Melbourne, FL Auto Insurance Rates, Quotes, Agents & Reviews
Zimlon, through its research, found that car owners in Melbourne, FL, can avail multiple discounts on car insurance by taking various factors into consideration. These factors are explored in detail by Zimlon in the analysis below.
Top 5 Car Insurance Companies by Market Share in Melbourne, FL
The average cost of auto insurance in Melbourne, FL, is $1,358. This is much lower than the average cost of auto insurance in neighboring places such as Satellite Beach, June Park, Indian Harbour Beach, India-Atlantic Melbourne Beach, and Palm Shores. This cost depends on numerous factors, including the driver’s age and the make and model of the car. Car owners in Melbourne can save more by comparing multiple auto insurance quotes from different insurers. Below is a list of the top five auto insurance companies in Melbourne, FL.
GEICO:
GEICO leads the way in Florida, with a market share of 25.23%. It has 5,160,726 direct premiums written, and 5,081,055 direct premiums earned. GEICO continues to bring innovations into the field of insurance, the latest being its virtual assistant, KATE. GEICO has an A.M. Best rating of A++ and a J.D. Power rating of 827/1000 in Florida.
PROGRESSIVE:
Progressive is second on this list, with an A.M. Best Rating of A+ and a J.D. Power rating of 809/1000. It has a massive 3,749,329 direct premiums written, and 3,582,160 direct premiums earned. This earns Progressive a market share of 18.30% in Florida.
STATE FARM:
State Farm has a market share of 14.70%, with a J.D. Power rating of 834/1000, in Florida. The company also has an A.M. Best rating of A++. State Farm has 3,014,788 direct premiums written, and 3,047,953 direct premiums earned in Florida. State Farm makes it easy to shop for insurance with an immensely customer-friendly online portal.
ALLSTATE:
Allstate has 1,897,567 direct premiums written and 1,880,647 direct premiums earned. The company has a market share of 9.28% in Florida. Allstate also has an A.M. Best rating of A+ and a J.D. Power rating of 847/1000.
USAA:
USAA completes this list with a market share of 7.07%. It has 1,445,356 direct premiums written, and 1,431,650 direct premiums earned. This has earned USAA an A.M. Best rating of A++ and a J.D. Power Rating of 898/1000. This is the highest rating in Florida.
Factors that can influence the cost of car insurance in Melbourne, FL are listed below. It is imperative to understand these factors in order to reduce the cost of car insurance. It is also essential to strike a balance between the cost of insurance and the coverage requirements.
- Melbourne, FL Auto Insurance Rates
- Melbourne, FL Auto Insurance for Different Deductible
- How the Age of Driver Affects Insurance Rates in Melbourne, FL
- Multi Vehicle Insurance Savings in Melbourne, FL
- How Credit Score Affects Car Insurance Rates in Melbourne, FL
- How DUI Affects Auto Insurance Premiums in Melbourne, FL
- Top Auto Insurance Agents Near Melbourne, FL
- How Driving Violations Affect Auto Insurance Rates in Melbourne, FL
- Melbourne, FL Auto Insurance Discounts on Anti Theft Feature
- Melbourne, FL Auto Insurance Company Reviews
Melbourne, FL Auto Insurance Rate Comparisons with Neighboring Locations | Back to Top
The following table compares the cost of insurance in Melbourne, FL with that of other cities in and around Melbourne.
| Melbourne | Satellite Beach | June Park | Indian Harbour Beach | Indialantic-Melbourne Beach | Palm Shores | |
|---|---|---|---|---|---|---|
| Average Insurance Rates | $1,358 | $2,251 | $2,160 | $2,250 | $2,278 | $2,168 |
Melbourne, FL Auto Insurance Rates vary Based on Deductibles in Neighboring Cities | Back to Top
The following table makes a comparison of the variation in car insurance rates in and around Melbourne, FL based on the change in deductibles. A higher deductible leads to a decrease in the cost of car insurance.
