What's the average cost of car insurance in Louisville?
The typical Louisville driver pays $2,523 per year for car insurance coverage. That's more than the average across Kentucky ($2,208) and more costly than the national average of $1,548. Our guide to Louisville car insurance includes average rates based on age, credit score, driving history, and marital status. Keep reading to learn more!
LOUISVILLE AUTO INSURANCE PREMIUMS
|Louisville Average (annual)||Kentucky Average||National Average|
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Louisville car insurance rates by provider
One of the most important determinants of your car insurance rates is the insurance company you work with. In Louisville, Kentucky Farm Bureau provides the most affordable rates for the typical insurance customer. We've gathered the best cheap car insurance companies in Louisville below. You should only use this list as a starting point: it's important to compare quotes specific to your unique driving profile.
LOUISVILLE CAR INSURANCE RATES BY COMPANY
|Insurance Company||Average Annual Rate|
|Kentucky Farm Bureau||$1,419|
Louisville car insurance premiums by age
The age bracket that pays the least for auto insurance in Louisville consists of drivers in their 50s, who pay an average of $2,131. Those in their 60s don't pay significantly more ($2,191).
Teenage drivers pay Louisville's most expensive insurance rates. One of the most effective ways to get cheaper car insurance rates as a driver in Louisville is to celebrate your 20th birthday. In Louisville, teenage drivers pay $9,981 — a full $7,791 more than the second-most expensive rate paid by an age group.
LOUISVILLE CAR INSURANCE PREMIUMS BY DRIVER AGE
|Age group||Average Yearly Rate|
Louisville auto insurance premiums by gender and marital status
In some cases, a driver's marital status and gender may affect their car insurance rates. Married drivers in Louisville pay $251 less than single drivers for car insurance. Married drivers pay less for car insurance than do single drivers in many locations. Rates for those who are widowed are also much cheaper than rates for those who are single. Interestingly enough, in Louisville, widowed drivers pay less than those who are single.
Gender is another factor that can affect auto insurance rates. In Louisville, female drivers pay more for auto insurance than do male drivers: $49 per year, to be precise.
LOUISVILLE CAR INSURANCE RATES: BY MARITAL STATUS AND GENDER
|Gender/Marital Status||Average Yearly Rate|
Louisville car insurance costs by incident history
No matter where you live, keeping your driving record clean is a great way to keep your auto insurance rates low. Speeding tickets, reckless driving citations, DUIs and DWIs, and at-fault accidents all can trigger insurance rate hikes.
Two of the most costly citations to receive are DUI and reckless driving. Louisville drivers found guilty of reckless driving face insurance rate increases of $1,228 per year, compared to the citywide average. A DUI violation may lead to a $1,528 increase, while a citation for speeding leads to a $429 rate hike.
AVERAGE LOUISVILLE INSURANCE RATES AFTER A VIOLATION OR ACCIDENT
|Incident||Average Annual Rate|
|At-fault Accident (damages less than $1,000)||$3,611|
|At-fault Accident (damages > $2,000)||$3,950|
|Speeding Ticket (16-20 mph over speed limit)||$2,952|
Louisville car insurance rates by credit score
An important insurance rating factor is credit. Drivers with checkered credit histories typically face higher car insurance rates than do drivers with good credit. In fact, Louisville drivers who improve their credit score from the "Very Poor" tier (300-579) to the "Exceptional" tier (800-850) earn, on average, a 61% decrease in their auto insurance costs. Moving from "Very Poor" to "Fair" credit is an important step toward saving money on auto insurance. In Louisville, improving your credit to "Fair" could help you earn a $2,215 decrease in annual car insurance rates.
LOUISVILLE CAR INSURANCE PREMIUMS BY CREDIT TIER
|Credit Score||Average Yearly Rate|
What drives up car insurance rates in Louisville?
Where you live in Louisville 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 Louisville is no exception to the rule. From zip code 40207 to 40212, premiums rise by 49 percent—that’s $757.
Expensive Louisville Zip Codes: 40297, 40203, 40210, 40211, 40212
Cheap Louisville Zip Codes: 40207, 40220, 40222, 40205, 40280
Louisville Driving Conditions
Inclement weather goes hand in hand with wet brakes, slick roads, and decreased visibility.
And that's not the worst of it. More than 700,000 weather-related car accidents occur each year. In Louisville, you can expect 123 rainy days with an annual rainfall of 44.9 inches. Louisville is also known to experience thunderstorms and tornadoes.
Rainy Days a Year
Avg. Annual Rainfall
Avg. Annual Snowfall
Find Local Louisville Agents
Braden Insurance Agency, Inc.
3069 Breckenridge Lane, Louisville, KY 40220
Hyland Block & Hyland
1250 S 3rd St, Louisville, KY 40203
USI Insurance Services, LLC.
950 Breckenridge Ln, Ste 50, Louisville, KY 40207
Hatter, Hinkebein & Barlow Insurance
5300 Bardstown Road, Louisville, KY 40291
1601 Alliant Avenue (502) 415-7000, Louisville, KY 40299
Francis & Company, Inc.
3103 Breckenridge Ln Ste 6, Louisville, KY 40220
A Central Insurance Agency
6708 Shepherdsville Rd, Louisville, KY 40228
Nolan Insurance Corp
903 E. Chestnut Street, Louisville, KY 40204
Burke & Burke Insurance Services, LLC
3703 Taylorsville Rd Ste 213, Louisville, KY 40220
R. H. Clarkson Insurance Agency, LLC
401 W Main Street, Suite 1500, Louisville, KY 40202
Complete Insurance Services, LLC
3000 Eastpoint Parkway, Louisville, KY 40223
Houston & Houston Ins Agcy, Inc.
4027 Preston Hwy, Louisville, KY 40213
Sterling G. Thompson Company
545 South Third Street - Suite 300, Louisville, KY 40202
Kiely Hines & Associates Insurance Agency, Inc.
6100 Dutchmans Lane - 10th Floor, Louisville, KY 40205
620 West Shipp Avenue, Louisville, KY 40208
Logan Lavelle Hunt Insurance Agency, LLC
11420 Bluegrass Pkwy, Louisville, KY 40299
Zach Leonardo & Associates, LLC
3550 Frankfort Ave., Louisville, KY 40207
Assured Neace Lukens Insurance
2305 River Rd, Louisville, KY 40206
Schwartz Insurance Group
2950 Breckenridge Lane #8, Louisville, KY 40220
Family Select Insurance
6409 Dutchmans Pkwy, Louisville, KY 40205
Burns Insurance, Inc.
207 Breckenridge Ln, Louisville, KY 40207
Anderson & Associates, Inc.
729 Executive Park, Louisville, KY 40207
2200 Greene Way, Louisville, KY 40220
4025 Preston Highway, Louisville, KY 40213
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