The words “low-cost” and “insurance” really shouldn’t be used in the same sentence, especially when you are trying to find the lowest insurance rates for government employees. To help control this cost, let’s lead off by showing you some situations that can significantly affect insurance rates, and find some ways to shave a little off the next policy you buy.
The vehicle requiring coverage is probably the most important factor when comparison shopping for affordable car insurance for government employees. Vehicles with high performance engines, a lack of advanced safety features, or a track record of large liability claims will cost quite a bit more to insure than safer, lower-performance models. The data below shows car insurance costs for a number of the more affordable automobiles to buy coverage for.
| Vehicle | Estimated Cost for Full Coverage |
|---|---|
| Ford Escape XLS 2WD | $1,894 |
| Honda CR-V LX 2WD | $2,070 |
| Ford Explorer Limited 4WD | $2,281 |
| Ford F-150 FX2 2WD | $2,291 |
| Toyota Prius | $2,303 |
| Honda Odyssey LX | $2,349 |
| Hyundai Elantra GLS 4-Dr Sedan | $2,359 |
| Toyota Corolla LE | $2,369 |
| Chevrolet Silverado LT Regular Cab 2WD | $2,399 |
| Volkswagen Jetta SE 4-Dr Sedan | $2,402 |
| Toyota Tacoma 2WD | $2,405 |
| Ford Edge SEL AWD | $2,411 |
| Ford Focus SE 4-Dr Sedan | $2,405 |
| Find Cheaper Rates Go | |
Data rating is based on single male driver age 40, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Kentucky minimum liability limits. Discounts applied include safe-driver, multi-policy, multi-vehicle, claim-free, and homeowner. Rates do not factor in vehicle garaging location which can modify prices greatly.
Based upon the table data, we can conclude that vehicles like the Ford Escape, Honda CR-V, Ford Explorer, Ford F-150, and Toyota Prius should be the less-costly vehicles to insure for state and federal workers.
For state and federal workers, one of the big criteria that determine the amount you pay for auto insurance is your zip code in Louisville. More populated areas are more likely to have higher rates, whereas areas with less congestion benefit from lower rates.
The table below rates the highest-priced areas in Kentucky for government employees to purchase car insurance in. Louisville shows up at #1 with a yearly cost of $2,154 on average, which is approximately $180 per month.
| Rank | City | Annual Rate |
|---|---|---|
| 1 | Louisville | $2,154 |
| 2 | Frankfort | $1,795 |
| 3 | Jeffersontown | $1,685 |
| 4 | Ashland | $1,673 |
| 5 | Saint Matthews | $1,660 |
| 6 | Radcliff | $1,606 |
| 7 | Madisonville | $1,600 |
| 8 | Paducah | $1,599 |
| 9 | Elizabethtown | $1,563 |
| 10 | Georgetown | $1,551 |
| 11 | Murray | $1,549 |
| 12 | Winchester | $1,547 |
| 13 | Henderson | $1,541 |
| 14 | Richmond | $1,535 |
| 15 | Danville | $1,534 |
| 16 | Nicholasville | $1,504 |
| 17 | Hopkinsville | $1,493 |
| 18 | Covington | $1,487 |
| 19 | Lexington | $1,469 |
| 20 | Bowling Green | $1,461 |
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Table data uses approximated as specific Louisville zip code can modify premium rates noticeably.
Deciphering which insurers offer the cheapest auto insurance rates for government employees involves a little more work in order to find the best policy.
Every auto insurer uses a slightly different approach to set premium rates, so let’s rank the auto insurance companies that tend to be cheaper in Kentucky. It’s important that readers know that Louisville auto insurance rates are influenced by many factors which can substantially decrease or increase the cost of coverage. Simply having another birthday, moving across town, or getting a speeding ticket may generate price changes that can make some companies cheaper in comparison to the competition.
