Cheapest Car Insurance Quotes in Magnolia

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Magnolia Car Insurance

^$ 19

/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 Magnolia

The car insurance rate in Magnolia is $762 for a six-month policy, which is $63 higher than the higher than the state average. Root Insurance Company offers the lowest rates in the city at $401, making it a popular choice for budget-conscious drivers. Rates in Magnolia 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 Magnolia

$762

Avg. Car Insurance in Iowa

$699

National Average

$1140

Cheapest Car Insurance Companies in Magnolia

1st place: West Bend Mutual

At $401 for a six month policy, West Bend Mutual offers the cheapest auto insurance rates in the city.

2nd place: Grange

Grange offers auto insurance rates at $453 for a six-month policy, making it one of the cheapest to insure with.

3rd place: Travelers

Travelers offers auto insurance rates at $480 for six months, making it the third cheapest auto insurance company in Magnolia.

Magnolia Car Insurance Rates by Company

Based on our research, the cheapest car insurance company in Magnolia, IA is West Bend Mutual, offering policies at just $401 for a six-month term. This is followed by Grange, which has an average six-month premium of $453.

At the higher end of the spectrum, Allstate is the most expensive, with rates reaching $1495 for a six-month policy. Rates can vary widely by driver, but comparing quotes from multiple companies can help Magnolia drivers find the best deals.

Cheap Car Insurance Companies in Magnolia, IA

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
West Bend Mutual	$401	$66
Grange	$453	$77
Travelers	$480	$81
Auto-Owners Insurance Co	$486	$83
Hastings Mutual	$498	$83
Westfield	$531	$90
IMT Insurance Company	$550	$92
State Farm	$654	$110
American Family	$674	$113
USAA	$718	$121
Pekin	$731	$122
Progressive	$738	$124
Auto-Owners	$894	$149
Farm Bureau Mutual (IA Group)	$900	$153
Farm Bureau	$1010	$168
Nationwide	$1198	$204
Grinnell Mutual	$1308	$218
Allstate	$1495	$252

Key Takeaways

Way's key takeaways about car insurance in Magnolia

The auto insurance costs in Magnolia fall around $401 for six months.
The cheapest auto insurance company in Magnolia is Pekin.
Teen drivers pay the highest rate in Magnolia at $644 per month.

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Cheapest Minimum Liability Car Insurance in Magnolia

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 Magnolia are given below.

Pekin provides the cheapest minimum car insurance coverage in Magnolia. Their Average 6 Month Premium is $110. West Bend is the most expensive at $136 for the same period.

Cheapest Liability Coverage in Magnolia, IA

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Pekin	$110	$19
Westfield	$117	$20
Hastings Mutual	$123	$21
Progressive	$130	$22
West Bend Mutual	$130	$22
USAA	$136	$23
Grange	$143	$24
State Farm	$143	$24
Farm Bureau Mutual (IA Group)	$156	$26
Auto-Owners Insurance Co	$162	$27
Iowa Farm Bureau	$174	$29
Travelers	$181	$31
Farm Bureau	$187	$32
American Family	$194	$33
Auto-Owners	$207	$35
Grinnell Mutual	$291	$49
Allstate	$427	$72
Nationwide	$453	$77
West Bend	$136	$23

Cheapest Full Coverage Car Insurance in Magnolia

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 Magnolia is West Bend Mutual at $66 per month and $401 for six months.

Cheapest Full Coverage Car Insurance Quotes in Magnolia, IA

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
West Bend Mutual	$401	$66
Grange	$453	$77
Travelers	$480	$81
Auto-Owners Insurance Co	$486	$83
Hastings Mutual	$498	$83
Westfield	$531	$90
IMT Insurance Company	$550	$92
State Farm	$654	$110
American Family	$674	$113
USAA	$718	$121
Pekin	$731	$122
Progressive	$738	$124
Auto-Owners	$894	$149
Farm Bureau Mutual (IA Group)	$900	$153
Farm Bureau	$1010	$168
Nationwide	$1198	$204
Grinnell Mutual	$1308	$218
Allstate	$1495	$252

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Average Car Insurance in Magnolia 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 Magnolia, IA increasing?

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

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

Car Insurance Premiums by Age in Magnolia

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

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Cheapest Car Insurance Rates for Teen Drivers in Magnolia,IA

If you are planning to get a car insurance policy for your teenage dependent, Westfield provides the cheapest car insurance in the Magnolia at $24 per month. At $3788 for a six-month premium, Nationwide offers the most expensive rate for teen drivers.

