Would you like to stop wasting money and find more competitive car insurance rates in Miramar, FL? There isn't a single person who loves paying for car insurance, especially when they could find better prices if they shop around.

Amazingly, a recent NerdWallet.com study showed that nearly 70% of drivers have stayed with the same insurance company for more than four years, and about 40% of consumers have never taken the time to shop around. The average driver in Miramar could save an average of almost 55% each year, but they feel it's too difficult to compare rate quotes.

Multiple auto insurance companies compete for your insurance dollar, and because of this it can be hard to compare auto insurance companies and uncover the absolute best rates possible on car insurance.

Most major insurance companies make it easy to get prices online. Comparing auto insurance rates online is fairly simple as all you need to do is type in the coverages you want into the form. When the form is submitted, the company's rating system makes automated requests for your driving record and credit report and generates a price. Using the web to get rate quotes simplifies rate comparisons, and it's also necessary to do this if you want to find the cheapest auto insurance rates.

To quickly find out how much you're overpaying now, compare rates from the companies below. If you have coverage now, it's recommended you duplicate coverages and limits just like they are on your policy. Doing this assures you are getting a rate comparison for similar insurance coverage.

The companies shown below have been selected to offer free quotes in Florida. To get cheap auto insurance in Florida, we recommend you compare several of them in order to find the cheapest rates.

Insurance Costs for Popular Vehicles in Miramar
Make, Model, and Trim Level Annual Policy Premium 6-month Policy Premium Monthly Premium
Chevrolet Silverado LS Extended Cab 2WD $1,534 $767 $128
Dodge Ram Crew Cab SLT 2WD $1,550 $775 $129
Ford Edge SE AWD $1,232 $616 $103
Ford Escape XLS 4WD $1,374 $687 $115
Ford F-150 XLT Super Cab 4WD $1,074 $537 $90
Ford Focus SE 2-Dr Coupe $1,372 $686 $114
GMC Sierra Denali Crew Cab 4WD $1,508 $754 $126
Honda Accord EX-L 2-Dr Coupe $2,056 $1,028 $171
Honda CR-V EX 4WD $992 $496 $83
Honda Civic LX-S 4-Dr Sedan $1,702 $851 $142
Jeep Grand Cherokee Laredo 2WD $1,264 $632 $105
Mazda 3 I Sport 4-Dr Sedan $1,378 $689 $115
Nissan Altima 3.5 SR 4-Dr Sedan $1,536 $768 $128
Nissan Rogue S AWD $1,508 $754 $126
Toyota Camry LE $1,108 $554 $92
Toyota Corolla S $1,296 $648 $108
Toyota Prius $1,722 $861 $144
Toyota Tacoma 2WD $1,416 $708 $118
Get Your Own Custom Quote Go

Table data assumes single female driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Florida minimum liability limits. Discounts applied include claim-free, homeowner, multi-policy, multi-vehicle, and safe-driver. Premium amounts do not factor in specific zip code location which can decrease or increase premiums substantially.

Full coverage rates vs. liability-only

The chart below shows the comparison of Nissan Altima insurance prices with and without physical damage coverage. The price estimates are based on no violations or claims, $500 deductibles, married male driver, and no discounts are taken into consideration.

Nissan Altima rates are for example purposes only. To get rates for your specific vehicle, click here.

When to drop comprehensive and collision coverage

There isn't a written rule of when to stop paying for comp and collision coverage, but there is a general convention. If the annual cost of comprehensive and collision coverage is more than around 10% of the vehicle's replacement cost less your deductible, then you may want to consider only buying liability coverage.

For example, let's pretend your Nissan Altima settlement value is $4,000 and you have $1,000 full coverage deductibles. If your vehicle is totaled, the most your company would pay you is $3,000 after paying your deductible. If it's costing you more than $300 annually to have full coverage, the it may be a good time to stop paying for full coverage.

There are a few cases where removing full coverage is not advised. If you still have a loan on your vehicle, you have to keep full coverage as part of the loan requirements. Also, if you can't afford to buy a different vehicle if your current one is damaged, you should not consider dropping full coverage.

Do you qualify for discounts on car insurance?

Some insurers don't always advertise every discount they offer very clearly, so the following list contains both well-publicized and also the lesser-known credits that you can use to lower your rates. If you don't get every credit possible, it's possible you qualify for a lower rate.Discount car insurance

One thing to note about discounts is that some of the credits will not apply to the entire cost. A few only apply to the cost of specific coverages such as comp or med pay. Despite the fact that it seems like you can get free auto insurance, it's just not the way it works.

Larger car insurance companies and some of their more popular discounts can be read below.

