Cheapest Car Insurance Quotes in Elwood

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Elwood Car Insurance

^$ 62

/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 Elwood

The car insurance rate in Elwood is $1461 for a six-month policy, which is $432 higher than the higher than the state average. Root Insurance Company offers the lowest rates in the city at $784, making it a popular choice for budget-conscious drivers. Rates in Elwood 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 Elwood

$1461

Avg. Car Insurance in New York

$1029

National Average

$1140

Cheapest Car Insurance Companies in Elwood

1st place: Kemper

At $784 for a six month policy, Kemper offers the cheapest auto insurance rates in the city.

2nd place: New York Central Mutual Fire

New York Central Mutual Fire offers auto insurance rates at $1038 for a six-month policy, making it one of the cheapest to insure with.

3rd place: Progressive

Progressive offers auto insurance rates at $1047 for six months, making it the third cheapest auto insurance company in Elwood.

Elwood Car Insurance Rates by Company

Based on our research, the cheapest car insurance company in Elwood, NY is Kemper, offering policies at just $784 for a six-month term. This is followed by New York Central Mutual Fire, which has an average six-month premium of $1038.

At the higher end of the spectrum, Allstate is the most expensive, with rates reaching $2184 for a six-month policy. Rates can vary widely by driver, but comparing quotes from multiple companies can help Elwood drivers find the best deals.

Cheap Car Insurance Companies in Elwood, NY

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Kemper	$784	$133
New York Central Mutual Fire	$1038	$173
Progressive	$1047	$176
American Family	$1214	$204
NYCM	$1274	$214
Erie	$1527	$254
Nationwide	$1535	$261
USAA	$1544	$260
State Farm	$1914	$322
Travelers	$2016	$339
Allstate	$2184	$368

Key Takeaways

Way's key takeaways about car insurance in Elwood

The auto insurance costs in Elwood fall around $784 for six months.
The cheapest auto insurance company in Elwood is New York Central Mutual Fire.
Teen drivers pay the highest rate in Elwood at $1113 per month.

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Cheapest Minimum Liability Car Insurance in Elwood

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 Elwood are given below.

New York Central Mutual Fire provides the cheapest minimum car insurance coverage in Elwood. Their Average 6 Month Premium is $371. Preferred Mutual is the most expensive at $978 for the same period.

Cheapest Liability Coverage in Elwood, NY

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
New York Central Mutual Fire	$371	$62
NYCM	$388	$65
Kemper	$456	$75
Progressive	$540	$91
American Family	$548	$92
USAA	$666	$112
Nationwide	$709	$118
Erie	$895	$152
State Farm	$1038	$175
Travelers	$1113	$187
Allstate	$1164	$196
Utica National	$809	$138
Preferred Mutual	$978	$163

Cheapest Full Coverage Car Insurance in Elwood

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 Elwood is Kemper at $133 per month and $784 for six months.

Cheapest Full Coverage Car Insurance Quotes in Elwood, NY

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Kemper	$784	$133
New York Central Mutual Fire	$1038	$173
Progressive	$1047	$176
American Family	$1214	$204
NYCM	$1274	$214
Erie	$1527	$254
Nationwide	$1535	$261
USAA	$1544	$260
State Farm	$1914	$322
Travelers	$2016	$339
Allstate	$2184	$368

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Average Car Insurance in Elwood 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 Elwood, NY increasing?

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

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

Car Insurance Premiums by Age in Elwood

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	National Grange Mutual	$799
30s	National Grange Mutual	$569
40s	National Grange Mutual	$548
50s	National Grange Mutual	$557
60s	National Grange Mutual	$599
70s	National Grange Mutual	$822

Cheapest Car Insurance Rates for Teen Drivers in Elwood,NY

If you are planning to get a car insurance policy for your teenage dependent, Kemper provides the cheapest car insurance in the Elwood at $88 per month. At $6613 for a six-month premium, State Farm offers the most expensive rate for teen drivers.

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Kemper	$531	$88
American Family	$640	$108
NYCM	$1071	$180
Progressive	$1695	$285
New York Central Mutual Fire	$1847	$308
USAA	$3391	$571
Nationwide	$4429	$738
Travelers	$5483	$923
Allstate	$5930	$998
State Farm	$6613	$1113

Teen Car Insurance Rates in NY by Age

Way Tip

If you are in your twenties National Grange Mutual is the best choice for car insurance in Elwood.

As young drivers face the highest rates in Elwood, National Grange Mutual offers the cheapest auto insurance rates at $799 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 Elwood, Chubb is the cheapest car insurance provider. At $1139 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 Elwood is Progressive, offering rates of around $7347 for six months.

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Chubb	$1139	$190
Kemper	$1190	$202
Nationwide	$1535	$256
USAA	$2126	$362
NYCM	$2218	$369
Erie	$2404	$409
American Family	$2826	$471
Allstate	$2893	$487
State Farm	$2995	$504
Mercury	$3517	$598
Travelers	$3593	$605
Progressive	$7347	$1237

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Car Insurance Rates with An Accident in Elwood

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 Elwood, NY, accidents can lead to significant hikes in your premiums.

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

The cheapest car insurance companies after an at-fault accident in Elwood include Kemper and American Family, offering $657 and $675, respectively. Preferred Mutual is an expensive provider with an average six-month premium of $818.

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Kemper	$657	$109
American Family	$675	$114
NYCM	$818	$138
Erie	$895	$152
Chubb	$987	$165
Progressive	$1079	$182
New York Central Mutual Fire	$1248	$209
USAA	$1340	$226
Nationwide	$2016	$337
Allstate	$2033	$342
State Farm	$2455	$413
Travelers	$2496	$420
Utica National	$809	$138
Preferred Mutual	$818	$136

Elwood Car Insurance Rates by Violation

Here is a list of driving violations that can increase your car insurance rates in Elwood NY. For example, the car insurance in Elwood after a DUI increases to $1013 for a six month policy. While the rate increases by $161 for a six-month policy in the case of a speeding ticket.

