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Get Cheap Car Insurance in Indian Hills-Stonewall Estates-Monticello, Lexington, KY

We monitor insurance prices, helping the average driver in Indian Hills-Stonewall Estates-Monticello save up to 29.1% on car insurance.

 

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The Cheapest Minimum Coverage in Indian Hills-Stonewall Estates-Monticello

The chart below shows the cheapest car insurance company in Indian Hills-Stonewall Estates-Monticello 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.

 
Indian Hills-Stonewall Estates-Monticello Insurer Monthly Cost
Farm Bureau $58
State Farm $58
Travelers $85
Geico $92

Savings for Every Kind of Indian Hills-Stonewall Estates-Monticello Driver

The table shows how much the average auto insurance customer in Indian Hills-Stonewall Estates-Monticello might save by following our recommendations.

Based on our extensive insurance data, we know the average Indian Hills-Stonewall Estates-Monticello 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 $518 per year by choosing the right vehicle insurance company. Some Indian Hills-Stonewall Estates-Monticello residents are paying out over $2,049 extra every year for auto insurance in Indian Hills-Stonewall Estates-Monticello. That cost may be even higher if you haven’t requested a new quote as your life situation changed.

Situation
Indian Hills-Stonewall Estates-Monticello, Lexington, KY Savings / Yr.
Drivers with good records
$518
Drivers with accidents
$849
Drivers with speeding tickets
$835
Drivers with a DUI conviction
$845
Young drivers
$1,673
Married drivers
$560
Drivers with bad credit
$897

Indian Hills-Stonewall Estates-Monticello Car Insurance vs. Lexington

People living in Indian Hills-Stonewall Estates-Monticello pay an average of 3.99% less than the typical driver in the state. The average driver in Indian Hills-Stonewall Estates-Monticello can expect to pay about $1,055 per year, or $2,049 for full coverage.

Based on our analysis, Farm Bureau will be the cheapest provider in Indian Hills-Stonewall Estates-Monticello for most people.

Car Insurance Prices by Indian Hills-Stonewall Estates-Monticello Neighborhood

Indian Hills-Stonewall Estates-Monticello, Lexington, KY map of insurance costs by zip code and neighborhood

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Where is insurance cheapest within Indian Hills-Stonewall Estates-Monticello?

The map shows insurance prices in and around Indian Hills-Stonewall Estates-Monticello, with more expensive areas in red and places with cheaper car insurance in green. Insurance can vary by as much as $157 per year within the neighborhood boundaries, with insurance premiums ranging from a high of $2,161 to a low of $2,004. Insurance prices tend to be higher for those living in the Southwest area, and lower for those with homes in the East parts of Indian Hills-Stonewall Estates-Monticello.

Pick the Best Car Insurance Company for You in Indian Hills-Stonewall Estates-Monticello

We have analyzed insurance costs for auto insurance customers based on the major variables that impact pricing. The results of our analysis are below, including US dollar savings. What about when you meet one or more of the criteria? For example, if you have both a DUI and a speeding ticket? Simply start with the Indian Hills-Stonewall Estates-Monticello insurance provider for whom we have posted the highest savings dollar figure.

The best car insurance provider for most drivers in Indian Hills-Stonewall Estates-Monticello

For drivers with clean driving records and no major strikes, Farm Bureau is the best option, with annual savings of $518 over the average Indian Hills-Stonewall Estates-Monticello car insurance company.

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We use the average good driver, paying $128 per month, as our baseline for pricing in Indian Hills-Stonewall Estates-Monticello. State Farm, Farm Bureau, and Westfield are all good choices for quotes if you have a clean record. See also the best providers for married people if you are married, and look for repeated company names.

The best car insurance provider for Indian Hills-Stonewall Estates-Monticello drivers with accidents on their records

In Indian Hills-Stonewall Estates-Monticello getting into an accident will raise premiums an average 30% for a yearly cost of $2,941. That's $892 per year more than a driver with no at-fault crashes on their driving record might pay. To avoid paying out more than you need to, State Farm, Travelers, and Farm Bureau are good choices for drivers with accidents.

In our analysis, Farm Bureau saved the average person who had been in an accident the most, with annual savings averaging $849 over the competition.

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The best car insurance company for Indian Hills-Stonewall Estates-Monticello drivers with speeding tickets

>Farm Bureau gave the average person with a speeding ticket the most savings, averaging $835 better than other car insurance companies.

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Depending on the insurance company, a speeding ticket can actually raise insurance premiums more than getting in an accident. In Indian Hills-Stonewall Estates-Monticello, tickets raise premiums on new quotes about $586. If you have a speeding ticket, we recommend State Farm, Geico, and Farm Bureau for savings that beat the average insurance cost of $2,635 per year.

The best auto insurance for Indian Hills-Stonewall Estates-Monticello drivers with a DUI conviction

Getting a DUI can increase the cost of insurance dramatically. The average person with a DUI paid $3,320 per year in auto insurance premiums, which was $1,271 more than a driver with no major issues. State Farm, Progressive, and Farm Bureau penalized their customers the least for a DUI.

