Cheapest Car Insurance Companies in Louisville, Kentucky (2022)

Kentucky Farm Bureau is the cheapest car insurance company in Louisville at $191 a month for full coverage. Compare quotes to get your best rate.

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Key Takeaways

  • Kentucky Farm Bureau has the cheapest car insurance rates in Louisville for most drivers, including those with speeding tickets or accidents.
  • Allstate is the cheapest car insurance company for Louisville drivers with a DUI on their record. Progressive is the cheapest for young drivers.
  • Car insurance rates in Louisville are higher than the state averages for minimum coverage ($171 a month vs. $151) and full coverage ($319 a month vs. $286).

In this article

The cheapest car insurance companies in Louisville, KY

Here are the cheapest car insurance companies for drivers in Louisville, according to our survey of the city’s top providers.

  • Kentucky Farm Bureau: cheapest overall
  • Allstate: cheapest with a DUI
  • Progressive: cheapest for young drivers
  • USAA: cheapest for members of the military

Louisville drivers looking for cheap car insurance can often save the most money possible with Kentucky Farm Bureau. In many of the categories we considered, Kentucky Farm Bureau and USAA offer the most competitive rates.

USAA is often the most affordable car insurance option for Louisville drivers. Yet the coverage is only available to those who have served in the military and their qualifying family members, such as children and spouses. We have included USAA rates for those who qualify.

To find the cheapest rates for the coverage you need, compare auto insurance quotes from several companies.

Louisville car insurance minimums

Kentucky requires drivers in Louisville and elsewhere in the state to carry 25/50/25 auto insurance coverage. This means all policies must include at least:

  • $25,000 of bodily injury liability coverage per person
  • $50,000 of bodily injury liability coverage per accident
  • $25,000 of property damage liability coverage

Failure to carry car insurance may result in fines, vehicle registration revoked and/or jail time.

It’s important to note that liability-only coverage may not be enough in the event of an accident. Minimum coverage protects the other driver in a collision, but can leave you financially responsible for large medical bills, mounting legal fees, extensive damages and/or expensive repairs.

To protect yourself, QuoteWizard recommends 100/300/100 auto insurance coverage. This means your policy should include:

  • Bodily injury liability per person: $100,000
  • Bodily injury liability per accident: $300,000
  • Property damage: $100,000

Compare car insurance quotes from top companies in Louisville

Cheapest minimum-coverage auto insurance rates in Louisville: Kentucky Farm Bureau

Louisville drivers looking for state-minimum car insurance coverage should consider Kentucky Farm Bureau for big savings. Kentucky Farm Bureau offers the city’s most affordable rates of $107 per month for this amount of coverage and saves drivers $64 compared to the city average.

USAA offers eligible drivers the biggest savings at $84 per month, but is not available to everyone.

In Louisville, the average cost for minimum-coverage car insurance is $171 per month.

Insurance company Monthly rate
Kentucky Farm Bureau $107
Allstate $118
Progressive $176
GEICO $191
Nationwide $211
State Farm $313
USAA $84
Rates are for minimum-coverage car insurance for a 35-year-old male with a good driving record.

Cheapest full-coverage auto insurance rates in Louisville: Kentucky Farm Bureau

Drivers in Louisville who want cheap full-coverage car insurance can find it with Kentucky Farm Bureau, which charges just $191 per month. This rate saves drivers $128 per month compared to the city average.

The average cost for full-coverage car insurance in Louisville is $319 per month.

Insurance company Monthly rate
Kentucky Farm Bureau $191
Allstate $227
Progressive $249
Nationwide $351
GEICO $352
State Farm $695
USAA $167
Rates are for full-coverage car insurance for a 35-year-old male with a good driving record.

Full-coverage car insurance satisfies Kentucky’s state-minimum coverage requirements. It also provides policy holders with both collision and comprehensive insurance protections. While state law does not require full-coverage auto insurance, it is a wonderful idea if your car is new and/or expensive, and is often something lenders or lessors require as well.

Cheapest car insurance for drivers with a prior incident

Kentucky Farm Bureau is the cheapest car insurance company in Louisville for drivers with a speeding ticket or accident on their records. Allstate is the cheapest company for drivers with a DUI.

Cheapest for drivers with a speeding ticket: Kentucky Farm Bureau

Louisville drivers with one speeding ticket on their driving record can find the cheapest full-coverage insurance with Kentucky Farm Bureau. It charges an average rate of $191 per month for these drivers. This low premium saves drivers $213 per month compared to the city average of $404.

