The words “low-priced” and “auto insurance” really should not be used together, especially when shopping around for the best coverage prices for 19 year olds. Because it’s so expensive, let’s familiarize you with a few of the things that have an effect on insurance prices, and find out if we can help you lower the cost of your next policy.
One of the many things that determine the cost of insurance is where you live in Miami. Areas with more people or even just a higher incidence of claims tend to have more expensive car insurance rates, whereas areas with less crime or weather claims have the enjoyment of a little cheaper coverage.
The table below shows the most expensive places in Florida for 19 year olds to buy an auto insurance policy in. Miami is ranked #3 with the annual price of $3,241 for the average policyholder, which is around $270 monthly.
| Rank | City | Average Per Year |
|---|---|---|
| 1 | Hialeah | $3,595 |
| 2 | Miami Gardens | $3,277 |
| 3 | Miami | $3,241 |
| 4 | Miami Beach | $2,923 |
| 5 | Miramar | $2,683 |
| 6 | West Palm Beach | $2,625 |
| 7 | Pompano Beach | $2,620 |
| 8 | Tampa | $2,610 |
| 9 | Hollywood | $2,604 |
| 10 | Fort Lauderdale | $2,576 |
| 11 | Pembroke Pines | $2,481 |
| 12 | Coral Springs | $2,474 |
| 13 | Davie | $2,448 |
| 14 | Brandon | $2,322 |
| 15 | St. Petersburg | $2,219 |
| 16 | Clearwater | $2,194 |
| 17 | Spring Hill | $2,060 |
| 18 | Jacksonville | $2,020 |
| 19 | Orlando | $2,008 |
| 20 | Port St. Lucie | $1,994 |
| 21 | Cape Coral | $1,898 |
| 22 | Lakeland | $1,827 |
| 23 | Tallahassee | $1,801 |
| 24 | Palm Bay | $1,750 |
| 25 | Gainesville | $1,696 |
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Premium costs are comparative as vehicle location can modify rates considerably.
The car, truck, or SUV requiring coverage is one of the primary factors that determines whether or not you find the best coverage for 19 year olds. Vehicles with limited top-end speed, a plethora of safety features, or a low likelihood of having liability claims will cost significantly less to insure than fast, unsafe models.
The list below estimates auto insurance premiums for a handful of the most cost-effective automobiles to buy insurance for.
| Insured Vehicle | Estimated Cost for Full Coverage |
|---|---|
| Honda CR-V EX 2WD | $9,466 |
| Ford Escape Limited 2WD | $9,588 |
| Toyota Prius | $10,371 |
| Dodge Grand Caravan CV | $10,578 |
| Volkswagen Jetta 2.0T Station Wagon | $11,029 |
| Ford Edge SE AWD | $11,116 |
| Chevrolet Equinox LT AWD | $11,239 |
| Chevrolet Impala LT | $11,245 |
| Toyota RAV4 Limited 2WD | $11,239 |
| Chevrolet Malibu LT | $11,361 |
| Ford F-150 Lariat Crew Cab 4WD | $11,370 |
| Dodge Ram 3500 Crew Cab Laramie 2WD | $11,361 |
| Ford Explorer Limited 4WD | $11,367 |
| Ford Focus SEL 4-Dr Sedan | $11,774 |
| Honda Civic VP 4-Dr Sedan | $11,784 |
| Hyundai Elantra Blue 4-Dr Sedan | $11,774 |
| Honda Odyssey EX-L W/Rear Entertainment | $11,896 |
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Price data assumes single male driver age 19, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Florida minimum liability limits. Discounts applied include safe-driver, and claim-free. Rate information does not factor in Miami, FL location which can raise or lower coverage prices considerably.
Looking at the rates, we can infer that models like the Honda CR-V, Ford Escape, and Toyota Prius should be a few of the most economical vehicles to insure for teenage drivers. Rates will be more costly because of the fact that there is more risk for 19 year olds, but overall those vehicles will most likely have the lowest prices available.
Finding cheap auto insurance is not the easiest thing to accomplish, and determining which insurers offer the best car insurance rates for 19 year olds will involve more quotes for comparison. Each insurance company has their own formula to determine premium rates, so let’s begin by examining the lowest cost car insurance companies in Miami.
Keep in mind that Miami, FL car insurance rates are impacted by many things that control the policy premium. Improving your financial situation, buying a home instead of renting, or having an accident can produce rate changes resulting in some companies being cheaper than before.
Find the Best Cheap Insurance for Teens
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | USAA | $977 |
| 2 | Electric | $1,694 |
| 3 | Amica | $1,746 |
| 4 | Progressive | $1,829 |
| 5 | Travelers | $1,945 |
| 6 | Allied | $1,985 |
| 7 | Mercury | $1,992 |
| 8 | Esurance | $2,020 |
| 9 | State Farm | $2,047 |
| 10 | Auto-Owners | $2,085 |
| 11 | GEICO | $2,172 |
| 12 | Allstate | $2,317 |
| 13 | 21st Century | $2,445 |
| 14 | Windhaven Insurance | $2,627 |
| 15 | Safeco | $2,898 |
| 16 | Hanover | $2,934 |
| 17 | MetLife | $2,958 |
| 18 | Liberty Mutual | $3,131 |
| 19 | United Automobile | $3,562 |
| 20 | Direct General | $4,062 |
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USAA has some of the most affordable car insurance rates in Miami at around $977 a year. Electric, Amica, Progressive, and Travelers would also make the list of some of the lowest-priced Miami, FL insurance companies.
