If you’re looking for cheap car insurance in Florida, you’re not alone. Many people are unaware that they can save up to 39% on their car insurance premiums by comparing rates from several companies. However, some of the most popular insurers charge up to 48% more than the average policy. In Florida, for example, drivers who have less than five years of history pay about 11% more on their car insurance premiums than drivers who have been insured for at least five years.
A good place to start is with discounts for military members. While you may be eligible for discounts if you are a member of the military, a good rule of thumb is that a married driver will pay less than a single person. In Florida, married drivers tend to pay about 6% less than singles. Be aware, though, that insurance companies will charge more for minor driving violations than for those with clean driving records. According to an independent study, drivers in Florida with tickets or points on their license pay an average of $2,902 a year on average compared to those without. In the state of Florida, GEICO and State Farm are the cheapest providers for drivers with clean records.
You should also consider combining policies with your parents. Young drivers have higher insurance rates than older drivers, which means that their premiums will be higher. On average, an 18-year-old will pay three times more than a 30-year-old. In order to keep costs low, sign on to your parent’s policy and save at least $99 per month or $1,188 a year. Be sure to reject uninsured motorist coverage as well, as these types of coverage can be a huge cost.
The average rate for an annual plan is $2,125 for drivers with good or excellent credit, and $3,643 for those with bad or poor credit. Insurers consider a wide variety of factors when determining rates, including the type of vehicle you drive and the number of miles you drive. A good credit history is a good way to save money on car insurance. But remember to check with your agent before signing up.
The most expensive car insurance Florida is GEICO. Its premiums for a full-coverage policy start at $45 per month, but the cost of a DUI policy increases to $701 annually. Fortunately, there are some ways to get cheap car insurance in Florida without hurting your budget. GEICO, for example, is the cheapest option for drivers with good credit, but it will cost you $2,002 more than your average policy from the other two.
The lowest rates for car insurance Florida depend on your age, driving history, and the type of vehicle you drive. For example, drivers with a clean driving record will pay a lot less than those with one or more accidents. In addition, drivers with a bad driving record will have to pay a lot more than those without an accident. Therefore, it’s important to compare rates from several different insurers to find the best coverage for your needs.