| Location | Low Deductible ($500) | High Deductible ($1000) |
|---|---|---|
| Melbourne | $1,129 | $954 |
| Melbourne Village | $1,850 | $1,563 |
| June Park | $1,669 | $1,409 |
| Indian Harbour Beach | $1,552 | $1,311 |
| Palm Shores | $951 | $803 |
| West Melbourne | $1,383 | $1,168 |
| Indialantic-Melbourne Beach | $1,653 | $1,396 |
| Satellite Beach | $2,691 | $2,273 |
Melbourne, FL Auto Insurance Rates Based on the Age of the Driver | Back to Top
Teenagers in Melbourne, FL usually pay a much higher car insurance rate compared to the rest of the state as they are generally considered to be less responsible behind the wheel. Middle-aged drivers are likely to pay lower car insurance premiums if they are considered to be safer drivers by insurance companies.
| Age of Driver | Insurance Cost |
|---|---|
| Teens | $4,406 |
| 20 Years | $1,745 |
| 30 Years | $1,344 |
| 40 Years | $1,293 |
| 50 Years | $1,197 |
| 60 Years | $1,214 |
| 70 Years | $1,413 |
Melbourne, FL Car Insurance Discounts for Multi-Car Insurance | Back to Top
Car owners in Melbourne, FL can obtain discounts if they insure multiple vehicles with the same insurer. The average savings one can obtain are as follows:
| Number of Cars | Auto Insurance Cost | Total Savings |
|---|---|---|
| 2 Vehicles | $2,363 | $353 |
| 3 Vehicles | $3,544 | $530 |
| 4 Vehicles | $4,726 | $706 |
Savings on 2 Vehicles bundle:$353
Savings on 3 Vehicles bundle:$530
Savings on 4 Vehicles bundle:$706
Melbourne, FL Post- DUI Auto Insurance Rates | Back to Top
Driving Under Influence (DUI) can be an added burden on your wallet. The cost of auto insurance will go up post-DUI. The below graph does a comparison of auto insurance rates before and after DUI in and around Melbourne, FL.
| Location | Average Insurance Cost | Post DUI Insurance Rate |
|---|---|---|
| Melbourne | $1,358 | $2,125 |
| Melbourne Village | $2,198 | $3,440 |
| June Park | $2,160 | $3,381 |
| Indian Harbour Beach | $2,250 | $3,521 |
| Palm Shores | $2,168 | $3,393 |
| West Melbourne | $2,182 | $3,415 |
| Indialantic-Melbourne Beach | $2,278 | $3,565 |
| Satellite Beach | $2,251 | $3,523 |
Melbourne, FL Auto Insurance Rates Based on Credit Score | Back to Top
Car insurance companies can use the Credit Score of car drivers to determine car insurance rates. Car drivers with good credit can avail of substantial discounts on car insurance rates.
| Credit Score | Insurance Cost |
|---|---|
| Exceptional (800-850) | $1,165 |
| Excellent (740-799) | $1,330 |
| Good (670-739) | $1,415 |
| Average (580-669) | $1,846 |
| Poor (300-579) | $2,215 |
Melbourne, FL Auto Insurance Agents | Back to Top
Car owners can obtain quotes from multiple auto insurance companies. Comparing different quotes can help identify the cheapest auto insurance provider best suited for their coverage needs.
| Agent Name | Company | Agent Address | Contact Details |
|---|---|---|---|
| Arty Pagan | State Farm | 4865 N Wickham Rd, Melbourne, 32940 | 321-775-1000 |
| Insurance Icon, Inc. | None | 115 Hickory St Ste 206 , Melbourne, 32904 | None |
| Robinson Insurance Inc | Travelers | 202 FOURTH AVE, INDIALANTIC, 32903 | 321-723-1278 |
| Wayne Anthony Insurance | Travelers | 7331 OFFICE PARK PLACE SUITE 500, VIERA, 32940 | 321-242-3181 |
| A & C Insurance Inc | None | 310 N Babcock St, Melbourne, 32935 | None |
| Roxanne Parsley | Allstate | 1801 Sarno Rd Ste 2, Melbourne, 32935 | (321) 254-6829 |
| A Professional Insurance Agency, Inc | None | 1800 W Hibisbus Blvd Ste 131, Melbourne, 32901 | (321) 428-2539 |
| Cheryl Karr | Allstate | 2104 W New Haven Ave, West Melbourne, 32904 | (321) 725-8022 |
| Robert Fontaine | Allstate | 409 5th Ave, Indialantic, 32903 | (321) 726-4111 |
| Kim Osman Insurance Group | None | 474 N Harbor City Blvd Ste 4, Melbourne, 32935 | None |
| Global Coverage | Travelers | 239 W HIBISCUS BLVD, MELBOURNE, 32901 | 321-728-1151 |
| James E Holmes Inc | Liberty Mutual Independent | 1215 E. New Haven Avenue, Melbourne, 32901 | None |
| Eric Ponce | State Farm | 2240 N Wickham Rd, Melbourne, 32935-8112 | 321-773-7500 |
| Bill & Sheila Gaylor Insurance Professionals, P.A. | None | 477 N Harbor City Blvd, Melbourne, 32935 | None |
Melbourne, FL Auto Insurance Rates can Increase Based on Driving Violations | Back to Top
Auto insurance rates tend to increase depending on the type and number of driving violations. The driving violations can stay on the record for a considerable amount of time leading to higher auto insurance rates. The severity of the driving violation and place of residence will determine how long the violation stays on record.
