How Much Does Car Insurance Cost in Orlando, FL?
Comparing car insurance quotes in Orlando is easy with InsuranceQuotes, so tick off one task from your to-do list by using our free online service. We allow you to effortlessly find the cheapest auto insurance policy rates available from both local and national insurance providers. Save precious time and find the best auto rates. Let us take care of the car insurance search for you, we can help you secure comprehensive coverage that fits both your needs and budget. Don’t settle for inflated prices – trust us to find the best Florida auto policy options tailored just for you to choose from.
How much should you expect to pay on average for car insurance in Orlando?
Average Orlando Car Insurance Rates:
- State Minimum Liability: You can expect to pay $131 a month or $1,573 a year.
- Full Coverage: You can expect to pay $387 a month or $4,641 a year.
InsuranceQuotes cost rates are pulled from our real-time auto insurance database from recent quotes in Orlando – Rates are based on a used car driver who is single, middle aged & has a clean driving record. Read on to learn about the cheapest local rates filtered by insurance providers, new cars, vehicle types and age.
Cheapest Car Insurance Providers in Orlando?
- In Orlando on average the cheapest auto insurance providers are GEICO, State Farm and Direct Auto.
- State minimum liability car insurance starts at $93 a month or $1,119 a year.
- Full coverage car insurance costs around $256 a month or $3,069 a year.
Here is a breakdown of average costs from the cheapest local insurance providers in Orlando from our data set of used-car drivers who are single, middle aged and have a clean driving record.
| Insurance Provider: | Minimum Liability: | Monthly: | Full Coverage: | Monthly: |
|---|---|---|---|---|
| GEICO | $1,119 | $93 | $4,048 | $337 |
| State Farm | $1,181 | $98 | $3,069 | $256 |
| Direct Auto | $1,645 | $137 | $5,713 | $476 |
| Allstate | $1,819 | $152 | $6,003 | $500 |
| Progressive | $1,832 | $153 | $4,354 | $363 |
How Much Car Insurance is Required in Florida?
In Florida, here is the amount of auto insurance coverage that is required by the state to operate a vehicle legally:
- Personal Injury Protection (PIP):
- $10,000 in PIP coverage is required.
- Property Damage Liability (PDL):
- $10,000 in PDL coverage is required.
Florida is a “no-fault” state, which means that drivers are required to carry PIP coverage to help pay for their own medical expenses and those of their passengers regardless of who is at fault in an accident.
The minimum coverage required in Florida (i.e., PIP and PDL) might not be sufficient to cover all expenses in the event of a severe accident. Additional coverage beyond the state’s minimum requirements may be advisable for better financial protection.
When purchasing car insurance in Florida, consider factors such as the value of your assets, your driving habits, potential risks, and your budget.
Saving Money on Auto Insurance Policies in Orlando
Saving money on auto insurance in Orlando requires a combination of research, strategic decision-making, and leveraging available discounts. Here is a list of ways to cut costs on your auto insurance in Orlando:
- Compare Quotes:
- With IQ, you can hop around and obtain quotes from multiple insurance providers. Rates can vary, and taking the time to compare options can help you find the most cost-effective coverage.
- Bundle Insurance Policies:
- Consider bundling your auto insurance with other policies, such as home or renters insurance. Many insurers offer discounts for multiple policies.
- Maintain a Good Driving Record:
- Safe driving is rewarded with lower insurance premiums. Avoid accidents and traffic violations to maintain a clean driving record.
- Increase Deductibles:
- Increasing your deductibles can lower your premium costs. However, ensure that you can comfortably cover the higher deductible in the event of a claim.
- Optimize Coverage:
- Review your coverage needs regularly. Adjust your policy to match your current circumstances, removing unnecessary coverage and avoiding over-insuring.
- Ask About Discounts:
- Inquire about available discounts such as safe driver discounts, good student discounts, or discounts for completing defensive driving courses.
- Maintain Good Credit:
- In many states, including Florida, insurers consider your credit history when determining premiums. Maintaining a good credit score can positively impact your insurance rates.
- Drive Less:
- If possible, drive fewer miles. Some insurers offer discounts for low-mileage drivers. Consider carpooling or using public transportation to reduce your mileage.
- Install Safety Features:
- Installing safety features in your vehicle, such as anti-theft devices, airbags, or anti-lock brakes, can qualify you for discounts on your insurance premium.
- Drive a Safe Vehicle:
- The type of vehicle you drive can affect your insurance rates. Safe and reliable vehicles may have lower premiums compared to sports cars or high-performance vehicles.
- Take Defensive Driving Courses:
- Completing a defensive driving course can not only improve your driving skills but may also make you eligible for insurance discounts.
- Review and Update Regularly:
- Regularly review your insurance policy and update it to reflect any changes in your life, such as a change in residence, employment, or marital status.
- Ask About Affiliation Discounts:
- Check if you qualify for any special discounts through affiliations with organizations, employers, or professional groups.
