Florida is known for its beautiful beaches, theme parks, and vibrant nightlife. But it's also known for its high auto insurance rates. The average annual cost of auto insurance in Florida is $2,104, which is 38% higher than the national average. If you're looking for cheap auto insurance in Florida, you're not alone. Millions of drivers in the Sunshine State are paying too much for their car insurance.
There are a number of factors that contribute to Florida's high auto insurance rates. These include:
Now that you know why auto insurance is so expensive in Florida, you can start shopping for cheaper rates. Here are a few tips:
cheap auto insurance florida
Here are 7 important points about cheap auto insurance in Florida:
- Shop around for quotes
- Compare rates online
- Ask for discounts
- Raise your deductible
- Drive safely
- Choose the right coverage
- Consider usage-based insurance
By following these tips, you can save money on your auto insurance in Florida.
Shop around for quotes
The best way to find cheap auto insurance in Florida is to shop around for quotes from multiple insurance companies.
- Compare rates online
There are a number of websites that allow you to compare auto insurance rates from multiple companies in one place. This is a quick and easy way to find the best deal on your car insurance.
- Contact an insurance agent
You can also contact an insurance agent to get quotes from multiple companies. An insurance agent can help you compare rates and coverage options and find the best policy for your needs.
- Ask for discounts
Many insurance companies offer discounts for things like being a safe driver, having a good credit score, or bundling your home and auto insurance policies. Be sure to ask about discounts when you're getting quotes.
- Consider usage-based insurance
Usage-based insurance (UBI) is a type of auto insurance that tracks how you drive and rewards you for safe driving habits. If you're a safe driver, you could save money on your car insurance with UBI.
By following these tips, you can shop around for quotes and find the best deal on your auto insurance in Florida.
Compare rates online
One of the easiest ways to shop around for cheap auto insurance in Florida is to compare rates online.
- Visit insurance company websites
Many insurance companies allow you to get a quote online in just a few minutes. Simply enter your ZIP code, vehicle information, and driver information, and the insurance company will provide you with a quote.
- Use an insurance comparison website
There are a number of websites that allow you to compare auto insurance rates from multiple companies in one place. This is a quick and easy way to find the best deal on your car insurance.
- Be sure to compare apples to apples
When you're comparing rates online, be sure to compare policies that offer the same coverage and limits. Otherwise, you won't be able to get an accurate comparison.
- Read the reviews
Before you purchase an auto insurance policy, be sure to read the reviews of the insurance company. This will give you a good idea of the company's customer service and claims handling process.
By following these tips, you can compare rates online and find the best deal on your auto insurance in Florida.
Ask for discounts
Many insurance companies offer discounts for things like being a safe driver, having a good credit score, or bundling your home and auto insurance policies. Be sure to ask about discounts when you're getting quotes.
Here are some of the most common discounts that you may be eligible for:
- Safe driver discount: This discount is for drivers who have a clean driving record. The amount of the discount can vary depending on the insurance company, but it can be as high as 20%.
- Good credit score discount: This discount is for drivers who have a good credit score. The amount of the discount can vary depending on the insurance company, but it can be as high as 10%.
- Multi-policy discount: This discount is for customers who bundle their home and auto insurance policies with the same company. The amount of the discount can vary depending on the insurance company, but it can be as high as 15%.
- Anti-theft device discount: This discount is for drivers who have an anti-theft device installed in their car. The amount of the discount can vary depending on the insurance company, but it can be as high as 5%.
- Usage-based insurance discount: This discount is for drivers who participate in a usage-based insurance program. The amount of the discount can vary depending on the insurance company and the driver's driving habits, but it can be as high as 30%.
By asking for discounts, you can save money on your auto insurance in Florida.
Raise your deductible
Another way to save money on your auto insurance in Florida is to raise your deductible.
- What is a deductible?
