Did budget coverage turn out to be high-priced auto insurance? Believe me when I say you are not the only one feeling buyer's remorse.
Shocking but true, nearly 70% of drivers have stayed with the same insurance company for more than four years, and nearly the majority have never even compared quotes to find cheap rates. Most drivers in Florida could save roughly 55% each year by just comparing quotes, but they just assume it's a time-consuming process to compare other rate quotes. Many car insurance companies vie for your hard-earned dollar, and because of this it can be hard to compare car insurance companies to find the cheapest price on auto insurance.
Discounts for lower Dania Beach auto insurance rates
Car insurance companies don't always advertise every available discount very clearly, so the list below details some of the more common and also the lesser-known discounts that may be available. If you are not receiving all the discounts possible, you could be getting lower rates.
- Anti-theft System - Vehicles that have factory alarm systems and tracking devices can help prevent theft and earn discounts up to 10% off your Dania Beach auto insurance quote.
- Organization Discounts - Being in qualifying employment or professional organizations could earn you a nice discount when getting a Dania Beach auto insurance quote.
- Senior Discount - Drivers that qualify as senior citizens can possibly qualify for a discount up to 10%.
- Payment Discounts - By paying your policy upfront as opposed to paying monthly you can avoid monthly service charges.
- Early Switch Discount - A few insurance companies offer discounts for switching policies before your current expiration date. It can save you around 10%.
- Claim-Free Discount - Insureds who avoid accidents and claims are rewarded with significantly better rates on Dania Beach auto insurance quote in comparison with policyholders that have many claims.
Policy discounts save money, but most discounts do not apply to the entire cost. Most only apply to specific coverage prices like comprehensive or collision. So even though it sounds like all the discounts add up to a free policy, company stockholders wouldn't be very happy. Any amount of discount will help reduce your policy cost.
A list of auto insurance companies and some of their more popular discounts are detailed below.
- 21st Century offers discounts for good student, student driver, homeowners, driver training, early bird, and theft prevention.
- Progressive includes discounts for homeowner, online quote discount, continuous coverage, multi-policy, multi-vehicle, online signing, and good student.
- State Farm discounts include accident-free, student away at school, good student, multiple policy, driver's education, and anti-theft.
- Nationwide offers discounts including Farm Bureau membership, multi-policy, easy pay, good student, and family plan.
- Esurance may include discounts for emergency road assistance, good driver, online quote, multi-policy, and multi-car.
- The Hartford offers premium reductions for good student, air bag, driver training, anti-theft, and defensive driver.
When getting free Dania Beach auto insurance quotes, it's a good idea to every company how many discounts you can get. Some discounts might not be offered in your state.
How to buy car insurance in Dania Beach
Most major insurance companies like Progressive, GEICO, Allstate and State Farm provide coverage prices on the web. Obtaining pricing is very simple as you simply type in your coverage preferences as detailed in the form. Behind the scenes, their system makes automated requests for credit information and your driving record and generates a price based on the information you submitted. The ability to get online rate quotes streamlines rate comparisons, and it's absolutely necessary to do this in order to find lower-cost rates.
To compare rates now, compare rates from the companies below. If you currently have coverage, we recommend you copy your coverages just like they are on your policy. Using the same limits helps guarantee you will get a price comparison using the same coverage and limits.
The following companies provide free rate quotes in Dania Beach, FL. If several companies are displayed, we suggest you visit as many as you can to get the cheapest price.
