Who Has the Cheapest Auto Insurance Quotes for Drivers with Accidents in Florida?

Who Has the Cheapest Auto Insurance Quotes for Drivers with Accidents in Florida?

This would be a really short article if we could simply give you the name of the one auto insurance company that is cheapest in Florida. It’s just not that easy, however, as there are many unknown factors like where you live in Florida, the performance level of your vehicle, and your driving record. We know insurance is not everyone’s favorite topic, but in this article we will cover these topics and will hopefully give you a good start in finding the cheapest insurance.

For drivers with at-fault accidents, one of the largest components that is looked at to determine the annual cost of car insurance is where you keep your car in Florida. Densely populated urban areas like Hialeah, Miami, and Miramar tend to have more expensive car insurance rates, whereas areas with less people or fewer weather incidents enjoy lower auto insurance rates.

The illustration below sorts the most expensive areas in Florida for drivers with accidents to purchase a policy in.

How much does car insurance cost in Florida?
Rank City Annual Rate
1 Hialeah $3,523
2 Miami Gardens $3,277
3 Miami $3,177
4 Miami Beach $3,043
5 Miramar $2,709
6 West Palm Beach $2,679
7 Tampa $2,636
8 Hollywood $2,604
9 Pompano Beach $2,518
10 Fort Lauderdale $2,500
11 Coral Springs $2,474
12 Davie $2,448
13 Pembroke Pines $2,431
14 Brandon $2,298
15 St. Petersburg $2,286
16 Clearwater $2,172
17 Spring Hill $2,102
18 Orlando $2,090
19 Jacksonville $2,040
20 Port St. Lucie $1,935
21 Cape Coral $1,860
22 Lakeland $1,827
23 Palm Bay $1,786
24 Tallahassee $1,784
25 Gainesville $1,630
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Rate quotes are approximated as the specific garaging location can affect insurance rates greatly.

The vehicle that is being insured is a large consideration when quoting low-cost insurance for drivers with accidents. Vehicles with high performance features, a lack of safety features, or high incidents of liability claims will cost significantly more to insure than more economical and safe models. The next tables shows car insurance prices for some of the more afforable vehicles to buy coverage for.

Insurance Rates for Popular Cars in Florida
Make, Model, and Trim Level Annual Cost Semi-Annual Cost Monthly Cost
Chevrolet Malibu Hybrid $3,082 $1,541 $257
Ford Focus SES 4-Dr Sedan $3,230 $1,615 $269
Ford Fusion SE 4-Dr Sedan $3,306 $1,653 $276
Honda Civic SI 2-Dr Coupe $4,112 $2,056 $343
Hyundai Elantra Blue 4-Dr Sedan $3,230 $1,615 $269
Hyundai Sonata GLS 4-Dr Sedan $3,306 $1,653 $276
Toyota Corolla XLE $3,268 $1,634 $272
Volkswagen Jetta LE 4-Dr Sedan $3,082 $1,541 $257
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Cost estimates assume single male driver age 50, no speeding tickets, two at-fault accidents, $500 deductibles, and Florida minimum liability limits. Discounts applied include homeowner, multi-vehicle, and multi-policy. Rate quotes do not factor in vehicle location which can raise or lower rates considerably.

Insurance Rates for Popular SUVs and Crossovers in Florida
Make, Model, and Trim Level Annual Cost Semi-Annual Cost Monthly Cost
Acura MDX with Tech Package 4WD $3,344 $1,672 $279
Acura RDX Technology Package 2WD $3,044 $1,522 $254
Chevrolet Traverse LT AWD $2,858 $1,429 $238
Ford Escape XLS 2WD $2,596 $1,298 $216
Ford Explorer XLT 2WD $2,896 $1,448 $241
GMC Acadia SLT AWD $3,120 $1,560 $260
Honda CR-V EX 2WD $2,596 $1,298 $216
Honda Fit Sport $2,490 $1,245 $208
Honda Pilot EX 4WD $2,934 $1,467 $245
Hyundai Tucson GLS 2WD $2,858 $1,429 $238
Jeep Grand Cherokee Limited 4WD $3,306 $1,653 $276
Jeep Patriot Limited 2WD $3,082 $1,541 $257
Lexus RX 350 4WD $3,754 $1,877 $313
Toyota Highlander 2WD $2,896 $1,448 $241
Toyota RAV4 2WD $3,082 $1,541 $257
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Cost estimates assume single male driver age 50, no speeding tickets, two at-fault accidents, $500 deductibles, and Florida minimum liability limits. Discounts applied include multi-vehicle, multi-policy, and homeowner. Rate information does not factor in vehicle garaging location which can change rates greatly.