In this example, if you currently have coverage with Travelers and switched to Electric, you could realize a yearly price reduction of upwards of $251. Customers with Allied might save as much as $291 a year, and Mercury policyholders might lower prices by up to $298 a year.
To get a fast rate comparison, click here to get a free quote or visit any of the low-priced companies below.
It’s important to note that these rates are averaged across all drivers and vehicles and are not factoring in an exact zip code location for 19 year olds. So the insurer that can offer you the best rate may not even be in the list above. That affirms the importance of why you need to compare rates from as many companies as possible using your own personalized driver profile and vehicle information.
Get discount Miami insurance rates
Insurers that offer cheap quotes for 19 year olds may also give you rate discounts that can reduce rates by 40% or more if you meet specific criteria. A few of the larger companies and a partial list of their discounts are outlined below.
- State Farm may include discounts for anti-theft, Steer Clear safe driver discount, good driver, multiple policy, safe vehicle, accident-free, and multiple autos.
- Progressive has discounts for online signing, multi-policy, multi-vehicle, good student, continuous coverage, homeowner, and online quote discount.
- Progressive policyholders can earn discounts including online quote discount, continuous coverage, homeowner, multi-policy, online signing, good student, and multi-vehicle.
- MetLife may offer discounts for accident-free, good driver, multi-policy, defensive driver, good student, and claim-free.
- Farm Bureau offers premium reductions for good student, multi-policy, youthful driver, 55 and retired, multi-vehicle, and driver training.
- GEICO includes discounts for daytime running lights, multi-vehicle, anti-lock brakes, multi-policy, emergency military deployment, and seat belt use.
- SAFECO may have discounts that include teen safe driver, anti-lock brakes, teen safety rewards, bundle discounts, anti-theft, and drive less.
The illustration below illustrates the comparison of insurance rates with and without discounts applied. The premium estimates are based on a female driver, no claims or driving citations, Florida state minimum liability limits, full physical damage coverage, and $500 deductibles.
The first bar for each age group shows the average annual price with no discounts. The second shows the rates with multiple vehicle, safe-driver, homeowner, claim-free, accident-free, and vehicle safety discounts applied. When discounts are factored in, the average amount saved each year on car insurance for 19 year olds is 28% or $827.
Ending up with the right auto insurance provider is difficult considering how many choices there are in Miami. The information shown next can help you pick which insurers you want to consider purchasing a policy from.
These ratings are only comprised of large nationwide companies, so smaller regional companies are not factored into the list. To view rates from these top insurers and more, click here.
| Company | Value | Customer Service | Claims | Customer Satisfaction | A.M Best Rating | Overall Score |
|---|---|---|---|---|---|---|
| Travelers | 93 | 98 | 99 | 88% | A++ | 95.1 |
| USAA | 83 | 99 | 100 | 91% | A++ | 94.1 |
| Mercury Insurance | 97 | 96 | 88 | 89% | A+ | 93.4 |
| AAA Insurance | 91 | 95 | 92 | 90% | A | 93.3 |
| Nationwide | 85 | 95 | 97 | 89% | A+ | 92.4 |
| Allstate | 77 | 100 | 97 | 88% | A+ | 90.7 |
| State Farm | 80 | 94 | 96 | 88% | A++ | 90.6 |
| The Hartford | 88 | 93 | 91 | 87% | A+ | 90.4 |
| Safeco Insurance | 91 | 95 | 85 | 88% | A | 90.2 |
| Progressive | 88 | 94 | 83 | 88% | A+ | 90.1 |
| American Family | 91 | 86 | 95 | 83% | A | 89.7 |
| Esurance | 86 | 90 | 94 | 90% | A+ | 89.5 |
| The General | 86 | 93 | 89 | 84% | A- | 88.2 |
| GEICO | 79 | 89 | 95 | 87% | A++ | 87.8 |
| Titan Insurance | 86 | 82 | 92 | 86% | A+ | 86.5 |
| 21st Century | 86 | 82 | 90 | 84% | A | 86.4 |
| Liberty Mutual | 79 | 87 | 95 | 78% | A | 85.3 |
| Farmers Insurance | 77 | 80 | 80 | 84% | A | 80.3 |
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Data Source: Insure.com Best Car Insurance Companies
Shop around and save
Miami, FL car insurance rates are influenced by many factors that will increase or decrease the cost of coverage. Improving your credit score, buying another vehicle, or getting a DUI can trigger rate changes resulting in some companies being affordable when they were higher priced. Also, auto insurance companies amend premium rates multiple times each year to help ensure profitability. Significantly higher losses can result in higher prices, while a profitable period may cause lower-cost Miami car insurance rates.
To illustrate this point, the graph below shows rates for the cheapest car insurance in Miami, FL for a 45-year-old female driver with a good driving record, no prior claims, and good financial standing. When quoting prices based on her current risk profile, USAA quotes the lowest car insurance rates in Miami at $1,885 per year. This is $563 less than the average rate paid by Florida drivers of $2,448. Electric, Amica, Progressive, and Travelers are the rest of the top five cheapest Miami, FL auto insurance companies.
In the next rate comparison, we’ll give the driver in the first example an accident claim, a little lower credit rating, and a speeding citation. Because each insurer uses their own calculation for setting prices, analyzing rates most likely will result in a different set of the cheapest Miami car insurance companies as shown below.
USAA now has the lowest car insurance rate in Miami with Allied, GEICO, Esurance, and State Farm also having competitive pricing. This illustrates why it is crucial to take the time to shop around to get the most affordable car insurance quotes for 19 year olds. Insurance rates are calculated by many things and can change without notice, so the most economical company when you last compared rates may now be costing you a lot of money.