Searching for Florida discount car insurance? Well this website will help you search through leading auto insurers to find the cheapest price with the coverage you need. The first thing you will need to understand is the basics of Florida auto insurance: what is required, what is suggested, and then most of all, how to save money on it. We will explain the basics of car insurance in Florida, and then show you how to save with different discounts.
The Basics Of Florida Discount Car Insurance
A good place to start is to know which coverage for auto insurance is required and at what limits. Here are some key ones to know:
- Personal Injury Protection (PIP): This mandatory coverage includes medical, disability and death benefits. This coverage provides a limit of $10,000 per person, per occurrence.
- Property Damage (PD): This required liability coverage will cover if you or another covered driver is found at-fault in an accident. It covers some legal costs if a lawsuit is involved, but mainly it is there to cover the damages to the car or property you damaged. The minimum requirement for this coverage is also set at $10,000.
The remaining coverage’s are considered optional by Florida, but are highly recommended by your auto insurer and especially your lien holder:
- Bodily Injury (BI): This liability coverage again kicks in if you or another covered driver is found at-fault in an accident. This covers for medical payments, some legal counsel if a lawsuit is involved, pain and suffering and lost wages.
- Uninsured/Underinsured Bodily Injury (UMBI): This optional coverage will protect you if you are in an accident that was the other cars fault, but they either have no coverage or don’t have adequate coverage to pay for your medical injuries. This comes with a stacking option, which means that if you have 2 cars on the policy and have your limits set at $50,000/$100,000 per person, per occurrence, you actually get double the coverage at $100,000/$200,000.
- Medical Payments: This coverage will protect you and your passengers if medical injuries arise out of an accident, whether you are at-fault or not at-fault.
- Comprehensive: This is a coverage for the vehicle only, and will be required if you have a lien holder. Comprehensive covers for acts of nature such as falling objects, fire, theft or vandalism, some damage from hitting animals and glass damage.
- Collision: This coverage is usually determined if it is necessary by the age of the vehicle, however if it is financed, the lien holder will typically require this coverage. This will cover repairs to your vehicle after an at-fault accident.
So how do you decide which coverage to pick and at what limits? It all depends on your vehicle. If you own the title to the vehicle all that is required by the state is to carry PD and PIP at limits of $10,000. However, if you have a loan or lease out on the vehicle, the company you finance through will most likely require certain limits for liability, comprehensive and collision. While one way to save money is to carry lower limits, it always is recommended to carry high limits in case of a severe accident or lawsuit.
Florida Discount Auto Insurance Companies
After learning which coverage and limits are required, the next step is to see which company will give the best coverage for the best price. Even though Florida has a complex auto insurance system, almost all leading companies offer auto insurance in the state and it is not impossible to find cheap Florida car insurance if you know where to look. Here are some leading auto insurers in the state of Florida that offer very competitive prices.
- State Farm
- AIG
- GEICO
- Progressive
- Esurance
- All State
- Farmers
- Unitrin Direct
- 21st Century
- Nationwide
Take advantage of our free search tools to compare the major insurers to find out which would offer the best price for you.
Discounts That Companies Offer For Florida Car Insurance
Different companies in Florida offer different discounts, advantages, and savings. The Internet provides you with the best comparison tool through independent websites that have the ability to quote multiple insurers to show you the company that will give you the best coverage for the best price. Here are some discounts offered in Florida that you should consider when purchasing a policy:
- Defensive Driving Discounts:This is obtained by completing a course online. Only certain companies will offer this to their policyholders, but always be sure to ask.
- Multi-Line Discounts:By combining your homeowners and auto under one company, you can often receive a discount on both policies!
- Multi-Vehicle Discounts:Some companies offer a discount for carrying multiple vehicles on one policy. If you and your spouse were considering keeping your policies separate, save money by combining!
- Good Student Discounts: In certain companies you can get discounts for students attending school up to the age of 25! Obviously some type of proof is usually required of the minimum GPA requirements.
- Anti-Theft Discounts:Often times a discount is generated from the VIN for anti-theft devices in your car. Also, certain insurance companies are giving discounts for Lo-Jack devices.
- Accident Free: A popular new trend is to give a discount for no accidents in a certain time period. Additionally, some offer a waived surcharge fee for the first accident.
- Good Driver: A very similar discount is the good driver, which includes no accidents as well as tickets in a certain time period.
Factors That Affect Your Ability To Get A Discounted Florida Auto Insurance Rate
In addition, it is helpful to know the factors that affect auto insurance. There are multiple aspects that will increase or decrease your premium. Here are some to be aware of while searching for your discounted policy:
- Geographic location
- Driving history, including claims and ticket history
- Age
- Credit history
- Work commute and annual mileage
- Different coverage, limits, and deductibles
Start Saving With Florida Discount Car Insurance Immediately!
Don’t waste another dollar on high priced auto policies in Florida. Get on your way to Florida discount car insurance by using our free search tools to compare policies now!
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