Did a good deal turn into overpriced car insurance? It's quite common and many Palm Coast consumers are in the same pinch.

Amazingly, a recent NerdWallet.com study showed that most car insurance policyholders in Florida have remained with the same car insurance company for a minimum of four years, and roughly 40% of drivers have never even compared rates from other companies. American consumers can save hundreds of dollars each year by just comparing rate quotes, but they don't believe how much they could save if they switched to a more affordable policy.

Because there are so many companies and agents to choose from, it's nearly impossible to pick a lower cost car insurance provider.

You should make it a habit to quote other rates periodically since insurance prices are constantly changing. If you had the best quotes on car insurance a few years ago there may be better deals available now. There is a lot of wrong information about car insurance online but in this article, you're going to get some solid techniques on how to lower your car insurance rates in Palm Coast.

Buying the cheapest car insurance in Palm Coast seems hard but is not really that difficult. In essence, each driver who is required to buy car insurance will find a better price. Nevertheless, Florida car owners benefit from understanding the way insurance companies determine premium rates because rates fluctuate considerably.

Companies offering cheap rate quotes in Florida

The companies shown below provide free quotes in Palm Coast, FL. If the list has multiple companies, we recommend you compare several of them to get the best price comparison.

Insurance Price Estimates for Popular Vehicles in Palm Coast
Make, Model, and Trim Level Annual Policy Premium 6-month Policy Premium Monthly Premium
Chevrolet Colorado LT Crew Cab 2WD $970 $485 $81
Chevrolet Equinox LTZ AWD $1,212 $606 $101
Chevrolet Impala LS $1,414 $707 $118
Chevrolet Silverado LS Regular Cab 4WD $1,068 $534 $89
Dodge Ram Quad Cab ST 4WD $1,796 $898 $150
Ford Edge SEL 2WD $1,200 $600 $100
Ford Escape XLS 2WD $1,400 $700 $117
Ford F-150 XL Regular Cab 2WD $962 $481 $80
Ford Focus SES 2-Dr Coupe $1,482 $741 $124
Ford Fusion SEL 4-Dr Sedan $1,604 $802 $134
Honda Accord LX 4-Dr Sedan $1,062 $531 $89
Honda CR-V LX 2WD $1,054 $527 $88
Honda Civic Hybrid 4-Dr Sedan $1,346 $673 $112
Jeep Grand Cherokee Limited 4WD $1,372 $686 $114
Mazda 3 I Touring 4-Dr Sedan $1,022 $511 $85
Nissan Altima Hybrid 4-Dr Sedan $1,192 $596 $99
Toyota Camry LE $1,232 $616 $103
Toyota Corolla S $1,528 $764 $127
Toyota Prius $1,590 $795 $133
Volkswagen Jetta S 2.5 Station Wagon $1,022 $511 $85
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Prices above based on 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, claim-free, homeowner, and multi-vehicle. Premium amounts do not factor in vehicle garaging location which can influence premiums greatly.

Impact of careless driving on auto insurance rates

The illustration below demonstrates how speeding tickets and at-fault collisions impact GMC Acadia car insurance rates for each age group. The premiums assume a single male driver, comp and collision included, $100 deductibles, and no discounts are applied to the premium.

GMC Acadia rates are for example purposes only. To get rates for your specific vehicle, click here.

Rate comparison for different deductibles

When buying auto insurance, a common question is which deductibles should you choose. The rates shown below approximate the differences in price when you select higher and lower coverage deductibles. The first rate comparisons uses a $100 comprehensive and collision deductible and the second data table uses a $500 deductible.

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

Honda Accord insurance prices with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Accord LX 4-Dr Sedan $312 $532 $354 $20 $106 $1,349 $112
Accord LX 4-Dr Sedan $312 $532 $354 $20 $106 $1,349 $112
Accord EX 4-Dr Sedan $312 $532 $354 $20 $106 $1,349 $112
Accord LX-P 4-Dr Sedan $312 $532 $354 $20 $106 $1,349 $112
Accord LX-P 4-Dr Sedan $312 $532 $354 $20 $106 $1,349 $112
Accord EX-L 4-Dr Sedan $358 $648 $354 $20 $106 $1,511 $126
Accord EX 2-Dr Coupe $358 $764 $472 $28 $142 $1,789 $149
Accord LX-S 2-Dr Coupe $358 $764 $472 $28 $142 $1,789 $149
Accord EX-L 2-Dr Coupe $406 $764 $472 $28 $142 $1,837 $153
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Honda Accord insurance prices 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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Table data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Florida minimum liability limits. Discounts applied include safe-driver, multi-vehicle, claim-free, multi-policy, and homeowner. Rate quotes do not factor in specific zip code location which can lower or raise coverage prices significantly.

