Having to pay for overpriced insurance in Tamarac can stress out your budget and make it impossible to make ends meet. Comparing rates annually is a smart way to slash your bill and have more diposable income.
A recent NerdWallet.com study revealed that the vast majority of consumers kept buying from the same company for over three years, and about 40% of consumers have never compared insurance rates at all. Many consumers in Florida could save $1,126 each year, but they don't want to take the time to go online and compare rates. Popular companies such as State Farm and GEICO promote their brand names with TV and radio ads and consumers find it hard to see past the geckos and flying pigs and effectively compare rates to find the best deal.
Consumers should take time to get comparison quotes before your next renewal since insurance prices tend to go up over time. If you had the best price on insurance on your last policy the chances are good that you can find a lower rate quote today. Block out anything you think you know about insurance because you're going to get a crash course in the tricks you need to know to properly buy coverages and cut your premium.
The majority of larger companies provide price estimates direct online. This process can be done by anyone as you just enter the amount of coverage you want as requested by the quote form. After you complete the form, their system requests your driving record and credit report and generates pricing information based on the information you submitted. The ability to get online quotes helps simplify price comparisons, and it's very important to compare as many rates as possible in order to find the lowest payment possible.
To save time and compare pricing, visit the companies below or click here to submit a quote request to multiple companies at once. To compare your current rates, we recommend you copy deductibles and limits as close as possible to your current policy. This ensures you will be getting comparison quotes using the exact same coverages.
The following companies provide price quotes in Florida. If multiple companies are listed, it's a good idea that you visit as many as you can in order to get a fair rate comparison.
|Make, Model, and Trim Level||Annual Policy Premium||6-month Policy Premium||Monthly Premium|
|Chevrolet Equinox LS 2WD||$1,224||$612||$102|
|Chevrolet Silverado LS Crew Cab 4WD||$1,328||$664||$111|
|Dodge Grand Caravan SXT||$1,298||$649||$108|
|Dodge Ram Crew Cab Laramie 4WD||$2,020||$1,010||$168|
|Ford Escape XLS 4WD||$914||$457||$76|
|Ford Explorer XLT AWD||$1,054||$527||$88|
|Ford F-150 Lariat King Ranch 2WD||$1,158||$579||$97|
|Ford Focus S 4-Dr Sedan||$1,414||$707||$118|
|Honda Accord EX 2-Dr Coupe||$1,410||$705||$118|
|Honda CR-V LX 2WD||$836||$418||$70|
|Honda Civic EX 2-Dr Coupe||$1,552||$776||$129|
|Hyundai Elantra GLS 4-Dr Sedan||$1,520||$760||$127|
|Jeep Grand Cherokee SRT-8 4WD||$1,250||$625||$104|
|Mazda 3 S Grand Touring 4-Dr Sedan||$1,402||$701||$117|
|Nissan Altima 2.5 S 4-Dr Sedan||$1,186||$593||$99|
|Toyota Camry Hybrid||$1,444||$722||$120|
|Toyota Corolla LE||$1,042||$521||$87|
|Get Your Own Custom Quote Go|
Data based on married female driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Florida minimum liability limits. Discounts applied include safe-driver, multi-vehicle, homeowner, multi-policy, and claim-free. Information does not factor in specific zip code location which can raise or lower coverage rates substantially.
A question often asked by Tamarac drivers is how high should your deductibles be. The comparisons below highlight the difference in cost of buying low and high comp and collision deductibles. The first set of rates uses a $100 deductible for comp and collision and the second set of prices uses a $500 deductible.
Nissan Sentra 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|
|Sentra 2.0 S||$312||$764||$418||$24||$124||$1,667||$139|
|Sentra 2.0 SR||$312||$764||$418||$24||$124||$1,667||$139|
|Sentra 2.0 SL||$358||$764||$418||$24||$124||$1,713||$143|
|Sentra SE-R SPEC V||$358||$880||$418||$24||$124||$1,829||$152|
|Get a Quote for Your Vehicle Go|
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Sentra 2.0 S||$228||$516||$418||$24||$124||$1,310||$109|
|Sentra 2.0 SR||$228||$516||$418||$24||$124||$1,310||$109|
|Sentra 2.0 SL||$262||$516||$418||$24||$124||$1,344||$112|
|Sentra SE-R SPEC V||$262||$594||$418||$24||$124||$1,422||$119|
|Get a Quote for Your Vehicle Go|
Cost estimates assume married male driver age 30, no speeding tickets, no at-fault accidents, and Florida minimum liability limits. Discounts applied include safe-driver, homeowner, multi-vehicle, multi-policy, and claim-free. Price information does not factor in specific Tamarac garaging location which can affect insurance rates noticeably.
