Lakewood, WA
Insuring your car and home in Lakewood, WA
How Lakewood households can compare car and home coverage, with local Census data. A quote is not a binder.
Two numbers frame insurance in Lakewood: 48% of households are homeowners, and 72% of commuters drive alone. With a population near 62,709, that adds up to a lot of households insuring a house and at least one vehicle.
Lakewood commuting and vehicle data
| Measure | Lakewood | Washington |
|---|---|---|
| Drive alone to work | 72% | 63% |
| Carpool | 13% | 8% |
| Work from home | 9% | 20% |
| Commute of 45 minutes or more | 18% | 17% |
| Commute under 15 minutes | 20% | 26% |
| Households with no vehicle | 9% | 7% |
| Households with 3 or more vehicles | 19% | 26% |
Data: Census Bureau ACS 2020–2024 five-year estimates (commuting and vehicles available).
About 18% of Lakewood commuters travel 45 minutes or more each way (Washington: 17%). More time on the road means more exposure, which is why insurers ask how far and how often each car is driven.
Fewer Lakewood workers telecommute (9%) than the state average, which means more cars on the road at rush hour.
Vehicle counts vary: 19% of households in Lakewood have at least three vehicles (Washington: 26%). A multi-car policy, combined with homeowners, often earns the biggest stack of discounts.
Lakewood homes and homeowners coverage
Census figures put Lakewood's median home value at $461,200 (Washington: $564,600) and its median year built at 1975. Older homes raise questions about roofs, wiring, and plumbing; newer ones may qualify for new-home credits.
Benchmark: $1,209 was the average 2023 Washington HO-3 premium at the $450,000–$499,999 coverage level, per the NAIC. Countrywide, the all-amounts HO-3 average was $1,737.
Averages are for information only and are not a quote or offer of coverage. Your actual premium depends on underwriting.
Washington auto minimums that apply in Lakewood
The state minimum is 25/50/10. Additional requirement: none beyond liability. See our state minimums guide for how these compare across our ten states.
One insurer or two for a Lakewood household
Most Lakewood homeowners also own at least one car, which makes a multi-policy discount worth checking. Ask whether one storm that damages both car and house would trigger a single deductible.
What can go wrong in Lakewood
Around Lakewood, two exposures stand out: windstorms that drop trees on cars and roofs and icy winter roads. Flood is excluded from both standard auto liability and homeowners policies unless you buy comprehensive (for the car) and a separate flood policy (for the house).
County hazard detail: FEMA National Risk Index.
Neighboring cities and Lakewood
Tacoma: 66% drive alone, 20% commute 45+ minutes, median home $479,600. Puyallup: 75% drive alone, 24% commute 45+ minutes, median home $551,800. Seattle: 37% drive alone, 14% commute 45+ minutes, median home $938,600. For share of 45-minute-plus commutes, Lakewood is 11th of 30 Washington cities on this site.
Lakewood quote checklist
- Vehicle year, make, model, and VIN
- When the roof was replaced
- Everyone in the household who drives
- Liability limits you want
- Recent claims or violations
- Annual mileage for each car
Questions from Lakewood drivers and homeowners
What auto insurance is required in Lakewood?
Washington requires liability of 25/50/10; none beyond liability.
How long are commutes in Lakewood?
About 18% of Lakewood workers commute 45 minutes or more and 20% commute under 15 minutes (ACS 2020–2024).
How much is home insurance in Lakewood?
There is no single price. As context, Washington HO-3 policies averaged $1,232 in 2023 (NAIC), and averages rise with dwelling coverage.
More Washington cities
Auto and home insurance in Washington
Last updated October 15, 2026 · How we research