In Lakeland, drivers can expect to pay an average of $183 per month for full coverage car insurance. Rates vary, with the cheapest at $179 and the priciest reaching $571, depending on individual circumstances. To help drivers understand potential costs, the table below outlines average car insurance rates for different driver profiles.
Lakeland, FL, Car Insurance
Updated: January 14, 2025
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Cheapest Car Insurance in Lakeland: Key Takeaways
In the city, State Farm, Nationwide and GEICO are among the most affordable car insurance providers, offering competitive rates for various driver profiles and coverage needs.
State Farm stands out as the cheapest car insurance provider, with monthly rates of $53 for minimum coverage and $110 for full coverage, making it a budget-friendly choice.
On average, car insurance in the city costs $84 per month for minimum coverage and $183 for full coverage, though rates can vary based on individual driver profiles.
Car Insurance Quotes in Lakeland, FL
| Young Drivers | $96 | $217 |
| Teens | No Data | $571 |
| Seniors | $81 | $171 |
| Drivers With a Speeding Ticket | $102 | $226 |
| Drivers With a DUI | $115 | $255 |
| Drivers With An Accident | $125 | $276 |
| Bad Credit | $130 | $271 |
Because insurers calculate premiums differently, for the most accurate estimate, you'll need to get quotes from multiple providers.
Lakeland vs. State Average
Florida
State Average Full Coverage Rate
$2,525
Lakeland, FL
City Average Full Coverage Rate
$2,085More:$440 saved
This is 17% less expensive.
What Is the Average Car Insurance Rate in Lakeland?
In Lakeland, the average cost for full coverage car insurance is $2,085 per year, while the minimum coverage costs $992 annually. These rates are lower than Florida's averages, where full coverage is $2,425 and minimum coverage is $1,168. Residents can enjoy more affordable insurance options locally.
| State Average | $1,168 | $2,425 |
| Lakeland Average | $992 | $2,085 |
Cheapest Car Insurance Companies in Lakeland
Car insurance premiums might be rising in Florida, but affordable options are still available in Lakeland. State Farm offers the cheapest minimum coverage at $54 per month. For full coverage, State Farm also provides the best rate at $110 monthly.
WHY CAR INSURANCE IN LAKELAND IS CHEAP
Car insurance is cheaper in Lakeland than the state average. Insurance is higher in some places in Florida due to high-risk factors and accident rates. Statewide, costs are driven up by a large number of uninsured drivers, frequent personal injury lawsuits and insurance fraud.
Cheap Car Insurance in Lakeland
State Farm offers the cheapest car insurance for many drivers, but costs can vary widely. To find the most affordable rate, it's best to get quotes from multiple insurance providers. Below is a table showing the cheapest rates for different driver profiles.
| State Farm | Minimum Coverage | $54 |
| State Farm | Full Coverage | $110 |
| State Farm | Teens | $270 |
| State Farm | Young Adults | $95 |
| State Farm | Seniors | $75 |
| Nationwide | Bad Credit | $156 |
| State Farm | Drivers With a DUI | $92 |
| State Farm | Drivers With An Accident | $100 |
| State Farm | Drivers With a Speeding Ticket | $92 |
Car Insurance Rates in Lakeland by Company
Car insurance prices vary, so in Lakeland, comparing rates is key to finding affordable coverage. Below, we detail the cheapest plans for minimum coverage and full coverage car insurance.
Cheapest Car Insurance Companies for Minimum Coverage in Lakeland
State Farm offers the cheapest minimum coverage auto insurance at $54 per month. GEICO follows closely with a rate of $55 monthly. See the breakdown of the cheapest options in the table below.
| State Farm | $54 | $30 |
| GEICO | $55 | $29 |
| Travelers | $58 | $25 |
| Nationwide | $77 | $6 |
| Allstate | $81 | $3 |
| Mercury | $83 | $1 |
Cheapest Car Insurance Companies for Full Coverage in Lakeland
State Farm offers the cheapest full coverage car insurance in Lakeland at $110 per month. Below is a list of providers and their rates.
