Cheapest Auto Insurance in Richmond, Kentucky (2024)
Auto-Owners has the cheapest liability insurance in Richmond, with a cost of $56 per month.
Excellent
)
Written byAlani Asis
)
3 years of content writing
Bylines with leading financial publications
Alani is a freelance writer specializing in personal finance. She aims to make complex topics more approachable through fun, digestible content.
Featured in
){kind=logo}
){kind=logo}
){kind=small}
)
Edited byKatie Powers
)
Licensed auto and home insurance agent
3+ years experience in insurance and personal finance editing
Katie uses her knowledge and expertise as a licensed property and casualty agent in Massachusetts to help readers understand the complexities of insurance shopping.
Featured in
){kind=small}
){kind=small}
Updated November 21, 2024
Why you can trust Insurify: Comparing accurate insurance quotes should never put you at risk of spam. We earn an agent commission only if you buy a policy based on our quotes. Our editorial team follows a rigorous set of editorial standards and operates independently from our insurance partners. Learn more.
Advertiser Disclosure
At Insurify, our goal is to help customers compare insurance products and find the best policy for them. We strive to provide open, honest, and unbiased information about the insurance products and services we review. Our hard-working team of data analysts, insurance experts, insurance agents, editors and writers, has put in thousands of hours of research to create the content found on our site.
We do receive compensation when a sale or referral occurs from many of the insurance providers and marketing partners on our site. That may impact which products we display and where they appear on our site. But it does not influence our meticulously researched editorial content, what we write about, or any reviews or recommendations we may make. We do not guarantee favorable reviews or any coverage at all in exchange for compensation.
Table of contents
The average cost of liability car insurance in Richmond is $163 per month, which is similar to the Kentucky state average of $171. Insurance premiums in Richmond and the state of Kentucky typically exceed national average costs. The average monthly cost of liability insurance in the U.S. is $104.
Kentucky drivers may face higher insurance costs because the state has a higher risk of tornadoes than other areas of the country. Insurers adjust for increased risk of property damage by charging higher premiums.
Here’s what you should know about finding cheap car insurance in Richmond, including how to compare quotes and coverage options.
Quick Facts
Kentucky is a no-fault state, so drivers must purchase basic personal injury protection (PIP) coverage.[1]
The cheapest car insurance companies in Richmond include Auto-Owners, State Farm, and GEICO.
On average, Richmond drivers pay $269 per month for full-coverage insurance.
3 of the cheapest car insurance companies in Richmond
When searching for car insurance, you should aim to find a company that offers excellent rates and coverage options that meet your needs.
The following insurers provide cost-effective options for drivers in the city, including teenagers and military personnel. The provided quotes reflect statewide average costs in Kentucky.
Insurance Company ▲▼ | IQ Score The Insurify Quality (IQ) Score uses more than 15 criteria to objectively rate insurance companies on a one-to-ten scale. The Insurify editorial team researches insurer data to determine the final scores. ▲▼ | Full Coverage ▲▼ | Liability Only ▲▼ | Best for ▲▼ |
|---|---|---|---|---|
| National General | 6.8 | $144 | $87 | Cheap rates |
| State Farm | 9.3 | $109 | $61 | Teen drivers |
| USAA | 9.4 | $134 | $75 | Military members |
Best insurer for cheap rates: National General
| User Reviews | 3.3 |
|---|---|
| IQ Score The Insurify Quality (IQ) Score uses more than 15 criteria to objectively rate insurance companies on a one-to-ten scale. The Insurify editorial team researches insurer data to determine the final scores. | 6.8 /10 |
| Liability Only Liability-only insurance, sometimes called minimum-coverage insurance, pays for bodily injury and property damage to others in an accident the policyholder causes. It does not pay for the insured’s own damages. | $81/mo |
| Full Coverage Full-coverage car insurance generally includes liability, collision, and comprehensive coverage, and may include other optional coverages such as uninsured motorist coverage. Collision covers a policyholder’s repair or replacement costs in case of an accident. Comprehensive covers damages caused by non-accident events. The average quote displayed here reflects policies with the following coverage limits: $50,000 bodily injury liability per person; $100,000 bodily injury liability per accident; $50,00 property damage liability per accident; $1,000 collision deductible; and a $1,000 comprehensive deductible. | $135/mo |
3.3
A solid optionBased on 392 verified guest reviews and ratings
How drivers feel about National General
Drivers appreciate the initial affordability and good starter options but dislike the frequent and significant price increases.
