Do you need a fast way to compare lower-priced auto insurance rates in Homestead, FL? Tired of sacrificing to pay your auto insurance bill each month? You have the same problem as many other Florida consumers.

Sad but true, a large majority of drivers in Florida renewed their policy with the same company for over three years, and nearly 40% of drivers have never compared rate quotes at all. With the average premium in the U.S. being $1,847, drivers can save 46.5% each year by just comparing rate quotes, but they just feel it's too hard to find lower-cost insurance by shopping around.

Numerous insurers battle for your insurance dollar, so it can be very hard to choose a provider to discover the definitive best price available on auto insurance.

How to shop insurance online

The majority of larger companies allow you to get price estimates online. Getting quotes doesn't take a lot of time as you just type in your personal and coverage information into the form. Behind the scenes, the company's rating system makes automated requests for your credit score and driving record and returns a price based on the information you submitted. This streamlines rate comparisons, and it's very important to do this if you want to get cheaper prices.

To quickly compare pricing, take a look at the companies shown below. If you have your current policy handy, we recommend you enter deductibles and limits as shown on your current policy. Doing this assures you are getting comparison quotes based on identical coverages.

The companies in the list below are our best choices to provide price quotes in Homestead, FL. If multiple companies are shown, it's highly recommended you visit as many as you can to get a more complete price comparison.

Insurance Costs for Popular Vehicles in Homestead
Make, Model, and Trim Level Annual Policy Premium 6-month Policy Premium Monthly Premium
Chevrolet Equinox LTZ AWD $1,372 $686 $114
Chevrolet Silverado LS Crew Cab 4WD $1,614 $807 $135
Dodge Grand Caravan SXT $1,296 $648 $108
Dodge Ram Crew Cab Laramie 2WD $1,616 $808 $135
Ford Escape XLS 4WD $836 $418 $70
Ford F-150 FX4 Super Cab 4WD $1,518 $759 $127
Ford Focus SES 4-Dr Sedan $1,318 $659 $110
Honda Accord EX-L 2-Dr Coupe $1,906 $953 $159
Honda CR-V EX 4WD $1,284 $642 $107
Honda Civic SI 2-Dr Coupe $1,964 $982 $164
Hyundai Sonata GLS 4-Dr Sedan $1,402 $701 $117
Kia Optima EX $1,332 $666 $111
Mazda 3 S Sport 4-Dr Hatchback $1,328 $664 $111
Nissan Altima 2.5 S 2-Dr Coupe $1,234 $617 $103
Toyota Camry XLE $1,340 $670 $112
Toyota Corolla LE $1,912 $956 $159
Volkswagen Jetta SEL 4-Dr Sedan $1,212 $606 $101
Get Your Own Custom Quote Go

Prices above based on single male driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Florida minimum liability limits. Discounts applied include safe-driver, multi-vehicle, claim-free, homeowner, and multi-policy. Price estimates do not factor in specific Homestead garaging location which can affect auto insurance rates considerably.

Where to set your deductibles

The example below shows how choosing a deductible and can influence Ford Fusion premium costs for each different age group. The information is based on a married female driver, full physical damage coverage, and no discounts are applied.

Ford Fusion rates are for example purposes only. To get rates for your specific vehicle, click here.

Accidents and violations increase rates

The chart below demonstrates how speeding tickets and at-fault collisions impact Hyundai Elantra auto insurance rates for different age categories. The information is based on a single male driver, full coverage, $100 deductibles, and no discounts are applied to the premium.

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

Three reasons to not skimp on auto insurance

Despite the high insurance cost in Homestead, maintaining insurance may be required for several reasons.

The benefits of buying enough insurance more than offset the price you pay, especially with large liability claims. Unknowingly, the average driver is wasting up to $810 a year so it's recommended you shop around each time the policy renews to ensure rates are inline.

Buy cheap auto insurance with these tips

Consumers need to have an understanding of the rating factors that play a part in calculating your policy premiums. If you understand what determines premiums, this enables you to make decisions that could result in lower auto insurance prices.

Get cheaper auto insurance with discounts

Companies that sell car insurance don't necessarily list every disount available in a way that's easy to find, so the list below details a few of the more well known and also the lesser-known discounts that may be available. If they aren't giving you every credit possible, you're just leaving money on the table.Cheaper auto insurance with discounts

Drivers should understand that many deductions do not apply to all coverage premiums. A few only apply to specific coverage prices like comprehensive or collision. Even though it may seem like adding up those discounts means a free policy, that's just not realistic. Any amount of discount will definitely lower the amount you pay for coverage.

