Lakeland, FL Auto Insurance Rates, Quotes, Agents & Reviews
Zimlon, through its research, found that car owners in Lakeland, FL, can avail multiple discounts on car insurance by taking various factors into consideration. These factors are explored in detail by Zimlon in the analysis below.
Top 5 Car Insurance Companies in Lakeland, FL, by Market Share
The average cost of auto insurance in Lakeland is $1,445. This value is dependent on numerous factors ranging from the make and model of the vehicle to the age of the driver. The cost of auto insurance also varies from one neighborhood to another. Zimlon provides car owners with the option of keying in their zip code to get accurate auto insurance quotes from different car insurance companies. The average cost of auto insurance in Lakeland is lower than that of neighboring places such as Fussels Corner, Auburndale, Combee Settlement, Polk City, and Crystal Lake.
Zimlon explores the list of the top 5 auto insurance companies in Lakeland, FL, based on market share.
GEICO:
GEICO leads the way in Florida, with a market share of 25.23%. It has 5,160,726 direct premiums written, and 5,081,055 direct premiums earned. GEICO continues to bring innovations into the field of insurance, the latest being its virtual assistant, KATE. GEICO has an A.M. Best rating of A++ and a J.D. Power score of 827/1000 in Florida.
PROGRESSIVE:
Progressive is second on this list, with an A.M. Best Rating of A+ and a J.D. Power score of 809/1000. It has a massive 3,749,329 direct premiums written, and 3,582,160 direct premiums earned, earning Progressive a market share of 18.30% in Florida.
STATE FARM:
State Farm has a market share of 14.70%, with a J.D. Power score of 834/1000, in Florida. The company also has an A.M. Best rating of A++. State Farm has 3,014,788 direct premiums written, and 3,047,953 direct premiums earned in Florida. State Farm makes it easy to shop for insurance with an immensely customer-friendly online portal.
ALLSTATE:
Allstate has 1,897,567 direct premiums written and 1,880,647 direct premiums earned. The company has a market share of 9.28% in Florida. Allstate also has an A.M. Best rating of A+ and a J.D. Power score of 847/1000.
USAA:
USAA completes this list with a market share of 7.07%. It has 1,445,356 direct premiums written, and 1,431,650 direct premiums earned. USAA has an A.M. Best rating of A++ and a J.D. Power score of 898/1000. This is the highest score in Florida.
Factors that can influence the cost of car insurance in Lakeland, FL are listed below. It is imperative to understand these factors in order to reduce the cost of car insurance. It is also essential to strike a balance between the cost of insurance and the coverage requirements.
- Lakeland, FL Auto Insurance Rates
- Lakeland, FL Auto Insurance for Different Deductible
- How the Age of Driver Affects Insurance Rates in Lakeland, FL
- Multi Vehicle Insurance Savings in Lakeland, FL
- How Credit Score Affects Car Insurance Rates in Lakeland, FL
- How DUI Affects Auto Insurance Premiums in Lakeland, FL
- Top Auto Insurance Agents Near Lakeland, FL
- How Driving Violations Affect Auto Insurance Rates in Lakeland, FL
- Lakeland, FL Auto Insurance Discounts on Anti Theft Feature
- Lakeland, FL Auto Insurance Company Reviews
Lakeland, FL Auto Insurance Rate Comparisons with Neighboring Locations | Back to Top
The following table compares the cost of insurance in Lakeland, FL with that of other cities in and around Lakeland.
| Lakeland | Fussels Corner | Auburndale | Combee Settlement | Polk City | Crystal Lake | |
|---|---|---|---|---|---|---|
| Average Insurance Rates | $1,445 | $2,012 | $2,132 | $2,016 | $2,048 | $2,026 |
Lakeland, FL Auto Insurance Rates vary Based on Deductibles in Neighboring Cities | Back to Top
The following table makes a comparison of the variation in car insurance rates in and around Lakeland, FL based on the change in deductibles. A higher deductible leads to a decrease in the cost of car insurance.
