Despite the high cost of car insurance in Florida, there are several ways to lower your premium. Florida auto insurance rates are high for several reasons, including state laws on no-fault auto insurance, exposure to risk due to extreme weather conditions, the average profile of drivers, and the number of uninsured drivers. All insurance products are governed by the terms of the applicable insurance policy, and all related decisions (such as coverage approval, premiums, fees and charges) and policy obligations are the sole responsibility of the insurance insurer. While some Orlando drivers may prefer only minimal coverage, most insurance agents recommend purchasing higher coverage limits as long as you can reasonably afford it.
You can get a discount for driving defensively on car insurance if you complete an approved driver education course. Most insurance companies clearly advertise their auto insurance discounts, so you should always check your insurer's website to see if there are any discounts you can qualify for. Similarly, insurers offer discounts to drivers who use the same insurance company for other types of insurance, such as homeowners or renters. You can get a good student discount on car insurance if you're a high school or college student with a minimum grade point average B.
While car insurance is mandatory in Ohio, many opt for minimum liability insurance, which is extremely affordable but doesn't cover drivers or their vehicles in the event of an at-fault accident. Several insurers offer discounts for cars with alarms, LoJack, or steering wheel locks, which can help prevent car theft. In terms of average car insurance premiums, Idaho drivers only spend a few dollars more than Mainers residents each year. The best way to save money on car insurance is to lower your base premium by taking steps to reduce your risk as a driver.
For example, drivers can get a discount of up to 15% if they insure a car that is three years old or younger. Louisiana is the only state that requires auto insurance companies to offer military discounts, so military service members and their families based in Louisiana will save on their car insurance premiums regardless of the company. Four of the 10 largest insurance companies offer passive restriction discounts, and the requirements are generally the same among insurers. Several factors explain why car insurance in Florida is so expensive, such as busy roads, additional insurance requirements, high health care costs, uninsured driver rates, and the risk of adverse weather conditions.
Typical car insurance policies use statistics about your age, driving history, location, and other factors to determine your premium.