Cheapest Car Insurance In Lexington, KY 2024
In Lexington, Cincinnati Insurance offers the most affordable minimum coverage car insurance, with an average cost of $30 per month.
We’ve saved shoppers an average of $600 per year on their car insurance.
When searching for affordable car insurance in Lexington, KY, you’ll find that rates can differ significantly.
Cincinnati stands out as the top choice for those wanting the cheapest liability-only insurance. On the other hand, drivers needing full coverage will find Auto-Owners has the most competitive rates. Meanwhile, young drivers can benefit from the lowest rates offered by Travelers.
Cheapest Car Insurance Companies In Lexington, KY
Cheapest Liability-only Car Insurance In Lexington: Cincinnati
In Lexington, Cincinnati offers the lowest rates for minimum coverage car insurance, averaging $30 per month.
Refer to the table below for a comparison of rates from various insurance companies.
| Provider | Average Monthly Cost | Average Annual Cost |
| Cincinnati Insurance | $30 | $360 |
| Travelers | $41 | $490 |
| Auto-Owners | $37 | $443 |
| State Farm | $50 | $596 |
| Nationwide | $43 | $520 |
Cheapest Full Coverage Insurance Rates In Lexington: Auto-Owners
Auto-Owners offers the lowest rates for full coverage car insurance in Lexington, averaging $73 per month.
The table below shows average auto insurance quotes from budget-friendly providers in Lexington.
| Provider | Average Monthly Cost | Average Annual Cost |
| Auto-Owners | $73 | $871 |
| Cincinnati | $80 | $962 |
| Nationwide | $74 | $884 |
| Shelter | $92 | $1,107 |
| Allstate | $124 | $1,490 |
Cheapest Car Insurance Rates For Seniors: Auto-Owners
Auto-Owners offers the lowest car insurance rates for seniors in Lexington, with an average cost of $68 per month.
The table below displays average quotes from the most affordable auto insurance companies for seniors.
| Provider | Average Monthly Cost | Average Annual Cost |
| Auto-Owners | $68 | $814 |
| State Farm | $86 | $1,036 |
| Allstate | $133 | $1,590 |
| Shelter | $95 | $1,135 |
| GEICO | $112 | $1,344 |
Cheapest Rates In Lexington For Teenagers: Nationwide
Nationwide offers the lowest rates for teenage drivers in Lexington, with average monthly premiums of $155.
The table below lists the companies offering the cheapest insurance rates for teenagers.
| Provider | Average Monthly Cost | Average Annual Cost |
| Nationwide | $155 | $1,865 |
| State Farm | $176 | $2,109 |
| Allstate | $167 | $2,007 |
| Travelers | $198 | $2,370 |
| Auto-Owners | $243 | $2,913 |
Cheapest Auto Insurance For Young Adults in Lexington: Travelers
Travelers provides young adults in Lexington with the most affordable quotes, averaging $91 per month.
Use the table below to compare the most affordable auto insurance rates for young adults in Lexington.
| Provider | Average Monthly Cost | Average Annual Cost |
| Travelers | $91 | $1,092 |
| State Farm | $119 | $1,422 |
| Nationwide | $99 | $1,192 |
| Auto-Owners | $100 | $1,197 |
| Allstate | $130 | $1,560 |
Cheapest Car Insurance In Lexington For Good Drivers: Cincinnati
Good drivers in Lexington can secure the lowest car insurance rates from Cincinnati, averaging $30 per month.
If you’re a good driver, the table below shows average quotes from the most budget-friendly insurance providers.
| Provider | Average Monthly Cost | Average Annual Cost |
| Cincinnati Insurance | $30 | $360 |
| Shelter | $48 | $576 |
| Auto-Owners | $37 | $443 |
| State Farm | $50 | $596 |
| Nationwide | $43 | $520 |
Find affordable Lexington rates
Cheapest Car Insurance In Lexington After A Speeding Ticket: Auto-Owners
Compared to other companies in Lexington, Auto-Owners is very affordable, offering average rates of $80 a month for drivers with a speeding ticket.
The table below shows average rates for drivers with a speeding ticket.
| Provider | Average Monthly Cost | Average Annual Cost |
| Auto-Owners | $80 | $964 |
| State Farm | $107 | $1,280 |
| Cincinnati Insurance | $95 | $1,140 |
| Allstate | $148 | $1,772 |
| Progressive | $136 | $1,632 |
Cheapest For Drivers With After At-Fault Accident: Auto-Owners
Auto-Owners provides the most affordable car insurance quotes for drivers with an at-fault incident, averaging $99 per month.
