Would you like an easy way to compare more affordable auto insurance rates in Palm Bay, FL? If price shopping Palm Bay auto insurance quotes online is new to you, by this point your are probably bewildered by the confusing number local agents and online companies that all promise the best rates.

A recent auto insurance study discovered that the vast majority of consumers have purchased from the same company for a minimum of four years, and approximately 38% of consumers have never even compared rates from other companies. Many consumers in Florida could save almost 55% each year just by comparing rates, but most just don't grasp the actual amount they would save if they switched to a cheaper policy.

It's a good idea to do price comparisons before your policy renews due to the fact that insurance prices are constantly changing. Just because you found the lowest rates on auto insurance a few years ago other companies may now be cheaper. Forget all the misinformation about auto insurance because we're going to demonstrate the proper way to find great coverage at a great price.

Locating the best insurance company for you in Palm Bay is actually not that difficult if you follow our advice. If you already have coverage, you will definitely be able to find better prices using the concepts covered in this article. Although Florida vehicle owners can benefit by having an understanding of the way companies determine premium rates and use it to your advantage.

Cheapest auto insurance companies in Palm Bay

The auto insurance companies shown below are our best choices to provide price comparisons in Florida. If multiple companies are listed, we recommend you visit as many as you can to find the cheapest auto insurance rates.

Insurance Estimates for Popular Vehicles in Palm Bay
Make, Model, and Trim Level Annual Policy Premium 6-month Policy Premium Monthly Premium
Chevrolet Equinox LS 2WD $1,258 $629 $105
Chevrolet Impala LS $1,378 $689 $115
Chevrolet Silverado LTZ Crew Cab 4WD $1,570 $785 $131
Dodge Grand Caravan CV $1,154 $577 $96
Dodge Ram Crew Cab Sport 2WD $1,946 $973 $162
Ford Edge SEL AWD $1,378 $689 $115
Ford Escape XLT 2WD $1,224 $612 $102
Ford Explorer Eddie Bauer AWD $1,666 $833 $139
Ford F-150 STX Regular Cab 2WD $1,154 $577 $96
Ford Focus S 4-Dr Sedan $1,094 $547 $91
Honda Accord LX-P 4-Dr Sedan $1,400 $700 $117
Honda CR-V LX 4WD $1,346 $673 $112
Honda Civic LX 4-Dr Sedan $1,140 $570 $95
Jeep Grand Cherokee Laredo 4WD $1,408 $704 $117
Nissan Altima 3.5 SR 4-Dr Sedan $1,042 $521 $87
Toyota Camry XLE $1,912 $956 $159
Toyota Corolla XRS $1,560 $780 $130
Toyota Tacoma 2WD $1,144 $572 $95
Get Your Own Custom Quote Go

Data based on married male driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Florida minimum liability limits. Discounts applied include claim-free, safe-driver, homeowner, multi-policy, and multi-vehicle. Estimates do not factor in your specific Palm Bay location which can change auto insurance rates noticeably.

Palm Bay insurance premiums by gender and age

The chart below shows the difference between insurance prices for male and female drivers in Palm Bay. The premiums assume no claims or violations, comprehensive and collision coverage, $250 deductibles, marital status is single, and no additional discounts are factored in on a Ford Fusion Sport AWD.

Ford Fusion rates are for example purposes only. To get rate quotes for your specific vehicle, click here.

Palm Bay auto insurance costs are influenced by these factors

Lots of things are part of the calculation when you get your auto insurance bill. Most are fairly basic such as your driving history, but others are more transparent like your vehicle usage or your financial responsibility. An important part of buying insurance is that you know a few of the rating criteria that aid in calculating auto insurance rates. When consumers understand what positively or negatively impacts your premiums, this allows you to make good choices that could result in cheaper rates.

The following are some of the things that factor into rates.

Slash rates with these discounts on insurance

Companies offering auto insurance don't always publicize all available discounts in a way that's easy to find, so the list below gives a summary of a few of the more common and also the lesser-known insurance savings.Discount insurance

Just know that some of the credits will not apply to the entire cost. Some only apply to specific coverage prices like medical payments or collision. Even though the math looks like you would end up receiving a 100% discount, companies wouldn't make money that way.

