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 Oelwein, IA

We monitor insurance prices, helping the average driver in Oelwein save up to 33.2% on car insurance.

 

Start Saving

;

The Cheapest Minimum Coverage in Oelwein

The chart below shows the cheapest car insurance company in Oelwein 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.

 
Oelwein Insurer Monthly Cost
State Farm $27
IMT Insurance $28
Auto-Owners Insurance $29
Farm Bureau $30

Savings for Every Kind of Oelwein Driver

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

Based on our extensive insurance data, we know the average Oelwein 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 $270 per year by choosing the right vehicle insurance company. Some Oelwein residents are paying out over $1,233 extra every year for auto insurance in Oelwein. That cost may be even higher if you haven’t requested a new quote as your life situation changed.

Situation
Oelwein, IA Savings / Yr.
Drivers with good records
$270
Drivers with accidents
$375
Drivers with speeding tickets
$320
Drivers with a DUI conviction
$431
Young drivers
$1,128
Married drivers
$371
Drivers with bad credit
$569

Oelwein Car Insurance vs. Iowa

People living in Oelwein pay an average of 1.26% less than the typical driver in the state. The average driver in Oelwein can expect to pay about $484 per year, or $1,233 for full coverage.

Based on our analysis, State Farm will be the cheapest provider in Oelwein for most people.

Car Insurance Prices by Oelwein Neighborhood

Oelwein, IA map of insurance costs by zip code and neighborhood

Insurance Prices

More expensive
Average
Less expensive

Where is insurance cheapest within Oelwein?

The map shows insurance prices in and around Oelwein, with more expensive areas in red and places with cheaper car insurance in green. Insurance can vary by as much as $84 per year within the city boundaries, with insurance premiums ranging from a high of $1,291 to a low of $1,207. Insurance prices tend to be higher for those living in the Northeast area, and lower for those with homes in the Southeast parts of Oelwein.

Pick the Best Car Insurance Company for You in Oelwein

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 Oelwein insurance provider for whom we have posted the highest savings dollar figure.

The best car insurance provider for most drivers in Oelwein

For drivers with clean driving records and no major strikes, State Farm is the best option, with annual savings of $270 over the average Oelwein car insurance company.

Visit Site

We use the average good driver, paying $80 per month, as our baseline for pricing in Oelwein. State Farm, IMT Insurance, and Midvale Home & Auto 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 Oelwein drivers with accidents on their records

In Oelwein getting into an accident will raise premiums an average 32% for a yearly cost of $1,805. That's $572 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, IMT Insurance, and Auto-Owners Insurance 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 $375 over the competition.

Visit Site

The best car insurance company for Oelwein drivers with speeding tickets

>State Farm gave the average person with a speeding ticket the most savings, averaging $320 better than other car insurance companies.

Visit Site

Depending on the insurance company, a speeding ticket can actually raise insurance premiums more than getting in an accident. In Oelwein, tickets raise premiums on new quotes about $321. If you have a speeding ticket, we recommend State Farm, IMT Insurance, and Auto-Owners Insurance for savings that beat the average insurance cost of $1,554 per year.

The best auto insurance for Oelwein drivers with a DUI conviction

Getting a DUI can increase the cost of insurance dramatically. The average person with a DUI paid $1,951 per year in auto insurance premiums, which was $718 more than a driver with no major issues. State Farm, Progressive, and IMT Insurance penalized their customers the least for a DUI.

Getting a quote from State Farm may cost the average person with a DUI about $431 less each year.

Visit Site

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

In Oelwein, IMT Insurance costs young drivers $1,128 less each year versus the average auto insurance bill.

Visit Site

Teen drivers account for more than their share of accidents, and thus end up paying about 64% more for insurance than more mature drivers in Oelwein. With an average cost of $3,394 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, IMT Insurance, and Farm Bureau 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 Oelwein

Not everything is an excuse for the auto insurance companies to charge you more. Getting married provides an average discount of $83. State Farm, IMT Insurance, and Farm Bureau provided the largest discounts to couples living in Oelwein.

State Farm gave the largest car insurance discounts to married couples, averaging $371 saved each year compared to an average Oelwein couple's premiums.

Visit Site

The cheapest car insurance in Oelwein for drivers with bad credit

People with poor credit saved an average of $569 with IMT Insurance.

Visit Site

Many people are surprised that their poor credit score can cost them an average of $807 every year. Premiums for people with poor credit were about $2,040 in Oelwein. However, some insurance companies do not take credit score into account. If you have a credit score below 575, get quotes from Nationwide, Travelers, and IMT Insurance.

The best Oelwein car insurance company for customer service

Many car insurance companies over the years have struggled with customer service. In Oelwein, 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 Oelwein.

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

Visit Site

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 Oelwein, which was better than other insurers.

Visit Site

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 Oelwein. 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 Oelwein

Many customers have informed us that they prefer to work with large national brands. Maybe they're one of the 31% of Oelwein 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 Oelwein driver can expect to pay about $81 per month.

Visit Site

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 Oelwein, 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.
Get USAA (An excellent choice if you qualify)

Auto Insurance Prices in and Around Oelwein

What Influences the Cost of Car Insurance in Oelwein?

On average, car insurance in Oelwein 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 Oelwein is 21 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 Oelwein are among the lowest in the state, and marriage often results in car insurance discounts.
  • Vehicle theft rates in the area are moderate, with a Vehicle Theft Crime Grade of C+ according to CrimeGrade.org.
  • Oelwein 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 Oelwein is $40 per month for minimum coverage and $103 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 Oelwein driver? Based on national demographic data provided by BestNeighborhood, we took a single unmarried man living in central Oelwein 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.