Car Insurance Rate Quotes for a Honda Civic in Miami

Want a free price quotes on more competitive car insurance rates in Miami, FL? Miami buyers have options when searching for affordable Honda Civic insurance. You can either waste hours struggling with agents to get rate comparisons or leverage the internet to make rate comparisons. There is a better way to compare car insurance rates so we’re going to tell you the best way to quote coverages for a new or used Honda and get the cheapest rates from Miami insurance agents and online providers.

You should make it a habit to compare rates quite often since insurance prices tend to go up over time. Despite the fact that you may have had the lowest rate on Honda Civic insurance in Miami six months ago you will most likely find a better premium rate today. Forget all the misinformation about car insurance because you’re about to find out the fastest and easiest way to reduce your cost while improving coverage.

Most of the larger companies make it easy to get prices from their websites. Comparing prices online for Honda Civic insurance in Miami is fairly simple because it’s just a matter of typing in the amount of coverage you want on the page. Once entered, their rating system automatically retrieves credit information and your driving record and generates pricing information based on many factors.

Being able to quote online for Honda Civic insurance in Miami helps simplify price comparisons, and it’s necessary to perform this step if you want to find cheaper prices.

To get comparison pricing now, visit the companies below or click here to submit a quote request to multiple companies at once. To compare your current rates, we recommend you duplicate deductibles and limits exactly as shown on your declarations page. This ensures you will have comparison quotes based on identical coverages.

The companies shown below are ready to provide comparison quotes in Florida. To buy the best cheap car insurance in Miami, it’s a good idea that you click on several of them in order to get a fair rate comparison.

Analysis of Honda Civic rates

The coverage table displayed next highlights a range of rate quotes for Honda Civic models. Having a better understanding of how insurance prices are figured can be valuable when making smart choices when purchasing an auto insurance policy.

Prices based on single male driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and Florida minimum liability limits. Discounts applied include safe-driver, multi-vehicle, homeowner, claim-free, and multi-policy. Price estimates do not factor in the specific area where the vehicle is garaged which can impact prices considerably.

Should you raise deductibles?

When buying auto insurance, a common question is the level to set your comp and collision deductibles. The tables below can help illustrate the premium difference between high and low physical damage deductibles. The first set of prices uses a $250 deductible and the second price grid uses a $500 deductible.

Table data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Florida minimum liability limits. Discounts applied include homeowner, multi-vehicle, safe-driver, multi-policy, and claim-free. Price information does not factor in specific garaging location which can modify prices greatly.

We can estimate from the data above that using a $250 deductible costs roughly $17 more each month or $204 annually than requesting the higher $500 deductible. Since you would pay $250 more out-of-pocket with a $500 deductible as compared to a $250 deductible, if you normally average at least 15 months between claims, you would probably be better off if you choose the higher deductible.

One important issue to know is that higher deductibles means you will have to pay more out-of-pocket when you have to file a claim. You will want to have enough money in the bank in the event you need to pay the deductible.

The example below demonstrates how choosing different deductibles and can raise or lower Honda Civic insurance premiums for different age groups. The rate quotes are based on a married male driver, full coverage, and no policy discounts are applied.

Liability only or full coverage

The diagram below shows the comparison of Honda Civic insurance costs with full physical damage coverage compared to only buying the minimum liability limits required in Florida. The data is based on a clean driving record, no claims, $100 deductibles, single status, and no discounts are applied to the premium.

When to eliminate full coverage

There is no definitive guideline for excluding physical damage coverage, but there is a general convention. If the yearly cost of full coverage is more than 10% of the settlement you would receive from your company, then it’s probably a good time to buy liability coverage only.

For example, let’s pretend your Honda Civic claim settlement value is $9,000 and you have $1,000 policy deductibles. If your vehicle is totaled in an accident, the most your company will settle for is $8,000 after paying the physical damage deductible. If it’s costing in excess of $800 annually for full coverage, then it may be the right time to buy liability only.

There are some situations where dropping physical damage coverage is not a good idea. If you haven’t paid off your loan, you have to keep full coverage in order to prevent your loan from defaulting. Also, if you don’t have enough money to buy a different vehicle if your current one is totaled, you should not buy liability only.

You Can Change Your Insurance Prices

Many factors are part of the calculation when you get a price on insurance. A few of the factors are predictable such as traffic violations, although others are not as apparent such as whether you are married or your financial responsibility. An important part of buying insurance is that you know some of the elements that help determine the price you pay for auto insurance. When you understand what positively or negatively impacts your premiums, this enables informed choices that can help you get big savings.

• Where do you drive? – The higher the miles on your Honda each year the more it will cost to insure it. Most insurance companies price each vehicle’s coverage partially by how you use the vehicle. Cars and trucks not used for work or commuting can get a lower rate than those used for commuting. Having the wrong rating on your Civic is just wasting money. Double check that your policy correctly shows how each vehicle is driven.

