Scraping up a payment for expensive auto insurance in Tallahassee can deplete your checking account, especially in this economy. Comparing price quotes can help to lower your monthly bill.
A recent auto insurance study revealed that the majority of drivers renewed their policy with the same company for a minimum of four years, and about 40% of consumers have never compared quotes from other companies. U.S. insurance shoppers could save nearly 46.5% each year just by comparing rates, but they won't spend time to compare rates.
Companies like GEICO, Progressive and Allstate all promote huge savings with TV and radio ads and it can be hard to ignore the propaganda and take the time to shop coverage around.
Cheaper rates with these nine discounts on insurance
Car insurance is not cheap, but there are discounts available that you may not even be aware of. Some discounts will apply at the time of purchase, but some need to be asked for before they will apply. If you check and find you aren't receiving every discount you qualify for, you could be saving more on your insurance.
- Own a Home - Just being a homeowner can save you money because owning a home is proof of financial responsibility.
- No Charge for an Accident - Not really a discount, but companies like Liberty Mutual, Allstate and State Farm may permit one accident before they charge you more for coverage if you are claim-free prior to the accident.
- Discount for Life Insurance - Select insurance companies reward you with a break if you buy life insurance.
- No Claim Discounts - Tallahassee drivers who stay claim-free can save substantially as compared to accident-prone drivers.
- Smart Student Discounts - Maintaining excellent grades can be rewarded with saving of up to 25%. Earning this discount can benefit you up until you turn 25.
- Bundled Policy Discount - If you combine your auto and homeowners policies with the same insurance company you will save up to 20% and get you cheap Tallahassee auto insurance.
- Discount for New Cars - Buying a new car instead of a used car can get you a discount due to better safety requirements for new vehicles.
- Defensive Driving Course - Completing a defensive driving course could cut 5% off your bill and also improve your driving technique.
- Discount for Low Mileage - Driving fewer miles could be rewarded with better premium rates on cars that stay parked.
As is typical with insurance, most of the big mark downs will not be given to the entire policy premium. A few only apply to the price of certain insurance coverages like collision or personal injury protection. Even though it appears it's possible to get free car insurance, company stockholders wouldn't be very happy. Any qualifying discounts will help lower your policy premium.
Large insurance companies and some of the premium reductions they offer are included below.
- AAA offers discounts including anti-theft, good student, AAA membership discount, multi-car, pay-in-full, and multi-policy.
- Progressive policyholders can earn discounts including online quote discount, homeowner, multi-vehicle, good student, continuous coverage, online signing, and multi-policy.
- State Farm offers discounts for anti-theft, defensive driving training, multiple autos, good driver, and driver's education.
- Esurance may offer discounts for emergency road assistance, paid-in-full, defensive driver, safety device, and online shopper.
- Nationwide includes discounts for easy pay, anti-theft, business or organization, Farm Bureau membership, accident-free, and good student.
If you need inexpensive Tallahassee auto insurance quotes, ask every prospective company which discounts you may be entitled to. Some credits might not be available to policyholders in your state. To see a list of insurance companies that offer some of these discounts in Tallahassee, click here.
When comparing insurance rates, know that making a lot of price comparisons will improve the odds of getting lower pricing.
The companies in the list below are ready to provide price quotes in Florida. To get cheap auto insurance in Florida, we recommend you visit as many as you can to get the best price comparison.
