By: Ishan Mukhopadhyay Jul. 03, 2018

According to a Raltin survey of car insurance premiums in Louisville, Kentucky, consumers can save between $902 and $5,353 depending on the companies they choose. The survey uses information from the latest auto and home insurance guide published by the Kentucky Department of Insurance. The results show the greatest difference between the median and cheapest car insurance prices for 52-year-old married men with 35 years of driving experience. The cheapest car insurance policy for this driver cohort is offered by Unitrin Direct Property & Casualty Company, while the median policy rate of $8,109 is offered by Liberty Mutual Fire Insurance Company.

For 45-year-old divorced men with 29 years of driving experience, the cheapest premium of $2,412 is offered by USAA General Indemnity Company. The difference from the median rate for this cohort is a significant $4,586. As for 23-year-old single men with seven years of driving experience, this difference is $1,342. For this cohort as well, Cincinnati Insurance Company offers the cheapest rate at $882.

For the 45-year-old divorced men, the most expensive premium is $49,472 and offered by Alfa Specialty Insurance Corporation. Nevertheless, consumers can save up to $4,586 by buying a median-priced premium ($6,998).

Cincinnati Insurance Company offers the cheapest car insurance premiums for 3 out of 6 driver cohorts analyzed for Louisville. On the other hand, Alfa Specialty Insurance Corporation offers the most expensive premiums for all six cohorts.

The following graph compares car insurance premium rates across companies in Louisville, Kentucky.

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The following table compares car insurance premiums by key companies in Louisville, Kentucky. In addition, the table lists the names of companies included in the study and the differences between the median and cheapest or most expensive rates.

CohortCheapest Car Insurance Companies in Louisville, KYSecond Cheapest Car Insurance Companies in Louisville, KYMedian Car Insurance Companies in Louisville, KYSecond Most Expensive Car Insurance Companies in Louisville, KYMost Expensive Car Insurance Companies in Louisville, KYDifference between the Cheapest and Median PricesDifference in Price between Most Expensive and Median Prices
45-year-old divorced men with 29 years driving experience USAA General Indemnity Company ($2,412)Cincinnati Insurance Company ($2,597)Allstate Property & Casualty Insurance Company ($6,998)Shelter General Insurance Company ($22,883)Alfa Specialty Insurance Corporation ($4,9472)$4,586$42,474
32-year-old married men with 16 years driving experienceCSAA Fire & Casualty Insurance Company ($615)Cincinnati Insurance Company ($647)Kentucky National Insurance Company ($1,683)Dairyland Insurance Company ($6,094)Alfa Specialty Insurance Corporation ($7579)$1,068$5,896
23-year-old single women with 7 years driving experience Cincinnati Insurance Company ($705)Bankers Standard Insurance Company ($752)Metropolitan Casualty Insurance Company ($1,951)Dairyland Insurance Company ($8,923)Alfa Specialty Insurance Corporation ($11,363)$1,246$9,412
52-year-old married men with 35 years driving experience Unitrin Direct Property & Casualty Company ($2,756)USAA General Indemnity Company ($2,812)Liberty Mutual Fire Insurance Company ($8,109)Allstate Indemnity Company ($24,901)Alfa Specialty Insurance Corporation ($42,478)$5,353$34,369
70-year-old widowed women with 50 years driving experienceCincinnati Insurance Company ($543)CSAA Fire & Casualty Insurance Company ($573)Meridian Security Insurance Company ($1,445)Sentinel Insurance Company, Limited ($7,228)Alfa Specialty Insurance Corporation ($8,478)$902$7,033
23-year-old single men with 7 years driving experience Cincinnati Insurance Company ($882)Geico General Insurance Company ($984)Allstate Insurance Company ($2,224)Dairyland Insurance Company ($8,209)Alfa Specialty Insurance Corporation ($11,278)$1,342$9,054


ABOUT THE AUTHOR

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Ishan Mukhopadhyay

Ishan has over 5 years of experience as a freelance journalist and a content writer. He graduated from The English and Foreign Languages University and holds a Masters degree from the University of Hyderabad. Apart from the English language, Ishan's other passion is data driven journalism.

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