Cheapest Car Insurance Quotes in Monroe

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406,175 Policies Sold

Monroe Car Insurance

^$ 15

/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 Monroe

The car insurance rate in Monroe is $868 for a six-month policy, which is $86 lower than the higher than the state average. Root Insurance Company offers the lowest rates in the city at $276, making it a popular choice for budget-conscious drivers. Rates in Monroe 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 Monroe

$868

Avg. Car Insurance in South Dakota

$954

National Average

$1278

Cheapest Car Insurance Companies in Monroe

1st place: American Family

At $276 for a six month policy, American Family offers the cheapest auto insurance rates in the city.

2nd place: Kemper

Kemper offers auto insurance rates at $357 for a six-month policy, making it one of the cheapest to insure with.

3rd place: Farmers Mutual of Nebraska

Farmers Mutual of Nebraska offers auto insurance rates at $443 for six months, making it the third cheapest auto insurance company in Monroe.

Monroe Car Insurance Rates by Company

Based on our research, the cheapest car insurance company in Monroe, SD is American Family, offering policies at just $276 for a six-month term. This is followed by Kemper, which has an average six-month premium of $357.

At the higher end of the spectrum, Farm Bureau is the most expensive, with rates reaching $1638 for a six-month policy. Rates can vary widely by driver, but comparing quotes from multiple companies can help Monroe drivers find the best deals.

Cheap Car Insurance Companies in Monroe, SD

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
American Family	$276	$46
Kemper	$357	$61
Farmers Mutual of Nebraska	$443	$75
Auto-Owners Insurance Co	$470	$80
State Farm	$816	$137
Allstate	$886	$149
Progressive	$892	$150
USAA	$914	$154
Nationwide	$1043	$176
Auto-Owners	$1054	$177
Farmers	$1076	$181
North Star Mutual	$1432	$244
Farm Bureau	$1638	$273

Key Takeaways

Way's key takeaways about car insurance in Monroe

The auto insurance costs in Monroe fall around $276 for six months.
The cheapest auto insurance company in Monroe is Farmers Mutual of Nebraska.
Teen drivers pay the highest rate in Monroe at $521 per month.

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Cheapest Minimum Liability Car Insurance in Monroe

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 Monroe are given below.

Farmers Mutual of Nebraska provides the cheapest minimum car insurance coverage in Monroe. Their Average 6 Month Premium is $92. Farmers is the most expensive at $340 for the same period.

Cheapest Liability Coverage in Monroe, SD

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Farmers Mutual of Nebraska	$92	$15
American Family	$108	$18
Kemper	$125	$21
USAA	$130	$22
Progressive	$136	$23
Auto-Owners Insurance Co	$146	$25
State Farm	$151	$25
North Star Mutual	$162	$27
Auto-Owners	$167	$28
North Star Mutual Insurance	$195	$33
Farm Bureau	$227	$38
Nationwide	$292	$49
Allstate	$319	$55
Farmers	$340	$58

Cheapest Full Coverage Car Insurance in Monroe

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 Monroe is American Family at $46 per month and $276 for six months.

Cheapest Full Coverage Car Insurance Quotes in Monroe, SD

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
American Family	$276	$46
Kemper	$357	$61
Farmers Mutual of Nebraska	$443	$75
Auto-Owners Insurance Co	$470	$80
State Farm	$816	$137
Allstate	$886	$149
Progressive	$892	$150
USAA	$914	$154
Nationwide	$1043	$176
Auto-Owners	$1054	$177
Farmers	$1076	$181
North Star Mutual	$1432	$244
Farm Bureau	$1638	$273

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Average Car Insurance in Monroe 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 Monroe, SD increasing?

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

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

Car Insurance Premiums by Age in Monroe

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 Monroe,SD

If you are planning to get a car insurance policy for your teenage dependent, American Family provides the cheapest car insurance in the Monroe at $24 per month. At $3124 for a six-month premium, Farmers offers the most expensive rate for teen drivers.

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
American Family	$140	$24
North Star Mutual Insurance	$173	$29
Kemper	$178	$30
Auto-Owners Insurance Co	$189	$32
Farmers Mutual of Nebraska	$697	$117
USAA	$1221	$206
State Farm	$1238	$208
Progressive	$1578	$266
North Star Mutual	$1848	$308
Auto-Owners	$2611	$440
Nationwide	$3054	$514
Farm Bureau	$3113	$530
Allstate	$4643	$774
Farmers	$3124	$521

Teen Car Insurance Rates in SD 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 Monroe, American Family is the cheapest car insurance provider. At $125 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 Monroe is Farmers, offering rates of around $1697 for six months.

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
American Family	$125	$21
Western National	$162	$27
Iowa Farm Bureau	$217	$36
Kemper	$248	$42
Farmers Mutual of Nebraska	$438	$74
Progressive	$671	$113
USAA	$1535	$261
Nationwide	$1962	$327
North Star Mutual	$2379	$404
Farm Bureau	$3070	$511
Auto-Owners	$3703	$630
State Farm	$4503	$751
Farmers	$1697	$288

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Car Insurance Rates with An Accident in Monroe

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 Monroe, SD, accidents can lead to significant hikes in your premiums.