| Allstate | $171 | $12 |
| GEICO | $159 | $24 |
| Nationwide | $152 | $31 |
| State Farm | $110 | $73 |
| Travelers | $120 | $63 |
Car Insurance Companies in Lakeland
To find the cheapest car insurance in Lakeland, compare quotes from several local providers. State Farm offers the lowest rate at $981 annually and is rated best with a MoneyGeek score of 85. Check the table below for more options to consider.
| State Farm | 85 | $981 |
| Mercury | 80 | $1,718 |
| Travelers | 75 | $1,072 |
| Nationwide | 74 | $1,374 |
| GEICO | 69 | $1,283 |
| Progressive | 66 | $1,412 |
| Allstate | 65 | $1,513 |
| Farmers | 54 | $2,257 |
| Direct General Insurance | 36 | $2,237 |
Rates are for a 40-year-old driver with good credit and no driving violations.
Car Insurance Cost in Lakeland by Age
Middle-aged drivers and younger seniors have the lowest car insurance rates, with pricing of $2,085 per year for 40-year-olds and $2,049 annually for 65-year-olds. Below, you can compare average rates for ages 16 to 65 in the city.
| 16 | $4,810 | $-505 |
| 17 | $4,771 | $-466 |
| 18 | $4,109 | $195 |
| 19 | $4,000 | $304 |
| 20 | $4,129 | $176 |
| 21 | $3,263 | $1,042 |
| 22 | $3,325 | $979 |
| 23 | $3,408 | $897 |
| 24 | $3,221 | $1,083 |
| 25 | $2,605 | $4 |
| 40 | $2,085 | $524 |
| 65 | $2,049 | $560 |
Cheapest Car Insurance for Teens in Lakeland
Nationwide offers the cheapest overall car insurance for teens in Lakeland, costing $275 per month and saving $93 compared to the state average. The table below highlights other affordable providers for teens in the city.
| Nationwide | $275 | $93 | $469 |
| State Farm | $297 | $72 | $270 |
| Allstate | $343 | $25 | $970 |
| GEICO | $346 | $23 | $376 |
| Travelers | $370 | $-1 | $526 |
| Progressive | $468 | $-99 | $575 |
| Farmers | $481 | $-112 | $808 |
*Rates reflect 16 to 19-year-old drivers with good credit and no driving violations for full coverage policies.
Best Car Insurance Rates for Young Drivers in Lakeland
State Farm offers the best minimum coverage at $61 per month for young drivers. For full coverage, State Farm again leads with $130 per month. Check the table below to see which providers offer the cheapest rates for different young driver profiles.
| State Farm | Minimum Coverage | $61 |
| State Farm | Full Coverage | $130 |
| Nationwide | Bad Credit | $182 |
| State Farm | Drivers With a DUI | $108 |
| State Farm | Drivers With An Accident | $117 |
| State Farm | Drivers With a Speeding Ticket | $108 |
Cheapest Car Insurance Companies for Young Drivers in Lakeland
State Farm provides the most affordable auto insurance for young drivers, with a monthly rate of $95. Other options include Travelers at $101 and Nationwide at $133. The table below shows other companies with competitive rates.
| State Farm | $95 | $68 |
| Travelers | $101 | $62 |
| Nationwide | $133 | $30 |
| Allstate | $136 | $27 |
| GEICO | $149 | $14 |
*Rates are for 25-year-old drivers with good credit and no driving violations for both minimum and full coverage.
Best Car Insurance Rates for Seniors in Lakeland
State Farm and Nationwide offer the cheapest car insurance in town, but your rate will depend on several factors. The table below shows the cheapest providers for different driver and coverage profiles, helping you find a plan that fits.
| State Farm | Minimum Coverage | $50 |
| State Farm | Full Coverage | $101 |
| Nationwide | Bad Credit | $146 |
| State Farm | Drivers With a DUI | $85 |
| State Farm | Drivers With An Accident | $93 |
| State Farm | Drivers With a Speeding Ticket | $85 |
Cheapest Car Insurance Companies for Seniors in Lakeland
State Farm offers the cheapest monthly premium for seniors at $75 for both minimum and full coverage. Travelers follows closely with a rate of $86 per month. The table below shows options of the top car insurance providers for seniors in Lakeland.
| State Farm | $75 | $55 |
| Travelers | $86 | $45 |
| GEICO | $99 | $31 |
| Nationwide | $108 | $23 |
| Allstate | $130 | $0 |
*Rates are for 65-year-old drivers with good credit and no driving violations for both minimum and full coverage.
Car Insurance Cost for High-Risk Drivers in Lakeland
In Lakeland, high-risk drivers find that both minimum coverage and full coverage rates are lower than the state average, with minimum coverage costing $1,385 and full coverage at $3,168 annually. Drivers with bad credit and DUIs pay the most for insurance. Meanwhile, accidents and speeding tickets have a smaller effect on insurance rates.
| State Average | $1,651 | $3,718 |
| Lakeland Average | $1,385 | $3,168 |
DRIVING OFFENSES ONLY AFFECT RATES FOR A LIMITED TIME
Most minor driving incidents, like a not-at-fault accident or a speeding ticket in Lakeland, affect your insurance rates for about three years. For more serious offenses, such as a DUI, insurers may take them into account for five years or longer. These offenses often mean you'll need to file an SR-22 insurance or FR-44 insurance form to prove you have the state's minimum coverage auto insurance.
Cheapest Auto Insurance Rates With a DUI in Lakeland
State Farm offers the cheapest minimum coverage for drivers with a DUI at $727 per year. Travelers provides the most affordable full coverage policy at $2,447 annually. Check out the table below for more low-cost coverage options.
| State Farm | $61 | $124 |
| Travelers | $99 | $204 |
| Progressive | $102 | $234 |
| Allstate | $108 | $240 |
| GEICO | $106 | $324 |
*Rates are for a 40-year-old driver with good credit and a DUI.
Cheapest Auto Insurance Rates With an Accident in Lakeland
State Farm, GEICO, and Travelers offer the most affordable car insurance for drivers with an at-fault accident record in Lakeland. For those seeking the cheapest auto insurance after an at-fault accident, these providers offer competitive rates. Below is a table showing different providers in Lakeland offering cheap car insurance coverage for drivers with an at-fault accident violation.
| State Farm | $66 | $134 |
| Travelers | $85 | $175 |
| Nationwide | $112 | $220 |
| GEICO | $83 | $251 |
| Progressive | $131 | $321 |
*Rates are for a 40-year-old driver with good credit an at-fault accident.
Cheapest Auto Insurance Rates With a Speeding Ticket in Lakeland
State Farm is the cheapest car insurance provider for drivers with a speeding ticket, offering rates of $61 for minimum coverage and $124 for full coverage in Lakeland. Check the table below to see how other providers charge drivers with a speeding ticket.
| State Farm | $61 | $124 |
| Travelers | $80 | $168 |
| Allstate | $84 | $178 |
| Nationwide | $92 | $179 |
| GEICO | $102 | $315 |
**Rates are for a 40-year-old driver with good credit and a speeding ticket.*
Cheapest Car Insurance for Bad Credit in Lakeland
Nationwide offers the most affordable rates for drivers with bad credit in Lakeland, with minimum coverage at $106 and full coverage at $207. See the table below for other affordable options.
| Nationwide | $106 | $207 |
| Travelers | $127 | $244 |
| Direct General Insurance | $128 | $275 |
| GEICO | $113 | $327 |
| Mercury | $130 | $332 |
*Rates are for a 40-year-old driver with bad credit and no driving violations.
Minimum Car Insurance Requirements in Lakeland, FL
In the Sunshine State, each city follows statewide mandates for car insurance minimums. Here's what your policy needs at a minimum:
- $10,000 for property damage liability per accident.
- $10,000 personal injury protection (PIP) per person.
For example, if you're in a fender-bender, your insurance should cover up to $10,000 in property damage, ensuring you're compliant with state rules.
Cheap Car Insurance in Lakeland: Bottom Line
State Farm shines as Lakeland's most affordable car insurance for minimum and full coverage. No matter your age or credit, you'll find providers with plans that fit your wallet. Make sure your policy covers Florida's must-haves: personal injury protection and property damage liability. Compare to snag deals that keep you legal for less!
Lakeland Auto Insurance: FAQ
This FAQ section offers quick answers to common questions about finding affordable and reliable car insurance. Discover tips and insights to help you choose the best options for minimum coverage and beyond in your area.
What is the cheapest car insurance company in Lakeland, Florida?
State Farm offers the most affordable car insurance in Lakeland, Florida, with monthly rates starting at $53 for state minimum coverage.
What is the best car insurance company in Lakeland, Florida?
State Farm emerges as the top car insurance provider in Lakeland, Florida, with a MoneyGeek score of 85 out of 100.
How much does car insurance cost on average in Lakeland?
In Lakeland, average monthly rates for state minimum car insurance range from $82 to $132, varying by driver's credit and record.
Best Cheap Car Insurance in Lakeland: Our Methodology
MoneyGeek conducted an analysis of Lakeland auto insurance prices using data from the Florida Department of Insurance and Financial Services and Quadrant Information Services.
Lakeland Driver Profile
To assess the best and most affordable auto insurance options for Lakeland residents, MoneyGeek used the following sample driver profile:
- 40-year-old male
- Clean driving history
- 2012 Toyota Camry LE
- 12,000 miles driven per year
By altering variables such as age, driving records and military status, MoneyGeek also found the top insurers for different types of drivers.
Coverage Levels in Lakeland
In assessing the car insurance quotes for Lakeland, we gathered data for both minimum and full coverage policies, ensuring each insurer conformed to Florida's mandated liability insurance parameters:
The minimum coverage requirements in Florida are:
- $10,000 for property damage liability per accident.
- $10,000 personal injury protection (PIP) per person
To assess rates for full coverage policies, MoneyGeek upped the coverage amounts to these limits:
- $100,000 bodily injury liability per person
- $300,000 bodily injury liability per accident
- $100,000 property damage liability
- Comprehensive and collision coverage with a deductible of $1,000
MoneyGeek’s Scoring System
MoneyGeek scored insurers on a scale of zero to 100, factoring in customer satisfaction, cost-effectiveness, claims management, coverage options and financial stability.
Insurers received scores as indicated below, with a total possible score of 100 points:
- General customer satisfaction (up to 35 points)
- Affordability (up to 30 points)
- Claims experience (up to 20 points)
- Essential coverages (up to 10 points)
- Financial stability (up to five points)
MoneyGeek’s Sources
To gauge rates and assess the best service experiences among Florida providers, MoneyGeek utilized six sources:
- Quadrant Information Services provided actual policy quotes in Lakeland
- J.D. Power's studies and the NAIC index contributed to the assessment of customer service
- Claims experience metrics came from J.D. Power and the CRASH Network’s report card
- AM Best and Demotech offered financial stability insights through their ratings
MoneyGeek gathered 50,284 quotes for the average driver across various ages, driving a Toyota Camry with a clean record, barring specific exceptions. Our study evaluated 14 insurance companies in Lakeland. For more details on our evaluation process, please see MoneyGeek's methodology.
About Mark Fitzpatrick
Mark Fitzpatrick is a Licensed Property and Casualty Insurance Producer and MoneyGeek's resident Personal Finance Expert. He has analyzed the insurance market for over five years, conducting original research and creating personalized content for every kind of buyer. He has been quoted in several insurance-related publications, including CNBC, NBC News and Mashable.
Fitzpatrick earned a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a 5-time Jeopardy champion!
He is passionate about using his knowledge of economics and insurance to bring transparency around financial topics and help others feel confident in their money moves.