If saving the most money is your goal, then the best way to get discount car insurance rates in Miami is to compare quotes once a year from companies in Florida.
- Take a few minutes and learn about how car insurance works and the things you can change to drop your rates. Many risk factors that cause high rates like accidents, traffic violations, and a bad credit rating can be improved by making minor changes in your lifestyle. Later in this article we will cover more ideas to prevent high rates and earn larger discounts.
- Quote rates from direct, independent, and exclusive agents. Direct and exclusive agents can only give prices from one company like GEICO or Allstate, while independent agents can provide prices for a wide range of companies.
- Compare the new quotes to your current policy to see if switching to a new carrier will save money. If you can save some money, make sure coverage is continuous and does not lapse.
- Tell your current agent or company to cancel your current car insurance policy and submit a signed application and payment to your new agent or company. As soon as you have the new policy, place the new certificate verifying coverage with the vehicle registration.
One key aspect when comparing rates is to try to use the same coverage limits and deductibles on each quote request and and to get price estimates from as many different companies as possible. Doing this helps ensure a fair price comparison and many rates to choose from.
It’s an obvious assumption that car insurance companies don’t want their customers to go rate shopping. People who shop around for the cheapest price will most likely switch to a new company because of the good chance of finding lower rate quotes. Remarkably, a study showed that drivers who compared rates annually saved $865 a year as compared to drivers who never compared prices.
If finding the lowest price for car insurance is the reason you’re here, learning the best way to quote and compare insurance coverage can make it easier for you to save money.
Slash your car insurance rates with discounts
Buying car insurance is not cheap, but you can get discounts that can drop the cost substantially. Many of these discounts will be applied automatically when you purchase, but some need to be inquired about prior to getting the savings.
- Professional Organizations – Participating in a professional or civic organization could earn you a nice discount on your next car insurance statement.
- Federal Government Employee – Federal government employees can save as much as 8% with certain companies.
- Good Student Discount – A discount for being a good student can earn a discount of 20% or more. You can use this discount normally up to age 25.
- Mature Driver Discount – Older drivers could receive reduced rates.
- Discount for Passive Restraints – Options like air bags and/or automatic seat belt systems can get savings of 20% or more.
- College Student – Kids living away from Miami attending college and do not take a car to college could get you a discount.
As is typical with insurance, most of the big mark downs will not be given to the overall cost of the policy. The majority will only reduce the cost of specific coverages such as liability, collision or medical payments. Just because you may think it’s possible to get free car insurance, that’s just not realistic.
The information below shows the comparison of Honda Ridgeline car insurance costs with and without discounts applied to the premium. The data is based on a male driver, no accidents, no driving violations, Florida state minimum liability limits, full physical damage coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, safe-driver, claim-free, multi-policy, multi-car, and marriage discounts applied.
Companies and their possible discounts are detailed below.
- GEICO may offer discounts for membership and employees, federal employee, daytime running lights, anti-lock brakes, seat belt use, driver training, and emergency military deployment.
- Travelers discounts include multi-car, payment discounts, student away at school, IntelliDrive, good student, and continuous insurance.
- Nationwide may have discounts that include anti-theft, defensive driving, multi-policy, business or organization, good student, and Farm Bureau membership.
- Farmers Insurance may include discounts for homeowner, alternative fuel, early shopping, bundle discounts, switch companies, and teen driver.
- Esurance includes discounts for anti-theft, renters, anti-lock brakes, Switch & Save, multi-policy, multi-car, and claim free.
- State Farm offers premium reductions for driver’s education, student away at school, good driver, good student, Drive Safe & Save, and defensive driving training.
- Progressive offers discounts including online signing, continuous coverage, multi-vehicle, homeowner, multi-policy, good student, and online quote discount.
- Mercury Insurance offers discounts for annual mileage, accident-free, location of vehicle, ease of repair, multi-policy, good driver, and type of vehicle.
If you need lower rates, check with all companies you are considering which discounts you may be entitled to. Some discounts listed above may not apply to policies in Miami. To view providers that offer multiple discounts in Florida, click this link.
Just keep in mind that making a lot of price comparisons will increase your chances of finding more affordable rates.
The companies shown below offer price quotes in Miami, FL. If multiple companies are listed, we suggest you visit several of them in order to find the cheapest rates.
Insurance rate breakdown
The data table displayed below covers estimates of prices for Honda Ridgeline models. Learning more about how insurance policy premiums are formulated can help drivers make smart choices when selecting a policy.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Ridgeline RT 4WD||$192||$386||$612||$36||$184||$1,410||$118|
|Ridgeline RTS 4WD||$216||$386||$612||$36||$184||$1,434||$120|
|Ridgeline RTL 4WD||$216||$454||$612||$36||$184||$1,502||$125|
|Ridgeline RTL W/Navigation 4WD||$216||$454||$612||$36||$184||$1,502||$125|
|Get Your Own Custom Quote Go|
Data variables include single female driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Florida minimum liability limits. Discounts applied include multi-vehicle, multi-policy, homeowner, claim-free, and safe-driver. Premium amounts do not factor in specific garaging location which can impact prices substantially.
The information below illustrates how your choice of deductibles and can change Honda Ridgeline insurance premiums for each age group. The price estimates are based on a married female driver, comp and collision included, and no discounts are applied.