AI-generated from the text of verified reviews collected by Insurify
Best For
SR-22 insurance
Bundling discounts
Hard-to-insure drivers
How drivers feel about National General
Drivers appreciate the initial affordability and good starter options but dislike the frequent and significant price increases.
AI-generated from the text of verified reviews collected by Insurify
Best For
SR-22 insurance
Bundling discounts
Hard-to-insure drivers
Reviews (204)
Jahmon
November 14, 2024
Verified Review
The Greatest
Excellent.
Mike
November 6, 2024
Verified Review
Too expensive
The monthly cost should be lowered.
Javier
November 5, 2024
Verified Review
I switched carriers to get a better rate, but they didn't update my paperwork with the DMV, which resulted in the cancellation of my driver's license. I had to get the paperwork faxed on my own, and it cost $55.00 to reinstate my license. Of course, National General blamed it on my carrier, A.I.S., and A.I.S. blamed it on National General. So, I'm not inclined to praise their treatment of me.
I switched carriers to get a better rate, but they didn't update my paperwork with the DMV, which resulted in the cancellation of my driver's license. I had to get the paperwork faxed on my own, and it cost $55.00 to reinstate my license. Of course, National General blamed it on my carrier, A.I.S., and A.I.S. blamed it on National General. So, I'm not inclined to praise their treatment of me.
JD Power
J.D. Power data measures overall customer satisfaction and claims satisfaction based on a 1,000-point scale.
829NAIC Index
Average amount of customer complaints relative to competitors on a 0-5 scale. A lower score represents fewer complaints.
4.01A.M. Best
A.M. Best analyzes an insurer’s financials, operating performance, business profile, and other factors to generate an opinion-based rating of a company’s financial and credit strength. Ratings range from A++ (exceptional) to D (poor).
A+Why we picked this company
National General offers the cheapest full-coverage policy in Richmond, as well as affordable liability rates. The insurer offers standard coverages like comprehensive and collision insurance, as well as a plethora of policy add-ons to provide you with extra protection on the road.
Pros
SR-22 certificates available to high-risk drivers
Variety of available policy endorsements
Cons
Gap insurance not available
High volume of online complaints
Best insurer for teen drivers: State Farm
| User Reviews | 4.2 |
|---|---|
| IQ Score The Insurify Quality (IQ) Score uses more than 15 criteria to objectively rate insurance companies on a one-to-ten scale. The Insurify editorial team researches insurer data to determine the final scores. | 9.3 /10 |
| Liability Only Liability-only insurance, sometimes called minimum-coverage insurance, pays for bodily injury and property damage to others in an accident the policyholder causes. It does not pay for the insured’s own damages. | $58/mo |
| Full Coverage Full-coverage car insurance generally includes liability, collision, and comprehensive coverage, and may include other optional coverages such as uninsured motorist coverage. Collision covers a policyholder’s repair or replacement costs in case of an accident. Comprehensive covers damages caused by non-accident events. The average quote displayed here reflects policies with the following coverage limits: $50,000 bodily injury liability per person; $100,000 bodily injury liability per accident; $50,00 property damage liability per accident; $1,000 collision deductible; and a $1,000 comprehensive deductible. | $103/mo |
4.2
Best choiceBased on 9037 verified guest reviews and ratings
How drivers feel about State Farm
Drivers appreciate the helpful local agents and initial service but dislike the high prices and frequent rate increases.
AI-generated from the text of verified reviews collected by Insurify
Best For
Customer service
Competitive rates
Discounts for safe drivers
How drivers feel about State Farm
Drivers appreciate the helpful local agents and initial service but dislike the high prices and frequent rate increases.
