How Much is Car Insurance for 18 Year Olds in Miami?

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.

Cheapest Vehicles to Insure in Miami, FL
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.

Find the Cheapest Auto Insurance for Teens

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Cheapest Florida auto insurance companies
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
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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.

How much is auto insurance in Miami, FL?
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
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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

  1. USAA
  2. Travelers
  3. Mercury Insurance
  4. AAA Insurance
  5. Nationwide
  6. Safeco Insurance
  7. Progressive
  8. State Farm
  9. The Hartford
  10. The General

Top 10 Large Auto Insurance Companies in Miami Ranked by A.M. Best Rating

  1. Travelers – A++
  2. USAA – A++
  3. GEICO – A++
  4. State Farm – A++
  5. Titan Insurance – A+
  6. Esurance – A+
  7. Progressive – A+
  8. The Hartford – A+
  9. Allstate – A+
  10. 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 StMiami, FL 33155(305) 266-1700

E and L Insurance Services
1241 SW 27th AveMiami, FL 33135(888) 700-4049

Unbeatable Homeowners Insurance Agency
90 SW 3rd StMiami, FL 33130(239) 689-1025

Estrella Insurance #114
8615 Biscayne BlvdMiami, FL 33138(305) 757-5900

Exclusive Insurance Agency Inc.
7175 SW 8th St #203Miami, 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.

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.