|Make, Model, and Trim Level||Annual Policy Premium||6-month Policy Premium||Monthly Premium|
|Chevrolet Colorado LT Extended Cab 2WD||$1,268||$634||$106|
|Chevrolet Equinox LTZ AWD||$1,372||$686||$114|
|Chevrolet Malibu Hybrid||$1,264||$632||$105|
|Chevrolet Silverado LS Regular Cab 4WD||$1,250||$625||$104|
|Dodge Ram Crew Cab Laramie 2WD||$1,690||$845||$141|
|Ford Escape Limited 4WD||$1,138||$569||$95|
|Ford F-150 Lariat Crew Cab Platinum 4WD||$1,618||$809||$135|
|Ford Focus SES 4-Dr Sedan||$1,138||$569||$95|
|Ford Fusion SE 4-Dr Sedan||$1,560||$780||$130|
|Honda Accord LX 4-Dr Sedan||$1,346||$673||$112|
|Honda CR-V LX 2WD||$1,068||$534||$89|
|Honda Civic LX-S 4-Dr Sedan||$1,318||$659||$110|
|Hyundai Sonata GLS 4-Dr Sedan||$1,342||$671||$112|
|Jeep Grand Cherokee Laredo 4WD||$1,314||$657||$110|
|Nissan Altima 2.5 S 4-Dr Sedan||$1,168||$584||$97|
|Toyota Camry LE||$1,660||$830||$138|
|Toyota Corolla XLE||$1,314||$657||$110|
|Toyota Tacoma Double Cab TRD Off-Road Package 4WD||$1,518||$759||$127|
|Get Your Own Custom Quote Go|
Data assumes married male driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Florida minimum liability limits. Discounts applied include homeowner, claim-free, multi-vehicle, safe-driver, and multi-policy. Information does not factor in garaging location in Tallahassee which can influence auto insurance rates greatly.
How violations and accidents impact rates
The diagram below highlights how speeding tickets and accidents raise Kia Optima insurance costs for different age groups. The premiums are based on a single female driver, full physical damage coverage, $1,000 deductibles, and no discounts are applied to the premium.
Kia Optima rates are for example purposes only. To get rates for your specific vehicle, click here.
Car insurance rates by age and gender
The chart below illustrates the difference between insurance premiums for male and female drivers in Tallahassee. The information is based on no claims, a clean driving record, comp and collision included, $500 deductibles, drivers are not married, and no discounts are applied to the premium on a Nissan Sentra 2.
Nissan Sentra rates are for example purposes only. To get rate quotes for your specific vehicle, click here.
Comparison of policy deductibles
One of the most common car insurance questions is how low should you set your deductibles. The comparisons below highlight the differences in premium rates between low and high comp and collision deductibles. The first rate estimation uses a $250 physical damage coverage deductible and the second price table uses a $1,000 deductible.
Honda Civic 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|
|Civic DX 4-Dr Sedan||$280||$544||$418||$24||$124||$1,415||$118|
|Civic VP 4-Dr Sedan||$280||$640||$418||$24||$124||$1,511||$126|
|Civic LX 4-Dr Sedan||$280||$640||$418||$24||$124||$1,511||$126|
|Civic DX 2-Dr Coupe||$280||$640||$522||$30||$156||$1,653||$138|
|Civic EX 4-Dr Sedan||$280||$640||$418||$24||$124||$1,511||$126|
|Civic LX-S 4-Dr Sedan||$280||$640||$418||$24||$124||$1,511||$126|
|Civic LX 2-Dr Coupe||$280||$736||$522||$30||$156||$1,749||$146|
|Civic EX-L 4-Dr Sedan||$322||$736||$418||$24||$124||$1,649||$137|
|Civic SI 4-Dr Sedan||$322||$736||$418||$24||$124||$1,649||$137|
|Civic EX 2-Dr Coupe||$322||$736||$522||$30||$156||$1,791||$149|
|Civic GX 4-Dr Sedan||$322||$736||$418||$24||$124||$1,649||$137|
|Civic EX-L 2-Dr Coupe||$322||$736||$522||$30||$156||$1,791||$149|
|Civic Hybrid 4-Dr Sedan||$364||$640||$418||$24||$124||$1,595||$133|
|Civic SI 2-Dr Coupe||$364||$834||$522||$30||$156||$1,931||$161|
|Get a Quote for Your Vehicle Go|
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Civic DX 4-Dr Sedan||$174||$342||$418||$24||$124||$1,082||$90|
|Civic VP 4-Dr Sedan||$174||$402||$418||$24||$124||$1,142||$95|
|Civic LX 4-Dr Sedan||$174||$402||$418||$24||$124||$1,142||$95|
|Civic DX 2-Dr Coupe||$174||$402||$522||$30||$156||$1,284||$107|
|Civic EX 4-Dr Sedan||$174||$402||$418||$24||$124||$1,142||$95|
|Civic LX-S 4-Dr Sedan||$174||$402||$418||$24||$124||$1,142||$95|
|Civic LX 2-Dr Coupe||$174||$464||$522||$30||$156||$1,346||$112|
|Civic EX-L 4-Dr Sedan||$200||$464||$418||$24||$124||$1,230||$103|
|Civic SI 4-Dr Sedan||$200||$464||$418||$24||$124||$1,230||$103|
|Civic EX 2-Dr Coupe||$200||$464||$522||$30||$156||$1,372||$114|
|Civic GX 4-Dr Sedan||$200||$464||$418||$24||$124||$1,230||$103|
|Civic EX-L 2-Dr Coupe||$200||$464||$522||$30||$156||$1,372||$114|
|Civic Hybrid 4-Dr Sedan||$224||$402||$418||$24||$124||$1,192||$99|
|Civic SI 2-Dr Coupe||$224||$524||$522||$30||$156||$1,456||$121|
|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 claim-free, safe-driver, multi-policy, multi-vehicle, and homeowner. Information does not factor in your specific Tallahassee location which can revise coverage rates considerably.
