In a perfect world, we could simply give you the name of the one auto insurance company that has the rock bottom lowest rates in Florida. It’s not that easy, however, as there are a lot of unknown elements like what level of deductibles you wish to have, the annual mileage you drive, and if you are married or single, that all influence how much you pay for auto insurance. This article will detail these topics and educate you enough to have a good beginning to your quest for cheaper car insurance.
Comparing quotes for low-priced car insurance is hard enough, and figuring out which company quotes the best insurance rates for handicapped drivers requires even more perseverance.
Each insurer uses slightly different criteria for filing rates in each state, so let’s rank the most affordable insurance companies in Miami, FL.
Find the Cheapest Car Insurance in Florida
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | USAA | $977 |
| 2 | Electric | $1,694 |
| 3 | Amica | $1,764 |
| 4 | Progressive | $1,847 |
| 5 | Travelers | $1,888 |
| 6 | Mercury | $1,914 |
| 7 | Allied | $1,985 |
| 8 | Esurance | $2,020 |
| 9 | State Farm | $2,110 |
| 10 | Auto-Owners | $2,149 |
| 11 | GEICO | $2,150 |
| 12 | 21st Century | $2,373 |
| 13 | Allstate | $2,388 |
| 14 | Windhaven Insurance | $2,549 |
| 15 | MetLife | $2,870 |
| 16 | Hanover | $2,964 |
| 17 | Safeco | $3,016 |
| 18 | Liberty Mutual | $3,039 |
| 19 | United Automobile | $3,422 |
| 20 | Direct General | $3,902 |
| Get Personalized Rates Go | ||
USAA normally has some of the most affordable car insurance rates in Miami at around $977 per year. Electric, Amica, Progressive, and Travelers also qualify as some of the most economical Miami, FL car insurance companies.
As shown in the table above, if you are insured with Electric and switched to USAA, you might realize annual savings of in the vicinity of $717. Insureds with Amica might save as much as $787 a year, and Progressive policyholders might reduce prices by as much as $870 a year.
To get a quick, customized rate comparison, click here to get quotes or visit several of the following companies.
Be aware that those estimates are averages across all types of drivers and the different vehicles they drive and are not factoring in a specific vehicle garaging location for handicapped drivers. So the company that can offer the best rates for your situation may not even be in the list above. That helps illustrate why you need to get rate quotes from many companies using your own personal information and vehicle type.
For drivers with handicaps, one of the more important factors that are looked at to determine the cost of insurance is where you call home. Cities with larger populations or higher claim trends tend to pay slightly more, whereas areas with lower vehicle theft rates and fewer weather claims can boast about having cheaper rates.
The next table shows the most expensive cities in Florida for handicapped drivers to purchase a policy in. Miami shows up at #3 with an annual cost of $3,145 for the average policy, which is about $262 per month.
| Rank | City | Annual Premium |
|---|---|---|
| 1 | Hialeah | $3,595 |
| 2 | Miami Gardens | $3,277 |
| 3 | Miami | $3,145 |
| 4 | Miami Beach | $2,953 |
| 5 | Miramar | $2,629 |
| 6 | Pompano Beach | $2,620 |
| 7 | West Palm Beach | $2,599 |
| 8 | Fort Lauderdale | $2,550 |
| 9 | Davie | $2,548 |
| 10 | Tampa | $2,532 |
| 11 | Hollywood | $2,526 |
| 12 | Coral Springs | $2,474 |
| 13 | Pembroke Pines | $2,431 |
| 14 | Brandon | $2,368 |
| 15 | St. Petersburg | $2,219 |
| 16 | Clearwater | $2,172 |
| 17 | Spring Hill | $2,123 |
| 18 | Orlando | $2,008 |
| 19 | Jacksonville | $1,980 |
| 20 | Port St. Lucie | $1,975 |
| 21 | Cape Coral | $1,917 |
| 22 | Lakeland | $1,845 |
| 23 | Palm Bay | $1,803 |
| 24 | Tallahassee | $1,731 |
| 25 | Gainesville | $1,680 |
| Find Cheaper Rates Go | ||
Prices are estimated as vehicle location can influence insurance rates substantially.
The vehicle requiring insurance is one of the primary factors when shopping for the best coverage for handicapped drivers. Vehicles with more horsepower, poor safety ratings, or a track record of large liability claims will cost significantly more to insure than more economical and safe models. The next table showcases car insurance premiums for some of the most economical automobiles to insure in Florida.
| Make and Model | Estimated Cost for Full Coverage |
|---|---|
| Hyundai Elantra GLS Touring Station Wagon | $2,759 |
| Ford Explorer XLT 2WD | $3,093 |
| Honda CR-V LX 4WD | $3,115 |
| Ford Escape XLS 2WD | $3,125 |
| Ford Focus SE 4-Dr Sedan | $3,209 |
| Dodge Grand Caravan Hero | $3,269 |
| Ford Edge SE 2WD | $3,310 |
| Toyota Prius | $3,358 |
| Honda Civic EX 4-Dr Sedan | $3,385 |
| Honda Odyssey EX-L W/Navigation | $3,445 |
| Toyota Corolla LE | $3,453 |
| Nissan Rogue SL 2WD | $3,501 |
| Nissan Altima 3.5 SR 4-Dr Sedan | $3,508 |
| Ford Fusion Sport 4-Dr Sedan | $3,513 |
| GMC Sierra SLE Regular Cab 2WD | $3,576 |
| Compare Rates Now Go | |
Table data assumes single male driver age 40, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Florida minimum liability limits. Discounts applied include multi-vehicle, claim-free, homeowner, safe-driver, and multi-policy. Rates do not factor in zip code location which can influence price quotes noticeably.
Looking at the rates, we can assume that makes and models like the Hyundai Elantra, Ford Explorer, and Honda CR-V are likely to be some of the most budget-friendly vehicles to insure for drivers with handicaps.
Responsible drivers pay cheaper Miami insurance rates
The obvious way to snag the cheapest insurance rates in Miami for drivers with handicaps is to be a safe driver and avoid traffic citations and accidents. The chart below highlights how traffic violations and accident claims raise insurance rates for different age categories. The information is based on a married male driver, full coverage, $100 deductibles, and no additional discounts are factored in.
The data above shows the average cost of an auto insurance policy in Florida per year with a clean driving record and no accidents is $2,039. Receive two speeding tickets and the average cost hikes up to $2,821, an increase of $783 each year. Next add one accident along with the two speeding tickets and the annual cost of insurance for handicapped drivers goes up to an average of $3,604. That’s an increase of $1,565, or $130 per month, just for not keeping your driving record clean!
Types of discounts on Miami insurance rates
Insurance companies that provide policies for handicapped drivers could also offer price discounts that can lower rates by as much as 30% if you are eligible for them. Large insurance companies and their offered discounts can be found below.
- Progressive discounts include online signing, homeowner, multi-policy, continuous coverage, and online quote discount.
- SAFECO has savings for anti-theft, bundle discounts, accident prevention training, safe driver, and teen safety rewards.
- American Family offers discounts including mySafetyValet, Steer into Savings, air bags, good driver, good student, and accident-free.
- MetLife may include discounts for multi-policy, good student, good driver, defensive driver, and claim-free.
- GEICO may have discounts that include seat belt use, military active duty, good student, federal employee, five-year accident-free, and multi-vehicle.
- The Hartford includes discounts for defensive driver, vehicle fuel type, driver training, good student, bundle, air bag, and anti-theft.
The example below illustrates the comparison of insurance prices with and without policy discounts. Data assumes a female driver, no claims or driving violations, Florida state minimum liability limits, full physical damage coverage, and $500 deductibles.
The first bar for each age group shows the average annual price with no discounts. The second shows the rates with homeowner, safe-driver, defensive driving course, accident-free, passive restraint, and vehicle safety discounts applied. When discounts are applied, the average savings per year on insurance for handicapped drivers is 28% or $698.
The diagram below demonstrates how deductibles can raise or lower yearly insurance costs when researching cheap insurance for handicapped drivers. The data is based on a married female driver, comprehensive and collision coverage, and no discounts are factored in.
As shown above, a 50-year-old driver could lower rates by $340 a year by switching from a $100 deductible up to a $500 deductible, or save $514 by changing to a $1,000 deductible. Younger drivers, such as the 20-year-old example, could shave up to $848 annually by choosing larger deductibles on their policy.
When choosing a higher deductible, it is necessary to have spare funds to pay the extra out-of-pocket expense, which is the one shortcoming of high deductibles.
The Miami, FL, insurance agents below can probably help you make a decision which coverages you need, as some drivers wish to get some professional input when comparing insurance rates for drivers with handicaps. It can be time-consuming to find the cheapest rates, so a licensed agent can bring comfort knowing you have enough coverage if you have a claim.
To find a Miami insurance agent in your neighborhood, click the button at the bottom or click here to compare rates now.
- Estrella Insurance #141
3000 NW 36th St – Miami, FL 33142 – (305) 635-6335 - Miami Auto Insurance Agency
3132 NW 7th St – Miami, FL 33125 – (305) 649-1800 - SOL Insurance Agency
1370 W Flagler St – Miami, FL 33135 – (305) 643-2333 - Mario Obregon – State Farm Insurance Agent
6701 Sunset Dr #115 – South Miami, FL 33143 – (305) 661-7667