Compare the Cheapest Car Insurance Quotes in Miami, FL

2022

The Cheapest and Best Car Insurance in Miami

The Cheapest Car Insurance Companies in Miami

The cheapest fully coverage insurance policies in Miami are available from the following two policy companies :

• GEICO: $1,396 per year
• MetLife: $2,047 per year

While USAA provides the city ’ s cheapest full coverage policy quotes at $ 1,103 per year, its policy plans are single to military personnel and their families. GEICO has Miami ’ s cheapest median premium, which is about 150 % lower than the most expensive quote from Mercury for a comparable policy. With a wide coverage indemnity policy, you get multiple coverages, including comprehensive and collision coverages. The premiums for these policies vary according to the level of liability coverage you choose .

Cheapest Car Insurance in Miami

Full Coverage 100/300/100

• company 100/300/100

  per year

• 1 .USAA

  $1,103

• 2 .GEICO

  $1,396

• 3 .MetLife

  $2,047

• 4 .State Farm

  $2,235

• 5 .Allstate

  $2,505

• 6. Allied

  $2,895

• 7 .Progressive

  $2,947

• 8 .Travelers

  $3,220

• 9 .Mercury

  $3,496

MoneyGeek conducted this psychoanalysis by examining the average insurance rates for a 40-year-old male driver protected by a wide coverage indemnity policy. early than indebtedness insurance, full coverage policies contain the be two coverages, which is why they ’ re so expensive :

• Collision Coverage: Covers your car against damages caused by an accident with another vehicle.
• Comprehensive Coverage: Pays for losses caused by non-collision damage like weather events, fire and car theft.

A full moon coverage car insurance policy can be airy for an older car, specially if your premiums add up to more than the car ’ s replacement rate. A express minimum or indebtedness policy coverage may be desirable in this shell .

Compare Car Insurance Rates in Miami

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Cheapest Car Insurance in Miami for Minimum Coverage

In Miami, the cheapest insurance policy is liability-only, which provides the basic minimum of coverage. The follow companies offer the cheapest minimum liability policy in the city, on average :

• GEICO: $638 per year
• MetLife: $1,171 per year

Those from military families are eligible for the city ‘s cheapest quote of $ 450 from USAA. GEICO is $ 1,171 cheaper than Mercury, which quotes an average of $ 1,809 annual for a comparable policy, and is the most expensive. Since minimal coverage policy policies have lower coverage limits, they cost less. In the character of an accident, however, you may be underinsured without comprehensive and collision coverages. The board below shows how increase indebtedness limitations affects insurance rates .

Cheapest Minimum Liability Car Insurance in Miami

submit Minimum

• company State Minimum

  per year

• 1 .USAA

  $450

• 2 .GEICO

  $638

• 3 .MetLife

  $1,171

• 4 .Allstate

  $1,190

• 5. Allied

  $1,258

• 6 .State Farm

  $1,414

• 7 .Travelers

  $1,525

• 8 .Progressive

  $1,671

• 9 .Mercury

  $1,809

Florida ’ south drivers must carry minimal indebtedness policy, which protects up to $ 10,000 in both property damage and personal injury. While this floor of policy is the cheapest in Miami, it besides provides the least come of coverage. You can be burdened with significant fiscal obligations if you ’ re in an accident. For example, if the other driver ’ sulfur total aesculapian bills reach $ 15,000 in an accident, you would be covered for $ 10,000 ; the rest is your duty to pay .

Florida Minimum Liability Requirements

• item description
• property price $ 10,000 for place damage. A more protective flat is 100/300/100 .
• personal Injury Protection $ 10,000 per person .

Cheapest Car Insurance in Miami if You Have Driving Violations

Your car policy premiums will increase if you get a ticket in Miami for a traffic violation, such as rush or driving under the influence ( DUI ). The following are the city ’ s cheapest average policy quotes after normally committed traffic violations :

• Cheapest after a ticket: MetLife, $2,435 per year
• Cheapest after an at-fault accident: GEICO, $1,973 per year
• Cheapest after a DUI: State Farm, $2,436 per year

Although USAA offers the brassy indemnity after these traffic violations, the insurance company ’ second policies are only for military members and their families. finally, you can rebuild your driving record and lower your indemnity rates, regardless of the misdemeanor. In the interim, it ’ s a commodity mind to compare insurance quotes and see who offers the best rates for the coverage you want .

Cheapest Car Insurance in Miami With a Violation

Speeding ticket

• company Speeding Ticket

  per year

• 1 .USAA

  $1,219

• 2 .MetLife

  $2,435

• 3 .State Farm

  $2,436

• 4 .Allstate

  $2,505

• 5 .GEICO

  $2,528

• 6. Allied

  $3,724

• 7 .Progressive

  $4,262

• 8 .Travelers

  $4,422

• 9 .Mercury

  $4,907

Average Cost of Car Insurance in Miami

Miami

$2,593

Florida

$2,208

U.S.

