Lakeland, FL Car Insurance

Residents of Lakeland pay around $112 monthly for their car insurance coverage. For information on policy rates, coverage, and more check out our guide below.
How does Lakeland compare to the surrounding area and the rest of Florida? What can Lakeland residents expect to pay for their car insurance? Discover the factors that go into calculating the average cost in our writeups and charts below:  

How much is car insurance in Lakeland?

Area Average Monthly Car Insurance Premium
Lakeland$112
FL$123
United States$81

Car insurance coverage in Lakeland is about $11 cheaper than it is in the rest of Florida.

On the other hand, residents of Lakeland might expect to pay higher rates for coverage than the rest of the country. It's about $31 more for coverage in Lakeland than in the rest of the U.S.

Bear in mind that while these are the average car insurance rates for Lakeland, you could end up paying something different. There are a number of factors that determine how much insurance companies might charge you for your insurance policy. The monthly premium you'll see each month is calculated based on things like age, gender, vehicle make and model, driving record, and in some cases, credit score.

Don't sweat it however, we've broken down average rates for Lakeland residents based on several different factors so that you can get a more accurate idea of your policy's monthly premium. And if you're not sure if you're getting the cheapest rate, simply enter your ZIP below to learn more about rates in your area!

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Average Car Insurance Rates by Age

Age Range Average Premium
Under 18$291
18-24$150
25-34$116
35-44$95
45-54$94
55-64$85
65+$88

Generally, the older you are the more experienced you are behind the wheel, right? That experience can turn into some real savings when it comes to auto insurance rates. According to the table above, you can see that 18-24-year-olds pay significantly more than someone who is at retirement age.

For every 10 years, you can expect to see a decrease in your monthly premium. As you get closer to retirement, however, you may see your rates start to rise again in Lakeland.

Average Car Insurance Rates by Gender

Gender Average
Male$116
Female$108

In general, women pay slightly less for car insurance than men. The difference in Lakeland is around $8 a month. Based on the chart above, you can see that female drivers pay around $108 on average, while male drivers typically pay $116 each month.

Average Auto Insurance Rates by Driving Record

Infractions Average Monthly Premium
1 Accident$131
Multiple Accidents$160
1 Ticket$112
Multiple Tickets$135

One of the key factors in determining your car insurance rates is your driving record. Drivers who avoid accidents and tickets will pay significantly lower rates than those with infractions. Drivers in Lakeland with a single accident will pay around $131 a month. Likewise, drivers with one ticket on their record will be looking at an average rate of around $112.

Wherever you live, accidents, tickets, and other driving infractions will almost certainly drive up your monthly bill. That's why it's important to drive safely and keep your record clean so you can keep your rates as low as possible.

Average Insurance Rates by Vehicle

Vehicle Age Average Monthly Premium
Less Than 1 Year$129
2-3 Years$112
4-5 Years$111
6-7 Years$121
8-10 Years$113
11-14 Years$107
15 Years or Older$111

In Lakeland, the cheapest vehicles to insure are usually trucks and vans, with drivers paying around $93 per month for insurance coverage.

SUV drivers will see rates of about $104, while the rates for car owners average out to about $119 per month.

You can also expect to see slightly different rates depending on the age of your vehicle. Newer vehicles are generally going to be the most expensive to insure. However, if your car is a few years old, you can expect to see your rates start dropping back down. In Lakeland, the most expensive vehicles to insure are vehicles less than one year old.

Average Car Insurance Rates by Relationship Status

Relationship Average Monthly Premium
Single (never married)$114
Married$104
Divorced$107
Widowed$97

More often than not, those who have settled down into marriage will pay slightly less to insure their car. This occurs because insurance companies commonly offer special discounts to policyholders with multiple vehicles that are on the same policy.

The difference in rates based on relationship status in Lakeland is about $10 a month, with married couples paying less for coverage than single drivers.

Average Car Insurance Rates by Housing Situation

Housing Status Average Monthly Premium
Own$99
Rent$112
Live with parents$138

Another factor that comes into play is your housing status. In Lakeland, homeowners can expect to pay around $13 a month less than those who rent. But if you live with your parents, you can expect to pay a lot more.

Depending on your insurance company, they may offer you a discount if you bundle your home or renters insurance with your auto policy.

Car Insurance Companies in Lakeland, FL

Recent trends in car insurance for Lakeland drivers

The average rates for car insurance are constantly changing, so it's a good idea to know the recent trends in your area when choosing your car insurance policy.

In Lakeland, auto insurance rates increased from 2017-2018, but began to decrease in 2021. This trend has continued through 2022 when rates have most recently reached $72.

How does Lakeland compare to neighboring areas?

Why are car insurance rates in Lakeland different from other areas?

Car insurance companies look at several factors when they're figuring out how much to charge for a policy. Your insurance policy will depend largely on where you call home and will be influenced by things such as:

  • Number of drivers in the area
  • Amount of off-street parking
  • Crime levels
  • Road Safety (frequency of local car accidents)
  • Local regulations

An awareness of these factors is important when thinking about buying a new policy or potentially moving to a new home. With the knowledge that different towns and cities will all have different rates, guides like these can be a good way to get a lay of the land of your particular neighborhood.

How can I find the cheapest car insurance in Lakeland?

Familiarizing yourself with patterns in the average costs of drivers like you will give you a leg up in conversations with insurance companies. Ultimately, the only way to know exactly what your rate will be is by requesting a quote from those car insurance companies.

Luckily, Compare.com has you covered. Just type in your ZIP Code below, answer a few questions, and you'll be comparing the cheapest quotes from several of the car insurance companies providing coverage in Lakeland in no time.

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Lakeland Insurance FAQs

What factors affect car insurance quotes in Lakeland?

Auto insurance companies take a wide array of factors into consideration when calculating your monthly payment. These include things like your vehicle's year, make and model, your age and gender, as well as your driving record, credit score, marital status, and address.

Why is the cost of car insurance in Lakeland different from other neighboring cities?

Your address and the city you live in have a significant impact on how much a car insurance company might charge for your policy. Companies take into consideration things like local laws, parking situations, and crime rates when calculating your quote -- all of which can change from city to city.

Which car insurance company will offer me the cheapest rate in Lakeland?

No one insurance company is guaranteed to offer the cheapest rate across the board. Since companies base their rates on factors that differ from person to person, such as driving record, number of drivers on the policy, vehicle make and model, and many more, it's a good idea to use sites like Compare.com to compare multiple quotes at once.

Do I need to change my insurance if I move to Lakeland?

Whenever you relocate or experience another major life event, such as getting married or finding a new job, you should consider re-evaluating your current insurance policy. By using services like Compare.com to compare quotes from multiple companies at once, you can be sure to capture any new savings brought about by your new situation.

Do I need to wait for my policy to expire to switch to a different car insurance company?

No. In fact, you can swap companies at any point, regardless of how much time is left on your current coverage. So, whether you're moving to Lakeland or just curious about rates in your area, why not take 10 minutes to see if Compare.com can save you money?

Find your best rate in just a few minutes