Cheapest auto insurance in Miami

Miami skylineCarInsurance.com analyzed auto insurance rates from six motor insurance organizations for similar driver and car in almost every ZIP rule in Florida. The common price of $2, 248 in Miami ZIP 33142 (distributed to neighboring Hialeah ZIP rule 33010) could be the greatest when you look at the state. It’s also the best within the seven-county Miami-Fort Lauderdale-Port St. Lucie region the Census calls a Combined Statistical Area.

You’ll see in chart below the top 12 priciest ZIP rules in condition are in the Miami metro area.

Miami car insurance rates

ZIP signal

Average rate

Finest

Cheapest

33010 Hialeah

$2, 248

$3, 277

$1, 136

33142 Miami

33147 Brownsville

$2, 247

$1, 185

33125 Miami

$2, 244

33135 Coral Gables

33122 Miami

$2, 215

$3, 162

33126 Miami

$2, 205

33127 Miami

$2, 192

33012 Hialeah

$2, 186

33128 Miami

$2, 182

33130 Miami

33136 Miami

*Methodology for prices by ZIP signal:

CarInsurance.com commissioned Quadrant Suggestions providers to run car insurance rates for a 2014 Honda Accord for over 30, 000 ZIP rules in the United States using six huge providers - Allstate, Farmers, GEICO, Nationwide, advanced and State Farm. (In cases where an insurer’s rate wasn’t readily available, another major provider's rate was substituted.) Averages depend on insurance coverage for a single 40-year-old male which commutes 12 miles to get results daily, with policy limitations of 100/300/50 ($100, 000 for damage obligation for example individual, $300, 000 for all accidents and $50, 000 for residential property damage in an accident) and a $500 allowable on collision and extensive coverage. This hypothetical driver features a clear record and good credit. The rate includes uninsured driver coverage. Typical rates are for relative reasons. Yours price depends on your own personal factors and vehicle.

Listed here is just how Miami’s highest typical price ($2, 248) compares to other individuals:

  • $1, 170 over the most affordable average price ($1, 078) in Florida, Waldo ZIP code 32694
  • $846 above hawaii average ($1, 402)
  • $1, 017 significantly more than the nationwide average price ($1, 231)

Here’s how the average rates compare across counties the Census considers area of the Miami metro analytical location:

  • Miami-Dade: $1, 927
  • Palm Beach: $1, 706
  • Broward: $1, 704
  • St. Lucie: $1, 337
  • Martin: $1, 334
  • Okeechobee: $1, 263
  • Indian River: $1, 239

Here’s just what similar driver would spend inside costliest ZIP codes various other big Florida towns:

  • Tampa ZIP code 33603: $2, 001
  • Saint Petersburg ZIP code 33705: $1, 579
  • Orlando ZIP code 32818: $1, 539
  • Jacksonville ZIP code 32210: $1, 360
  • Tallahassee ZIP code 32305: $1, 136

Miami car insurance demands

Florida condition law requires the following minimum car insurance coverage:
Minimum actual damage responsibility $10, 000
Minimal residential property damage responsibility
*Bodily injury liability not essential by state; numerous companies require $10, 000/$20, 000

Cheapest auto insurance in Miami

If you would like sufficient coverage to be appropriate on your way, choose the cheapest number of liability insurance your insurer provides. That’s the cheapest plan you should buy. Florida car insurance regulations mandate that you must have a car or truck insurance coverage addressing $10, 000 in home harm obligation and $10, 000 in accidental injury security (PIP):

  • $10, 000 in PIP addresses you, your guests along with other authorized motorists of your vehicle that hurt whilst in your insured automobile
  • $10, 000 for damage you cause to other individuals’ vehicles and property

Bodily damage liability not necessary, but suggested

Florida auto insurance legislation don’t stipulate that you carry actual damage responsibility insurance coverage, which will pay for injuries other individuals have from any sort of accident you cause. However, many motor insurance companies do want it is part of any plan they sell within the state. That’s because Florida is a no-fault condition. Treatment plan for any accidents you endure is covered by your private injury security, around its limit. This can be regardless of which caused the accident. If bills surpass that limitation, the at-fault motorist is legally myself accountable unless he or she has purchased bodily damage responsibility protection.

In the event that you buy bodily injury responsibility coverage, the smallest quantity you can aquire is $10, 000 per person (up to $20, 000 per accident).

If you choose the minimum obligation insurance needed under Florida law, plus actual injury as required by many insurers, here's what it'll cost you you, typically, each year, for Hialeah ZIP rule 33010 for a driver at after many years:

Age

Feminine

Male

18

$3, 252

$3, 655

19

$2, 517

$2, 690

20

$2, 199

$2, 586

21

$2, 001

$2, 030

22

$1, 877

$1, 821

23

$1, 760

$1, 698

24

$1, 680

$1, 591

25

$1, 530

$1, 469

35

$1, 330

$1, 235

45

$1, 311

$1, 212

55

strong, 170

$1, 134

65

$1, 144

75

$1, 374

$1, 404

85

$1, 918

$2, 035

*Average price of six insurance coverage providers for a 2015 Honda Accord LX, through the following carriers, in no particular purchase: advanced, Allstate, State Farm, Nationwide, GEICO and Farmers. Information was given to CarInsurance.com by Quadrant Information Services.


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