Coverage Watch does not have a financial relationship with any car insurance companies and quote providers. Everything displayed on the site is completely free from bias and based on legitimate data.
Get Cheap Car Insurance in Lake Mills, IA
We monitor insurance prices, helping the average driver in Lake Mills save up to 33.2% on car insurance.
The Cheapest Minimum Coverage in Lake Mills
The chart below shows the cheapest car insurance company in Lake Mills 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 IMT Insurance, Auto-Owners Insurance, and Farm Bureau.
| Lake Mills Insurer | Monthly Cost |
|---|---|
| State Farm | $27 |
| IMT Insurance | $28 |
| Auto-Owners Insurance | $29 |
| Farm Bureau | $30 |
Savings for Every Kind of Lake Mills Driver
Based on our extensive insurance data, we know the average Lake Mills driver will save about 22% 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 $265 per year by choosing the right vehicle insurance company. Some Lake Mills residents are paying out over $1,212 extra every year for auto insurance in Lake Mills. That cost may be even higher if you haven’t requested a new quote as your life situation changed.
Situation |
Lake Mills, IA Savings / Yr. |
|---|---|
$265 |
|
$369 |
|
$314 |
|
$423 |
|
$1,108 |
|
$365 |
|
$559 |
Lake Mills Car Insurance vs. Iowa
People living in Lake Mills pay an average of 2.96% less than the typical driver in the state. The average driver in Lake Mills can expect to pay about $475 per year, or $1,212 for full coverage.
Based on our analysis, State Farm will be the cheapest provider in Lake Mills for most people.
Car Insurance Prices by Lake Mills Neighborhood
Insurance Prices
Where is insurance cheapest within Lake Mills?
The map shows insurance prices in and around Lake Mills, with more expensive areas in red and places with cheaper car insurance in green. Insurance can vary by as much as $34 per year within the city boundaries, with insurance premiums ranging from a high of $1,221 to a low of $1,187. Insurance prices tend to be higher for those living in the East area, and lower for those with homes in the Southwest parts of Lake Mills.Pick the Best Car Insurance Company for You in Lake Mills
The best car insurance provider for most drivers in Lake Mills
For drivers with clean driving records and no major strikes, State Farm is the best option, with annual savings of $265 over the average Lake Mills car insurance company.
The best car insurance provider for Lake Mills drivers with accidents on their records
In our analysis, State Farm saved the average person who had been in an accident the most, with annual savings averaging $369 over the competition.
The best car insurance company for Lake Mills drivers with speeding tickets
>State Farm gave the average person with a speeding ticket the most savings, averaging $314 better than other car insurance companies.
The best auto insurance for Lake Mills drivers with a DUI conviction
Getting a quote from State Farm may cost the average person with a DUI about $423 less each year.
The least expensive car insurance company for new and young drivers in Lake Mills
In Lake Mills, IMT Insurance costs young drivers $1,108 less each year versus the average auto insurance bill.
The best marriage discounts for vehicle insurance in Lake Mills
State Farm gave the largest car insurance discounts to married couples, averaging $365 saved each year compared to an average Lake Mills couple's premiums.
The cheapest car insurance in Lake Mills for drivers with bad credit
The best Lake Mills car insurance company for customer service
Nationwide was the best company for customer service in Lake Mills according to the NAIC.
Recent price drops
In 2020, at the peak of the global pandemic, {{top1_2020pricedrop_company}} changed their average price {{top1_2020pricedrop_company_percentage}}% in Lake Mills, which was better than other insurers.
The cheapest large national provider in Lake Mills
For customers who prefer to work with large national providers, we recommend State Farm for pricing. The average Lake Mills driver can expect to pay about $81 per month.
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 Lake Mills, USAA has the best prices for drivers with a DUI conviction, drivers with bad credit, drivers with speeding tickets, drivers with accidents, good drivers, and young drivers.Auto Insurance Prices in and Around Lake Mills
What Influences the Cost of Car Insurance in Lake Mills?
On average, car insurance in Lake Mills 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 Lake Mills is 22 minutes, which is far less than average for a driver in the state.
- Iowa state insurance regulations may allow for lower prices.
- An average of 0 weeks with snow on the ground, which impacts accident rates.
- Marriage rates in Lake Mills are among the lowest in the state, and marriage often results in car insurance discounts.
- Vehicle theft rates in the area are very high, with a Vehicle Theft Crime Grade of C according to CrimeGrade.org.
- Lake Mills has an average population density in the state. The city’s density could result in a price increase for drivers.
As a result of these and other factors, the average cost of car insurance in Lake Mills is $40 per month for minimum coverage and $101 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
- Joice: Insurance costs 0.50% less
- Scarville: Insurance costs 0.91% less
- Emmons: Insurance costs 24.17% more
- Leland: Insurance costs 1.40% less
- Silver Lake: Insurance costs 0.33% more
- Mansfield: Insurance costs 24.92% more
- Fertile: Insurance costs 1.73% less
- Hanlontown: Insurance costs 1.90% less
- Forest City: Insurance costs 0.66% less
- Kiester: Insurance costs 29.04% more
Cities with Similar Populations
- Whiteman AFB: Insurance costs 42.00% more
- Spring Mills: Insurance costs 7.84% more
- Stoutsville: Insurance costs 6.60% less
- Eyota: Insurance costs 27.23% more
- Enoree: Insurance costs 33.58% more
- Elkland: Insurance costs 49.26% more
- Stringer: Insurance costs 38.28% more
- Dundas: Insurance costs 27.15% more
- Center Harbor: Insurance costs 1.82% less
- Castleton: Insurance costs 4.04% less