Figuring out which companies have the cheapest auto insurance rates for welfare recipients involves a little more effort in order to find the most economical policy. Every auto insurer has their own process to establish rates, so we will examine the most competitive auto insurance companies in Miami.
Best Insurance Companies in Florida
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | USAA | $986 |
| 2 | Electric | $1,694 |
| 3 | Amica | $1,764 |
| 4 | Progressive | $1,793 |
| 5 | Travelers | $1,945 |
| 6 | Mercury | $1,973 |
| 7 | Allied | $1,985 |
| 8 | Esurance | $2,040 |
| 9 | Auto-Owners | $2,107 |
| 10 | GEICO | $2,108 |
| 11 | State Farm | $2,131 |
| 12 | 21st Century | $2,373 |
| 13 | Allstate | $2,411 |
| 14 | Windhaven Insurance | $2,627 |
| 15 | Safeco | $2,927 |
| 16 | Hanover | $2,934 |
| 17 | MetLife | $2,988 |
| 18 | Liberty Mutual | $3,039 |
| 19 | United Automobile | $3,562 |
| 20 | Direct General | $4,062 |
| Quote Your Rates Go | ||
USAA normally has some of the cheapest car insurance rates in Miami at around $986 a year. This is $1,462 less than the average policy premium paid by Florida drivers of $2,448. Electric, Amica, Progressive, and Travelers also qualify as some of the best Miami, FL car insurance companies.
As depicted above, if you currently buy coverage from Electric and switched to USAA, you could see annual savings of roughly $708. Insureds with Amica might save as much as $778 a year, and Progressive policyholders might cut rates by $807 a year.
It’s important to note that these policy rates are averaged across all drivers and vehicles in Florida and and are not calculated with a specific zip code for welfare recipients. So the insurer that has the cheapest price for you may not even be in the top 21 companies in the list above. That points out the importance of why you need to get car insurance quotes using your own personal information and vehicle type.
For drivers on welfare, one of the more important components that are used to help calculate the annual cost of car insurance is your address. Areas with more people or even just a higher incidence of claims are more likely to pay higher prices, whereas areas with less people or fewer weather incidents can boast about having cheaper rates.
The following table rates the most expensive areas in Florida for welfare recipients in which to purchase auto insurance. Miami makes the list at #3 with the yearly price of $3,241 for coverage, which is around $270 per month.
| Rank | City | Annual Premium |
|---|---|---|
| 1 | Hialeah | $3,595 |
| 2 | Miami Gardens | $3,277 |
| 3 | Miami | $3,241 |
| 4 | Miami Beach | $3,043 |
| 5 | Tampa | $2,636 |
| 6 | Miramar | $2,629 |
| 7 | West Palm Beach | $2,599 |
| 8 | Pompano Beach | $2,595 |
| 9 | Coral Springs | $2,574 |
| 10 | Fort Lauderdale | $2,550 |
| 11 | Davie | $2,548 |
| 12 | Hollywood | $2,526 |
| 13 | Pembroke Pines | $2,505 |
| 14 | Brandon | $2,298 |
| 15 | Clearwater | $2,238 |
| 16 | St. Petersburg | $2,219 |
| 17 | Spring Hill | $2,102 |
| 18 | Jacksonville | $2,020 |
| 19 | Orlando | $2,008 |
| 20 | Port St. Lucie | $1,935 |
| Start a Quote Go | ||
Price information shown is estimated as the specific garaging location can impact auto insurance rates noticeably.
The information below illustrates how choosing a deductible can influence insurance rates when searching for cheap insurance for welfare recipients. The premiums are based on a married female driver, comp and collision included, and no discounts are taken into consideration.
The data above shows that a 40-year-old driver could cut expenses by $340 a year by switching their comprehensive and collision coverages from a $100 deductible to a $500 deductible, or save $514 by using a $1,000 deductible. Even younger insureds, like the Age 20 chart data, could potentially save as much as $848 each year just by choosing higher deductibles.
