How many times have you told yourself it's time to shop around for more competitive auto insurance rates in Winter Springs, FL? Finding more affordable prices for auto insurance is always quite difficult for beginners to quoting coverage rates online. With so many agents and online companies, it can easily turn into a lot of work to find the best prices.
Astonishing but true, nearly 70% of drivers have purchased from the same company for at least four years, and practically 40% of auto insurance customers have never compared rates with other companies. With the average premium in Florida being $2,200, drivers could cut their rates by nearly $1,126 a year just by comparing rates, but they feel it's too difficult to find cheap auto insurance rates.
Consumers need to compare premium rates before your policy renews because rates are usually higher with each renewal. If you had the lowest premium rates on auto insurance a year ago a different company probably has better prices today. Forget all the misinformation about auto insurance because I'm going to teach you the fastest way to find better rates and still maintain coverage.
If you're already insured, you will surely be able to reduce premiums using these methods. Finding quotes for affordable auto insurance coverage in Winter Springs can be fairly easy. But Florida vehicle owners must understand the methods companies use to sell insurance online because rates fluctuate considerably.
Lower the price of car insurance with these tips
Many things are used in the calculation when premium rates are determined. Most are fairly basic like an MVR report, but others are less obvious like where you live and annual miles driven.
Avoid traffic tickets - Only having one speeding ticket may cause rates to rise by as much as thirty percent. Good drivers get better prices as compared to those with violations. Drivers who have gotten license-revoking violations such as hit and run, DWI or reckless driving convictions might be required by their state to file a proof of financial responsibility form (SR-22) with their state's department of motor vehicles in order to continue driving.
Reserve policy claims for larger damages - Auto insurance companies in Florida give cheaper rates to policyholders who do not file claims often. If you're an insured who likes to file claims you can definitely plan on much higher rates or policy non-renewal. Insurance coverage is intended to be relied upon for claims that pose a financial burden.
Consolidate policies with the same company - Lots of insurance companies afford better rates to insureds that have more than one policy such as combining an auto and homeowners policy. The amount of the discounts can be ten percent or more. Even if you're getting this discount it's in your best interest to compare other company rates to make sure you are getting the best deal.
How much liability - The liability section of your policy kicks in when you are found to be at fault for damages caused by your negligence. It provides for a legal defense to attempt to prove you were not liable. This coverage is relatively inexpensive as compared to coverage for physical damage, so insureds should have plenty of protection for their assets.
Do safer cars cost less to insure? - Safer cars cost less to insure. Highly rated vehicles reduce injuries and reduced instances of injuries means less claims paid and thus lower rates.
Insurance rates in urban areas - Living in less populated areas has definite advantages when talking about car insurance. Lower population translates into fewer accidents as well as less vandalism and auto theft. Residents of big cities regularly have more auto accidents and higher rates of accident claims. More time commuting translates into higher accident risk.
Youthful driver insurance prices - Older people are more cautious drivers, tend to cause fewer accidents, and are generally more financially stable.Drivers with little experience are statistically proven to be inattentive when at the wheel of a vehicle therefore car insurance rates are much higher.
Discounts for alarms and GPS tracking - Choosing to buy a car that has a built-in theft deterrent system can earn a premium discount. Theft prevention devices such as vehicle immobilizer systems, OnStar, and tracking devices like LoJack can thwart your vehicle from being stolen.
The fastest way that we advise to get rate comparisons takes advantage of the fact most insurance companies allow for online access to give rate comparisons. All you need to do is give them rating details like how much you drive, your education level, level of coverage desired, and whether you drive to work or school. Your details is then submitted to multiple car insurance providers and they provide comparison quotes instantly to find the best rate.
To find lower rates now, click here and complete the quick form.
