Louisville, KY, Car Insurance

In Louisville, the average full coverage car insurance costs $132 per month. Rates can range from $127 to $449, depending on various factors like policy, vehicle type and driver details. The table below details the average car insurance costs for different driver profiles to help drivers better understand potential expenses.

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

In Louisville, the average annual cost for full coverage car insurance is $1,572, while minimum coverage costs about $806 per year. These estimates are higher than the Kentucky averages, where full coverage is $1,281 and state minimum coverage is $606.

Premiums may be rising in Kentucky, but you can still find affordable car insurance in Louisville. Cincinnati Insurance offers the cheapest rate for minimum coverage at $39 per month. For full coverage, Travelers provides the best rate at $88 per month.

Cincinnati Insurance often offers the cheapest minimum coverage, but rates vary by driver. The best way to find affordable car insurance is by comparing quotes from multiple providers. Below is a table showing the cheapest car insurance rates for various driver profiles.

To get the cheapest car insurance in Louisville, compare rates from different companies. Below, we detail the most affordable state minimum and full coverage plans for your budget.

Cincinnati Insurance offers the cheapest minimum coverage auto insurance at $39 per month. Travelers follows closely with a $45 monthly rate. Check out the breakdown of the cheapest options in the table below.

Travelers offers the cheapest full coverage car insurance in Louisville at $85 per month. Below is the full list of providers and their rates.

To find affordable car insurance, get quotes from several companies in the area. Travelers offers the cheapest rate at $803 per year. Cincinnati Insurance is the best-rated provider with a MoneyGeek score of 94 and a premium of $838. 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 $1,572 per year for 40-year-olds and $1,519 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 Louisville at $170 monthly, saving $108 compared to the state average. The table below also breaks down some of the most affordable providers in the city 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 rate at $50 per month for young drivers. For full coverage, Travelers provides the most affordable rate at $103 per month. 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 $75 per month. The table below shows other companies with competitive rates.

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

Cincinnati Insurance and State Farm offer the cheapest car insurance in the area, but rates can vary based on many factors. 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 $59 for both minimum and full coverage. Travelers is the second most affordable, with rates at $66 per month. The table below shows top car insurance providers for seniors in Louisville.

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

When looking at high-risk driver profiles, Louisville offers cheaper rates for both minimum and full coverage compared to the state average. Drivers with bad credit and DUIs pay more for car insurance, while accidents and speeding tickets have a smaller effect on rates. Understanding these factors can help drivers manage their insurance costs better.

State Farm offers the cheapest minimum coverage for drivers with a DUI at $665 per year in Louisville. Travelers provides the most affordable full coverage policy at $1,677 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.*

State Farm, Travelers, and Kentucky Farm Bureau are the three cheapest car insurance providers for drivers with an at-fault accident in Louisville. Finding the cheapest auto insurance after an at-fault accident can help you save money. The table below shows different providers offering affordable coverage for drivers with an at-fault accident 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 $47 for minimum coverage and $121 for full coverage. Check the table below to see how other providers charge drivers with a speeding ticket on their record.

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

Cincinnati Insurance provides the most affordable rates for drivers with bad credit in Louisville, with minimum coverage at $69 per month. For full coverage, Travelers leads at $146 monthly. See the table below for other affordable options.

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

In the Bluegrass State, 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

Imagine a fender bender where damages total $20,000. With minimum coverage, your policy handles the costs, keeping your wallet intact.

Cincinnati Insurance is Louisville's go-to for cheapest minimum coverage at just $39, and Travelers shines for full coverage at $85 a month. Remember, your policy must cover Kentucky's basics: bodily injury, property damage, and uninsured motorist protection. Compare and save, ensuring you're legally set without breaking the bank.

This FAQ section offers quick answers to common questions about finding affordable car insurance options. Discover how to secure the best rates and understand minimum coverage requirements. Empower yourself with the knowledge to make informed insurance decisions.

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

Louisville Driver Profile

To assess the best and most affordable auto insurance options for Louisville 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 Louisville

In assessing the car insurance quotes for Louisville, 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 Louisville
• 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 Louisville. For more details on the methodology, visit MoneyGeek's methodology.