How Much Does Car Insurance Cost in Lexington?
On average, premiums in Lexington are $454 less than the state average, so being knowledgeable about premiums while insuring a vehicle in Lexington is especially imperative. Keep some cash in your pocket by following our tips and saving on auto insurance in Lexington.
INSURANCE PRICES: LEXINGTON VS. NATIONAL/STATE AVERAGES
|City Average||State Average||National Average|
Lexington Car Insurance After Accidents or Violations
Having an untarnished driving record is critical if you want to keep the price of premiums low. Generally, a DUI in Lexington will cost you 55% more in car insurance premiums versus the city average of $1,596. Reckless driving will also push your rates up, with typical rates of $2,459! In Lexington, individuals who are found at-fault in an accident pay $867 more per year to insure their vehicle.
AVERAGE LEXINGTON INSURANCE RATES AFTER A VIOLATION OR ACCIDENT
|Incident or Violation||Average Annual Premium|
|At-fault Accident (damages less than $1,000)||$2,463|
|At-fault Accident (damages greater than $2,000)||$2,463|
|Speeding Ticket (16-20 mph over speed limit)||$1,918|
Lexington Auto Insurance by Marital Status and Gender
Car insurance premiums in Lexington differ depending on driver characteristics such as marital status and gender. Males have premiums that are nearly 2% cheaper than those for females. Rates for those who are widowed are marginally cheaper than rates for those who are single. Being single, as opposed to married, can cost you approximately 6% more per year.
LEXINGTON CAR INSURANCE PREMIUMS BY GENDER AND MARITAL STATUS
|Marital Status/Gender||Average Rate|
Lexington Auto Insurance by Credit Level
Average car insurance premiums in Lexington for individuals with Very Poor credit (300-579) are 2.5x higher than for those with Exceptional credit (800-850). Moving from Fair (580-669) to Good (670-739) creates the greatest percent drop in premiums, as drivers save an average of 22% per year.
LEXINGTON CAR INSURANCE RATES BY CREDIT TIER
|Credit Quality||Average Car Insurance Rate|
Lexington Car Insurance Costs by Driver Age
Car insurance premiums are highest for teenage drivers, with typical rates of $6,851 per year. Everybody loves to save money, and luckily for drivers in their 50s, they do just that! They have the smallest insurance premiums among any age group, with rates of $1,417 per year. However, those in their 60s ($1,452) aren’t paying much more. The greatest decrease in premiums for Lexington drivers happens when they hit their 20s. Once out of the teenage age bracket, they save an average of 68% every year. Car insurance premiums in Lexington continue to trend downward up until drivers turn 60.
LEXINGTON AUTO INSURANCE PREMIUMS BY DRIVER AGE
What drives up car insurance rates in Lexington?
Where you live in Lexington affects your car insurance rates. Besides your driving history and credit score, where you live is one of the biggest contributing factors to the car insurance rates you'll pay. The reason? Crime, theft and uninsured motorists vary by zip code. So if you find yourself in a neighborhood that doesn’t play well with others, car insurance companies may consider you a high risk to insure, meaning: your rates could be higher than those of a pal who lives just around the block. And, unfortunately Lexington is no exception to the rule. From zip code 40510 to 40598, premiums rise by 22 percent—that’s $308.
Expensive Lexington Zip Codes: 40517, 40503, 40502, 40550, 40598
Cheap Lexington Zip Codes: 40510, 40504, 40513, 40526, 40536
Lexington Driving Conditions
Inclement weather goes hand in hand with wet brakes, slick roads & decreased visibility.
And that's not the worst of it. Each year there are more than 700,000 weather-related car accidents. In Lexington, you can expect 130 rainy days with an annual rainfall of 46 inches. Lexington is also known to experience thunderstorms and tornadoes. You can check on the condition of the roads anytime here.
Rainy Days a Year
Avg. Annual Rainfall
Avg. Annual Snowfall
Not sure about Lexington
Check out these other Kentucky cities...
The average Lexingtonian's annual cost of coverage
Our customer's average savings after comparing insurance
See How Much You Can Save in Lexington
Just enter your zip code to get started
Lexington Car Insurance
Get Smart about Sinkholes: Is Your Home Protected?
Nov 08, 2017
There are altogether too many unfortunate scenarios which might cause damage to your home and property, and your home insurance...
What You Need to Know about Getting High and Driving in 2017
Jan 30, 2017
Marijuana legalization in the U.S. is constantly evolving, and states continue to modify their own legislation on their own timelines....
No Car, No Problem: Short Commute Alternatives
Sep 22, 2016
Most working-aged adults commute to work each day, and many students also share the daily commuting grind. Most Americans rely...
Who’s to Blame? Defining “Fault” in an Insurance Scenario
Sep 07, 2016
To the uninitiated, fault sounds easy enough: it ought to be assigned to the perpetrator of a crash, right? And...
Bow-OW! Do You Need Car Insurance for Your Pet?
Mar 14, 2016
Many pet owners frequently drive with their animals, and while we might know the safest ways for pets to travel...
What is PIP Insurance and Do You Really Need It?
Nov 16, 2015
Commonly called PIP for short, personal injury protection insurance protects you against—you guessed it—personal injury. If you get in an...