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Get Cheap Car Insurance in Albert Lea, MN

We monitor insurance prices, helping the average driver in Albert Lea save up to 30.5% on car insurance.

 

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The Cheapest Minimum Coverage in Albert Lea

The chart below shows the cheapest car insurance company in Albert Lea for a driver with a good record seeking minimum coverage on a mid-grade used vehicle. Values are estimated, and premiums may be lower or higher, but should be in an accurate order for a good driver. In general, drivers with good records will get the best prices through State Farm, followed by Auto-Owners Insurance, Kemper, and American Family Insurance.

 
Albert Lea Insurer Monthly Cost
State Farm $49
Auto-Owners Insurance $54
Kemper $57
American Family Insurance $58

Savings for Every Kind of Albert Lea Driver

The table shows how much the average auto insurance customer in Albert Lea might save by following our recommendations.

Based on our extensive insurance data, we know the average Albert Lea driver will save about 27% on car insurance. This isn’t marketing: this is unbiased data with no financial influence. The best auto insurance company depends on factors such as your driving record, home location, credit score, marital status, and age. The average driver will find themselves saving $415 per year by choosing the right vehicle insurance company. Some Albert Lea residents are paying out over $1,541 extra every year for auto insurance in Albert Lea. That cost may be even higher if you haven’t requested a new quote as your life situation changed.

Situation
Albert Lea, MN Savings / Yr.
Drivers with good records
$415
Drivers with accidents
$522
Drivers with speeding tickets
$336
Drivers with a DUI conviction
$682
Young drivers
$1,170
Married drivers
$346
Drivers with bad credit
$911

Albert Lea Car Insurance vs. Minnesota

People living in Albert Lea pay an average of 4.04% less than the typical driver in the state. The average driver in Albert Lea can expect to pay about $797 per year, or $1,541 for full coverage.

Based on our analysis, Farm Bureau will be the cheapest provider in Albert Lea for most people.

Car Insurance Prices by Albert Lea Neighborhood

Albert Lea, MN map of insurance costs by zip code and neighborhood

Insurance Prices

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Where is insurance cheapest within Albert Lea?

The map shows insurance prices in and around Albert Lea, with more expensive areas in red and places with cheaper car insurance in green. Insurance can vary by as much as $183 per year within the city boundaries, with insurance premiums ranging from a high of $1,648 to a low of $1,465. Insurance prices tend to be higher for those living in the East area, and lower for those with homes in the Northwest parts of Albert Lea.

Pick the Best Car Insurance Company for You in Albert Lea

We have analyzed insurance costs for auto insurance customers based on the major variables that impact pricing. The results of our analysis are below, including US dollar savings. What about when you meet one or more of the criteria? For example, if you have both a DUI and a speeding ticket? Simply start with the Albert Lea insurance provider for whom we have posted the highest savings dollar figure.

The best car insurance provider for most drivers in Albert Lea

For drivers with clean driving records and no major strikes, Farm Bureau is the best option, with annual savings of $415 over the average Albert Lea car insurance company.

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We use the average good driver, paying $94 per month, as our baseline for pricing in Albert Lea. State Farm, Travelers, and Farm Bureau are all good choices for quotes if you have a clean record. See also the best providers for married people if you are married, and look for repeated company names.

The best car insurance provider for Albert Lea drivers with accidents on their records

In Albert Lea getting into an accident will raise premiums an average 32% for a yearly cost of $2,267. That's $725 per year more than a driver with no at-fault crashes on their driving record might pay. To avoid paying out more than you need to, State Farm, Progressive, and Nationwide are good choices for drivers with accidents.

In our analysis, State Farm saved the average person who had been in an accident the most, with annual savings averaging $522 over the competition.

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The best car insurance company for Albert Lea drivers with speeding tickets

>Nationwide gave the average person with a speeding ticket the most savings, averaging $336 better than other car insurance companies.

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Depending on the insurance company, a speeding ticket can actually raise insurance premiums more than getting in an accident. In Albert Lea, tickets raise premiums on new quotes about $320. If you have a speeding ticket, we recommend State Farm, Progressive, and Nationwide for savings that beat the average insurance cost of $1,861 per year.

The best auto insurance for Albert Lea drivers with a DUI conviction

Getting a DUI can increase the cost of insurance dramatically. The average person with a DUI paid $2,653 per year in auto insurance premiums, which was $1,112 more than a driver with no major issues. State Farm, Nationwide, and American Family Insurance penalized their customers the least for a DUI.

Getting a quote from State Farm may cost the average person with a DUI about $682 less each year.

