Locating low-cost insurance is tough enough, and finding out which company has the best insurance rates in Miramar will involve even more perseverance. Every car insurance company uses their own calculation to establish rates, so let's take a look at the overall cheapest insurance companies in Miramar.

Cheapest Florida car insurance ranked by price
Rank Company Cost Per Year
1 USAA $977
2 Amica $1,712
3 Electric $1,764
4 Progressive $1,847
5 Travelers $1,869
6 Allied $1,926
7 Mercury $1,992
8 Esurance $2,040
9 GEICO $2,086
10 State Farm $2,131
11 Auto-Owners $2,171
12 Allstate $2,388
13 21st Century $2,469
14 Windhaven Insurance $2,627
15 MetLife $2,900
16 Safeco $2,987
17 Hanover $3,054
18 Liberty Mutual $3,131
19 United Automobile $3,457
20 Direct General $3,902
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USAA offers some of the best car insurance rates in Miramar at around $977 a year. This is $1,471 less than the average premium paid by Florida drivers of $2,448. Amica, Electric, Progressive, and Travelers are also some of the cheaper Miramar, FL auto insurance companies.

As shown in the rates above, if you currently buy coverage from Amica and switched to USAA, you might achieve yearly savings of roughly $735. Florida drivers with Electric might save as much as $787 a year, and Progressive insureds might reduce prices by as much as $870 a year.

These rates are averages across all types of insureds and vehicles and and are not calculated with an exact location in Miramar. So the auto insurance company that can offer the best rates for your situation may not even be in the list above. That underscores the importance of why you need to get rate quotes from many companies using your own driver and vehicle profiles.

One of the more important factors that determine insurance cost is where you live in Miramar. Cities with larger populations or higher claim trends tend to pay slightly more, whereas areas with less people or fewer weather incidents have the benefit of cheaper auto insurance prices.

The following table shows the highest-priced places in Florida to purchase car insurance in. Miramar shows up at #8 with an annual cost of $2,629 for coverage, which is approximately $219 each month.

How much is auto insurance in Miramar, FL?
Rank City Annual Rate
1 Hialeah $3,488
2 Miami Gardens $3,245
3 Miami $3,177
4 Miami Beach $3,013
5 West Palm Beach $2,679
6 Tampa $2,636
7 Hollywood $2,630
8 Miramar $2,629
9 Coral Springs $2,549
10 Davie $2,523
11 Pompano Beach $2,518
12 Fort Lauderdale $2,475
13 Pembroke Pines $2,407
14 Brandon $2,298
15 St. Petersburg $2,219
16 Clearwater $2,172
17 Spring Hill $2,123
18 Orlando $2,029
19 Jacksonville $1,980
20 Port St. Lucie $1,935
21 Lakeland $1,901
22 Cape Coral $1,841
23 Palm Bay $1,803
24 Tallahassee $1,731
25 Gainesville $1,696
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Prices are comparative as the specific geographic location can revise coverage prices greatly.

You are probably paying too much for car insurance

Miramar insurance rates are calculated based on many things which can substantially decrease or increase the cost of coverage. Simply having a birthday, buying another vehicle, or getting a ticket for running a stop sign may generate price changes that can cause some rates to be cheaper than others. Additionally, insurance companies modify pricing every year to ensure their profitability. Significantly higher losses can result in increased rates, while lower claims may result in lower-cost Miramar car insurance rates.

The graph below shows the cheapest car insurance in Miramar, FL for a 35-year-old male driver with no accidents or violations, and great credit. If we estimate rates based on his current risk factors, USAA might quote the lowest car insurance rates in Miramar at $1,529 each year. This is $919 less than the average policy premium paid by Florida drivers of $2,448. Electric, Amica, Progressive, and Travelers are also on the list of the most affordable Miramar, FL auto insurance companies.

Let's now give the driver from above a chargeable claim, less-than-perfect credit, and an imperfect driving record. Since each insurance company has a proprietary method to set their prices, comparing insurance quotes may now show a different set of the cheapest car insurance companies in Miramar as shown below.

USAA now has the best auto insurance rate in Miramar, FL with Allied, State Farm, Auto-Owners, and Esurance also having competitive pricing. This demonstrates why consumers need to take the time to compare rates to find cheap auto insurance quotes in Miramar. Rates consist of many things and can change substantially, so the most affordable company when you bought your policy may now be one of the higher cost companies.