AI-generated from the text of verified reviews collected by Insurify
Best For
Customer service
Competitive rates
Discounts for safe drivers
Reviews (4,970)
Charles
November 19, 2024
Verified Review
New Car Price
State Farm is preferred due to its loyalty and pricing. Despite my vehicle being 20 years old, the policy is priced as if it were 2 years old.
Ronald
November 19, 2024
Verified Review
State Farm Experience: 35 Years+
They are forcing me to replace my house roof or they will cancel my policy.
David
November 19, 2024
Verified Review
Too expensive
It's too expensive. They raise rates every six months, even though I've never filed a claim.
JD Power
J.D. Power data measures overall customer satisfaction and claims satisfaction based on a 1,000-point scale.
842NAIC Index
Average amount of customer complaints relative to competitors on a 0-5 scale. A lower score represents fewer complaints.
0.78A.M. Best
A.M. Best analyzes an insurer’s financials, operating performance, business profile, and other factors to generate an opinion-based rating of a company’s financial and credit strength. Ratings range from A++ (exceptional) to D (poor).
A++Why we picked this company
With budget-friendly rates, excellent customer service, and discounts for student drivers, you can count on State Farm for your teenager’s car insurance policy. The company has good student, driver training, and student away-at-school discounts, as well as savings opportunities through its Drive Safe & Save and Steer Clear programs.
Pros
Ranked higher than the industry average in the J.D. Power 2023 U.S. Auto Claims Satisfaction Study
Rideshare insurance available
Cons
Gap insurance not available
Accident forgiveness not available
Best insurer for military members: USAA
| User Reviews | 4.9 |
|---|---|
| IQ Score The Insurify Quality (IQ) Score uses more than 15 criteria to objectively rate insurance companies on a one-to-ten scale. The Insurify editorial team researches insurer data to determine the final scores. | 9.4 /10 |
| Liability Only Liability-only insurance, sometimes called minimum-coverage insurance, pays for bodily injury and property damage to others in an accident the policyholder causes. It does not pay for the insured’s own damages. | $71/mo |
| Full Coverage Full-coverage car insurance generally includes liability, collision, and comprehensive coverage, and may include other optional coverages such as uninsured motorist coverage. Collision covers a policyholder’s repair or replacement costs in case of an accident. Comprehensive covers damages caused by non-accident events. The average quote displayed here reflects policies with the following coverage limits: $50,000 bodily injury liability per person; $100,000 bodily injury liability per accident; $50,00 property damage liability per accident; $1,000 collision deductible; and a $1,000 comprehensive deductible. | $127/mo |
4.9
Best choiceBased on 1602 verified guest reviews and ratings
How drivers feel about USAA
Drivers appreciate the ease of working with the carrier, competitive rates, and responsive service but dislike the price increases and lack of rideshare add-ons in some areas.
AI-generated from the text of verified reviews collected by Insurify
Best For
Members of the military community
Outstanding customer service
Competitive rates
How drivers feel about USAA
Drivers appreciate the ease of working with the carrier, competitive rates, and responsive service but dislike the price increases and lack of rideshare add-ons in some areas.
AI-generated from the text of verified reviews collected by Insurify
Best For
Members of the military community
Outstanding customer service
Competitive rates
Reviews (914)
Gloria
November 15, 2024
Verified Review
Not Good for Claims
I have storm damage and the claim process is not satisfactory.
Martin
November 11, 2024
Verified Review
Price Shopping
I have been with USAA for over 60 years. Obviously, I've been very happy. Since I don't drive very far, I have been seeing advertisements for lower prices. However, I have no plans of leaving USAA.
Rena Sabine
November 8, 2024
Verified Review
Disappointing and inflexible service
My experience with this company has been disappointing, especially this second time around. I would suggest considering other options. From my recent interactions, they have been dismissive and argumentative. I have already started finalizing my next premium with another company. I'm perplexed as to how they receive praise when they treat clients in this manner.
