Average Cost of Car Insurance in Ocala, FL, is $1,162
The average cost of auto insurance in Ocala, FL, according to Zimlon, is $1,162. This is much higher than the average cost of auto insurance in neighboring places such as Hernando, Dunnellon, and East Marion. This is also lower than the state average of Florida. Residents of Ocala can improve savings by comparing multiple auto insurance quotes. Auto insurance depends on numerous factors ranging from the make and model of the vehicle to the driver’s age.
Insurance Requirements in Florida:
$10,000 bodily injury per person per accident.
$20,000 bodily injury for all persons per accident.
$10,000 property damage liability.
$10,000 personal injury protection.
The cost of auto insurance depends on the age and gender of the driver. Women are generally considered to be safe drivers, making auto insurance cheaper for them. As the above infographic indicates, auto insurance is the most affordable for married women ($976). Auto insurance is expensive for teenagers since they lack driving experience. The average cost of auto insurance for male teenagers in Ocala is $3,125, while female teenagers pay $2,788 on an average.
The neighborhood one lives in Ocala can also have an impact on the cost of auto insurance. Zimlon offers the option of keying in one’s zip code to get accurate auto insurance quotes from multiple auto insurance companies. Depending on several factors like the make and model of the vehicle and the rate of auto thefts in the neighborhood, the price can vary within the city.
The driving record of car owners also has a direct impact on the cost of auto insurance. Getting charged for offenses such as DUI and driving without a proper license can have a long-term impact on Ocala’s cost of auto insurance. Post-DUI, the average cost of auto insurance increases to $2,161. The cost of auto insurance post-DUI for male teenagers is $5,812, while female teenagers pay $5,185.
Deductibles are among the most common factors affecting the rate of auto insurance in the country, and Ocala is no different. A higher deductible leads to a decrease in the cost of auto insurance, while a low deductible can lead to an increase. The average cost of auto insurance for a Ford Focus SE at a lower deductible ($500) is $1,200. This goes down to $1,110 when the deductible is higher ($1,000).
A healthy credit score will also determine the cost of one’s auto insurance. Possessing an “exceptional” or “good” credit score will reduce the cost of auto insurance for the car owner, while a “poor” credit score can lead to a substantial increase.