| Location | Low Deductible ($500) | High Deductible ($1000) |
|---|---|---|
| Lakeland | $1,637 | $1,382 |
| Kathleen | $1,628 | $1,375 |
| Combee Settlement | $1,874 | $1,583 |
| Crystal Lake | $1,211 | $1,023 |
| Polk City | $2,711 | $2,290 |
| Fussels Corner | $1,401 | $1,183 |
| Auburndale | $1,500 | $1,267 |
| Lakeland Highlands | $2,275 | $1,922 |
Lakeland, FL Auto Insurance Rates Based on the Age of the Driver | Back to Top
Teenagers in Lakeland, FL usually pay a much higher car insurance rate compared to the rest of the state as they are generally considered to be less responsible behind the wheel. Middle-aged drivers are likely to pay lower car insurance premiums if they are considered to be safer drivers by insurance companies.
| Age of Driver | Insurance Cost |
|---|---|
| Teens | $4,689 |
| 20 Years | $1,857 |
| 30 Years | $1,430 |
| 40 Years | $1,376 |
| 50 Years | $1,274 |
| 60 Years | $1,292 |
| 70 Years | $1,504 |
Lakeland, FL Car Insurance Discounts for Multi-Car Insurance | Back to Top
Car owners in Lakeland, FL can obtain discounts if they insure multiple vehicles with the same insurer. The average savings one can obtain are as follows:
| Number of Cars | Auto Insurance Cost | Total Savings |
|---|---|---|
| 2 Vehicles | $2,543 | $347 |
| 3 Vehicles | $3,815 | $520 |
| 4 Vehicles | $5,086 | $694 |
Savings on 2 Vehicles bundle:$347
Savings on 3 Vehicles bundle:$520
Savings on 4 Vehicles bundle:$694
Lakeland, FL Post- DUI Auto Insurance Rates | Back to Top
Driving Under Influence (DUI) can be an added burden on your wallet. The cost of auto insurance will go up post-DUI. The below graph does a comparison of auto insurance rates before and after DUI in and around Lakeland, FL.
| Location | Average Insurance Cost | Post DUI Insurance Rate |
|---|---|---|
| Lakeland | $1,445 | $2,261 |
| Kathleen | $2,066 | $3,233 |
| Combee Settlement | $2,016 | $3,155 |
| Crystal Lake | $2,026 | $3,171 |
| Polk City | $2,048 | $3,205 |
| Fussels Corner | $2,012 | $3,149 |
| Auburndale | $2,132 | $3,337 |
| Lakeland Highlands | $2,209 | $3,457 |
Lakeland, FL Auto Insurance Rates Based on Credit Score | Back to Top
Car insurance companies can use the Credit Score of car drivers to determine car insurance rates. Car drivers with good credit can avail of substantial discounts on car insurance rates.
| Credit Score | Insurance Cost |
|---|---|
| Exceptional (800-850) | $1,240 |
| Excellent (740-799) | $1,415 |
| Good (670-739) | $1,506 |
| Average (580-669) | $1,964 |
| Poor (300-579) | $2,357 |
Lakeland, FL Auto Insurance Agents | Back to Top
Car owners can obtain quotes from multiple auto insurance companies. Comparing different quotes can help identify the cheapest auto insurance provider best suited for their coverage needs.
| Agent Name | Company | Agent Address | Contact Details |
|---|---|---|---|
| Wayne Peace | State Farm | 2325 S Florida Ave, Lakeland, 33803-7228 | 863-688-8920 |
| Heacock Insurance Group | Travelers | 100 E MAIN ST, LAKELAND, 33801 | 863-683-2228 |
| Smith & Thomas Insurance | Travelers | 115 ROGERS TERRACE, LAKELAND, 33803 | 863-688-1141 |
| Sale Insurance Agency Inc | None | 309 S Tennessee Ave, Lakeland, 33801 | None |
| All Florida Insurance Agency | None | 3526 S Florida Ave, Lakeland, 33803 | None |
| Stahl Herndon & Assoc Inc | Liberty Mutual Independent | 91 LAKE MORTON DR, LAKELAND, 33801 | (863) 688-5495 |
| Seibert Insurance Agency | None | 5121 Ehrlich Road, Suite 111 , Tampa, 33624 | (813) 327-7915 |
| Family Insurance Centers | None | 5508 Us 98 North , Lakeland, 33809 | None |
| Willis Of Fl-Vero Bch | Travelers | 4211 WEST BOY SCOTT BLVD STE 1000, TAMPA, 33607 | 772-562-3369 |
Lakeland, FL Auto Insurance Rates can Increase Based on Driving Violations | Back to Top
Auto insurance rates tend to increase depending on the type and number of driving violations. The driving violations can stay on the record for a considerable amount of time leading to higher auto insurance rates. The severity of the driving violation and place of residence will determine how long the violation stays on record.
| Driving Violation | Cost Increase | Total Insurance Cost |
|---|---|---|
| Driving Without Headlights | +$64 | $1,509 |
| Driver's Failure In Showing Documents | +$140 | $1,585 |
| Driving With An Expired Registration | +$149 | $1,594 |
| Driving At A Considerably Slow Pace | +$314 | $1,759 |
| Using A Cellphone While Driving | +$331 | $1,776 |
| Running A Red Light | +$337 | $1,782 |
| Speeding | +$354 | $1,799 |
| Driving A Vehicle Without The Required Permission | +$449 | $1,894 |
| Driving With An Expired/Suspended License | +$974 | $2,419 |
Lakeland, FL Auto Insurance Rates Based on Anti-Theft Feature | Back to Top
Cars that are equipped with safety devices are less prone to thefts. As a result, auto insurance companies provide a considerable amount of discounts to vigilant car owners. The discounts vary depending on the type and number of safety devices installed.
| Anti Theft Feature | Insurance Cost |
|---|---|
| Audible Alarm | $1,387 |
| Active Disabling Device | $1,387 |
| Tracking Device | $1,358 |
| Passive Disabling Device | $1,344 |
Latest Auto Insurance Reviews in Lakeland, FL | Back to Top
State FarmSAME INSURANCE AND HAS BEEN SO GREAT WITHOUT ANY ISSUES AT ALL.
State FarmTends to cost a little more than other policies from other companies. But overall seems like a good value especially with bundling of other services to make a better value overall.
ProgressiveThe premium and deductible of my policy compared to other insurance companies has always been competitive. My rates have never risen over the years and had usually gone down. .
GeicoGeico has amazing customer service. I have had to call them many times with questions or for claims and have always had a great experience.
UsaaI would 100% recommend USAA for car insurance because we have always had excellent customer service, making it extremely easy to pay our premiums and file and process claims.
AllstateI would recommend this company to anyone. They are advanced and know what they are doing. I really enjoy them.
UsaaI would recommend them, if only for the prices. They are much lower than any one else. We luckily don't need to use it very often.
AaaIt has been good so far. They have low rates, and they have good coverage. I have talked to them several times on the phone and they have been friendly.
EsuranceThis policy helped me get the minimum insurance for my state with an affordable price.
EsuranceThis policy helped me get the minimum insurance for my state with an affordable price.
GeicoOverall I went with a minimal coverage option for my motorcycle, meaning most of the cost for repairing my bike would come out of pocket while getting more coverage for any damage I might cause in an accident and more coverage for my own medical expenses should I be injured in an accident.
GeicoThey have the lowest premium that I've found. It could always be lower.
UsaaThe only issue that I have (and it is a small issue) is that I wish they had a chat feature on the the website. Sometimes, I cannot wait on the phone at work, but I could easily chat with someone.
UsaaI feel that my premium is comparable to others. I like the service that my company provides so I choose them predominantly for this reason combined with the price factor.
AllstateThe premium with this company is excellent. About $20 a month lower than other companis I shopped around with, and the coverage is exactly what I need with no filler.
MetlifeI would say that premium is still kinda high. I know that I am in a high risk pool being a male in my mid-twenties, but I have had no tickets and no accidents in the past 7 years. I feel as if I should be rewarded for that.
GeicoThe premium for this policy is more affordable and a better price than other insurance company quotes I received. I have full coverage auto insurance, with numerous perks and benefits, for a cheaper price than other companies, including some liability-only policies.
Safeco InsuranceThey beat all prices that I compared too. I shopped around a lot before choosing them and by far they save me lots of money.