For a list of insurers who offer auto insurance discounts in Homestead, click this link.

Shop online but buy locally

Some consumers would rather buy from a local agent and that is a personal choice. An additional benefit of comparing insurance prices online is that drivers can save money and get cheap car insurance quotes and still choose a local agent.

To make it easy to find an agent, after completing this form (opens in new window), your insurance coverage information gets sent to companies in Homestead who will give you bids for your car insurance coverage. There is no need to contact an agency since price quotes are sent to your email. It's the lowest rates without the usual hassles of price shopping. If you have a need to quote rates from one company in particular, feel free to go to their quote page and submit a quote form there.

Choosing an insurance company should include more criteria than just the price. Here are some questions to ask:

Exclusive and independent Homestead auto insurance agents

If you're trying to find local Homestead agents, it helps to know the two different agency structures and how they differ in how they can insure your vehicles. Car insurance agents may be either independent or exclusive depending on the company they work for.

Exclusive Agencies

Exclusive insurance agents generally can only insure with one company like Farmers Insurance or State Farm. Exclusive agents are unable to compare other company's rates so you need to shop around if the rates are high. Exclusive insurance agents are well trained in insurance sales which helps them sell insurance even at higher premiums.

Independent Agents

Agents of this type can quote rates with many companies and that enables them to quote your coverage with an assortment of companies and find you cheaper rates. If prices rise, they simply switch companies in-house and that require little work on your part. When comparing car insurance rates, you absolutely need to compare quotes from a couple of independent agencies so that you have a good selection of quotes to compare.

Insurance losses by coverage

Which are the best vehicles for low claims? The following tables outline the good and bad manufacturer models for likelihood of having to file claims for each type of coverage listed.

Vehicles with the Lowest and Highest Auto Insurance Collision Claims
Lowest Claims Highest Claims
GMC Canyon Bentley Continental Flying Spur
Ford Edge Nissan GT-R
Nissan Xterra Maserati Ghibli
Mini Cooper Audi RS7
Smart ForTwo BMW 6 Series
Chevrolet Colorado Ferrari 458

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

Vehicle Make and Models with the Lowest and Highest Bodily Injury Liability Claims
Lowest Claims Highest Claims
Fiat 500 Chevrolet Impala
Chevrolet Corvette Chevrolet Cruze
Acura MDX Mitsubishi Lancer
Mercedes-Benz SL Class Dodge Charger
Volvo XC60 Chrysler 200
Audi A6 Chevrolet Sonic

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

Medical Payment Claims by Vehicle Model
Lowest Claims Highest Claims
Ford F-350 SuperCrew Dodge Charger
Audi A4 Allroad Mitsubishi Mirage
Chevrolet Corvette Nissan Sentra
Ford F-250 SuperCrew Chevrolet Spark
Chevrolet Silverado 3500 Hyundai Accent
Ford Expedition Nissan Versa

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

Comprehensive Coverage Claims by Vehicle Model
Lowest Claims Highest Claims
Smart ForTwo Porsche Panamera GTS
Chevy Silverado 2500 Bentley Continental GTC
Nissan Xterra Maserati Quattroporte
GMC Sierra 2500 Mercedes-Benz S Class
Nissan Leaf Maserati Granturismo
Chevy Spark BMW M6

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

More quotes mean more insurance savings

You just read some good ideas how you can lower your insurance prices in Homestead. It's most important to understand that the more times you quote, the higher the chance of saving money. You may even be surprised to find that the lowest priced insurance comes from some of the smallest insurance companies. These companies often have lower rates on specific markets than their larger competitors like Allstate or State Farm.

Cheaper insurance in Homestead can be found from both online companies and from local insurance agents, so you should compare both so you have a total pricing picture. A few companies may not offer rates over the internet and these small insurance companies provide coverage only through independent agents.

When buying insurance coverage, it's not a good idea to skimp on coverage in order to save money. There are too many instances where an accident victim reduced full coverage only to regret at claim time that the few dollars in savings costed them thousands. Your strategy should be to purchase a proper amount of coverage at an affordable rate while still protecting your assets.

Additional detailed information can be found at these sites: