit scores are more likely to pay their bills on time each month, which reduces the risk involved on their end, while the opposite is true for those with bad credit.

So, which carrier offers the cheapest rates for drivers with good, average, or poor credit?

Which Company is Best for Drivers with Good Credit?

Which Company is Best for Drivers with Bad Credit?

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

How much you drive can have a sizable impact on your monthly insurance cost. That's because the fewer miles you drive, the less likely you are to get into an accident and cause an insurance claim.

For both drivers who put 6,000 miles on their vehicles yearly, as well as those who average twice that figure, Kentucky Farm Bureau offers more affordable prices than Shelter. Kentucky Farm Bureau average premiums for drivers with 6,000 annual miles come in $7 cheaper than Shelter. Those who drive 12,000 miles annually can expect to pay just under $10 less with Kentucky Farm Bureau over Shelter.

Kentucky Farm Bureau vs. Shelter: Compare Rates for Urban, Suburban, and Rural Drivers

We've already mentioned how your home state can play a role in how much you pay for auto insurance, but the type of area you live in can have a large impact as well. Generally, if you live in a rural area with fewer cars on the road, you'll pay a little less for insurance, while the opposite is true for people in urban areas.

Kentucky Farm Bureau vs. Shelter Discounts

Regardless of why you might be in the market for a new auto insurance policy, you're always going to want to save as much money as possible. That's where car insurance discounts comes into play.

But where do you even start? With so many discounts out there, it may seem hard to find all the of the ones you can take advantage of.

In the section below, we've taken a look at all of the different discounts Kentucky Farm Bureau and Shelter offer their customers so that you can easily see which company offers the most discounts and see which ones you might be able to take advantage of.

Overall, Kentucky Farm Bureau comes out ahead with 11 discounts to Shelter's 10.

A couple of those are overlapping for things like discounts for getting driver training, discounts for being a good driver, and multi-policy discounts. Kentucky Farm Bureau also offers ABS discounts, school bus driver discounts, and umbrella policy discounts that Shelter does not.

On the flip side, Shelter has a couple unique discounts of its own -- advance quote discounts and paid in full discounts.

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

So, you've seen how different factors can affect your insurance prices. We've shown you all the discounts each company offers, too. That's all well and good, but when it comes down to it, which carrier is the right one for you and your specific needs?

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

• You've been pulled over for speeding recently.
• You care about discounts (Kentucky Farm Bureau offers the most).
• You have a short drive to work everyday.

Shelter might be best for you if...

• You don't have any speeding tickets, DUIs, or at-fault collisions on your record.
• You have a DUI charge on your record.
• You're buying auto insurance for a teen and looking for a wallet-friendly option.

We hope this guide has ben a valuable resource as you compare Kentucky Farm Bureau and Shelter and that it aids in making a more informed decision about your car insurance.

At the end of the day, the best way to make sure you're getting the best deal on your auto insurance policy is to compare quotes from a handful of carriers, not just Kentucky Farm Bureau and Shelter. Luckily, Compare.com makes it easy for you to do just that. Simply enter your ZIP codes below and get free quotes from dozens of top insurance companies in your area, all in just a few minutes.

Kentucky Farm Bureau vs. Shelter FAQs

Is Kentucky Farm Bureau or Shelter cheaper?

Looking just at the national average premiums, Kentucky Farm Bureau is the less expensive of the two carriers, offering average rates of $201 a month compared to $208 for Shelter. However, Kentucky Farm Bureau won't necessarily be the lowest company for every policyholder, since there are lots of different variables (things like age, driving record, gender, etc.) that play a role in how much you pay.

Who is better, Kentucky Farm Bureau or Shelter?

Unfortunately, the only answer we can give you is "it depends.". No single carrier is necessarily "better" for each driver -- it all depends on what your unique car insurance profile looks like. For example, Shelter offers more affordable rates for drivers with a recent DUI, while Kentucky Farm Bureau is less expensive for drivers with excellent credit.

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

Insurance companies take a look at many different factors when determining the prices they charge policyholders. Things like your driving record, where you park your car, gender, age, and sometimes even things like your credit score can all come into play. Both Kentucky Farm Bureau and Shelter calculate premiums using different variables, so each one will most likely offer different rates. The only real way to see which company is the most affordable for you is by comparing personalized quotes from a bunch of different carriers.

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

The only way to find the car insurance carrier that's right for you is by getting quotes from several companies and finding the one best suited for your individual budget. Luckily, Compare.com does all the hard work for you. Just enter your information once and you'll get free quotes from dozens of the best auto insurance carriers in your area. With those, you can guarantee you're getting the cheapest rate. And who knows, the best company for you might not be Kentucky Farm Bureau or Shelter at all!

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.