Auto insurance in Florida. You never know what is going to happen in the next instant of your life. Unluckily, you meet a roadside accident with some boy rushing across the road and you, while trying to save him, hit your car on a roadside fence. Or you may face some unhappy mechanical issues with your car that will result in this unfortunate accident. So, basically, there is nothing to be sure about. You can have accident’s anytime, anywhere. But the intelligent ones are those who always keep in mind the safety precautions. And they not only keep it in mind but also practice them practically, in order to ensure the least possible damage.
Car accidents are worse. It may risk your precious life or of the loved ones around you. Apart from that, it also creates a huge burp for your economy. Losing the newly bought car’s bumper is hurting, but not if you have already insured your car with some best insurance companies out there. As said earlier, intelligent ones are always prepared for accidents. So are you, and that’s why you are here looking for any information about cheap car insurance Florida.
This writing is a detailed piece of information that will let you master from the A to Z of the Auto Insurance in Florida. Many of you reading this would obviously be knowing about what exactly auto insurance is? What does it offer? In case you don’t know, No need to worry about:
Auto insurance is a legal contract between the car owner and an auto insurance company that prevents you from the strong financial losses during a car accident or adrift. In return for your periodical paying premiums, these companies offer you compensation for your unfortunate car accidents. An insurance company is an organization that holds these insurance contracts and is liable to pay you for the losses, obviously in return for the premiums.
Premium is the small amount that different insurance companies set for their policyholders. The specific amount is supposed to be submitted to the insurance company after a pre-defined period. The premium submitted leads you to financial recovery in case of accidents. In short, you pay the premium to the company; Company pays for all the expenses of your car accident.
Rules are different at every corner of the world. Different rules have different sub-rules, and that’s exactly the case with Florida as well. Similarly, insurances are taken everywhere, and in a state like Florida, which is the third-largest state of licensed drivers in the country, there are, again, certain rules. Different insurance companies work under the shadow of these rules and provide the best services to the consumers. There are different leading companies that are competing with one another and are best in one way or the other.
For a new researcher like you, it is a daunting task to go through each one of those websites and scroll across the hundreds of lines. So, leave it to us. We are bringing it up for you. Here are all the answers to all of your questions and confusions. We are starting with a short overview of a bunch of some best car insurance companies in Florida.
Who Has The Cheap Car Insurance In Florida?
So far, you know several different ways to get the most benefit and discount out of the original price of a car insurance policy in Florida. Still, if you are wondering who is the cheapest car insurance provider in Florida is? Don’t worry. We got answers to all of your questions.
Florida car insurance rates are not static; they fluctuate with time; that’s why they are measured in averages. In Florida, the average car insurance price is a bit higher due to several reasons. On average, Florida offers a standard car insurance policy for $2050 per year. Keeping in mind this as the overall average price. Researches and recent reports categories the top three car insurance companies in this order:
The order is as follows:
GEICO: GEICO has an average rate of $995 per year, which is $1,109 less than the average rate in Florida
State Farm: State Farm holds the second position in this list with $1,107 as the average rate per year, which is $1,125 less than the average yearly rate of car insurance Florida.
Liberty Mutual: Liberty Manual holds the third position in the list as its yearly average insurance price is $1,259, which is $850 less than the average yearly rate in Florida.
How To Get Cheap Car Insurance Quotes In Florida?
Florida has one of the expensive average car insurance prices, and there are several reasons for that. But, if you are here, don’t worry. We have sorted out a number of factors that you can utilize to get a list of the best car insurance Florida. These hacks are all visible to everyone, but no one focuses on them because most of the time, people are unaware of them. We are bringing all those factors in one page so that you are perfectly sure about how you can cut your insurance policy price and get cheap auto insurance Florida:
- CHECK FOR DISCOUNTS
Discounts are everywhere. Sometimes you don’t know where those secret discounts are lying. Every insurance company tries their best to sell their policies to you. And they know how much you love discounts. For this, they have prepared different packages that guarantee you more money-saving for better values. Like, there is a famous bundling discount that most of the insurance companies offer. If you are looking for an insurance policy for both your car and home both, you can contact the same insurance provider. Usually, they offer more than one type of insurances. With this, you can get some additional discounted value for the same packages if you have bought them separately.
Similarly, bundling more than one vehicle can also give you more discounts. You have more than one vehicle parked in your garage, and you are looking for some insurance policies for both of them. It is recommended to get both of them into one policy provider that will help you catch a handsome discount. Similarly, there are other discounts as well, like the new membership discounts, professional discounts, driving level discounts and much more.
- REVIEW EVERY SIX MONTHS
Coverage plans are upgraded after a certain time period. At the renewal, they require a renewed deposit of premiums. People usually, when getting into a plan, just let it go. While you are in Florida; Auto insurance is a hot topic here. Because of an increased number of uninsured drivers and several other demands; Insurance policies are selling high here. That’s the reason why prices go up and down simultaneously. And this is where we miss the opportunity. Every six months, the prices are new, and they fluctuate. So every time you are going to pay the next premium, you must look for other options. You can use different discount offers, coupons, and much more to get a better deal than the one you are already holding.
- USE COMPARISON SITES
There is a large number of insurance companies operating out there. In quest of more discounts and cheap insurance policies, it becomes a hectic full-fledged task to gather information from each of those websites and then compare the values. This is where technology snips in and helps you out. You can’t do all that hard work manually; that’s why there are several online comparison making sites. What do they do? They gather all the information from different leading auto insurance providers in your region, say Florida, and then will assess them for you. You just need to give some very initial details, and they will bring you a comparison chart from where you can easily deduce the best value for the money you are spending. It’s not always about the price; it’s about the value you are getting as a result of the price you spend.
