You have probably watched the captivating ads from auto insurance companies like GEICO and Liberty Mutual that promise enormous savings. So drivers just need to choose the one with the flashiest ad, right?
It’s not that easy, however, as there are a whole slew of unknown aspects such as the amount of liability insurance you need, the type of vehicle you drive, and your credit history. We will touch on the best ways to save money and will hopefully give the reader a jump start in finding the best auto insurance in Louisville.
For teen girls, one of the big criteria that are looked at to help calculate car insurance rates is where your residence is. Areas with more people or even just a higher incidence of claims tend to have more expensive auto insurance rates, whereas areas with less crime or weather claims benefit from lower coverage costs.
The information below shows the highest-priced places in Kentucky for teenage females to purchase a policy in. Louisville ranks #1 with an annual premium of $2,112 on average, which is about $176 monthly.
| Rank | City | Annual Rate |
|---|---|---|
| 1 | Louisville | $2,112 |
| 2 | Frankfort | $1,742 |
| 3 | Jeffersontown | $1,719 |
| 4 | Ashland | $1,707 |
| 5 | Paducah | $1,647 |
| 6 | Saint Matthews | $1,643 |
| 7 | Madisonville | $1,616 |
| 8 | Radcliff | $1,606 |
| 9 | Danville | $1,581 |
| 10 | Murray | $1,565 |
| 11 | Elizabethtown | $1,547 |
| 12 | Richmond | $1,535 |
| 13 | Nicholasville | $1,519 |
| 14 | Lexington | $1,514 |
| 15 | Georgetown | $1,506 |
| 16 | Winchester | $1,501 |
| 17 | Henderson | $1,495 |
| 18 | Hopkinsville | $1,493 |
| 19 | Covington | $1,487 |
| 20 | Florence | $1,485 |
| Get a Custom Quote Go | ||
Rate information is approximated as specific Louisville zip code can raise or lower prices considerably.
Comparing quotes for reasonably-priced auto insurance is hard enough, and finding out which companies have the lowest-priced car insurance rates for teenage females will involve even more shopping around.
Every car insurance company uses their own method for setting rates, so first we will examine the most competitive car insurance companies in Kentucky. It’s important to understand that Louisville, KY car insurance rates are influenced by many factors that control the price of your policy. Things like getting older, increasing deductibles, or getting caught speeding can cause premium changes that can make some companies more expensive than competitors.
Cheapest Insurance Rates for Teens
Cincinnati Insurance normally has some of the most affordable car insurance rates in Louisville at around $1,126 annually. Kentucky Farm Bureau, USAA, Auto-Owners, and Grange Mutual also make the cut as some of the more affordable Louisville, KY auto insurance companies.
As shown in the rates above, if you have coverage with USAA and switched to Cincinnati Insurance, you could realize a yearly savings of upwards of $49. Insureds with Auto-Owners could save as much as $231 a year, and Grange Mutual policyholders might see rate reductions of $435 a year.
It’s important to note that these premium estimates are averages across all drivers and vehicles and do not take into consideration a specific vehicle garaging location for teenage females. So the car insurance company that has the lowest price for you may not even be in the list above. That’s why you need to get car insurance quotes using your own specific driver information and vehicle.
The make and model of vehicle to be insured is one of the largest considerations when trying to find cheaper coverage for teenage females. Vehicles with average performance, good crash test ratings, or a low likelihood of having liability claims will cost substantially less to insure than high performance models.
The next list illustrates coverage premiums for the most economical automobiles to insure.
| Vehicle Insured | Estimated Cost for Full Coverage |
|---|---|
| Honda Accord LX-P 4-Dr Sedan | $6,282 |
| Honda CR-V LX 4WD | $6,291 |
| Ford Escape XLS 2WD | $6,282 |
| Toyota Prius | $6,800 |
| Honda Odyssey LX | $6,992 |
| Ford Edge SE 2WD | $7,002 |
| Ford F-150 STX Regular Cab 4WD | $7,054 |
| Ford Explorer XLT AWD | $7,062 |
| Dodge Grand Caravan SE | $7,054 |
| Chevrolet Malibu LS | $7,451 |
| Toyota RAV4 Sport 4WD | $7,460 |
| Chevrolet Impala LT | $7,451 |
| Jeep Grand Cherokee Laredo 4WD | $7,459 |
| Toyota Camry LE | $7,451 |
| Toyota Tacoma Double Cab TRD Off-Road Package 4WD | $7,510 |
| Ford Focus SEL 4-Dr Sedan | $7,786 |
| Honda Civic VP 4-Dr Sedan | $7,792 |
| Toyota Corolla S | $7,848 |
| Hyundai Elantra SE 4-Dr Sedan | $7,855 |
| Volkswagen Jetta 2.0T 4-Dr Sedan | $7,907 |
| GMC Sierra SLT Crew Cab 2WD | $7,916 |
| Chevrolet Equinox LTZ AWD | $7,907 |
| Ford Fusion SE 4-Dr Sedan | $7,912 |
| Start Your Quote Go | |
Table data assumes single female driver age 17, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Kentucky minimum liability limits. Discounts applied include claim-free, and safe-driver. Premium amounts do not factor in specific zip code location which can influence prices significantly.
