Miami-Dade County, FL Auto Insurance Rates, Quotes, Agents & Reviews
Zimlon, through its research, found that car owners in Miami-Dade County, 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.
In Miami-Dade, Florida, the most expensive car insurance rates are paid by families with young drivers
In a recent study conducted by Zimlon it was observed that the most expensive car insurance premium rates for Miami-Dade County, Florida, tend to be for families with young drivers at $38,182. This group comprises of either 18-year-old unmarried drivers, or 50-year-old married ones. The second most expensive premium at $9,036 is paid for by 25-year-old unmarried women with one minor violation and one not at fault accident in the past 3 years. The cheapest premiums tend to be offered to the 25-year-old unmarried women cohort. The most expensive premium for this cohort is $4,866, which is the least among all the cohorts.
Zimlon took data from the Florida Office of Insurance regulation for this analysis, and compared car insurance policies on the basis of population cohorts. The cars chosen were either Toyota Corolla LE or Toyota Camry LE. The bodily injury limit chosen for 25-year-old unmarried women and families with young drivers was $25,000, and the property damage limit chosen for the same cohorts was $50,000. Senior drivers in the survey comprised of either 65-year-old married women or 70-year-old married men. The bodily injury limit and property damage limit chosen for them are $50,000 and $100,000 respectively.
The following chart presents a comparison of prices for each cohort.
The following table compares the car insurance premiums for key cohorts in Miami-Dade, FL, along with the names of the companies and the differences between the 75th and 25th percentiles in premium rates.
| Cohort | Cheapest Car Insurance Premiums in Broward County, FL | Most Expensive Car Insurance Premiums in Phoenix, AZ | Median Car Insurance Premiums in Broward County, FL | 25th Percentile of Car Insurance Premiums in Broward County, FL | 75th Percentile of Car Insurance Premiums in Broward County, FL | Dollar Difference between 25th and 75th Percentiles | Percentage Difference between 25th and 75th Percentiles |
|---|---|---|---|---|---|---|---|
| 25-year-old Single Females | UNITED SERVICES AUTOMOBILE ASSOCIATION ($2,368) | DIRECT GENERAL INSURANCE COMPANY ($9,036) | GEICO INDEMNITY COMPANY ($4,539) | ESURANCE PROPERTY & CASUALTY INSURANCE COMPANY ($3,720) | PROGRESSIVE SELECT INSURANCE COMPANY ($6,864) | $3,144 | 45.80% |
| Families With Young Drivers | FLORIDA FARM BUREAU GENERAL INSURANCE COMPANY ($5,156) | INFINITY AUTO INSURANCE COMPANY ($38,182) | UNITED AUTOMOBILE INSURANCE COMPANY ($9848) | USAA CASUALTY INSURANCE COMPANY ($7,084) | 21ST CENTURY CENTENNIAL INSURANCE COMPANY ($19,597) | $12,513 | 63.85% |
| Senior Married Couples | FLORIDA FARM BUREAU GENERAL INSURANCE COMPANY ($1,062) | DIRECT GENERAL INSURANCE COMPANY ($8,069) | PROGRESSIVE AMERICAN INSURANCE COMPANY ($2,205) | SAFECO INSURANCE COMPANY OF ILLINOIS ($1,695) | ALLSTATE INSURANCE COMPANY ($2,964) | $1,269 | 42.81% |
Factors that can influence the cost of car insurance in Miami-Dade County, 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.
- Miami-Dade County, FL Auto Insurance Rates
- Miami-Dade County, FL Auto Insurance for Different Deductible
- How the Age of Driver Affects Insurance Rates in Miami-Dade County, FL
- Multi Vehicle Insurance Savings in Miami-Dade County, FL
- How Credit Score Affects Car Insurance Rates in Miami-Dade County, FL
- How DUI Affects Auto Insurance Premiums in Miami-Dade County, FL
- How Driving Violations Affect Auto Insurance Rates in Miami-Dade County, FL
- Miami-Dade County, FL Auto Insurance Discounts on Anti Theft Feature
Miami-Dade County, FL Auto Insurance Rate Comparisons with Neighboring Locations | Back to Top
The following table compares the cost of insurance in Miami-Dade County, FL with that of other cities in and around Miami-Dade County.
| Miami-Dade County | Kendall West | Country Walk | Three Lakes | The Crossings | Richmond West | |
|---|---|---|---|---|---|---|
| Average Insurance Rates | $1,008 | $2,193 | $2,287 | $2,244 | $2,276 | $2,255 |
Miami-Dade County, 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 Miami-Dade County, 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) |
|---|---|---|
| Miami-Dade County | $1,483 | $1,253 |
| Country Walk | $1,489 | $1,258 |
| Richmond West | $1,841 | $1,555 |
| The Hammocks | $1,647 | $1,391 |
| Three Lakes | $1,488 | $1,257 |
| South Miami Heights | $952 | $804 |
| The Crossings | $1,315 | $1,111 |
| Kendall West | $1,706 | $1,441 |
Miami-Dade County, FL Auto Insurance Rates Based on the Age of the Driver | Back to Top
Teenagers in Miami-Dade County, 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 | $3,271 |
| 20 Years | $1,295 |
| 30 Years | $998 |
| 40 Years | $960 |
| 50 Years | $889 |
| 60 Years | $901 |
| 70 Years | $1,049 |
Miami-Dade County, FL Car Insurance Discounts for Multi-Car Insurance | Back to Top
Car owners in Miami-Dade County, 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 | $1,774 | $242 |
| 3 Vehicles | $2,661 | $363 |
| 4 Vehicles | $3,548 | $484 |
Savings on 2 Vehicles bundle:$242
Savings on 3 Vehicles bundle:$363
Savings on 4 Vehicles bundle:$484
Miami-Dade County, 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 Miami-Dade County, FL.
| Location | Average Insurance Cost | Post DUI Insurance Rate |
|---|---|---|
| Miami-Dade County | $1,008 | $1,578 |
| Country Walk | $2,287 | $3,579 |
| Richmond West | $2,255 | $3,529 |
| The Hammocks | $2,270 | $3,553 |
| Three Lakes | $2,244 | $3,512 |
| South Miami Heights | $1,491 | $2,333 |
| The Crossings | $2,276 | $3,562 |
| Kendall West | $2,193 | $3,432 |
Miami-Dade County, 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) | $865 |
| Excellent (740-799) | $987 |
| Good (670-739) | $1,050 |
| Average (580-669) | $1,370 |
| Poor (300-579) | $1,644 |
Miami-Dade County, 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 | +$44 | $1,052 |
| Driver's Failure In Showing Documents | +$98 | $1,106 |
| Driving With An Expired Registration | +$104 | $1,112 |
| Driving At A Considerably Slow Pace | +$219 | $1,227 |
| Using A Cellphone While Driving | +$231 | $1,239 |
| Running A Red Light | +$235 | $1,243 |
| Speeding | +$247 | $1,255 |
| Driving A Vehicle Without The Required Permission | +$313 | $1,321 |
| Driving With An Expired/Suspended License | +$679 | $1,687 |
Miami-Dade County, 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 | $968 |
| Active Disabling Device | $968 |
| Tracking Device | $948 |
| Passive Disabling Device | $937 |