|Make, Model, and Trim Level||Annual Policy Premium||6-month Policy Premium||Monthly Premium|
|Chevrolet Equinox LS 2WD||$1,478||$739||$123|
|Chevrolet Impala LS||$1,606||$803||$134|
|Chevrolet Silverado LS Extended Cab 4WD||$1,258||$629||$105|
|Dodge Ram Quad Cab TRX4 Off Road 4WD||$1,284||$642||$107|
|Ford Escape XLT 4WD||$1,136||$568||$95|
|Ford Explorer Limited 4WD||$1,132||$566||$94|
|Ford F-150 XL Super Cab 4WD||$1,556||$778||$130|
|Ford Focus SE 2-Dr Coupe||$1,630||$815||$136|
|Honda Accord EX-L 4-Dr Sedan||$1,372||$686||$114|
|Honda CR-V EX-L 4WD||$938||$469||$78|
|Honda Civic GX 4-Dr Sedan||$1,230||$615||$103|
|Hyundai Elantra SE Touring Station Wagon||$1,544||$772||$129|
|Kia Optima SX||$1,132||$566||$94|
|Mazda 3 S Grand Touring 4-Dr Hatchback||$1,372||$686||$114|
|Nissan Altima 2.5 S 4-Dr Sedan||$1,022||$511||$85|
|Toyota Camry XLE||$1,314||$657||$110|
|Toyota Corolla LE||$1,022||$511||$85|
|Toyota RAV4 Sport 4WD||$1,120||$560||$93|
|Toyota Tacoma Double Cab 4WD||$1,660||$830||$138|
|Get Your Own Custom Quote Go|
Above prices assume married male driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Florida minimum liability limits. Discounts applied include multi-policy, safe-driver, multi-vehicle, claim-free, and homeowner. Estimates do not factor in Dania Beach location which can increase or decrease auto insurance rates substantially.
Yearly auto insurance costs for men versus women
The example below visualizes the comparison of auto insurance costs for male and female drivers in Dania Beach. The rates are based on no accidents, no driving violations, comprehensive and collision coverage, $250 deductibles, marital status is single, and no discounts are applied on a Toyota Corolla XLE.
Toyota Corolla rates are for example purposes only. To get rate quotes for your specific vehicle, click here.
Cost of full coverage
The illustration below visualizes the comparison of Honda Civic insurance costs with and without physical damage coverage, medical payments, and uninsured/under-insured motorist coverage. The data is based on no claims, a clean driving record, $100 deductibles, married male driver, and no discounts are taken into consideration.
Honda Civic rates are for example purposes only. To get rates for your specific vehicle, click here.
Should you be buying full coverage?
There is no definitive rule of when to eliminate physical damage coverage, but there is a general guideline you can use. If the yearly cost of comp and collision coverage is more than around 10% of any settlement you would receive from your insurance company, then it may be the right time to buy liability only.
For example, let's assume your Honda Civic claim settlement value is $6,000 and you have $1,000 policy deductibles. If your vehicle is totaled in an accident, the most your company would pay you is $5,000 after paying your deductible. If you are currently paying more than $500 annually to have full coverage, then you might consider buying liability only.
There are some circumstances where only buying liability is not a good plan. If you haven't satisfied your loan, you are required to maintain full coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if your emergency fund is not enough to purchase a different vehicle in case of an accident, you should keep full coverage.
An analysis of deductible level
When shopping for auto insurance, a common question is where should you set your physical damage deductibles. The figures shown below may help to illustrate how much more you'll pay when you select higher and lower insurance deductibles. The first pricing table uses a $250 deductible for physical damage and the second price table uses a $500 deductible.
Ford Focus rates are for example purposes only. To get rates for your specific vehicle, click here.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Focus S 4-Dr Sedan||$280||$544||$418||$24||$124||$1,415||$118|
|Focus SE 4-Dr Sedan||$280||$544||$418||$24||$124||$1,415||$118|
|Focus SEL 4-Dr Sedan||$280||$640||$418||$24||$124||$1,511||$126|
|Focus SES 4-Dr Sedan||$280||$640||$418||$24||$124||$1,511||$126|
|Focus SE 2-Dr Coupe||$322||$640||$472||$28||$142||$1,629||$136|
|Focus SES 2-Dr Coupe||$322||$640||$472||$28||$142||$1,629||$136|
|Get a Quote for Your Vehicle Go|
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Focus S 4-Dr Sedan||$228||$438||$418||$24||$124||$1,232||$103|
|Focus SE 4-Dr Sedan||$228||$438||$418||$24||$124||$1,232||$103|
|Focus SEL 4-Dr Sedan||$228||$516||$418||$24||$124||$1,310||$109|
|Focus SES 4-Dr Sedan||$228||$516||$418||$24||$124||$1,310||$109|
|Focus SE 2-Dr Coupe||$262||$516||$472||$28||$142||$1,420||$118|
|Focus SES 2-Dr Coupe||$262||$516||$472||$28||$142||$1,420||$118|
|Get a Quote for Your Vehicle Go|
Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and Florida minimum liability limits. Discounts applied include multi-policy, safe-driver, claim-free, multi-vehicle, and homeowner. Prices do not factor in vehicle garaging location which can revise insurance rates noticeably.
