Who Has the Cheapest Auto Insurance Quotes for Real Estate Agents in Florida?

It’s impossible to miss the catchy commercials from auto insurance companies like Liberty Mutual, The General, and Allstate that make promises of enormous savings, so you should just pick the company with the catchiest ad, right?

Unfortunately, it’s just not that easy, as there are a whole bunch of unknown elements such as the likelihood of vehicle theft where you live, if you have a spouse, and the deductible level you need. This article delves into these things and will hopefully give the reader a good start in finding the cheapest car insurance in Florida.

Finding decent, budget auto insurance is not always easy, and determining which companies offer the most affordable car insurance rates for real estate agents will require even more work.

Each insurer has a different process to determine premium rates, so let’s take a look at the most budget-friendly car insurance companies in Florida. It’s important to understand that Florida car insurance rates are based on many factors which can substantially change the policy premium. Simply having another birthday, buying a home, or having an at-fault accident may generate price changes resulting in some rates now being more affordable than others.

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USAA offers some of the best car insurance rates in Florida at around $986 per year. Electric, Amica, Progressive, and Travelers also make the cut as some of the cheaper Florida car insurance companies.

As illustrated above, if you currently buy coverage from Progressive and switched to USAA, you might realize savings of in the vicinity of $807. Customers with Travelers might save as much as $959 a year, and Allied insureds might reduce rates by $999 a year.

Be aware that those rates are averaged for all insureds and vehicles and are not factoring in a price decrease for real estate agents. So the insurer that is best suited for you may not even be featured in the list above. That point stresses why you need to get rate quotes from many companies using your own driver data and vehicle information.

When shopping for the cheapest auto insurance for realtors, one of the many considerations that is used by auto insurance companies to determine the price you pay for insurance is the neighborhood you call home in Florida. Urban areas that are densely populated like Hialeah, Miami, and Miramar will most likely have higher rates, whereas areas with lower vehicle theft rates and fewer weather claims have the benefit of the cheapest car insurance for real estate agents in Florida.

The illustration below illustrates the most expensive areas in Florida for real estate agents in which to purchase auto insurance.

Premium costs are comparative as the specific area where the vehicle is garaged can influence rates greatly.

The vehicle requiring coverage is one of the largest considerations when comparing the cheapest car insurance for real estate agents in Florida. Vehicles with high performance features, a lack of safety features, or high incidents of liability claims will cost significantly more to insure than safer, lower-performance models. The table below presents insurance premiums for a selection of the most economical vehicles to buy coverage for.

Price data assumes single male driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Florida minimum liability limits. Discounts applied include claim-free, homeowner, multi-policy, safe-driver, and multi-vehicle. Estimates do not factor in your specific Florida location which can revise price quotes greatly.

Based upon the table data, you can infer that models like the Ford F-150, Kia Forte, and Subaru Forester will be some of the more affordable vehicles to insure for realtors.

Ending up with the right auto insurance provider is hard considering how many choices there are in Florida. The ranking information listed below could help you decide which car insurance providers you want to consider putting your business with.

The rankings below are only comprised of major nationwide insurance companies, so smaller companies are not taken into consideration for this list. To get price quotes from these and other competitive companies, just click here.

Safe drivers pay less for car insurance

The obvious way to snag good car insurance prices for realtors is to drive attentively and maintain a clean driving record. The illustration below demonstrates how traffic citations and at-fault collisions impact auto insurance costs for different age groups of insureds. The premiums assume a single female driver, comprehensive and collision coverage, $100 deductibles, and no discounts are taken into consideration.

The data charted above shows the average cost of an auto insurance policy per year with no violations or accidents is $2,262. Receive two speeding tickets and the average cost surges to $3,045, an increase of $783 each year. Now get one accident along with the two speeding tickets and the annual cost of car insurance for real estate agents jumps again to an average of $3,826. That’s an increase of $1,565, or $130 per month, just for not being a responsible driver!

Find the cheapest car insurance for real estate agents in Florida

Here are many thrifty ideas that can help you locate lower-cost car insurance.

• Avoid accidents
• Full coverage may not be needed on older vehicles
• Try to not file small claims
• Violations and traffic tickets increase rates
• Higher physical damage deductibles lower rates
• Compare prices as often as possible

That last idea is particularly important, as we pointed out in this article. Prices in Florida can change in a short period of time, so don’t be hesitant to buy a policy from a new company if a better deal can be had.

Brand loyalty is great, but it’s not recommended if that inflexibility results in costing you a lot of money. Now is a great time to compare rates to find cheaper car insurance for real estate agents.

Cheapest insurance quotes for realtors

You have a lot of ways to quote car insurance rates in Florida, but the three most common methods are from a non-exclusive or independent agent, an exclusive agency such as State Farm or Allstate, or from a direct company like Geico. All three ways can provide car insurance quotes, but car insurance shoppers should know the differences in how they give price quotes.

Independent insurance agencies have contracts with many companies and can compare coverage rates with all of them. These types of agencies do not write with just one company and can get prices from more than one company, which can give you a better overall rate comparison. If you want to switch companies, they can switch companies in-house which makes it simple for you.

Exclusive agents are restricted to quoting rates for just one company, two of the more popular are an Allstate or Liberty Mutual agent. These agents usually cannot quote prices from more than just one company, so if rates are high, they cannot give you alternative choices.

Buying direct means you skip local agents and instead buy direct online or over the phone from a company like Esurance or Progressive. This option may be preferred by families who do not need advice for asset protection and have a decent understanding of what limits they need.

When shopping for car insurance, which way works best to buy the cheapest car insurance for real estate agents in Florida? The obvious answer would be buying from a direct company results in the cheapest rates because there is no agent taking a commission, but that is generally not the case. And we’d like to say buying car insurance from an independent agent results in the best rates since they have more companies to choose from, but again, it’s not necessarily true. And occasionally, exclusive agents have price quotes that are well below what direct and independents offer.

Because there are so many factors that make up car insurance rates, the best method to ensure you are not overpaying for car insurance is to get quotes and compare. We highly recommend getting prices from all three types in order to be able to find the lowest price. For a list of car insurance companies with low rates, click here to view.