Best Auto Insurance Prices in Kentucky
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | Cincinnati Insurance | $1,093 |
| 2 | Kentucky Farm Bureau | $1,174 |
| 3 | USAA | $1,175 |
| 4 | Auto-Owners | $1,413 |
| 5 | Grange Mutual | $1,609 |
| 6 | Travelers | $1,614 |
| 7 | Motorists Mutual | $1,617 |
| 8 | State Farm | $1,793 |
| 9 | Westfield | $1,870 |
| 10 | Safe Auto | $1,913 |
| 11 | Nationwide | $2,003 |
| 12 | Electric | $2,076 |
| 13 | Progressive | $2,140 |
| 14 | State Auto | $2,188 |
| 15 | Encompass | $2,288 |
| 16 | GEICO | $2,437 |
| 17 | Safeco | $2,709 |
| 18 | MetLife | $3,177 |
| 19 | Shelter | $3,231 |
| 20 | Liberty Mutual | $3,598 |
| Find Your Rate Go | ||
Cincinnati Insurance offers some of the most affordable car insurance rates in Louisville at around $1,093 a year. This is $1,050 less than the average premium paid by Kentucky drivers of $2,143. Kentucky Farm Bureau, USAA, Auto-Owners, and Grange Mutual also are some of the more affordable Louisville, KY auto insurance companies.
In the above rates, if you have coverage with Auto-Owners and switched to Cincinnati Insurance, you could earn an annual premium reduction of upwards of $320. Drivers with Grange Mutual could save as much as $516 a year, and Travelers customers might cut rates by $521 a year.
These estimates are averages across all drivers and vehicles and are not factoring in a vehicle location for government employees. So the company that is best for you may not even be in the top 21 companies shown above. That is why you need to compare rates from as many companies as possible using your own driver and vehicle profiles.
Impact of citations and accidents on insurance rates
The best way to obtain cheap auto insurance prices for state and federal workers is to be a cautious driver and not receive tickets or have accidents. The information below illustrates how speeding tickets and accident claims can increase insurance costs for different ages of insureds. The prices are based on a married male driver, comp and collision included, $1,000 deductibles, and no discounts are applied to the premium.
In the prior example, the average cost of an auto insurance policy per year with no accidents and a clean driving record is $1,168. Get written up for two speeding tickets and the average cost jumps to $1,600, an increase of $432 each year. Now get two accidents along with the two speeding tickets and the 12-month cost of auto insurance for government employees increases to an average of $3,411. That’s an increase of $2,243, or $187 per month, just for being a little careless behind the wheel!
Choosing the top company is hard considering how many different companies there are to choose from in Kentucky. The information displayed below can help you pick which auto insurance companies to look at comparing rates with.
These rankings include the companies with a significant amount of written premium nationwide, so companies without a large exposure are not factored into these rankings. If you wish to compare prices from the most competitive companies in Kentucky, click here.
Top 10 Major Auto Insurance Companies Overall in Louisville
- Travelers
- USAA
- AAA Insurance
- Nationwide
- Allstate
- State Farm
- The Hartford
- Safeco Insurance
- Progressive
- American Family
Don’t stick with an overpriced policy
Louisville, KY auto insurance rates are determined by lots of factors that will increase or decrease the cost of coverage. Turning one year older, buying higher coverage limits, or getting a few speeding tickets can cause premium changes that can now make some companies more affordable than before.
Not only may your risk profile change, but insurers change their prices without warning in order to be able to pay unexpected claims. Significantly higher claims can result in rate hikes, while a better loss history can produce cheaper Louisville car insurance rates.
The chart below shows the cheapest car insurance in Louisville, KY for a 35-year-old female driver with no prior claims, no tickets, and good financial standing. Based on her personal profile, Cincinnati Insurance might quote the most affordable car insurance rates in Louisville at $1,694 a year. This is $449 less than the average rate paid by Kentucky drivers of $2,143. Kentucky Farm Bureau, USAA, Auto-Owners, and Motorists Mutual are also on the list of the cheapest Louisville, KY auto insurance companies.
In this example, we will give the driver in the first example a chargeable accident, poor credit, and a speeding citation. Since every insurance provider has a different formula for determining prices, comparing insurance quotes may now result in a different set of affordable companies as shown below.
Kentucky Farm Bureau now has the lowest car insurance rate in Louisville with Travelers, USAA, Cincinnati Insurance, and State Farm now rounding out the top five. This demonstrates why it is critical to do a thorough rate comparison to get the cheapest car insurance rates for government employees.
Car insurance prices are determined by many factors and can change without notice, so the best company when you last compared rates may now not even be in the top five.