JD Power
J.D. Power data measures overall customer satisfaction and claims satisfaction based on a 1,000-point scale.
880NAIC Index
Average amount of customer complaints relative to competitors on a 0-5 scale. A lower score represents fewer complaints.
1.35A.M. Best
A.M. Best analyzes an insurer’s financials, operating performance, business profile, and other factors to generate an opinion-based rating of a company’s financial and credit strength. Ratings range from A++ (exceptional) to D (poor).
A++Why we picked this company
Whether you’re an active or reserve military personnel, a veteran, or a family member, USAA offers exclusive benefits and discounts, specialized coverages, and user-friendly digital tools. Eligible members can save money with good driver, bundling, and loyalty discounts, as well as through the company’s safe driving program, USAA SafePilot.
Pros
Affordable premiums
Ranked higher than the industry average in the J.D. Power 2023 U.S. Auto Claims Satisfaction Study
Cons
Exclusively available to active military members, veterans, and their families
No 24/7 phone support
How to get the cheapest car insurance in Richmond
Your insurance rates will vary based on several factors, including your location, age, driving history, credit, and more. You can expect your insurance rates to increase if you demonstrate a higher risk in one of these areas.
If you’re in the market for cheap car insurance in Richmond, the following tips can help you get the best rates on your policy:
Compare quotes. The Insurance Information Institute recommends gathering quotes from at least three insurers. Make sure the quotes you compare are for the same types of coverage for the most accurate comparisons.
Seek out discounts. Insurance companies offer deals for good driving, bundling insurance products, being a member of an affiliated group, and more. You can even stack discounts for additional savings on your policy.
Maintain a good driving record. Whether you have a speeding ticket or a DUI, incidents can cause your rates to increase substantially. Try to avoid incidents, as insurers offer the best rates to people with a clean driving record.
Increase your deductible. Choosing a higher deductible can lower your overall premiums. Be sure you can pay for the deductible so you can get coverage.
Drive a safe car. The type of car you drive can influence your rates. Insuring a motor vehicle with advanced safety features can qualify you for discounts or rate reductions.
Find Cheap Car Insurance in Richmond
Liability quotes start at $56 per month
Secure. Free. Easy-to-use.
Based on 3,806+ reviews
4.8/5
Cheapest liability-only car insurance in Richmond: Auto-Owners
If you cause an accident, liability-only insurance covers the costs incurred by the other person’s property damage and bodily injury. Since this policy only covers the basics, you can expect your premiums to remain low, but you may face high out-of-pocket costs after filing a claim.[2]
On average, Richmond drivers pay $163 per month for liability insurance. Here are the cheapest companies offering liability-only coverage in Richmond.
The below rates are estimated rates current as of: Friday, November 1 at 12:00 PM PDT.
Insurance Company ▲▼ | Average Monthly Quote ▲▼ |
|---|---|
| Auto-Owners | $56 |
| State Farm | $58 |
| GEICO | $66 |
| National General | $81 |
| Allstate | $84 |
| State Auto | $86 |
| Safeco | $94 |
| Travelers | $94 |
| Progressive | $96 |
| Clearcover | $106 |
| Nationwide | $123 |
| CSAA | $128 |
| Liberty Mutual | $132 |
| Bristol West | $152 |
| Shelter | $152 |
| The General | $229 |
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers and quote estimates from Quadrant Information Services. Actual quotes may vary based on the policy buyer's unique driver profile.
Cheapest full-coverage car insurance in Richmond: Auto-Owners
Liability-only insurance only covers the other party’s car repairs and medical costs if you’re at fault in an accident. Full-coverage policies handle the costs of your vehicle damages as well, regardless of fault.
A full-coverage policy includes liability, collision, and comprehensive coverage. Collision coverage pays for your vehicle repairs after an accident, and a comprehensive auto policy will compensate you for losses and damages from theft, weather-related damages, and other non-collision incidents.
You may want a full-coverage policy if you drive frequently or live in a high-risk location. If you have a lease or loan on your car, your lender will likely require you to purchase this coverage.
