Would you like an easy way to compare the cheapest auto insurance rates in Miami Beach, FL? Shopping for the most affordable quotes can appear to be somewhat difficult for drivers who are beginners to quoting and comparing and buying auto insurance on the internet. With such a large number of agents and insurers to choose from, how can Miami Beach drivers have the ability to compare all the different companies and get better prices?

Astonishing but true, most auto insurance policyholders in Florida have remained with the same auto insurance company for at least the last four years, and 38% of customers have never quoted auto insurance rates at all. U.S. insurance shoppers could save as much as 47% each year just by comparing rates, but they just assume it's a time-consuming process to do a rate comparison.

Companies offering low-cost rate quotes in Miami Beach, FL

The companies shown below are ready to provide comparison quotes in Florida. If your goal is to find the best cheap auto insurance in Florida, it's highly recommended you visit as many as you can to get a more complete price comparison.

Insurance Rates for Popular Vehicles in Miami Beach
Make, Model, and Trim Level Annual Policy Premium 6-month Policy Premium Monthly Premium
Chevrolet Colorado LT Crew Cab 4WD $1,336 $668 $111
Chevrolet Impala LS $1,248 $624 $104
Chevrolet Silverado LS Regular Cab 2WD $1,214 $607 $101
Dodge Ram Quad Cab Sport 2WD $1,284 $642 $107
Ford Escape Limited 2WD $1,084 $542 $90
Ford Explorer XLT 2WD $1,498 $749 $125
Ford F-150 STX Regular Cab 2WD $1,154 $577 $96
Ford Focus SES 4-Dr Sedan $1,480 $740 $123
Honda Accord LX-P 4-Dr Sedan $1,040 $520 $87
Honda CR-V LX 4WD $1,164 $582 $97
Honda Civic SI 4-Dr Sedan $1,292 $646 $108
Jeep Wrangler Unlimited Rubicon 4WD 4-Dr $1,212 $606 $101
Kia Optima EX $1,258 $629 $105
Nissan Altima 3.5 SR 2-Dr Coupe $1,330 $665 $111
Toyota Camry LE $972 $486 $81
Toyota Corolla XRS $1,582 $791 $132
Toyota Prius $1,330 $665 $111
Toyota RAV4 Limited 2WD $1,264 $632 $105
Toyota Tacoma X-Runner 2WD $1,400 $700 $117
Get Your Own Custom Quote Go

Table data assumes married female driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Florida minimum liability limits. Discounts applied include safe-driver, claim-free, multi-vehicle, homeowner, and multi-policy. Premium costs do not factor in specific location information which can revise auto insurance rates considerably.

Physical damage deductibles

The diagram below highlights how deductible selection and can increase or decrease Dodge Ram insurance costs for different age groups. The costs are based on a single female driver, comp and collision included, and no other discounts are factored in.

Dodge Ram rates are for example purposes only. To get rates for your specific vehicle, click here.

Premiums by gender and age

The illustration below illustrates the comparison of insurance rates for male and female drivers in Miami Beach. The rates are based on no claims, a clean driving record, full physical damage coverage, $250 deductibles, marital status is single, and no other discounts are factored in on a Chevrolet Malibu Hybrid.

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

Difference between liability only and full coverage rates

The information below examines Toyota Camry car insurance rates with and without full coverage. The data assumes no claims or violations, $250 deductibles, married male driver, and no other discounts are factored in.

Toyota Camry rates are for example purposes only. To get rates for your specific vehicle, click here.

Guidelines for eliminating full coverage

There is no clear-cut formula to exclude full coverage on your policy, but there is a general convention. If the annual cost of coverage is about 10% or more of any settlement you would receive from your insurance company, then it might be time to consider dropping full coverage.

For example, let's say your Toyota Camry claim settlement value is $6,000 and you have $1,000 physical damage deductibles. If your vehicle is damaged in an accident, you would only receive $5,000 after paying the physical damage deductible. If you are paying over $500 annually to have full coverage, then you may need to consider dropping full coverage.

There are some conditions where buying only liability insurance is not in your best interest. If you still owe a portion of the original loan, you must maintain physical damage coverage in order to prevent your loan from defaulting. Also, if your finances do not allow you to purchase a different vehicle in the even your car is totaled, you should not remove full coverage.