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Westfield	$143	$24
Grange	$162	$27
West Bend Mutual	$174	$29
Iowa Farm Bureau	$201	$34
Travelers	$680	$114
USAA	$848	$143
Progressive	$1275	$215
State Farm	$1451	$244
American Family	$1716	$289
Farm Bureau	$2208	$368
Farm Bureau Mutual (IA Group)	$2429	$413
Auto-Owners	$2473	$412
Grinnell Mutual	$2940	$500
Allstate	$3237	$545
Nationwide	$3788	$644

Teen Car Insurance Rates in IA by Age

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 Magnolia, Grange is the cheapest car insurance provider. At $187 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 Magnolia is Grinnell Mutual, offering rates of around $2299 for six months.

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Grange	$187	$32
Westfield	$227	$38
West Bend Mutual	$233	$39
Travelers	$253	$43
Progressive	$731	$123
American Family	$841	$142
State Farm	$1566	$264
Nationwide	$1709	$291
Farm Bureau	$1742	$290
Allstate	$2266	$386
Auto-Owners	$2286	$380
Grinnell Mutual	$2299	$391

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Save up to $971/yr on car insurance rates in Magnolia.

Car Insurance Rates with An Accident in Magnolia

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 Magnolia, IA, accidents can lead to significant hikes in your premiums.

Cheapest Car Insurance Companies after an At-Fault Accident in Magnolia

The cheapest car insurance companies after an at-fault accident in Magnolia include Hastings Mutual and Pekin, offering $123 and $149, respectively. Allstate is an expensive provider with an average six-month premium of $2052.

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Hastings Mutual	$123	$21
Pekin	$149	$25
Western National	$194	$33
Westfield	$194	$33
Grange	$220	$37
Auto-Owners Insurance Co	$227	$38
West Bend Mutual	$227	$38
State Farm	$473	$80
Travelers	$486	$82
Progressive	$687	$116
Grinnell Mutual	$777	$131
American Family	$894	$150
USAA	$997	$166
Auto-Owners	$1172	$199
Farm Bureau Mutual (IA Group)	$1328	$221
Farm Bureau	$1645	$280
Nationwide	$1903	$317
Allstate	$2052	$346

Magnolia Car Insurance Rates by Violation

Here is a list of driving violations that can increase your car insurance rates in Magnolia IA. For example, the car insurance in Magnolia after a DUI increases to $777 for a six month policy. While the rate increases by $111 for a six-month policy in the case of a speeding ticket.

Magnolia auto insurance quotes by violations

Accident/Violation	Avg. 6 Mo Premium	Avg. Monthly Premium
None	$913	$153
One Med/PIP claim	$925	$157
Not-at-fault accident	$952	$159
One comp claim	$978	$167
Two Med/PIP claims	$1004	$167
Child safety restraint	$1024	$174
Failure to show documents	$1024	$170
Failure to wear a seat belt	$1024	$174
Speeding 6 - 10 MPH over limit	$1024	$170
Two comp claims	$1024	$174
Driving without lights	$1029	$171
Driving with expired registration	$1055	$180
Failure to yield	$1055	$175
Illegal turn	$1055	$180
Failure to stop at a red light	$1062	$177
Wrong way/wrong lane	$1068	$182
Cell phone violation	$1075	$179
Driving too slowly	$1075	$183
Speeding 11 - 15 MPH over limit	$1075	$179
Texting while driving	$1075	$183
Speeding 16 - 20 MPH over limit	$1081	$180
Speeding in school zone	$1094	$186
Improper passing	$1101	$183
Following too closely	$1107	$189
At-fault accident - less than $1000	$1127	$187
Passing school bus	$1146	$195
Operating a vehicle without permission	$1204	$201
At-fault accident - $1000-$2000	$1224	$208
Speeding 21 - 25 MPH over limit	$1224	$204
At-fault accident - greater than $2000	$1231	$209
In 65 MPH zone	$1315	$219
Open container	$1385	$235
Racing	$1561	$261
Driving with a suspended license	$1592	$270
Reckless driving	$1632	$271
Refusal to submit to a chemical test	$1658	$282
DUI	$1690	$281
Leaving scene of an accident/hit and run	$1709	$291

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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 Magnolia 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 Magnolia.

