Key Biscayne Auto Insurance For Less Than You're Paying Now

Finding the best price on Key Biscayne auto insurance can seem complicated if you have never used quoting online. But relax because finding affordable coverage online is easier than you think.

If you currently have a car insurance policy, you will be able to save some money using these techniques. Buying affordable protection in Key Biscayne is simple if you know the tricks. But Florida vehicle owners do need to know how insurance companies compete online and take advantage of how the system works.

What determines how much you pay?

Consumers need to have an understanding of the factors that help determine auto insurance rates. Understanding what controls the rates you pay allows you to make educated decisions that will entitle you to much lower annual insurance costs.

  • Equipment add-ons that lower auto insurance rates - Owning a car that has an advanced theft prevention system can save you a little every year. Theft prevention features such as GM's OnStar, tamper alarm systems and vehicle immobilizers can help prevent auto theft.
  • Bundling policies can get discounts - Many insurance companies provide better rates to people who buy several policies from them. It's known as a multi-policy discount. Discounts can be 10 percent or more. Even though this discount sounds good, you may still want to comparison shop to make sure you are getting the best deal.
  • Men pay higher rates - Statistics show that men are more aggressive behind the wheel. However, this does not mean women are better drivers. Both sexes cause accidents at about the same rate, but the men have costlier accidents. Men also statistically get more serious tickets like reckless driving and DUI. Teenage male drivers are several times more likely to be in an accident and are penalized with high auto insurance rates.
  • Safer occupants lowers premiums - Vehicles with high crash test scores get lower rates. The safest vehicles result in less severe injuries and better occupant protection means less money paid by your insurance company and lower rates for you.

compare Key Biscayne auto insurance rates

Automobile Insurance Quotes in Key Biscayne, FL

All major auto insurance companies such as State Farm, Allstate and GEICO give prices for coverage on their websites. Getting online quotes is fairly straightforward as you simply type in your coverage preferences into the quote form. After the form is submitted, their system will obtain your driving and credit reports and generates a price based on these factors.

Online price quotes makes comparing rates easy, but the time required to go to each company's website and repetitively complete many quote forms can be a bit tiresome and repetitive. Unfortunately, it is important to perform this step in order to get a lower rate.

The easy way to compare rates

The preferred way to get multiple rate quotes requires only one form that gets prices from several different companies. It's a real time-saver, eliminates repetitive work, and makes comparison shopping much simpler. After sending your information, your coverage is rated and you can select any of the resulting price quotes.

If the quotes result in lower rates, you can simply submit the application and purchase coverage. This process takes just a few minutes to complete and you will know how your current rates stack up.

To quickly find out how much you're overpaying now, click here and fill out the form. If you have a policy now, it's recommended you type in the coverages just like they are on your policy. This makes sure you are getting comparison quotes for the exact same coverage.

More discounts equal less premium

Insuring your fleet can be pricey, but there are discounts available to cut the cost considerably. Some discounts apply automatically at the time you complete a quote, but lesser-known reductions have to be asked for prior to getting the savings.

  • Military Rewards - Being deployed with a military unit may qualify for rate reductions.
  • Anti-lock Brakes - Vehicles equipped with ABS or steering control can reduce accidents and qualify for as much as a 10% discount.
  • Senior Discount - If you're over the age of 55, you may be able to get reduced rates.
  • Federal Employees - Employees or retirees of the government could cut as much as 10% off with a few auto insurance companies.
  • Driver Safety - Successfully completing a course teaching defensive driving skills can save you 5% or more if your company offers it.
  • Life Insurance Discount - Select insurance companies reward you with lower rates if you buy life insurance.
  • Organization Discounts - Affiliation with certain professional organizations may earn a discount when shopping for auto insurance.
  • Air Bag Discount - Cars that have air bags or motorized seat belts can get savings of more than 20%.
  • Theft Prevention Discount - Vehicles with anti-theft systems can help prevent theft and qualify for as much as a 10% discount.
  • Good Student - This discount can earn a discount of 20% or more. The discount lasts well after school through age 25.

Drivers should understand that some credits don't apply to your bottom line cost. A few only apply to the cost of specific coverages such as liability and collision coverage. So even though it sounds like adding up those discounts means a free policy, companies wouldn't make money that way. But all discounts will cut your premiums.

To choose insurance companies who offer auto insurance discounts in Key Biscayne, click here.

Switch companies and save? Really?

Auto insurance providers like State Farm, Allstate and GEICO continually stream ads in print and on television. They all have a common claim that you'll save big after switching to them. How do they all say the same thing?

Insurance companies have a certain "appetite" for the type of driver that makes them money. An example of a driver they prefer might be profiled as over the age of 50, owns a home, and has great credit. A propective insured that hits that "sweet spot" receives the best rates and therefore will cut their rates substantially.

Potential customers who do not match the "perfect" profile will be quoted a more expensive rate and this can result in business not being written. Company advertisements say "people who switch" not "everyone that quotes" save money. That is how companies can advertise the savings.

This emphasizes why you need to get a wide range of price quotes. It's not possible to predict which company will give you the biggest savings.

It's not one size fits all

When buying proper insurance coverage for your vehicles, there is no single plan that fits everyone. Each situation is unique.

Here are some questions about coverages that might point out if you may require specific advice.

  • Am I covered when pulling a rental trailer?
  • Do I need PIP (personal injury protection) coverage in Florida?
  • Should I buy additional glass protection?
  • Am I covered when delivering products for my home-based business?
  • Am I covered if I drive in a foreign country?
  • Can I rate high risk drivers on liability-only vehicles?
  • Should I rate my vehicle as pleasure use or commute?

If you can't answer these questions, you might consider talking to an agent. To find an agent in your area, take a second and complete this form.

Much more information about auto insurance in Florida is available on the Florida Office of Insurance Regulation website through this link. Florida drivers can view a list of available companies, read consumer alerts, and learn about insurance regulations.

Key Biscayne auto insurance quote

Do the work, save more money

Drivers change insurance companies for many reasons like unfair underwriting practices, policy cancellation, denial of a claim or even delays in responding to claim requests. It doesn't matter why you want to switch finding the right auto insurance provider is easier than you think.

As you prepare to switch companies, you should never reduce coverage to reduce premium. There have been many situations where an insured cut comprehensive coverage or liability limits to discover at claim time that the small savings ended up costing them much more. The proper strategy is to buy enough coverage at an affordable rate while still protecting your assets.

Budget-conscious auto insurance can be bought on the web and with local Key Biscayne insurance agents, and you should be comparing both to have the best rate selection. There are still a few companies who do not offer online price quotes and these smaller companies work with independent agents.