Discount Miami Beach insurance quotes

Companies offering auto insurance don't list the complete list of policy discounts in an easy-to-find place, so the list below gives a summary of both the well known and also the lesser-known credits available to bring down your rates.Cheaper insurance with discounts

One thing to note about discounts is that most credits do not apply to the entire cost. Most cut specific coverage prices like comprehensive or collision. Even though it appears having all the discounts means you get insurance for free, companies don't profit that way. Any qualifying discounts will positively reduce the amount you have to pay.

A list of insurance companies and some of the discounts can be read below.

It's a good idea to ask every prospective company which discounts can lower your rates. Some of the discounts discussed earlier may not be offered in your state. To find companies that provide some of the discounts listed above in Florida, click here to view.

Learn how to get car insurance at a discount

Many things are part of the equation when quoting car insurance. Some of the criteria are obvious such as your driving history, but others are not as apparent like where you live or your financial responsibility. Smart consumers have a good feel for the rating factors that aid in calculating the price you pay for car insurance. If you have some idea of what influences your rates, this enables you to make decisions that may result in much lower annual insurance costs.

Is your vehicle theft-ready? - Buying a car with advanced anti-theft systems can help lower your premiums. Theft prevention devices such as vehicle immobilizer systems, OnStar, and tracking devices like LoJack all help prevent your car from being stolen.

Incidental coverages you don't need - There are a ton of extra add-on coverages that sound like a good idea at the time on your car insurance policy. Add-on coverages like rental car reimbursement, accidental death, and additional equipment coverage are examples of these. The coverages may be enticing when talking to your agent, but if they're wasting money eliminate them to save money.

Cheaper rates for being claim-free - If you are a frequent claim filer, don't be surprised to see higher premiums or even policy non-renewal. Auto insurance companies in Florida generally give the best rates to insureds who only file infrequent claims. Your insurance policy is intended to be relied upon for the large, substantial claims.

Lower performance equals lower insurance premiums - The performance level of the vehicle you are insuring makes a big difference in your car insurance bill. Low performance passenger models generally have the cheapest insurance rates, but the final cost of insurance is determined by many other factors.

Companies want multiple policies - Some car insurance companies provide better rates for people that have more than one policy in the form of a multi-policy discount. Even if you already get this discount, you may still want to check prices from other companies to guarantee you are still saving the most. Drivers may still find lower rates by buying car insurance from a different company.

Save money with good credit - Having a good credit history is likely to be a major factor in your rate calculation. If your credit rating can be improved, you could be paying less to insure your vehicle by spending a little time repairing your credit. Insureds with high credit ratings tend to be better drivers and file fewer claims than drivers who have lower credit ratings.

Does your employer cost you more? - Careers like military generals, airline pilots, and miners generally have the highest rates attributed to high stress and lots of time spent away from family. On the other hand, occupations such as scientists, athletes and homemakers generally pay rates lower than average.

Premiums impacted by your city - Residing in less populated areas has it's advantages when talking about car insurance. People in densely populated areas have much more traffic and more severe claims. Fewer drivers and short commutes translates into fewer accident claims and also fewer theft and vandalism claims.

What if I want to buy from local Miami Beach insurance agents?

Some people still prefer to get professional advice from a licensed agent and we recommend doing that An additional benefit of comparing insurance prices online is you may find cheap rate quotes but still work with a licensed agent.

Find insurance agent in Miami BeachOnce you complete this form (opens in new window), your insurance data is sent to participating agents in Miami Beach who will gladly provide quotes for your insurance coverage. It makes it easy because there is no need to leave your computer as quotes are delivered to you instantly. You can find the lowest rates and an insurance agent to talk to. If you need to compare rates from a specific company, you would need to navigate to their website to submit a rate quote request.

Picking an provider requires more thought than just a low price. Any agent in Miami Beach should be willing to answer these questions.

Two types of Miami Beach car insurance agents

If you want a local insurance agency, it's helpful to know the different types of agencies that you can choose from. Insurance agents in Miami Beach are categorized either exclusive or independent (non-exclusive).

Exclusive Insurance Agents

Agents in the exclusive channel can only provide pricing for a single company and some examples include State Farm, AAA, and Liberty Mutual. Exclusive agents cannot shop your coverage around so keep that in mind. Exclusive agencies are very knowledgeable on their company's products which aids in selling service over price. Consumers often choose to use a exclusive agent partially due to loyalty to the company and strong financial ratings.

