Cheapest Car Insurance Quotes in Lake City

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Lake City Car Insurance

^$ 23

/mo

Written by Sara Sam

Edited by Renee Martin

Why you can trust Way?

The auto insurance rates published in this guide are based on the results of research completed by Way’s data team. Using a mix of public and internal data, we analyzed millions of rate averages across U.S. ZIP codes. These rates were publicly sourced from insurer filings and should be used for comparative purposes only — your own quotes will differ. Given this, it’s important to go through our insurance steps form to find how much you can save with Way.

Table of Contents

How Much Is Car Insurance in Lake City

The car insurance rate in Lake City is $1113 for a six-month policy, which is $34 lower than the higher than the state average. Root Insurance Company offers the lowest rates in the city at $357, making it a popular choice for budget-conscious drivers. Rates in Lake City can vary depending on your age, driving record, and coverage level, so not every driver will pay the same amount. Choosing a higher deductible, maintaining a clean driving history, and comparing quotes from multiple insurers can help you find better deals and save money over time.

Avg. Car Insurance in Lake City

$1113

Avg. Car Insurance in Colorado

$1147

National Average

$1140

Cheapest Car Insurance Companies in Lake City

1st place: Colorado Farm Bureau

At $357 for a six month policy, Colorado Farm Bureau offers the cheapest auto insurance rates in the city.

2nd place: American National P&C

American National P&C offers auto insurance rates at $392 for a six-month policy, making it one of the cheapest to insure with.

3rd place: AutoOwners Insurance Co

AutoOwners Insurance Co offers auto insurance rates at $588 for six months, making it the third cheapest auto insurance company in Lake City.

Lake City Car Insurance Rates by Company

Based on our research, the cheapest car insurance company in Lake City, CO is Colorado Farm Bureau, offering policies at just $357 for a six-month term. This is followed by American National P&C, which has an average six-month premium of $392.

At the higher end of the spectrum, California Casualty is the most expensive, with rates reaching $1429 for a six-month policy. Rates can vary widely by driver, but comparing quotes from multiple companies can help Lake City drivers find the best deals.

Cheap Car Insurance Companies in Lake City, CO

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Colorado Farm Bureau	$357	$61
American National P&C	$392	$65
Auto-Owners Insurance Co	$588	$100
Acuity	$639	$107
Colorado Farm Bureau Mutual	$749	$127
American Family	$939	$158
American National	$968	$165
Auto-Owners	$1043	$174
USAA	$1072	$180
State Farm	$1123	$189
Progressive	$1187	$200
Allstate	$1660	$279
Farm Bureau	$1660	$282
Nationwide	$1936	$323
Farmers	$2074	$349
California Casualty	$1429	$239

Key Takeaways

Way's key takeaways about car insurance in Lake City

The auto insurance costs in Lake City fall around $357 for six months.
The cheapest auto insurance company in Lake City is Colorado Farm Bureau.
Teen drivers pay the highest rate in Lake City at $1311 per month.

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Cheapest Minimum Liability Car Insurance in Lake City

Since car insurance is a critical requirement for owning a car, you must have minimum liability car insurance. The cheapest car insurance companies for minimum coverage in Lake City are given below.

Colorado Farm Bureau provides the cheapest minimum car insurance coverage in Lake City. Their Average 6 Month Premium is $139. California Casualty is the most expensive at $202 for the same period.

Cheapest Liability Coverage in Lake City, CO

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Colorado Farm Bureau	$139	$23
American National P&C	$149	$25
American National	$178	$30
Colorado Farm Bureau Mutual	$208	$35
USAA	$237	$40
Auto-Owners Insurance Co	$271	$46
Farm Bureau	$276	$47
Progressive	$288	$49
Acuity	$294	$49
State Farm	$323	$54
American Family	$329	$55
Auto-Owners	$386	$66
Allstate	$633	$107
Nationwide	$639	$109
Farmers	$645	$109
California Casualty	$202	$34

Cheapest Full Coverage Car Insurance in Lake City

One might think that minimum coverage is only required when insuring your car insurance. However, having full coverage car insurance in any city is certainly a wise choice as it offers better coverage and protection. Our best pick for the cheapest auto insurance quotes in Lake City is Colorado Farm Bureau at $61 per month and $357 for six months.

Cheapest Full Coverage Car Insurance Quotes in Lake City, CO

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Colorado Farm Bureau	$357	$61
American National P&C	$392	$65
Auto-Owners Insurance Co	$588	$100
Acuity	$639	$107
Colorado Farm Bureau Mutual	$749	$127
American Family	$939	$158
American National	$968	$165
Auto-Owners	$1043	$174
USAA	$1072	$180
State Farm	$1123	$189
Progressive	$1187	$200
Allstate	$1660	$279
Farm Bureau	$1660	$282
Nationwide	$1936	$323
Farmers	$2074	$349
California Casualty	$1429	$239

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Average Car Insurance in Lake City by Rating Factor

The car insurance rates for two people under the same ZIP code will mostly be different. This is mostly because insurance rates are calculated based on several rating factors. These rating factors include the driver's age, gender, marital status, driving and claims history, credit score, location, type of vehicle, and coverage levels.

