Do you want to save money by buying the cheapest insurance rates in Palmetto Bay, FL? Palmetto Bay consumers have options when looking for the lowest priced car insurance. You can either waste hours contacting agents getting price quotes or leverage the internet to make rate comparisons. There is a right way and a wrong way to buy insurance so you're going to learn the quickest way to quote coverages for a new or used and get the cheapest rates.
Smart consumers take time to do rate comparisons before your next renewal because prices change regularly. Despite the fact that you may have had the lowest rates on insurance a couple years back you may be paying too much now. Forget all the misinformation about insurance because it's time to teach you one of the best ways to save on insurance.
Get cheaper auto insurance with discounts
Auto insurance is easily one of your largest bills, but there are discounts available to cut the cost considerably. A few discounts will automatically apply when you complete an application, but once in a while a discount must be manually applied prior to receiving the credit.
- Low Mileage - Maintaining low annual mileage may allow you to get better premium rates on cars that stay parked.
- Employee of Federal Government - Active or former government employment could provide a small rate reduction with certain companies.
- Membership in Organizations - Belonging to qualifying clubs or civic groups could qualify you for a break on your next renewal.
- Data Collection Discounts - Palmetto Bay drivers who agree to allow their company to monitor driving manner by using a small device installed in their vehicle such as In-Drive from State Farm or Allstate's Drivewise system might see lower rates as long as the data is positive.
- Air Bags and Passive Restraints - Vehicles equipped with air bags or automatic seat belts may qualify for discounts of 20% or more.
It's important to note that most discount credits are not given to the overall cost of the policy. Most cut individual premiums such as medical payments or collision. Just because it seems like you can get free auto insurance, you aren't that lucky.
If you would like to view auto insurance companies who offer auto insurance discounts in Florida, click this link.
The fastest way that we advise to compare car insurance company rates utilizes the fact almost all companies actually pay money for the chance to provide you with a free rate quote. All consumers are required to do is take a few minutes to give details such as how much education you have, your job, the year, make and model of vehicles, and driver ages. That rating data is instantly submitted to many different companies and they return rate quotes within a short period of time.
To compare multiple company rates now, click here and find out if lower rates are available in Palmetto Bay.
The auto insurance companies shown below offer comparison quotes in Palmetto Bay, FL. To find cheaper car insurance in Florida, it's highly recommended you get rate quotes from several of them in order to find the most affordable rates.
|Make, Model, and Trim Level||Annual Policy Premium||6-month Policy Premium||Monthly Premium|
|Chevrolet Silverado LS Regular Cab 4WD||$1,178||$589||$98|
|Dodge Grand Caravan SE||$1,034||$517||$86|
|Dodge Ram Crew Cab Sport 4WD||$1,334||$667||$111|
|Ford Escape XLS 4WD||$1,374||$687||$115|
|Ford F-150 SVT Raptor Super Cab 4WD||$1,514||$757||$126|
|Ford Focus SEL 4-Dr Sedan||$1,142||$571||$95|
|Ford Fusion S 4-Dr Sedan||$1,792||$896||$149|
|Honda Accord LX 4-Dr Sedan||$934||$467||$78|
|Honda CR-V EX 4WD||$1,440||$720||$120|
|Honda Civic VP 4-Dr Sedan||$1,140||$570||$95|
|Kia Optima LX||$1,496||$748||$125|
|Mazda 3 S Sport 4-Dr Sedan||$1,604||$802||$134|
|Nissan Altima 3.5 SR 4-Dr Sedan||$1,512||$756||$126|
|Toyota Camry Hybrid||$1,312||$656||$109|
|Toyota Corolla XRS||$1,250||$625||$104|
|Toyota RAV4 Limited 2WD||$1,232||$616||$103|
|Get Your Own Custom Quote Go|
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 multi-policy, safe-driver, multi-vehicle, claim-free, and homeowner. Table data does not factor in specific garaging location which can raise or lower premium rates noticeably.
Can higher deductibles save money?
One common question asked by Palmetto Bay drivers is how high should your deductibles be. The comparisons below may help you to understand the cost difference when you choose different physical damage deductibles. The first set of rates uses a $250 physical damage coverage deductible and the second price table uses a $1,000 deductible.
GMC Acadia 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|
|Acadia SL 2WD||$280||$446||$418||$24||$124||$1,317||$110|
|Acadia SL AWD||$322||$446||$418||$24||$124||$1,359||$113|
|Acadia SLE 2WD||$322||$446||$418||$24||$124||$1,359||$113|
|Acadia SLE AWD||$322||$544||$418||$24||$124||$1,457||$121|
|Acadia SLT 2WD||$322||$544||$418||$24||$124||$1,457||$121|
|Acadia SLT AWD||$364||$544||$418||$24||$124||$1,499||$125|
|Get a Quote for Your Vehicle Go|
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Acadia SL 2WD||$174||$280||$418||$24||$124||$1,020||$85|
|Acadia SL AWD||$200||$280||$418||$24||$124||$1,046||$87|
|Acadia SLE 2WD||$200||$280||$418||$24||$124||$1,046||$87|
|Acadia SLE AWD||$200||$342||$418||$24||$124||$1,108||$92|
|Acadia SLT 2WD||$200||$342||$418||$24||$124||$1,108||$92|
|Acadia SLT AWD||$224||$342||$418||$24||$124||$1,132||$94|
|Get a Quote for Your Vehicle Go|
Price 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-policy, homeowner, multi-vehicle, and claim-free. Table data does not factor in the specific area where the vehicle is garaged which can alter coverage prices greatly.