The average cost of full-coverage insurance in Richmond is $269 per month. Here are the cheapest average rates for full-coverage insurance in Richmond.
The below rates are estimated rates current as of: Friday, November 1 at 12:00 PM PDT.
Insurance Company ▲▼ | Average Monthly Quote ▲▼ |
|---|---|
| Auto-Owners | $99 |
| State Farm | $103 |
| GEICO | $117 |
| National General | $135 |
| Safeco | $147 |
| Allstate | $150 |
| State Auto | $153 |
| Travelers | $166 |
| Progressive | $169 |
| Clearcover | $186 |
| CSAA | $190 |
| Nationwide | $219 |
| Liberty Mutual | $241 |
| Shelter | $268 |
| Bristol West | $313 |
| The General | $373 |
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers and quote estimates from Quadrant Information Services. Actual quotes may vary based on the policy buyer's unique driver profile.
Car insurance requirements in Kentucky
Kentucky drivers must carry a minimum amount of bodily injury and property damage liability coverage.[3]
Because Kentucky is a “choice no-fault state,” you must file a claim with your insurer after an accident, regardless of fault. Therefore, you must also obtain personal injury protection (PIP) coverage. Through your PIP coverage, your insurer will cover medical payments, lost wages, and more for you and your passengers following an accident.
You’ll find the minimum state requirements in Kentucky below:
Coverage ▲▼ | Minimum Requirements ▲▼ |
|---|---|
| Bodily injury liability | $25,000 per person / $50,000 per accident |
| Property damage liability | $25,000 per accident |
| Personal injury protection | $10,000 per accident |
Purchasing these additional coverages can bolster your protection on the road:
Collision coverage
In the event of an accident, collision insurance covers the costs of your vehicle damage.
Comprehensive coverage
Comprehensive insurance covers costs associated with non-collision incidents, including theft, severe weather, falling objects, and more.
Uninsured/underinsured motorist coverage
If the at-fault party doesn’t have enough insurance, uninsured/underinsured motorist insurance will cover the gaps.
Rental car reimbursement coverage
A rental car can help you get around while your vehicle is at the shop for repairs, and this coverage can pay for some of these costs.
Cheapest car insurance for drivers with an incident
Driving incidents such as speeding tickets, driving under the influence, or at-fault accidents can cause your rates to increase. As your risk as a driver increases, insurers adjust rates accordingly.
Insurers associate incidents on your driving record with an increased likelihood of having an accident and filing a claim. Richmond drivers with a past incident pay an average of $209 per month for liability insurance.
Drivers with a clean record tend to earn the most affordable insurance rates.[4]
Cheapest recent rates near Richmond, Kentucky
Recent Richmond, Kentucky car insurance prices for Nissan, Jeep, Chrysler , and more.
*Quotes generated for Insurify users in and around Richmond, Kentucky within the last 10 days. Last updated on November 21, 2024
Rates shown are real-time Insurify user quotes from 100+ insurance companies and Quadrant Information Services data. Insurify’s algorithm excludes anomalous quotes and anonymizes personal details, then displays refined quotes by price, date, and insurer popularity up to 10 days ago from November 21, 2024. Actual quotes may vary based on the policy buyer’s unique driver profile.
*Quotes generated for Insurify users in and around Richmond, Kentucky within the last 10 days. Last updated on November 21, 2024
Rates shown are real-time Insurify user quotes from 100+ insurance companies and Quadrant Information Services data. Insurify’s algorithm excludes anomalous quotes and anonymizes personal details, then displays refined quotes by price, date, and insurer popularity up to 10 days ago from November 21, 2024. Actual quotes may vary based on the policy buyer’s unique driver profile.
Cheapest car insurance for drivers with a speeding ticket: Auto-Owners
If you exceed the speed limit and get pulled over, you’ll typically face an initial fine and an increase in your insurance rates. Other incidents can make your insurance rates increase more than a single speeding ticket.