These are the car insurance companies offering the lowest rates for drivers with an at-fault accident on their record.
| Provider | Average Monthly Cost | Average Annual Cost |
| Auto-Owners | $99 | $1,197 |
| Cincinnati Insurance | $167 | $2,004 |
| State Farm | $116 | $1,391 |
| GEICO | $217 | $2,600 |
| Progressive | $124 | $1,490 |
Cheapest Rates In Lexington For Drivers After A DUI: State Farm
State Farm provides the lowest rates for drivers with a DUI, offering Lexington drivers average premiums of $107 per month.
The table below shows the cheapest rates for drivers in Lexington with a DUI.
| Provider | Average Monthly Cost | Average Annual Cost |
| State Farm | $107 | $1,282 |
| Nationwide | $138 | $1,657 |
| Allstate | $166 | $1,992 |
| Auto-Owners | $171 | $2,051 |
| Cincinnati | $213 | $2,555 |
Best Car Insurance Companies In Lexington
In Lexington, drivers can get the cheapest insurance from Cincinnati Insurance for $30 a month. Kentucky Farm Bureau is another option at $39 a month, and Auto-Owners follows at $37 per month.
Below are the top 10 car insurance companies in Lexington, KY, ranked by their average monthly rates.
| Company | Monthly Premium |
| Cincinnati Insurance | $30 |
| Kentucky Farm Bureau | $39 |
| Travelers | $41 |
| Auto-Owners | $37 |
| State Farm | $50 |
| Nationwide | $43 |
| Allstate | $76 |
| GEICO | $53 |
| Shelter | $50 |
| Westfield | $62 |
| Grange Insurance | $89 |
Average Auto Insurance Rates In Lexington – By Age
Age plays a crucial role in determining car insurance rates. Generally, younger drivers face higher premiums because they lack experience and are statistically more likely to be involved in accidents or commit traffic violations. Teen drivers often pay about $4,080 annually for coverage.
Once drivers turn 25, their insurance rates typically start to go down, provided they have a clean driving record.
Drivers in their 50s and early 60s often receive the most competitive insurance rates. Age is used by insurance companies to gauge driving experience and risk, which impacts premium costs.
| Age | Average Yearly Rate |
| Teenagers | $4,080 |
| 20s | $2,100 |
| 30s | $1,704 |
| 40s | $1,500 |
| 50s | $1,370 |
| 60s | $1,440 |
| 70s | $1,632 |
Average Rates In Lexington – By Vehicle
Your car insurance rates are heavily influenced by the type of vehicle you own. Insurers consider the car’s make, model, year, and body style. Generally, newer cars, especially luxury models with advanced features and expensive replacement costs, have higher premiums.
You can consult the table below for a look at average rates in Lexington for different vehicles.
| Vehicle | Average Monthly Rate |
| Hyundai Sonata | $970 |
| Audi A3 | $129 |
| Toyota Prius | $192 |
| Chevrolet Equinox | $360 |
| Kia Optima | $460 |
Average Cost Of Auto Insurance In Lexington – By Zip Code
Insurers use zip codes to assess crime rates in your area, which means car insurance rates vary by zip code.
Use the table below to check average insurance rates for various zip codes in Lexington.
| Zip Code | Average Monthly Rate |
| 40509 | $153 |
| 40511 | $130 |
| 40516 | $105 |
| 40504 | $124 |
| 40515 | $165 |
How Much Is Car Insurance In Other Cities in Kentucky ?
Where you live has a significant impact on your car insurance premiums. Insurers consider various location-based factors, such as the likelihood of accidents, car theft, and vandalism, which are typically higher in cities, leading to higher rates.
For instance, drivers in Danville typically pay about $158 per month for car insurance, whereas those in Versailles average $98 per month.
| City | Average Monthly Rate |
| Bowling Green | $135 |
| Newport | $133 |
| Owensboro | $142 |
| Danville | $158 |
| Versailles | $98 |
| Somerset | $125 |
| Covington | $127 |
| Ashland | $115 |
| Richmond | $130 |
| Frankfort | $128 |
Find affordable Lexington rates
Our Methodology
Based on a detailed analysis that includes customer service scores, product offerings, pricing, and insights from various online reviews and user experiences, I’ve developed a comprehensive overview of car insurance providers in Lexington, KY.
Quotes Analyzed
Years Of Industry Experience
Brands Reviewed
Research Hours
FAQs
Who has the lowest car insurance rates in Lexington?
Cincinnati Insurance offers the most affordable car insurance rates in Lexington for the state’s minimum coverage, while Auto-Owners provides the best rates for full coverage, including comprehensive and collision protection.
What is the average cost of car insurance in Lexington?
In Lexington, the average car insurance premium is approximately $140 per month, though rates may differ depending on factors like your zip code, car make and model, and driving history.