Based on these figures, using a $100 deductible will cost in the ballpark of $30 more each month or $360 annually than quoting the higher $500 deductible. Since you would have to pay $400 more to settle a claim with a $500 deductible as compared to a $100 deductible, if you normally go at a minimum 13 months between claim filings, you would probably come out ahead by selecting a higher deductible.
How to decide to raise your deductibles
|Average monthly premium for $100 deductibles:||$141|
|Average monthly premium for $500 deductibles (subtract):||- $111|
|Monthly savings from raising deductible:||$30|
|Difference between deductibles ($500 - $100):||$400|
|Divide difference by monthly savings:||$400 / $30|
|Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible||13 months|
One big caveat is that raising deductibles to save money results in having to pay to pay more out-of-pocket when you file a claim. You must have some savings in the bank in the event you have to pay the higher deductible in order to repair your vehicle.
Premiums by gender and age
The diagram below visualizes the comparison of insurance prices for male and female drivers in Tamarac. The information is based on no violations or accidents, full coverage, $100 deductibles, single marital status, and no additional discounts are factored in on a Nissan Altima 3.5 SR.
Nissan Altima rates are for example purposes only. To get rate quotes for your specific vehicle, click here.
Save money by taking advantage of discounts
Car insurance is not cheap, but companies offer discounts that can help lower your rates. Most are applied at the time of quoting, but some may not be applied and must be specially asked for before you will receive the discount.
- Passive Restraints and Air Bags - Factory options such as air bags may qualify for discounts of more than 20%.
- Military Discounts - Having a deployed family member could mean lower rates.
- Pay Early and Save - If you pay your entire premium ahead of time rather than paying monthly you can avoid monthly service charges.
- Home Ownership Discount - Owning a house in Tamarac can get you a discount because it means you have a higher level of financial diligence.
- More Vehicles More Savings - Purchasing coverage when you have multiple cars or trucks with one company can reduce rates for all insured vehicles.
- Discount for Life Insurance - Select insurance carriers reward you with a discount if you purchase auto and life insurance together.
- Discounts for Seat Belt Usage - Drivers who require all occupants to fasten their seat belts could cut 10% or more on the medical payments or PIP coverage costs.
You can save money using discounts, but many deductions do not apply to all coverage premiums. A few only apply to the price of certain insurance coverages like collision or personal injury protection. So despite the fact that it appears having all the discounts means you get insurance for free, companies wouldn't make money that way.
Companies and their offered discounts are detailed below.
- State Farm has savings for accident-free, Drive Safe & Save, Steer Clear safe driver discount, multiple autos, multiple policy, and passive restraint.
- Liberty Mutual offers discounts including new move discount, multi-car, teen driver discount, safety features, hybrid vehicle, and multi-policy.
- American Family may include discounts for Steer into Savings, multi-vehicle, good student, air bags, mySafetyValet, bundled insurance, and accident-free.
- Progressive discounts include online signing, continuous coverage, homeowner, good student, multi-policy, and multi-vehicle.
- Farmers Insurance policyholders can earn discounts including teen driver, mature driver, youthful driver, alternative fuel, bundle discounts, and good student.
- Auto-Owners Insurance may offer discounts for anti-theft, paid in full, good student, multiple vehicles, company car, group or association, and air bags.
- SAFECO has discounts for safe driver, anti-theft, homeowner, multi-car, and accident prevention training.
If you need lower rates, check with each company which discounts you qualify for. Some discounts may not apply in every state.
Find cheap auto insurance with these tips
Part of the auto insurance buying process is learning some of the factors that go into determining your premiums. When consumers understand what positively or negatively impacts your premiums, this allows you to make good choices that can help you get big savings. Many things are part of the calculation when you quote your car insurance policy. Some of the criteria are obvious like your driving record, but others are more transparent such as your credit history or your financial responsibility.
Rates can be impacted by your vocation - Did you know your career choice can influence rates? Careers such as real estate brokers, business owners and dentists tend to pay higher premium rates because of job stress and extremely grueling work hours. On the flip side, careers such as actors, historians and homemakers generally pay rates lower than average.
Extra coverages can cost a lot - There are many extra add-on coverages that may not really be needed on your auto insurance policy. Insurance for vanishing deductibles, high-cost glass coverage, and membership fees could be just wasting money. These may sound like a good investment when talking to your agent, but now you might not need them so think about removing them and cutting costs.
More people means more accidents - Having an address in areas with lower population can be a good thing when talking about auto insurance. Less people means fewer accidents and also fewer theft and vandalism claims. City drivers have more auto accidents and a longer drive to work. More time on the road means more chance of being in an accident.
Never have auto insurance lapses - Having a gap between insurance policy dates is a quick way to trigger a rate increase. In addition to paying higher premiums, being ticketed for driving with no insurance will get you a hefty fine and possibly a revoked license.
