Florida Car Insurance Calculator
Florida is a compulsory car insurance state, meaning all drivers must possess at least personal injury protection (PIP) and property damage liability coverage in order to legally operate on Florida roads. Though this minimum coverage requirement exists, experts often advise drivers to carry full coverage to provide adequate financial protection in the event of a serious car accident. Full coverage policies typically include comprehensive and collision coverage in addition to PIP/PD coverage requirements. While such policies can often be costly and beyond most drivers’ budgets, lenders typically require full coverage if leasing or financing a vehicle.
MoneyGeek’s Florida car insurance calculator aims to assist drivers in understanding the price of insurance more easily by providing a ballpark estimate based on various personal details such as adding a teenage driver to your policy, credit score and coverage levels.
MoneyGeek’s car insurance calculator takes these variables into account to estimate both monthly and yearly costs for Florida auto policies. You can choose your coverage options, and add optional coverage such as roadside assistance, rental reimbursement and towing and labor coverage if desired.
Other factors considered when calculating car insurance rates in Florida include your age, driving record and the make and model of your vehicle. Younger drivers and those with poor driving records tend to incur higher premiums while your make/model can also have an effect as some vehicles are more prone to theft or damage than others.
When searching for car insurance in Florida, be sure to compare quotes from several providers. The ideal car insurers will balance affordability with excellent customer service; an effective place to begin looking is by checking a company’s financial ratings from agencies such as A.M. Best, Fitch, Kroll Bond Rating Agency or Moody’s.
An effective strategy for finding the ideal car insurance in Florida is searching for providers with excellent customer satisfaction records, like State Farm, Geico, Progressive and Allstate. All these providers provide online quote tools which will give you a quote for their policies.