- NEVER EVER HOLD A PRE-PAID INSURANCE
The insurance market, like other markets, has a big factor of fluctuations. Every day several new trends come in. New opportunities are made. You see each company bring more discounts, promotional offers and a big range of stuff. All those are for your benefits and can help you to pay less amount for the same values. This can happen in both ways, either you get a chance or discount within your own insurance policy, or you get a good option with some other auto policy provider. But, all this goes in vain if you have already paid for your insurance for the several upcoming periods.
If you are a holder of Pre-paid insurance, you don’t have any option other than sticking to the one you have already paid. So, you are left with a number of promotions and discounts that you can’t avail yourself of because you are already bound to one agency. So, don’t be rigid, be like water in this, and flow where the discounts are high and expenses are low.
- IMPROVE YOUR DRIVING SCORE
Insurance all relies on your safe driving. If you are a safe driver, you will surely have fewer chances of having an accident. And this is what insurance companies want. They want fewer accidents, so less money is to flow out of their pockets for these expenses. That is why these companies reward those who drive carefully. There are different tracking applications that are launched by these insurance providers. These applications let them track your driving habit and score you on the basis of how safely you are driving. With those applications, the more score you have, these companies offer more discounts to you.
To increase your driving expertise and get high scores, that will ultimately help you to win a discount on your policy premiums. Apart from these scores, you must have a good driving record. At the time of first purchase, you’re driving record matters a lot. Those who have good records and have avoided accidents are more likely to get cheaper rates as compared to others.
- ADD AN EXPERIENCED DRIVER TO YOUR POLICY
Insurance companies have drafted several variables to bring the best value for them and their customers. For this, age is a big variable. With increased age comes responsibility. Insurance companies know this, and that’s why they prefer older people more over the youngsters. Older and more experienced drivers often get cheap car insurance Florida as compared to younger ones. All you need is to add someone older and more experienced with your insurance policy. This will decrease the price and save you some more money. You can ask your parents or your elder siblings for this favor.
- DOWNSIZE YOUR CAR
As age is a big variable that has a visible impact on the price you pay for a certain policy. Similarly, the car that you are going to drive on any insurance policy also matters a lot. Vehicles with the latest models and high prices are not encouraged as they charge you a lot on your pockets. Meanwhile, as you go down with the car’s model and price, the policy price proportionally decreases. So, downsizing your car is a good option to avail yourself discounts in Auto Insurance purchasing.
- PLAY THE COMPETITION
Different insurance policy providers have different priorities. Each one of those companies strives to offer the best value to their customer for the money they spend on buying these policies, with increased demand and high competition among different Florida car insurance providers. They know how difficult it is to get a valuable customer to their offers. That’s why they won’t leave anyone asking them without doing their best to sell their policy.
This situation of hassle is very beneficial for the customers if they know how to get benefit from it. With an increase in tensions of competition, there is a tendency. For the sake of finalizing the deal, a company offers relatively high discounts. One of the techniques is to bargain with them by showing them what others are offering you for the same value. This will psychologically trigger the respondents, and if they really want to catch you up, they will offer you more discounts. So, that’s how you play in the market of competition. Meanwhile, Florida’s auto insurance market is rushed with a large number of insurance policy sellers; you must understand how to play in such competitions to get the maximum value for each dollar that you spend.
- PAY YEARLY PREMIUMS
There are several payment options with different auto insurance providers. Premium is the amount that is to be submitted to the Insurance agency, for the return of which they offer the insurance benefits to you. Premiums vary depending upon the package you are opting for—also, the price of insurance changes with time. So, there is no definite value of it. But one thing for sure is that premiums payment is less when paid for a year as compared to months.
So, basically, it is easy to pay the monthly payments, but when added for one year, they collectively become more than what you have paid at once for the whole year. Let’s say GEICO has an average annual rate of $1,100. If you go for paying the same amount in monthly breakdowns, it will cost you more, maybe $1,200 or more. So, it is always recommended to go for the yearly payments options as it saves your money as well as make you carefree for a whole year.
- FIND CASHBACK OFFERS
If you are looking for discounts, cashback offers are another opportunity for you. Insurance companies make different business collaborations with other businesses. These collaborations help you yield a good amount of cashback if you purchase those policies from those businesses. If not discounts, you can also get some gifts or other rewards that will help you drag down the original price of the policy.
- COUPON CODES AND CREDIT CARD REWARDS
Different banks have Insurance companies associated with them. Similarly, the car dealers also have a list of recommended insurance providers. These agents offer you coupon codes. A coupon code is a ticket issued by an auto insurance company to give discounts to people coming from a certain source. Those coupon codes can help you earns some good discount.
Similarly, there are different rewards given to consumers when they use their credit cards for payments. So, paying for the insurance premiums with a credit card can be a good option for you if your bank offers rewards for the amount of money you pay.
There are hidden secrets everywhere. The ways that have been told to you above are also some of those secrets. You can use these multiple discount channels to get the maximum amount of discounts to grab cheap car insurance Florida. So, start analytically and investigate every single hole where there is a possibility of saving some amount.
Reasons Why You Need A Car Insurance In Florida
Do you need to have car insurance in Florida? Car insurance is everywhere. Most of the time, it is required by your state laws to must have insurance. If you go through a car accident, the auto coverage helps you to go through extra billings and expenditures. With this, it lightens the financial weight on your pockets. Apart from that, your legal fees, medical expenses are all resolved with the help of any car insurance policy that you have bought.
