Cheap Auto Insurance Quotes in Louisville, KY (2023)

Minimum-coverage car insurance in Louisville costs an average of $379 per month — $132 more than Kentucky’s average of $267 per month. Your car insurance quote will vary due to factors like your driving history, age, credit, and the type of car you drive.

Comparing rates from multiple insurers will help you find the best auto insurance policy for your needs. Here are some of the cheapest car insurance quotes in Louisville.

How much does car insurance cost in Louisville?

Car insurance costs in Louisville can vary widely depending on a number of factors like your age, vehicle, and driving history. Insurers may also offer significantly different rates for very similar policies. For instance, liability-only coverage in Louisville could cost you between $157 and $458 per month, depending on the insurer you pick, while full coverage could range from $184 to $615 per month.

It’s important to compare quotes from multiple companies to get the best rate and coverage that meets your needs. Insurify’s data scientists analyzed the latest insurance rates in Louisville to identify the three cheapest insurers in the area:

• Travelers has the cheapest liability-only insurance coverage in Louisville, at $157 per month.

• Kemper Preferred has the cheapest full-coverage insurance in Louisville, at $184 per month.

• Travelers has the cheapest insurance for new or young drivers in Louisville, at $214 per month.

Check Out: Cheap Car Insurance in Kentucky

Average cost of auto insurance in Louisville

The average cost of auto insurance in Louisville is $349 per month. This includes both liability-only and full-coverage policies. The following table illustrates the average monthly ranges for 13 local insurers. Keep in mind that these averages are based on a variety of factors. Your specific quote may be different.

Average car insurance premiums in Louisville by marital status

Your marital status can affect your car insurance premiums. While your relationship status doesn’t directly influence your rate, choosing to add your partner to your policy will. In some instances, it may be cheaper to be on one policy with your spouse than to have two separate policies.

For example, in Louisville, the average monthly cost for full-coverage policies is $513 for a married policyholder, while an unmarried policyholder pays $397.

Adding your spouse to your car insurance policy could also increase your overall monthly costs. Because insurers use credit history and driving history to determine rates, a spouse with poor credit or a bad driving record may be more expensive to insure.

Cheapest car insurance in Louisville: Travelers

The cheapest car insurance in Louisville is a $157 per month liability-only policy from Travelers.

Many factors affect how much you’ll pay for car insurance. Along with unique factors like your driving record, how much you drive, and your age, insurers also consider general details, like the type of coverage you select, the car you drive, and your location.

Not all companies weigh these factors in the same manner, so you may discover that auto insurance rates across companies and locations vary widely.

How much car insurance do you need in Louisville?

The state of Kentucky mandates that all motor vehicles have insurance coverage, including those operated or parked on state roadways. The minimum liability insurance requirements for private passenger vehicles in Louisville are:^[1]

• $10,000 per accident for personal injury protection coverage (also referred to as PIP) to cover the policyholder for medical expenses that they incur in an accident

• $25,000 per accident for property damage if the driver is at fault for property damage to the involved parties

• $25,000 per person/$50,000 per accident for bodily injury coverage to cover medical bills for those other than the policyholder who are injured during an accident

Remember that Kentucky is a no-fault state, which means that both parties’ insurance providers will pay for medical expenses, regardless of which driver caused the accident.

All Kentucky drivers must carry proof of insurance with them at all times when operating their vehicle and must present it when law enforcement requests it, when renewing vehicle registration, and when the vehicle is involved in an accident.

Kentucky DMV information

The Kentucky Transportation Cabinet operates the Kentucky Department of Motor Vehicles. This service assists drivers with a variety of administrative tasks throughout the state, such as:

• Renewing their driver’s licenses

• Picking up license plates

• Registering their vehicles

More tools and resources for drivers are available through the DMV’s online portal.^[2]

How to get cheap car insurance in Louisville

Insurance premiums can be a hefty expense, which is why it’s always a good idea to find ways to lower your car insurance rate. Maintaining both a good driving record and a good credit score is helpful in the long run, but you can be proactive in the short term as well.

You should also ask your current insurer if there’s any way to lower your premium without minimizing your coverage or raising your deductible, such as by applying for discounts or taking driver training courses. Inquire about lower rates when you combine your auto insurance with homeowners insurance or another policy. You can also ask whether you or those on your policy are eligible for any discounts.

Insurers differ in how they set rates, even when it’s for the same policy. This is why you should always compare car insurance quotes. You could save hundreds of dollars per year with a different insurer while still retaining the coverage you need. You can easily shop around for insurance by using a comparison website, where you can compare policies and prices from various insurers for the same policy on the same page.

Check Out: Compare Home and Auto Insurance Bundles

How age affects car insurance rates in Louisville

Age is an important factor when it comes to setting car insurance rates. For instance, accidents are exponentially more likely to happen to teenage drivers than to middle-aged drivers.^[3] The table below shows the average car insurance rate for Louisville drivers based on their age group.

