One of the many factors that help determine the amount you pay each year for auto insurance is where you keep your car in Louisville. Areas with more people or even just a higher incidence of claims tend to have more expensive car insurance rates, whereas areas with lower vehicle theft rates and fewer weather claims have the enjoyment of a little cheaper coverage.
The following table shows the most costly cities in Kentucky for police officers to purchase car insurance in. Louisville shows up at #1 with a yearly premium of $2,154 for the average insured, which is approximately $180 monthly.
| Rank | City | Average Per Year |
|---|---|---|
| 1 | Louisville | $2,154 |
| 2 | Frankfort | $1,795 |
| 3 | Jeffersontown | $1,719 |
| 4 | Ashland | $1,707 |
| 5 | Saint Matthews | $1,694 |
| 6 | Paducah | $1,631 |
| 7 | Madisonville | $1,616 |
| 8 | Murray | $1,613 |
| 9 | Elizabethtown | $1,611 |
| 10 | Radcliff | $1,606 |
| 11 | Danville | $1,581 |
| 12 | Richmond | $1,535 |
| 13 | Lexington | $1,514 |
| 14 | Nicholasville | $1,504 |
| 15 | Winchester | $1,501 |
| 16 | Henderson | $1,495 |
| 17 | Hopkinsville | $1,493 |
| 18 | Georgetown | $1,491 |
| 19 | Covington | $1,487 |
| 20 | Independence | $1,480 |
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Premium amounts are estimated as zip code location can affect prices substantially.
Deciding which insurers offer the lowest-priced car insurance rates for police officers calls for a bit more work in order to find a policy that fits your budget. Each insurer has a proprietary formula to set policy rates, so we need to take a look at the most budget-friendly car insurance companies in Louisville.
It’s a good idea to know that Louisville, KY car insurance rates are based on many factors which can significantly increase or decrease the policy premium. Improving your credit rating, getting married, or getting a driving violation can trigger rate changes resulting in some rates now being cheaper than before.
Best Auto Insurance Prices for Law Enforcement
Cincinnati Insurance may offer some of the most affordable car insurance rates in Louisville at around $1,115 a year. Kentucky Farm Bureau, USAA, Auto-Owners, and Motorists Mutual also are some of the more affordable Louisville, KY auto insurance companies.
In this example, if you buy coverage from Auto-Owners and switched to Kentucky Farm Bureau, you could see a yearly savings of approximately $183. Drivers with Motorists Mutual could save as much as $427 a year, and Grange Mutual insureds might lower prices by up to $451 a year.
These premium estimates are averaged for all ages of drivers and types of vehicles and and are not calculated with an exact zip code location for police officers. So the car insurance company that is most affordable for your situation may not even be in the top 21 companies shown above. That is why you need to get auto insurance quotes using your own individual information.
Insuring your vehicle with the top insurance company can be difficult considering how many choices there are in Kentucky. The company ratings shown next could help you decide which car insurance companies you want to consider to insure your vehicles.
The ratings below are for companies that insure vehicles nationwide, so companies that only write business in Kentucky or surrounding areas are not taken into consideration for these rankings. To compare rates and find cheaper insurance for police officers, simply click here.
Top 10 Large Car Insurance Companies in Louisville Ranked by Customer Service
- USAA
- Travelers
- AAA Insurance
- Nationwide
- Safeco Insurance
- Progressive
- State Farm
- The Hartford
- The General
- Esurance
Top 10 Large Car Insurance Companies in Louisville Ranked by Claims Service
- Travelers
- Allstate
- Nationwide
- State Farm
- GEICO
- Liberty Mutual
- American Family
- Esurance
- AAA Insurance
- The Hartford
The chart below illustrates how choosing a deductible can affect insurance rates when searching for cheap insurance for police officers. The prices are based on a married female driver, comprehensive and collision coverage, and no additional discounts are factored in.
The chart above illustrates that a 30-year-old driver could reduce rates by $362 a year by increasing from a $100 deductible up to a $500 deductible, or save $546 by switching to a $1,000 deductible. Even younger drivers, such as the 20-year-old example, could roll back prices $770 or more by using higher deductibles when buying full coverage.
If you do make the decision to raise your deductibles, it is important to have emergency funds available to be able to pay the extra out-of-pocket expense, which is the main inconvenience of larger deductibles.
How violations and accidents impact rates
The easiest method to find the cheapest car insurance prices in Kentucky for law enforcement personnel is to drive cautiously and avoid accidents and violations. The diagram below demonstrates how citations and at-fault claims can impact premium costs for each age group. The information is based on a married male driver, comp and collision included, $100 deductibles, and no discounts are applied.
In the prior example, the average cost of an auto insurance policy in Louisville per year with no accidents or violations is $2,179. Get written up for one speeding ticket and the average cost rises to $2,501, an increase of $322 each year. Now add two accidents along with the one speeding ticket and the yearly cost of car insurance for police officers increases to an average of $5,195. That’s an increase of $3,016, or $251 per month, just for not driving safely!
Don’t make the mistake of not shopping around
Kentucky car insurance rates are impacted by many things that may substantially change the cost of your policy. Getting older, having a teenage driver, or getting a DUI can cause premium changes resulting in some companies being cheaper than competitors. Also, auto insurance companies change the rates they charge in Kentucky without warning to adjust for gains or losses. A period of higher than normal claims can result in price increases, while less frequent claims may produce cheaper Louisville car insurance rates.
To illustrate this point, the graph below shows the companies that have the cheapest car insurance in Louisville, KY for a 40-year-old female driver with a good driving record, no prior claims, and good credit. If we estimate rates based on her current situation, Cincinnati Insurance offers the lowest car insurance rates in Louisville at $1,661 a year. This is $482 less than the average price paid by Kentucky drivers of $2,143. Kentucky Farm Bureau, USAA, Auto-Owners, and Travelers also make the list of the most affordable Louisville, KY auto insurance companies.
The chart below compares rates after we give the driver from the first example a chargeable claim, bad credit, and a couple of points charged on her driving record. Since every car insurance company has a unique formula for establishing rates, getting updated rate quotes may now present a new list of companies as shown below.
Grange Mutual now has the lowest price on auto insurance in Louisville with USAA, Kentucky Farm Bureau, State Farm, and Cincinnati Insurance now rounding out the top five. This example illustrates why Kentucky drivers need to perform a complete rate comparison when trying to find the most budget-friendly insurance quotes for police officers. Car insurance prices are made up of many factors and can decrease or increase without notice, so the cheapest rate the last time you shopped around may now not even be in the top five.