+120 more*These quotes are from Compare.com users in and around Richmond, Kentucky within the last 10 days. Updated on July 1, 2026
*These quotes are from Compare.com users in and around Richmond, Kentucky within the last 10 days. Updated on July 1, 2026
Compared to their surrounding area, how do rates in Richmond stack up? What about against the rest of Kentucky? What should residents of Richmond expect to pay for their car insurance? You can find average cost breakdowns based on a wide array of factors in the charts and writeups below:
Area | Average Monthly Car Insurance Premium |
|---|---|
| Richmond | $108 |
| KY | $132 |
| United States | $81 |
Based on the chart above, you can see that coverage in Richmond typically costs about $24 a month less than it does in the rest of Kentucky.
Drivers relocating the Richmond should take note of the differences in average rates. You can expect to pay about $27 more for your policy in Richmond.
These rates may be the average amount Richmond residents pay for their insurance policy, but that doesn't mean it's exactly what you'll pay. Insurance companies take an array of factors into consideration when determining how much to charge you to insure your vehicle. The final dollar amount you'll be asked to pay each month is calculated off of your age, gender, vehicle make and model, driving record, and in some cases, your credit score.
We've broken down the average rates for Richmond to help you understand what exactly you might be asked to pay. And if you're not certain that you're paying the lowest option, simply enter your ZIP below and find out in just minutes!
We’ve broken down the cheapest car insurance companies in Richmond, Kentucky, in the table below.
Company  | Average Monthly Premium |
|---|---|
| Progressive | $69 |
| Auto-Owners | $73 |
| State Farm | $74 |
| National General | $87 |
| Auto-Owners | $88 |
| State Farm | $91 |
| Direct Auto | $100 |
| USAA | $100 |
| GEICO | $103 |
| USAA | $104 |
| Aspire General | $106 |
| Safeco | $106 |
| CSAA | $109 |
| Chubb | $110 |
| Sun Coast | $111 |
| USAA | $112 |
| Mercury | $113 |
| Erie | $114 |
| GEICO | $114 |
| Mercury | $115 |
| Elephant | $116 |
| National General | $116 |
| Root | $123 |
| Dairyland | $126 |
| The General | $130 |
| Allstate | $133 |
| GEICO | $135 |
| State Auto | $135 |
| Root | $136 |
| National General | $137 |
| Progressive | $137 |
| Bristol West | $139 |
| Trexis | $139 |
| Direct Auto | $140 |
| Allstate | $142 |
| Dairyland | $143 |
| Liberty Mutual | $145 |
| Farmers | $147 |
| Travelers | $147 |
| Anchor | $149 |
| Bristol West | $150 |
| Direct Auto | $150 |
| GAINSCO | $150 |
| Safeco | $152 |
| Allstate | $157 |
| Bristol West | $158 |
| State Farm | $160 |
| Kemper Special | $163 |
| Travelers | $167 |
| Trexis One | $167 |
| Insurify Car | $172 |
| Hugo | $180 |
| AssuranceAmerica | $181 |
| Kemper Rsvp | $181 |
| 21st Century | $182 |
| Liberty Mutual | $182 |
| Dairyland | $185 |
| Trexis | $186 |
| The General | $192 |
| Root | $193 |
| Travelers | $209 |
| Trexis One | $209 |
| Clearcover | $211 |
| Hugo | $228 |
| Shelter | $239 |
| Insurify Car | $264 |
| Chubb | $283 |
Age Range | Average Premium |
|---|---|
| Under 18 | Not Enough Data |
| 18-24 | $161 |
| 25-34 | $105 |
| 35-44 | $91 |
| 45-54 | $89 |
| 55-64 | $99 |
| 65+ | $90 |
It's pretty safe to assume that the older you are, the longer you've been driving, right? That experience can lead to some serious savings when it comes to auto insurance bills. According to the table above, you can see that 18-24-year-olds pay significantly more than drivers 65 and older.
For every 10 years, you can expect to see a decrease in your monthly premium. Once you hit retirement, however, you may see your rates rise again in Richmond.
Gender | Average |
|---|---|
| Male | $106 |
| Female | $110 |
Although female drivers pay, on average, less than male drivers for auto insurance coverage, Richmond actually goes against the grain. While female drivers pay $110 a month to insure their vehicle, males only pay about $106.
Infractions | Average Monthly Premium |
|---|---|
| 1 Accident | $129 |
| Multiple Accidents | $196 |
| 1 Ticket | $123 |
| Multiple Tickets | $94 |
Rates can vary wildly depending on your driving record. Those with fewer accidents and tickets will pay significantly less than those with multiple infractions. In Richmond, a driving record with one accident will usually get you a rate around $129 a month. Similarly, drivers with one ticket will typically pay around $123 on average.
Regardless of where you live, accidents, tickets, and other driving infractions can drive your monthly bill way up. So, if you're looking for cheap car insurance, drive carefully and keep a clean record.
