Having car insurance is an important part of owning a vehicle for many people in Florida. Knowing how much car insurance costs in the Sunshine State can help you to budget for your car and make sure you are getting the best rates for your coverage. In this article, we’ll discuss the costs of car insurance in Florida, what factors can affect the cost, and how you can save money on your car insurance.
Average Cost of Car Insurance in Florida
According to the Insurance Information Institute, the average cost of car insurance in Florida is $1,632 per year. This is slightly higher than the national average of $1,548, but still much lower than some other states. The Insurance Information Institute states that the number of uninsured drivers in Florida is higher than the national average, and this contributes to the slightly higher rates.
Factors That Affect the Cost of Car Insurance in Florida
As with any insurance policy, there are several factors that can influence the cost of car insurance in Florida. These include the age of the driver, the type of vehicle being insured, the driver’s driving record, and the amount of coverage being purchased. Generally, drivers who are under the age of 25 and have a less-than-perfect driving record will pay more for car insurance in Florida than older drivers with better driving records.
Discounts for Car Insurance in Florida
Many insurance companies offer discounts for car insurance in Florida. For instance, some companies may offer discounts to drivers who have taken a defensive driving course, or who are members of certain organizations. Additionally, some companies may offer multi-policy discounts if you insure your home and car with the same company. Be sure to ask your insurance company about any available discounts.
How to Save Money on Car Insurance in Florida
There are several ways to save money on car insurance in Florida. First, make sure to shop around and compare the rates from different companies. By comparing rates, you can ensure that you are getting the best deal for your coverage. Additionally, you can reduce your rates by increasing your deductible, reducing your coverage, or taking advantage of any available discounts. Finally, be sure to maintain a good driving record, as this can help to keep your rates lower.
Car insurance in Florida can be expensive, but there are ways to save money. By shopping around and comparing rates, increasing your deductible, and taking advantage of discounts, you can reduce the cost of your car insurance. Additionally, by maintaining a good driving record, you can ensure that you are getting the best possible rate.
Ready to get started?
If you’re ready to start shopping for car insurance in Florida, contact your local insurance agent for more information. They can help you compare rates and find the coverage that’s right for you.