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The least expensive car insurance company for new and young drivers in Albert Lea

In Albert Lea, State Farm costs young drivers $1,170 less each year versus the average auto insurance bill.

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Teen drivers account for more than their share of accidents, and thus end up paying about 62% more for insurance than more mature drivers in Albert Lea. With an average cost of $4,028 per year (for young drivers who aren't on a parent's plan), car insurance for inexperienced drivers can’t ever be called "cheap." A few companies like State Farm, Travelers, and Auto-Owners Insurance try to attract these younger drivers with lower prices in the hopes that they will stay with the company.

The best marriage discounts for vehicle insurance in Albert Lea

Not everything is an excuse for the auto insurance companies to charge you more. Getting married provides an average discount of $125. State Farm, Auto-Owners Insurance, and American Family Insurance provided the largest discounts to couples living in Albert Lea.

State Farm gave the largest car insurance discounts to married couples, averaging $346 saved each year compared to an average Albert Lea couple's premiums.

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The cheapest car insurance in Albert Lea for drivers with bad credit

People with poor credit saved an average of $911 with Nationwide.

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Many people are surprised that their poor credit score can cost them an average of $1,441 every year. Premiums for people with poor credit were about $2,982 in Albert Lea. However, some insurance companies do not take credit score into account. If you have a credit score below 575, get quotes from State Farm, Geico, and Nationwide.

The best Albert Lea car insurance company for customer service

Many car insurance companies over the years have struggled with customer service. In Albert Lea, the National Association of Insurance Commissioners (NAIC) ranks Nationwide as the best. Another valuable metric: JD Power ranks Farmers Insurance as the best provider in Albert Lea.

Nationwide was the best company for customer service in Albert Lea according to the NAIC.

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Recent price drops

Due to improvements in our tracking and methodology, we are unable to show price change data for the most recent year. This data will return next year (2023).

In 2020, at the peak of the global pandemic, {{top1_2020pricedrop_company}} changed their average price {{top1_2020pricedrop_company_percentage}}% in Albert Lea, which was better than other insurers.

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During the Covid-19 pandemic a few insurance companies realized people were driving less and struggling overall. They proactively lowered their rates for many customers in Albert Lea. We think helping communities in a time of need deserves special attention. Many insurance companies have advertisements telling us how much they care: we prefer to look at their actions.

The cheapest large national provider in Albert Lea

Many customers have informed us that they prefer to work with large national brands. Maybe they're one of the 28% of Albert Lea residents who are renting, and don't plan to be in the city or state for very long. Or maybe national recognition and funds make people feel more secure with a large provider. Regardless, State Farm tends to have the lowest prices for most drivers.

For customers who prefer to work with large national providers, we recommend State Farm for pricing. The average Albert Lea driver can expect to pay about $116 per month.

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What About USAA?

JD power consistently ranks USAA as the top car insurance company in the United States. We don’t compare their rates because most people can’t sign up. USAA only allows active military members and their spouses and children to apply. In Albert Lea, USAA has the best prices for young drivers, drivers with accidents, married couples, good drivers, drivers with speeding tickets, drivers with a DUI conviction, and drivers with bad credit.
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Auto Insurance Prices in and Around Albert Lea

What Influences the Cost of Car Insurance in Albert Lea?

On average, car insurance in Albert Lea is actually less expensive than the rest of the state. These low prices are no mystery to us. Coverage Watch tracks car insurance costs and uses a complex AI that finds related variables, and has determined car insurance prices in the city are influenced by the following factors:

  • The average commute time in Albert Lea is 22 minutes, which is far less than average for a driver in the state.
  • Minnesota state insurance regulations may require higher prices.
  • An average of 0 weeks with snow on the ground, which impacts accident rates.
  • Marriage rates in Albert Lea are among the lowest in the state, and marriage often results in car insurance discounts.
  • Vehicle theft rates in the area are high, with a Vehicle Theft Crime Grade of C+ according to CrimeGrade.org.
  • Albert Lea is a lightly populated area in the state. The city’s density could result in a price decrease for drivers.

As a result of these and other factors, the average cost of car insurance in Albert Lea is $66 per month for minimum coverage and $128 per month for full coverage. Costs vary widely based on your situation, and will likely be lower if you have a clean driving record and follow our insurance company research to find the best car insurance company for you.

Car Insurance in Nearby Cities

Cities with Similar Populations

* Who is the average Albert Lea driver? Based on national demographic data provided by BestNeighborhood, we took a single unmarried man living in central Albert Lea with good (but not perfect) credit driving a used midsized sedan. Data sources: proprietary data collection and analysis, unique to CoverageWatch.org All content copyright CoverageWatch.org. Journalists and other websites are free to cite any data with attribution.