Large insurance companies and their possible discounts are outlined below.

When quoting, ask all companies you are considering how you can save money. Some discounts may not be available in Palm Bay. To find insurance companies that provide some of the discounts listed above in Florida, follow this link.

What if I want to buy from local Palm Bay insurance agencies?

Many drivers would rather sit down with an agent and often times that is recommended The biggest benefit of getting online price quotes is the fact that you can find lower rates and still buy from a local agent.

Insurance agents in Palm BayTo find an agent, once you fill out this form (opens in new window), the quote information is immediately sent to participating agents in Palm Bay that can provide free Palm Bay auto insurance quotes for your coverage. You won't even need to contact any agents because prices are sent to you directly. Get lower rates without having to waste a lot of time. If you want to compare prices from a specific auto insurance provider, you would need to jump over to their website and complete a quote there.

Selecting an insurance company requires you to look at more than just a cheap price. Here are some questions you might want to ask.

Exclusive agents vs. Independent agents

If you are searching for a reputable agency, it's helpful to know the different agency structures that you can choose from. Agents in Palm Bay can be described as either independent (non-exclusive) or exclusive.

Exclusive Auto Insurance Agents

These agents can only quote rates from one company and some examples include Farmers Insurance, American Family, State Farm and Allstate. These agents are unable to compare rates from other companies so they really need to provide good service. These agents are very knowledgeable on what they offer which helps them compete with independent agents. Some consumers prefer to buy from exclusive agents mainly due to high brand loyalty instead of buying on price only.

Independent Insurance Agents

Agents that choose to be independent can sell policies from many different companies so they can write business through many companies and help determine which has the cheapest rates. If they find a cheaper price, your agent can just switch to a different company and you don't have to switch agencies.

If you need lower rates, we recommend you get quotes from several independent agencies to ensure the widest selection of prices. Many write coverage with companies that do not advertise much which can be an advantage.

But the ad said I'd save 15% in 15 minutes!

Popular insurance providers such as GEICO, State Farm and Progressive consistently run ads on TV and radio. All the ads make an identical promise about how much you will save after switching your policy. How do they all have lower policy pricing?

Many companies give the best rates for a prospective insured that will most likely be profitable. For instance, this type of insured might be described as between 30 and 50, has a clean driving record, and has a high credit rating. A propective insured that matches those criteria gets the lowest car insurance rates and will also save quite a bit of money when switching.

People who do not fit these criteria will get higher rates which results in business not being written. The ads state "customers who switch" but not "all drivers who get quotes" will save that much if they switch. That is how insurance companies can advertise the way they do. This really illustrates why you should do a rate comparison at every renewal. It's not possible to predict which insurance companies will give you lower car insurance rates than your current company.

How do I know if I need professional advice?

When it comes to proper insurance coverage, there isn't really a one-size-fits-all type of policy. Your needs are unique to you.Safe vehicles cost less to insure

Here are some questions about coverages that might point out if you might need an agent's assistance.

If you can't answer these questions but you think they might apply to your situation, you may need to chat with a licensed agent. If you don't have a local agent, simply complete this short form.

One last thing about your coverage

We just covered a lot of techniques to find cheaper coverage online. It's most important to understand that the more rate comparisons you have, the more likely it is that you will get a better rate. Consumers could even find that the best price on auto insurance is with an unexpected company.

Budget-conscious auto insurance is attainable both online and also from your neighborhood Palm Bay agents, and you need to comparison shop both to have the best selection. Some insurance providers do not provide the ability to get a quote online and most of the time these regional insurance providers prefer to sell through independent agents.

When you buy Palm Bay auto insurance online, it's not a good idea to buy poor coverage just to save money. In many instances, an insured dropped comprehensive coverage or liability limits only to discover later they didn't purchase enough coverage. Your aim should be to buy a smart amount of coverage at the best cost, but don't skip important coverages to save money.

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