For example, Geico offers a multi-vehicle discount for drivers who insure more than one car on their policy. Because your credit history is correlated with your likelihood of filing an insurance claim, Geico uses your credit data to calculate your premium in states where it's legal. As the largest auto insurance company in the country, State Farm makes it easy for drivers to get coverage, file claims and stay in touch. You can get quotes on 26 types of insurance from Geico, including auto, property, life, travel, pet and business insurance.
It's also worth noting that Geico has a usage-based insurance program called DriveEasy, which can help drivers with low mileage save money. We also found that GEICO has the cheapest insurance in Florida for newly licensed 16-year-old drivers, for whom rates are often very expensive. In addition to State Farm, the cheapest auto insurance companies in Florida are GEICO, Travelers and Nationwide. Although it's one of the cheapest car insurance companies in Florida, Travelers doesn't offer home insurance in Florida, so you'll miss out on a package discount.
Expensive cars, sports cars and cars with high theft rates are considered to be riskier to insure than cheaper and more practical vehicles. Finally, if you're still struggling to pay for your Geico policy, you should consider switching to another insurer. Geico discounts are offers that can save Geico car insurance customers up to 40%, or even more if discounts are combined. This means that after an accident, you should apply for coverage for your injuries and medical bills from your own auto insurance company, even if the other driver was at fault.
The following list shows the average annual costs of car insurance in Florida's 10 largest cities by population size. The cheapest car insurance for younger drivers is GEICO, but State Farm is the cheapest for older teens. Drivers who invest in safety training or educational courses can benefit from savings on their car insurance.