Elwood auto insurance quotes by violations

Accident/Violation	Avg. 6 Mo Premium	Avg. Monthly Premium
None	$1779	$297
One Med/PIP claim	$1779	$302
One comp claim	$1796	$300
Two comp claims	$1813	$308
Two Med/PIP claims	$1813	$302
Not-at-fault accident	$1822	$310
Failure to show documents	$1847	$308
Failure to wear a seat belt	$1856	$315
Driving with expired registration	$1873	$312
At-fault accident - less than $1000	$1882	$320
Cell phone violation	$1882	$314
Child safety restraint	$1882	$320
Driving without lights	$1882	$314
Failure to stop at a red light	$1882	$320
Failure to yield	$1882	$314
Following too closely	$1882	$320
Illegal turn	$1882	$314
Improper passing	$1882	$320
Passing school bus	$1882	$314
Texting while driving	$1882	$320
Wrong way/wrong lane	$1882	$314
Driving too slowly	$1899	$322
Speeding in school zone	$1899	$317
At-fault accident - $1000-$2000	$1906	$324
Speeding 11 - 15 MPH over limit	$1940	$324
Speeding 6 - 10 MPH over limit	$1940	$329
Operating a vehicle without permission	$1974	$329
Open container	$1999	$339
In 65 MPH zone	$2083	$348
Speeding 16 - 20 MPH over limit	$2109	$359
Speeding 21 - 25 MPH over limit	$2184	$364
At-fault accident - greater than $2000	$2353	$400
Reckless driving	$2513	$419
Racing	$2614	$444
Driving with a suspended license	$2708	$452
Refusal to submit to a chemical test	$2766	$470
DUI	$2792	$466
Leaving scene of an accident/hit and run	$2834	$481

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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 Elwood 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 Elwood.

The cheapest car insurance premiums in Elwood are offered by American Family at $640 for a six-month policy. However, it can be as expensive as $2860 with companies like State Farm.

Elwood car insurance quotes with a DUI

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
American Family	$640	$108
Kemper	$675	$115
Progressive	$818	$138
NYCM	$1030	$173
New York Central Mutual Fire	$1518	$253
USAA	$1619	$273
Allstate	$2404	$405
Travelers	$2471	$416
Nationwide	$2505	$417
State Farm	$2860	$481

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 Elwood are offered by American Family at $565. However, it can be as expensive as $2901 with companies like Allstate for a similar six-month premium.

Cheapest Car Insurance in Elwood after Speeding ticket

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
American Family	$565	$97
Kemper	$565	$94
Progressive	$700	$118
NYCM	$936	$156
USAA	$1274	$217
Nationwide	$1755	$293
State Farm	$1899	$322
Travelers	$2775	$463
Allstate	$2901	$493

Car Insurance Price Trends in Elwood, New York

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

The average cost of full coverage in the Elwood dipped by $351 in December compared to $352 of November. In other words, there has been an decrease by $1 when you compare December and November.

The average cost of liability insurance in the Elwood dipped to $121 in December, compared to $125 in November. This represents an decrease of $4 when comparing December and November.

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Frequently Asked Questions

How much is car insurance in Elwood?

The car insurance in Elwood is $62 per month, which is lower than the national average.

What is the cheapest car insurance in Elwood?

The cheapest car insurance in Elwood is $133 per month for full coverage.

How much is car insurance in Elwood for teenagers?

Car insurance for teenagers costs $531 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 Elwood?

The average cost of car insurance is $1029 for a six-month policy. It will cost around $246 per month to insure your car in Elwood.

Is car insurance expensive in Elwood?

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

Cheapest Car Insurance Quotes in Elwood

Why you can trust Way?

How Much Is Car Insurance in Elwood

Avg. Car Insurance in Elwood

Avg. Car Insurance in New York

National Average

Cheapest Car Insurance Companies in Elwood

1st place: Kemper

2nd place: New York Central Mutual Fire

3rd place: Progressive

Elwood Car Insurance Rates by Company

Cheap Car Insurance Companies in Elwood, NY

Way's key takeaways about car insurance in Elwood

High Rates Shouldn’t Drive You Out of Pocket.

Cheapest Minimum Liability Car Insurance in Elwood

Cheapest Liability Coverage in Elwood, NY

Cheapest Full Coverage Car Insurance in Elwood

Cheapest Full Coverage Car Insurance Quotes in Elwood, NY

Don't Let Hidden Costs Drive You Crazy

Average Car Insurance in Elwood by Rating Factor

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

Car Insurance Premiums by Age in Elwood

Cheapest Car Insurance Companies Based on Age Group

Cheapest Car Insurance Rates for Teen Drivers in Elwood,NY

If you are in your twenties National Grange Mutual is the best choice for car insurance in Elwood.

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 Elwood

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

Elwood Car Insurance Rates by Violation

Elwood auto insurance quotes by violations

Your Wallet Deserves Better. Seriously.

Avoid Having A DUI On Your Driving Record.

Car Insurance Rates in Elwood after a DUI

Elwood car insurance quotes with a DUI

Cheapest car insurance after a speeding ticket

Cheapest Car Insurance in Elwood after Speeding ticket

Car Insurance Price Trends in Elwood, New York

Average Car Insurance Cost in Elwood by ZIP Code

Frequently Asked Questions

Tired of Insane Auto Insurance Bills? Us Too!

Find Car Insurance Rates in Cities Near Elwood, NY

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

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