Lexington, KY Auto Insurance Rates, Quotes, Agents & Reviews
Zimlon, through its research, found that car owners in Lexington, KY, can avail multiple discounts on car insurance by taking various factors into consideration. These factors are explored in detail by Zimlon in the analysis below.
Factors that can influence the cost of car insurance in Lexington, KY are listed below. It is imperative to understand these factors in order to reduce the cost of car insurance. It is also essential to strike a balance between the cost of insurance and the coverage requirements.
- Lexington, KY Auto Insurance Rates
- Lexington, KY Auto Insurance for Different Deductible
- How the Age of Driver Affects Insurance Rates in Lexington, KY
- Multi Vehicle Insurance Savings in Lexington, KY
- How Credit Score Affects Car Insurance Rates in Lexington, KY
- How DUI Affects Auto Insurance Premiums in Lexington, KY
- How Driving Violations Affect Auto Insurance Rates in Lexington, KY
- Lexington, KY Auto Insurance Discounts on Anti Theft Feature
- Lexington, KY Auto Insurance Company Reviews
Lexington, KY Auto Insurance Rate Comparisons with Neighboring Locations | Back to Top
The following table compares the cost of insurance in Lexington, KY with that of other cities in and around Lexington.
| Lexington | Lexington-Fayette Southwest | Lexington-Fayette Northwest | Keene | Fayette County | Lexington-Fayette urban county | |
|---|---|---|---|---|---|---|
| Average Insurance Rates | $2,014 | $2,081 | $1,968 | $2,411 | $1,166 | $2,021 |
Lexington, KY Auto Insurance Rates vary Based on Deductibles in Neighboring Cities | Back to Top
The following table makes a comparison of the variation in car insurance rates in and around Lexington, KY based on the change in deductibles. A higher deductible leads to a decrease in the cost of car insurance.
| Location | Low Deductible ($500) | High Deductible ($1000) |
|---|---|---|
| Lexington-Fayette Central | $1,363 | $1,151 |
| Fayette County | $2,082 | $1,758 |
| Lexington-Fayette urban county | $1,331 | $1,124 |
| Lexington-Fayette Southwest | $1,761 | $1,488 |
| Lexington-Fayette Northeast | $1,139 | $962 |
| Lexington-Fayette Southeast | $1,138 | $961 |
| Lexington-Fayette Northwest | $1,518 | $1,282 |
| Keene | $1,418 | $1,198 |
Lexington, KY Auto Insurance Rates Based on the Age of the Driver | Back to Top
Teenagers in Lexington, KY usually pay a much higher car insurance rate compared to the rest of the state as they are generally considered to be less responsible behind the wheel. Middle-aged drivers are likely to pay lower car insurance premiums if they are considered to be safer drivers by insurance companies.
| Age of Driver | Insurance Cost |
|---|---|
| Teens | $6,535 |
| 20 Years | $2,588 |
| 30 Years | $1,993 |
| 40 Years | $1,918 |
| 50 Years | $1,776 |
| 60 Years | $1,801 |
| 70 Years | $2,096 |
Lexington, KY Car Insurance Discounts for Multi-Car Insurance | Back to Top
Car owners in Lexington, KY can obtain discounts if they insure multiple vehicles with the same insurer. The average savings one can obtain are as follows:
| Number of Cars | Auto Insurance Cost | Total Savings |
|---|---|---|
| 2 Vehicles | $3,464 | $564 |
| 3 Vehicles | $5,196 | $846 |
| 4 Vehicles | $6,928 | $1,128 |
Savings on 2 Vehicles bundle:$564
Savings on 3 Vehicles bundle:$846
Savings on 4 Vehicles bundle:$1,128
Lexington, KY Post- DUI Auto Insurance Rates | Back to Top
Driving Under Influence (DUI) can be an added burden on your wallet. The cost of auto insurance will go up post-DUI. The below graph does a comparison of auto insurance rates before and after DUI in and around Lexington, KY.
| Location | Average Insurance Cost | Post DUI Insurance Rate |
|---|---|---|
| Lexington-Fayette Central | $2,014 | $3,353 |
| Fayette County | $1,166 | $1,941 |
| Lexington-Fayette urban county | $2,021 | $3,365 |
| Lexington-Fayette Southwest | $2,081 | $3,465 |
| Lexington-Fayette Northeast | $2,055 | $3,422 |
| Lexington-Fayette Southeast | $2,001 | $3,332 |
| Lexington-Fayette Northwest | $1,968 | $3,277 |
| Keene | $2,411 | $4,014 |
Lexington, KY Auto Insurance Rates Based on Credit Score | Back to Top
Car insurance companies can use the Credit Score of car drivers to determine car insurance rates. Car drivers with good credit can avail of substantial discounts on car insurance rates.
| Credit Score | Insurance Cost |
|---|---|
| Exceptional (800-850) | $1,728 |
| Excellent (740-799) | $1,972 |
| Good (670-739) | $2,099 |
| Average (580-669) | $2,738 |
| Poor (300-579) | $3,285 |
Lexington, KY Auto Insurance Rates can Increase Based on Driving Violations | Back to Top
Auto insurance rates tend to increase depending on the type and number of driving violations. The driving violations can stay on the record for a considerable amount of time leading to higher auto insurance rates. The severity of the driving violation and place of residence will determine how long the violation stays on record.
| Driving Violation | Cost Increase | Total Insurance Cost |
|---|---|---|
| Driving Without Headlights | +$89 | $2,103 |
| Driver's Failure In Showing Documents | +$195 | $2,209 |
| Driving With An Expired Registration | +$207 | $2,221 |
| Driving At A Considerably Slow Pace | +$437 | $2,451 |
| Using A Cellphone While Driving | +$461 | $2,475 |
| Running A Red Light | +$469 | $2,483 |
| Speeding | +$493 | $2,507 |
| Driving A Vehicle Without The Required Permission | +$626 | $2,640 |
| Driving With An Expired/Suspended License | +$1,357 | $3,371 |
Lexington, KY Auto Insurance Rates Based on Anti-Theft Feature | Back to Top
Cars that are equipped with safety devices are less prone to thefts. As a result, auto insurance companies provide a considerable amount of discounts to vigilant car owners. The discounts vary depending on the type and number of safety devices installed.
| Anti Theft Feature | Insurance Cost |
|---|---|
| Audible Alarm | $1,933 |
| Active Disabling Device | $1,933 |
| Tracking Device | $1,893 |
| Passive Disabling Device | $1,873 |
Latest Auto Insurance Reviews in Lexington, KY | Back to Top
Kentucky Farm BureauI found the best rates with Kentucky Farm Bureau. Everywhere that I got a quote from was really expensive. I was shocked when I got my quote.
Kentucky Farm BureauI like that they have really good agents. There office is located in my home town. They don't over charge people.
TravelersMy policy is really good. I have the maximum coverage. I truly feel that Travellers was the lowest price option for the coverage I wanted. Especially on renewal.
AllstateThe customer service at allstate is really incredible. Just this summer I totaled my car and they were so helpful and informative about the whole process, and happy to explain anything!
EsuranceI really appreciate how hassle free it was to sign up for esurance and how easy and convenient it is to keep insured. Additionally, their customer service is top-notch.
AllstateI have had Allstate for almost 30 years, and one thing I have to say is that they pay claims quickly. They are probably a bit more expensive than some other discount insurers, but I have never had my rates go up because of an accident. And during the years I have had them, I have had my share of fender benders and bigger accidents. I know other companies will raise your rates or drop you if you have an accident.
TravelersI feel this is an excellent company overall. I feel that I am getting excellent value from the company.