Coverage Watch does not have a financial relationship with any car insurance companies and quote providers. Everything displayed on the site is completely free from bias and based on legitimate data.
Get Cheap Car Insurance in Olive Hill, KY
We monitor insurance prices, helping the average driver in Olive Hill save up to 29.1% on car insurance.
The Cheapest Minimum Coverage in Olive Hill
The chart below shows the cheapest car insurance company in Olive Hill 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.
| Olive Hill Insurer | Monthly Cost |
|---|---|
| Farm Bureau | $64 |
| State Farm | $64 |
| Travelers | $94 |
| Geico | $101 |
Savings for Every Kind of Olive Hill Driver
Based on our extensive insurance data, we know the average Olive Hill 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 $570 per year by choosing the right vehicle insurance company. Some Olive Hill residents are paying out over $2,255 extra every year for auto insurance in Olive Hill. That cost may be even higher if you haven’t requested a new quote as your life situation changed.
Situation |
Olive Hill, KY Savings / Yr. |
|---|---|
$570 |
|
$934 |
|
$919 |
|
$930 |
|
$1,841 |
|
$616 |
|
$987 |
Olive Hill Car Insurance vs. Kentucky
People living in Olive Hill pay an average of 5.69% more than the typical driver in the state. The average driver in Olive Hill can expect to pay about $1,162 per year, or $2,255 for full coverage.
Based on our analysis, Farm Bureau will be the cheapest provider in Olive Hill for most people.
Car Insurance Prices by Olive Hill Neighborhood
Insurance Prices
Where is insurance cheapest within Olive Hill?
The map shows insurance prices in and around Olive Hill, with more expensive areas in red and places with cheaper car insurance in green. Insurance can vary by as much as $249 per year within the city boundaries, with insurance premiums ranging from a high of $2,354 to a low of $2,105. Insurance prices tend to be higher for those living in the Southeast area, and lower for those with homes in the West parts of Olive Hill.Pick the Best Car Insurance Company for You in Olive Hill
The best car insurance provider for most drivers in Olive Hill
For drivers with clean driving records and no major strikes, Farm Bureau is the best option, with annual savings of $570 over the average Olive Hill car insurance company.
The best car insurance provider for Olive Hill 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 $934 over the competition.
The best car insurance company for Olive Hill drivers with speeding tickets
>Farm Bureau gave the average person with a speeding ticket the most savings, averaging $919 better than other car insurance companies.
The best auto insurance for Olive Hill drivers with a DUI conviction
Getting a quote from State Farm may cost the average person with a DUI about $930 less each year.
The least expensive car insurance company for new and young drivers in Olive Hill
In Olive Hill, State Farm costs young drivers $1,841 less each year versus the average auto insurance bill.
The best marriage discounts for vehicle insurance in Olive Hill
State Farm gave the largest car insurance discounts to married couples, averaging $616 saved each year compared to an average Olive Hill couple's premiums.
The cheapest car insurance in Olive Hill for drivers with bad credit
The best Olive Hill car insurance company for customer service
Nationwide was the best company for customer service in Olive Hill according to the NAIC.
Recent price drops
In 2020, at the peak of the global pandemic, {{top1_2020pricedrop_company}} changed their average price {{top1_2020pricedrop_company_percentage}}% in Olive Hill, which was better than other insurers.
The cheapest large national provider in Olive Hill
For customers who prefer to work with large national providers, we recommend State Farm for pricing. The average Olive Hill 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 Olive Hill, 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 Olive Hill
What Influences the Cost of Car Insurance in Olive Hill?
On average, car insurance in Olive Hill 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 city are influenced by the following factors:
- The average commute time in Olive Hill is 43 minutes, which is far more than average for a driver in the state.
- Kentucky state insurance regulations may require higher prices.
- An average of 0 weeks with snow on the ground, which impacts accident rates.
- Marriage rates in Olive Hill are about 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 D according to CrimeGrade.org.
- Olive Hill is one of the most densely populated areas in the state. The city’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 Olive Hill is $97 per month for minimum coverage and $188 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 Cities
- Smoky Valley: Insurance costs 1.15% less
- Prater: Insurance costs the same
- Counts Crossroads: Insurance costs 0.04% more
- Gimlet: Insurance costs 0.04% less
- Emerson: Insurance costs 6.65% less
- Wolf: Insurance costs 1.11% less
- Brinegar: Insurance costs 2.62% more
- Stark: Insurance costs 0.98% less
- Grahn: Insurance costs 1.46% more
- Fitch: Insurance costs 2.04% less
Cities with Similar Populations
- Red Springs: Insurance costs 39.47% less
- Palos Park: Insurance costs 29.31% less
- Pine Hill: Insurance costs 17.43% less
- Pinehurst: Insurance costs 24.88% less
- Portland: Insurance costs 48.69% less
- Portland: Insurance costs 19.29% more
- Prairie Grove: Insurance costs 26.61% less
- Proctorville: Insurance costs 50.82% less
- Prospect: Insurance costs 12.99% less
- Pryor: Insurance costs 25.06% less