Getting a quote from State Farm may cost the average person with a DUI about $845 less each year.

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The least expensive car insurance company for new and young drivers in Indian Hills-Stonewall Estates-Monticello

In Indian Hills-Stonewall Estates-Monticello, State Farm costs young drivers $1,673 less each year versus the average auto insurance bill.

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Teen drivers account for more than their share of accidents, and thus end up paying about 67% more for insurance than more mature drivers in Indian Hills-Stonewall Estates-Monticello. With an average cost of $6,221 per year (for young drivers who aren't on a parent's plan), car insurance for inexperienced drivers can’t ever be called "cheap." A few companies like State Farm, Farm Bureau, and Auto-Owners Insurance try to attract these younger drivers with lower prices in the hopes that they will stay with the company.

The best marriage discounts for vehicle insurance in Indian Hills-Stonewall Estates-Monticello

Not everything is an excuse for the auto insurance companies to charge you more. Getting married provides an average discount of $124. State Farm, Geico, and Farm Bureau provided the largest discounts to couples living in Indian Hills-Stonewall Estates-Monticello.

State Farm gave the largest car insurance discounts to married couples, averaging $560 saved each year compared to an average Indian Hills-Stonewall Estates-Monticello couple's premiums.

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The cheapest car insurance in Indian Hills-Stonewall Estates-Monticello for drivers with bad credit

People with poor credit saved an average of $897 with Geico.

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Many people are surprised that their poor credit score can cost them an average of $1,594 every year. Premiums for people with poor credit were about $3,643 in Indian Hills-Stonewall Estates-Monticello. However, some insurance companies do not take credit score into account. If you have a credit score below 575, get quotes from State Farm, Geico, and Safe Auto.

The best Indian Hills-Stonewall Estates-Monticello car insurance company for customer service

Many car insurance companies over the years have struggled with customer service. In Indian Hills-Stonewall Estates-Monticello, the National Association of Insurance Commissioners (NAIC) ranks Nationwide as the best. Another valuable metric: JD Power ranks Farm Bureau as the best provider in Indian Hills-Stonewall Estates-Monticello.

Nationwide was the best company for customer service in Indian Hills-Stonewall Estates-Monticello according to the NAIC.

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Recent price drops

Due to improvements in our tracking and methodology, we are unable to show price change data for the most recent year. This data will return next year (2023).

In 2020, at the peak of the global pandemic, {{top1_2020pricedrop_company}} changed their average price {{top1_2020pricedrop_company_percentage}}% in Indian Hills-Stonewall Estates-Monticello, which was better than other insurers.

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During the Covid-19 pandemic a few insurance companies realized people were driving less and struggling overall. They proactively lowered their rates for many customers in Indian Hills-Stonewall Estates-Monticello. We think helping communities in a time of need deserves special attention. Many insurance companies have advertisements telling us how much they care: we prefer to look at their actions.

The cheapest large national provider in Indian Hills-Stonewall Estates-Monticello

Many customers have informed us that they prefer to work with large national brands. Maybe they're one of the 21% of Indian Hills-Stonewall Estates-Monticello residents who are renting, and don't plan to be in the neighborhood or city for very long. Or maybe national recognition and funds make people feel more secure with a large provider. Regardless, State Farm tends to have the lowest prices for most drivers.

For customers who prefer to work with large national providers, we recommend State Farm for pricing. The average Indian Hills-Stonewall Estates-Monticello driver can expect to pay about $144 per month.

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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 Indian Hills-Stonewall Estates-Monticello, 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.
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Auto Insurance Prices in and Around Indian Hills-Stonewall Estates-Monticello

What Influences the Cost of Car Insurance in Indian Hills-Stonewall Estates-Monticello?

On average, car insurance in Indian Hills-Stonewall Estates-Monticello is actually less expensive than the rest of the state. These low 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:

  • The average commute time in Indian Hills-Stonewall Estates-Monticello is 25 minutes, which is about the national average for a driver in the city.
  • Kentucky state insurance regulations may require higher prices.
  • An average of 5 to 6 weeks with snow on the ground, which impacts accident rates.
  • Marriage rates in Indian Hills-Stonewall Estates-Monticello are among the highest in the state, and marriage often results in car insurance discounts.
  • Vehicle theft rates in the area are very low, with a Vehicle Theft Crime Grade of B according to CrimeGrade.org.
  • Indian Hills-Stonewall Estates-Monticello is one of the most densely populated areas 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 Indian Hills-Stonewall Estates-Monticello is $88 per month for minimum coverage and $171 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

Neighborhoods with Similar Populations

* Who is the average Indian Hills-Stonewall Estates-Monticello driver? Based on national demographic data provided by BestNeighborhood, we took a single unmarried man living in central Indian Hills-Stonewall Estates-Monticello with good (but not perfect) credit driving a used midsized sedan. Data sources: proprietary data collection and analysis, unique to CoverageWatch.org All content copyright CoverageWatch.org. Journalists and other websites are free to cite any data with attribution.