MANDATORY CAR INSURANCE IN FLORIDA
What is the required auto insurance coverage in Florida? Each state has its own laws regarding car insurance. These laws define the minimum amount of coverage limits. A limit is the maximum amount that your company will pay as the expense of your car accident. Like other states, Florida also has some mandatory car insurance. These options are mostly required for each of the drivers driving on the road. They include:
Property Damage Liability: With property damage liability, the insurance covers the expenses of the third party in an accident. The limit of this liability is 10,000$ in Florida, which means the insurance agency will be answerable to fulfill this much amount of liability for other’s property, like vehicles, homes, buildings. One is obliged to pay this amount when the accidents happen because of his/her fault.
Personal Injury Protection: Accidents involve injuries; it’s obvious. What matters a lot is your medical health. Sometimes, you may run out of money to hold your medical expenses, but in Florida, It can’t happen to you. If you are injured in an accident, the Florida state makes it mandatory to have a $10,000 limit of Personal Injury Protection. This protection will cover all of your medical and funeral expenses. Not only yours, but it also covers the expenses of passengers traveling with you.
Non-Mandatory Car Insurance In Florida:
Apart from these mandatory options, which are obliged by the state to hold, there are some non-mandatory insurance options as well that help you get better to hold over your accidental expenses. These coverage types are as follows:
Bodily Injury Liability: This type of coverage is not required in Florida, but it helps you to cover the financial expenditures for the injury or in case of the death of the other person. The other person can be another driver or someone pedestrian walking on the roadside.
Underinsured Motorist: The case is sometimes different. You get an accidental encounter with someone who is insured but has a low limit to fulfill your expenses. In that case, an Underinsured Motorist helps you to cover your medical expenses.
Collision: This coverage helps you to repair and, in some cases, replace your vehicle if it is damaged in an accident. In Florida, you are not lawfully bound to hold this one, but if you love your vehicle a lot, this is the option for you.
Comprehensive: Comprehensive Coverage type, as the name suggests, is very comprehensive. As it covers the expenditure to either replace or repair your vehicle that has been stolen or been damaged by some natural disasters like storms etc. If you are residing in Florida, it is recommended to must adopt this coverage, as Florida is the most vulnerable state for natural disasters like hurricanes, storms, and floods.
INSURANCE OFFERS FINANCIAL SECURITY
The sole purpose of Insurance plans is to help you financially when you are going through the tough periods of your life. These plans appear as a guarantee that makes sure everything is running smoothly and doesn’t let the accidents ruin your financial equilibrium. In case you encounter an accident, either you are at fault, or the other person is. In both cases, there are absolute expenditures ahead. The Insurance Plans helps you in both cases:
- If you are the victim:
In an accident, if you were not at fault and were a victim of another person’s negligence. Still, you have got mechanical works for your beautiful car. And the worse is when you get into some health disasters, after accidents. In both cases, either it’s your health or your car’s, these insurance policies assist you financially and help you to pay the maximum amount of expenses, up to the limit.
- If you are at fault:
If you get into an accident for any reason and you are held responsible. Still, you have to pay for the losses that you have made to the other person/persons. In that case, you may run out of your pockets if you start paying those expenses by yourself. These expenses would include the medical expense, vehicle’s repair, and even the lost income of the victim if they were not able to work while on the hospital bed. Insurance companies make sure that you go out of these issues smoothly. So, they pay all those expenses on your behalf and take you smoothly out of those financial gulps.
YOUR LENDER MAY REQUIRE IT
Financing is a big concept that prevails in the world of the economy. With financing, you can get your desired car with a small, readily available amount of cash. However, financing is widespread and is used all over the world. These leasing agents usually require you to have collision coverage and comprehensive coverage for your vehicles.
As with the financing, the leasing agency is the lienholder of your vehicle, and they don’t want to risk theirs and your investments. That’s why these two coverages help them to protect their investments while you are making payments. These two coverages (collision and comprehensive) helps to pay for the repairs, and it also replaces if the vehicle undergoes any roadside accidents.
NOT ONLY YOU BUT FOR YOUR PASSENGERS AS WELL
Insurance plans give you this big favor by paying the expenses of not only you but also for the other passengers who are traveling alongside you. The medical Payment Coverage option gives you relaxation from medical expenses as it covers all the medical bills, hospital visits, doctor visits, and surgery costs. And it goes the same for the passengers with you.
GET RID OF THE REPAIR COSTS
Florida has an average of about 500,000 car crash accidents per year. With every accident, firstly it risks your precious life and then your precious belonging, i.e., your car. Vehicles involve a big amount of money for their repairs. You don’t know what it’s going to be like tomorrow, so you need to be prepared for it. With the Auto Insurance policies, you succeed in securing your future finance by shedding the load of your car’s repair expense.
Repairs require a lot of money sometimes, but if you have an insurance policy, you don’t need to worry even the slightest about it. Your insurance policy will help you get covered in this. They offer the maximum amount of money for your car’s repair that has resulted from an accident.
IT PROTECTS YOU
Auto insurance is not all about cars and their mechanical stuff. It’s a lot more than that. You have your investments and savings summed up into that mechanical giant, i.e., your vehicle. You can’t let it go off easily. With every hit that you make with your car, either it’s your fault or others, these insurance plans protect you in both ways. They help you to get rid of those extra expenditures that you have to pay for your car and another person’s loss. And also, it offers great medical assistance in the form of medical coverage. This helps you to get healthy with a smiling face, facing the same car, repaired without any extra expense of yours.
