WalletHub analyst Jill Gonzalez said she thought auto insurance companies would have become more sophisticated in age-based assessments given advances in data analysis tools and the State insurance officials blame inclement weather for more comprehensive premiums discharges, which pay to repair vehicles damaged by something not related to an accident. Tourists who are not familiar with our roads create more defenses, they say. And the state has a high percentage of college-age drivers and those over 75 who can pay more for insurance. Some are much cheaper to insure than others.
Think safe and a little boring compared to a car that goes from zero to 60 mph in four seconds. Because Florida requires relatively comprehensive auto insurance, many people wonder about the cost of that type of coverage. The truth is that insurance in Florida is expensive compared to the national average. Although car insurance is generally expensive in Florida, the table below demonstrates that your rates may be higher or lower than average depending on where you live in the sunshine state.
Florida requires additional penalties for high-risk drivers and DUI, making their rates much more expensive. Car insurance rates across the country have risen after temporarily falling as the COVID-19 pandemic forced people to stay Each driver brings a unique set of circumstances to their search for car insurance, so the best car insurance company will be different for each person. This is because when you have an accident with an uninsured motorist, the company will pay for damages under uninsured motorist coverage. Insurance companies can't review the full report of your motor vehicle, but they can see things like fines, accidents, and any convictions you've had in the past related to driving.
Other than that, the best way to reduce your car insurance costs is to compare the rates of at least three insurance companies. Bankrate research can help you understand the average car insurance rates in Florida, as well as the factors that affect your auto insurance premium. However, insurance scores are controversial, so they are prohibited in Massachusetts, Hawaii and California. Seasonal residents often need to add PIP to their out-of-state policies, as this type of insurance is only required in 12 no-fault states.
Like most states, Florida requires drivers to have a minimum level of certain types of auto insurance coverage in order to legally drive. Because this coverage must be purchased at an additional cost, it increases the state's total insurance costs. The frequency of these cases is an important part of why car insurance in Florida is so expensive. Knowing these factors will help you talk to your insurance agent about available discounts.
However, one of the downsides of living in the sunshine state is that car insurance can be very expensive, which increases the true cost of ownership of most vehicles, as well as the overall cost of living. Autolist is creating a better car-buying experience for everyone by offering the best apps and the largest selection of new and used cars in the United States.