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Get Cheap Car Insurance in Lake Placid, NY
We monitor insurance prices, helping the average driver in Lake Placid save up to 32.6% on car insurance.
The Cheapest Minimum Coverage in Lake Placid
The chart below shows the cheapest car insurance company in Lake Placid 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 Kemper, followed by Plymouth Rock Assurance, Safeco Insurance, and Geico.
| Lake Placid Insurer | Monthly Cost |
|---|---|
| Kemper | $75 |
| Plymouth Rock Assurance | $100 |
| Safeco Insurance | $108 |
| Geico | $112 |
Savings for Every Kind of Lake Placid Driver
Based on our extensive insurance data, we know the average Lake Placid driver will save about 30% 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 $610 per year by choosing the right vehicle insurance company. Some Lake Placid residents are paying out over $2,045 extra every year for auto insurance in Lake Placid. That cost may be even higher if you haven’t requested a new quote as your life situation changed.
Situation |
Lake Placid, NY Savings / Yr. |
|---|---|
$610 |
|
$389 |
|
$777 |
|
$786 |
|
$1,925 |
|
$644 |
|
$1,026 |
Lake Placid Car Insurance vs. New York
People living in Lake Placid pay an average of 15.67% less than the typical driver in the state. The average driver in Lake Placid can expect to pay about $1,483 per year, or $2,045 for full coverage.
Based on our analysis, Kemper will be the cheapest provider in Lake Placid for most people.
Car Insurance Prices by Lake Placid Neighborhood
Insurance Prices
Where is insurance cheapest within Lake Placid?
The map shows insurance prices in and around Lake Placid, with more expensive areas in red and places with cheaper car insurance in green. Insurance can vary by as much as $277 per year within the city boundaries, with insurance premiums ranging from a high of $2,273 to a low of $1,996. Insurance prices tend to be higher for those living in the Northwest area, and lower for those with homes in the South parts of Lake Placid.Pick the Best Car Insurance Company for You in Lake Placid
The best car insurance provider for most drivers in Lake Placid
For drivers with clean driving records and no major strikes, Kemper is the best option, with annual savings of $610 over the average Lake Placid car insurance company.
The best car insurance provider for Lake Placid drivers with accidents on their records
In our analysis, Kemper saved the average person who had been in an accident the most, with annual savings averaging $389 over the competition.
The best car insurance company for Lake Placid drivers with speeding tickets
>Kemper gave the average person with a speeding ticket the most savings, averaging $777 better than other car insurance companies.
The best auto insurance for Lake Placid drivers with a DUI conviction
Getting a quote from Progressive may cost the average person with a DUI about $786 less each year.
The least expensive car insurance company for new and young drivers in Lake Placid
In Lake Placid, Progressive costs young drivers $1,925 less each year versus the average auto insurance bill.
The best marriage discounts for vehicle insurance in Lake Placid
Progressive gave the largest car insurance discounts to married couples, averaging $644 saved each year compared to an average Lake Placid couple's premiums.
The cheapest car insurance in Lake Placid for drivers with bad credit
The best Lake Placid car insurance company for customer service
Nationwide was the best company for customer service in Lake Placid according to the NAIC.
Recent price drops
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The cheapest large national provider in Lake Placid
For customers who prefer to work with large national providers, we recommend Geico for pricing. The average Lake Placid driver can expect to pay about $183 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 Placid, USAA has the best prices for drivers with bad credit, drivers with speeding tickets, drivers with a DUI conviction, drivers with accidents, good drivers, married couples, and young drivers.Auto Insurance Prices in and Around Lake Placid
What Influences the Cost of Car Insurance in Lake Placid?
On average, car insurance in Lake Placid 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 Placid is 16 minutes, which is far less than average for a driver in the state.
- New York state insurance regulations may require higher prices.
- An average of 0 weeks with snow on the ground, which impacts accident rates.
- Marriage rates in Lake Placid 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 A+ according to CrimeGrade.org.
- Lake Placid is a fairly densely populated area 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 Placid is $124 per month for minimum coverage and $170 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
- Whiteface: Insurance costs 0.68% more
- North Pole: Insurance costs 1.71% more
- Ray Brook: Insurance costs 9.93% more
- Saranac Lake: Insurance costs 3.96% more
- Keene: Insurance costs 3.23% less
- Bloomingdale: Insurance costs 0.24% more
- Franklin Falls: Insurance costs 0.68% more
- Upper Jay: Insurance costs 4.50% more
- Wilmington: Insurance costs 0.10% less
- Keene Valley: Insurance costs 3.13% less
Cities with Similar Populations
- Waldron: Insurance costs 20.15% less
- Warsaw: Insurance costs 41.52% less
- North Berwick: Insurance costs 54.28% less
- Nocona: Insurance costs 9.10% less
- Norlina: Insurance costs 36.92% less
- Duquesne: Insurance costs 24.06% less
- Lakewood: Insurance costs 6.26% more
- Lakewood: Insurance costs 29.34% less
- Salton City: Insurance costs 8.07% less
- Eagar: Insurance costs 15.55% less