IT BRINGS PEACE OF MIND
Greatest of all the blessings! Peace of Mind. Auto insurance plans give you a feeling of relaxation. It sheds the high loads of all time financial risks regarding your vehicle. So you drive safely and happily on the road, knowing that someone is there to protect you and help you out in case you meet some unfortunate experiences of roadside accidents.
IF YOU ARE NOT INSURED!
After having so many advantages of getting yourself insured, still, if are you thinking about what would happen if you don’t insure your car? Well, there are different possibilities then. Different states have different laws about it.
IT CAN BE ILLEGAL:
As said, different states have different laws for everything. Some states don’t oblige you to hold insurance, while others make it mandatory to have insurance. There are states where different coverage types of the same insurance policy are necessary while others are optional. Talking about Florida, you can’t drive here if you don’t hold an insurance policy. It’s as clear as it is. Florida has a high risk of accidents, and that’s the reason the state doesn’t allow anyone to come on the road without these policies. And disobeying this is simply ILLEGAL.
Having a car insurance plan in Florida have different coverage types. As told above, some of those coverage types are necessary to have up certain limit. What is the limit? The limit is the maximum amount of money that the car insurance policy will pay after you encounter an accident along with your vehicle. Minor details to every policy are confined and specified to each plan that you choose. But generally, the minimum limit that Florida confines you to have is $10,000.
If you are having a minimum limit of $10,000 it means you have to at least buy such an insurance policy, which is going to pay at least 10,000 on your behalf, for your or the third party’s expense. Here are some different coverage types mentioned alongside its requirements prior to the state of Florida:
| COVERAGE TYPE | DETAILS | FLORIDA REQUIREMENTS |
| Property Damage Liability | With property damage liability, the insurance covers the expenses of other people, in an accident. Which means, the insurance agency will be answerable to fulfil for a certain amount of liability of the third party. One is obliged to pay this amount when the accidents happen because of his/her fault. | $10,000 is the limit, which means a minimum of this amount coverage plan is to be bought. |
| Bodily Injury Liability | It helps you to cover the financial expenditures for the injury or in case the death of the other person. The other person can be another driver or someone pedestrian walking on the roadside. | This one is not required in Florida by laws. But you can purchase it on your own. |
| Collision | Collision coverage is for the expensive vehicles that you own. If your vehicle needs a repair or so badly hit that it needs to be replaced. With this, it will help you to bear those expenses. | Collision is not lawfully obliged to you in Florida, but you can own it. |
| Comprehensive | It covers the expenditure to either replace or repair your vehicle that has been stolen or been damaged by some natural disasters like storms etc. | It is optional in Florida, but the state is most vulnerable for natural disasters like so it is good to have this. |
| Personal Injury Protection | If you are injured in an accident, Personal Injury Protection covers all of your medical and funeral expenses. Not only yours, but it also covers the expenses of passengers travelling with you | It is mandatory in Florida state to hold the minimum of $10,000 of this policy |
| Uninsured Motorist | This coverage type will help you to cover your medical expenses if you are in an accident with someone and the other driver is at fault But doesn’t hold any insurance. | It is not required in Florida. |
| Underinsured Motorist | Underinsured coverage type helps you to fulfil your expenses if your expenses go above the limit of other person’s liability insurance. The difference is paid by your insurance policy in this case. | This is optional in Florida. |
So, two of the basic ones are lawfully imposed on every individual in Florida. The state has also defined a limit for it. So, going against this would end up doing something illegal.
YOU WILL END UP LOSING MONEY FROM YOUR POCKETS:
Insurance policies offer you financial support in times; you need it the most. They are like that good old friend who is always there to help you out. Imagine if you don’t hold any insurance policy? You get into a roadside accident, either by your fault or the other person’s fault. Whatever the reason is, a loss is evident. Firstly the risk of having body injuries and sometimes life. Secondly, the risk of having huge bills of mechanical expenses that your car needs after being hit.
In this case, filling all those expenses from your pocket can sometimes make your pockets empty or even leave you in heavy debt. That is where the auto insurance policies come and pick you up from all that mess. They take the responsibility that everything goes smoothly in return for small periodic premiums.
Types Of Florida Car Insurance
Insurance policies fall into three different categories. Broadly there are these three major divisions, and then there are several insurance companies that offer different insurance policy packages under each of these categories. So broadly:
- Third-Party Coverage
By the third party, it means the other person who has been injured or hit by your fault. Governments have this rule, and in Florida, they have made it compulsory to hold third party coverage. Because it helps to get expenses for the other person, who becomes the victim of someone’s fault, it covers the health and property of the victim, and the amount is deducted from your liability amount. In Florida, Property damage liability works as the third party coverage, which has the limit requirement of $10,000.
- Third-Party Fire and Theft
Third-Party Fire and theft are the same as third-party coverage, but with some added benefits. It is not necessary that your car gets into an accident on the roadside. It can be if your car gets stolen or damaged by fire. Third-Party Fire and Theft will cover your expenses in both cases; third party loss plus fire and theft damage. In Florida, Third-Party Coverage is mandatory.
- Comprehensive
Comprehensive is the highest level of insurance that covers everything. It covers the expenses of your own car’s damage as well as other person’s damage. This is a wholesome package that gives you complete peace of mind and bears all of your as well as victim’s expenses. It also bears the legal and medical expenses.
NOTE: The categories defined here are not solid in their structure. They can differ, varying from state to state.
What Are The Best Car Insurance Companies In Florida?
Car insurance companies have a number of variables that are to be kept in mind while choosing them. There are several factors in which every company differs from the rest. But before digging deep into these piles, one must know some of the very basic things. So here are some of the important things to understand before getting into any car insurance:
- Understand your state’s minimum requirements
Different states, as said before, have different regulations. In accordance with those regulations, every state defines its own set of requirements in order to qualify for an insurance policy. These qualifying factors vary and have certain elements in them, like minimum age, vehicle, license, and several other documentations. Firstly you must know these requirements and if you are falling short of any of these documents or requirements. You must fulfill them before.
- Consider your financial situation
Insurance policies are taken in order to save the huge expenses that come as a result of some unfortunate accident with your vehicle. Obviously, it’s not free. A small fee in the name of premiums is to be paid regularly to make the contract. Insurance companies have the right to abandon the contract if you don’t pay the premiums in time. That’s why it is important to think thoroughly and check all the evens and odds before getting into any car insurance plan. The plan must be in correspondence to your own financial status. You can’t sustain the premiums if it goes above your head. So, be rational and realistic before choosing as it is going to impact your upcoming economy.
- Review your driving record
As said, insurance companies have different terms and conditions that they take into consideration before giving a policy to anyone. One of the major factors, which determines the price, as well as the eligibility of an insurance plan, is your driving record. Usually, the drivers with good driving records succeed in grabbing the less expensive plans. And sometimes, if records are not too good, or you have certain unpaid tickets, it might become impossible to get any insurance plan. So, you must check all of your outstanding tickets and clear all those curies before getting into the insurance company’s office.
- Check your current status
It is important to know where you are standing right now. If you are a wholly new one and looking to have the very first car insurance plan of your life, this point is not for you. But if you are already holding a plan and it’s going to end up soon. You must know everything about your current plan. It’s not like signing those long “terms and conditions” without reading it. You must know the amount you are paying currently and how it grew over the last period. This will help you to better understand the new plans and will help you to make more financially favorable decisions. It’s always recommended to must look for new plans with different insurance providers in order to grab the perfect deal and save the most out of it.
- Get a competing quotation
Insurance companies are large in number out there. Each website you explore, each billboard you see, each brochure you get, each email you have pending in your inbox. They are all bombarded with the latest promotional offers and discounts on insurance policies. You must go through them as the wise people don’t make decisions in haste. That’s why you need to give yourself enough time to go through each and every one of those websites over the internet. Grab your notebook and enlist all those packages with their prices vs. offers. This will help you to have a good insight into what suits you the best. Meanwhile, you are here; you don’t need to take that headache as we have already done that for you. Scroll through this page, and you will have all that you need.
- Get additional information, contact them
Hidden secrets are everywhere. The same is the case with these car insurance companies. They have a lot more to offer those who show interest. You need to have that sense of getting the perfect deals and discounts. And for that, you have to search. Make phone calls to different insurance providers and discuss with them what you want and what you can afford. They are eager to help you out in the best possible way. If not phone calls, you can even visit their offices and have a thorough discussion over a cup of coffee.
- Strive for discounts
Who doesn’t like discounts? Companies understand that how much their consumers love discounts, and that’s the reason, every second day, there are companies who offer more and more discounts over these plans. There are different types of discount packages that a certain car insurance company offers. It may range from a discount on age, to vehicles, to driving scores, new membership, and much more. You need to compare those packages and keep yourself up-to-date with the latest offers that these companies are offering. If not within a certain company, you can look at other companies to get more comparative discounts. You are thus expending less for the same services and values.
- Reliability is very crucial
You are going to pay a company and entrusting your vehicle’s future finance to them. This is a big thing, and a big thing requires big reasons to do them. Before selecting it, you need to be sure about the reliability of that company. If the services they offer, are satisfactory or not? And so many related questions, for which you need to seek answers. Go online and search for reviews regarding different auto insurance companies. Go to their official social media handles and check for other customer’s reviews. Apart from that, it’s best to get into a policy of someone known, who is already a part of that plan, like your friend or any other acquaintance. This will give you more authority and ease to inquire a lot more about the experiences and reliability of that company.
- Review the policies
We know those long ‘terms and conditions’ are very boring to give a reading. But it is very important to go through every single line. It is important to know fully and exactly what they are offering and what you are bound to, as a result of getting the insurance service. So, before closing the deal, it’s very crucial to go through all the policies and make them very clear in your mind. It will help you to create a confident and sound decision regarding your finance and your precious car.
- Cancel the old policies
You got a new policy, or you are looking for some. That definitely means you no more need the previous one. So canceling the previous policies well in time is important as it will not create a fuss and things will run smoothly.
After you have considered each of these steps in every detail and you are perfectly sure about them, now it’s your time to catch some of the best companies. Different companies have different restrictions and freedoms. So, select wisely what suits you the best.
Best Auto Insurance In Florida
Defining ‘best’ is very difficult. As the perception of ‘best’ is different for different people. Some people prefer value, while others prefer discounts, and so on. So, defining best is impossible on some standard criteria. But you don’t need to worry about it. We have gathered a list of the most notable car insurance providers in Florida. These insurance providers have been searched across different resources and brought them to you. Each of them is discussed with their value and reasons of distinction. You can choose the best car insurance in Florida that suits you and fulfills your demands in the finest way.
