The best car insurance in Lexington, KY

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Jessica Olivo

Jessica Olivo

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Jessica Olivo is a writer living in Connecticut. She specializes in web and blog content in a variety of topics such as parenting, business, and culture, as well as serialized and short fiction.

After working in publishing and book publicity for many years, she transitioned to freelance writing full time.

&Rachael Brennan

Rachael Brennan

Senior Editor & Licensed Auto Insurance Expert

Rachael Brennan is a senior editor and a licensed auto insurance expert at Policygenius. Her work has also been featured in MoneyGeek, Clearsurance, Adweek, Boston Globe, The Ladders, and AutoInsurance.com.

Updated|4 min read

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The average cost of car insurance in Lexington, Kentucky, is $1,678. While this is $480 less than the Kentucky state average of $2,158, drivers in Lexington can still look to save money and keep their premiums as low as possible.

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There are several ways to spend less on a policy while still having confidence that you’re getting the coverage you need. To find an affordable insurance policy for your needs, Policygenius can quickly show you quotes from many different insurers.

Key Takeaways

  • GEICO has the lowest average rate in Lexington at $787.

  • Kentucky requires residents to have $25,000 in bodily injury liability coverage per person and $50,000 per accident, plus $10,000 in property damage liability.

  • Kentucky also requires drivers to have personal injury protection (PIP) unless the coverage is specifically rejected in writing.

Cheapest car insurance companies in Lexington, KY

Insurance premiums are calculated using a variety of information. By looking at your age, location, driving history, your car, credit rating, and more, companies are able to decipher how much you should be paying for car insurance.

While all companies look at the same information, they don’t all treat it the same. One company may be concerned with your location while another looks further into your driving history. For this reason, it’s important to shop around.

Company

Average cost

JD Power Rating

GEICO

$787

871

State Farm

$990

881

Auto-Owners Insurance

$1,209

890

USAA

$1,317

890

Westfield Insurance

$1,381

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Cheapest car insurance rates by ZIP code in Lexington, KY

Your ZIP code plays a role in how much you will pay for car insurance. Even within the same city, premiums will fluctuate from one neighborhood to the next. Insurance companies look at the population in a ZIP code as well as the crime rate to determine the risk of that particular location.

Areas with larger populations have more cars on the road and a greater risk of accidents. Higher crime rates in a ZIP code could indicate more theft and vandalism.

ZIP code

Average cost

40502

$1,651

40503

$1,594

40504

$1,625

40505

$1,725

40506

$1,754

40507

$1,702

40508

$1,751

40509

$1,586

Choosing the right car insurance company in Lexington, KY

Choosing the right company for your car insurance can be a confusing task. There are many different options to consider when deciding what kind of policy to get. Once you determine the coverage you need, you then have to find the company that offers the cheapest price. You might have questions about which company has the best rate for your city or who offers the best customer service. If you need help choosing a car insurance company, the experts at Policygenius are here to assist you.

Car insurance rates for drivers with driving violations in Lexington, KY

One of the best ways to save money on your car insurance is to drive safely. Most insurance companies will look closely at your driving history when calculating your rates. Once you have an accident or speeding ticket on your record, it’s going to affect your premium for three to five years.

In Lexington, a policy with GEICO averages $798 for drivers with a clean record, but that amount goes up to $841 for minor violations such as failing to stop at a red light, and $1,428 for an at-fault accident.

Violation

GEICO

State Farm

Auto-Owners Insurance

USAA

Westfield Insurance

At-fault accident

$1,428

$1,170

$1,670

$2,113

$2,139

DUI

$2,035

$1,086

$2,785

$2,318

$3,676

Suspended license

$841

$1,086

$2,785

$2,184

$3,676

Open container

$841

$1,086

$1,242

$2,158

$1,750

Expired registration

$798

$1,086

$1,224

$1,791

$1,750

Driving without lights

$841

$1,086

$1,242

$1,791

$1,750

Not showing documents

$798

$1,086

$1,224

$1,791

$1,750

Running a red light

$841

$1,086

$1,242

$1,791

$1,750

Cheapest car insurance for drivers with bad credit in Lexington, KY

Statistically, drivers with bad credit pay more for insurance because they are more likely to file a claim rather than pay out of pocket. In Lexington, GEICO has an average policy rate of $1,400 for drivers with bad credit while Nationwide charges $2,369 and Cincinnati Insurance goes as high as $2,846.