Insurance company Monthly rate
Kentucky Farm Bureau $191
USAA $217
Allstate $272
Progressive $346
Rates are for full-coverage car insurance for a 35-year-old male with one speeding ticket on his driving record.

Cheapest for drivers with an at-fault accident: Kentucky Farm Bureau

Drivers with one accident on their driving record who are looking for full-coverage insurance can find the cheapest rates with Kentucky Farm Bureau at $191 per month. Compared to the city average of $447 per month, drivers can save $256 per month with Kentucky Farm Bureau.

Insurance company Monthly rate
Kentucky Farm Bureau $191
USAA $267
Allstate $390
Progressive $427
Rates are for full-coverage car insurance for a 35-year-old male with one at-fault accident on his driving record.

Cheapest for drivers with a DUI: Allstate

Getting a DUI can be extremely expensive — both from a financial and a personal perspective. Most Louisville drivers looking for cheap car insurance with a DUI on their driving record can find the best rates with Allstate, which charges $308 per month for a full-coverage policy. This is quite a savings compared to the city average for such drivers, which is $529 per month.

Insurance company Monthly rate
Allstate $308
Progressive $366
Kentucky Farm Bureau $451
USAA $283
Rates are for full-coverage car insurance for a 35-year-old male with one DUI on his driving record.

Get cheap car insurance in Louisville, Kentucky

Cheapest car insurance for senior drivers: Kentucky Farm Bureau

Louisville seniors can find cheap auto insurance with Kentucky Farm Bureau and USAA. Both companies offer big savings and similar rates. Kentucky Farm Bureau offers the city’s senior drivers full-coverage insurance for $157 per month. That is a savings of $140 compared to the city average of $297. USAA offers a similar rate of $153 per month for eligible seniors looking for full-coverage auto insurance.

Insurance company Monthly rate
Kentucky Farm Bureau $157
Allstate $229
Progressive $275
USAA $153
Rates are for full-coverage car insurance for a 60-year-old male with a clean driving record.

Cheapest car insurance for young drivers: Progressive

Louisville’s teen drivers can get the cheapest car insurance with Progressive. Progressive offers teen drivers full-coverage policies at an average of $419 per month. On average, Louisville teen drivers pay almost double Progressive’s rates at an average of $926 per month.

Insurance company Monthly rate
Progressive $419
Kentucky Farm Bureau $511
Allstate $756
USAA $319
Rates are for full-coverage car insurance for an 18-year-old male with a clean driving record.

Frequently asked questions

Who has the cheapest car insurance in Louisville?

Kentucky Farm Bureau has the cheapest car insurance in Louisville, charging $107 a month for minimum coverage and $191 a month for full coverage, on average.

Kentucky Farm Bureau has the cheapest car insurance for Louisville drivers with a speeding ticket or at-fault accident on their records, too. It’s also the cheapest for senior drivers.

Allstate and Progressive have the cheapest car insurance rates in Louisville for drivers with a DUI and senior drivers, respectively.

What is the average cost of car insurance in Louisville, Kentucky?

On average, Louisville drivers pay $171 a month for minimum-coverage car insurance and $319 per month for full coverage. Both of these amounts are far above the national averages for minimum- and full-coverage car insurance.

AVERAGE CAR INSURANCE COST IN LOUISVILLE VS U.S. AVERAGE
Coverage amount Louisville average (monthly) U.S. average (monthly)
Minimum coverage $171 $87
Full coverage $319 $176
Rates are for a 35-year-old male with a good driving record.

Methodology

We obtained non-binding quotes from Quadrant Information Services for a typical driver in every Louisville ZIP code to find the cheapest car insurance companies and rates. Unless otherwise noted, the driver is a 35-year-old male with a clean driving record. He owns a 2012 Honda Accord LX and drives an average 13,500 miles a year.

The teen driver in this article is 18 years old but otherwise fits the same profile as the 35-year-old driver above. The same is true of our senior driver, who is 60.

Minimum-coverage car insurance rates highlighted on this page are based on a policy that meets Kentucky’s minimum liability requirements. Full-coverage rates are based on a policy with the following limits and deductibles:

  • $100,000 bodily injury liability coverage per person
  • $300,000 bodily injury liability coverage per accident
  • $100,000 property damage liability coverage
  • $500 deductibles for both collision and comprehensive coverage

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