FAQs: How can I Find an Affordable Car Insurance Company in Florida?

You need car insurance, that is a given. You should also want car insurance, though. After all, being covered by the best car insurance agency in Florida means that you pay a little bit each month and avoid having to pay a massive bill should anything major happen to your vehicle. Do you like paying a few hundred dollars a month? Probably not. Would you like to pay a few thousand dollars if your car is stolen? Definitely not! That is why having a good car insurance policy through a trustworthy and friendly agency is so important.

 

The real question becomes- how much does car insurance cost? While this is the question everyone asks, the answer is not the same for each person asking it. Car insurance rates depend on a number of factors. These include:

 

Age

Marital status

Gender

Where you live

Average annual distance driven

The vehicle you are covering

Your credit score

Your coverage amount and type

 

Because of all of these different factors, who is the most affordable car insurance company in Florida for one driver may not be the same as someone else. You need to do your research on your own unique situation. Of course, it does help to have a ballpark number in mind. According to data released by NerdWallet, the average annual car insurance cost was around $1,621 dollars in 2019. That works out to an average car insurance rate of about $135 per month for 40-year-old drivers with good credit and no at-fault accidents on their records.

 

In most states some level of car insurance is required, Florida included. It is important to understand that as well as the factors that go into your car insurance price before even purchasing your vehicle. You see, the market value of your car and the history of other drivers with the same make and model play a factor in your auto insurance rates. Sorry to say it, but your new red Corvette is going to cost you quite a bit to insure even if you are a safe driver. A sensible, white sedan on the other hand will cost significantly less to insure for the exact same driver. Also keep in mind that certain safety features may not automatically qualify you for cheaper car insurance, but they can prevent you from getting into accidents, which saves you money in the long run. This includes backup cameras and lane departure warning systems.

 

The best way to find affordable car insurance is to take your time and do a little research. Don’t just listen to a television commercial or choose the same company as your mom. Your driving history, personal details, and vehicle all factor into which policy is going to be the least expensive for you. Don’t worry though, no matter the details, you will be able to be covered by a great policy that has easily monthly payments that don’t break your budget.