Do you want a faster way to compare more affordable insurance rates in Altamonte Springs, FL? Being forced to pay for pricey insurance premiums can draw down your personal savings and force you to make tough financial choices. Performing a price comparison is free, only takes a few minutes, and is a good way to tighten up your finances.

It's astonishing, but the vast majority of insurance customers have purchased from the same company for a minimum of four years, and almost half have never compared rate quotes at all. Many consumers in Florida can save hundreds of dollars each year, but they just assume it takes a lot of time to shop around. Many insurers compete for your hard-earned dollar, and because of this it can be hard to compare auto insurance companies and get the best coverage at the lowest cost out there.

Finding a lower price on insurance doesn't have to be difficult. All that's required is to invest a few minutes comparing rates to discover which company has inexpensive Altamonte Springs auto insurance quotes.

It's so easy to compare price quotes online that it makes it a waste of time to call or drive to insurance agents' offices. Quoting insurance online eliminates this option unless you have a need for the professional assistance of a licensed agent. You can, however, price shop online and still use a local Altamonte Springs agent.

The providers in the list below provide price comparisons in Altamonte Springs, FL. If multiple companies are listed, we suggest you visit two to three different companies to get the most competitive price.

Insurance Rates for Popular Vehicles in Altamonte Springs
Make, Model, and Trim Level Annual Policy Premium 6-month Policy Premium Monthly Premium
Chevrolet Colorado LT Crew Cab 2WD $1,378 $689 $115
Chevrolet Silverado LS Regular Cab 4WD $1,304 $652 $109
Dodge Ram Crew Cab ST 2WD $1,568 $784 $131
Ford Edge SEL AWD $1,620 $810 $135
Ford Escape Limited 4WD $892 $446 $74
Ford F-150 Lariat Crew Cab Harley 4WD $1,850 $925 $154
Ford Focus S 4-Dr Sedan $1,378 $689 $115
Honda Accord EX 2-Dr Coupe $1,090 $545 $91
Honda CR-V EX-L 2WD $954 $477 $80
Honda Civic DX 2-Dr Coupe $1,134 $567 $95
Jeep Grand Cherokee SRT-8 4WD $1,560 $780 $130
Jeep Wrangler Sport Islander Package 4WD 2-Dr $1,508 $754 $126
Nissan Altima 2.5 4-Dr Sedan $1,446 $723 $121
Toyota Camry SE $1,466 $733 $122
Toyota Corolla LE $1,162 $581 $97
Toyota Prius $1,016 $508 $85
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Data variables include married female driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Florida minimum liability limits. Discounts applied include multi-policy, claim-free, safe-driver, multi-vehicle, and homeowner. Rate quotes do not factor in specific zip code location which can influence insurance rates considerably.

Physical damage deductibles: Should you raise them?

One common question asked by Altamonte Springs drivers is what deductibles to buy. The comparisons below may aid in understanding how much more rates are when you buy lower versus higher insurance deductibles. The first data set uses a $250 physical damage deductible and the second price table uses a $1,000 deductible.

Chevrolet Tahoe rates are for example purposes only. To get rates for your specific vehicle, click here.

Chevrolet Tahoe insurance with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Tahoe LS 2WD $322 $544 $418 $24 $124 $1,457 $121
Tahoe LS 4WD $364 $544 $418 $24 $124 $1,499 $125
Tahoe LT 2WD $364 $544 $418 $24 $124 $1,499 $125
Tahoe LT 4WD $364 $544 $418 $24 $124 $1,499 $125
Tahoe LTZ 2WD $364 $640 $418 $24 $124 $1,595 $133
Tahoe LTZ 4WD $364 $640 $418 $24 $124 $1,595 $133
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Chevrolet Tahoe insurance with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Tahoe LS 2WD $200 $342 $418 $24 $124 $1,108 $92
Tahoe LS 4WD $224 $342 $418 $24 $124 $1,132 $94
Tahoe LT 2WD $224 $342 $418 $24 $124 $1,132 $94
Tahoe LT 4WD $224 $342 $418 $24 $124 $1,132 $94
Tahoe LTZ 2WD $224 $402 $418 $24 $124 $1,192 $99
Tahoe LTZ 4WD $224 $402 $418 $24 $124 $1,192 $99
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Premium data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Florida minimum liability limits. Discounts applied include claim-free, multi-policy, multi-vehicle, homeowner, and safe-driver. Rates do not factor in zip code location which can revise coverage rates noticeably.

Based on the figures above, using a $250 deductible will cost you approximately $32 more each month or $384 for a full year than quoting the higher $1,000 deductible. Since you would pay $750 more if you turn in a claim with a $1,000 deductible as compared to a $250 deductible, if you normally go at least 23 months between claim filings, you would most likely save money by going with a higher deductible.

Can higher deductibles save money?

The diagram below shows how choosing a deductible and can influence Nissan Altima yearly insurance costs for different age groups of insureds. The costs are based on a married female driver, comp and collision included, and no discounts are taken into consideration.

Nissan Altima rates are for example purposes only. To get rates for your specific vehicle, click here.

Why you need to buy auto insurance

Despite the fact that auto insurance is not cheap in Altamonte Springs, maintaining insurance serves an important purpose.

The benefits of insuring your car definitely exceed the price paid, particularly if you ever have a claim. The average driver in America is overpaying over $825 a year so shop around at every policy renewal to ensure rates are competitive.

Good decisions result in lower premiums

It's important that you understand the different types of things that come into play when calculating car insurance rates. If you know what determines premiums, this helps enable you to make changes that may reward you with lower premium levels. Many factors are considered when pricing auto insurance. Some of the criteria are obvious like an MVR report, but others are not quite as obvious like your vehicle usage and annual miles driven.

Listed below are a few of the "ingredients" car insurance companies consider when setting your premiums.

Get discounts to get affordable Altamonte Springs car insurance rates

Companies offering auto insurance don't always publicize all their discounts in a way that's easy to find, so the list below gives a summary of some of the more common as well as the least known credits available to lower your premiums when you buy Altamonte Springs auto insurance online. If they aren't giving you every credit available, you could be getting lower rates.Save money with discounts

Keep in mind that most discount credits are not given to the entire cost. Some only reduce the price of certain insurance coverages like liability and collision coverage. Even though the math looks like having all the discounts means you get insurance for free, car insurance companies aren't that generous.

If you would like to see a list of providers that can offer you the previously mentioned discounts in Altamonte Springs, follow this link.

Getting quotes from local Altamonte Springs insurance agencies

Some people would prefer to sit down and talk to an agent and that is OK! Licensed agents can help determine the best coverages and help in the event of a claim. The biggest benefit of comparing rate quotes online is that drivers can save money and get cheap rate quotes and also buy local. And buying from neighborhood insurance agencies is important particularly in Altamonte Springs.

Altamonte Springs insurance agentsFor easy comparison, once you complete this short form, the quote information is immediately sent to companies in Altamonte Springs who will give you bids to get your business. There is no need to do any legwork as quotes are delivered immediately to your email address. If you wish to get a rate quote from a specific auto insurance provider, feel free to jump over to their website and submit a quote form there.

When narrowing the list to find local Altamonte Springs agents, it's important to understand the types of agencies and how they differ in how they can insure your vehicles. Auto insurance agents in Altamonte Springs are categorized either independent or exclusive. Both types can sell affordable auto insurance policies, but we need to point out how they differ since it may influence buying decisions.

Independent Insurance Agents

These type of agents can quote rates with many companies so they can insure your vehicles through many companies and find the cheapest auto insurance rates. To transfer your coverage to a different company, they simply switch companies in-house and you don't have to find a new agent. If you need lower rates, you need to include several independent insurance agents to maximize your price options.

Exclusive Auto Insurance Agents

Agents in the exclusive channel have only one company to place business with like Farmers Insurance, State Farm, or Allstate. Exclusive agents cannot shop your coverage around so keep that in mind. These agents receive a lot of sales training on their products and sales techniques and that allows them to sell at a higher price point.

Picking an insurance agent requires more thought than just a cheap price. Here are some questions you should ask.

Once you have satisfactory answers to any questions you have in addition to an acceptable price estimate, it's a good possibility that you have found a car insurance agent that is reliable enough to adequately provide auto insurance.

Claim statistics by make and model

Are you driving a vehicle with a high chance of a claim? The tables below show the best and worst vehicles for the probability of having to file claims for each type of coverage listed.

Vehicle Models with the Lowest and Highest Collision Insurance Claims
Lowest Claim Frequency Highest Claim Frequency
Ford F-250 SuperCab Maserati Granturismo
GMC Canyon Ferrari 458
Smart ForTwo Bently Continental GTC
Ford Edge BMW 6 Series
Jeep Wrangler Maserati Ghibli
Ford F-150 SuperCrew Audi RS7

Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years

Lowest and Highest Liability Coverage Claims by Manufacturer Model
Lowest Claim Frequency Highest Claim Frequency
Acura MDX Kia Optima
Fiat 500 Chevrolet Impala
Subaru Outback Kia Rio
Chevrolet Corvette Dodge Charger
Mercedes-Benz SL Class Chevrolet Cruze
Volvo XC60 Hyndai Accent

Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years

Car Insurance Comprehensive Claims by Vehicle Make and Model
Lowest Claim Frequency Highest Claim Frequency
Chevy Spark Mercedes-Benz S Class
Infiniti QX50 Porsche Panamera GTS
Chevy Silverado 2500 Bentley Continental GTC
Smart ForTwo Bentley Continental GT
Nissan Leaf BMW M6
GMC Sierra 2500 Maserati Quattroporte

Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years

Vehicle Models with the Lowest and Highest Medical Payment Coverage Claims
Lowest Claim Frequency Highest Claim Frequency
Chevrolet Corvette Mitsubishi Mirage
Audi A4 Allroad Kia Forte
Ford F-250 SuperCrew Chrysler 200
Chevrolet Silverado 2500 Chevrolet Spark
Tesla Model S Dodge Charger
Ford Expedition Hyundai Accent

Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years

Car insurance savings summarized

We've covered a lot of tips how to reduce car insurance premium rates online in Altamonte Springs. It's most important to understand that the more rate quotes you have, the better your chances of lowering your prices. You may even be surprised to find that the best price on car insurance is with the least-expected company. These companies may only write in your state and offer lower prices than their larger competitors like GEICO and State Farm.

Discount car insurance in Altamonte Springs is possible both online as well as from independent agents in Altamonte Springs, so get free Altamonte Springs auto insurance quotes from both of them to have the best chance of lowering rates. There are still a few companies who do not offer rate quotes online and many times these small insurance companies sell through independent agencies.

As you quote Altamonte Springs auto insurance, don't be tempted to buy lower coverage limits just to save a few bucks. In many cases, an insured dropped liability limits or collision coverage and learned later that their decision to reduce coverage ended up costing them more. The aim is to purchase a proper amount of coverage at an affordable rate, not the least amount of coverage.

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