Here is the list of the top leading car insurance companies in Florida:
GEICO
Established by Leo and Lillian Goodwin in 1936, GEICO stands for Government Employee Insurance Corporation. GEICO is a car insurance provider that has been working in Florida and serving the customers at its best. After going through several reviews and surveys, the following features of GEICO has been considered:
With GEICO, it’s very easy to file a claim. You don’t have to wait for hours to file a claim and get yourself noted by the company. More than 80% of the customers see it as the easiest to claim policy.
Good communication and a healthy response attract the customers a lot as they think, they never leave you unattended. Instead, it keeps you in proper communication until your claims are not responded to.
GEICO customers are more likely to recommend it to others as there are several features like fast claims, strong communications, and lower study rates than average, which makes the customers share their company with their friends.
GEICO Discounts:
GEICO brings several discounts to its customers. You can get this usual discount for insuring more than one car or packing auto and home insurances together. Apart from that, they also offer insurance for spare parts, like the Air Bags, security lock systems, etc. You can save even more if you drive safely. And with your drives are going on with such safety, for more than five-years, GEICO drops the plan’s price and gives more than 25% of the discount.
GEICO Contact Information:
You can contact GEICO by the following sources:
GEICO Telephone Number: 800-207-7847
- STATE FARM
Founded by George Jacob in 1922, G. Jacob was a farmer who turned to the insurance side later. State Farm has been giving millions of auto insurance policies since it is founded. The company has stepped into several other insurance sides as well. After going through different customer’s experiences, this small overview of State Farm is deduced, which says:
More than 80% of the State Farm customers are happy with the services and policies as they feel it very easy to file a claim. The Filing of claims and then its resolution is not a tiring task with State Farm.
Strong customer care attracts the customers as it seems to give all the necessary support. More than 85% of the customers ranked it the best customer service as it is always eager to listen and resolve their issues.
Most of the State Farm customers are highly convinced of the services offered to them. Customers think the way the company keeps up with the claims is amazing, and that’s why the recommendation rate is quite high. Almost every single customer wants to recommend State Farm to his friends.
A Range of Auto Insurance options with State Farm:
State Farm offers a full range of Auto insurance ranging from collision, Comprehensive liability, uninsured and Under-insured motorist coverage. Apart from providing these financial coverage, State Farm also offers roadside help in case you are stuck at some broad location. This includes one hour of mechanical labor, towing, delivery of gas or battery, etc. Other than these individual insurances, State Farm also offers its plans for ride-sharing drivers who work with different mobile ride-booking services like Uber, etc.
For more information, you can call
State Farm telephone number: 800-782-8332.
DIRECT AUTO
Direct Auto is another car insurance provider that has been in the field for about 100 years and has been providing its services in the region of Florida. Direct Auto offers a wide range of insurance options and bring a whole range for its customers to choose the best that suits them.
Direct Auto offers the following Options in its insurance plan:
- Liability: In case of an accident, liability will cover other’s car damage and medical expenses.
- Collision: It will cover your car and medical bills.
- Comprehensive: If your vehicle is damaged outside of the accident, like in a natural disaster, Direct Auto offers a comprehensive policy for that as well.
- Medical Expenditure: This feature helps you to cover the medical expenses and other associated bills if you get injured, unfortunately, in an accident.
Some other options include Personal Injury Protection, Uninsured Motorist, Towing, and Accidental Death Coverage.
After studying the survey reports and reviews, it is concluded that Direct Auto has excellent Car Insurance Plans. They give you a lot of saving options and discounts like Safe Driver Discount, Student Discount, Senior Citizen Discount, and a lot more to explore.
For more information,
Call Direct Auto telephone number: 855-518-0148.
ALLSTATE
Founded in 1931 by Robert E. Wood, All-State is an auto insurance company that, for the very first time in 1939, offered insurance plans based on mileage, use, and the age of the car. After studying different surveys and reviews; here are some of the details about All-State:
Insurance policies are recognized by how easy it is to file a claim, and AllState wins in this. “Making a claim is very easy and smooth,” said a customer. More than 85% of the customer had these parallel reviews.
Good customer service is the backbone of service providers. Customers with AllState find its customer support; very supportive and communicative. “They are always eager to help you out in whatever the matter you discuss with them,” said one of the customers. And they are thus raising the customer care ranking to one of the best in auto insurance companies.
All state is one of the earliest insurance companies to adopt the technologies. DriveWise is a service of AllState that monitors the driver’s speed and some other values. It notes everything and rewards the drivers with discounts if they drive with a certain limit. Apart from this, there are some other discounts as well, like bundling policies, in which you can earn a handsome discount if you insure more than one vehicle. It also offers discounts for students, elders, etc.
It also offers insurance for ride-sharing companies like Uber etc.
For more information and contact:
Allstate Telephone Number: 877-810-2920
METLIFE
Founded by William P. Stewart in 1868, MetLife is one of the largest global insurance providers. The abbreviation stands for Metropolitan life Insurance Company who has more than 90 million customers worldwide. The network is spread in more than 60 countries and is also working in Florida. After taking into considerations different reviews and survey reports, some of the conclusions have been deduced regarding MetLife Insurance Coverage:
MetLife offers a new car replacement in case your car is under 15000 miles of distance running. The condition is also valid if you claim coverage within one year of purchasing your vehicle.
Apart from vehicle insurance, MetLife also offers insurance for the major spare parts. If you met an accident and got your tires or breaks destroyed, don’t worry, MetLife holds the coverage option for them regardless of the level of wear and tear?