On average, Richmond drivers with a speeding ticket pay $228 per month for liability insurance. Compare liability insurance quotes from several insurance companies below.
The below rates are estimated rates current as of: Friday, November 1 at 12:00 PM PDT.
Insurance Company ▲▼ | Clean Driving Record ▲▼ | With Speeding Ticket ▲▼ |
|---|---|---|
| Auto-Owners | $56 | $73 |
| State Farm | $58 | $74 |
| GEICO | $66 | $86 |
| National General | $81 | $106 |
| Allstate | $84 | $109 |
| State Auto | $86 | $120 |
| Safeco | $94 | $124 |
| Travelers | $94 | $123 |
| Progressive | $96 | $124 |
| Clearcover | $106 | $138 |
| Nationwide | $123 | $161 |
| CSAA | $128 | $169 |
| Liberty Mutual | $132 | $184 |
| Bristol West | $152 | $198 |
| Shelter | $152 | $205 |
| The General | $229 | $303 |
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers and quote estimates from Quadrant Information Services. Actual quotes may vary based on the policy buyer's unique driver profile.
Cheapest car insurance for drivers with an at-fault accident: Auto-Owners
Without sufficient insurance coverage after an accident, you may have to pay out of pocket for vehicle repairs and medical expenses, depending on the accident. Additionally, an accident can result in a substantial increase in your premiums, particularly if you caused it.
But if you have an at-fault accident on your record, you can still find affordable coverage on your auto insurance policy. The average cost of liability car insurance for Richmond drivers with a past accident is $230 per month.
Here are some of the cheapest liability insurance rates in the city.
The below rates are estimated rates current as of: Friday, November 1 at 12:00 PM PDT.
Insurance Company ▲▼ | Clean Driving Record ▲▼ | With Accident ▲▼ |
|---|---|---|
| Auto-Owners | $56 | $75 |
| State Farm | $58 | $77 |
| GEICO | $66 | $89 |
| National General | $81 | $108 |
| Allstate | $84 | $113 |
| State Auto | $86 | $125 |
| Safeco | $94 | $125 |
| Travelers | $94 | $127 |
| Progressive | $96 | $130 |
| Clearcover | $106 | $153 |
| Nationwide | $123 | $166 |
| CSAA | $128 | $178 |
| Liberty Mutual | $132 | $189 |
| Bristol West | $152 | $204 |
| Shelter | $152 | $213 |
| The General | $229 | $313 |
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers and quote estimates from Quadrant Information Services. Actual quotes may vary based on the policy buyer's unique driver profile.
Cheapest car insurance for drivers with a DUI: Auto-Owners
A DUI can result in serious legal and financial consequences due to the severity of the offense. Insurers adjust rates for high-risk drivers and may even choose not to offer coverage in some cases.
On average, Richmond drivers with a DUI pay $262 per month for liability car insurance. The following insurance companies offer insurance to Richmond drivers with a DUI.
The below rates are estimated rates current as of: Friday, November 1 at 12:00 PM PDT.
Insurance Company ▲▼ | Clean Driving Record ▲▼ | With DUI ▲▼ |
|---|---|---|
| Auto-Owners | $56 | $91 |
| State Farm | $58 | $94 |
| GEICO | $66 | $108 |
| National General | $81 | $132 |
| Allstate | $84 | $137 |
| State Auto | $86 | $140 |
| Safeco | $94 | $142 |
| Travelers | $94 | $153 |
| Progressive | $96 | $156 |
| Clearcover | $106 | $173 |
| Nationwide | $123 | $200 |
| CSAA | $128 | $187 |
| Liberty Mutual | $132 | $215 |
| Bristol West | $152 | $248 |
| Shelter | $152 | $248 |
| The General | $229 | $373 |
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers and quote estimates from Quadrant Information Services. Actual quotes may vary based on the policy buyer's unique driver profile.
Cheapest car insurance for seniors: Auto-Owners
You can expect better auto rates as you age and have more experience behind the wheel. Rates decrease significantly between the ages of 25 and 35 and continue trending downward with age. But you may see a slight increase again around age 70, as age-related conditions can make senior drivers more susceptible to accidents on the road.
