Pricey car insurance in Clearwater can take a big chunk out of your personal savings and force you to make sacrifices. Comparison shopping is a smart way to make sure you're not throwing money away.

Unbelievable but true according to a study most car insurance customers have purchased from the same company for at least the last four years, and just under half have never shopped around. Florida insurance shoppers can save 55% each year, but they just assume it takes a lot of time to find lower-cost rates by getting comparison quotes. Insurance companies such as Progressive, State Farm and GEICO constantly bombard you with ad campaigns and it is difficult to ignore the flying pigs and cute green geckos and find the best price available.

It's important to take a look at other company's rates quite often since insurance prices are usually higher with each renewal. Even if you think you had the best deal on car insurance at your last renewal a different company probably has better premium rates today. Forget anything you know (or think you know) about car insurance because you're about to find out one of the best ways to find better coverage on car insurance at a better price.

Finding low cost auto insurance prices can be surprisingly simple. You just need to invest a little time to compare rate quotes from different insurance companies.

It's so simple to compare auto insurance price quotes online makes it a waste of time to physically go to all the different Clearwater insurance agencies. The ability to quote auto insurance online makes this unnecessary unless your situation requires the guidance of an agent trained in personal lines coverage. If you prefer, some companies allow you to comparison shop your insurance online but buy from a local Clearwater insurance agent.

The companies in the list below are ready to provide free quotes in Florida. If several companies are displayed, we suggest you visit several of them in order to get a fair rate comparison.

Insurance Rates for Popular Vehicles in Clearwater
Make, Model, and Trim Level Annual Policy Premium 6-month Policy Premium Monthly Premium
Chevrolet Impala LTZ $1,580 $790 $132
Chevrolet Silverado LS Crew Cab 2WD $1,646 $823 $137
Dodge Ram Quad Cab Sport 2WD $1,732 $866 $144
Ford Escape XLS 2WD $946 $473 $79
Ford F-150 XLT Crew Cab 4WD $1,518 $759 $127
Ford Focus SES 4-Dr Sedan $1,454 $727 $121
Honda Accord EX 4-Dr Sedan $836 $418 $70
Honda CR-V LX 2WD $1,068 $534 $89
Honda Civic EX 4-Dr Sedan $1,486 $743 $124
Hyundai Elantra GLS Touring Station Wagon $1,202 $601 $100
Mazda 3 I SV 4-Dr Sedan $1,660 $830 $138
Nissan Altima 2.5 S 2-Dr Coupe $1,658 $829 $138
Toyota Camry Hybrid $1,580 $790 $132
Toyota Corolla S $1,164 $582 $97
Toyota Prius $1,196 $598 $100
Volkswagen Jetta SE 2.5 Station Wagon $1,686 $843 $141
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Table data represents single female driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and Florida minimum liability limits. Discounts applied include claim-free, multi-vehicle, multi-policy, homeowner, and safe-driver. Price information does not factor in specific location which can raise or lower coverage rates substantially.

Gender-based car insurance premiums

The chart below illustrates the comparison of annual premium costs for male and female drivers in Clearwater. The rate quotes are based on no claims or violations, full physical damage coverage, $1,000 deductibles, marital status is single, and no discounts are applied to the premium on a Hyundai Elantra Blue.

Hyundai Elantra rates are for example purposes only. To get rate quotes for your specific vehicle, click here.

Policy deductible comparison

One common question asked by Clearwater drivers is how high or low should comp and collision deductibles be. The following insurance rates summarize how much more you'll pay when you select higher and lower physical damage deductibles. The first data set uses a $250 physical damage deductible and the second price chart uses a $500 deductible.

Honda Accord rates are for example purposes only. To get rates for your specific vehicle, click here.

Honda Accord insurance policy rates with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Accord LX 4-Dr Sedan $280 $446 $354 $20 $106 $1,231 $103
Accord LX 4-Dr Sedan $280 $446 $354 $20 $106 $1,231 $103
Accord EX 4-Dr Sedan $280 $446 $354 $20 $106 $1,231 $103
Accord LX-P 4-Dr Sedan $280 $446 $354 $20 $106 $1,231 $103
Accord LX-P 4-Dr Sedan $280 $446 $354 $20 $106 $1,231 $103
Accord EX-L 4-Dr Sedan $322 $544 $354 $20 $106 $1,371 $114
Accord EX 2-Dr Coupe $322 $640 $472 $28 $142 $1,629 $136
Accord LX-S 2-Dr Coupe $322 $640 $472 $28 $142 $1,629 $136
Accord EX-L 2-Dr Coupe $364 $640 $472 $28 $142 $1,671 $139
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Honda Accord insurance policy rates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Accord LX 4-Dr Sedan $228 $360 $354 $20 $106 $1,068 $89
Accord LX 4-Dr Sedan $228 $360 $354 $20 $106 $1,068 $89
Accord EX 4-Dr Sedan $228 $360 $354 $20 $106 $1,068 $89
Accord LX-P 4-Dr Sedan $228 $360 $354 $20 $106 $1,068 $89
Accord LX-P 4-Dr Sedan $228 $360 $354 $20 $106 $1,068 $89
Accord EX-L 4-Dr Sedan $262 $438 $354 $20 $106 $1,180 $98
Accord EX 2-Dr Coupe $262 $516 $472 $28 $142 $1,420 $118
Accord LX-S 2-Dr Coupe $262 $516 $472 $28 $142 $1,420 $118
Accord EX-L 2-Dr Coupe $296 $516 $472 $28 $142 $1,454 $121
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Data variables include married male driver age 30, no speeding tickets, no at-fault accidents, and Florida minimum liability limits. Discounts applied include safe-driver, homeowner, multi-vehicle, multi-policy, and claim-free. Price information does not factor in specific location information which can influence coverage rates greatly.