Independent Insurance Agents

These agents are appointed with more than one company and that enables them to quote your coverage through lots of different companies and get you the best rates possible. If your agent finds better pricing, your policy is moved internally and you don't have to do anything.

When comparison shopping, we highly recommend that you compare prices from multiple independent agents to maximize your price options. Most also write with lesser-known insurance companies which could offer lower prices.

Once you have received reasonable responses as well as cheaper Miami Beach car insurance quotes, most likely you have located an insurance agent that is professional and can provide insurance coverage. But remember, you are able to cancel your coverage at any point so don't assume that you are obligated to a policy for the full term.

Car insurance companies are expert advertisers

Car insurance companies such as State Farm and Allstate endlessly run television and radio advertisements. They all state the claim that people will save if you just switch your policy. How is it plausible that every one can save you money on car insurance? You have to listen carefully.

Insurance providers have an ideal profile for the type of driver that will generate a profit. For example, a profitable customer could possibly be married and over the age of 30, owns their home, and drives a safe vehicle. A customer getting a price quote that meets those criteria will get very good Miami Beach rates and will also pay quite a bit less when switching companies.

People who are not a match for those standards must pay a more expensive rate and this can result in business not being written. The wording the ads use say "people that switch" but not "all drivers who get quotes" save that much when switching. That's why insurance companies can confidently make claims like that. Each company has different criteria, so drivers must get a wide range of price quotes. It is impossible to predict which car insurance company will have the best premium rates for your profile.

Car insurance claims by make and model

Which vehicles rank well for chances of having claims? The statistics below show the best and worst vehicle makes and models for overall likelihood of filing claims organized by coverage.

Manufacturer Models with the Lowest and Highest Comprehensive Coverage Claims
Lowest Overall Losses Highest Overall Losses
Chevy Spark Mercedes-Benz S Class
Volvo V60 BMW M6
Infiniti QX50 BMW M6
GMC Sierra 2500 Maserati Granturismo
Smart ForTwo Audi S7
Nissan Xterra Maserati Quattroporte

Statistics from IIHS.org for 2013-2015 Model Years

Vehicle Models with the Lowest and Highest Collision Insurance Claims
Lowest Overall Losses Highest Overall Losses
Jeep Wrangler Bently Continental GTC
Mini Cooper Audi RS7
GMC Canyon BMW 6 Series
Nissan Xterra Maserati Ghibli
Ford F-250 SuperCab Bently Continental GT
Ford Edge Nissan GT-R

Statistics from IIHS.org for 2013-2015 Model Years

Medical Payment Claims by Vehicle Model
Lowest Overall Losses Highest Overall Losses
Chevrolet Silverado 3500 Nissan Sentra
Chevrolet Corvette Mitsubishi Lancer
Ford Expedition Nissan Versa
Land Rover Range Rover Sport Kia Forte
Audi A4 Allroad Dodge Charger
Ford F-350 SuperCrew Mitsubishi Mirage

Statistics from IIHS.org for 2013-2015 Model Years

Vehicle Make and Models with the Lowest and Highest Liability Insurance Claims
Lowest Overall Losses Highest Overall Losses
Subaru Outback Kia Rio
Subaru Forester Chevrolet Sonic
Acura MDX Mitsubishi Lancer
Mercedes-Benz SL Class Chevrolet Cruze
Volvo XC60 Chevrolet Impala
Audi A6 Hyndai Accent

Statistics from IIHS.org for 2013-2015 Model Years

Compare insurance prices regularly to save

Cheaper insurance in Miami Beach is attainable online and also from your neighborhood Miami Beach agents, so you should be comparing quotes from both to have the best rate selection. Some companies may not offer internet price quotes and many times these small, regional companies provide coverage only through local independent agencies.

When trying to cut insurance costs, never reduce needed coverages to save money. In many instances, drivers have reduced uninsured motorist or liability limits and found out when filing a claim that the few dollars in savings costed them thousands. Your goal should be to buy the best coverage you can find for the lowest cost but still have enough coverage for asset protection.

In this article, we presented many ideas to find cheaper coverage online. The most important thing to understand is the more times you quote, the higher the chance of saving money. You may even find the lowest priced insurance comes from some of the lesser-known companies.

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