See Also: Compare Car Insurance by Age and Gender

Cheapest car insurance for young drivers in Louisville

The cheapest car insurance provider for young drivers in Louisville is Travelers, according to Insurify’s proprietary database of more than 70 million quotes. But you might find cheaper rates with other insurers. While shopping around for a policy, young drivers should ask their insurer whether any discounts apply to them, such as discounts for:

• Being a good student

• Having no moving violations or accidents within three years

• Having low annual mileage

• Taking a driver’s education or defensive driving course 

• Having anti-theft devices in the car

• Being a college student away from home

Cheapest car insurance for middle-aged drivers in Louisville

The cheapest car insurance for middle-aged drivers in Louisville is Kemper Preferred, according to Insurify’s proprietary database of more than 70 million quotes. Middle-aged drivers should ask their insurer about any discounts applicable to them, such as discounts for:

• Anti-theft devices in the car

• Bundling auto and homeowners coverage with the same company

• Taking defensive driving courses

• Having good credit

• Having low annual mileage

• Being a longtime customer

• Insuring more than one car

• Having no accidents in the past three years

• Having no moving violations in the past three years

Cheapest car insurance for senior drivers in Louisville

The cheapest car insurance for senior drivers in Louisville is Travelers, according to Insurify’s proprietary database of more than 70 million quotes. Senior drivers should ask their insurer about any discounts they might be eligible for, such as discounts for:

• Being an AARP member

• Bundling auto and homeowners coverage with the same company

• Having no moving violations or accidents within three years

• Having low annual mileage

• Having good credit

• Having anti-theft devices in the car

• Being a longtime customer

• Insuring more than one car

How credit scores affect cheap car insurance in Louisville

Some insurers use credit-based insurance scores in conjunction with other factors to price car insurance policies. This score uses information from your credit report, and while it doesn’t take into account income, it may factor in your credit score.

A lower credit score could negatively influence your insurance score, while a higher credit score could make you eligible for a discounted premium. Credit scores between 300 and 579 on the FICO Score range are considered poor, fair if they’re between 580 and 669, and good if they’re between 670 and 739, according to Experian.^[4]

While some states ban or limit insurers from using credit scores to set rates, the state of Kentucky doesn’t.^[5] Check out the average car insurance rate for Louisville drivers based on their credit score:

Also See: Car Insurance Rates by Credit Tier

The effect of driving habits on car insurance in Louisville

Your driving habits and the type of coverage you purchase will also affect how expensive your coverage is. Drivers with a history of accidents will pay more than someone with a spotless driving record. Speeding tickets and other moving violations will also likely cause your insurance rates to increase. 

The tables below outline how different driving infractions could increase your rates.

It’s important to note that when you see a negative difference in a table, it doesn’t mean that particular insurance company lowers rates for drivers with that infraction on their records. Rather, it may mean that our sample size was small — insurers may choose to not offer policies to drivers with that infraction. Your actual rate can vary, based on a number of factors other than driving record.

Cheapest car insurance with an accident in Louisville: Grange

Drivers with accident reports on their records, particularly at-fault accidents, tend to pay more in premiums than drivers with clean records. Each insurer assesses rate increases differently, but generally, you’re more likely to see a significant rate increase if you’re the at-fault party in the accident.

Cheapest car insurance with a DUI in Louisville: Safeco

It’s illegal to drive under the influence of drugs and alcohol in Kentucky. Along with fines and license suspensions, drivers who receive a DUI may see their insurance premiums rise. The increase may be higher than those caused by other incidents, such as getting into an accident, and driver’s with DUI/DWIs on their record may have difficulty keeping or getting new coverage.

Cheapest car insurance with a speeding ticket in Louisville: Grange

Certain traffic violations, such as speeding, can also affect your premiums. Although a speeding ticket isn’t as serious an offense as a DUI or at-fault accident, insurers may still raise premiums for drivers with speeding tickets on their records.

Car insurance in other Kentucky cities

Car insurance rates can vary greatly from city to city, even within the same state. Here’s a look at car insurance in other Kentucky cities.

• Kentucky Homeowners Insurance Quotes

• Average Cost of Car Insurance in Kentucky

• Cheap Auto Insurance Quotes in Bowling Green, KY

• Cheap Auto Insurance Quotes in Madisonville, KY

How to save on car insurance in Louisville

Most drivers aim to have the cheapest car insurance policy possible. You have many ways to save on car insurance in Louisville, even if you don’t qualify for the lowest rates. Check out these tips to reduce your auto insurance costs.

Shop around and compare

It’s wise to shop around for a cheaper policy annually or even bi-annually so you can make sure you’re getting the best deal. You may qualify for lower rates or discounts that you didn’t in the past, or you could find a company willing to give you the same coverage at a better price.

The Insurance Information Institute encourages drivers to compare at least three different insurance companies. This is a lot easier to do if you use an insurance-comparison website that lets you compare policies and prices from a variety of insurers on the same page.

Modify your current policy

You can save money on your premium by raising your deductible. If you choose to do this, it’s wise to set aside money to put toward your deductible if you need to file a claim. Another policy change you can make is to reduce optional insurance on an older vehicle that may not be worth the extra coverage.

Inquire about discounts

Many insurers offer a variety of discounts for new and existing policyholders. From low mileage and safe driving to discounts for bundling with other policies like homeowners insurance, you may be able to lower your premium with one or more unique discounts.

Louisville driving conditions

Louisville ranks as the 175th most traffic-congested city in the United States, according to the 2021 Global Traffic Scorecard. This is a substantial improvement from its 2016 ranking of 44th.

The Kentucky Crash Data Five-Year Report analyzed vehicular accidents reported between 2017 and 2021. In Jefferson County, where Louisville is, the population was listed at 777,874. The report identified 85,142 crashes, 24,207 (28%) of which were fatal or caused injury.

Fayette County, the next-largest Kentucky county, had a population of 321,793, with 41,525 crashes identified, 10,099 (24%) of which were fatal or caused injury.^[6]

Although Louisville’s traffic congestion has improved over the years, its high population may contribute to a higher likelihood of accidents.

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