Based upon the rates shown, makes and models like the Honda Accord, Honda CR-V, Ford Escape, and Toyota Prius are most likely to be the most economical vehicles to insure for teen girls. The price of auto insurance will be higher anyway because there is more risk for teenage females, but generally speaking those vehicles will most likely have the cheapest auto insurance rates available.
How to get discounts on Louisville insurance rates
Insurance providers that provide coverage for teenage females may additionally offer premium discounts that can lower rates by 35% or more if you meet certain criteria. Larger car insurance companies and a summarized list of policyholder discounts can be found below.
- GEICO may have discounts that include anti-lock brakes, air bags, driver training, daytime running lights, good student, and emergency military deployment.
- MetLife has discounts for claim-free, multi-policy, good driver, accident-free, defensive driver, and good student.
- Progressive offers discounts including good student, online signing, online quote discount, continuous coverage, and multi-vehicle.
- Travelers discounts include good student, home ownership, multi-policy, payment discounts, save driver, and continuous insurance.
- SAFECO may offer discounts for accident prevention training, teen safe driver, teen safety rewards, anti-theft, homeowner, drive less, and multi-car.
- AAA offers discounts for multi-car, good student, anti-theft, AAA membership discount, good driver, and multi-policy.
The diagram below shows the difference between car insurance rates with and without discounts applied. The prices are based on a male driver, no claims or driving citations, Kentucky state minimum liability limits, full physical damage coverage, and $100 deductibles. The first bar for each age group shows the price with no discounts. The second shows the rates with passive restraint, paperless filing, good student, anti-theft, paid-in-full, and continuous coverage discounts applied. When these discounts are applied to the policy premium, the average savings per year on car insurance for teenage females is 28% or $906.
Insuring your vehicle with the right auto insurance company can be challenging considering how many companies sell insurance in Kentucky. The company rank data shown below can help you analyze which car insurance providers you want to consider when shopping around. These ratings are only comprised of companies with a nationwide focus, so companies that may only write in Kentucky will not be included in these rankings.
| Company | Value | Customer Service | Claims | Customer Satisfaction | A.M Best Rating | Overall Score |
|---|---|---|---|---|---|---|
| Travelers | 93 | 98 | 99 | 88% | A++ | 95.1 |
| USAA | 83 | 99 | 100 | 91% | A++ | 94.1 |
| AAA Insurance | 91 | 95 | 92 | 90% | A | 93.3 |
| Nationwide | 85 | 95 | 97 | 89% | A+ | 92.4 |
| Allstate | 77 | 100 | 97 | 88% | A+ | 90.7 |
| State Farm | 80 | 94 | 96 | 88% | A++ | 90.6 |
| The Hartford | 88 | 93 | 91 | 87% | A+ | 90.4 |
| Safeco Insurance | 91 | 95 | 85 | 88% | A | 90.2 |
| Progressive | 88 | 94 | 83 | 88% | A+ | 90.1 |
| American Family | 91 | 86 | 95 | 83% | A | 89.7 |
| Esurance | 86 | 90 | 94 | 90% | A+ | 89.5 |
| The General | 86 | 93 | 89 | 84% | A- | 88.2 |
| GEICO | 79 | 89 | 95 | 87% | A++ | 87.8 |
| 21st Century | 86 | 82 | 90 | 84% | A | 86.4 |
| Liberty Mutual | 79 | 87 | 95 | 78% | A | 85.3 |
| Erie Insurance | 87 | 84 | 85 | 85% | A+ | 85.3 |
| Farmers Insurance | 77 | 80 | 80 | 84% | A | 80.3 |
| Compare Rates Now Go | ||||||
Data Source: Insure.com Best Car Insurance Companies
The example below highlights how deductible choice can increase or decrease insurance prices when quoting cheap insurance for teenage females. The data is based on a married male driver, comp and collision included, and no discounts are taken into consideration.
The chart above illustrates that a 40-year-old driver could lower their car insurance rates by $226 a year by changing from a $100 deductible up to a $500 deductible, or save $344 by choosing a $1,000 deductible. Young drivers, like the 20-year-old, could potentially save as much as $756 annually just by choosing larger deductibles.
When choosing a higher deductible, it’s a good idea to have plenty of savings on hand to cover the extra out-of-pocket expense associated with higher deductibles.