It's a good idea to ask every prospective company which credits you are entitled to. Some discounts listed above might not be offered in Miramar. If you would like to choose from a list of providers offering car insurance discounts in Florida, click here to view.

Cost influencing factors

Consumers need to have an understanding of some of the things that come into play when calculating the level of your policy premiums. If you have a feel for what influences your rates, this enables informed choices that could result in lower insurance prices.

Get rate quotes but work with a local neighborhood Miramar car insurance agent

A lot of people would rather talk to a local agent and that is a personal choice. An additional benefit of price shopping on the web is that you can find cheap insurance rates and still buy from a local agent. Supporting local agents is especially important in Miramar.

To help locate an agent, after submitting this simple form, your coverage information is transmitted to agents in your area who want to provide quotes for your coverage. It simplifies rate comparisons since you won't have to drive around since price quotes are sent to your email. Get lower rates AND a local agent. If you want to get a price quote from one company in particular, don't hesitate to jump over to their website and submit a quote form there.

If you are searching for a local Miramar insurance agent, you must know there are a couple types of agencies to choose from. Agencies in Miramar may be either independent agents or exclusive agents depending on their employer.

Independent Insurance Agents

Agents that elect to be independent are not locked into one company so as a result can place your coverage amongst many companies and find the cheapest rate. To move your coverage to a new company, they can switch companies in-house and you can keep the same agent. When comparing rates, you definitely need to get some free quotes from independent agents so that you have a good selection of quotes to compare.

Exclusive Insurance Agencies

Agents of this type are contracted to one company like Farmers Insurance, Allstate, or State Farm. Exclusive agents cannot provide rate quotes from other companies so it's a take it or leave it situation. Exclusive insurance agents receive extensive training in insurance sales and that can be a competitive advantage.

Finding a good auto insurance agent should include more criteria than just the price. Any good agent in Miramar should know the answers to these questions.

Car insurance claim statistics

Which vehicles have a tendency to have claims? The following tables list the best and worst vehicles for the probability of filing claims for each type of coverage.

Lowest and Highest Comprehensive Claims by Vehicle
Lowest Overall Losses Highest Overall Losses
Nissan Xterra Porsche Panamera GTS
Nissan Leaf Audi S7
Ford F-350 BMW M6
Volvo V60 Mercedes-Benz S Class
Chevy Silverado 2500 Bentley Continental GT
Chevy Spark Maserati Quattroporte

Statistics from IIHS.org for 2013-2015 Model Years

Vehicle Make and Models with the Lowest and Highest Collision Insurance Claims
Lowest Overall Losses Highest Overall Losses
GMC Canyon Bentley Continental Flying Spur
Chevrolet Colorado BMW M6
Smart ForTwo Bently Continental GT
Ford F-250 SuperCab Ferrari 458
Mini Cooper Bently Continental GTC
Nissan Xterra Maserati Ghibli

Statistics from IIHS.org for 2013-2015 Model Years

Car Insurance Medical Payment Claims by Vehicle Model
Lowest Overall Losses Highest Overall Losses
Ford Expedition Kia Forte
Chevrolet Corvette Chevrolet Spark
Chevrolet Silverado 2500 Hyundai Accent
Chevrolet Silverado 3500 Chevrolet Sonic
Land Rover Range Rover Sport Chrysler 200
Tesla Model S Mitsubishi Mirage

Statistics from IIHS.org for 2013-2015 Model Years

Liability Coverage Claims by Vehicle
Lowest Overall Losses Highest Overall Losses
Mercedes-Benz SL Class Mitsubishi Lancer
Volvo XC60 Mitsubishi Mirage
Fiat 500 Chevrolet Cruze
Audi A6 Chevrolet Impala
Chevrolet Corvette Kia Rio
Subaru Forester Dodge Charger

Statistics from IIHS.org for 2013-2015 Model Years

Compare but don't skimp

We covered quite a bit of information on how to compare auto insurance premium rates in Miramar. The key thing to remember is the more times you quote, the better your chances of lowering your prices. Drivers may even discover the lowest priced auto insurance comes from an unexpected company. These smaller insurers may often insure only within specific states and give getter rates than their larger competitors like Allstate or State Farm.

When shopping online for auto insurance, you should never reduce needed coverages to save money. There are a lot of situations where drivers have reduced collision coverage and learned later that the small savings ended up costing them much more. Your aim should be to buy the best coverage you can find for the lowest cost, but do not skimp to save money.

Discount auto insurance in Miramar is available both online and also from your neighborhood Miramar agents, and you should compare price quotes from both to have the best chance of lowering rates. Some companies may not have the ability to get a quote online and many times these small, regional companies sell through independent agents.

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