If you do raise deductibles, it will now be necessary to have enough spare savings to pay the extra out-of-pocket expense, which is the one disadvantage of using larger deductibles.
Selecting the highest-rated insurance company can be difficult considering how many companies there are to choose from in Florida. The ranking data shown next may help you select which auto insurers to look at putting your business with.
These ratings are only comprised of large insurance companies, so smaller regional companies are not included in these rankings. To check prices from these and other companies in Florida, click here.
Top 10 Large Auto Insurers in Miami Ranked by Value
- Mercury Insurance
- Travelers
- American Family
- AAA Insurance
- Safeco Insurance
- Progressive
- The Hartford
- The General
- 21st Century
- Esurance
Top 10 Large Auto Insurers in Miami Ranked by Customer Service
- USAA
- Travelers
- Mercury Insurance
- AAA Insurance
- Nationwide
- Safeco Insurance
- Progressive
- State Farm
- The Hartford
- The General
Who has the cheapest Miami car insurance?
Miami auto insurance rates are impacted by many things which can significantly increase or decrease the price of coverage. Simply getting older, buying higher coverage limits, or getting a couple of tickets can trigger changes in premium that may make certain companies cheaper than before.
In addition, insurance companies change prices at least once a year in order to protect their financial rating. Significantly higher losses can result in additional price hikes, while lower claims may result in cheaper Miami car insurance rates.
For instance, the bar chart below compares the cheapest car insurance in Miami, FL for a 40-year-old male driver with no violations or accidents, and a good credit history. If we look at prices based on his current rating profile, USAA may have the lowest car insurance rates in Miami at $1,793 per year. This is $655 less than the average price paid by Florida drivers of $2,448. Electric, Amica, Progressive, and Travelers are the rest of the cheapest Miami, FL auto insurance companies.
In this next rate comparison, we will give the driver from the above example some claims, bad credit, and a traffic citation. Due to the fact that every insurance company has their own formula to set policy rates, analyzing rate quotes may now present a slightly different list of the cheapest car insurance companies in Miami as shown below.
USAA now has the best car insurance rate in Miami with Allied, Esurance, State Farm, and Auto-Owners completing the list. This illustrates why consumers need to perform a complete rate comparison to get the most affordable insurance quotes for welfare recipients. Prices are made up of many things and can change without notice, so the most affordable company a year ago may now be priced much higher than other options.
If you prefer to have professional advice when shopping for the best coverage for welfare recipients, the professional agents shown below can most likely answer your questions and help you decide which policy is best.
To locate a Miami car insurance agency in your neighborhood, click the button link following the list or click here to compare price quotes now.
Unbeatable Homeowners Insurance Agency
90 SW 3rd St – Miami, FL 33130 – (239) 689-1025
Rick Gonzalez – State Farm Insurance Agent
8830 Coral Way – Miami, FL 33165 – (305) 226-3412
A 1-Stop Insurance Agency Inc
3629 SW 8th St – Miami, FL 33135 – (305) 441-7100
Univista Insurance
5811 W Flagler St – Miami, FL 33144 – (305) 267-7138
JVS Insurance Agency
9600 SW 8th St #27 – Miami, FL 33174 – (305) 552-5250
More Miami, FL insurance agents
How to find the cheapest insurance for welfare recipients
It is possible to find better rates, and here are a few thrifty solutions that can help Miami drivers find cheap auto insurance.
- Buying home and auto together can help save money
- Save money by only buying liability coverage for older vehicles
- Safer vehicles generally have cheaper insurance rates
- At-fault accidents will increase rates
- Better credit rating means better rates
- Compare rate quotes frequently
That last tip is especially vital, as we discussed in the prior information. Insurance rates change a lot, so drivers shouldn’t be resistant to buy a different policy if a more affordable rate is found.
We understand brand loyalty, but is isn’t recommended if that loyalty ends up costing hundreds of dollars year after year. In just a few minutes you could shop around to find cheaper auto insurance for welfare recipients in Miami.