$1,424

The median car insurance in Miami is $ 2,593 per year, which is higher than both the state and national average costs of car indemnity. Drivers living in this city give around 17.4 % more than the state median of $ 2,208 annually. In comparison, this rate is 82 % more than the $ 1,424 average annual premium in the United States.

Personalized Quotes to Get You the Cheapest Car Insurance in Miami

car policy companies in Miami measure risks related to a specific driver using several factors, which include long time, gender, cable car make and model, ZIP code and driving history, among others. For case, in Miami, senior citizens are more probably to get better deals. In Miami, a 70-year-old aged male policyholder with GEICO may have a $ 1,367 annual agio. however, GEICO may offer an 18-year-old male Miami resident an annual agio of $ 3,803. Changes in your personal circumstances, including age, will have an impingement on your car insurance rates. That is why it is best to regularly get individualized quotes from assorted car insurance companies .

Compare Car Insurance Rates in Miami

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The Best Car Insurance Companies in Miami

MoneyGeek evaluated Miami ‘s car policy companies based on their affordability and quality of customer military service. According to our research, the follow companies offer the city ‘s best cable car indemnity :

• Esurance: MoneyGeek score of 95 out of 100
• GEICO: MoneyGeek score of 85 out of 100

USAA came out on exceed in Miami, earning the highest possible score of 100 out of 100. Since the party ‘s policies are restricted to military members and their families, it was not included in our list. MoneyGeek rated the best car policy companies in Miami out of 100 points based on several factors, including customer satisfaction, insurer fiscal constancy and affordability scores from data analytics and consumer news company J. D. Power .
1

USAA

grudge :

100

5/5 Affordability 5/5 Claims Ratings 5/5 User Satisfaction A++ fiscal stability 2

Esurance

grudge :

95

5/5 Affordability 4/5 Claims Ratings 5/5 User Satisfaction

A+ fiscal stability 3

GEICO

score :

85

3/5 Affordability 3/5 Claims Ratings 3/5 User Satisfaction A++ fiscal stability 4

Travelers

score :

85

3/5 Affordability 4/5 Claims Ratings 2/5 User Satisfaction A++ fiscal stability 5

MetLife

score :

82.5

3/5 Affordability 4/5 Claims Ratings 2/5 User Satisfaction A+ fiscal constancy 6

Hartford

sexual conquest :

82.5

2/5 Affordability 5/5 Claims Ratings 2/5 User Satisfaction A+ fiscal stability 7

Liberty Mutual

score :

80

3/5 Affordability 3/5 Claims Ratings 3/5 User Satisfaction A fiscal stability 8

Auto-Owners Insurance Co

score :

80

3/5 Affordability 2/5 Claims Ratings 2/5 User Satisfaction A++ fiscal stability 9

State Farm

score :

77.5

3/5 Affordability 3/5 Claims Ratings 3/5 User Satisfaction A- fiscal stability 10

Nationwide

grade :

77.5

3/5 Affordability 2/5 Claims Ratings 2/5 User Satisfaction A+ fiscal constancy 11

Progressive

score :

75

2/5 Affordability 2/5 Claims Ratings 2/5 User Satisfaction A+ fiscal stability 12

Safeco

score :

75

2/5 Affordability 3/5 Claims Ratings 2/5 User Satisfaction A fiscal stability

Average Cost of Car Insurance by Postal Code

The average car policy rates in Miami vary depending on the ZIP code. The remainder between the cheapest and most expensive rates in the city, based on ZIP code, is $ 435. The most expensive neighborhood, 33165, has an average car indemnity annual agio of $ 2,784. meanwhile, 33157 has the most low-cost average premium of $ 2,349 .

• Zip Code State Minimum

  per year

• 33157

  $2,349

• 33186

  $2,519

• 33175

  $2,719

• 33165

  $2,784

Factors That Impact Insurance Costs in Miami

In addition to individual driver needs and history, location-specific factors like personal injury security coverage requirements and the percentage of uninsured motorists besides contribute to car indemnity rates in Miami. How Miami ranks compared to the 300 most populous cities in the United States can have a significant impingement on agio costs . Most Accidents With Fatalities

48th

/ 300 Most cable car Thefts

166th

/ 300 Most uninsured Motorists by State

1st

/ 50 personal Injury Protection Required Yes Most annual rain

14th

/ 300 Most showery Days

30th

/ 300

Methodology and Assumptions

MoneyGeek ’ s median premium rates for Miami are based on 100/300/100 comprehensive collision coverage with a $ 1,000 deductible for a 40-year-old male driver. The average driver profiled drives a 2010 Toyota Camry LE and has no tickets or accidents on their criminal record. Additional premiums are added based on coverage type, placement and drive phonograph record. Learn more about MoneyGeek ’ randomness data and methodology here. About the writer

Mark Fitzpatrick is a senior content coach with MoneyGeek specializing in insurance. Mark has years of know analyzing the insurance market and creating master inquiry and contented. He graduated from Boston College with a Bachelor of Arts and Johns Hopkins University with a maestro of Arts .

sources

• Florida Highway Safety and Motor Vehicles. “Florida Insurance Requirements.” Accessed June 18, 2020 .