Cheap Car Insurance in Louisville Ky

The largest city in the State of Kentucky is Louisville. Louisville also called home by more than 550,000 Kentuckians. The city also is home to numerous world-renowned institutions such as Kentucky Fried Chicken, Kentucky Derby, and the baseball bat company Louisville Slugger. With our analysis about the car insurance premiums in Louisville, we want to show people how this rate can vary within the city and not only in the State or national level.

The cost of car insurance in Select Neighborhoods of Louisville

2014 study on car insurance rates in Louisville saw 10 environment within the city limits to help our readers determine which part of The ' Ville that ends up being the most expensive (and cheapest) when having to buy insurance for your car. In alphabetical order, the names of the environment we enter in this research are: Beechmont, Downtown Louisville, Middletown, Jeffersontown, Newburg, Okolona, Pleasure Ridge Park, Shively, St. Matthews, and Valley Station.

The most expensive

Downtown Louisville

The business centre of the city, the city centre is the most expensive place L'ville in the city to buy insurance for your motor vehicle. This is not a big surprise because the downtown area of the city to the city tend to be the most dense population, and therefore, inevitably there will be more accidents and incidents reported to the car insurance company. Average insurance rates in the city an average of nearly $1,500 per year are 40% higher than the Louisville more affordable.

Beechmont

Sit on the West side of Louisville International Airport and is bounded by I-264 to the North, Beechmont is home to about 8,500 inhabitants and is the most expensive of the 2nd environment for car insurance in the area of Louisville. Those who live in the area can expect to pay an annual average of $1,370 for the basic coverage or $114 each month.

The Most Expensive Area

Middletown

Bounded by I-64 to the South, the suburb of Middletown is located 20 minutes east of downtown Louisville. And good news for 7200 + residents of Middletown: they have the cheapest car insurance rate in any area in Louisville! Rates are average annual $1.125, higher 25% cheaper than living in the city centre.

St. Matthews

If you from KY and likes to shop then the St. Matthews might be your place! Home to the largest mall in the 2nd and 5th in the State, St. Matthews is located 7 miles east of the city centre and has a relatively affordable insurance compared to other neighborhoods in The ' Ville. Annual premiums of around $1.127 that generates $93 each month.

Best car Insurance rates in Louisville

Because there is a significant price variations from different auto insurance company, it is always important to do your research in advance and get quotes from multiple top-tier companies. In Louisville, Kentucky Farm Bureau and GEICO ($562 and $775) are likely to have the cheapest rates of the surrounding environment, while owners of Automated and automatic Automatic ($1.840 and $2.112) have the priciest insurance policy. Here's how they all stack up:

The most expensive insurer in Louisville

Secure Auto-at a price of $2.112 per year, the cost of purchase of car insurance Safe Auto in Louisville almost 4 x as expensive as the rate that we saw from KY Farm Bureau. This is true not only across the city as a whole but also in every environment.

Cheapest car insurance company in Louisville

KY Farm Bureau-insurance premiums for Kentucky Farm Bureau is easily the most affordable that we see in our research. Like the Safe Auto in high end, levels of car insurance from the insurance company this is the cheapest town and also in each region. Drivers who want to go along KY Farm Bureau will be happy to know that their rates 50% lower than the average in Louisville.

Auto-Theft statistics in Kentucky

Among the 6 largest cities in KY, Louisville has the largest car theft to-2 per 100,000 inhabitants. In absolute terms, this car has a car theft in most any city (2,173) but that was largely due to the size of Louisville and the fact that the city is the largest city in the Bluegrass State.

The Methodology Of The Study

Car insurance premium is assumed to be the driver of the 30-year-old man who operates a Toyota Camry 2010. This car was mainly used for commuter purposes. Insurance coverage is slightly above the State minimum but far from lavish insurance packages. Our hypothetical driver log is between 10,000-15,000 miles each year and no accidents or violations of note in the last 5 years. Our car insurance company survey are: Allstate Auto insurance, the owner of Cincinnati, Electric, GEICO, Grange Mutual, Kentucky Farm Bureau, Liberty Mutual, MetLife, Nationwide, Safe Auto, State Auto, State Farm, and USAA.

The cost of car insurance surveyed in Louisville only for the purpose of illustration and citation actually will vary based on physical residence, driving history, and many other factors.