- Richmond car insurance averages $2,518 per year, or around $210 per month for a full coverage policy.
- The cost to insure a car in Richmond is $82 per year less than the Kentucky state average and $297 per year more than the U.S. national average car insurance rate.
- SUV models like the Buick Envision, Kia Soul, and Chevrolet Trailblazer are a few picks for the cheapest car insurance in Richmond.
- Vehicles with the cheapest car insurance in their respective segments include the Acura RDX (compact luxury SUV), Subaru Crosstrek (compact SUV), Jaguar E-Pace (midsize luxury SUV), and Chrysler 300 (full-size car).
How much is car insurance in Richmond, KY?
The average car insurance cost in Richmond is $2,518 per year, which is 12.5% more than the overall U.S. national average rate of $2,221. Average car insurance cost per month in Richmond is $210 for a policy that provides full coverage.
Average auto insurance cost in Kentucky is $2,600 per year, so Richmond drivers pay an average of $82 less per year than the overall Kentucky rate.
When compared to other larger cities in Kentucky, the average cost of insurance in Richmond is about $80 per year more than in Owensboro, $14 per year less than in Covington, and $816 per year cheaper than in Louisville.
The age of the rated driver has a significant impact the price you pay for car insurance, so the list below details how age impacts cost by breaking down average car insurance rates in Richmond for drivers from 16 to 60.
Richmond, KY, car insurance cost by driver age
- 16-year-old rated driver – $8,971 per year or $748 per month
- 17-year-old rated driver – $8,693 per year or $724 per month
- 18-year-old rated driver – $7,787 per year or $649 per month
- 19-year-old rated driver – $7,092 per year or $591 per month
- 20-year-old rated driver – $5,068 per year or $422 per month
- 30-year-old rated driver – $2,688 per year or $224 per month
- 40-year-old rated driver – $2,518 per year or $210 per month
- 50-year-old rated driver – $2,234 per year or $186 per month
- 60-year-old rated driver – $2,090 per year or $174 per month
The next chart shows examples of average Richmond car insurance cost broken out for a number of different driver ages and risk profiles. Rates are averaged for all 2024 model year vehicles including luxury brand cars and SUVs.
Average rates in the chart above range from $2,090 per year for a 40-year-old driver with many policy discounts to $5,794 per year for a 20-year-old driver who is required to buy high-risk auto insurance. The overall average rate we use for comparison of different segments, models, and locations is the 40-year-old safe driver rate, which has an average cost of $2,518 per year in Richmond.
As a monthly amount, average car insurance cost in Richmond ranges from $174 to $483 for the same driver ages shown in the chart.
Top 50 cheapest cars to insure in Richmond
The vehicles with the cheapest car insurance quotes in Richmond, KY, tend to be crossovers and small SUVs like the Kia Soul, Subaru Crosstrek, and Toyota Corolla Cross. Average insurance prices for models in the top 10 cost $172 or less per month for a full coverage policy.
Examples of other models that are ranked high in the cost comparison table are the Subaru Outback, Honda CR-V, Buick Envista, and Acura RDX.
Rates are slightly more for those models than the small SUVs and crossovers that rank at the top, but they still have average rates of $2,194 or less per year, or around $183 per month in Richmond.
The following table breaks down the top 50 models with the cheapest car insurance rates in Richmond, ordered by annual cost.
| Rank | Make/Model | Annual Premium | Cost Per Month |
|---|---|---|---|
| 1 | Subaru Crosstrek | $1,860 | $155 |
| 2 | Chevrolet Trailblazer | $1,894 | $158 |
| 3 | Kia Soul | $1,968 | $164 |
| 4 | Nissan Kicks | $1,982 | $165 |
| 5 | Honda Passport | $2,006 | $167 |
| 6 | Buick Envision | $2,018 | $168 |
| 7 | Toyota Corolla Cross | $2,028 | $169 |
| 8 | Hyundai Venue | $2,046 | $171 |
| 9 | Mazda CX-5 | $2,052 | $171 |
| 10 | Ford Bronco Sport | $2,064 | $172 |
| 11 | Volkswagen Tiguan | $2,084 | $174 |
| 12 | Acura RDX | $2,104 | $175 |
| 13 | Nissan Murano | $2,116 | $176 |
| 14 | Buick Encore | $2,140 | $178 |
| 15 | Subaru Outback | $2,146 | $179 |
| 16 | Honda CR-V | $2,148 | $179 |
| 17 | Buick Envista | $2,154 | $180 |
| 18 | Volkswagen Taos | $2,158 | $180 |
| 19 | Kia Niro | $2,168 | $181 |
| 20 | Toyota GR Corolla | $2,188 | $182 |
| 21 | Subaru Ascent | $2,192 | $183 |
| 22 | Honda HR-V | $2,194 | $183 |
| 23 | Nissan Leaf | $2,206 | $184 |
| 24 | Chevrolet Colorado | $2,218 | $185 |
| 25 | Honda Civic | $2,228 | $186 |
| 26 | Lexus NX 250 | $2,228 | $186 |
| 27 | Volkswagen Atlas | $2,234 | $186 |
| 28 | Acura Integra | $2,240 | $187 |
| 29 | Subaru Forester | $2,240 | $187 |
| 30 | Volkswagen Atlas Cross Sport | $2,242 | $187 |
