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Florida residents pay some of the most expensive insurance rates in the country for their vehicles. Perhaps it’s the dangerous weather that causes so many floods, the sheer number of tourists, or any number of other factors. Whatever it is, people who live in Florida know the pain of paying exorbitant fees for car insurance. If you’re a Florida resident interested in paying fewer fees for your car insurance, you might want to consider shopping around. According to national insurance data, the least expensive rates are typically found with the following insurance companies:

  • Florida Farm Bureau Insurance
  • USAA
  • Geico
  • Travelers
  • State Farm

There are dozens of other insurance agencies happy to help you find lower rates in the Sunshine State, but it depends on more than just finding the best price. If you want the best rate for your Florida auto insurance, you must consider how the following will affect your rates.

Your Home

Where you live plays a large role in the kind of insurance you pay for. If you live in a high-crime neighborhood or one with low economic status, you’ll pay more. There are more thefts, fewer insured drivers on the road, and more dangers for your vehicle. If you live on the beach or another body of water, your rates will be higher because your car stands a higher chance of being flooded. If you live far from where you work, you’re going to find your insurance is more expensive because you spend more time on the road.

Your Credit

Florida residents need good credit for the best insurance rates. Your credit score isn’t going to cause you insurance denial, but it’s going to cost you low rates. You should work on your score if it’s low, and avoid applying for a new insurance policy until you go from bad credit to good. Your insurer uses this as an idea of how trustworthy and reliable you are as a bill paying individual, and see negative items on your credit report shows them you’re a risky customer.

Your Driving History

Don’t assume going a year or two without a ticket or accident on your record means you’re a good driver. When you seek a new insurance policy, your insurer looks at your entire past driving record. If you have numerous incidents in which tickets or accidents were noted on your record, you’re going to be labeled as a dangerous driver. If this is you, be prepared to pay higher premiums.

Your Personal Life

Your marital status, age, and gender play a large role how much you pay for insurance. Married couples tend to pay less, but those who are under 25 can expect to pay more. Young men are more likely to become involved in accidents, so insurance companies charge them more money for their insurance. You should get to know which life factors will affect your rates, even if you’re unable to change them at the moment.

The Cheapest Policy

One important factor while looking for a cheaper insurance rate is cost. You want to pay as little as possible for as much as possible, but you don’t want to pay as little as possible for as little coverage as possible. If your policy is cheap because your deductible is high, it’s fine as long as you can afford to pay the deductible if necessary. If your coverage is comprehensive, a cheap plan might work. If it’s lacking and leaves you paying more than you can afford when an accident or other issue occurs, it’s not a plan worth paying for no matter how inexpensive it is.

Your insurance company is happy to work with you if you give them a call. Let them know you’ve been a long-time customer and would like to see if you can get a discount so you don’t have to look for a new insurance company. If they won’t do that, ask about discounts for the safety features your car possess. Alarm systems, driving assistance features, and more can affect your rates if you just let the insurance company know you have them and use them regularly.