Using the data above, we can ascertain that using a $250 deductible costs roughly $33 more each month or $396 each year than selecting the higher $1,000 deductible. Since you would have to pay $750 more if you file a claim with a $1,000 deductible as compared to a $250 deductible, if you normally average at least 23 months between claim filings, you would probably save some money by going with a higher deductible.
How to calculate if higher deductibles make sense
|Average monthly premium for $250 deductibles:||$136|
|Average monthly premium for $1,000 deductibles (subtract):||- $103|
|Monthly savings from raising deductible:||$33|
|Difference between deductibles ($1,000 - $250):||$750|
|Divide difference by monthly savings:||$750 / $33|
|Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible||23 months|
One thing to note is that a higher deductible level means you will have to pay more when you do file a claim. That will require enough disposable income in the event you have to pay more for the deductible.
Buying from insurance agents
Some people would prefer to buy from a licensed agent and often times that is recommended A nice benefit of comparing insurance prices online is the fact that drivers can get lower premium rates but also keep your business local. And providing support for local agents is still important in Tallahassee.
After completing this quick form, your insurance coverage information is transmitted to local insurance agents in Tallahassee who will give competitive quotes for your auto insurance coverage. You won't need to leave your house because quoted prices will be sent immediately to your email address. You can find better rates and an insurance agent to talk to. If you wish to get a price quote from a specific auto insurance provider, feel free to visit that company's website and fill out their quote form.
If you are wanting to find a local Tallahassee insurance agent, there are a couple of types of agencies and how they differ in how they can insure your vehicles. Agents in Tallahassee are classified as either exclusive or independent.
Independent Insurance Agents
Agents in the independent channel can sell policies from many different companies so they have the ability to put coverage with a variety of different insurance companies and get you the best rates possible. If you are not satisfied with one company, they simply move your policy to a different company and the insured can keep the same agent.
When comparing rates, you need to get insurance quotes from independent agents in order to compare the most rates.
These type of agents write business for a single company and some examples include State Farm, AAA, and Liberty Mutual. Exclusive agencies are unable to provide other company's prices so they have to upsell other benefits. They are usually quite knowledgeable in insurance sales which can be an advantage.
Finding the right auto insurance agent needs to be determined by more than just a cheap price quote. The following questions are important to ask.
- Will the agent help in case of a claim?
- What are the financial ratings for the companies they represent?
- How long have they worked with personal auto insurance coverage?
- Who is covered by the car insurance policy?
- Does their agency support local causes in Tallahassee?
- Are they able to provide referrals?
- Does the agent have professional designations like CIC, CPCU or AIC?
Why car insurance is not optional
Even though rates can get expensive, insuring your vehicle serves an important purpose.
First, almost all states have mandatory insurance requirements which means it is punishable by state law to not carry a specific level of liability insurance coverage if you don't want to risk a ticket. 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 your vehicle has a loan, it's guaranteed your bank will force you to carry insurance to guarantee payment of the loan. If coverage lapses or is canceled, the bank may insure your vehicle at a much higher rate and require you to pay a much higher amount than you were paying before.
Third, insurance protects both your vehicle and your assets. Insurance will also pay for medical bills for you, your passengers, and anyone else injured in an accident. Liability coverage also covers all legal expenses up to the policy limit in the event you are sued. If you have damage to your vehicle as the result of the weather or an accident, comprehensive and collision coverage will pay to repair the damage minus the deductible amount.