| 31 | Kia Seltos | $2,250 | $188 |
| 32 | GMC Terrain | $2,254 | $188 |
| 33 | Nissan Rogue | $2,264 | $189 |
| 34 | Hyundai Kona | $2,266 | $189 |
| 35 | Mazda CX-30 | $2,272 | $189 |
| 36 | Cadillac XT4 | $2,276 | $190 |
| 37 | Ford Explorer | $2,286 | $191 |
| 38 | Volkswagen ID4 | $2,286 | $191 |
| 39 | Toyota Highlander | $2,290 | $191 |
| 40 | Toyota Venza | $2,296 | $191 |
| 41 | Ford Escape | $2,298 | $192 |
| 42 | Honda Odyssey | $2,302 | $192 |
| 43 | Nissan Sentra | $2,308 | $192 |
| 44 | Subaru Impreza | $2,316 | $193 |
| 45 | Chevrolet Equinox | $2,320 | $193 |
| 46 | Toyota RAV4 | $2,324 | $194 |
| 47 | Mazda MX-5 Miata | $2,330 | $194 |
| 48 | Mazda MX-30 | $2,338 | $195 |
| 49 | Hyundai Tucson | $2,342 | $195 |
| 50 | Chevrolet Traverse | $2,350 | $196 |
Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Uninsured Motorist (UM), Underinsured Motorist (UIM) and medical payments coverages are included. Premium is averaged for all trim levels available for each vehicle and also for all Richmond, KY Zip Codes. Updated June 27, 2025
Additional vehicles that rank in the top 50 above include the Mazda CX-30, the Chevrolet Equinox, the Kia Seltos, the Subaru Impreza, and the Acura Integra. Car insurance rates for those vehicles cost between $2,194 and $2,354 per year.
In contrast to the vehicles with cheap rates, a few vehicles that cost more to insure include the Hyundai Sonata that averages $213 per month, the Audi S3 which costs $236, and the Lexus LC 500h which averages $314.
And for very high-priced insurance, high-performance and luxury models like the Mercedes-Benz Maybach GLS 600, Audi RS 6, and BMW M760i have average rates that can cost as much as triple the rates of the cheapest vehicles.
The section below goes into the cost of insurance based on different automotive segments. The average rates shown should provide a good idea of the general vehicle types that have the overall most affordable average car insurance rates.
Average cost to insure by segment
Some types of vehicles are inherently more expensive to insure than others. As a general rule, small and midsize SUVs, vans and minivans, and midsize pickup trucks have the most affordable average car insurance rates, while luxury and performance models tend to cost the most to insure.
The chart below displays average auto insurance cost by vehicle segment in Richmond.
When comparing rates by segment, it’s important to understand that rates can vary substantially within each segment.
For example, in the midsize luxury car segment, car insurance rates in Richmond range from the Mercedes-Benz CLA250 costing $2,592 per year up to the BMW M8 at $4,246 per year, a difference of $1,654 just within that segment.
In the small luxury SUV segment, insurance rates range from the Acura RDX at $2,104 per year up to the Aston Martin DBX costing $4,906 per year, a difference of $2,802 within that segment.
Lastly, in the midsize SUV segment, the average cost of insurance can range from the Honda Passport costing $2,006 per year to the Rivian R1S costing $3,098 per year, a difference of $1,092 just for that segment.
In the list below, we detail the model with the cheapest overall insurance rates in Richmond, KY, in each automotive segment. Annual and monthly average car insurance quotes are displayed for each vehicle.
- Cheapest compact car insurance – Toyota GR Corolla at $2,188 per year or $182 per month
- Cheapest compact SUV insurance – Subaru Crosstrek at $1,860 per year or $155 per month
- Cheapest midsize car insurance – Kia K5 at $2,428 per year or $202 per month
- Cheapest midsize SUV insurance – Honda Passport at $2,006 per year or $167 per month
- Cheapest full-size car insurance – Chrysler 300 at $2,400 per year or $200 per month
- Cheapest full-size SUV insurance – Chevrolet Tahoe at $2,366 per year or $197 per month
- Cheapest midsize pickup insurance – Chevrolet Colorado at $2,218 per year or $185 per month
- Cheapest full-size pickup insurance – Nissan Titan at $2,354 per year or $196 per month
- Cheapest heavy duty pickup insurance – GMC Sierra 2500 HD at $2,564 per year or $214 per month
- Cheapest minivan insurance – Honda Odyssey at $2,302 per year or $192 per month
- Cheapest sports car insurance – Mazda MX-5 Miata at $2,330 per year or $194 per month
- Cheapest compact luxury car insurance – Acura Integra at $2,240 per year or $187 per month
- Cheapest compact luxury SUV insurance – Acura RDX at $2,104 per year or $175 per month
- Cheapest midsize luxury car insurance – Mercedes-Benz CLA250 at $2,592 per year or $216 per month
- Cheapest midsize luxury SUV insurance – Jaguar E-Pace at $2,354 per year or $196 per month
- Cheapest full-size luxury car insurance – Audi A5 at $2,992 per year or $249 per month
- Cheapest full-size luxury SUV insurance – Infiniti QX80 at $2,826 per year or $236 per month