Nicholasville, KY Car Insurance

On average, drivers in Nicholasville pay around $107 per month for their car insurance. To find out more check out our guide below.
Compared to their surrounding area, how do rates in Nicholasville stack up? What about against the rest of Kentucky? What should residents of Nicholasville expect to pay for their car insurance? See what factors contribute to determining the average cost in our detailed charts and breakdowns below:  

How much is car insurance in Nicholasville?

Area Average Monthly Car Insurance Premium
Nicholasville$107
KY$132
United States$80

Based on the chart above, you can see that it's about $25 a month cheaper to insure your vehicle in Nicholasville than it is in the rest of Kentucky.

On the other hand, the expected monthly payments for an auto insurance policy in Nicholasville are above the national average. You can expect to pay about $27 more for your policy in Nicholasville.

Bear in mind that while these rates represent the expected monthly payments for Nicholasville drivers, it doesn't mean that's what you'll pay. There are a variety of factors that car insurance companies consider to determine how much to charge you to insure your vehicle. Your bill each month is calculated off of your age, gender, vehicle make and model, driving record, and in some cases, your credit score.

But don't worry, we've broken down the average rate for Nicholasville residents based on several different factors so that you can get a more accurate idea of the bill you'll see each month. And if you're not sure that you're paying the lowest option, simply enter your ZIP Code below and find out!

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Average Car Insurance Rates by Age

Age Range Average Premium
Under 18Not Enough Data
18-24$146
25-34$114
35-44$96
45-54Not Enough Data
55-64$82
65+$64

It makes sense that the older you are, the more experience you have driving, right? That experience pays off when it comes to auto insurance. As you can see, 18-24-year-olds pay $82 more than drivers 65 and older.

For every ten years older you get, you can expect to see a drop in your monthly premium. Once you hit retirement age, however, you may see your rates creep back up a bit in Nicholasville.

Average Car Insurance Rates by Gender

Gender Average
Male$109
Female$106

Car insurance rates for men are usually slightly more expensive than they are for women. While female drivers pay a little bit less than male drivers on their monthly auto insurance coverage, the difference in Nicholasville is only about $3 per month.

Average Auto Insurance Rates by Driving Record

Infractions Average Monthly Premium
1 Accident$138
Multiple Accidents$137
1 TicketNot Enough Data
Multiple TicketsNot Enough Data

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. Drivers in Nicholasville with a single accident on their record will usually see rates around $138 a month.

Accidents, tickets, and other driving infractions can really cost you when it comes to your monthly rate. 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 Year$96
2-3 Years$91
4-5 Years$112
6-7 Years$105
8-10 Years$101
11-14 Years$121
15 Years or Older$101

As you can see in the first table above, the cheapest vehicles to insure in Nicholasville are typically SUVs, which run about $99 per month.

Truck and van drivers will see rates of about $100, while the rates for car owners average out to about $112 a month.

Vehicle age has an impact on the cost of your policy as well. Generally, newer vehicles are going to be the most expensive to insure. However, once your car is around 5 years old, you might start to see your rates slide back down slightly. In Nicholasville, the most expensive vehicles to insure are vehicles eleven-to-fourteen years old.

Average Car Insurance Rates by Relationship Status

Relationship Average Monthly Premium
Single (never married)$112
Married$90
Divorced$92
Widowed$104

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

At a national level, married drivers usually pay less than single drivers for auto insurance. This holds true for Nicholasville as well, where the difference is around $22 a month.

Average Car Insurance Rates by Housing Situation

Housing Status Average Monthly Premium
Own$97
Rent$109
Live with parents$137

Your housing situation is another factor that affects your monthly rate. Renters can expect to pay around $12 a month more than drivers who own property in Nicholasville. Those who live with their parents, however, 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.

The rates for car insurance in Nicholasville rose from 2016-2018, but shifted in 2019. They decreased until 2020, when they hit a low of $100, and finished up in 2021, at $106 per month.

How does Nicholasville compare to neighboring areas?

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

There are a number of factors car insurance companies will consider when figuring out how much to charge for a monthly rate. The price of your insurance policy will depend largely on where you live and drive and will be influenced by things such as:

  • Local regulations
  • Total number of drivers in the area
  • Road Safety (frequency of local car accidents)
  • Amount of off-street parking
  • Rate of crime

A decent level of familiarity with these factors can be helpful when you're ready to purchase of a new policy or thinking about making a move. Each area will have different rates. Guides like these are a wonderful place to get started.

How can I find the cheapest car insurance in Nicholasville?

Arming yourself with information about the average costs for drivers in your area will better prepare you for the real deal. The only way to know for sure what your rate will be is by asking for a quote from car insurance companies.

But hold on! Compare.com has you covered. Put in your ZIP below, answer a few questions, and you'll be comparing the cheapest quotes from numerous car insurance companies offering policies in Nicholasville in no time.

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Nicholasville Insurance FAQs

What factors affect car insurance quotes in Nicholasville?

Auto insurance companies take a wide array of factors into consideration when calculating your monthly payment. These include things like your vehicle's year, make and model, your gender and age, as well as your credit score, address, marital status and driving record.

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

Parking situations, local laws, and crime rates -- all of which can change from city to city -- play a large role in the rates that car insurance companies may charge for coverage.

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

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 Nicholasville?

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 Nicholasville 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