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Get Cheap Car Insurance in Downtown Lexington, Lexington, KY
We monitor insurance prices, helping the average driver in Downtown Lexington save up to 29.1% on car insurance.
The Cheapest Minimum Coverage in Downtown Lexington
The chart below shows the cheapest car insurance company in Downtown Lexington for a driver with a good record seeking minimum coverage on a mid-grade used vehicle. Values are estimated, and premiums may be lower or higher, but should be in an accurate order for a good driver. In general, drivers with good records will get the best prices through Farm Bureau, followed by State Farm, Travelers, and Geico.
| Downtown Lexington Insurer | Monthly Cost |
|---|---|
| Farm Bureau | $62 |
| State Farm | $63 |
| Travelers | $92 |
| Geico | $99 |
Savings for Every Kind of Downtown Lexington Driver
Based on our extensive insurance data, we know the average Downtown Lexington driver will save about 25% on car insurance. This isn’t marketing: this is unbiased data with no financial influence. The best auto insurance company depends on factors such as your driving record, home location, credit score, marital status, and age. The average driver will find themselves saving $555 per year by choosing the right vehicle insurance company. Some Downtown Lexington residents are paying out over $2,197 extra every year for auto insurance in Downtown Lexington. That cost may be even higher if you haven’t requested a new quote as your life situation changed.
Situation |
Downtown Lexington, Lexington, KY Savings / Yr. |
|---|---|
$555 |
|
$910 |
|
$896 |
|
$906 |
|
$1,793 |
|
$600 |
|
$961 |
Downtown Lexington Car Insurance vs. Lexington
People living in Downtown Lexington pay an average of 2.94% more than the typical driver in the state. The average driver in Downtown Lexington can expect to pay about $1,131 per year, or $2,197 for full coverage.
Based on our analysis, Farm Bureau will be the cheapest provider in Downtown Lexington for most people.
Car Insurance Prices by Downtown Lexington Neighborhood
Insurance Prices
Where is insurance cheapest within Downtown Lexington?
The map shows insurance prices in and around Downtown Lexington, with more expensive areas in red and places with cheaper car insurance in green. Insurance can vary by as much as $401 per year within the neighborhood boundaries, with insurance premiums ranging from a high of $2,446 to a low of $2,045. Insurance prices tend to be higher for those living in the Northwest area, and lower for those with homes in the Southeast parts of Downtown Lexington.Pick the Best Car Insurance Company for You in Downtown Lexington
The best car insurance provider for most drivers in Downtown Lexington
For drivers with clean driving records and no major strikes, Farm Bureau is the best option, with annual savings of $555 over the average Downtown Lexington car insurance company.
The best car insurance provider for Downtown Lexington drivers with accidents on their records
In our analysis, Farm Bureau saved the average person who had been in an accident the most, with annual savings averaging $910 over the competition.
The best car insurance company for Downtown Lexington drivers with speeding tickets
>Farm Bureau gave the average person with a speeding ticket the most savings, averaging $896 better than other car insurance companies.
The best auto insurance for Downtown Lexington drivers with a DUI conviction
Getting a quote from State Farm may cost the average person with a DUI about $906 less each year.
The least expensive car insurance company for new and young drivers in Downtown Lexington
In Downtown Lexington, State Farm costs young drivers $1,793 less each year versus the average auto insurance bill.
The best marriage discounts for vehicle insurance in Downtown Lexington
State Farm gave the largest car insurance discounts to married couples, averaging $600 saved each year compared to an average Downtown Lexington couple's premiums.
The cheapest car insurance in Downtown Lexington for drivers with bad credit
The best Downtown Lexington car insurance company for customer service
Nationwide was the best company for customer service in Downtown Lexington according to the NAIC.
Recent price drops
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The cheapest large national provider in Downtown Lexington
For customers who prefer to work with large national providers, we recommend State Farm for pricing. The average Downtown Lexington driver can expect to pay about $144 per month.
What About USAA?
JD power consistently ranks USAA as the top car insurance company in the United States. We don’t compare their rates because most people can’t sign up. USAA only allows active military members and their spouses and children to apply. In Downtown Lexington, USAA has the best prices for drivers with a DUI conviction, drivers with speeding tickets, married couples, drivers with bad credit, drivers with accidents, young drivers, and good drivers.Auto Insurance Prices in and Around Downtown Lexington
What Influences the Cost of Car Insurance in Downtown Lexington?
On average, car insurance in Downtown Lexington is more expensive than the rest of the state. These high prices are no mystery to us. Coverage Watch tracks car insurance costs and uses a complex AI that finds related variables, and has determined car insurance prices in the neighborhood are influenced by the following factors:
- Kentucky state insurance regulations may require higher prices.
- An average of 6 to 7 weeks with snow on the ground, which impacts accident rates.
- Marriage rates in Downtown Lexington are lower than average in the state, and marriage often results in car insurance discounts.
- Vehicle theft rates in the area are moderate, with a Vehicle Theft Crime Grade of C according to CrimeGrade.org.
- Downtown Lexington is a fairly densely populated area in the state. The neighborhood’s density could result in a price increase for drivers.
As a result of these and other factors, the average cost of car insurance in Downtown Lexington is $94 per month for minimum coverage and $183 per month for full coverage. Costs vary widely based on your situation, and will likely be lower if you have a clean driving record and follow our insurance company research to find the best car insurance company for you.
Car Insurance in Nearby Neighborhoods
- Duncan Park: Insurance costs 6.10% more
- Mount Vernon-Hollywood-Montclair: Insurance costs 4.05% less
- University of Kentucky: Insurance costs 3.91% less
- Virginia Ave: Insurance costs 4.64% less
- Fairway-Liberty Heights: Insurance costs 3.37% less
- Chevy Chase-Ashland Park: Insurance costs 4.28% less
- Castlewood Park: Insurance costs 2.41% more
- Cardinal Hill-Pine Meadow: Insurance costs 9.88% more
- Southland Deerfield Open Gates: Insurance costs 5.69% less
- Kenawood-Rockwood: Insurance costs 0.68% more
Neighborhoods with Similar Populations
- Bandini: Insurance costs 6.19% more
- Willowcreek: Insurance costs 5.78% less
- Waltherson: Insurance costs 8.28% more
- Tradition: Insurance costs 14.16% more
- Timmerman West: Insurance costs 41.15% less
- Southwest: Insurance costs 9.97% less
- Sandtown-Winchester: Insurance costs 10.88% more
- La Sierra Hills: Insurance costs 0.23% more
- Downtown Charlotte: Insurance costs 41.56% less
- Cazenovia Park: Insurance costs 6.19% more