If you are in Florida, you may think that how you can get car insurance in Florida? However, you can get cheap auto insurance in Florida.
You may wonder how you can get cheap car insurance in such an expensive place, then don’t worry, HTD brings ease in your life. We make the list of companies offering cheap car insurance in Florida. Insurance Information Institute (III) ranks Florida as the expensive third place in the USA.
The yearly rates of auto insurance are known as premium. Car insurance depends on the following factors, such as your driving history, credit score, and car age. The cheapest car insurance doesn’t mean that the insurance has all the things in it. Cheap car insurance means minimum coverage. Let’s look at the list of companies offering cheap auto insurance in Florida.
List of companies:
Now, have a look at the companies given below.
| No | Name of Company | Annual Amount |
|---|---|---|
| 1 | State Farm | |
| 2 | Geico | $2205 |
| 3 | Metlife | $2301 |
| 4 | Direct auto | $2528 |
| 5 | Allstate | $2818 |
Who gets cheap car insurance?
You may think that who gets the cheap car insurance. People who have the best credit and live in less trafficked areas have high chances of getting cheap auto insurance. It would be best if you kept in mind that the best policy is the one who has the highest limit and low deductible. Moreover, there are many other factors, as well. The amount of coverage you choose may affect the amount of premium. Secondly, more reasonable policies tend to have high rates as compared to others. Most systems contain higher deductibles.
The rates depend on personal factors as well, which we will discuss below.
- Age of the car
- Driver’s history.
- Homeowner
- Martial status.
Details of companies
State Farm:
Founded in 1922
Website: https://www.statefarm.com/
As you can observe in the name of state farm that this is for farmers. In 1922, when farming is not producing enough income, the Farmer created a State Farm. This company provides insurance to the automobile of farmers. The owner expands its business in many aspects. They add millions of insurance policies to the company policy. Have a look at the insurance according to the age, which is as follows.
Pros:
- Easy to file a claim.
- Good customer service.
Cons:
- The insurance agent may vary.
- Maybe high rates for poor credit.
Geico:
Founded in 1936
Website: https://www.geico.com/
This insurance company is for Government employees. Geico is for the civilians so they can get benefits from this company. In 1956, the student invested in the Geico. The primary purpose of the company is to gain people’s attention and get more users. This company also uses the famous slogan “15 minutes could save 15 percent or more”. This slogan means that life is important than anything else. Now have a look at the insurance rate according to the age of the person.
Pros:
- Easy to file a claim.
- Good value for the money.
- Rates are lower than average
Cons:
- Claim updates are slower.
- It is sometimes challenging to connect the agent.
MetLife:
Founded in : 1868
Website URL: https://www.metlife.com/
Metlife is promoting equality among the people in the world. It also provides relief from Covid-19 issues. It provides the facilities for life insurance, automobile at low rates. It is part of the global community. It is the most famous company in the United States of America.
Pros:
- For all people
- Provides auto acceptance
- Online quoting tool
- The customer complaint ratio is 0.13
Cons:
- Insurance is slim
- Limited amount of information on MetLife
Direct Auto:
Founded in : 1991
Website URL: https://www.directauto.com/
With direct auto insurance, you are comfortable with their terms and condition. They are providing many things and financial aid. You can use auto insurance with some extra charges. It is at the forth on the list because of the customer’s complaint. It provides much financial aid and other things as well.
Pros:
- Medical benefits
- Short and long term insurance
- Employee discount package
Cons:
- Poor customer service
- High complaint rates.
Allstate
Founded in 1931
Website: https://www.allstate.com/
It was the first company that uses the age of the car to provide insurance. It aims to offer cheap car insurance to the people. People are pleased with its services because of its claim, but the company does not have the highest rank.
In the survey, people gave it a few stars because of its performance. Nearly 80 percent of people recommend Allstate, and the rest of it didn’t like it. Ten percent of the people are not satisfied.
To understand the reason behind a bad reputation. Let’s have a look at the Pros and cons of the Allstate.
Pros:
- Great customer service.
- Easy to claim
Cons:
Price is not acceptable.
Popular car insurance companies in Florida:
| No | Name of Company | Market share (%) |
|---|---|---|
| 1 | State Farm | |
| 2 | Geico | 28.58 |
| 2 | Metlife | 48 |
| 3 | Direct auto | 35 |
| 5 | Allstate | 8.36 |
Cheap car insurance for a driver with one at-fault crash:
The following are the car insurance companies that offer cheap insurance based on the driver’s performance. Here we will discuss the insurance policies based on one at-fault crash.
| No | Name of Company | Annual Amount |
|---|---|---|
| 1 | State Farm | |
| 2 | Geico | $2833 |
| 2 | Metlife | $3258 |
| 3 | Direct auto | $3438 |
| 5 | Allstate | $3894 |
Cheapest minimum coverage:
If you are looking for the cheapest minimum coverage for Florida people, look at the list. After reading this, you will get an idea of the minimum insurance.
| No | Name of Company | Annual Amount |
|---|---|---|
| 1 | State Farm | $905 |
| 2 | Geico | $937 |
| 2 | Metlife | $1096 |
| 3 | Direct auto | $1200 |
| 5 | Allstate | $1253 |
Cheapest for good drivers with low income in Florida:
If you are good and have less income, you can get the list of companies below.
| No | Name of Company | Annual Amount |
|---|---|---|
| 1 | State Farm | |
| 2 | Geico | $3226 |
| 2 | Metlife | $3283 |
| 3 | Direct auto | $3950 |
| 5 | Allstate | $5252 |
Rating of Companies:
This rating is based on customers’ view that shows which company is better among them all.
| No | Name of Company | Ratings |
|---|---|---|
| 1 | State Farm |
|
| 2 | Geico |
|
| 3 | MetLife |
|
| 4 | Direct Auto |
|
| 5 | Allstate |
|
The above rating is based on the customer’s satisfaction. It is clear that the state farm stood at the top of the list and provide high quality and reliable products to the customers.
Frequently Asked Questions
Who has the cheapest full coverage auto insurance in Florida?
For young drivers having who wish to get the minimum coverage for cars. They can get it from the companies given as follows.
| No | Name of Company | Amount |
|---|---|---|
| 1 | State Farm | $1014 |
| 2 | Allstate | $1193 |
| 3 | Direct Auto | $1301 |
| 4 | Geico | $1033 |
Who has the cheapest full coverage auto insurance?
Many companies offer the cheapest full coverage auto insurance is as follows.
| No | Name of Company | Full coverage Amount |
|---|---|---|
| 1 | USAA | $109 |
| 2 | Geico | $1168 |
| 3 | State Farm | $145 |
Why is Florida car insurance is too expensive?
Florida car insurance is expensive because of many factors such as uninsured drivers, high-risk drivers, place, and who live in and visit the state. But still, you can get cheap car insurance as well by reading the above article. You can get the detail in other articles as well.
How can I lower the insurance in Florida?
Florida car insurance is expensive because of many factors such as uninsured drivers, high-risk drivers, place, and much more. To get the lower insurance in Florida, you need to follow the instructions given below.
- Look around for better rates
- Pay in advance
- Ask for discounts
- Evaluate your coverage.
- Increase your deductible
Now, you can lower your insurance in Florida.
How can I save on car insurance in Florida?
To save money in Florida, you need to follow the following steps given as follows.
- Think twice before purchasing the insurance for your car.
- Multiply policy discounts
- Take courses of driving
- Keep your record clean.
Follow these steps, as discussed above. Moreover, some other factors affect car insurance, such as uninsured drivers, high-risk drivers, place, and much more.