A deductible is the amount of money that you have to pay out of pocket before your insurance company starts to pay for covered claims. For example, if you have a $500 deductible and you get into an accident that causes $1,000 in damage, you would have to pay the first $500 and your insurance company would pay the remaining $500.
- How raising your deductible can save you money
The higher your deductible, the lower your insurance premium will be. This is because the insurance company is taking on less risk by agreeing to pay for a higher deductible.
- How much should you raise your deductible?
The amount that you should raise your deductible depends on your financial situation and your risk tolerance. If you have a lot of savings and you're comfortable paying a higher deductible in the event of an accident, then you may want to raise your deductible to save money on your insurance premium.
- Things to consider before raising your deductible
Before you raise your deductible, be sure to consider the following:
- How much money do you have in savings?
- How comfortable are you paying a higher deductible in the event of an accident?
- How often do you file claims?
By raising your deductible, you can save money on your auto insurance in Florida.
Drive safely
One of the best ways to save money on your auto insurance in Florida is to drive safely.
- How driving safely can save you money
Insurance companies reward safe drivers with lower rates. This is because safe drivers are less likely to file claims, which means that the insurance company has to pay out less money. In Florida, drivers with a clean driving record can save up to 20% on their auto insurance premiums.
- Tips for driving safely
Here are a few tips for driving safely and saving money on your auto insurance:
- Obey the speed limit.
- Come to a complete stop at stop signs and red lights.
- Use your turn signals.
- Be aware of your surroundings and other drivers.
- Avoid driving while intoxicated or distracted.
- Be prepared for unexpected situations
Even the safest drivers can get into accidents. That's why it's important to be prepared for unexpected situations. Here are a few tips:
- Always wear your seatbelt.
- Keep your car in good condition.
- Have an emergency kit in your car.
- Know what to do in case of an accident.
- By driving safely and being prepared for unexpected situations, you can save money on your auto insurance in Florida.
Safe driving is not only good for your wallet, it's also good for your safety and the safety of others on the road.
Choose the right coverage
Another way to save money on your auto insurance in Florida is to choose the right coverage.
- What is auto insurance coverage?
Auto insurance coverage is a contract between you and your insurance company that outlines the types of losses that the insurance company will pay for. There are many different types of auto insurance coverage available, but the most common types include:
- Liability coverage
- Collision coverage
- Comprehensive coverage
- Uninsured/underinsured motorist coverage
- Personal injury protection (PIP) coverage
- How to choose the right coverage
The best way to choose the right auto insurance coverage is to talk to an insurance agent. An insurance agent can help you assess your needs and find a policy that provides the coverage you need at a price you can afford.
- Things to consider when choosing coverage
When choosing auto insurance coverage, you should consider the following:
- The value of your car
- Your driving record
- Your financial situation
- Your state's minimum insurance requirements
- By choosing the right coverage, you can save money on your auto insurance in Florida.
It's important to note that the minimum auto insurance requirements in Florida are very low. The minimum requirements are:
- $10,000 in property damage liability coverage
- $20,000 in bodily injury liability coverage per person
- $40,000 in bodily injury liability coverage per accident
- $10,000 in personal injury protection (PIP) coverage
These minimum requirements are not enough to cover the costs of a serious accident. That's why it's important to purchase more coverage than the minimum requirements.
Consider usage-based insurance
Usage-based insurance (UBI) is a type of auto insurance that tracks how you drive and rewards you for safe driving habits.
- How does UBI work?
UBI programs typically use a device that plugs into your car's diagnostic port. The device collects data about your driving habits, such as how many miles you drive, how fast you drive, and how often you brake hard. This data is then used to calculate your insurance premium.
- Who is eligible for UBI?
UBI programs are available to most drivers, but there are some restrictions. For example, some UBI programs are only available to drivers who have a clean driving record. Other UBI programs may have age or mileage restrictions.
- How much can you save with UBI?
The amount of money you can save with UBI varies depending on your driving habits. Safe drivers can save up to 30% on their auto insurance premiums with UBI.
