The vehicle model needing coverage is probably the most important factor that determines whether or not you find the most economical car insurance for drivers with a bad driving record. Vehicles with limited speed and performance, a great safety record, or a low likelihood of liability claims will cost substantially less to insure than fast, unsafe models.
The table below ranks auto insurance premiums for some of the more affordable automobiles to insure.
|Make, Model, and Trim Level||Estimated Cost for Full Coverage|
|Ford Escape XLT 2WD||$10,243|
|Honda CR-V EX 4WD||$10,678|
|Ford F-150 FX2 Super Cab 2WD||$11,921|
|Honda Odyssey EX W/Rear Entertainment||$12,012|
|Volkswagen Jetta S 4-Dr Sedan||$12,127|
|Toyota RAV4 Limited 2WD||$12,135|
|Chevrolet Impala LS||$12,375|
|Ford Edge SEL AWD||$12,486|
|Ford Focus SE 4-Dr Sedan||$12,495|
|Chevrolet Malibu LS||$12,502|
|Dodge Grand Caravan Hero||$12,512|
|Ford Explorer Eddie Bauer AWD||$12,628|
|Toyota Tacoma Double Cab 4WD||$12,634|
|Hyundai Elantra Blue 4-Dr Sedan||$12,953|
|Toyota Corolla LE||$13,170|
|Nissan Altima Hybrid 4-Dr Sedan||$13,205|
|GMC Sierra SLT Extended Cab 4WD||$13,212|
|Jeep Grand Cherokee Limited 2WD||$13,205|
|Jeep Wrangler Unlimited Sport 2WD 4-Dr||$13,281|
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Premium data assumes single male driver age 40, two speeding tickets, two at-fault accidents, $1,000 deductibles, and Florida minimum liability limits. Discounts applied include homeowner, multi-policy, and multi-vehicle. Estimates do not factor in specific Miami, FL garaging location which can change rates significantly.
Looking at the numbers, you can presume that models like the Ford Escape, Honda CR-V, and Toyota Prius should be the most affordable vehicles to insure for bad drivers. The price of auto insurance will trend higher just because there is more inherent risk for drivers with a bad driving record, but overall those particular models will probably have the cheapest car insurance rates available.
One of the many considerations that are looked at to help calculate the price you pay for insurance is the neighborhood you call home. Regions with more people or even just more weather-related claims are more likely to pay higher prices, whereas areas that tend to be more rural have the enjoyment of a little cheaper coverage.
The information below rates the highest-priced areas in Florida for drivers with a bad driving record to purchase auto insurance in. Miami is ranked at #3 with the yearly price of $3,145 for coverage, which is around $262 monthly.
|Rank||City||Average Per Year|
|5||West Palm Beach||$2,679|
|20||Port St. Lucie||$1,975|
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Price information shown is approximated as the specific area where the vehicle is garaged can change prices substantially.
Trying to buy affordable insurance is not the easiest thing to do, and finding out which company has the best insurance rates for drivers with a bad driving record will take even more work.
Each insurance company uses their own formula for establishing rates, so let’s begin by taking a look at the lowest cost insurance companies in Florida. It’s important that readers know that Miami, FL insurance rates are calculated based on many things which can substantially decrease or increase the price you pay. Things like having a birthday, getting married, or getting a ticket for careless driving can cause premium changes that can now make some companies higher-priced than the competition.
Best Car Insurance Prices for Imperfect Drivers
USAA may offer some of the most affordable car insurance rates in Miami at around $957 per year. This is $1,491 less than the average rate paid by Florida drivers of $2,448. Electric, Amica, Progressive, and Travelers also rank well as some of the lowest-priced Miami, FL car insurance companies.
In the rate table above, if you are a customer of Amica and switched to USAA, you could see savings of around $807. Insureds with Progressive might save as much as $872 a year, and Travelers customers might cut rates by $912 a year.
To get a quick, customized rate comparison, click here to begin a quote or click through to the companies below.
Be aware that those policy prices are averages across all types of insureds and vehicles and and are not calculated with an exact location for drivers with a bad driving record. So the auto insurance company that is most affordable for your situation may not even be in the list above. That affirms the importance of why you need to quote rates from many companies using your own driver data and vehicle information.
Best insurance in Florida
Insuring your vehicle with a highly-rated insurer can be difficult considering how many different insurance companies sell coverage in Miami. The ranking data in the lists below could help you select which companies you want to consider comparing price quotes from. These rankings only include the largest companies in the United States, so companies with more of a regional focus are not included in this list.
|Company||Value||Customer Service||Claims||Customer Satisfaction||A.M Best Rating||Overall Score|
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Data Source: Insure.com Best Car Insurance Companies
Rate difference between full and liability-only coverage
Saving money on insurance should be important to the majority of drivers, and a great way to pay lower rates for insurance for drivers with a bad driving record is to not insure for full coverage. The example below illustrates the comparison of insurance premiums with liability coverage only compared to full coverage. Data assumes no tickets, no at-fault accidents, $500 deductibles, single marital status, and no additional discounts are factored in.
If we average the cost for ages 20 through 70, comp and collision coverage costs an extra $1,961 per year over liability only. Lot’s of drivers question when is it safe to stop buying full coverage. There is no clear-cut rule to stop paying for comp and collision coverage, but there is a general convention. If the annual cost of having full coverage is about 10% or more of any settlement you would receive from your insurance company, then it’s probably a good time to buy liability coverage only.
There are some cases where removing full coverage is not recommended. If you haven’t paid off your loan, you must maintain physical damage coverage to protect the lienholder’s interest. Also, if you can’t afford to buy a different vehicle in the even your car is totaled, you should not eliminate full coverage.
If you aren’t clear which coverage you need and would like to get some guidance when shopping for cheaper insurance for bad drivers, the insurance agencies listed below can help you make a decision which policy fits your needs best.
To find an agent using an interactive map, click the button at the bottom of the list or click here to compare price quotes.
Clark Alvarado – State Farm Insurance Agent
5209 NW 36th St – Miami Springs, FL 33166 – (305) 887-9543
Miami International Insurance Agency
2200 SW 16th St, Suite 212 – Miami, FL 33145 – (305) 856-3333
8700 W Flagler St # 230 – Miami, FL 33174 – (305) 221-2400
Kahn Carlin Insurance
3350 S Dixie Hwy – Miami, FL 33133 – (305) 446-2271
How to find low-cost car insurance for drivers with a bad driving record
The list below summarizes some of the recommended penny-pinching suggestions that can help Florida drivers get low-cost coverage.
- Avoid accidents and claims
- Buying home and auto insurance together can earn discounts
- Be a safe driver
- Try to remain claim-free
- Raise physical damage deductibles
- Increase your credit score
- Compare price quotes at least once a year
The last idea is certainly important, as we discussed in this write-up. Coverage prices change constantly, so don’t be afraid to switch to a new company if a better rate can be found.
Having a favorite company is fine, but it isn’t a good idea if your bullheadedness ends up costing you hundreds of dollars a year. In just a couple of minutes you could shop around and find cheaper auto insurance for drivers with a bad driving record in Miami.