• Careless driving leads to higher rates – Being a careful driver can have a huge impact on auto insurance premiums. Attentive drivers pay lower auto insurance prices compared to drivers with tickets. Only having one moving violation can increase rates to the point where it’s not affordable. Drivers who have gotten severe violations like hit and run, DWI or reckless driving convictions are required to maintain a SR-22 with their state’s licensing department in order to legally drive.

  The example below illustrates how traffic citations and accidents impact Honda Civic insurance costs for each age group. The rates are based on a married male driver, comp and collision included, $500 deductibles, and no policy discounts are applied.

• Premiums and your address – Living in a small town may provide you with better prices when talking about auto insurance. People who live in big cities tend to have more aggressive driving styles and more time behind the wheel. Fewer drivers on the road corresponds to lower accident rates as well as less vandalism and auto theft.
• Pay lower prices if you’re married – Getting married may cut your premiums on your policy. Having a spouse usually means you are more mature it has been statistically shown that married drivers get in fewer accidents.

• The type of vehicle makes a difference – The type of car you drive makes a substantial difference in determining your rates. Low performance passenger cars generally have the cheapest insurance rates, but the final cost of insurance is determined by many other factors.

  The chart below assumes a married male driver age 40, full coverage with $1000 deductibles, and no discounts or violations. It illustrates Honda Civic policy rates compared to other models that have a range of risk factors.

• Do you qualify for a multi-policy discount? – The majority of companies will award discounts to policyholders who consolidate policies with them such as combining an auto and homeowners policy. Discounts can be ten percent or more. If you currently are using one company, you may still want to compare Honda Civic rates in Miami to guarantee you are still saving the most.

• Gender and insurance coverage rates – The statistics show that females take fewer risks when driving. That doesn’t necessarily mean that women are better drivers. Males and females get in fender benders in similar percentages, but the men get into accidents with more damage. Men also statistically have more aggressive citations like reckless driving and DUI.

  The information below visualizes the comparison of Honda Civic premium costs for male and female drivers. The rate quotes are based on no accidents, no driving violations, comprehensive and collision coverage, $1,000 deductibles, single status, and no additional discounts are factored in.

• Insurance losses for a Honda Civic – Auto insurance companies include the past claim trends for vehicles when they set coverage costs for each model. Vehicles that historically have higher losses will cost more for coverage. The next table illustrates the insurance loss data used by companies for Honda Civic vehicles.

  For each type of coverage, the loss probability for all vehicles as a whole is a value of 100. Percentage numbers below 100 suggest losses that are better than average, while values over 100 point to more losses or a tendency for claims to be larger.

  
  

  Insurance Loss Ratings for Honda Civic Vehicles

  Make and Model	Collision	Property Damage	Comp	Personal Injury	Medical Payment	Bodily Injury
  Honda Civic	92	105	68	127	135	121
  Honda Civic Hybrid	90	85	106	105		78
  Honda Civic Si	126	97	117	124		104

  BETTER

  AVERAGE

  WORSE

  Empty fields indicate not enough data collected
  Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Insurance is not optional in Florida

Even though it’s not necessarily cheap to insure a Honda in Miami, paying for insurance is required by state law in Florida and it also provides benefits you may not be aware of.

• Almost all states have minimum liability requirements which means you are required to buy a minimum amount of liability insurance in order to be legal. In Florida these limits are 10/20/10 which means you must have $10,000 of bodily injury coverage per person, $20,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
• If your Honda has a loan, almost all lenders will require you to buy full coverage to ensure they get paid if you total the vehicle. If you let the policy lapse, the lender may insure your Honda at a much higher rate and force you to pay a much higher amount than you were paying before.
• Insurance preserves not only your car but also your assets. Insurance will pay for many types of medical costs for you, any passengers, and anyone injured in an accident. One policy coverage, liability insurance, also covers all legal expenses up to the policy limit in the event you are sued. If you receive damage to your vehicle caused by a storm or accident, your insurance policy will cover the damage repairs after a deductible is paid.

The benefits of carrying enough insurance definitely exceed the price paid, especially with large liability claims. According to a survey of 1,000 drivers, the average driver is overpaying over $820 a year so you should quote and compare rates at least once a year to save money.

What is the best car insurance company in Florida?

Selecting a high-quality car insurance company can be a challenge considering how many companies there are to choose from in Miami. The information in the lists below may help you pick which car insurance companies to look at purchasing from.

Top 10 Miami Car Insurance Companies Ranked by Customer Satisfaction

1. USAA – 91%
2. AAA Insurance – 90%
3. Esurance – 90%
4. Mercury Insurance – 89%
5. Nationwide – 89%
6. Travelers – 88%
7. Progressive – 88%
8. Safeco Insurance – 88%
9. State Farm – 88%
10. Allstate – 88%

Top 10 Miami Car Insurance Companies by A.M. Best Rank

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+