The companies shown below are our best choices to provide price comparisons in Winter Springs, FL. To find cheaper auto insurance in Florida, we recommend you get rates from several of them in order to find the most competitive rates.
|Make, Model, and Trim Level||Annual Policy Premium||6-month Policy Premium||Monthly Premium|
|Chevrolet Silverado LT Regular Cab 2WD||$1,714||$857||$143|
|Dodge Grand Caravan SXT||$1,132||$566||$94|
|Dodge Ram Quad Cab Sport 4WD||$1,474||$737||$123|
|Ford Escape XLT 2WD||$1,076||$538||$90|
|Ford F-150 Lariat Crew Cab Harley 4WD||$1,572||$786||$131|
|Ford Focus SES 2-Dr Coupe||$1,478||$739||$123|
|Ford Fusion Sport 4-Dr Sedan||$1,604||$802||$134|
|Honda Accord EX 4-Dr Sedan||$970||$485||$81|
|Honda CR-V LX 2WD||$1,246||$623||$104|
|Honda Civic GX 4-Dr Sedan||$1,480||$740||$123|
|Jeep Wrangler Unlimited Sahara 4WD 4-Dr||$1,192||$596||$99|
|Nissan Altima 2.5 S 4-Dr Sedan||$1,314||$657||$110|
|Toyota Camry Hybrid||$1,502||$751||$125|
|Toyota Corolla XLE||$1,022||$511||$85|
|Toyota Tacoma 2WD||$1,082||$541||$90|
|Get Your Own Custom Quote Go|
Table data represents single male driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and Florida minimum liability limits. Discounts applied include homeowner, safe-driver, claim-free, multi-vehicle, and multi-policy. Table data does not factor in your specific Winter Springs location which can modify price quotes significantly.
Comparison of policy deductibles
The illustration below shows how choosing a deductible and can change Ford Escape insurance costs for each age group. The premiums are based on a single male driver, full coverage, and no discounts are applied to the premium.
Ford Escape rates are for example purposes only. To get rates for your specific vehicle, click here.
Physical damage deductibles
One common question asked by Winter Springs drivers is how high should your deductibles be. The figures shown below can help you visualize the rate fluctuation between low and high deductibles. The first data set uses a $250 comprehensive and collision deductible and the second price table uses a $1,000 deductible.
Toyota Corolla 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|
|Get a Quote for Your Vehicle Go|
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Get a Quote for Your Vehicle Go|
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, homeowner, multi-vehicle, safe-driver, and multi-policy. Premium amounts do not factor in vehicle garaging location which can decrease or increase coverage prices greatly.
We can derive from the above data that using a $250 deductible could cost the average driver approximately $32 more each month or $384 annually than selecting the higher $1,000 deductible. Since you would have to pay $750 more out-of-pocket with a $1,000 deductible as compared to a $250 deductible, if you average more than 23 months between claim filings, you would save money by going with a higher deductible.
Winter Springs insurance premiums for males versus females
The illustration below compares insurance premiums for male and female drivers in Winter Springs. The prices are based on no claims or driving citations, comp and collision included, $250 deductibles, single marital status, and no discounts are factored in on a Ford Escape Limited.
Ford Escape rates are for example purposes only. To get rate quotes for your specific vehicle, click here.
The largest companies are not always cheapest
Progressive, GEICO, Allstate and State Farm constantly bombard you with ads on TV and radio. All the ads try to convey promises that drivers can save some big amount if you switch your auto insurance policy to them. How is it possible that every company can sell you cheaper insurance coverage? Just pay attention to how they say it.
Companies can use profiling for the type of driver that will generate a profit. An example of this type of insured might be described as married and over the age of 30, has other policies, and drives less than 10,000 miles a year. A driver who fits that profile will qualify for the lowest rates in Winter Springs and as a result will probably save when switching.
Insureds who cannot meet the requirements will be quoted higher premium rates and this can result in the prospect going elsewhere. The wording the ads use say "customers that switch" not "all people who quote" save that much money. That's why insurance companies can advertise the savings.
That is why drivers must get Winter Springs car insurance quotes from several different companies. It is impossible to guess which insurance companies will be your best fit.
Auto insurance is an important decision
Despite the high cost of buying insurance in Winter Springs, buying auto insurance is required for several reasons.
First, almost all states have mandatory insurance requirements which means the state requires specific minimum amounts of liability in order to drive the car legally. In Florida these limits are 10/20/10 which means you must have $10,000 of bodily injury coverage per person, $20,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
Second, if you have a lien on your vehicle, almost every bank will make it a condition of the loan that you have comprehensive coverage to ensure the loan is repaid in case of a total loss. If the policy lapses, the lender may insure your vehicle for a lot more money and require you to pay a much higher amount than you were paying before.