Senior drivers in Richmond pay $138 per month for liability insurance and $227 for full-coverage insurance, on average. The following auto insurers offer affordable coverage to senior drivers in Richmond.
The below rates are estimated rates current as of: Friday, November 1 at 12:00 PM PDT.
Insurance Company ▲▼ | Full Coverage ▲▼ | Liability Only ▲▼ |
|---|---|---|
| Auto-Owners | $62 | $35 |
| State Farm | $62 | $35 |
| GEICO | $77 | $43 |
| National General | $86 | $52 |
| State Auto | $90 | $50 |
| Progressive | $91 | $52 |
| Allstate | $99 | $56 |
| Travelers | $107 | $61 |
| CSAA | $113 | $76 |
| Safeco | $115 | $73 |
| Nationwide | $126 | $71 |
| Shelter | $146 | $83 |
| Clearcover | $150 | $85 |
| Liberty Mutual | $173 | $95 |
| Bristol West | $213 | $104 |
| The General | $263 | $162 |
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers and quote estimates from Quadrant Information Services. Actual quotes may vary based on the policy buyer's unique driver profile.
Cheapest car insurance for teens: Auto-Owners
Insurers typically charge young drivers higher rates to offset the risk of their lack of driving experience. As such, teenagers generally pay the highest rates for auto insurance. Young drivers can earn better rates by staying on their parents’ policy, driving a safe vehicle, or earning good grades to get a policy discount.
Teens can also shop for insurance companies that offer competitive rates for their age group, such as the ones below. On average, teens in Richmond pay $312 per month for liability insurance and $515 for full-coverage insurance.
The below rates are estimated rates current as of: Friday, November 1 at 12:00 PM PDT.
Insurance Company ▲▼ | Full Coverage ▲▼ | Liability Only ▲▼ |
|---|---|---|
| Auto-Owners | $177 | $100 |
| State Farm | $188 | $106 |
| GEICO | $199 | $112 |
| National General | $280 | $168 |
| Allstate | $284 | $159 |
| State Auto | $288 | $162 |
| Safeco | $299 | $191 |
| Progressive | $315 | $179 |
| Travelers | $318 | $180 |
| CSAA | $325 | $219 |
| Clearcover | $362 | $206 |
| Nationwide | $406 | $228 |
| Liberty Mutual | $440 | $241 |
| Shelter | $475 | $270 |
| Bristol West | $561 | $272 |
| The General | $632 | $388 |
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers and quote estimates from Quadrant Information Services. Actual quotes may vary based on the policy buyer's unique driver profile.
Find Car Insurance in Richmond
Insurify partners with 100+ insurers for real-time quotes
Secure. Free. Easy-to-use.
Based on 3,806+ reviews
4.8/5
Richmond car insurance quotes by credit tier
Insurance companies in Kentucky can use your credit history to assign your policy premiums. An excellent or good credit score indicates that you’re less likely to file a claim, which can result in lower rates. Meanwhile, a poor credit score indicates that you’re more likely to file a claim and can result in increased premiums.
Rates by Credit Tier
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers. Actual quotes may vary based on the policy buyer's unique driver profile.
Is car insurance more expensive in Richmond?
Richmond drivers pay higher premiums than the national average rate of $104 per month for liability coverage and $204 for full coverage. Rates can vary by city and ZIP code within Kentucky, but drivers in the state pay $283 per month, on average, for full-coverage insurance and $171 for liability coverage.
Kentucky drivers face higher rates due to a risk of tornadoes in the area that increases the chance of property damage. And car insurance tends to cost more in no-fault states because each driver’s insurer must cover costs following an auto accident, regardless of fault.
Drivers in Kentucky cities with high crime rates and traffic congestion may pay higher premiums than Richmond drivers. For example, drivers in Louisville pay significantly higher rates for car insurance than in Richmond.
