Car Insurance Quotes Fort Lauderdale
Car Insurance Quotes Fort Lauderdale
Car insurance is a must to have for drivers in Fort Lauderdale, The average annual premium for full coverage car insurance in Fort Lauderdale is approximately $2,786, which is relatively lower than in other major cities in Florida. For example, drivers in Miami pay an average of $3,075, while those in West Palm Beach can expect to spend around $3,187. Cities such as Orlando and Gainesville show even more favourable rates, averaging $2,301 and $1,839 respectively. Insurance rates for young drivers in Fort Lauderdale tend to be higher due to their relative inexperience on the road. The premiums for a 20-year-old can reach as high as $2,128 with Geico and $2,577 with State Farm, while rates drop notably by age 25 to $1,404 and $1,588 respectively. Young drivers must maintain a good driving record to qualify for discounts such as good student discount
Driver’s credit score impacts driver insurance rates. Insurers offer more favourable premiums. For instance, drivers classified as having “Very Poor” credit scores between 300-579 are charged an average of $2,793 every six months, contrasted with those categorized as “Exceptional” above 800, who can benefit from premiums as low as $1,112. Improvement in credit scores, therefore, could lower insurance costs, potentially reducing premiums by up to 60% as drivers transition from very poor to exceptional credit categories.
Driving without auto insurance in Fort Lauderdale incurs severe penalties, as Florida law mandates minimum insurance coverage. Drivers who fail to comply may face suspension of their licenses, license plates, and vehicle registration for up to three years. To regain their driving privileges, individuals must pay a reinstatement fee and demonstrate proof of insurance, which emphasizes the importance of adhering to state insurance regulations.
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How Much Does Car Insurance Cost in Fort Lauderdale?
The average cost of full coverage car insurance in the Fort Lauderdale region is $2,786. Fort Lauderdale’s car insurance rate is quite less expensive compared to major Florida cities find the breakdown below.
City Average Annual Premium
Fort Lauderdale………$2,786
Miami…………………….$3,075
West Palm Beach…….$3,187
Orlando………………….$2,301
Gainesville………………$1,839
Fort Lauderdale Rates For Young Drivers
As Teens in Fort Lauderdale gain more driving experience, their high auto insurance premiums begin to decrease as long as they keep up a decent driving record. Insurance companies mostly require young drivers growing towards adulthood to have their new policy with their name as the named policyholder. Young drivers can still get reasonably priced auto insurance provided they can maintain policy discounts like the good student discount and driving instruction.
Insurance company 20-year-old 25-year-old
Geico…………………………….$2,128…………….$1,404
State Farm…………………….$2,577…………….$1,588
Allstate…………………………$3,106…………….$1,479
Progressive……………………$3,324……………$2,25
Fort Lauderdale car Insurance Costs By Credit Score
Credit scores play a role in insurance ratings. Car insurance prices are generally higher for drivers with checkered credit records than for those with good credit. By raising their credit score from “Very Poor (300–579) to Exceptional (800–850), Fort Lauderdale drivers can reduce their auto insurance costs by up to 60%. Making the transition from Very Poor to Fair Credit is a step in lowering auto insurance costs. Gaining a Fair credit rating in Fort Lauderdale could result in a $1,076 reduction in your six-month insurance costs. 37% of Fort Lauderdale drivers, according to our statistics, have good credit (680-719).
Credit Tier Avg. 6 Mo. Premium
Very Poor……………….$2,793
Fair………………………..$1,717
Good……………………..$1,393
Very Good……………..$1,257
Exceptional……………$1,112
Fort Lauderdale rates for senior drivers
There are a lot of senior drivers in Fort Lauderdale and around Florida. Changes in hearing, sight, strength, reaction speed, and recovery time are normal as you grow. Aging may affect a senior’s ability to drive. Seniors with fixed incomes may find high auto insurance rates problematic. choosing a low-mileage insurance plan and finishing a senior defensive driving course may help reduce prices.
Insurance company 60-year-old 70-year-old
Geico…………………………….$1,032……………..$1,047
Allstate………………………….$1,195……………..$1,267
State Farm…………………….$1,261……………..$1,286
Progressive……………………$1,530……………..$1,
Discounts for Car Insurance in Fort Lauderdale
Fort Lauderdale drivers can save money through the discounts offered by their auto insurance companies. Possible discounts include:
- Good driver discount
- Multi-car discount
- Anti-theft discount
- Student discount
- Military discount
- Multi-policy discount
- Mature, retired, or senior discount
Independent Insurance Companies near Fort Lauderdale, Florida
A list of insurance companies in Lauderable Florida that provide the best of services to clients include the following;
Bluehill Insurance
- (800) 467-4914
- 501 E Las Olas Blvd
- Fort Lauderdale, FL 33301
Corporate Insurance Advisors
- (954) 315-5000
- 1201 NW 62nd St
- Ste 120
- Fort Lauderdale, FL 33309
Corporate Insurance Advisors
- (954) 315-5000
- 1401 E Broward Blvd
- Ste 103
- Fort Lauderdale, FL 33301
Dunham Insurance Services Inc.
- (954) 564-7772
- 2601 E Oakland Park Blvd
- Ste 3
- Fort Lauderdale, FL 33306
Insurance Office Of America
- (800) 243-6899
- 500 W Cypress Creek Rd
- Ste 760
- Fort Lauderdale, FL 33309
The Fairway Insurance Group LLC
- (954) 772-9819
- 5461 N Federal Hwy
- Fort Lauderdale, FL 33308
The Liberty Co Insurance Brokers Inc.
- (954) 266-7700
- 725 Progresso Dr
- Fort Lauderdale, FL 33304
USI Insurance Services LLC
- (561) 693-0500
- 2400 E Commercial Blvd
- Ste 600
- Fort Lauderdale, FL 33308
What Are the Penalties for Driving Without Insurance in Fort Lauderdale?
In Fort Lauderdale, let alone the entire state of Florida, auto insurance is a must. The minimum coverage is required of drivers, or else their license, license plate, and vehicle registration may be suspended for a maximum of three years. To get a cease license back, license plate, and car registration, the driver must then pay a $150 fee and show the state that they are insured.
Within three years following the initial lapse, you will be required to pay a $250 reinstatement charge if your insurance expires again. Within the next three years, the fine rises to $500 if it occurs a third time. For additional information, visit here
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