Car Insurance Monthly Cost Florida
Full coverage policies in florida averaged 3 125 per year while those for drivers with a prior accident history cost 4 511 per year.
Car insurance monthly cost florida - The average car insurance rate in florida is 1 878 per year 31 6 more than the us average. The average cost of car insurance in florida is 180 a month 2 162 a year for a driver age 30 for full coverage. For example some states require drivers to purchase 100 000 worth of liability coverage per accident while others require just 20 000 or 30 000 of liability coverage.
That s 33 more than the national monthly average rate of 147. Florida drivers can receive a wide range of car insurance quotes some more affordable than others. Each state has specific requirements for the type and amount of car insurance coverage that drivers must carry.
According to the insurance information institute iii the average cost of car insurance in florida was 1 356 per year as of 2017 the last year with aggregate data making it the third most. But auto insurance prices are dictated by factors other than state lines. Because quotes vary for every individual comparing rates is often the best way to find savings on car insurance.
This range is only a guide to give you a basic idea about the kind of rates insurance companies charge in florida. But the price of your policy will be unique to your situation. The three most expensive states for auto insurance are louisiana michigan and florida with average car insurance prices ranging from 1 596 to 1 824 annually on the less expensive side north.
The important thing to remember is that insurance rates can be all over the place and change almost daily. Car insurance companies will also look at your education level. Although not usually a significant factor your education can effect your monthly rate for auto insurance.
The average cost of a car insurance policy is 937 per year or 78 per month for a policy that meets the minimum requirements of each state. Auto insurance premiums consider a number of components including your driving record credit history gender age and marital status. The average cost of minimum coverage car insurance in florida was 2 050 per year or 171 per month.
Florida car insurance by education. Auto insurance is expensive in florida. The average car insurance rate for state minimum coverage is 69 a month or 828 a year.
