Nicholasville, KY Car Insurance

Residents of Nicholasville pay around $110 monthly for their car insurance coverage. To find out more check out our guide below.
What can Nicholasville residents expect to pay for their car insurance? How does Nicholasville 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 Nicholasville?

Area Average Monthly Car Insurance Premium
Nicholasville$110
KY$132
United States$81

According to the chart above, the average cost of auto insurance in Kentucky is about $22 a month more expensive than it is in Nicholasville.

Conversely, Nicholasville residents will likely pay higher rates to insure their vehicle than in the rest of the country. The average monthly payment for the rest of the U.S. is about is about $29 cheaper than it is in Nicholasville.

Although these are the average car insurance rates in Nicholasville, you could end up paying something different. There are a variety of factors that insurance companies consider when determining how much to charge you for insurance. Things like age, gender, vehicle make and model, driving record and, in some areas, credit score can all play a part in the bill you'll see each month.

Don't worry, we've done the work for you and broken down average rates for Nicholasville to help you get a more accurate idea of what you'll be charged for your policy. And if you're not sure that you're paying the lowest option, simply enter your ZIP below and find out!

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Average Car Insurance Rates by Age

Age Range Average Premium
Under 18Not Enough Data
18-24$148
25-34$116
35-44$103
45-54$94
55-64$84
65+$63

The longer you've been behind the wheel, the more experienced of a driver you are. That experience can lead to some serious savings when it comes to car insurance premiums. As you can see, 18-24-year-olds pay two times the price that drivers 65 and older.

You can expect to see your monthly premium drop about once a decade or so. You may see your rates rise again once you hit retirement in Nicholasville.

Average Car Insurance Rates by Gender

Gender Average
Male$110
Female$110

Car insurance rates for women are generally cheaper than they are for men. In Nicholasville, however, male and female drivers both pay about the same rate for car insurance.

Average Auto Insurance Rates by Driving Record

Infractions Average Monthly Premium
1 Accident$141
Multiple Accidents$141
1 Ticket$122
Multiple Tickets$131

One of the biggest factors in determining your car insurance rates is your driving record. A clean driving record will get you a lower rate than one with even just a single accident or infraction. In Nicholasville, having a single accident on your record will usually get you rates around $141 a month. Likewise, drivers with one ticket will be looking at a rate of around $122 a month on average.

Wherever you live, accidents, tickets, and other driving infractions will almost certainly drive up your monthly bill. So, if cheap car insurance is something you're after, drive safely and keep a clean record.

Average Insurance Rates by Vehicle

Vehicle Age Average Monthly Premium
Less Than 1 Year$110
2-3 Years$100
4-5 Years$109
6-7 Years$107
8-10 Years$105
11-14 Years$124
15 Years or Older$106

In terms of affordable coverage, the cheapest vehicles to insure in Nicholasville are typically trucks and vans, at $99 per month.

Car owners can expect to pay an average of around $115 a month for their policy, while SUVs usually cost around $106 a month to insure.

The age of your vehicle also plays a role in your monthly payment. Generally, newer vehicles are going to cost the most to insure. However, once your car is about 5 years old, you may start to see your monthly premium drop back down. The most expensive vehicles to insure in Nicholasville are vehicles eleven-to-fourteen years old.

Average Car Insurance Rates by Relationship Status

Relationship Average Monthly Premium
Single (never married)$115
Married$92
Divorced$93
Widowed$104

Overall, those who are currently married will pay slightly less for auto insurance. This usually boils down to owners having multiple vehicles on the same policy, something many companies extend special discounts for.

In Nicholasville, the difference in rates based on relationship status can be as much as $23 a month.

Average Car Insurance Rates by Housing Situation

Housing Status Average Monthly Premium
Own$99
Rent$113
Live with parents$127

Another factor taken into consideration is your living situation. If you rent your home or apartment in Nicholasville, expect to pay around $14 a month more than if you are a homeowner. But if you live with your parents, you can expect to pay a lot more.

That being said, many companies will offer you a discount if you bundle your homeowners or rental insurance policy with your auto insurance.

Car Insurance Companies in Nicholasville, KY

Recent trends in car insurance for Nicholasville drivers

Average rates are constantly changing, so it's a good idea to know the direction your area is trending when choosing when and where to shop.

In Nicholasville, car insurance rates increased from 2017-2018, but began to decrease from 2019-2020, when they reached a low of $100. Rates finished down in 2022, at $116 a month.

How does Nicholasville compare to neighboring areas?

Why are car insurance rates in Nicholasville different from other areas?

When considering how much to charge for a monthly rate, car insurance companies will consider many factors. While we mentioned the factors that affect your personal policy, others are based around where you live. These include things like:

  • Number of drivers in the area
  • General road safety (how many accidents each locality has)
  • Area regulations
  • Off-street parking access
  • Rate of crime

Knowing the make-up of these factors can be helpful when deciding on purchasing a new policy or thinking about making a move. Knowing that different towns and cities will all have different rates, guides like these can be a good way to get a lay of the land of your particular neighborhood.

How can I find the cheapest car insurance in Nicholasville?

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.

But hold on! Compare.com does all of that work for you. Put in your ZIP Code below, answer a few questions on you and your car, and you'll be comparing the cheapest quotes from numerous car insurance companies offering coverage in Nicholasville.

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Nicholasville Insurance FAQs

What factors affect car insurance quotes in Nicholasville?

Car insurance companies calculate quotes based on a wide array of factors. These include things you can't control 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 Nicholasville different from other neighboring cities?

Auto insurance companies consider regional factors, such as local laws, crime rates, and parking situations 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 Nicholasville?

There isn't one company that will offer the cheapest rate to everybody. What companies will charge you are based on many different factors that vary from person to person, such as your driving record, what kind of car you drive, how many drivers will be on your policy, and a number of other factors. Because of this, it's a good idea to use sites like Compare.com to compare multiple quotes at once. That way, you can be confident you're getting the best price.

Do I need to change my insurance if I move to Nicholasville?

Whenever you relocate or experience another major life event, such as getting married or finding a new job, you should consider re-evaluating your current insurance policy. By using services like Compare.com to compare quotes from multiple companies at once, you can be sure to capture any new savings brought about by your new situation.

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

No. Regardless of how much time is left on your current policy, you can switch companies at any time. So, whether you're considering moving to Nicholasville or just curious if you're getting the best rates, why not take 10 minutes and see if Compare.com can save you some extra cash?

Find your best rate in just a few minutes