You have money questions. Bankrate has answers. Our experts have been helping you master your money for over four decades. We continually strive to provide consumers with the adept advice and tools needed to succeed throughout life ’ s fiscal journey. Bankrate ’ s column team writes on behalf of YOU – the reader. Our goal is to give you the best advice to help you make smart personal finance decisions. We follow stern guidelines to ensure that our column capacity is not influenced by advertisers. Our editorial team receives no direct recompense from advertisers, and our subject is thoroughly fact-checked to ensure accuracy. thus, whether you ’ re reading an article or a reappraisal, you can trust that you ’ re getting credible and reliable data. We prize your trust. Our mission is to provide readers with accurate and indifferent information, and we have column standards in place to ensure that happens. Our editors and reporters thoroughly fact-check column message to ensure the data you ’ re reading is accurate. We maintain a firewall between our advertisers and our column team. Our column team does not receive direct recompense from our advertisers. Bankrate follows a stern column policy, so you can trust that we ’ ra putting your interests first. Our award-winning editors and reporters create honest and accurate message to help you make the right fiscal decisions. All providers discussed on our web site are vetted based on the value they provide. And we constantly review our criteria to ensure we ’ ra putting accuracy beginning. Our policy team is composed of agents, data analysts, and customers like you. They focus on the points consumers care about most — price, customer service, policy features and savings opportunities — so you can feel confident about which supplier is right for you. Bankrate follows a rigid editorial policy, so you can trust that we ’ ra putting your interests foremost. All of our capacity is authored by highly dependent professionals and reviewed by subject matter experts, who ensure everything we publish is aim, accurate and desirable of your trust. Founded in 1976, Bankrate has a long track record of helping people make smart fiscal choices. We ’ ve maintained this repute for over four decades by demystifying the fiscal decision-making march and giving people confidence in which actions to take next. While we adhere to strict editorial integrity, this military post may contain references to products from our partners. here ‘s an explanation for how we make money. This content is powered by HomeInsurance.com ( NPN : 8781838 ). For more information, please see our Insurance disclosure. Florida is one of the most expensive states for car insurance. According to Bankrate’s 2021 study of quoted annual premiums, the average driver pays $3,314 for full coverage insurance and $1,544 for minimum coverage insurance annually in Miami. It makes Florida one of the most expensive states for car insurance, which may not come as such a surprise given the extreme upwind and many uninsured drivers in the Sunshine State. however, it is potential to find low-cost rates. To find the best car insurance in Texas, our column team regularly reviews coverage options, price, discounts, and third-party ratings. Based on these factors and more, this is the best bum car insurance in Miami for 2022 .
Best car insurance companies in Miami
The best car insurance companies in Miami for 2022 are Geico, State Farm, Progressive and Allstate. These companies were selected for their low-cost premiums, third-party ratings, fiscal forte scores, discount rate options, policy offerings and customer service reviews .
| Insurance company | J.D. Power customer satisfaction score | Average annual premium for minimum coverage | Average annual premium for full coverage |
|---|---|---|---|
| Allstate | 851 / 100 | $1,546 | $3,170 |
| Geico | 846 /100 | $995 | $2,268 |
| Progressive | 834 / 100 | $1,820 | $3,449 |
| State Farm | 826 / 100 | $1,488 | $2,641 |
Allstate
Allstate was rated as the best car policy party in Florida for overall customer satisfaction in J.D. Power ’ south 2021 U.S. Auto Insurance Study. Allstate is the most expensive supplier on our list, with an average full coverage premium of $ 3,170, but the higher cost is still lower than the country median and might be worth it for some drivers. Allstate offers a variety show of accessory coverages and discounts, and it has a disappearing deductible program that lowers your premium by $ 100 for each claims-free year, up to $ 500. Learn more: Allstate Insurance review
Geico
Geico is a popular insurance provider for drivers who want to pay the lowest rate possible. In Miami, the average full moon coverage policy from Geico costs $ 2,268, which is over $ 1,500 less than Miami ’ second average rate. In accession to cheap premiums, Geico besides offers a variety show of discounts for far savings. Additional coverage options include hand brake road service, rental reimbursement, and mechanical dislocation policy. Learn more: Geico Insurance recapitulation
Read more: Low Cost Auto Insurance – Atlanta, Georgia
Progressive
progressive ’ mho car policy policies are slenderly more expensive in Miami. The average full coverage policy costs $ 3,449 per year, which is silent lower than Miami ’ south average rate. however, Progressive is a great option for drivers who want customizable coverage options. With Progressive, you can enhance your policy with wayside aid, custom parts coverage, rideshare indemnity and more. Learn more: Progressive Insurance review
State Farm
express grow is a well-known insurance supplier, and many Miami drivers trust on the company for their indemnity needs. The average wax coverage policy from State Farm costs $ 2,641, but drivers can apply respective discounts to get a lower rate or enroll in safe driver reward programs. State grow does not offer many accessory coverages, but it does have several on-line tools and a highly-rated fluid app. Learn more: State Farm Insurance follow-up
Cheapest car insurance in Miami
car indemnity in the express of Florida is expensive, particularly compared to the national average rate. The median cost of car insurance in Florida pays $ 3,314 per annum for entire coverage insurance, which is importantly cheaper than Miami ’ mho average rate. But based on our research, Allstate, Geico, Progressive, and State Farm offer cheaper policies than what the average driver pays in Miami. MetLife ’ sulfur coverage is more expensive, but the provider offers lots of discounts to bring the bounty down, including policy bunch .
| Insurance Company | Average Annual Premium for Minimum Coverage | Average Annual Premium for Full Coverage |
|---|---|---|
| Geico | $788 | $2,140 |
| Allstate | $1,135 | $3,557 |
| State Farm | $1,275 | $2,621 |
| Progressive | $1,526 | $3,425 |
| MetLife | $1,545 | $5,061 |
The mesa above includes the cheap car policy rates from the most popular carriers based on market share. however, the cheapest policy company is not necessarily the best insurance company. These five providers have pros and cons and may not be effective options for every driver in Miami. For example, Geico and State Farm only have a handful of coverage options. Drivers that want to customize their coverage should look at Allstate or Progressive alternatively. Geico is the alone indemnity caller that offers a military discount rate, so miami residents in the armed forces might prefer Geico over early companies. additionally, drivers who want to get a quote on-line should not look at MetLife. It is the only company on our list that does not offer instant rates online .
Miami insurance requirements
car policy is legally required in Miami. Florida is a no-fault country, which means every driver must carry no-fault car policy. No-fault cable car insurance includes : Bodily injury indebtedness is not required in Florida but drivers do have to prove their ability to pay for damages under the “ fiscal duty law. ” If a driver does purchase car insurance to satisfy the law, the minimum requirements are :
- $10,000 bodily injury liability per person
- $20,000 bodily injury liability per accident
Uninsured motorist coverage must be offered but can be declined in compose. Purchasing no-fault car indemnity alone means you could pay a lower price. however, drivers in Miami should consider purchasing more coverage than what is legally required. For model, no-fault car indemnity will not cover your vehicle ’ south damages after an accident or pay to replace a steal vehicle. Full coverage car insurance is more expensive, but it offers significantly more protection .
Car insurance discounts in Miami
even though car policy in Miami can be expensive, there are ways to lower your premium. Most cable car indemnity providers offer discounts that can help save money. One thing to consider is how the make and model of the fomite determine premiums. Some of the best car policy discounts in Miami include :
- Car safety features: Cars with safety features like anti-lock brakes and an anti-theft system are less likely to have a claim. If your car has these features, your insurance company might give you a discount on your collision or comprehensive policy.
- Good student: College or teen students that maintain a minimum GPA or have a stellar report card can often qualify for a discount on their car insurance policy.
- Reducement mileage: The less you drive, the less likely you are to get into an accident. Many insurance companies offer discounted rates for infrequent drivers.
- Pay in full: Paying your annual car insurance premium upfront and in full usually means you can get a small discount on your policy.
Frequently asked questions
What is the best car insurance company?
There are thousands of cable car insurance companies on the grocery store, but there is not one company that is the best for every driver. For exercise, some companies are adept for drivers who want a broken pace, and others are good for drivers who want customizable coverage .
How much does car insurance in Miami cost?
The average driver in Miami pays $ 3,314 for entire coverage insurance and $ 1,544 for minimum coverage policy. But keep in mind that indemnity rates vary on specific rate factors, such as your age, gender, credit rating seduce ( in most states ), claims history, the type of car you drive, and more .
How much car insurance do I need in Miami?
Drivers in Miami are merely required to carry no-fault policy, including $ 10,000 in Personal Injury Protection ( PIP ) and $ 10,000 in Property Damage Liability coverage. however, Miami drivers should consider purchasing full moon coverage car indemnity, which includes damage security for their vehicle .
What makes up full coverage car insurance?
While minimal indebtedness carries precisely the basic want coverage, full coverage cable car indemnity gives you far more protection. Full coverage car indemnity typically includes comprehensive examination and collision indemnity. however, it can besides include other types of car insurance coverage, like uninsured motorist, underinsured motorist and personal injury protective covering ( PIP ) coverage.
Read more: Low Cost Auto Insurance – Atlanta, Georgia
Methodology
Bankrate utilizes Quadrant Information Services to analyze 2021 rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Quoted rates are based on a 40-year-old male and female driver with a cleaning drive record, good credit and the following full coverage limits :
- $100,000 bodily injury liability per person
- $300,000 bodily injury liability per accident
- $50,000 property damage liability per accident
- $100,000 uninsured motorist bodily injury per person
- $300,000 uninsured motorist bodily injury per accident
- $500 collision deductible
- $500 comprehensive deductible
To determine minimal coverage limits, Bankrate used minimal coverages that meet each state ’ second requirements. Our sample drivers own a 2019 Toyota Camry, commute five days a workweek and drive 12,000 miles per annum. These are sample rates and should be used for comparative purposes only. Your quotes may be unlike .