When searching for the best auto insurance companies in Florida, you may find it helpful to first determine what's important to you in a policy. However, if you have bad credit, you could have to pay a premium about 100 percent higher than the average cost of car insurance in Florida. Your zip code influences the premium you'll pay for car insurance because the frequency of accidents and crime rates vary by city. Here's what you should know about the costs and nuances of taking out car insurance in the Sunshine State.
Criteria such as age, driving history, credit history, the city in which you live, the coverage you choose and the type of vehicle you drive influence the amount of your car insurance in Florida. Geico and State Farm are among the cheapest auto insurance companies in Florida, according to Bankrate analysis. Having a DUI costs about 63 percent more, while an accident could increase rates about 38 percent above the average cost of car insurance in Florida. Florida car insurance rates can be determined based on credit score, driving history, city, gender, and age.
Because every driver is looking for something different, the best auto insurance company will be unique from person to person. While car insurance is often expensive in Florida, the table below shows how rates differ in five of the most populated cities. If you lease or finance a new vehicle, you're likely to pay more in premiums because of the additional coverages, such as collision insurance, that the landlord may require in your car insurance policy. Another factor that can affect how much you pay in car insurance premiums is the type of coverage you have.
Married couples tend to insure their vehicles with a single policy, resulting in a discount for several cars, which can result in lower insurance premiums than those for single drivers.