What is the Average Cost of Car Insurance in LaBelle, FL?

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The average cost of car insurance in LaBelle, FL, is $2,054. This cost is lower than the average cost of car insurance in nearby locations like Pioneer and Port LaBelle but higher than other nearby locations like Southwest Glades, Hendry County, and Charleston Park. The average cost of car insurance can vary significantly depending upon the location, change in deductibles, age of the driver, and more. Below is Zimlon’s analysis of the average cost of car insurance by location in Florida.

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Neighborhood: 

The neighborhood one lives in, LaBelle, FL, is one of the important determinants of the average cost of car insurance for the residents. Zimlon offers the service to finding one’s accurate zip code to get the best auto insurance quotes from multiple auto insurance companies. The make and model of the vehicle and the rate of auto thefts in the neighborhood can also increase or reduce the insurance costs within the city. 

Insurance Costs Based on Deductibles: 

Another factor that causes variation in the cost of car insurance in and around LaBelle, FL, is a change in deductibles. A low deductible ($500) usually increases auto insurance value, whereas a high deductible ($1,000) lowers it. Below are the costs of car insurance in and around LaBelle, FL, based on the change in deductibles by Zimlon.

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Age of the Driver: 

Zimlon’s analysis found that teenagers in LaBelle, FL, usually pay much higher car insurance cost compared to the rest of the state. This is mainly because insurance companies consider teenagers to be less responsible drivers than middle-aged or older drivers. Comparing different insurance policies based on the age of the driver car owners in LaBelle, Fl can reduce of cost of insurance. Many insurance companies in Florida also provide discounts to customers for completing the Basic Defensive Driving class. 

The average cost for car insurance for teens in LaBelle, FL, is $6,665. For a driver of 20 years of age, the car insurance cost is $2,639 and $2,033 for a 30-year-old driver. Whereas, the average cost of car insurance for drivers between the age of 40 to 60 years is less than $2000 in LaBelle, FL. 

Multi-Car Insurance: 

Car insurance companies in LaBella, FL, provide discounts for insuring multiple vehicles with the same company. By insuring two or more cars with the same insurance company, car owners in LaBella, FL can reduce the average cost of their car insurance. Bundling is another way of reducing costs. Car owners can also opt to insure their life, auto, and home insurance with the same insurer to get added benefits.

The average cost of insurance for three cars in LaBelle, FL, is $5,361, and by opting for multi-car insurance, car owners can save $801. Moreover,  the average cost of insurance for four cars is $7,148, and by opting for multi-car insurance, car owners can save $1,068. Insuring two cars with the same insurance company can also help you save $534. 

Credit Scores:

Having an “excellent” or “good” credit score will also help car owners in LaBelle, Fl to reduce the average cost of their car insurance. Several auto insurance companies provide discounts to the car owner that have a higher positive credit score. For example, the insurance cost for an exceptional credit score of 800 to 850 is $1,762. On the other hand, for an average (580-669) or poor (300-579) credit score, it can cost more than $2000 to $3000.