The Cheapest Car Insurance Companies in Louisville
A full coverage car indemnity policy offers you fiscal protection in most circumstances, as it includes liability, comprehensive and collision coverages. MoneyGeek ’ second study shows these companies offer the cheapest wide coverage policy policies for an average driver in Louisville :
- State Farm: $969 per year
- GEICO: $1,079 per year
Members of the military and their families may be eligible for insurance through USAA and enjoy a more low-cost rate at $ 845 annually. It ’ mho $ 1,682 less expensive than the city ’ s most expensive supplier, MetLife .
Cheapest Car Insurance in Louisville
Full Coverage 100/300/100
- company 100/300/100per year
- 1 .USAA $845
- 2 .State Farm $969
- 3 .GEICO $1,079
- 4. Kentucky Farm Bureau $1,122
- 5 .Allstate $1,364
- 6 .Travelers $1,453
- 7 .Progressive $1,931
- 8 .Nationwide $2,436
- 9 .MetLife $2,527
The car indemnity premiums in this scout are based on a 40-year-old male driver in Louisville with a full moon coverage policy, as set out in MoneyGeek ’ s methodology. Full coverage car policy offers broad fiscal protections for a driver. aside from the express ’ randomness required coverages, it includes comprehensive and collision coverages. Because of its increase auspices, it is a lot more expensive than a minimum coverage policy .
- Comprehensive Coverage: Pays for damage not caused by a collision, such as weather-related events like hail and falling objects. It also covers loss due to theft.
- Collision Coverage: Pays for the cost of vehicle repair if you’re in an accident.
A full coverage policy policy can be more expensive than your car ’ s total substitution value, specially if it ’ s an older vehicle. If that ’ s the case for you, buying liability-only or state of matter minimal policy can get you the cheapest rates potential .
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Cheapest Car Insurance in Louisville for Minimum Coverage
If you ’ re looking for the cheapest car insurance offers in Louisville, a state minimum policy is your best option being significantly more low-cost than other policies. however, state minimum policy does not include comprehensive examination or collision coverages, exposing you to fiscal risks in the event of an accident. The following insurers offer the cheapest department of state minimal policies in Louisville :
- State Farm: $452 per year
- Kentucky Farm Bureau: $605 per year
USAA has the most low-cost state minimum premiums in Louisville at $ 396 per annum, but you can alone purchase insurance from USAA if you ’ re a member of the military. The insurance company is Louisville ’ s cheapest state minimum provider, being $ 1,391 cheaper than the city ’ s most expensive state minimum supplier, MetLife .
Cheapest Minimum Liability Car Insurance in Louisville
- company State Minimumper year
- 1 .USAA $396
- 2 .State Farm $452
- 3. Kentucky Farm Bureau $605
- 4 .GEICO $630
- 5 .Allstate $771
- 6 .Travelers $856
- 7 .Progressive $1,064
- 8 .Nationwide $1,566
- 9 .MetLife $1,787
Drivers in Kentucky are required by law to have a minimal coverage policy, which includes personal injury protection, property protection policy and liability policy. A minimal coverage policy is the cheapest car insurance in Louisville, so you ’ ll decidedly save on your monthly premiums. The downside is that you may end up paying more out of pocket if you ’ re in an accident. In Kentucky, liability insurance only covers $ 25,000 for bodily injuries per person. This means if you ’ re at blame in a collision and the other party ’ s medical expenses reach $ 30,000, the insurance company will cover the first $ 25,000, but you ’ ll have to pay the balance directly .
Kentucky Minimum Liability Requirements
- item description
- Bodily Injury and Property Damage $ 25,000 per person, $ 50,000 per accident and $ 25,000 for property damage. A more protective level is 100/300/100 .
- personal Injury Protection $ 10,000 per person .
Cheapest Car Insurance in Louisville if You Have Driving Violations
If you get a travel rapidly tag, are in an at-fault accident or charged with a DUI, your car indemnity rates will likely go up. You can change your bad record over meter by improving your driving history, which should help lower your premiums. In the interim, your best option is to shop around and compare car insurance quotes from several companies to find the best prices. MoneyGeek ranked Louisville ’ s most low-cost cable car insurance providers for drivers with bad records :
- Cheapest after a ticket: State Farm, $1,040 per year
- Cheapest after an at-fault accident: State Farm, $1,112 per year
- Cheapest after a DUI: State Farm, $1,040 per year
Cheapest Car Insurance in Louisville With a Violation
- company Speeding Ticketper year
- 1 .State Farm $1,040
- 2 .USAA $1,041
- 3. Kentucky Farm Bureau $1,122
- 4 .GEICO $1,195
- 5 .Allstate $1,595
- 6 .Travelers $1,715
- 7 .Progressive $2,646
- 8 .Nationwide $2,773
- 9 .MetLife $3,421
Average Cost of Car Insurance in Louisville
The average car insurance rates in Louisville are around $ 1,610 per year. In the department of state of Kentucky as a solid, drivers enjoy a lower statewide annual modal premium at $ 1,405, and the national average annual premium of $ 1,424 is besides lower than the city ’ randomness average. Louisville cable car policy premiums are round 14.6 % higher than the country average and around 13 % higher than the national average. Like car insurance elsewhere in the area, car insurance rates in Louisville will differ for every person. The best car indemnity in Louisville is a personalize calculation, accounting for a variety show of factors.