Insurance Rates for Popular Pickup Trucks in Florida
Make, Model, and Trim Level Annual Cost Semi-Annual Cost Monthly Cost
Chevrolet Silverado LTZ Extended Cab 2WD $3,530 $1,765 $294
Dodge Ram 2500 Mega Cab Laramie 4WD $3,568 $1,784 $297
Dodge Ram Crew Cab Laramie 2WD $3,568 $1,784 $297
Ford F-150 XLT Super Cab 4WD $2,934 $1,467 $245
Ford F-350 Super Cab Cabela Package 2WD $3,344 $1,672 $279
GMC Canyon SLE Ext Cab 4WD $2,896 $1,448 $241
GMC Sierra 3500HD SLT Extended Cab 2WD $3,344 $1,672 $279
GMC Sierra SL Extended Cab 2WD $3,082 $1,541 $257
Toyota Tacoma Double Cab TRD Sport Package 4WD $3,120 $1,560 $260
Toyota Tundra SR/5 Crew Max 4WD $3,568 $1,784 $297
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Premium data assumes single male driver age 50, no speeding tickets, two at-fault accidents, $500 deductibles, and Florida minimum liability limits. Discounts applied include multi-policy, multi-vehicle, and homeowner. Rate information does not factor in specific Florida garaging location which can change rates greatly.

The diagram below illustrates how your choice of deductibles can change annual premium costs when quoting cheap insurance for drivers with accidents. The premiums assume a single male driver, comprehensive and collision coverage, and no additional discounts are factored in.

A 30-year-old driver could lower their policy premium by $522 a year by switching the physical damage coverage from a $100 deductible up to a $500 deductible, or save $786 by choosing a $1,000 deductible. Even younger drivers, such as the Age 20 example, have the ability to save up to $1,550 every year just by choosing higher deductibles when buying full coverage.

If you do make the decision to raise your deductibles, it will now be necessary to have enough savings to enable you to pay the extra out-of-pocket expense, which deters some drivers from choosing higher deductibles.

Liability only or full coverage

Finding the cheapest auto insurance for drivers with accidents in Florida should be important to the majority of vehicle owners, and a good way to find cheaper insurance is to not buy comprehensive and collision coverage. The diagram below visualizes the comparison of insurance prices when comparing full coverage to liability only. The prices are based on no accidents, no driving violations, $250 deductibles, single status, and no other discounts are factored in.

If all age groups are averaged, full coverage on your policy costs an additional $2,186 per year over having just liability coverage. A very common question is when is it a good idea to stop buying full coverage. There isn’t a written rule to stop paying for full coverage on your policy, but there is a guideline you can consider. If the yearly cost of full coverage is more than 10% of any settlement you would receive from your insurance company, then it’s probably a good time to buy liability coverage only.

There are a few cases where eliminating full coverage is not in your best interest. If you have an outstanding loan on your vehicle, you have to carry full coverage as part of the loan requirements. Also, if your finances do not allow you to purchase a different vehicle if your current one is in an accident, you should keep full coverage in place.

Does Allstate, Progressive, Geico, or State Farm have the cheapest car insurance?

When comparing car insurance, the most popular companies are Allstate, Progressive, Geico, and State Farm. If you put them all together, they insure nearly half of the entire U.S. auto insurance market. The data below ranks some of the different features that are available from each company.

Top U.S. Auto Insurance Company Ratings
Allstate Progressive Geico State Farm
Claims Rank 1st 4th 3rd 2nd
Overall Price 4th 3rd 1st 2nd
Customer Satisfaction 2nd 3rd 1st 4th
Policy Discounts 1st 4th 2nd 3rd
Market share percentage 10% 8.8% 11.4% 18.3%
Emergency roadside service Yes Yes Yes Yes
Mechnical breakdown No Yes Yes No
Usage-based rating Yes Yes No Yes
New car replacement coverage Yes No No No
Accident forgiveness Yes Yes Yes No
Uber and Lyft insurance Yes Yes Yes Yes
Available in Florida Yes Yes Yes Yes
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