I have a clean driving record. Why is my car insurance rate here in Lake City, CO increasing?

Despite maintaining a clean driving record, your car insurance rates in Lake City, Colorado, may be increasing due to several external factors. Colorado has experienced significant rate hikes recently, with average premiums rising by 25.5% in 2023, largely attributed to higher claims volumes and inflation.

Additionally, Lake City's high urban population density, raised auto theft rates, and frequent natural disasters contribute to increased insurance costs.

Car Insurance Premiums by Age in Lake City

It is quite evident why teen drivers pay the highest car insurance rates in any city. Their lack of experience and increased accident rates make them a highly risky category. However, as you grow older, your car insurance rates will decrease. So, it is better to not have separate policies for teens; instead, add them to their parents' policies.

Cheapest Car Insurance Companies Based on Age Group

Age Group	Cheapest Companies	Avg. 6 Mo. Premium
20s	USAA	$826
30s	USAA	$606
40s	USAA	$523
50s	USAA	$529
60s	USAA	$538
70s	USAA	$631

Cheapest Car Insurance Rates for Teen Drivers in Lake City,CO

If you are planning to get a car insurance policy for your teenage dependent, American National provides the cheapest car insurance in the Lake City at $24 per month. At $7790 for a six-month premium, Farmers offers the most expensive rate for teen drivers.

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
American National	$145	$24
American National P&C	$178	$30
California Casualty	$202	$34
Colorado Farm Bureau	$253	$43
Auto-Owners Insurance Co	$369	$61
Colorado Farm Bureau Mutual	$1319	$224
USAA	$1556	$262
American Family	$1930	$325
State Farm	$2541	$428
Progressive	$3157	$532
Auto-Owners	$3411	$568
Allstate	$3457	$582
Nationwide	$6211	$1035
Farmers	$7790	$1311

Teen Car Insurance Rates in CO by Age

Way Tip

If you are in your twenties USAA is the best choice for car insurance in Lake City.

As young drivers face the highest rates in Lake City, USAA offers the cheapest auto insurance rates at $826 for six months.

Car Insurance Rates by Credit Score & Driving History

Similar to your driving history, your financial history also plays a key role in determining your auto insurance rates. A low credit score would mean a lapse in payment and increased chances of filing claims, which results in higher auto insurance rates. Therefore, the higher the credit score, the lower the car insurance rates will be.

Cheapest Car Insurance Companies for Bad Credit

For those with poor credit scores in Lake City, Colorado Farm Bureau is the cheapest car insurance provider. At $271 for a six-month premium, they offer the best rates in the city. The most expensive auto insurance rate for drivers with bad credit in Lake City is State Farm, offering rates of around $3734 for six months.

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Colorado Farm Bureau	$271	$46
Acuity	$415	$69
American Family	$1233	$208
Progressive	$1274	$214
USAA	$1786	$304
Farmers	$2264	$381
Allstate	$2898	$493
Nationwide	$2944	$491
Auto-Owners	$3157	$536
State Farm	$3734	$623

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Car Insurance Rates with An Accident in Lake City

Both accidents and the resulting increase in insurance rates are often beyond our control. When you’re involved in an accident, you become riskier to insure, consequently increasing the rates. In Lake City, CO, accidents can lead to significant hikes in your premiums.

Cheapest Car Insurance Companies after an At-Fault Accident in Lake City

The cheapest car insurance companies after an at-fault accident in Lake City include Colorado Farm Bureau and American National, offering $173 and $202, respectively. Nationwide is an expensive provider with an average six-month premium of $3377.

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Colorado Farm Bureau	$173	$29
American National	$202	$34
American National P&C	$213	$36
Farm Bureau	$271	$46
California Casualty	$392	$65
State Farm	$882	$148
Colorado Farm Bureau Mutual	$905	$150
USAA	$905	$152
American Family	$1135	$191
Progressive	$1585	$267
Auto-Owners	$1734	$289
Allstate	$2397	$404
Farmers	$2852	$480
Nationwide	$3377	$574

Lake City Car Insurance Rates by Violation

Here is a list of driving violations that can increase your car insurance rates in Lake City CO. For example, the car insurance in Lake City after a DUI increases to $1026 for a six month policy. While the rate increases by $300 for a six-month policy in the case of a speeding ticket.

Lake City auto insurance quotes by violations

Accident/Violation	Avg. 6 Mo Premium	Avg. Monthly Premium
None	$1285	$214
One Med/PIP claim	$1291	$219
Not-at-fault accident	$1313	$219
One comp claim	$1319	$224
Two Med/PIP claims	$1319	$220
Two comp claims	$1372	$233
Failure to wear a seat belt	$1435	$240
Failure to show documents	$1446	$246
Child safety restraint	$1464	$243
Driving without lights	$1464	$249
Driving with expired registration	$1521	$253
Texting while driving	$1538	$262
At-fault accident - less than $1000	$1550	$258
Cell phone violation	$1556	$265
Failure to yield	$1556	$259
Following too closely	$1556	$265
Illegal turn	$1556	$259
Failure to stop at a red light	$1562	$266
Driving too slowly	$1568	$261
Improper passing	$1573	$268
Wrong way/wrong lane	$1579	$263
Speeding 6 - 10 MPH over limit	$1585	$270
Speeding 11 - 15 MPH over limit	$1590	$265
Speeding 16 - 20 MPH over limit	$1590	$271
Speeding in school zone	$1596	$266
Passing school bus	$1625	$276
In 65 MPH zone	$1729	$288
Operating a vehicle without permission	$1734	$295
Speeding 21 - 25 MPH over limit	$1758	$293
Open container	$1803	$307
At-fault accident - $1000-$2000	$1895	$316
At-fault accident - greater than $2000	$1936	$329
Driving with a suspended license	$2028	$338
Reckless driving	$2236	$380
Refusal to submit to a chemical test	$2258	$376
Racing	$2281	$388
DUI	$2311	$385
Leaving scene of an accident/hit and run	$2397	$407

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Way Tip

Avoid Having A DUI On Your Driving Record.

A DUI can increase your car insurance rates—by $5,000 to $10,000 over five years. Speeding, reckless driving, and at-fault accidents also raise rates, staying on your record for 3–5 years, while DUIs/DWIs can impact you longer.

Car Insurance Rates in Lake City after a DUI

There may have been times when you drank but chose not to drive—a smart and responsible decision, as most states treat DUIs as a serious offense. Your car insurance rates can double after a DUI charge, making it harder to find affordable coverage in Lake City.

The cheapest car insurance premiums in Lake City are offered by Colorado Farm Bureau at $202 for a six-month policy. However, it can be as expensive as $4546 with companies like Nationwide.

Lake City car insurance quotes with a DUI

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Colorado Farm Bureau	$202	$34
American National	$213	$36
American National P&C	$242	$41
Farm Bureau	$317	$54
Colorado Farm Bureau Mutual	$922	$153
Progressive	$980	$165
State Farm	$997	$168
American Family	$1221	$206
USAA	$1297	$218
Farmers	$1775	$299
Allstate	$2068	$348
Auto-Owners	$2155	$367
Nationwide	$4546	$758

Cheapest car insurance after a speeding ticket

One of the easiest ways to save money on car insurance is to stay within the speed limit. After a speeding violation, the cheapest car insurance premiums in Lake City are offered by American National P&C at $178. However, it can be as expensive as $3330 with companies like Farmers for a similar six-month premium.

Cheapest Car Insurance in Lake City after Speeding ticket

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
American National P&C	$178	$30
Colorado Farm Bureau	$184	$31
Auto-Owners Insurance Co	$294	$50
State Farm	$657	$111
American Family	$853	$144
Auto-Owners	$1083	$180
USAA	$1101	$187
Progressive	$1129	$190
Allstate	$1901	$323
Nationwide	$2789	$465
Farmers	$3330	$566

Car Insurance Price Trends in Lake City, Colorado

Car insurance rates in Lake City have fluctuated due to factors such as state regulations, inflation, and changing driving habits.

The average cost of full coverage in the Lake City rose by $228 in December compared to $223 of November. In other words, there has been an increase by $5 when you compare December and November.

The average cost of liability insurance in the Lake City rose to $56 in December, compared to $50 in November. This represents an increase of $6 when comparing December and November.

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Frequently Asked Questions

How much is car insurance in Lake City?

The car insurance in Lake City is $23 per month, which is lower than the national average.

What is the cheapest car insurance in Lake City?

The cheapest car insurance in Lake City is $61 per month for full coverage.

How much is car insurance in Lake City for teenagers?

Car insurance for teenagers costs $145 per 6 months. The rates for teen drivers are higher due to their lack of experience as drivers.

What's the average cost of car insurance in Lake City?

The average cost of car insurance is $1147 for a six-month policy. It will cost around $187 per month to insure your car in Lake City.

Is car insurance expensive in Lake City?

Car insurance can be expensive in Lake City if your rating factors are not favorable. However, with a clean driving record and good credit score, car insurance rates in Lake City can be affordable.

What is the best car insurance in Lake City, CO?

The best car insurance company in Lake City CO is Colorado Farm Bureau, offering $357 for a six-month policy.