Mount Sterling, KY Car Insurance

Drivers in Mount Sterling pay around $101 a month for their car insurance. We cover plan rates, policies and more in our guide below.
What can Mount Sterling residents expect to pay for their car insurance? How does Mount Sterling compare to the surrounding area and the rest of Kentucky? You can see the cost breakdowns and contributing factors in the charts and writeups below:  

How much is car insurance in Mount Sterling?

Area Average Monthly Car Insurance Premium
Mount Sterling$101
KY$132
United States$80

According to the chart above, the average cost of auto insurance in Kentucky is about $31 a month more expensive than it is in Mount Sterling.

Drivers relocating the Mount Sterling should take note of the differences in average rates. The average monthly payment for the rest of the U.S. is about is about $21 cheaper than it is in Mount Sterling.

Keep in mind that these are the average auto insurance rates for Mount Sterling, and that the rate you get could end up being something different. Insurance companies weigh a variety of factors when determining how much to charge you to get auto insurance. Your monthly premium is calculated off of your age, gender, vehicle make and model, driving record, and even your credit score depending on the circumstances.

But worry not, we've done the heavy lifting and broken down the average rate for Mount Sterling to help you understand what exactly you might be asked to pay. And if you think you might be overpaying for insurance, simply enter your ZIP below to learn more about rates in your area!

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Average Car Insurance Rates by Age

Age Range Average Premium
Under 18Not Enough Data
18-24$155
25-34$94
35-44$95
45-54$98
55-64$84
65+$41

More time behind the wheel makes you a more experienced driver. It also makes sense that the more experienced of a driver you are, the safer you are. According to the table above, you can see that 18-24-year-olds pay twice as much as drivers 65 and older.

For every ten years older you get, you can expect to see a drop in your monthly premium. Mount Sterling drivers may see their rates climb back up once they hit retirement.

Average Car Insurance Rates by Gender

Gender Average
Male$102
Female$101

In general, car insurance rates for women are usually cheaper than they are for men. In Mount Sterling, although women do pay a bit less on their monthly premiums, the price is about the same for either group.

Average Auto Insurance Rates by Driving Record

Infractions Average Monthly Premium
1 Accident$112
Multiple Accidents$94
1 TicketNot Enough Data
Multiple TicketsNot Enough Data

One of the biggest factors in determining your car insurance rates is your driving record. Those with fewer accidents and tickets will pay less than those with multiple infractions. Drivers in Mount Sterling with a single accident will pay around $112 a month.

When it comes to your monthly bill, accidents, tickets, and other driving infractions can really take a toll. In order to reduce your monthly bill and get the cheapest car insurance possible, keep your record clean and drive carefully.

Average Insurance Rates by Vehicle

Vehicle Age Average Monthly Premium
Less Than 1 YearNot Enough Data
2-3 Years$98
4-5 Years$100
6-7 Years$90
8-10 Years$98
11-14 Years$112
15 Years or Older$100

According to the first table above, trucks and vans are by and large the cheapest vehicles to insure in Mount Sterling, with drivers paying around $96 per month for auto insurance.

SUV drivers will see rates of about $101 to insure their car, while car owners typically pay around $102 a month.

In addition to vehicle type, you can also expect to see slightly different rates based on how old your vehicle is. Generally, the most expensive vehicles to insure are going to be newer ones. However, once your car is around 5 years old you may start to see your rates drop back down a bit. The most expensive vehicles to insure in Mount Sterling are vehicles eleven-to-fourteen years old and fifteen years and older.

Average Car Insurance Rates by Relationship Status

Relationship Average Monthly Premium
Single (never married)$104
Married$89
Divorced$89
Widowed$153

More often than not, married policyholders will pay slightly less for insurance coverage. This usually happens because companies will extend special discounts to policyholders with multiple vehicles that are on the same policy.

On a national scale, married drivers typically pay less than single drivers for auto insurance. Mount Sterling is no exception, with the difference totaling to around $15 a month.

Average Car Insurance Rates by Housing Situation

Housing Status Average Monthly Premium
Own$101
Rent$100
Live with parents$245

Another factor taken into consideration is your housing situation. Renters can expect to pay around $1 a month less than drivers who own property in Mount Sterling. But those who live at home with their parents can expect to pay significantly more.

If you bundle your home or rental insurance and auto insurance policies, you can oftentimes reduce your overall costs, depending on your insurance company.

Car Insurance Companies in Mount Sterling, KY

Recent trends in car insurance for Mount Sterling drivers

Car insurance rates are frequently changing, so it's in your best interest to understand which way your area is trending before choosing when and where to shop.

The cost of car insurance in Mount Sterling declined from 2018-2020, before leveling out in 2021. Policy premiums finished up in 2021, at $96 per month

How does Mount Sterling compare to neighboring areas?

Why are car insurance rates in Mount Sterling different from other areas?

There are a lot of factors car insurance companies take into consideration when choosing how much to charge for a monthly rate. A few of these factors affecting your personal policy have already been mentioned, but others are based around where you park your car. These include things like:

  • Regional laws
  • Amount of off-street parking
  • Amount of drivers in the region
  • Number of car accidents
  • Rate of crime

It's good to be aware of these factors (even though you may not be able to do much to change them) as you shop for a new policy or consider making a move. Different cities and towns will each have different rates, so guides like these are a handy way to learn more.

How can I find the cheapest car insurance in Mount Sterling?

While understanding what the average costs are for drivers like you can be helpful as you get an idea of what you might end up paying, the only way to know exactly what your rate will be is by requesting a quote from car insurance companies.

Luckily, Compare.com has you covered. Put in your ZIP Code below, answer a few questions, and you'll be comparing the cheapest quotes from a number of the car insurance companies offering coverage in Mount Sterling in no time.

Compare the cheapest quotes from dozens of insurance companies

Mount Sterling Insurance FAQs

What factors affect car insurance quotes in Mount Sterling?

Car insurance companies calculate quotes based on a wide array of factors. These include things like your age and gender, but also factors like your vehicle's year, make and model, as well as your driving record, credit score, marital status, and address.

Why is the cost of car insurance in Mount Sterling different from other neighboring cities?

Auto insurance companies consider regional factors, such as local laws, parking situations, and crime rates into account when calculating the monthly rate for coverage. Since these can all vary from city to city the rates you may see can differ from neighboring areas.

Which car insurance company will offer me the cheapest rate in Mount Sterling?

Since the factors that go into calculating your monthly payment vary from person to person, there isn't one company that will always offer the cheapest rate to everybody. You can be confident that you're receiving the best price possible however, by using sites like Compare.com to compare multiple quotes at once.

Do I need to change my insurance if I move to Mount Sterling?

Whenever you move to a new area, or experience any other major life event such as getting married or finding a new job, it's always a good idea to re-evaluate your current insurance policy. Certain companies may offer larger discounts in certain cities, so it's a smart idea to use services like Compare.com to compare quotes from dozens of companies side-by-side.

Do I need to wait for my policy to expire to switch to a different car insurance company?

No. In fact, you can swap companies at any point, regardless of how much time is left on your current coverage. So, whether you're moving to Mount Sterling or just curious about rates in your area, why not take 10 minutes to see if Compare.com can save you money?

Find your best rate in just a few minutes