| Driving Violation | Cost Increase | Total Insurance Cost |
|---|---|---|
| Driving Without Headlights | +$60 | $1,418 |
| Driver's Failure In Showing Documents | +$132 | $1,490 |
| Driving With An Expired Registration | +$140 | $1,498 |
| Driving At A Considerably Slow Pace | +$295 | $1,653 |
| Using A Cellphone While Driving | +$311 | $1,669 |
| Running A Red Light | +$316 | $1,674 |
| Speeding | +$333 | $1,691 |
| Driving A Vehicle Without The Required Permission | +$422 | $1,780 |
| Driving With An Expired/Suspended License | +$915 | $2,273 |
Melbourne, FL Auto Insurance Rates Based on Anti-Theft Feature | Back to Top
Cars that are equipped with safety devices are less prone to thefts. As a result, auto insurance companies provide a considerable amount of discounts to vigilant car owners. The discounts vary depending on the type and number of safety devices installed.
| Anti Theft Feature | Insurance Cost |
|---|---|
| Audible Alarm | $1,304 |
| Active Disabling Device | $1,304 |
| Tracking Device | $1,277 |
| Passive Disabling Device | $1,263 |
Latest Auto Insurance Reviews in Melbourne, FL | Back to Top
UsaaI honestly haven't really looked at offerings from other providers. I've seen their own paperwork that says they have better rates, but given that they're hardly going to be impartial about their own services.
State FarmI would highly recommend State Farm auto insurance to anyone who is looking for quick and easy insurance, and for a staff of people who are extremely friendly, and easy to work with.
AllstateThe premium and deductible pricing is maybe a bit higher than other insurance companies but it's high quality and they cover everything so, you're going to pay a little more for it.
Farm BureauTheir policies and price seem to be very comparable to other insurance companies I've quoted in the past, if someone is much lower they will often give a further discount provided proof.
State FarmWe can easily access the customer service at the office and it is very personalized. The office is not far from our home.
Liberty MutualI feel the car insurance could go down somewhat. We have three cars and pay 200.00 monthly, I think that's a lot for the make and model of the cars.
The HartfordI would recommend them for coverage because I like that I get to work with one person from start to finish. I like that almost everything is covered for a reasonable price and I like the communication they have with me.
The HartfordI would recommend them for coverage because I like that I get to work with one person from start to finish. I like that almost everything is covered for a reasonable price and I like the communication they have with me.
GeicoCompared to other insurance companies, my company charges premiums that are far below all of the others for similar levels of coverage.
State FarmThe premiums are kinda ok and at a decent $49 per month pricing compare to $60 or over $50 amount other companies charge per month on auto insurance.
MercuryI dont like the fact that it is so difficult to get answers to questions. I don't like insurance companies.
AllstateAccessibility of my insurance company is great, via the phone app. I can do anything that I can do over the phone with the company on it as as well. interaction with the online, phone support staff is great too.
Westfield InsuranceI have never had to make a claim yet so I can't really judge there claim department yet. I just know they are charging to much for insurance coverage
ProgressiveI like that I can handle everything online with my policy, but if I need to, I'm satisfied that my agent is only about 15 miles from where I live. Customer service seems to be great so far. They are very prompt in answering any questions I have.
ProgressiveMy premium is way below the average of all companies. I shopped around and Progressive had the best deal for both myself and husband.
AllstateHonestly I have not look at any competing companies, I have been very satisfied with the rates I have been offered and have not felt the need to look at other providers.