We can estimate from the data above that using a $250 deductible would cost the average driver about $27 more each month or $324 a year than requesting the higher $1,000 deductible. Since you would have to pay $750 more to settle a claim with a $1,000 deductible as compared to a $250 deductible, if you normally average more than 28 months between claim filings, you would save money by selecting a higher deductible. The table below illustrates an example of how we made this calculation.
|Average monthly premium for $250 deductibles:||$117|
|Average monthly premium for $1,000 deductibles (subtract):||- $90|
|Monthly savings from raising deductible:||$27|
|Difference between deductibles ($1,000 - $250):||$750|
|Divide difference by monthly savings:||$750 / $27|
|Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible||28 months|
Tailor your insurance coverage to you
When choosing coverage online or from an agent, there really isn't a "perfect" insurance plan. Your needs are not the same as everyone else's so your insurance needs to address that. These are some specific questions can help discover whether your personal situation will benefit from professional help.
- When should I remove comp and collision on my vehicle?
- When should I remove my kid from my policy?
- Does my medical payments coverage pay my health insurance deductible?
- Am I covered if hit by an uninsured driver?
- How much will a speeding ticket raise my rates?
- When would I need additional glass coverage?
- How does medical payments coverage work?
If it's difficult to answer those questions but a few of them apply, you may need to chat with an agent. To find an agent in your area, complete this form or click here for a list of insurance companies in your area. It only takes a few minutes and can help protect your family.
Insurance coverages and their meanings
Understanding the coverages of insurance can help you determine the right coverages for your vehicles. The terms used in a policy can be impossible to understand and reading a policy is terribly boring. Below you'll find the usual coverages found on the average insurance policy.
Uninsured or Underinsured Motorist coverage gives you protection when the "other guys" either have no liability insurance or not enough. Covered claims include injuries to you and your family and damage to your vehicle.
Since a lot of drivers only carry the minimum required liability limits (Florida limits are 10/20/10), their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage should not be overlooked.
Medical costs insurance
Medical payments and Personal Injury Protection insurance kick in for immediate expenses like X-ray expenses, dental work and nursing services. They are often used to fill the gap from your health insurance program or if you are not covered by health insurance. It covers you and your occupants as well as any family member struck as a pedestrian. PIP is only offered in select states but can be used in place of medical payments coverage
Comprehensive or Other Than Collision
This covers damage from a wide range of events other than collision. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive insurance covers things like hitting a bird, falling objects, vandalism and damage from getting keyed. The most a insurance company will pay at claim time is the market value of your vehicle, so if it's not worth much more than your deductible it's probably time to drop comprehensive insurance.
This can cover damage or injury you incur to other's property or people by causing an accident. It protects you against other people's claims. Liability doesn't cover your injuries or vehicle damage.
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 values of 10/20/10 which stand for $10,000 bodily injury coverage, $20,000 for the entire accident, and $10,000 of coverage for damaged property.
Liability can pay for things such as medical expenses, funeral expenses and bail bonds. How much liability should you purchase? That is a personal decision, but buy higher limits if possible. Florida requires drivers to carry at least 10/20/10 but drivers should carry more liability than the minimum.
This coverage will pay to fix damage to your vehicle caused by collision with another vehicle or an object, but not an animal. A deductible applies and the rest of the damage will be paid by collision coverage.
Collision coverage pays for things like scraping a guard rail, crashing into a ditch and sideswiping another vehicle. This coverage can be expensive, so consider removing coverage from lower value vehicles. You can also choose a higher deductible in order to get cheaper collision rates.
Frequent quotes can save
Budget-conscious car insurance is definitely available on the web as well as from insurance agents, so you should compare both so you have a total pricing picture. Some insurance providers do not provide the ability to get a quote online and usually these smaller providers prefer to sell through independent agencies.
You just read many ways to shop for car insurance online. The key concept to understand is the more you quote Palmetto Bay auto insurance, the more likely it is that you will get a better rate. You may even discover the best rates are with the smaller companies. They can often insure niche markets at a lower cost as compared to the big name companies such as Progressive or GEICO.
When shopping online for car insurance, it's a bad idea to buy lower coverage limits just to save a few bucks. There are many occasions where an insured dropped liability coverage limits and found out when filing a claim that it was a big mistake. The goal is to purchase plenty of coverage at the best cost, not the least amount of coverage.
Additional information is available below:
- Warning systems don't curb driver distraction (Insurance Institute for Highway Safety)
- What is the Best Cheap Auto Insurance in Miami Gardens, FL? (FAQ)
- What is the Best Auto Insurance in Clearwater, FL? (FAQ)
- Who Has Affordable Auto Insurance for a GMC Sierra in Florida? (FAQ)
- What Auto Insurance is Cheapest in Cape Coral, Florida? (FAQ)
- What is the Cheapest Car Insurance in Coral Springs, FL? (FAQ)
- Rental Reimbursement Coverage (Allstate)
- Red Light Cameras (State Farm)