Older drivers pay less - Older, more experienced drivers are viewed as being more responsible, file fewer claims, and tend to be get fewer driving tickets.Inexperience drivers are known to be easily distracted when driving so they pay higher auto insurance rates.
Better premiums with anti-theft devices - Choosing a vehicle with anti-theft technology or alarm system can help bring down rates. Theft prevention devices such as OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems can thwart auto theft and help lower rates.
High credit scores equal low rates - Credit rating is a big factor in determining premium rates. Insureds with high credit ratings tend to be better risks to insure as compared to drivers with lower credit scores. Therefore, if your credit history leaves room for improvement, you could be paying less to insure your vehicle if you improve your credit rating.
Safer cars save money - Cars with high safety ratings are cheaper to insure. Highly rated vehicles reduce occupant injuries and better occupant protection translates into fewer and smaller insurance claims which can result in lower premiums.
Insurance agencies can help
Certain consumers still prefer to buy from a local agent and doing that can be a smart decision Experienced insurance agents are trained to spot inefficiencies and help file insurance claims. The best thing about getting free rate quotes online is you can get cheap rate quotes and still have an agent to talk to.
Upon completion of this form (opens in new window), your coverage information is sent to insurance agents in Tamarac that can give you free Tamarac auto insurance quotes to get your business. You don't have to contact an agency since price quotes are sent immediately to your email address. In the event you want to quote rates from a specific insurance company, you just need to search and find their rate quote page and complete a quote there.
Picking an provider should include more criteria than just a cheap price. The following questions are important to ask.
- Is vehicle damage repaired with OEM or aftermarket parts?
- Is auto insurance their primary focus in Tamarac?
- If your car is in the repair shop, do you have coverage for a rental car?
- Is the agent and/or agency licensed to do business in Florida?
- Does the company have a local claim office in Tamarac?
- How long have they been in business?
Exclusive and independent Tamarac auto insurance agents
When finding a local agent, it's helpful to know the types of insurance agents and how they operate. Auto insurance policy providers are considered either independent agents or exclusive agents. Either one can do a good job, but it is a good idea to know the differences since it could factor into your agent selection.
Exclusive Insurance Agents
Exclusive agencies can only provide one company's prices such as State Farm, Allstate, or Farmers Insurance. Exclusive agents are unable to place coverage with different providers so they really need to provide good service. Exclusive agencies are trained well on the products they sell which can be an advantage.
Independent Auto Insurance Agents
Independent insurance agents are not restricted to one company and that allows them to write policies amongst many companies and potentially find a lower price. If your agent finds better pricing, your policy is moved internally and you don't have to find a new agent. If you are trying to find cheaper rates, we recommend you include rate quotes from at least one independent agent to maximize your price options.
Which policy gives me the best coverage?
When choosing the right insurance coverage for your vehicles, there isn't really a one-size-fits-all type of policy. Each situation is unique.
Here are some questions about coverages that could help you determine if your insurance needs would benefit from professional advice.
- What is the premium to book value ratio for dropping full coverage?
- When can my company non-renew my policy?
- Why is insurance for a teen driver so high in Tamarac?
- Does medical payments coverage apply to all occupants?
- Do I need rental car coverage?
- If my vehicle is totaled, can I afford another vehicle?
- What is the difference between personal and commercial auto insurance policies?
- Is there coverage for injuries to my pets?
If you don't know the answers to these questions but a few of them apply, then you may want to think about talking to an agent. If you want to speak to an agent in your area, simply complete this short form. It only takes a few minutes and can help protect your family.
One last thing about your coverage
We've covered many tips how you can find cheaper coverage online. The key thing to remember is the more rate comparisons you have, the better your comparison will be. You may even discover the best auto insurance rates are with a lesser-known regional company.
When searching for cheap Tamarac auto insurance quotes, do not buy less coverage just to save a little money. There are too many instances where an insured dropped liability limits or collision coverage and discovered at claim time that the few dollars in savings costed them thousands. Your objective should be to purchase a proper amount of coverage at the best cost, but do not skimp to save money.
Discount car insurance in Tamarac is attainable on the web and from local agencies, so you need to shop Tamarac auto insurance with both in order to have the best chance of saving money. Some companies don't offer online quoting and these regional carriers work with local independent agencies.
To read more, take a look at the articles below:
- Auto Insurance Basics (Insurance Information Institute)
- New vehicle ratings focus on headlights (Insurance Institute for Highway Safety)
- If I File a Claim will My Insurance Go Up? (Insurance Information Institute)
- What Determines the Price of My Auto Insurance Policy? (Insurance Information Institute)
- Uninsured Motorist Statistics (Insurance Information Institute)