The type of vehicle you are seeking coverage for is one of the biggest factors when shopping for economical coverage in Miramar. Vehicles with limited top-end speed, an excellent safety record, or a low likelihood of liability claims will cost significantly less to insure than adrenaline junky models.

The next list illustrates auto insurance prices for a handful of the most affordable vehicles to buy coverage for.

Cheapest Vehicles to Insure in Miramar, FL
Make and Model Estimated Cost for Full Coverage
Honda Accord LX 4-Dr Sedan $1,977
Honda Odyssey LX $2,175
Toyota Prius $2,191
Chevrolet Equinox LT 2WD $2,344
Chevrolet Malibu LT $2,389
Ford Explorer Limited AWD $2,394
Ford Escape XLT 2WD $2,427
Honda CR-V EX-L 2WD $2,485
Jeep Grand Cherokee Limited 4WD $2,510
Nissan Rogue S AWD $2,514
Dodge Grand Caravan CV $2,546
Ford F-350 XL Crew Cab King Ranch 2WD $2,555
Hyundai Elantra SE Touring Station Wagon $2,638
Toyota Camry Hybrid $2,680
Toyota Tacoma Double Cab 4WD $2,686
Ford F-150 XLT Super Cab 4WD $2,779
Chevrolet Impala LTZ $2,827
Ford Edge Sport 2WD $2,834
Toyota Corolla XLE $2,827
Toyota RAV4 Limited 4WD $2,871
Chevrolet Silverado LT Extended Cab 4WD $2,879
Ford Fusion SEL 4-Dr Sedan $2,878
Nissan Altima Hybrid 4-Dr Sedan $2,885
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Prices based on single female driver age 40, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Florida minimum liability limits. Discounts applied include safe-driver, claim-free, multi-policy, multi-vehicle, and homeowner. Premium amounts do not factor in specific zip code location which can impact coverage rates greatly.

Looking at the data, we can presume that models like the Honda Accord, Honda Odyssey, and Toyota Prius should be a few of the cheapest vehicles to insure for drivers in Miramar.

Rate comparison of full coverage and liability-only

Saving on insurance is the goal of most people, and one of the easiest ways to buy cheaper insurance in Miramar is to buy liability only. The illustration below compares auto insurance rates with liability coverage only compared to full coverage. The rates are based on no violations or accidents, $100 deductibles, single status, and no policy discounts are applied.

As an overall average, physical damage coverage on your policy costs an extra $3,196 per year more than buying just liability insurance. That proposes the question if physical damage coverage is worth the money. There isn't a steadfast formula of when to eliminate comprehensive and collision coverage on your policy, but there is a general guideline. If the yearly cost of full coverage is more than 10% of the replacement cost of your vehicle minus the policy deductible, then you may want to consider only buying liability coverage.

There are some cases where eliminating full coverage is not recommended. If you haven't satisfied your loan, you have to maintain full coverage as part of the loan requirements. Also, if your emergency fund is not enough to purchase a different vehicle if your current one is damaged, you should not drop full coverage.

The information below highlights how deductible choice can influence insurance premiums when getting quotes for cheap insurance in Miramar. The premiums are based on a single male driver, comp and collision included, and no other discounts are factored in.

As shown above, a 50-year-old driver could save $344 a year by changing their physical damage coverage from a $100 deductible up to a $500 deductible, or save $518 by selecting a $1,000 deductible. Young drivers, like the 20-year-old category, could reduce their rates $1,126 annually by using higher deductibles when buying full coverage. If you do decide to increase your deductibles, it is necessary to have enough savings set aside to allow you to cover the extra out-of-pocket expense that comes with higher deductibles.

How to get discounts on Miramar car insurance

Insurance providers that offer quotes in Miramar may also offer policy discounts that may potentially lower prices by as much as 30% if you are eligible to receive them. Larger insurance companies and the discounts they provide are:

The example below shows the comparison of car insurance rates with and without discounts being applied to the rates. The premiums are based on a male driver, no violations or claims, Florida state minimum liability limits, comprehensive and collision coverage, and $500 deductibles.

The first bar for each age group shows the price with no discounts. The second shows the rates with passive restraint, homeowner, multiple vehicle, vehicle safety, claim-free, and multiple policy discounts applied. When these discounts are applied to the policy premium, theaverage amount saved on insurance in Miramar is 28% or $543.