Using the premium rates above, we can conclude that using a $250 deductible will cost you roughly $17 more each month or $204 every year than quoting the higher $500 deductible. Since you would pay $250 more if you turn in a claim with a $500 deductible as compared to a $250 deductible, if you go at a minimum 15 months between claim filings, you would more than likely save some money if you elect the higher deductible. Below is how you can decide this on your own policy.
|Average monthly premium for $250 deductibles:||$127|
|Average monthly premium for $500 deductibles (subtract):||- $110|
|Monthly savings from raising deductible:||$17|
|Difference between deductibles ($500 - $250):||$250|
|Divide difference by monthly savings:||$250 / $17|
|Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible||15 months|
One important caveat is that higher deductibles results in more money out-of-pocket when you file a claim. You should have enough savings in the event you need to pay more for the deductible.
Do I need a local insurance agent?
Some people would rather visit with an insurance agent and doing so can bring peace of mind Licensed agents can help you build your policy and will help you if you have claims. A good thing about comparing rate quotes online is the fact that drivers can get lower rates and still choose a local agent. Supporting local agencies is especially important in Dania Beach.
Once you complete this form (opens in new window), the quote information is emailed to participating agents in Dania Beach that can give you free Dania Beach auto insurance quotes for your coverage. There is no reason to leave your computer as quotes are delivered to you. If you want to get a rate quote from a particular provider, don't hesitate to navigate to their website and fill out the quote form the provide.
Independent or Exclusive: It's your choice
When narrowing the list to find local Dania Beach agents, you need to know there are two different types of agencies and how they differ in how they can insure your vehicles. Auto insurance agents in Dania Beach can be classified as either independent or exclusive. Both types of agents can sell auto insurance policies, but it's worth learning how they are different because it can influence the type of agent you choose.
Independent Auto Insurance Agencies
Agents of this type are appointed with more than one company so they have the ability to put coverage with a variety of different insurance companies and find you cheaper rates. If they find a lower price, they can switch companies in-house and you won't have to switch agencies. If you are trying to find cheaper rates, you will want to compare prices from a couple of independent agencies so that you can do a thorough price comparison.
Exclusive Auto Insurance Agencies
Exclusive agencies work for only one company and some examples include State Farm, Allstate, and Farm Bureau. These agents are unable to provide other company's prices so keep that in mind. Exclusive insurance agents are well trained on their company's products and that allows them to sell at a higher price point.
Finding the right insurance agency is decision based upon more than just the premium amount. Here are some questions you might want to ask.
- Is the agent and/or agency licensed to do business in Florida?
- Are you getting all the discounts the company offers?
- What companies can they write with?
- Is working in the agency their full-time job?
- When do they do policy reviews?
- How long have they worked with personal auto insurance coverage?
After you get reasonable responses to any questions you may have and an acceptable price quote, it's possible that you found an insurance agency that meets the requirements to provide auto insurance coverage. Just remember you can always cancel your policy for any reason so never feel that you are obligated to a specific company indefinitely.
Cover all your bases
You just read some good ideas how to shop for auto insurance online. The key concept to understand is the more rate quotes you have, the better chance you'll have of finding affordable Dania Beach auto insurance quotes. Consumers may even find the lowest rates come from some of the lesser-known companies. These companies may have significantly lower car insurance rates on certain market segments than the large multi-state companies such as Allstate or State Farm.
As you prepare to switch companies, do not buy less coverage just to save a little money. In many cases, an insured dropped uninsured motorist or liability limits only to regret at claim time they didn't purchase enough coverage. The proper strategy is to purchase plenty of coverage for the lowest price and still be able to protect your assets.
More affordable auto insurance in Dania Beach is possible online as well as from insurance agents, so you need to quote Dania Beach auto insurance with both in order to have the best price selection to choose from. Some auto insurance companies do not offer the ability to get quotes online and many times these smaller providers provide coverage only through local independent agencies.