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Get Cheap Car Insurance in Lake Wales, FL
We monitor insurance prices, helping the average driver in Lake Wales save up to 34.6% on car insurance.
The Cheapest Minimum Coverage in Lake Wales
The chart below shows the cheapest car insurance company in Lake Wales 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 Geico, followed by State Farm, Gainsco, and Bristol West.
| Lake Wales Insurer | Monthly Cost |
|---|---|
| Geico | $118 |
| State Farm | $125 |
| Gainsco | $164 |
| Bristol West | $164 |
Savings for Every Kind of Lake Wales Driver
Based on our extensive insurance data, we know the average Lake Wales driver will save about 29% 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 $725 per year by choosing the right vehicle insurance company. Some Lake Wales residents are paying out over $2,478 extra every year for auto insurance in Lake Wales. That cost may be even higher if you haven’t requested a new quote as your life situation changed.
Situation |
Lake Wales, FL Savings / Yr. |
|---|---|
$725 |
|
$1,064 |
|
$819 |
|
$810 |
|
$2,574 |
|
$703 |
|
$1,025 |
Lake Wales Car Insurance vs. Florida
People living in Lake Wales pay an average of 6.22% less than the typical driver in the state. The average driver in Lake Wales can expect to pay about $2,262 per year, or $2,478 for full coverage.
Based on our analysis, Geico will be the cheapest provider in Lake Wales for most people.
Car Insurance Prices by Lake Wales Neighborhood
Insurance Prices
Where is insurance cheapest within Lake Wales?
The map shows insurance prices in and around Lake Wales, with more expensive areas in red and places with cheaper car insurance in green. Insurance can vary by as much as $643 per year within the city boundaries, with insurance premiums ranging from a high of $2,985 to a low of $2,342. Insurance prices tend to be higher for those living in the West area, and lower for those with homes in the North parts of Lake Wales.Pick the Best Car Insurance Company for You in Lake Wales
The best car insurance provider for most drivers in Lake Wales
For drivers with clean driving records and no major strikes, Geico is the best option, with annual savings of $725 over the average Lake Wales car insurance company.
The best car insurance provider for Lake Wales drivers with accidents on their records
In our analysis, Geico saved the average person who had been in an accident the most, with annual savings averaging $1,064 over the competition.
The best car insurance company for Lake Wales drivers with speeding tickets
>State Farm gave the average person with a speeding ticket the most savings, averaging $819 better than other car insurance companies.
The best auto insurance for Lake Wales drivers with a DUI conviction
Getting a quote from Geico may cost the average person with a DUI about $810 less each year.
The least expensive car insurance company for new and young drivers in Lake Wales
In Lake Wales, Geico costs young drivers $2,574 less each year versus the average auto insurance bill.
The best marriage discounts for vehicle insurance in Lake Wales
Geico gave the largest car insurance discounts to married couples, averaging $703 saved each year compared to an average Lake Wales couple's premiums.
The cheapest car insurance in Lake Wales for drivers with bad credit
The best Lake Wales car insurance company for customer service
Recent price drops
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The cheapest large national provider in Lake Wales
For customers who prefer to work with large national providers, we recommend Geico for pricing. The average Lake Wales driver can expect to pay about $156 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 Wales, USAA has the best prices for good drivers, drivers with accidents, and drivers with speeding tickets.Auto Insurance Prices in and Around Lake Wales
What Influences the Cost of Car Insurance in Lake Wales?
On average, car insurance in Lake Wales 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 Wales is 33 minutes, which is about the national average for a driver in the state.
- Florida 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 Wales are lower than average in the state, and marriage often results in car insurance discounts.
- Vehicle theft rates in the area are low, with a Vehicle Theft Crime Grade of A- according to CrimeGrade.org.
- Lake Wales is one of the most densely populated areas 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 Wales is $188 per month for minimum coverage and $206 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
- Highland Park: Insurance costs 5.49% less
- Waverly: Insurance costs 0.77% more
- Babson Park: Insurance costs 3.75% less
- Nalcrest: Insurance costs 0.61% less
- Dundee: Insurance costs 0.69% more
- Alturas: Insurance costs 0.36% less
- Loughman: Insurance costs 0.40% less
- Cypress Gardens: Insurance costs 1.82% more
- Lake Hamilton: Insurance costs 1.74% more
- Fedhaven: Insurance costs 0.65% more
Cities with Similar Populations
- Atlantic City: Insurance costs 14.89% less
- Rome: Insurance costs 10.82% less
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- Shawnee: Insurance costs 30.06% less
- Somerset: Insurance costs 16.63% less
- Fort Washington: Insurance costs 9.48% less
- Summit: Insurance costs 26.96% less
- Fairborn: Insurance costs 55.73% less
- Villa Rica: Insurance costs 24.98% less
- Danville: Insurance costs 41.28% less