Who Has the Cheapest Auto Insurance Rates for Drivers Under 25 in Miami?

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The make and model of vehicle you are seeking coverage for is a large factor when quoting the best cheap auto insurance for drivers under 25. Vehicles with lots of speed or power, a lack of modern safety features, or a track record of large liability claims will cost substantially more to insure than more economical and safe models. The next table outlines insurance prices for the most cost-effective automobiles to insure.

Cheapest Vehicles to Insure in Miami, FL
Make and Model Estimated Cost for Full Coverage
Honda CR-V EX 2WD $7,750
Honda Accord EX-L 4-Dr Sedan $8,440
Ford Escape Limited 4WD $8,450
Toyota Prius $8,556
Ford Explorer XLT 2WD $8,623
Jeep Wrangler Rubicon 4WD 2-Dr $8,632
Dodge Grand Caravan SE $8,623
Ford F-150 XL Crew Cab 4WD $8,740
Ford Focus S 4-Dr Sedan $9,087
Toyota Tacoma 2WD $9,095
Volkswagen Jetta 2.0T Station Wagon $9,129
Jeep Grand Cherokee Laredo 2WD $9,200
Toyota RAV4 Limited 4WD $9,206
Chevrolet Equinox LS AWD $9,200
Honda Civic VP 4-Dr Sedan $9,660
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Table data represents single male driver age 20, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Florida minimum liability limits. Discounts applied include claim-free, and safe-driver. Prices do not factor in Miami, FL location which can influence insurance rates substantially.

Based on these rates, you can presume that vehicles like the Honda CR-V, Honda Accord, and Ford Escape will definitely be the most budget-friendly vehicles to insure for drivers age 25 and younger. Prices will be higher anyway just due to the fact that there is more exposure for drivers under 25, but overall those makes and models will have the lowest insurance rates possible.

For drivers age 25 and younger, one of the big criteria that help determine insurance cost is where your car is garaged in Miami. Regions with more people or even just more weather-related claims likely pay more, whereas more rural areas have the benefit of cheaper auto insurance prices.

The information below lists the most expensive areas in Florida for drivers under 25 to purchase car insurance in. Miami ranks #3 with an annual cost of $3,145 for the average insurance policy, which is approximately $262 per month.

How much does auto insurance cost in Miami?
Rank City Annual Premium
1 Hialeah $3,630
2 Miami Gardens $3,277
3 Miami $3,145
4 Miami Beach $3,013
5 Miramar $2,709
6 West Palm Beach $2,599
7 Pompano Beach $2,595
8 Fort Lauderdale $2,576
9 Coral Springs $2,574
10 Hollywood $2,552
11 Tampa $2,532
12 Davie $2,523
13 Pembroke Pines $2,481
14 Brandon $2,368
15 St. Petersburg $2,263
16 Clearwater $2,194
17 Spring Hill $2,102
18 Orlando $2,069
19 Jacksonville $1,980
20 Port St. Lucie $1,916
21 Lakeland $1,845
22 Cape Coral $1,841
23 Palm Bay $1,786
24 Tallahassee $1,731
25 Gainesville $1,646
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Table data uses comparative as the specific garaging location can impact prices considerably.

Choosing the best insurer is difficult considering how many different insurance companies sell coverage in Miami. The ranking data listed below can help you decide which car insurance companies to look at purchasing from. The rankings below are only made up of large nationwide companies, so companies that may only write in Florida are not factored into the list.

Top 15 Car Insurance Companies for Drivers Under 25 in Florida
Company Value Customer Service Claims Customer Satisfaction A.M Best Rating Overall Score
Travelers 93 98 99 88% A++ 95.1
USAA 83 99 100 91% A++ 94.1
Mercury Insurance 97 96 88 89% A+ 93.4
AAA Insurance 91 95 92 90% A 93.3
Nationwide 85 95 97 89% A+ 92.4
Allstate 77 100 97 88% A+ 90.7
State Farm 80 94 96 88% A++ 90.6
The Hartford 88 93 91 87% A+ 90.4
Safeco Insurance 91 95 85 88% A 90.2
Progressive 88 94 83 88% A+ 90.1
American Family 91 86 95 83% A 89.7
Esurance 86 90 94 90% A+ 89.5
The General 86 93 89 84% A- 88.2
GEICO 79 89 95 87% A++ 87.8
Titan Insurance 86 82 92 86% A+ 86.5
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Data Source: Insure.com Best Car Insurance Companies

Impact of violations and accidents on rates in Miami

In a perfect world, the ideal way to maintain the best car insurance premiums for drivers age 25 and younger is to drive safe and have a clean driving record. The illustration below illustrates how violations and accidents raise insurance rates for each age group. The costs are based on a married male driver, full coverage, $100 deductibles, and no discounts are taken into consideration.

In the chart above, the average cost of auto insurance in Florida per year with no accidents or violations is $2,039. Get one speeding ticket and the average cost swells to $2,338, an increase of $300 each year. Then throw in one accident along with the one speeding ticket and the yearly cost of car insurance for drivers under 25 jumps again to an average of $3,188. That's an increase of $1,149, or $96 per month, just for a couple of infractions!

Types of discounts on Miami car insurance

Save on car insurance for drivers age 25 and younger in MiamiInsurers that offer coverage for drivers under 25 may provide price discounts that can lower rates by 35% or more if you meet eligibility requirements. Companies and some of the discounts can be found below.

The diagram below visualizes the comparison of car insurance rates with and without some available policy discounts. The rates are based on a female driver, no claims or violations, Florida state minimum liability limits, comp and collision included, and $100 deductibles.

The first bar for each age group shows premium with no discounts. The lower bar shows the rates with continuous coverage, vehicle safety, good student, paperless filing, paid-in-full, and anti-theft discounts applied. In this example, theamount saved on car insurance for drivers under 25 is 21% or $478.