The benefits of having car insurance more than cancel out the cost, particularly when you have a large claim. According to a recent study, the average American driver is currently overpaying as much as $820 a year so you should quote and compare rates at every renewal to ensure rates are inline.
Auto insurance 101
Understanding the coverages of your policy can be of help when determining which coverages you need and proper limits and deductibles. The coverage terms in a policy can be ambiguous and reading a policy is terribly boring. Below you'll find the usual coverages offered by auto insurance companies.
Medical expense coverage - Medical payments and Personal Injury Protection insurance pay for bills like EMT expenses, chiropractic care, doctor visits, nursing services and prosthetic devices. The coverages can be used to cover expenses not covered by your health insurance plan or if you lack health insurance entirely. Coverage applies to both the driver and occupants and also covers if you are hit as a while walking down the street. PIP is not an option in every state but it provides additional coverages not offered by medical payments coverage
Uninsured or underinsured coverage - This coverage provides protection when the "other guys" are uninsured or don't have enough coverage. It can pay for hospital bills for your injuries as well as your vehicle's damage.
Because many people only carry the minimum required liability limits (10/20/10), their limits can quickly be used up. So UM/UIM coverage should not be overlooked. Usually the UM/UIM limits do not exceed the liability coverage limits.
Comprehensive protection - This coverage pays for damage that is not covered by collision coverage. You need to pay your deductible first and then insurance will cover the rest of the damage.
Comprehensive insurance covers claims like damage from getting keyed, damage from flooding, theft, a tree branch falling on your vehicle and a broken windshield. The most you'll receive from a claim is the actual cash value, so if it's not worth much more than your deductible it's probably time to drop comprehensive insurance.
Collision coverage - This will pay to fix damage to your vehicle resulting from a collision with another vehicle or an object, but not an animal. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.
Collision coverage protects against things such as rolling your car, hitting a mailbox, backing into a parked car and colliding with another moving vehicle. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from lower value vehicles. It's also possible to raise the deductible in order to get cheaper collision rates.
Liability insurance - This provides protection from damage or injury you incur to a person or their property that is your fault. It protects YOU against claims from other people, and does not provide coverage for damage sustained by your vehicle in an accident.
Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show policy limits of 10/20/10 which means a $10,000 limit per person for injuries, a per accident bodily injury limit of $20,000, and $10,000 of coverage for damaged property. Some companies may use a combined limit which limits claims to one amount with no separate limits for injury or property damage.
Liability can pay for claims such as medical expenses, medical services, repair bills for other people's vehicles and pain and suffering. How much coverage you buy is up to you, but you should buy as high a limit as you can afford. Florida state law requires minimum liability limits of 10/20/10 but you should think about purchasing more coverage.
A conclusion for your auto insurance search
As you go through the steps to switch your coverage, you should never sacrifice coverage to reduce premiums. There have been many cases where someone dropped full coverage and discovered at claim time they didn't have enough coverage. Your objective should be to purchase plenty of coverage at the best cost, but don't skip important coverages to save money.
We just presented a lot of ways to get a better price on auto insurance in Tallahassee. It's most important to understand that the more quotes you get, the higher the chance of saving money. Consumers may even find the lowest rates come from a company that doesn't do a lot of advertising. Some small companies may often insure only within specific states and give getter rates as compared to the big name companies such as Allstate, GEICO and Progressive.
Even more information is located in the articles below:
- Help Your Teen Be a Better Driver (State Farm)
- Who Has Affordable Florida Auto Insurance for Drivers Over Age 60? (FAQ)
- Who Has Affordable Florida Car Insurance for a 20 Year Old Female? (FAQ)
- What is the Best Cheap Auto Insurance in Spring Hill, Florida? (FAQ)
- Who Has the Cheapest Florida Auto Insurance for Unemployed Drivers? (FAQ)
- What Insurance is Cheapest for Infrequent Drivers in Florida? (FAQ)
- Vehicle Safety Ratings (iihs.org)
- Front crash protection reduces rear-end crashes (Insurance Institute for Highway Safety)