Lexington, KY, Car Insurance

In Lexington, the average full coverage car insurance costs $99 per month. Rates can vary widely, from a low of $95 to a high of $340, depending on the policy, vehicle type, and driver's details. To help drivers understand what they might pay, the following table shows average car insurance costs for different driver profiles.

Because insurers calculate premiums differently, for the most accurate estimate, you'll need to get quotes from multiple providers.

In Lexington, the average annual cost for full coverage car insurance is $1,181, while the minimum coverage costs $607 per year. Lexington's full coverage rate is lower than the Kentucky average of $1,281, but the minimum coverage is slightly higher than the state average of $606.

While premiums might be rising in the Bluegrass State, you can still find cheap car insurance in Lexington. Cincinnati Insurance offers the lowest rate for state minimum coverage at just $29 per month. For full coverage, Travelers provides the best rate at $72 per month.

Cincinnati Insurance is often the cheapest for minimum coverage, but rates vary for each driver. To find the most affordable car insurance, get quotes from several providers. Below is a table showing the cheapest rates for different driver profiles.

To find affordable car insurance in Lexington, it's key to compare rates from many places. Below, we explain the cheapest options for state minimum and full coverage policies.

Cincinnati Insurance offers the cheapest minimum coverage auto insurance at $29 per month. Kentucky Farm Bureau follows at $37 monthly. See the breakdown of the cheapest options in the table below.

Travelers offers the lowest full coverage car insurance in Lexington at $72 per month. Below, explore the full list of providers and their rates.

To find affordable car insurance in Lexington, we suggest getting quotes from several providers. Cincinnati Insurance offers the cheapest rate at $644 annually and is also the best-rated with a MoneyGeek score of 94. See the table below for more options to consider.

*Rates are for a 40-year-old driver with good credit and no driving violations.

Middle-aged drivers and younger seniors have the lowest car insurance rates, with pricing of $1,181 per year for 40-year-olds and $1,144 annually for 65-year-olds. Below, you can compare average rates for ages 16 to 65 in the city.

Allstate offers the cheapest overall car insurance for teens in Lexington, costing $151 per month. This provides a $60 monthly savings compared to the state average. The table below also breaks down some of the most affordable providers for this age group.

**Rates reflect 16 to 19-year-old drivers with good credit and no driving violations for full coverage policies.*

Cincinnati Insurance offers the lowest minimum coverage for young drivers at $37 per month, while Travelers provides the most affordable full coverage at $85 monthly. Check the table below to see which providers offer the cheapest rates for various young driver profiles.

Travelers offers the most affordable auto insurance for young drivers at $64 per month. Other companies also provide competitive rates as shown in the table below.

**Rates are for 25-year-old drivers with good credit and no driving violations for both minimum and full coverage.*

Cincinnati Insurance and Auto-Owners Insurance Co offer the most affordable car insurance options, but rates can vary based on factors like your driving history. The table below shows the cheapest providers for different driver and coverage profiles that may better fit you.

Cincinnati Insurance offers the cheapest monthly premium for seniors at $45 for both minimum and full coverage. Auto-Owners Insurance Co follows with a $54 rate per month. The table below shows options of the top car insurance providers for seniors in Lexington.

*Rates are for 65-year-old drivers with good credit and no driving violations for both minimum and full coverage.

In Lexington, car insurance rates for high-risk drivers are generally lower than state averages. The average annual cost for minimum coverage is $940, compared to the state's $1,998. Full coverage in Lexington averages $1,836, while the state average is $3,982. Drivers with bad credit and DUIs pay the most, whereas accidents and speeding tickets have a smaller impact on rates.

State Farm offers the cheapest minimum coverage for drivers with a DUI at $618 per year in Lexington. For full coverage, State Farm is also the most affordable at $1,291 annually. Check out the table below to see more options for low-cost coverage.

**Rates are for a 40-year-old driver with good credit and a DUI.*

Kentucky Farm Bureau, Travelers, and State Farm offer the most affordable rates for drivers with an at-fault accident in Lexington. For more details on the cheapest auto insurance after an at-fault accident, explore the table below. It showcases various providers offering budget-friendly coverage options for drivers with an at-fault violation.

**Rates are for a 40-year-old driver with good credit an at-fault accident.*

Cincinnati Insurance is the cheapest car insurance provider for drivers with a speeding ticket, offering rates of $35 for minimum coverage and $94 for full coverage monthly. Check the table below to see how other providers charge drivers with a speeding ticket.

**Rates are for a 40-year-old driver with good credit and a speeding ticket.*

Cincinnati Insurance offers the most affordable rates for drivers with bad credit, with $50 for minimum coverage and $133 for full coverage. Check the table below for other affordable options.

**Rates are for a 40-year-old driver with bad credit and no driving violations.*

In Kentucky, each city follows statewide mandates for car insurance minimums. Here's what your policy needs at a minimum:

• $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.

For instance, if you're in an accident, your policy covers up to $25,000 for injuries per person and $50,000 per accident, ensuring basic financial protection.

Cincinnati Insurance offers the cheapest car insurance in Lexington for both minimum and full coverage. No matter if you're young, a senior, or have a low credit score, you'll find affordable options. Make sure your policy covers Kentucky's essentials: bodily injury, property damage, and protection against uninsured drivers. Compare to get the best rates that follow Kentucky's laws.

This section provides quick answers to common questions about finding the cheapest and best car insurance options in Lexington. Learn about affordable plans, including state minimum coverage, to make informed decisions.

MoneyGeek conducted an analysis of Lexington auto insurance prices using data from the Kentucky Department of Insurance and Quadrant Information Services.

Lexington Driver Profile

To assess the best and most affordable auto insurance options for Lexington residents, MoneyGeek used the following sample driver profile:

• 40-year-old male
• Clean driving history
• 2012 Toyota Camry LE
• 12,000 miles driven per year

By altering variables such as age, driving records and military status, MoneyGeek also found the top insurers for different types of drivers.

Coverage Levels in Lexington

In assessing the car insurance quotes for Lexington, we gathered data for both minimum and full coverage policies, ensuring each insurer conformed to Kentucky's mandated liability insurance parameters:

The minimum coverage requirements in Kentucky are:

• $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

To assess rates for full coverage policies, MoneyGeek upped the coverage amounts to these limits:

• $100,000 bodily injury liability per person
• $300,000 bodily injury liability per accident
• $100,000 property damage liability
• Comprehensive and collision coverage with a deductible of $1,000

MoneyGeek’s Scoring System

MoneyGeek scored insurers on a scale of zero to 100, factoring in customer satisfaction, cost-effectiveness, claims management, coverage options and financial stability.

Insurers received scores as indicated below, with a total possible score of 100 points:

• General customer satisfaction (up to 35 points)
• Affordability (up to 30 points)
• Claims experience (up to 20 points)
• Essential coverages (up to 10 points)
• Financial stability (up to five points)

MoneyGeek’s Sources

To gauge rates and assess the best service experiences among Kentucky providers, MoneyGeek utilized six sources:

• Quadrant Information Services provided actual policy quotes in Lexington
• J.D. Power's studies and the NAIC index contributed to the assessment of customer service
• Claims experience metrics came from J.D. Power and the CRASH Network’s report card
• AM Best and Demotech offered financial stability insights through their ratings

MoneyGeek gathered 50,284 quotes for the average driver across various ages, driving a Toyota Camry with a clean record, barring specific exceptions. Our study evaluated 14 insurance companies in Lexington. For more information on the scoring and methodology, visit MoneyGeek's methodology.