If you have a low credit score, you should shop around with Policygenius and get quotes from different companies to find one that doesn’t penalize for poor credit as harshly.

Company

Rates for drivers with bad credit

GEICO

$1,400

Grange Insurance

$1,961

State Farm

$2,080

Nationwide

$2,369

Cincinnati Insurance

$2,846

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Buying car insurance in Lexington, KY

As in most states, Kentucky drivers are required to have a minimal amount of coverage on their car insurance policies. This includes $25,000 for bodily injury liability coverage per person and $50,000 bodily injury liability coverage per accident, as well as $10,000 in property damage liability coverage. These parts of your policy are required in some form in almost every state in the country because they cover medical bills and repair costs from an accident.

Kentucky is a no-fault state, which means both drivers are responsible for their own medical bills in case of an accident, regardless of who caused the crash. These costs are covered with personal injury protection. In Kentucky, you’re required to have $10,000 per accident in personal injury protection, unless you reject the coverage in writing.

Uninsured/underinsured motorist coverage is optional, but if you decide you want it, you are required by the state to have at least $25,000 per person and $50,000 per accident. This insurance will cover costs if you are in a collision with a driver who does not have any or enough insurance. As with personal injury protection, you can opt out of uninsured/underinsured motorist coverage, as long as you do so in writing.

How to get cheap car insurance in Lexington, KY

If you’re looking for more ways to save money on car insurance, try these tips:

  • Shop for a new policy every one to three years. If you’ve turned 25, have gone a few years without a driving violation, or improved a bad credit score, you will probably be able to get a better rate.

  • Most companies offer discounts to safe drivers, good students, service members, seniors, or even certain professions or alumni. 

  • Get quotes from different companies. Since they tend to look at different factors when calculating your rate, you may find a big difference in quotes.

  • Remember to use Policygenius to compare car insurance policies and save.

Frequently asked questions

Will a speeding ticket affect my rates in Kentucky?

Having a speeding ticket on your record will make your premium go up in Lexington. GEICO, State Farm, Auto-Owners Insurance, USAA, and Westfield Insurance all raise their rates for drivers with speeding violations.

What does it mean that Kentucky is a “choice no-fault state”?

Kentucky is considered to be a no-fault state, meaning drivers in a car accident are all responsible for their own medical costs. However, you have the choice in Kentucky to reject the no-fault coverage, in which case you would have to cover those bills out of pocket or rely on health insurance.

How much is car insurance per month in Kentucky?

The average annual insurance rate in Kentucky is $2,158, which breaks down to $179.83 per month. The average monthly premium in Lexington is $139.83, which is $40 cheaper than the state average.

Which company has the best insurance in Lexington?

While GEICO has some of the cheapest average rates in the city, the best insurance policy for you has the right amount of coverage at a price you can afford.

Methodology

Policygenius has analyzed car insurance rates provided by Quadrant Information Services for every ZIP code in all 50 states plus Washington, D.C. For full coverage policies, the following coverage limits were used:

  • Bodily injury liability: 50/100

  • Property damage liability: $50,000

  • Uninsured/underinsured motorist: 50/100

  • Comprehensive: $500 deductible

  • Collision: $500 deductible

In some cases, additional coverages were added where required by state or insurer.

Rates for overall average rate, rates by ZIP code, and cheapest companies determined using averages for single drivers ages 30, 35, and 45. Our sample vehicle was a 2017 Toyota Camry LE driven 10,000 miles/year.

Rates for driving violations and “Poor” credit determined using average rates for a single male 30-year-old driver with a credit score under 578.

Some carriers may be represented by affiliates or subsidiaries. Rates provided are a sample of costs. Your actual quotes may differ.