The cheapest car insurance premiums in Magnolia are offered by Western National at $194 for a six-month policy. However, it can be as expensive as $2532 with companies like Grinnell Mutual.

Magnolia car insurance quotes with a DUI

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Western National	$194	$33
Grange	$253	$43
Travelers	$253	$43
West Bend Mutual	$253	$43
Progressive	$486	$82
State Farm	$564	$95
American Family	$925	$156
Allstate	$1988	$338
Auto-Owners	$2117	$353
Farm Bureau	$2208	$375
Nationwide	$2370	$395
Grinnell Mutual	$2532	$431

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 Magnolia are offered by Westfield at $143. However, it can be as expensive as $1658 with companies like Allstate for a similar six-month premium.

Cheapest Car Insurance in Magnolia after Speeding ticket

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Westfield	$143	$24
West Bend Mutual	$168	$28
Western National	$194	$33
Iowa Farm Bureau	$214	$36
Travelers	$214	$36
Grange	$220	$37
State Farm	$370	$62
Progressive	$544	$92
American Family	$654	$110
Farm Bureau	$1237	$206
Grinnell Mutual	$1308	$222
Nationwide	$1502	$251
Auto-Owners	$1554	$264
Allstate	$1658	$276

Car Insurance Price Trends in Magnolia, Iowa

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

The average cost of full coverage in the Magnolia remained steady at $153 in both December and November, indicating no change over the two month period.

The average cost of liability insurance in the Magnolia remained steady at $32 in both December and November, indicating no change over the two month period.

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Frequently Asked Questions

How much is car insurance in Magnolia?

The car insurance in Magnolia is $19 per month, which is lower than the national average.

What is the cheapest car insurance in Magnolia?

The cheapest car insurance in Magnolia is $66 per month for full coverage.

How much is car insurance in Magnolia for teenagers?

Car insurance for teenagers costs $143 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 Magnolia?

The average cost of car insurance is $699 for a six-month policy. It will cost around $128 per month to insure your car in Magnolia.

Is car insurance expensive in Magnolia?

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

Cheapest Car Insurance Quotes in Magnolia

Why you can trust Way?

How Much Is Car Insurance in Magnolia

Avg. Car Insurance in Magnolia

Avg. Car Insurance in Iowa

National Average

Cheapest Car Insurance Companies in Magnolia

1st place: West Bend Mutual

2nd place: Grange

3rd place: Travelers

Magnolia Car Insurance Rates by Company

Cheap Car Insurance Companies in Magnolia, IA

Way's key takeaways about car insurance in Magnolia

High Rates Shouldn’t Drive You Out of Pocket.

Cheapest Minimum Liability Car Insurance in Magnolia

Cheapest Liability Coverage in Magnolia, IA

Cheapest Full Coverage Car Insurance in Magnolia

Cheapest Full Coverage Car Insurance Quotes in Magnolia, IA

Don't Let Hidden Costs Drive You Crazy

Average Car Insurance in Magnolia by Rating Factor

I have a clean driving record. Why is my car insurance rate here in Magnolia, IA increasing?

Car Insurance Premiums by Age in Magnolia

Cheapest Car Insurance Companies Based on Age Group

Cheapest Car Insurance Rates for Teen Drivers in Magnolia,IA

If you are in your twenties N/A is the best choice for car insurance in Magnolia.

Car Insurance Rates by Credit Score & Driving History

Cheapest Car Insurance Companies for Bad Credit

Escape the Trap of Rising Insurance Costs.

Car Insurance Rates with An Accident in Magnolia

Cheapest Car Insurance Companies after an At-Fault Accident in Magnolia

Magnolia Car Insurance Rates by Violation

Magnolia auto insurance quotes by violations

Your Wallet Deserves Better. Seriously.

Avoid Having A DUI On Your Driving Record.

Car Insurance Rates in Magnolia after a DUI

Magnolia car insurance quotes with a DUI

Cheapest car insurance after a speeding ticket

Cheapest Car Insurance in Magnolia after Speeding ticket

Car Insurance Price Trends in Magnolia, Iowa

Average Car Insurance Cost in Magnolia by ZIP Code

Frequently Asked Questions

Tired of Insane Auto Insurance Bills? Us Too!

Find Car Insurance Rates in Cities Near Magnolia, IA

Car Insurance Rates by State in the USA (2025 Update)

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