Third, auto insurance preserves both your vehicle and your assets. It will also provide coverage for all forms of medical expenses for yourself as well as anyone injured by you. One of the most valuable coverages, liability insurance, also pays expenses related to your legal defense if you are sued as the result of an accident. If you receive damage to your vehicle caused by a storm or accident, collision and comprehensive (also known as other-than-collision) coverage will cover the damage repairs after a deductible is paid.
The benefits of carrying enough insurance more than offset the price you pay, especially for larger claims. The average driver in Florida is currently overpaying as much as $865 each year so it's very important to do a rate comparison each time the policy renews to ensure rates are competitive.
Cheaper rates with these discounts on auto insurance
Auto insurance companies don't always list every discount very clearly, so we researched a few of the more common and also the lesser-known savings tricks you should be using when you buy Winter Springs car insurance online.
- Discount for Passive Restraints - Cars that have air bags or automatic seat belts could see savings of up to 25% or more.
- Auto/Home Discount - If you combine your auto and homeowners policies and place coverage with the same company you could save up to 20% and get you affordable Winter Springs car insurance.
- Winter Springs Homeowners Pay Less - Just owning your own home can earn you a little savings because maintaining a house means you have a higher level of financial diligence.
- Defensive Driver - Taking part in a course that instructs on driving safety can save you 5% or more and make you a better driver.
- Discounts for Federal Employees - Having worked for a branch of the government can earn a discount up to 10% with a few auto insurance companies.
Keep in mind that some credits don't apply to the entire policy premium. Most cut the cost of specific coverages such as physical damage coverage or medical payments. Even though it appears having all the discounts means you get insurance for free, company stockholders wouldn't be very happy. But any discount should definitely cut your auto insurance premiums.
To locate companies who offer auto insurance discounts in Florida, click this link.
When it comes to buying the best car insurance coverage for your vehicles, there really is no cookie cutter policy. Your financial needs are unique so this has to be addressed. For example, these questions may help you determine if you may require specific advice.
- Does coverage extend to Mexico or Canada?
- Why am I required to buy liability insurance?
- What are the liability requirements in my state?
- Does my vehicle need full coverage?
- When does my teenage driver need to be added to my policy?
- Does rental coverage apply when I am renting a car?
- Does coverage extend to a rental car in a foreign country?
- How do I insure my teen driver?
- Will my rates increase for filing one claim?
- At what point should I drop full coverage?
If you can't answer these questions but you think they might apply to your situation, you may need to chat with a licensed agent. To find an agent in your area, take a second and complete this form or you can also visit this page to select a carrier
More comparisons equals affordable rates
Some insurance providers may not offer internet price quotes and usually these regional carriers prefer to sell through independent insurance agencies. Affordable auto insurance in Winter Springs is available from both online companies as well as from independent agents in Winter Springs, and you should compare rates from both to get a complete price analysis.
As you restructure your insurance plan, it's a bad idea to skimp on coverage in order to save money. There are a lot of situations where drivers have reduced physical damage coverage and found out when filing a claim they didn't purchase enough coverage. The proper strategy is to buy the best coverage you can find at the best possible price, but don't skip important coverages to save money.
For more information, link through to these articles:
- Crash Avoidance Technologies FAQ (iihs.org)
- Who Has Cheap Florida Car Insurance Rates for Government Employees? (FAQ)
- Who Has Cheap Florida Car Insurance Rates for a Company Car? (FAQ)
- Who Has Cheap Florida Car Insurance Quotes for Drivers Under 25? (FAQ)
- What Car Insurance is Cheapest for College Graduates in Florida? (FAQ)
- Who Has Affordable Car Insurance Rates for a Nissan Rogue in Florida? (FAQ)
- Pickups fall short in headlight tests (Insurance Institute for Highway Safety)
- What does Personal Injury Protection (PIP) Cover? (Allstate)
- Comprehensive Coverage (Liberty Mutual)
- How Does Hitting a Deer Impact Insurance Rates? (Allstate)