How much more does full coverage cost?
The example below compares Honda Ridgeline insurance prices with liability coverage only compared to full coverage. The information is based on no claims, a clean driving record, $100 deductibles, drivers are single, and no additional discounts are factored in.
Are you wasting money on full coverage?
There is no set guideline to stop paying for physical damage coverage, but there is a general guideline. If the annual cost of having full coverage is about 10% or more of the settlement you would receive from your company, then you might consider buying liability only.
For example, let’s pretend your Honda Ridgeline book value is $3,000 and you have $1,000 full coverage deductibles. If your vehicle is totaled, you would only receive $2,000 after paying your policy deductible. If it’s costing you more than $200 annually for comprehensive and collision coverage, then you might want to think about dropping full coverage.
There are a few cases where only buying liability is not advised. If you still owe a portion of the original loan, you are required to maintain full coverage to satisfy the loan requirements. Also, if you can’t afford to buy a different vehicle in the even your car is totaled, you should not eliminate full coverage.
Do I need an insurance agency?
Certain consumers would prefer to talk to a local agent and that is a personal choice. The biggest benefit of getting free rate quotes online is that you can obtain the lowest rates and still have an agent to talk to.
Once you complete this quick form, your coverage information is emailed to local insurance agents in Miami that provide free Miami car insurance quotes for your insurance coverage. There is no reason to drive around since price quotes are sent instantly to you. You can get cheaper insurance rates and an insurance agent to talk to. In the event you want to get a comparison quote from a particular provider, you can always navigate to their website and complete a quote there.
Deciding on an company shouldn’t rely on just a low price. Some important questions to ask are:
- Do they have advanced training designations such as CPCU, AAI, AIC, or CIC?
- What companies can they write with?
- Will you get a loaner vehicle if you car is being repaired?
- Do they offer claims assistance after hours?
- Does the agency have a good rating with the Better Business Bureau?
Two different types of auto insurance agents
If you are wanting to find a local agent, it’s important to understand the different types of agents and how they differ in how they quote coverages. Agents in Miami may be either independent agents or exclusive agents depending on their employer.
Exclusive agencies can usually just insure with one company and some examples include American Family, State Farm, and AAA. Exclusive agents are unable to provide rate quotes from other companies so they really need to provide good service. Exclusive agencies receive extensive training on their company’s products which can be an advantage. Drivers often choose to use a exclusive agent mainly due to the brand legacy and the convenience of having all coverages with one company.
Below is a short list of exclusive insurance agencies in Miami that can give you rate quotes.
- Allstate Insurance: Ramon Balladares
2455 SW 27th Ave #210 – Miami, FL 33145 – (305) 859-8556 – View Map
- Rick Gonzalez – State Farm Insurance Agent
8830 Coral Way – Miami, FL 33165 – (305) 226-3412 – View Map
- GEICO Insurance Agent
8514 SW 8th St – Miami, FL 33144 – (305) 595-2911 – View Map
Independent Agents (or Brokers)
Agents that elect to be independent often have many company appointments so they can write business with a variety of different insurance companies and find you the best rates. If premiums increase, they can switch companies in-house and that require little work on your part.
When comparing rate quotes, you will want to include at least one independent agent to get the best comparison. Most have the option of insuring with mutual insurance companies that many times have cheaper rates.
Shown below are independent agencies in Miami who can help you get comparison quotes.
- Avante Insurance Agency
7490 W Flagler St – Miami, FL 33144 – (305) 648-7070 – View Map
- Del Toro Insurance
3819 NW 7th St – Miami, FL 33126 – (305) 335-8676 – View Map
- GreatFlorida Insurance – Westchester Insurance Agency
8833 Bird Rd – Miami, FL 33165 – (786) 409-2211 – View Map
After getting positive feedback to all your questions as well as a price you’re happy with, it’s a good possibility that you have found an insurance agency that is reputable and can properly service your insurance policy.
Quote more and you will save more
Insureds who switch companies do it for any number of reasons including unfair underwriting practices, lack of trust in their agent, questionable increases in premium and even delays in responding to claim requests. Regardless of your reason for switching companies, switching auto insurance companies can be less work than you think.
Cost effective Honda Ridgeline insurance can be bought both online as well as from insurance agents, so you need to shop Miami car insurance with both to have the best rate selection. Some companies may not provide price quotes online and usually these smaller providers sell through independent agents.
As you go through the steps to switch your coverage, don’t be tempted to skimp on critical coverages to save a buck or two. There are a lot of situations where someone dropped uninsured motorist or liability limits only to regret that the savings was not a smart move. Your strategy should be to buy the best coverage you can find at the best price.
For more information, link through to the articles below:
- Distracted Driving Extends Beyond Texting (State Farm)
- Who Has Cheap Auto Insurance for Business Use in Miami? (FAQ)
- Who Has Cheap Miami Auto Insurance Quotes for 4×4 Vehicles? (FAQ)
- How Much are Miami Car Insurance Quotes for Retired Military? (FAQ)
- Who Has Cheap Miami Car Insurance Rates for Unemployed Drivers? (FAQ)
- Keeping Children Safe in Crashes Video (iihs.org)
- Neck Injury FAQ (iihs.org)
- Coverage Information (Progressive Insurance)
- How Does Hitting a Deer Impact Insurance Rates? (Allstate)