Florida law mandates car insurance for drivers, and has some of the toughest penalties if caught driving without coverage. If caught, Florida may suspend your driver’s license and registration, with additional fines possible up to $500.00; thus it is vitally important that drivers find an affordable, trustworthy auto insurer they can rely on.
Our Florida car insurance calculator is an effective tool that will allow you to estimate how much coverage will cost and determine whether a policy meets your needs. It takes into account factors like location, age, driving record and credit score as well as providing average rates in your area for full coverage policies – helping narrow down options by showing average premiums with excellent customer service and cost.
Florida car insurance costs depend on many different factors, but your driving history and any accidents or violations will have the greatest effect on premiums. Even after an incident or DUI arrest has taken place, however, it may still be possible to save money by shopping around and looking for discounts.
Vehicle type and model also play a part in your premium payment; certain models of cars tend to cost more to repair or be stolen more frequently, resulting in higher insurance premiums. Still, it is worthwhile researching all your options as there may be ways of finding cheap car insurance policies in Florida for any car type.
One key factor in the cost of your Florida car insurance policy is whether or not teen drivers are included on it. Insurance providers consider teenage drivers riskier than older ones, so adding one could cause your premiums to skyrocket up to 2.6x according to MoneyGeek.
MoneyGeek found that credit scores play a major part in determining the cost of Florida car insurance premiums. Florida drivers with good or excellent credit tend to pay lower premiums compared to those with poorer scores; so if you’re searching for affordable coverage in Florida, increasing your credit score may have an effect.
Florida requires minimum coverage limits of $10,000 for personal injury protection and $10,00 in property damage liability per accident, though higher coverage limits are usually recommended to cover medical and repair bills after an accident regardless of who caused it. Also consider uninsured/underinsured motorist coverage to provide added peace of mind against drivers without adequate or any liability coverage at all.