More cities in Kentucky
On average, drivers in Richmond pay $163 per month for liability car insurance and $269 for full-coverage insurance. Compare the average cost of car insurance for drivers in other Kentucky cities.
City ▲▼ | Liability Only ▲▼ | Full Coverage ▲▼ |
|---|---|---|
| Bowling Green | $150 | $245 |
| Elizabethtown | $169 | $307 |
| Florence | $105 | $182 |
| Henderson | $159 | $291 |
| Lexington | $161 | $270 |
| Louisville | $265 | $391 |
| Madisonville | $132 | $274 |
| Owensboro | $119 | $184 |
| Paducah | $156 | $271 |
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers. Actual quotes may vary based on the policy buyer's unique driver profile.
Richmond car insurance FAQs
Looking for the right amount of coverage from the best insurer for you can feel overwhelming. The information below should help you navigate the process of finding car insurance in Richmond.
How much is car insurance in Richmond?
On average, Richmond drivers pay $269 per month for full coverage and $163 for liability coverage. Your specific rate depends on your driving record, age, credit history, chosen coverage, and more.
Which company has the cheapest car insurance in Richmond?
Auto-Owners has the cheapest liability insurance in Richmond, with a rate of $56 per month. State Farm and GEICO also offer cheap car insurance in Richmond, with respective monthly liability insurance rates of $58 and $66.
What are the best car insurance companies in Richmond?
State Farm is the best car insurance company in Richmond, due to its Insurify Quality (IQ) Score of 9.3 out of 5, an AM Best financial strength rating of A++ (Superior), and affordable coverage. Other top insurers include USAA, GEICO, and Auto-Owners.
What causes rates to increase in Kentucky?
Location-based factors like population, traffic congestion, crime rates, and weather can affect rates in different Kentucky cities and ZIP codes. Unfortunately, the state is prone to tornadoes, so insurers likely account for the added risk when determining premiums for Kentucky drivers.
Is Kentucky a no-fault state?
Yes. Kentucky is one of three “choice no-fault states.” This means drivers must purchase basic PIP coverage, and all drivers in the state have accepted tort rights — limitations on their rights to sue and be sued — unless rejected in writing and filed with the Kentucky Department of Insurance.
Methodology
Insurify data scientists analyzed more than 90 million quotes served to car insurance applicants in Insurify’s proprietary database to calculate the premium averages displayed on this page. These premiums are real quotes that come directly from Insurify’s 50+ partner insurance companies in all 50 states and Washington, D.C. Quote averages represent the median price for a quote across the given coverage level, driver subset, and geographic area.
Unless otherwise specified, quoted rates reflect the average cost for drivers between 20 and 70 years old with a clean driving record and average or better credit (a credit score of 600 or higher).
Liability-only premium averages correspond to policies with the following coverage limits:
- Bodily injury limits between state-minimum rates and $50,000 per person, $100,000 per accident
- Property damage limits between $10,000 and $50,000
- No additional coverage
- Comprehensive coverage with a $1,000 deductible
- Collision coverage with a $1,000 deductible
Quotes for Allstate, Farmers, GEICO, State Farm, and USAA are estimates based on Quadrant Information Services’ database of auto insurance rates.
Related articles
More cities in Kentucky
Sources
- Kentucky Department of Insurance. "No Fault Rejection/Verification (PIP)."
- Insurance Information Institute. "Auto insurance basics—understanding your coverage."
- Kentucky Transportation Cabinet. "Mandatory Insurance."
- Insurance Information Institute. "What determines the price of an auto insurance policy?."
)
Alani Asis
Alani Asis is a personal finance freelance writer with nearly three years of experience in content creation. She has landed bylines with leading publications and brands like Insider, Fortune, LendingTree, and more. Alani aims to make personal finance approachable through fun, relatable, and digestible content.
Licensed auto and home insurance agent
3+ years experience in insurance and personal finance editing
Katie uses her knowledge and expertise as a licensed property and casualty agent in Massachusetts to help readers understand the complexities of insurance shopping.
Featured in
)
)
)
)
)