MetLife has a number of discount options. The foremost one, it gives you discount options based on your driving activity. They have this app called ‘My Journey,’ which tracks you’re driving and rewards you with an initial discount of 10% for driving safely.
Apart from that, there is another deductible saving benefit. If you drive safely and don’t make any claim up to one complete year, MetLife rewards you with 50$ each year. It also offers some other discounts, including a discount for having an approved defensive driving course, student discounts, etc.
If you get multi-policies for more than one vehicle or you get a pack of other services along with the auto insurance from MetLife, you can still have some more discounts.
Most of the customers of MetLife find it very reasonable and easy to file a claim. The strong customer support service provides the best possible services. More than 90% of the customers find it very satisfying and are willing to recommend it to their friends and acquaintances.
For more information and contact:
MetLife telephone number: 800-638-5000
Why Florida Car Insurance Is So Expensive?
Insurance companies are meant to offer financial backup to the car owners in case of any unfortunate accident. For this, these companies ask for small periodic payments. Every corner of the world have these companies, and the same goes for Florida. There are several auto insurance companies that are operating in Florida and are offering their services. These companies have a different bunch of options and services that they offer to their customers. Customers choose the one which suits them the best and goes on it.
Everything is very smooth, but when we talk about Florida, one thing that astonishes us is the high insurance prices. Why is that Florida always have one of the most expensive car insurances? Much more than the average price worries the customers a lot. Here are some of the reasons:
- Florida’s Vulnerability to Natural Disasters:
Accidents and vehicle’s health depends a lot on the weather and, more importantly, the harsh impacts of weather. Florida is a state that is the center of hurricanes and stormy winds. With these, there is an increased number of vehicle damages. It is true that there are more companies in Florida, but in the end, the rate of damages is very high, and one of the leading reasons for it are the hurricanes. Not only confined to hurricanes, but the state also faces flooding sometimes in coastal areas. Thus all these factors sum up to give an increased number of vehicle destructions. Thus the unpredictable weather is a prominent reason for these high prices.
- High Number of Drivers
Auto insurance has all to do with the roads, vehicles, and the most unfortunate thing; accidents. The more vehicles will come on the roads, the more accidents it will cause. Meanwhile, in the case of Florida, it has a large number of Drivers. Because of which the chances to have accidents increase a lot, and thus the insurance plan’s price increases.
- Third Busiest State
Florida has been the third busiest state after California and New York. With the packed roads and hundreds of cars, they are getting into one another at each square. There is an increased rate and risk of accidents. This increased risk has triggered the car insurance companies, as they would have sensed the upcoming increase number of vehicle damages that they can’t fulfill with low package prices. Thus, ultimately, the insurance price increases.
- Drivers with no insurance
The market operates on supply-demand. When the demand for a certain service is high, the prices also increase. The same is the case with Florida. There is more than 26% of the drivers’ population on the road who are not insured yet. Thus, there is an increased rush towards different auto insurance providers, with different drivers, grabbing the policies. This high percentage of uninsured drivers increases the demand, which ultimately makes it more expensive.
- Risky Drivers
There is an increased number of risky drivers in Florida. By risky, it means elders and, most importantly, the tourists. Florida has an immensely high number of tourists visiting the state. The number is 128 million tourists per year, with this much high number of external tourists, native elders, and also the students who have been residing and studying in the state. It increases the number of risky drivers that increases the tendency of more on-road accidents. That is another important factor for expensive Florida car insurance.
How Much Is Car Insurance Per Month In Florida?
Insurance policies usually bought at monthly levels are relatively expensive as compared to those bought on a yearly basis. But in case you are wondering about the monthly average rates of car insurance in Florida, the average monthly cost of car insurance in Florida is $230 a month. It is to be kept in mind that insurance prices vary highly on different values like age of the driver, experience, accidental history, and vehicle usage. The average calculated here is based on a driver of 30 years of age with a full-coverage plan.
15 Important Questions To Ask Before Purchasing A New Car Insurance Policy In Florida
Getting into an insurance policy is an easy task, but selecting the best insurance policy that is light on your pocket and gives you the maximum value for every dollar you spend on it; is a difficult task. There are a number of variables that are to be kept in mind before getting into buying a new insurance policy or upgrading the previous one. People usually don’t know some of the very obvious ways in which they can earn some handsome amount of discount on their packages. Each step is crucial, and you have to take a deep look at each step that you take.
To break down this task for you and make it easy, we are bringing this small questionnaire of fifteen questions that you must ask yourself before purchasing any insurance policy. Answers to these questions will help you to understand what you actually require and from where to get it. Starting with:
What kind of coverage do you need?
This is a very elementary question. Starting with this, firstly, you have to consider the laws set by your state regarding car insurance. As you are in Florida, the government has made two coverage options mandatory:
- Property Damage Liability
- Personal Injury Protection
These are the options that you must-have buy. With Property Damage liability, your insurance plan will bear the expenses of liability done by you to the third party, and with Personal Injury Protection, it holds the expenses of your medical treatment expenditures. For both of these coverage, there is again a limit. You cannot buy less than $10,000 of coverage policy if you are buying these plans in Florida.
So, these are the mandatory ones. But, if you want more protection and security, you can choose from any of the other options from collisions, comprehensive, Uninsured, and Under-insured motorist protection, Personal Injury protection, etc.
What is your mileage?
Mileage is very important, especially when you are talking about buying new insurance policies. You must know how much you drive so that you may not pay for something that you don’t do. Insurance policies have increased prices with increased mileage. Even if you have more than one car, but you don’t use others more often. It’s best to keep it out of extra insurances; that will save you some extra amount.
