Full-time students with a good academic record could get up to 15% off certain coverages. State Farm offers the cheapest auto insurance with minimum and full coverage in Florida. State Farm is the most affordable option for young adults, seniors, sports car drivers and people with violations. Nationwide is ideal for teens and drivers with bad credit.
Aside from that, the best way to reduce your car insurance costs is to compare the rates of at least three insurance companies. In addition to being the cheapest auto insurer for Floridians in general, it is the most affordable option for several specific categories, such as full coverage and insurance for good drivers. Improving your credit rating and money management over time can help you lower your insurance rate, but you can also look for insurers that offer safe driver discounts or other discounts to help offset increases in rates based on your credit rating. There are several factors that affect how much you'll pay for car insurance in Florida, such as your driving history, age and location, the amount of coverage you buy, and the insurance company you buy it from.
And if an area has a particularly high theft rate, car insurance can be more expensive because of the risk of vehicle theft. You can also demonstrate your financial responsibility by maintaining minimal car insurance with no gaps in coverage. Instead, MoneyGeek offers a car insurance calculator to help you get a quick estimate without providing personal information to multiple insurers. Florida drivers should expect to pay approximately that amount in advance each month to keep their auto insurance policy active.
On average, car insurance rates for adolescent boys tend to be significantly more expensive than for adolescent girls. In general, the easiest way to make sure you get the cheapest full-coverage car insurance possible is to compare quotes from several companies and take advantage of all the discounts you qualify for. Just about anyone can get a discount on car insurance in Florida because most insurance companies make it easy to get a variety of savings. The average cost of car insurance in Florida is 85% higher than the national average auto insurance premium.
You can get discounts on auto insurance in Florida depending on how you drive, the car you own, and your relationship with your insurance company. Luxury cars, electric cars, and sports cars are often more expensive to insure than other types of models. Because sports cars have higher repair and replacement costs, car insurance is often, but not always, more expensive than a policy for a standard vehicle. Full-coverage auto insurance in Florida costs an average of 189% more than minimum coverage policies, since full-coverage policies usually consist of comprehensive and collision insurance, as well as any coverage required by state law.