Cheap Auto Insurance in Florida – Balancing Price and Coverage

When it comes to getting auto insurance, if you’re like most people, you want to get the best policy and lowest deductible for the best possible rates. However, if you opt for cheap auto insurance in Florida, will you get a good policy or one that lacks vital components? Here’s how to balance price and coverage when shopping for auto insurance.

State Minimums

Before you set out to purchase cheap auto insurance in Florida, you should first understand the state minimums. Most states set minimum coverage amounts to protect other drivers and property in the event of an accident. In Florida, you are required to have at least $10,000 in personal injury protection and another $10,000 in property damage liability coverage. You may also be required to carry at least $10,000 in bodily injury liability coverage if you cannot afford to pay for another driver’s injuries after an accident.

Drivers with Previous DUIs

If you have had a DUI—or Driving Under the Influence—charge in the past, you will be required to maintain a completely different set of insurance minimums. According to state laws, people who have been convicted of DUIs are required to carry $100,000 per person and $300,000 per incident in bodily injury liability coverage, $10,000 in personal injury protection coverage, and $30,000 in property damage liability coverage. Finding cheap auto insurance in Florida after a DUI can certainly be tricky, but there are ways to find the best rates available to you.

How to Find the Best Policies at the Lowest Rates

If you want to make sure that you have all of the coverage you need at prices you can afford, the best thing for you to do is shop for your cheap auto insurance in Florida online using a price comparison tool. For instance, Progressive, which is one of the nation’s leading auto insurers, offers a tool with which you can choose the type and amount of coverage you want and get quotes from multiple insurance carriers. Another great company, Allstate, offers not only a search tool; it also offers what is known as the ‘vanishing deductible’. This simply means that the longer you go without an accident, the lower your deductible will inevitably be.

Additional Considerations

There are some surprising things that may affect the overall cost of your automobile insurance, and knowing what these are may help you eliminate them and obtain cheap auto insurance in Florida. Some of the things that may cause your rates to go up include using your car for deliveries, commuting more than a few miles to and from work, whether or not your car is kept in a garage or parked on the street, and even the color of your car. Surprisingly, studies have shown that yellow cars are involved in accidents at a rate that far surpasses cars of other colors. This means that your premium payments will be higher if your car is yellow. Finally, your age is a key factor in the amount you will pay; drivers who are not yet 25 will have the highest premiums.

If you want to find cheap auto insurance in Florida, you must first decide how much coverage you want and how much you are willing to spend. Then, by using one of the many tools available online for comparing insurance quotes, you are sure to find the perfect balance of price and coverage.