What is your accidental risk?
This is not something to be scared of. You know very well about how you drive. It’s clear from the previous driving records and tickets that you have. If your risk is higher, you will have to pay more amount to the insurance policies. That is why it is mandatory to self-assess yourself and look around for the best companies that offer the best value.
What will be your deductible amount?
The deductible amount is the amount of money that you pay to the insurance company at the time of the accident before the company pays for your expenses. The deductible amount can be any from $0 to $1500. With the increased deductible amount, the price of monthly/yearly premiums decrease. Choosing a plan with a high deductible amount is an intelligent option. But you are the best judge for yourself. You must assess the maximum deductible amount that you can pay at the time of the accident. Don’t choose it more than your capacity that you won’t be able to pay it if you get into an unfortunate accident.
Who will be covered?
Your car can be used by anyone, and accidents don’t tell you their time before happening. So, you have to think about all the scenarios first and then confirm your insurance policy that what they will be covering, and whom they would be covering. Answer to these questions is very important to make a wise decision for your safety.
Does your insurance company offer 24/4 claims service?
As said, accidents can happen at any time. That means anytime, you may need to file a claim. It would be really painful if you are stuck in a bad accident, and you are unable to contact your insurance company because they only operate during business hours. Always look for insurance providers who offer claim services 24/7 so you may not face any further problems with your accident.
Are you going to use your car for work?
With the introduction of ride-sharing apps like Uber. Nowadays, everyone having a car and a license can earn a handsome amount of money. You need to ask this question to yourself: if you are going to use your car for earning purposes on these ride-sharing apps or not? It is important because there are two types of insurances: for carrying passengers in your vehicle, you need auto commercial insurance. Your personal insurance policy won’t work there. So, you must know before buying your policy.
Is your car leased or self-owned?
Insurance policies are different for self-owned cars and for those who are on lease. So, it is important to clarify first what your car’s status is because the insurance policy of a self-owned car won’t work for the leased one and vice versa.
Do you need to buy Collision and Comprehensive Coverages?
If you are buying your new vehicle on a load, then you may need a ‘full coverage’ for your vehicle. This full-coverage includes collision and comprehensive coverage as well. Collision and Comprehensive both help you to pay for the damage to your vehicle. With Collision coverage, the insurance company affords for the repairs and sometimes replacement of the vehicle of an accident. And with comprehensive coverage, it gives you an option to get repairs in case of natural disasters, fire, or in case your vehicle is stolen. So, you need to keep these things in mind and figure out if you really want these coverages or not? Because these are additional options and they cost you extra than the standard one.
Does the insurance company claim for the passengers traveling in your vehicle?
If you have passengers with you in your vehicle, there are two possibilities for that. If you are planning to ride your car for some extra earning with the ride-sharing apps, then your personal insurance plan won’t work, and you’ll have to buy a commercial auto insurance plan. If you have a commercial auto insurance plan, the claim is for the passengers as well.
The second possibility is when you are not riding with some ride-sharing app. Instead, you have your own friends as passengers in your vehicle. In that case, if you have personal injury protection coverage, then the claim falls for the passengers as well. But if you are not having this, the company is not liable to pay for the passenger’s medical expenses.
Do you have all the necessary documents?
Vehicle insurance requires complete paperwork. It involves certain verifications, and for that, the availability and then verifiability of all of your required documents is very important. You may need your driver’s license, your national ID, and some leasing documents if your car is on lease. You must check those documents first and confirm if they are verified. None of your documents should be expired. They need to be within the due date. Otherwise, your documentation procedure can create hurdles for you.
Where do you live and park your car?
Your insurance rates are highly impacted by the locations where you live. Insurance policy works for your car’s safety, and they deal with risk management. If you are living in an urban location: it surely has strong chances and eases for your car to be stolen. In that case, your insurance policy will be expensive. Similarly, it also matters to the place where you park the car. Is your parking place safe or not? Do you park your car in your garage or outside on the road? Obviously, a car parked inside a garage has more security and protection as compared to the one parked on the road. So, this also matters and directly impacts your pricing.
Are you getting all the possible discounts?
Discounts are an option to reduce your policy price to a great level. There are different discount options available to most of the customers, but they don’t give an eye to them. There are several coupon codes, new membership offers, multiple-insurance discounts, and much more. Discounts are like the forbidden gaps that we usually forget. If you are going to buy a new policy, you must not underestimate this aspect as it can save you a good amount of money. You can hover to the discounts sections in this writing to get more idea about how you can save the maximum amount of money; while purchasing your latest auto insurance in Florida.
What is your current financial situation?
It is true that Car Insurance policies are bought to save an extra amount of sudden expense in case of car accidents. But, before buying your new auto insurance policy, you must understand where you are standing financially. It is important because it will help you to make some beneficial decisions for your upcoming plans. Like, if you increase the number of deductibles, it automatically lowers the price of premiums. You can select any or no amount as deductibles. Similarly, if you have enough budget, you must buy the yearly plans instead of a monthly plan. The yearly plan saves you more amount of money as compared to monthly plans.
Have you done enough research and comparisons?
Florida is an interesting market place for insurance companies. There is tough competition, and for that, you need strong research and comparison in order to get the best out of it. Different companies offer different prices with different values; you have to go through each of them and select the best that suits you. For this purpose, you can also visit the online comparison sites that will give you a brief comparison chart of all the companies.