Based on the data above, we can derive that using a $100 deductible costs about $26 more each month or $312 a year than selecting the higher $500 deductible. Since you would have to pay $400 more to file a claim with a $500 deductible as compared to a $100 deductible, if you have at a minimum 15 months between claim filings, you would probably save some money if you elect the higher deductible. The table below shows how this calculation is made.

Average monthly premium for $100 deductibles: $126
Average monthly premium for $500 deductibles (subtract): - $100
Monthly savings from raising deductible: $26
Difference between deductibles ($500 - $100): $400
Divide difference by monthly savings: $400 / $26
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 15 months

One thing to note is that increasing deductibles to lower your rates results in a higher out-of-pocket expense when you have a physical damage claim. You need to make sure you have a higher level of savings in order to pay the deductible for vehicle repair.

Discounts mean cheaper rates

Insurance is not cheap nor is it fun to buy but companies offer discounts to cut the cost considerably. Some of these discounts will be visible when you quote, but once in a while a discount must be requested specifically prior to getting the savings.Cheaper insurance with discounts

It's important to note that most discounts do not apply to all coverage premiums. The majority will only reduce the cost of specific coverages such as physical damage coverage or medical payments. So when the math indicates you could get a free insurance policy, it doesn't quite work that way. But all discounts will definitely lower the amount you have to pay.

Companies and some of the discounts are detailed below.

When quoting, ask every company what discounts are available to you. Savings may not apply to policyholders in Palm Coast. To see insurance companies who offer online insurance quotes in Florida, click this link.

Palm Coast insurance rates are influenced by these factors

Many factors are used when you get a price on insurance. Some of the criteria are obvious such as your driving record, but others are not as apparent such as your credit history or your vehicle rating. An important part of buying insurance is that you know the different types of things that are used to determine the level of your policy premiums. When consumers understand what determines base rates, this empowers consumers to make smart changes that may result in cheaper rates.

Your location is important - Choosing to live in less populated areas of the country may provide you with better prices if you are looking for the lowest rates. Residents of big cities have to deal with more traffic problems and more severe claims. Fewer drivers on the road translates into fewer accidents and a lower car theft rate.

Your employer and insurance rates - Jobs like military personnel, business owners and stock brokers are shown to have the highest rates attributed to intense work situations and long work days. On the flip side, careers like farmers, athletes and homemakers generally pay rates lower than average.

Older drivers pay less - More experienced drivers have been proven to be more responsible, tend to file fewer claims, and are safer drivers.Beginning drivers are proven to get distracted easily when at the wheel of a vehicle and because of this, their insurance rates are much higher.

Gals pay lower costs - Over the last 30 years, statistics show that women are safer drivers than men. However, don't assume that females are better at driving than males. Both genders tend to get into at-fault accidents in similar numbers, but men have costlier accidents. They also have more aggressive citations such as driving while intoxicated (DWI) or driving recklessly.

Poor credit can mean higher premiums - Having a bad credit score can be an important factor in calculating your premium rate. If your credit history is not that good, you could pay less to insure your vehicle by improving your rating. Insureds that have high credit ratings tend to be better risks to insure than those with poor credit scores.

Choose high safety ratings and save - Vehicles with high crash test scores get lower rates. These vehicles reduce injuries and any reduction in injury severity means lower claim amounts passed on to you as lower rates.

Your car insurance coverage should be tailored to you

When it comes to proper insurance coverage, there really is no cookie cutter policy. Every insured's situation is different.Higher deductibles save money

For instance, these questions may help you determine if your situation might need an agent's assistance.

If you don't know the answers to these questions then you might want to talk to an insurance agent. If you want to speak to an agent in your area, take a second and complete this form.

