Car Insurance Quotes Miami

Miami, Florida, is known for its vibrant culture, beautiful weather, and bustling city life. However, it is also recognized for its high car insurance rates, making it essential for drivers to select an affordable insurance provider. The cost of car insurance varies significantly between companies, influenced by factors such as the driver’s age, credit score, and driving history. By comparing quotes, drivers can ensure they secure the best deal possible.

In Miami, the minimum coverage requirements are mandated by state law, which includes bodily injury liability coverage of $10,000 per person and $20,000 per accident, property damage liability coverage of $10,000, uninsured motorist coverage of $10,000 per person and $20,000 per accident, as well as personal injury protection of $10,000. The average car insurance cost in Miami is reported to be $7,078 annually, placing the city among the top ten in Florida for the highest average rates. Miami drivers who opt for full coverage pay an average of $5,248 per year, which is notably 26% higher than the Florida state average of $4,143. Conversely, minimum coverage in Miami averages $1,458 annually, representing a 29% increase over the state average of $1,121.

The choice of insurance provider plays a role in determining insurance costs. Notably, Geico stands out as the most affordable option for a 35-year-old driver with a clean driving history, offering an annual rate of $2,406. State Farm follows with an average rate of $3,448, while UAIC and Travelers have median rates of $3,589 and $4,475, respectively. Nationwide, Mercury, Private Client Select, and Allstate maintain higher average rates, ranging from $5,548 to $7,447. It’s important to note that these rates are averages and may not reflect the specific rates each driver would pay.

READ ALSO; Car Insurance Quotes Florida Cheap

Affordable Car Insurance Companies In Miami

The company you select will have a big impact on your insurance costs, so you should compare quotes to be sure you’re getting the greatest deal. These are the most affordable car insurance providers in Miami based on typical rates for a 35-year-old driver with decent credit and a spotless driving record. Keep in mind that prices are set on an individual basis, so these might not be the most affordable options for you.

Company Median annual rate
Geico…………………………………$2,406
State Farm…………………………$3,448
UAIC…………………………………$3,589
Travelers……………………………$4,475
Nationwide………………………..$5,548
Mercury…………………………….$6,217
Private Client Select……………$6,409
Allstate……………………………..$7,447
Direct Auto……………………….$8,830

Miami Car Insurance Requirements

Drivers in Miami must have the following minimum coverage for their car insurance:

Bodily injury liability coverage: $10,000 per person and $20,000 per accident
Property damage liability coverage: $10,000
Uninsured motorist coverage: $10,000 per person and $20,000 per accident
Personal injury protection: $10,000

Although these minimum standards offer a fundamental degree of security, bear in mind that they might not completely cover the expenses in the event of a major accident. To help protect both you and other drivers, think about getting extra coverage.

How Much Does Miami Car Insurance Cost?

In Miami, the average yearly cost of car insurance is $7,078. This places the city among the top ten Florida cities with the highest average rates for car insurance.

The ten Florida cities with the highest average rates for auto insurance are:

Ranking City Average Annual Premium
1 ……………………………..Brownsville………. $7,631
2 …………………………….Gladeview…………. $7,527
3……………………………. Fountainebleau…. $7,237
4……………………………..Hialeah……………..$7,179
5……………………………..Golden Glades……$7,162
6……………………………..Coral Terrace……..$7,082
7……………………………..Olympia Heights…$7,079
8.…………………………….Miami……………….$7,078
9……………………………..Biscayne Park…….$6,983
10……………………………Miami Gardens…..$6,972

What Is The Cost Of Car Insurance In Miami?

Miami residents pay an average of $5,248 for full-coverage Car insurance annually, which is 26% higher than the state average of $4,143 for the same policy. Drivers in Miami who choose minimum coverage pay $1,458 annually, which is 29% higher than the $1,121 state average. Age, coverage level, and driving history are just a few of the things that can cause an increase in auto insurance premiums. Comparing prices between carriers will help you choose which ones are ideal for your driving profile, and you may spend more or less than the city average.

Which Car insurance plans cover natural disasters In Miami?

Comprehensive auto insurance in Miami covers natural disasters and hurricane-related damages, such as wind, water, and falling objects. Your car is protected by this optional policy in addition to the regular collision and liability insurance. for additional information, visit here

RELATED ARTICLE:

Car Insurance Quotes Maryland

Car Insurance Quotes State Farm

Car Insurance Quotes Illinois

Car Insurance Quotes

Frank Oduro