- Is UBI right for you?
UBI is a good option for drivers who want to save money on their auto insurance and who are confident in their driving habits. If you're a safe driver and you're looking for a way to lower your insurance costs, UBI is worth considering.
Here are some of the benefits of UBI:
- UBI can help you save money on your auto insurance.
- UBI can encourage you to drive more safely.
- UBI can help you track your driving habits and identify areas where you can improve.
If you're interested in learning more about UBI, talk to your insurance agent.
FAQ
Here are some frequently asked questions about cheap auto insurance in Florida:
Question 1: What is the average cost of auto insurance in Florida?
Answer 1: The average annual cost of auto insurance in Florida is $2,104, which is 38% higher than the national average.
Question 2: Why is auto insurance so expensive in Florida?
Answer 2: There are a number of factors that contribute to Florida's high auto insurance rates, including the state's high rate of uninsured drivers, the state's high number of accidents, and the state's high rate of fraud.
Question 3: What can I do to get cheap auto insurance in Florida?
Answer 3: There are a number of things you can do to get cheap auto insurance in Florida, including shopping around for quotes, comparing rates online, asking for discounts, raising your deductible, driving safely, choosing the right coverage, and considering usage-based insurance.
Question 4: What is the minimum auto insurance coverage required in Florida?
Answer 4: The minimum auto insurance coverage required in Florida is $10,000 in property damage liability coverage, $20,000 in bodily injury liability coverage per person, $40,000 in bodily injury liability coverage per accident, and $10,000 in personal injury protection (PIP) coverage.
Question 5: What is usage-based insurance (UBI)?
Answer 5: Usage-based insurance (UBI) is a type of auto insurance that tracks how you drive and rewards you for safe driving habits. UBI programs typically use a device that plugs into your car's diagnostic port to collect data about your driving habits, such as how many miles you drive, how fast you drive, and how often you brake hard.
Question 6: How much can I save with UBI?
Answer 6: The amount of money you can save with UBI varies depending on your driving habits. Safe drivers can save up to 30% on their auto insurance premiums with UBI.
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These are just a few of the most frequently asked questions about cheap auto insurance in Florida. If you have any other questions, be sure to talk to your insurance agent.
By following the tips in this article, you can save money on your auto insurance in Florida.
Now that you know how to get cheap auto insurance in Florida, here are a few tips for driving safely and avoiding accidents:
Tips
Here are a few tips for driving safely and avoiding accidents in Florida:
Tip 1: Obey the speed limit.
Speeding is one of the leading causes of accidents in Florida. By obeying the speed limit, you can reduce your risk of getting into an accident.
Tip 2: Come to a complete stop at stop signs and red lights.
Rolling through stop signs and red lights is illegal and dangerous. Always come to a complete stop before proceeding.
Tip 3: Use your turn signals.
Using your turn signals is not only polite, it's also the law. By using your turn signals, you can let other drivers know what you're planning to do and avoid accidents.
Tip 4: Be aware of your surroundings and other drivers.
Pay attention to the road and other drivers around you. Avoid distractions such as talking on your cell phone or texting while driving. Be prepared to react to unexpected situations.
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By following these tips, you can drive safely and avoid accidents in Florida.
Now that you know how to get cheap auto insurance in Florida and how to drive safely, you can hit the road with confidence.
Conclusion
Florida is a beautiful state with a lot to offer, but it's also known for its high auto insurance rates. By following the tips in this article, you can save money on your auto insurance in Florida and drive safely.
Here are the main points to remember:
- Shop around for quotes from multiple insurance companies.
- Compare rates online.
- Ask for discounts.
- Raise your deductible.
- Drive safely.
- Choose the right coverage.
- Consider usage-based insurance.
By following these tips, you can get cheap auto insurance in Florida and protect yourself financially in the event of an accident.
So what are you waiting for? Get started today and save money on your auto insurance in Florida!