Buying from auto insurance agents

A small number of people just want to get professional advice from a licensed agent and we recommend doing that A nice benefit of comparing insurance prices online is you may find cheap car insurance rates and also buy local.

To make it easy to find an agent, after completing this form (opens in new window), your insurance data is transmitted to insurance agents in Palm Coast who will gladly provide quotes for your insurance coverage. It makes it easy because there is no need to visit any agencies due to the fact that quote results will go to you directly. You can get cheaper car insurance rates and work with a local agent. If you want to get a price quote from one company in particular, don't hesitate to go to their quote page and fill out the quote form the provide.

Finding the right company is decision based upon more than just the quoted price. Any agent in Palm Coast should have no problem answering these questions:

Can you really save if you switch?

Big name companies like 21st Century, Allstate and State Farm continually stream television, radio, and online ads. They all seem to make an identical promise that you can save if you move to them. Is it even possible that every company can charge less that you're paying now? This is the way they can do it.

Insurance companies can use profiling for the right customer that makes them money. An example of a preferred risk could possibly be between 30 and 50, has never had a claim, and chooses high deductibles. A driver who matches those parameters will most likely get cheap car insurance rates and will also save when they switch companies.

Potential insureds who do not meet the "perfect" profile may be required to pay higher premiums and business not being written. If you pay close attention to the ads, they say "drivers that switch" not "all people who quote" save the amount stated. That is how companies can truthfully lure you into getting a quote. This illustrates why you really need to compare price quotes frequently. It's just not possible to know which company will have the best auto insurance in Palm Coast.

Car insurance overall losses by make and model

Are you driving a vehicle that ranks high in claims? The following tables show the highest and lowest vehicle models for the probability of having large claims for each type of coverage listed.

Vehicles with the Lowest and Highest Medical Payment Coverage Claims
Lowest Claims Highest Claims
Chevrolet Silverado 3500 Mitsubishi Mirage
Ford F-350 SuperCrew Hyundai Accent
Tesla Model S Chrysler 200
Ford F-250 SuperCrew Dodge Charger
Chevrolet Corvette Nissan Sentra
Audi A4 Allroad Kia Forte

Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Lowest and Highest Liability Coverage Claims by Vehicle Model
Lowest Claims Highest Claims
Mercedes-Benz SL Class Mitsubishi Lancer
Audi A6 Chevrolet Sonic
Chevrolet Corvette Dodge Charger
Acura MDX Chevrolet Impala
Volvo XC60 Chevrolet Cruze
Fiat 500 Chrysler 200

Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Vehicles with the Lowest and Highest Comprehensive Insurance Claims
Lowest Claims Highest Claims
Chevy Spark Porsche Panamera GTS
Chevy Silverado 2500 Bentley Continental GTC
Smart ForTwo BMW M6
Ford F-350 Maserati Quattroporte
Infiniti QX50 BMW M6
Nissan Leaf Mercedes-Benz S Class

Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Collision Claims by Vehicle Make and Model
Lowest Claims Highest Claims
GMC Canyon Nissan GT-R
Ford F-250 SuperCab Maserati Ghibli
Jeep Wrangler Audi RS7
Chevrolet Colorado BMW M6
Smart ForTwo Bently Continental GTC
Ford F-150 SuperCrew Maserati Granturismo

Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Don't give up on affordable coverage

Throughout this article, we presented a lot of tips how to compare auto insurance car insurance rates in Palm Coast. It's most important to understand that the more quotes you get, the better chance you'll have of finding affordable Palm Coast auto insurance quotes. Drivers may even discover the best price on auto insurance is with some of the smallest insurance companies.

People leave their current company for a number of reasons such as policy non-renewal, poor customer service, being labeled a high risk driver and even an unsatisfactory settlement offer. Regardless of your reason for switching companies, switching companies can be pretty painless.

When searching for low cost Palm Coast auto insurance quotes, it's not a good idea to skimp on critical coverages to save a buck or two. Too many times, someone sacrificed collision coverage and learned later that it was a big error on their part. The goal is to purchase plenty of coverage at the lowest possible cost and still be able to protect your assets.

More information can be found on the following sites: