Are you irritated from trying to scrape together enough money to pay high car insurance rates every month? You are no different than the majority of other people in Florida.

Unbelievable but true according to a study nearly 70% of drivers kept buying from the same company for well over three years, and almost half have never shopped around. Lake Worth drivers could pocket approximately 55% a year just by shopping around, but they don't believe the actual amount they would save if they switch to a new company.

People have so many auto insurance companies to buy insurance from, and although it's nice to have a choice, it can be more challenging to find the lowest cost provider.

Companies offering competitive rate quotes in Lake Worth, FL

The companies in the list below provide free quotes in Lake Worth, FL. To locate the best cheap car insurance in Florida, we recommend you click on several of them to find the lowest car insurance rates.

Insurance Rate Estimates for Popular Vehicles in Lake Worth
Make, Model, and Trim Level Annual Policy Premium 6-month Policy Premium Monthly Premium
Chevrolet Silverado LTZ Extended Cab 2WD $1,110 $555 $93
Dodge Grand Caravan Hero $1,432 $716 $119
Dodge Ram Crew Cab ST 4WD $1,936 $968 $161
Ford Escape Limited 4WD $1,038 $519 $87
Ford F-150 Lariat Crew Cab 4WD $1,256 $628 $105
Ford Focus SES 4-Dr Sedan $1,142 $571 $95
GMC Sierra SLE Crew Cab 2WD $1,148 $574 $96
Honda Accord EX 4-Dr Sedan $1,224 $612 $102
Honda CR-V EX 2WD $1,110 $555 $93
Honda Civic DX 2-Dr Coupe $1,614 $807 $135
Honda Odyssey Touring $1,810 $905 $151
Jeep Wrangler Unlimited Sahara 4WD 4-Dr $1,248 $624 $104
Nissan Altima 2.5 S 4-Dr Sedan $1,400 $700 $117
Toyota Camry XLE $1,296 $648 $108
Toyota Corolla XLE $1,022 $511 $85
Toyota Prius $1,208 $604 $101
Get Your Own Custom Quote Go

Data based on married male driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Florida minimum liability limits. Discounts applied include claim-free, safe-driver, multi-vehicle, homeowner, and multi-policy. Premium costs do not factor in the specific area where the vehicle is garaged which can influence premiums noticeably.

Higher deductibles lower rates

The diagram below shows how choosing a deductible and can change Ford Focus insurance costs for each age group. The prices are based on a married male driver, comprehensive and collision coverage, and no discounts are applied.

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

Affordable Lake Worth car insurance rates with discounts

Some companies don't always advertise every discount in a way that's easy to find, so here is a list some of the more common and the more hidden car insurance savings.Discount car insurance

Remember that most credits do not apply to your bottom line cost. Most only reduce specific coverage prices like physical damage coverage or medical payments. So when it seems like you could get a free car insurance policy, you're out of luck.

To locate providers that offer many of these discounts in Florida, click here.

How insurance companies determine car insurance rates

Smart consumers have a good feel for some of the elements that aid in calculating your car insurance rates. If you know what determines base rates, this empowers consumers to make smart changes that can earn you cheaper rates. Multiple criteria are considered when you quote your car insurance policy. Some of the criteria are obvious such as your driving history, although others are more transparent such as your marital status or how safe your car is.

Exclusive and independent car insurance agents

A lot of people prefer to buy from a licensed agent and that can be a great decision The biggest benefit of getting online price quotes is that you can obtain the lowest rates and still have a local agent. Putting coverage with neighborhood agents is still important in Lake Worth.

To find an agent, once you fill out this simple form, the quote information is sent to local insurance agents who will return price quotes for your auto insurance coverage. You don't have to leave your house because prices are sent to you directly. You'll get the best rates AND an agent nearby. If you have a need to compare prices from a specific insurance company, you would need to visit that company's website and fill out their quote form.

Do you need an independent or exclusive auto insurance agent?

When narrowing the list to find a local insurance agency, you should know the types of agencies and how they can quote your rates. Auto insurance agencies may be either independent or exclusive.

Independent Auto Insurance Agents

Agents in the independent channel are not required to write business for one company so as a result can place your coverage through lots of different companies and get you the best rates possible. If you are not satisfied with one company, the business is moved internally and you don't have to switch agencies. When comparing auto insurance prices, you should always get quotes from at least one independent agent so that you can do a thorough price comparison.

Exclusive Agents

Exclusive agents can only provide pricing for a single company and some examples include State Farm or Allstate. They generally cannot provide prices from multiple companies so they are skilled at selling on more than just price. Exclusive agents receive extensive training on their products and sales techniques and that enables them to sell even at higher rates.

Picking an insurance agent requires you to look at more than just the price. These are some questions your agent should answer.

The insurance bait and switch

Big name companies like Progressive, GEICO, Allstate and State Farm continually stream ads on television and other media. They all seem to tend to make the same promise that you can save if you move your insurance policy to them. How does every insurance company claim to save you money? It's all in the numbers.

Different companies have a preferred profile for the type of insured that will be a good risk. One example of a preferred risk might have to be over the age of 45, owns a home, and drives less than 7,500 miles a year. A driver who matches those parameters will probably get cheap rates and is almost guaranteed to save money with a new company.

Drivers who do not fit the "perfect" profile may receive higher rates with the end result being business not being written. The trick companies use is to say "people that switch" not "everyone who quotes" save that kind of money. That is how companies can truthfully make the claims of big savings.

Because of this risk profiling, you should compare as many free Lake Worth auto insurance quotes as you can. It is just not possible to predict which company will have the best insurance in Lake Worth.

Claim statistics by make and model

Which vehicles tend to have high claims? The statistics below list the best and worst vehicles for likelihood of having large claims for each type of coverage listed.

Lowest and Highest Medical Payment Claims by Vehicle
Lowest Claim Amount Highest Claim Amount
Audi A4 Allroad Nissan Versa
Land Rover Range Rover Sport Hyundai Accent
Ford F-250 SuperCrew Mitsubishi Lancer
Tesla Model S Chevrolet Spark
Ford Expedition Kia Forte
Chevrolet Silverado 2500 Chrysler 200

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

Comprehensive Insurance Claims by Vehicle Model
Lowest Claim Amount Highest Claim Amount
Smart ForTwo Bentley Continental GTC
Nissan Leaf BMW M6
Nissan Xterra Maserati Granturismo
Ford F-350 Mercedes-Benz S Class
Chevy Silverado 2500 BMW M6
GMC Sierra 2500 Bentley Continental GT

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

Bodily Injury Liability Claims by Vehicle Make and Model
Lowest Claim Amount Highest Claim Amount
Acura MDX Chevrolet Sonic
Subaru Forester Chevrolet Impala
Fiat 500 Kia Rio
Mercedes-Benz SL Class Mitsubishi Mirage
Audi A6 Dodge Charger
Chevrolet Corvette Chrysler 200

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

Vehicles with the Lowest and Highest Collision Insurance Claims
Lowest Claim Amount Highest Claim Amount
Ford Edge Maserati Granturismo
Smart ForTwo Bently Continental GT
Jeep Wrangler Bently Continental GTC
Ford F-250 SuperCab BMW M6
Mini Cooper Ferrari 458
Ford F-150 SuperCrew BMW 6 Series

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

Cheaper coverage is out there

Cheaper auto insurance in Lake Worth can be purchased from both online companies in addition to many Lake Worth insurance agents, so you need to shop Lake Worth auto insurance with both to have the best chance of lowering rates. Some insurance providers may not have online quoting and most of the time these regional carriers work with independent insurance agencies.

You just learned a lot of techniques to shop for auto insurance online. The most important thing to understand is the more rate comparisons you have, the better your comparison will be. You may even find the most savings is with the least-expected company. They may have significantly lower car insurance rates on certain market segments compared to the large companies like State Farm, GEICO and Nationwide.

When buying insurance coverage, make sure you don't skimp on critical coverages to save a buck or two. Too many times, an accident victim reduced uninsured motorist or liability limits only to find out that the small savings ended up costing them much more. Your aim should be to buy enough coverage at the best possible price, but do not sacrifice coverage to save money.

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