Personalized Quotes to Get You the Cheapest Car Insurance in Louisville
car insurance quotes in Louisville from every supplier can change depending on your unique history and level of risk — bad individuals are subject to higher annual premiums. These risks include senesce, ZIP code, credit grudge, driving criminal record and driving know. To make sure you get the best premium, it ’ randomness best to get a individualized quote from car insurance companies in Louisville. A regular profile check will besides afford you electric potential rebates and discounts that may have been unaware of .
Compare Car Insurance Rates in Louisville
guarantee you ‘re getting the best rate for your car policy. Compare quotes from the acme insurance companies. widget-location-pin
The Best Car Insurance Companies in Louisville
MoneyGeek evaluated car policy providers in Louisville to help you find one that balances affordability and quality customer service. Our scoring arrangement reveals that the best car insurance companies in the city overall are :
- Erie: MoneyGeek score of 93 out of 100
- Auto-Owners Insurance Co: MoneyGeek score of 90 out of 100
USAA received the highest scores in Louisville per MoneyGeek ’ randomness rate system. however, since it ’ s entirely available to military members, veterans and their families, we did not list the insurance caller as best overall. MoneyGeek used respective sources to calculate the final scores out of 100. These include ratings by J.D. Power for exploiter gratification, affordability and insurance company fiscal constancy .
1 USAA score : 95
4/5 Affordability 5/5 Claims Ratings 4/5 User Satisfaction A++ fiscal constancy
2 Erie score : 92.5
4/5 Affordability 5/5 Claims Ratings 4/5 User Satisfaction A+ fiscal stability
3 Auto-Owners Insurance Co score : 90
4/5 Affordability 3/5 Claims Ratings 4/5 User Satisfaction A++ fiscal constancy
4 GEICO score : 85
3/5 Affordability 3/5 Claims Ratings 3/5 User Satisfaction A++ fiscal stability
5 State Farm grudge : 82.5
3/5 Affordability 3/5 Claims Ratings 4/5 User Satisfaction A fiscal stability
6 Nationwide score : 80
2/5 Affordability 3/5 Claims Ratings 3/5 User Satisfaction A+ fiscal constancy
7 Travelers sexual conquest : 80
2/5 Affordability 3/5 Claims Ratings 2/5 User Satisfaction A++ fiscal stability
8 MetLife score : 80
3/5 Affordability 3/5 Claims Ratings 2/5 User Satisfaction A+ fiscal constancy ư
9 Safeco score : 77.5
3/5 Affordability 2/5 Claims Ratings 3/5 User Satisfaction A fiscal stability
10 Progressive score : 77.5
3/5 Affordability 2/5 Claims Ratings 2/5 User Satisfaction A+ fiscal constancy
11 Kentucky Farm Bureau score : 75
2/5 Affordability 2/5 Claims Ratings 3/5 User Satisfaction A fiscal stability
12 Allstate score : 75
2/5 Affordability 2/5 Claims Ratings 2/5 User Satisfaction A+ fiscal stability
13 Liberty Mutual grudge : 75
2/5 Affordability 3/5 Claims Ratings 2/5 User Satisfaction A fiscal stability
14 National General score : 72.5
3/5 Affordability 2/5 Claims Ratings 2/5 User Satisfaction A- fiscal constancy
Average Cost of Car Insurance by Postal Code
Your location is one of the most crucial factors that affect your car policy premiums. Some ZIP codes have higher premiums due to high-accident neighborhoods, increased incidents of car thefts, uninsured motorists and many other risks. In Louisville, the ZIP code with the lowest premium is 40299. The annual insurance rates go up between 25 % and 34.5 % if you live in ZIP codes 40219, 40216 or 40214. The most expensive area, 40214, costs an average $ 456 more than the cheapest area for cable car indemnity. It ’ south best to get personalized deals for the best car insurance in Louisville after factoring in your ZIP code .
- Zip Code State Minimumper year
- 40299 $1,323
- 40219 $1,655
- 40216 $1,684
- 40214 $1,779
Factors That Impact Insurance Costs in Louisville
In addition to person driver needs and history, location-specific factors like personal injury protection coverage requirements and the percentage of uninsured motorists besides contribute to car policy rates in Louisville. How Louisville ranks compared to the 300 most populous cities in the United States can have a significant shock on agio costs .
Most Accidents With Fatalities 68th / 300
Most car Thefts 201st / 300
Most uninsured Motorists by State 26th / 50 personal Injury Protection Required Yes
Most annual rain 72nd / 300
Most showery Days 62nd / 300
Methodology and Assumptions
MoneyGeek ’ randomness average agio rates for Louisville are based on 100/300/100 comprehensive examination collision coverage with a $ 1,000 deductible for a 40-year-old male driver. The average driver profiled drives a 2010 Toyota Camry LE and has no tickets or accidents on their phonograph record. Additional premiums are added based on coverage type, location and drive phonograph record.