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

The cheapest car insurance companies after an at-fault accident in Monroe include American Family and Western National, offering $151 and $173, respectively. Farmers is an expensive provider with an average six-month premium of $1454.

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
American Family	$151	$25
Western National	$173	$29
Kemper	$195	$33
Auto-Owners Insurance Co	$200	$34
North Star Mutual Insurance	$298	$49
State Farm	$465	$78
Farmers Mutual of Nebraska	$502	$85
Progressive	$622	$105
USAA	$654	$110
Auto-Owners	$1000	$168
Allstate	$1298	$217
Nationwide	$1795	$302
North Star Mutual	$2476	$412
Farm Bureau	$2513	$428
Farmers	$1454	$248

Monroe Car Insurance Rates by Violation

Here is a list of driving violations that can increase your car insurance rates in Monroe SD. For example, the car insurance in Monroe after a DUI increases to $789 for a six month policy. While the rate increases by $151 for a six-month policy in the case of a speeding ticket.

Monroe auto insurance quotes by violations

Accident/Violation	Avg. 6 Mo Premium	Avg. Monthly Premium
None	$903	$150
One Med/PIP claim	$903	$154
Not-at-fault accident	$925	$154
Two Med/PIP claims	$956	$163
One comp claim	$962	$160
Failure to show documents	$995	$169
Two comp claims	$995	$166
Failure to wear a seat belt	$1022	$174
Child safety restraint	$1037	$173
Driving without lights	$1037	$177
Driving with expired registration	$1043	$174
Wrong way/wrong lane	$1043	$177
Cell phone violation	$1048	$175
Driving too slowly	$1048	$178
Texting while driving	$1048	$175
Failure to stop at a red light	$1054	$179
Failure to yield	$1054	$176
Following too closely	$1054	$179
Illegal turn	$1054	$176
Speeding 6 - 10 MPH over limit	$1054	$179
Improper passing	$1065	$177
Speeding 11 - 15 MPH over limit	$1070	$182
Speeding 16 - 20 MPH over limit	$1076	$179
Operating a vehicle without permission	$1103	$187
At-fault accident - less than $1000	$1114	$186
In 65 MPH zone	$1114	$189
Speeding in school zone	$1119	$187
Speeding 21 - 25 MPH over limit	$1146	$195
Passing school bus	$1195	$199
Open container	$1238	$210
At-fault accident - $1000-$2000	$1254	$209
At-fault accident - greater than $2000	$1254	$213
Driving with a suspended license	$1513	$252
Reckless driving	$1530	$260
Refusal to submit to a chemical test	$1616	$269
Racing	$1670	$284
DUI	$1692	$282
Leaving scene of an accident/hit and run	$1730	$294

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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 Monroe 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 Monroe.

The cheapest car insurance premiums in Monroe are offered by American Family at $146 for a six-month policy. However, it can be as expensive as $1530 with companies like Farmers.

Monroe car insurance quotes with a DUI

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
American Family	$146	$25
Western National	$162	$27
Progressive	$573	$96
Farmers Mutual of Nebraska	$719	$121
State Farm	$719	$121
USAA	$1265	$213
Auto-Owners	$1357	$228
Allstate	$1443	$246
Nationwide	$2368	$399
Farm Bureau	$3465	$589
North Star Mutual	$4135	$689
Farmers	$1530	$255

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 Monroe are offered by American Family at $146. However, it can be as expensive as $1600 with companies like Farmers for a similar six-month premium.

Cheapest Car Insurance in Monroe after Speeding ticket

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
American Family	$146	$25
Kemper	$151	$25
Western National	$162	$27
Auto-Owners Insurance Co	$167	$28
Farmers Mutual of Nebraska	$248	$42
Progressive	$335	$56
State Farm	$335	$56
North Star Mutual	$427	$73
USAA	$530	$88
Auto-Owners	$967	$165
Farm Bureau	$1059	$177
Nationwide	$1287	$218
Farmers	$1600	$267

Car Insurance Price Trends in Monroe, South Dakota

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

The average cost of full coverage in the Monroe rose by $154 in January compared to $151 of December. In other words, there has been an increase by $3 when you compare January and December.

The average cost of liability insurance in the Monroe remained steady at $27 in both January and December, indicating no change over the two month period.

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Frequently Asked Questions

How much is car insurance in Monroe?

The car insurance in Monroe is $15 per month, which is lower than the national average.

What is the cheapest car insurance in Monroe?

The cheapest car insurance in Monroe is $46 per month for full coverage.

How much is car insurance in Monroe for teenagers?

Car insurance for teenagers costs $140 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 Monroe?

The average cost of car insurance is $954 for a six-month policy. It will cost around $146 per month to insure your car in Monroe.

Is car insurance expensive in Monroe?

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

What is the best car insurance in Monroe, SD?

The best car insurance company in Monroe SD is American Family, offering $276 for a six-month policy.