You have probably seen the catchy commercials from auto insurance companies like GEICO, Farmers, and Allstate guaranteeing enormous savings, so you just need to pick the company with the cutest commercial, right?
Unfortunately, it’s just not that easy, as there are a whole bunch of unknowns like if you want full coverage, the crash test ratings of your vehicle, your marital status, and if you own a home, that all have an effect on the price. The information below will cover the best ways to maintain low rates and will hopefully give the reader a solid foundation to find cheaper car insurance in Florida.
The vehicle you are insuring is one of the main factors when comparing the most affordable auto insurance for 18 year olds. Vehicles with higher performance, a lack of advanced safety features, or high incidents of liability claims will cost substantially more to insure than more modest models. The information below features car insurance costs for a selection of the cheapest vehicles to insure in Florida.
| Make and Model | Estimated Cost for Full Coverage |
|---|---|
| Ford Escape XLS 2WD | $10,084 |
| Honda CR-V EX-L 4WD | $10,199 |
| Toyota Prius | $10,989 |
| Honda Odyssey LX | $11,178 |
| Ford Edge SE 2WD | $11,187 |
| Volkswagen Jetta SE 2.5 Station Wagon | $11,660 |
| Ford Focus SE 4-Dr Sedan | $11,853 |
| Chevrolet Equinox LT 2WD | $11,968 |
| Toyota RAV4 Limited 4WD | $11,976 |
| Dodge Grand Caravan Hero | $11,968 |
| Toyota Tacoma Double Cab TRD Off-Road Package 4WD | $12,083 |
| Dodge Ram 3500 Crew Cab Laramie 2WD | $12,092 |
| Ford Explorer Limited 2WD | $12,083 |
| Chevrolet Malibu LT | $12,093 |
| Ford F-350 XL Super Cab 2WD | $12,198 |
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Data assumes single male driver age 18, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Florida minimum liability limits. Discounts applied include claim-free, and safe-driver. Premium amounts do not factor in specific location information which can lower or raise coverage prices noticeably.
Based upon the table data, we can assume that cars like the Ford Escape, Honda CR-V, and Toyota Prius should be the less-costly vehicles to insure for teen drivers. Rates will tend to be more expensive anyway just because there is more liability exposure for 18 year olds, but overall those makes and models will probably have the best rates compared to other vehicles.
Finding decent, cheap insurance is not the easiest thing to do, and figuring out which companies have the lowest-priced insurance rates for 18 year olds requires even more shopping around. Each auto insurer has their own guidelines for establishing rates, so let’s rank the insurance companies with the overall cheapest rates in Miami.
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| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | USAA | $957 |
| 2 | Amica | $1,746 |
| 3 | Electric | $1,764 |
| 4 | Progressive | $1,829 |
| 5 | Allied | $1,926 |
| 6 | Travelers | $1,945 |
| 7 | Mercury | $1,992 |
| 8 | Esurance | $2,020 |
| 9 | State Farm | $2,068 |
| 10 | GEICO | $2,086 |
| 11 | Auto-Owners | $2,107 |
| 12 | Allstate | $2,317 |
| 13 | 21st Century | $2,373 |
| 14 | Windhaven Insurance | $2,549 |
| 15 | MetLife | $2,900 |
| 16 | Safeco | $2,987 |
| 17 | Liberty Mutual | $3,039 |
| 18 | Hanover | $3,054 |
| 19 | United Automobile | $3,562 |
| 20 | Direct General | $4,022 |
| Quote Your Rates Go | ||
USAA quotes some of the most affordable car insurance rates in Miami at around $957 each year. Amica, Electric, Progressive, and Allied also qualify as some of the more affordable Miami, FL auto insurance companies.
As shown in the rates above, if you are insured with Electric and switched to USAA, you might achieve a yearly savings of upwards of $807. Customers with Progressive could save as much as $872 a year, and Allied customers might reduce rates by $969 a year.
To discover how much you can save, click here to begin a quote or visit any of the companies below.
Be aware that those estimates are averaged for all types of insureds and vehicles and do not take into consideration a specific zip code for 18 year olds. So the company that can offer you the lowest price may not even be in the top 21 companies in the list above. That illustrates why you need to compare rates from multiple companies using your own driver and vehicle profiles.
For teen drivers, one of the largest components that are used to help calculate the price you pay for insurance is where you live in Miami. Cities with larger populations or higher claim trends tend to have more expensive car insurance rates, whereas areas with less people or fewer weather incidents have the luxury of lower rates.
The following table rates the highest-priced places in Florida for 18 year olds in which to purchase auto insurance. Miami is ranked #3 with an annual cost of $3,241 for coverage, which is around $270 per month.
| Rank | City | Annual Rate |
|---|---|---|
| 1 | Hialeah | $3,630 |
| 2 | Miami Gardens | $3,245 |
| 3 | Miami | $3,241 |
| 4 | Miami Beach | $3,013 |
| 5 | Miramar | $2,629 |
| 6 | West Palm Beach | $2,625 |
| 7 | Hollywood | $2,604 |
| 8 | Fort Lauderdale | $2,550 |
| 9 | Coral Springs | $2,549 |
| 10 | Pompano Beach | $2,543 |
| 11 | Tampa | $2,532 |
| 12 | Davie | $2,473 |
| 13 | Pembroke Pines | $2,431 |
| 14 | Brandon | $2,368 |
| 15 | St. Petersburg | $2,196 |
| 16 | Clearwater | $2,194 |
| 17 | Spring Hill | $2,060 |
| 18 | Jacksonville | $2,040 |
| 19 | Orlando | $2,008 |
| 20 | Port St. Lucie | $1,916 |
| 21 | Cape Coral | $1,898 |
| 22 | Lakeland | $1,883 |
| 23 | Tallahassee | $1,784 |
| 24 | Palm Bay | $1,750 |
| 25 | Gainesville | $1,696 |
| Compare Prices Now Go | ||
Rate information is approximated as specific location information can modify rates noticeably.
Ending up with the right insurance company can be difficult considering how many choices drivers have in Miami. The rank data in the next section can help you choose which auto insurance companies you want to consider when comparing rates.
The ratings below only include companies that write coverage in many states, so companies that have a smaller presence are not factored into this list. To get price quotes and find the cheapest rates for 18 year olds, follow this link.
Top 10 Large Auto Insurance Companies in Miami Ranked by Customer Service
- USAA
- Travelers
- Mercury Insurance
- AAA Insurance
- Nationwide
- Safeco Insurance
- Progressive
- State Farm
- The Hartford
- The General
Top 10 Large Auto Insurance Companies in Miami Ranked by A.M. Best Rating
- Travelers – A++
- USAA – A++
- GEICO – A++
- State Farm – A++
- Titan Insurance – A+
- Esurance – A+
- Progressive – A+
- The Hartford – A+
- Allstate – A+
- Nationwide – A+
Irresponsible driving raises your rates
A great way to enjoy the most affordable insurance rates in Miami for teen drivers is to be a good driver and avoid accidents and traffic citations. The chart below illustrates how traffic citations and at-fault collisions increase auto insurance costs for different categories of driver ages. Data assumes a single male driver, comp and collision included, $1,000 deductibles, and no policy discounts are applied.
The data charted above shows the average cost of auto insurance in Florida per year with a clean driving record and no accidents is $1,747. Add in one speeding ticket and the average cost hikes up to $1,973, an increase of $226 each year. Then add one accident along with the one speeding ticket and the 12-month cost of insurance for 18 year olds increases to an average of $2,592. That’s an increase of $846, or $70 per month, just for not being a responsible driver!
The auto insurance agents in Miami shown below are a good start to help you decide which car insurance company is the best fit, as some people have coverage questions and would like to have a professional recommendation when shopping around for cheaper insurance for teen drivers. It can be difficult to find the best policy yourself, and a licensed agent can add comfort knowing your coverage gives you adequate protection in case of an accident or claim. To locate a Miami auto insurance agent near you, click the button at the bottom.
Eguino and Associates Insurance Agency, Inc.
7229 SW 24th St – Miami, FL 33155 – (305) 266-1700
E and L Insurance Services
1241 SW 27th Ave – Miami, FL 33135 – (888) 700-4049
Unbeatable Homeowners Insurance Agency
90 SW 3rd St – Miami, FL 33130 – (239) 689-1025
Estrella Insurance #114
8615 Biscayne Blvd – Miami, FL 33138 – (305) 757-5900
Exclusive Insurance Agency Inc.
7175 SW 8th St #203 – Miami, FL 33144 – (305) 263-4855
View more Miami, FL insurance agencies
How to find economical auto insurance for 18 year olds
Here are some of the better thrifty solutions that can help Miami drivers buy low-cost auto insurance.
- Avoid accidents and claims
- Pay cheaper rates with good credit scores
- Save money by insuring older vehicles for liability only
- Safer vehicles cost less to insure
- Do not get traffic tickets
- Raise your deductibles
- Comparison shop at least every other year
That last piece of advice is notably important, as we discussed in this write-up. Prices in Miami can change considerably based on profitability, so don’t be afraid to change insurance companies if a more affordable price is available.
Staying with the same car insurance company is fine, but is isn’t recommended if your bullheadedness ends up costing you a lot of money. Take a few minutes and compare rates to find cheaper car insurance for 18 year olds.