Florida’s car insurance is ranked as one of the most expensive in the country. In 2018, the National Association of Insurance Commissioners (NAIC) ranked it in fourth place nationally. While the national annual average was $1,056, Florida averaged $1,456.
Understandably, many car owners in The Sunshine State look for ways to find the cheapest car insurance Florida offers. This is interesting because a driver’s behavior also contributes to the insurance prices he or she gets. For instance, drivers with multiple tickets and a poor driving record attract higher premiums.
Besides having a clean driving record, a Florida car owner can use the following information to reduce his or her car insurance rates.
Story Stages
1. Compare Different Insurance Providers
Make sure to review different providers when you’re looking for an affordable car insurance policy. Most likely, there are notable differences between rates from different companies. Some providers offer an outright discount to attract customers. Even so, it’s important to dig through the fine print to see what the entire package covers.
Overall, comparing different insurance companies allow users to identify bargains. Several factors determine the rates offered by these insurance providers. Note that each company calculates insurance costs differently. As a result, one insurance company might be cheaper in one area but expensive in another.
Plus, Florida is a no-fault state, so a driver must have a minimum amount of personal injury protection (PIP). This means drivers involved in car accidents must file with their own insurance companies, no matter who caused the incident. PIP coverage can also drive up insurance costs for Florida drivers.
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2. Acquiring Several Insurance Policies From the Same Company
This concept is simple; you just bundle several insurance policies under one insurance provider. The insurance coverage could be for an apartment or extra vehicles you and your family own. When you do that, you qualify for a discount.
In Florida, a family that owns two vehicles will qualify for a discount if two or more cars are in the same household.
3. Maintain a Clean Record
As stated earlier, a poor driving record increases the rates of your car insurance premiums. Insurance companies categorize such people as high-risk drivers. One of the following will place you in a similar position:
- Speeding violations
- Driving under the influence (DUI)
- Living in high-risk areas
- Teen drivers
- At-fault accidents
- Lapse in coverage
That said, all is not lost. There are remedies to such kind of high-risk behavior or classification. You can take a traffic school course as a remedy for some of these violations, such as at-fault accidents or speeding tickets. These courses are even available online for your convenience. You can also take online refresher courses for defensive driving if you want to improve your driving habits.
4. Follow Up on The Discounts
There are various discounts you can get from insurance providers, as well. Most insurance providers offer a discount to customers who’ve stayed with them for a year or longer. Besides a loyalty discount, insurance companies may offer good student discounts for student drivers with good grades or safe driving discounts for drivers with clean driving records.
Other insurance providers reward eco-friendly car owners with a “paperless” discount, where drivers opt to receive policy documents and billing electronically in exchange for lower insurance premiums. All you have to do is to follow up on the type of discounts offered by your insurance provider so you’ll know what you’re eligible for.
5. Manage Your Coverage Options
You can consider other insurance options by switching to a different policy if the one you have is not working for you. Competitors’ rates could be lower, which means you save on your insurance premiums.
Second, you can drop insurance coverage for older vehicles. There is a possibility you will never file a claim for older vehicles, so it doesn’t make sense to insure them. Even so, maintaining older vehicles is costly because your car has seen better days. Also, replacement parts are not as widely stocked as with newer models.
Final Thoughts
There are incredible ways to find the cheapest car insurance premiums in Florida. Insurance premiums shouldn’t be necessarily high when there are multiple options to choose from or creative ways to get discounts.
Ultimately, drivers’ records and habits will have an impact on the insurance policy costs. It’s in your best interest to maintain a clean driving record to get the most affordable premiums. Essentially, these factors, together with the state of your car, such as its mileage, age, and model, will contribute significantly to the final rates.