Category | Price |
|---|---|
| Car | $110 |
| SUV | $108 |
| Truck/Van | $97 |
Vehicle Age | Average Monthly Premium |
|---|---|
| Less Than 1 Year | $124 |
| 2-3 Years | $97 |
| 4-5 Years | $139 |
| 6-7 Years | $116 |
| 8-10 Years | $104 |
| 11-14 Years | $115 |
| 15 Years or Older | $98 |
In Richmond, the cheapest vehicles to insure are typically trucks and vans, with drivers paying around $97 per month for auto insurance.
SUV drivers will see rates of about $108 for car insurance coverage, while car owners usually pay around $110 per month.
In addition to vehicle type, you can also expect to see slightly different rates depending on the age of your vehicle. Generally, the most expensive vehicles to insure are going to be newer ones. Once your car is around 5 years old, however, your monthly bill may start to dip back down. The most expensive vehicles to insure in Richmond are vehicles four-to-five years old.
Relationship | Average Monthly Premium |
|---|---|
| Single (never married) | $111 |
| Married | $98 |
| Divorced | $99 |
| Widowed | $79 |
Generally speaking, married policyholders will pay slightly less for auto insurance. This usually happens because companies will award special discounts to policyholders with multiple vehicles that are on the same policy.
According to the table above, the difference in rates based on relationship status in Richmond can be as much as $13 a month, so it's worth taking into consideration.
Housing Status | Average Monthly Premium |
|---|---|
| Own | $98 |
| Rent | $110 |
| Live with parents | $105 |
One other element taken into consideration is your living situation. If you rent your home or apartment, expect to pay around $12 a month more than if you own your own home in Richmond. But if you live with your parents, you can expect to pay a lot more.
Bundling your home or rental insurance and auto insurance policies can oftentimes reduce your average premiums, depending on your insurance company.
Category | Price |
|---|---|
| 2017 | $113 |
| 2018 | $125 |
| 2019 | $100 |
| 2020 | $93 |
| 2021 | $110 |
| 2022 | $110 |
The average rates for car insurance are constantly changing, so it's a good idea to know the recent trends in your area when deciding when and where to shop.
In Richmond, the rates for auto insurance increased from 2017-2018, before taking a downward turn from 2019-2020. They finished down in 2022, at $110.
Category | Price |
|---|---|
| LEXINGTON | $101 |
| SOMERSET | $105 |
| LONDON | $131 |
| WINCHESTER | $125 |
| HAZARD | $143 |
There are numerous factors car insurance companies take into consideration when deciding how much to charge for a monthly rate. Your insurance policy will depend largely on where you park your car and will be influenced by things such as:
Local regulations
Crime rates
Rate of car accidents
Number of drivers in the community
Off-street parking availability
An awareness of these factors is important when thinking about buying a new policy or potentially moving to a new home. Each area will have different rates. Guides like these are a wonderful place to get started.
While getting familiar with what the average costs are for drivers like you can be helpful as you get an idea of what you might pay, the only way to know exactly what your rate will be is by requesting a quote from car insurance companies.
But wait! Compare.com does all of that work for you. Just type in your ZIP Code below, answer a few questions on you and your vehicle, and you'll be comparing the cheapest quotes from the many car insurance companies that offer auto coverage in Richmond.
Car insurance companies take local factors into consideration when determining how much to charge for coverage. Things like parking situations, crime rates, and local laws -- which can vary from city to city -- can significantly affect your rate.
Since the factors that car insurance companies take into consideration when calculating the rate you might pay differ from person to person, there is no one insurance company that will offer the cheapest rate to everybody. Things like your driving record, the number of drivers on the policy, and vehicle make and model, plus a number of others, are all taken into account. Because of this, it's a good idea to use sites like Compare.com to compare multiple quotes at once.
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.
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 Richmond or just curious about rates in your area, why not take 10 minutes to see if Compare.com can save you money?
)
)
)
)
)
)
)
)
)
)
)
)
)
)
Compare.com's #1 goal is to save you money. We publish resources that are based on hard-hitting data and years of industry experience to help you make more informed decisions with your wallet.
Learn more about us, our team, and what makes us tick.
At Compare.com, it’s our mission to give you the tools to find the best (and most affordable) insurance for your unique needs and budget. We strive to provide information that’s helpful, clear, and unbiased, and we believe that comparing insurance companies should never put you at risk of spam. Our editorial team — which is made up of experienced writers, editors, insurance agents, and data analysts — has spent thousands of hours researching and creating the coverage overviews, side-by-side comparisons, and detailed reviews you see across our site.
While we make money through partnerships with some of the brands we discuss in our articles, our editorial team operates 100% independently, and these partners never influence or affect the topics, reviews, ratings, or recommendations we provide. We never guarantee favorable reviews or mentions in exchange for compensation from any brands or partners, and we uphold strict editorial standards to ensure our content is always independent, truthful, and unbiased.