The words “low-cost” and “insurance” really should not be used together, in particular when shopping around for the best price on coverage for state employees. Because of the high cost, let’s teach you some things that impact car insurance prices, and see if we can help you slash the price of the next policy you buy.
Comparing quotes for affordable insurance is confusing at best, and deciding which insurers offer the cheapest car insurance rates for state employees may require even more rate comparisons. Every insurance company has their own unique process to set their prices, so we’ll take a look at the most competitive car insurance companies in Florida.
It’s important that readers know that Miami car insurance rates are impacted by many things that can increase the policy price. This price variability is why Florida drivers need to take the time to shop around to get cheap car insurance rates for state employees. Insurance rates are made up of many risk factors and can change without notice, so the lowest-price company two years ago may now be one of the more expensive options.
Best Car Insurance Prices in Florida
|Rank||Company||Cost Per Year|
|Compare Rates Now Go|
USAA offers some of the cheapest car insurance rates in Miami at around $977 annually. This is $1,471 less than the average price paid by Florida drivers of $2,448. Electric, Amica, Progressive, and Travelers would also be considered some of the cheapest Miami, FL auto insurance companies.
In this example, if you are insured with Electric and switched to USAA, you might see savings of roughly $735. Florida drivers with Amica might save as much as $769 a year, and Progressive customers might cut rates by $852 a year.
To see if your current coverage is too expensive, click here or click several companies below for low rates.
Be aware that those estimates are averaged across all drivers and vehicles and and are not calculated with a specific zip code for state employees. So the company that has the cheapest rates for you may not even be in the top 21 companies shown above. That helps illustrate why you need to get rate quotes using your own personal information and vehicle type.
The make and model of vehicle needing coverage is one of the largest factors when comparison shopping for cheap coverage for state employees. Vehicles with economical engines, good crash test ratings, or low incidents of liability claims will cost less to insure than fast, unsafe models. The information below showcases auto insurance costs for the cheapest automobiles to buy coverage for.
|Vehicle Insured||Estimated Cost for Full Coverage|
|Honda Accord EX 4-Dr Sedan||$3,312|
|Ford Escape XLT 2WD||$3,319|
|Honda Odyssey EX W/Rear Entertainment||$3,355|
|Honda CR-V EX-L 4WD||$3,385|
|Chevrolet Equinox LS 2WD||$3,420|
|Jeep Wrangler Sport 4WD 2-Dr||$3,439|
|Ford F-150 Lariat Crew Cab 4WD||$3,486|
|Nissan Altima 2.5 S 4-Dr Sedan||$3,598|
|Hyundai Elantra SE 4-Dr Sedan||$3,603|
|GMC Sierra 2500HD SLE Regular Cab 4WD||$3,663|
|Jeep Grand Cherokee SRT-8 4WD||$3,671|
|Honda Civic Hybrid 4-Dr Sedan||$3,663|
|Volkswagen Jetta SE 4-Dr Sedan||$3,669|
|Kia Optima LX||$3,667|
|Hyundai Sonata GLS 4-Dr Sedan||$3,674|
|Compare Rates Now Go|
Table data assumes single female driver age 30, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Florida minimum liability limits. Discounts applied include homeowner, multi-vehicle, multi-policy, safe-driver, and claim-free. Rate quotes do not factor in vehicle garaging location which can impact coverage prices greatly.
By looking at the data, we can conclude that vehicles like the Honda Accord, Ford Escape, Honda Odyssey, and Honda CR-V will definitely be some of the most budget-friendly vehicles to insure for state workers.
Full coverage versus liability only rates
Buying cheaper car insurance is the goal of the majority of people, and one common way to find cheaper insurance for state employees is to not pay for full coverage. The information below shows the difference between insurance rates with and without full coverage. The rate quotes are based on a clean driving record, no claims, $500 deductibles, marital status is single, and no other discounts are factored in.
As an overall average, comprehensive and collision coverage on your policy costs an additional $1,961 per year over and above liability coverage. Many drivers may wonder if you should buy full coverage. There is no written rule of when to drop physical damage coverage, but there is a guideline you can use. If the annual cost of your full coverage insurance is about 10% or more of the replacement cost minus the deductible, then it may be the right time to buy liability only.
For example, let’s pretend your vehicle’s settlement value is $6,500 and you have $1,000 full coverage deductibles. If your vehicle is destroyed, you would only receive $5,500 after paying the physical damage deductible. If you are paying more than $550 annually for your policy with full coverage, then it could be time to drop full coverage.
Discounts on Miami auto insurance
Insurers that offer cheap quotes for state employees may additionally offer discounts that could potentially reduce rates by as much as 40% or more if you meet eligibility requirements. A list of companies and a summarized list of policyholder discounts include:
- Progressive includes discounts for good student, homeowner, online signing, multi-vehicle, online quote discount, and multi-policy.
- SAFECO offers discounts including anti-lock brakes, teen safe driver, multi-car, safe driver, and accident prevention training.
- American Family offers discounts for air bags, TimeAway discount, Steer into Savings, early bird, multi-vehicle, and mySafetyValet.
- MetLife may have discounts that include accident-free, good student, claim-free, defensive driver, multi-policy, good driver
- GEICO may include discounts for air bags, membership and employees, military active duty, anti-theft, and five-year accident-free.
- The Hartford offers premium reductions for bundle, vehicle fuel type, air bag, anti-theft, and good student.
The example below shows the comparison of car insurance rates with and without discounts applied to the rates. The rates are based on a male driver, no driving violations, no at-fault accidents, Florida state minimum liability limits, full physical damage coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second bar shows the rates with marriage, accident-free, homeowner, anti-theft, defensive driving course, and vehicle safety discounts applied. When discounts are applied, the average amount saved each year on car insurance for state employees is 28% or $543.
The information below illustrates how your deductible choice can raise or lower yearly insurance costs when searching for cheap insurance for state employees. The costs are based on a married male driver, comp and collision included, and no other discounts are factored in.
A 40-year-old driver could cut expenses by $406 a year by changing their physical damage coverage from a $100 deductible up to a $500 deductible, or save $610 by changing to a $1,000 deductible. Younger drivers, such as the 20-year-old example, have the ability to save $1,354 every year just by choosing higher deductibles. When raising deductibles, it’s a good idea to have additional savings on hand to pay the extra out-of-pocket expense, which is the main inconvenience of larger deductibles.
Tips to find the cheapest car insurance for state employees
Below you’ll find some of the recommended money-saving ideas that can help drivers buy cheap auto insurance.
- Do not file small claims
- Do not waste money insuring older vehicles for full coverage
- Accidents can significantly increase rates
- Bundle home and auto and earn a discount
- The safer your car, the less it costs to insure
- You will pay more if you get tickets or have at-fault accidents
- Shop around for lower rates once a year
The last tip in the list is particularly vital, as was pointed out in the article above. Auto insurance rates in Miami fluctuate considerably, so don’t be tentative to buy from a new company if you can find a cheaper rate. Many drivers prefer to stick with one company, but it’s not a good idea if that stubbornness costs you hundreds of dollars year after year. It only takes a couple minutes to compare prices to find cheaper car insurance for state employees.
If you like to have professional advice when trying to find lower insurance rates for state employees, the insurance agencies listed below can most likely provide answers to your questions and help you determine which coverage fits your budget. To find an agent nearest to you, click the button at the bottom of the list or click here to compare rates now.
AV Insurance Agency Inc
2497 NW 79th St – Miami, FL 33147 – (305) 696-2291
Leading Insurance Agency
1733 SW 22nd St – Miami, FL 33145 – (305) 857-0075
JVS Insurance Agency
9600 SW 8th St #27 – Miami, FL 33174 – (305) 552-5250
SOL Insurance Agency
1370 W Flagler St – Miami, FL 33135 – (305) 643-2333
5811 W Flagler St – Miami, FL 33144 – (305) 267-7138