We can derive from the above data that using a $250 deductible could cost the average driver approximately $16 more each month or $192 annually than quoting the higher $500 deductible. Because you would pay $250 more if you file a claim with a $500 deductible as compared to a $250 deductible, if you usually have more than 16 months between claim filings, you would save more money going with the higher deductible. The illustration below shows how you can come to your own conclusion.

Average monthly premium for $250 deductibles: $116
Average monthly premium for $500 deductibles (subtract): - $100
Monthly savings from raising deductible: $16
Difference between deductibles ($500 - $250): $250
Divide difference by monthly savings: $250 / $16
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 16 months

One thing to be aware of is that raising deductibles to save money results in having to pay to pay more out-of-pocket when you have to file a claim. That will necessitate some extra savings in the event you need to pay the deductible.

Save money by earning these six discounts

Some insurers don't always advertise every disount available very well, so the list below gives a summary of both well-publicized and the harder-to-find discounts that you may qualify for.Car insurance discounts

Discounts save money, but please remember that most credits do not apply to the entire policy premium. Most only apply to specific coverage prices like comp or med pay. If you do the math and it seems like all those discounts means the company will pay you, nobody gets a free ride.

A few of the larger companies and some of the premium reductions they offer are detailed below.

When comparing rates, check with every prospective company how you can save money. Depending on the company, some discounts might not be available to policyholders in your state. To see a list of companies who offer cheap car insurance quotes in Florida, click here to view.

Auto insurance agents are professional risk managers

Certain consumers still prefer to talk to an insurance agent and that is OK! Agents can answer important questions and give you someone to call. One of the benefits of price shopping on the web is that you can obtain lower rates and still have an agent to talk to.

To find an agent, once you fill out this short form, your coverage information is sent to local insurance agents in Clearwater who will return price quotes for your auto insurance coverage. You never need to find an agent on your own as quotes are delivered to you directly. If for some reason you want to get a comparison quote from a particular provider, don't hesitate to find their quoting web page and fill out the quote form the provide.

Picking the best insurance company requires more thought than just a low price. Here are some questions you might want to ask.

Auto insurance 101

Knowing the specifics of your auto insurance policy can help you determine appropriate coverage for your vehicles. Auto insurance terms can be difficult to understand and nobody wants to actually read their policy. Below you'll find typical coverage types found on the average auto insurance policy.

Liability coverages

This coverage provides protection from damage or injury you incur to a person or their property by causing an accident. This coverage protects you against claims from other people, and does not provide coverage for damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show liability limits of 10/20/10 that means you have a $10,000 limit per person for injuries, a limit of $20,000 in injury protection per accident, and a limit of $10,000 paid for damaged property.

Liability can pay for things such as structural damage, repair costs for stationary objects, loss of income and attorney fees. How much coverage you buy is a personal decision, but consider buying as high a limit as you can afford. Florida requires minimum liability limits of 10/20/10 but you should consider buying higher limits.

Comprehensive coverage

This pays for damage caused by mother nature, theft, vandalism and other events. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive coverage protects against claims like a tree branch falling on your vehicle, damage from getting keyed and rock chips in glass. The most you'll receive from a claim is the market value of your vehicle, so if your deductible is as high as the vehicle's value it's probably time to drop comprehensive insurance.

Medical payments coverage and PIP

Med pay and PIP coverage provide coverage for short-term medical expenses for things like hospital visits, ambulance fees, dental work, surgery and rehabilitation expenses. The coverages can be utilized in addition to your health insurance program or if you are not covered by health insurance. Coverage applies to both the driver and occupants and will also cover being hit by a car walking across the street. Personal Injury Protection is not an option in every state but can be used in place of medical payments coverage

Coverage for collisions

Collision coverage pays for damage to your vehicle resulting from a collision with another car or object. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers claims such as colliding with a tree, driving through your garage door, crashing into a ditch and rolling your car. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are older. It's also possible to raise the deductible in order to get cheaper collision rates.

Uninsured/Underinsured Motorist coverage

Your UM/UIM coverage protects you and your vehicle's occupants when other motorists are uninsured or don't have enough coverage. It can pay for injuries sustained by your vehicle's occupants and also any damage incurred to your vehicle.

Due to the fact that many Florida drivers carry very low liability coverage limits (10/20/10), it doesn't take a major accident to exceed their coverage limits. That's why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.

Affordable auto insurance premiums are possible

More affordable auto insurance in Clearwater is attainable on the web and from local insurance agents, so get free Clearwater auto insurance quotes from both of them to have the best selection. Some insurance companies may not offer the ability to get a quote online and many times these regional insurance providers prefer to sell through independent insurance agencies.

When getting Clearwater auto insurance quotes online, it's not a good idea to skimp on coverage in order to save money. There are too many instances where someone sacrificed uninsured motorist or liability limits to discover at claim time they didn't purchase enough coverage. The proper strategy is to buy enough coverage at a price you can afford, but do not sacrifice coverage to save money.

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