We all want affordable car insurance in Florida. However, it’s tough to find coverage that will fit your budget regarding auto coverage. Many customers expect a higher rate in Florida since the state has some of the highest auto rates in the US. However, shopping around will pay off if the shopper does it correctly. It’s great to remember that all auto policies differ from the next. So if you are looking for cheap Florida car insurance, you will need to educate yourself and determine what coverage is best for your needs. Remember that cheap Florida car insurance is not always the best for you.
Florida Insurers Will Each Offer you Many Different Policies.
If you are looking for cheap Florida car insurance, prepare to start working. There are over 20 different companies that can offer you auto coverage. The average cost of an auto policy in FL is around $1,000. Where you live in the state of Florida can also affect your rates. That is why insurers will ask you for your zip code. Where you reside is the beginning of a base rate. If you live in a highly populated area, be prepared to see some higher rates. The higher rates are from the chances of an accident happening to you.
What Factors Affect My FL Auto Rates?
Gender
Did you know that rates tend to be more expensive for men than women? Women are known for their careful driving and are less of a risk when it comes to aggressive driving. Men should expect to pay at least 10 percent more than women regarding auto rates. Sad but true.
Age
Age will also become a factor. Older drivers should expect to receive a savings of 10 percent as opposed to younger drivers. However, these percentages will vary between insurers.
Marital Status
Marital status is another factor that will help determine your rates. Married couples tend to be less risky to insurers compared to singles. They are less problematic because married couples are less active and do not go out as often as singles. They are also in fewer accidents.
Driving Record
Your driving record will also help determine your rates. Insurers will look at your behaviors on the road to see if you are a risk to them. Therefore, drivers that have maintained a clean driving record will be able to receive better rates than drivers who do not.
Keep in mind if you are a driver that in the past has received a DUI, speeding ticket, or moving violation, you are a risk to insurers. However, only minor incidents, such as speeding tickets, will affect your rates minimally, usually in the 20%-40% percent.
Claims
Carriers will also consider your Florida auto claims. If you are looking for cheap Florida car insurance, make sure you aren’t a frequent claim filer. Auto companies will also look at how many claims you have made with them or previous insurers. The number of claims will also make a difference. If you have had three or more claims in three years, providers will see you as risky and decide not to insure you or give you higher than average rates. For this reason, it helps to stress that it is crucial to shop around with a variety of companies, that way, you don’t end up overpaying for coverage.
Know the Requirements Before Shopping Around
Before shopping for cheap Florida car insurance, know the requirements. Everyone who operates a motor vehicle should have auto insurance. In addition, Florida requires a minimum of $10,000 PIP and property damage liability.
It is equally as crucial that you understand the consequences of not being appropriately insured or not at all. While some of us can only afford cheaper coverage, we highly recommend buying better insurance if you can afford it. Let’s be honest here. Affordable coverage just doesn’t cut it!
What Happens if I’m Not Insured?
If you fail to keep coverage on your vehicle, the DMV is authorized to suspend your driving privileges. This suspension will include your license plate and registration. The authorities will revoke it until you can provide proof of insurance or up to 3 years.
If Authorities Revoke My Driving Privileges, is There a Few to Get My License Back?
To get your license back, you will need to pay a reinstatement fee between $150-$500, along with you providing proof of Florida insurance. Everyone can find cheap Florida auto insurance online. First, however, you must understand the requirements that Florida has set. If you fail to do so, you will lose your driving privileges!
Is Cheap Florida Car Insurance a Bad Idea?
It’s always wise to get as much coverage as you can afford. The more coverage, the better. Are you familiar with the phrase “You get what you pay for?” The get what you pay for saying is learned early in life. If your car insurance rate seems too good to be true, it probably is! Don’t be surprised when your cheap coverage includes poor customer service and a terrible experience. There is nothing worse than not being appropriately covered after an accident.
Grab a cheap policy if you enjoy poor coverage and terrible customer service. We warned you! We strongly recommend grabbing a policy that provides excellent insurance coverage and out-of-this-world customer service. You deserve to put your hard-earned dollars into a policy that will benefit you!