It’s impossible to miss the ads from auto insurance companies like Allstate and GEICO that make claims of the cheapest rates, so you just need to select the one with the best jingle, right?
Regrettably, it’s not quite that easy, as there are a lot of unknowns such as whether you are female or male, the likelihood of vehicle theft where you live, how old you are, and if you have a spouse. This article delves into the different ways to avoid overpaying and will give you a good beginning to your search for cheaper coverage.
For drivers with at-fault accidents, one of the more important components that are looked at to determine insurance cost is where you choose to live in Miami. More densely populated places tend to pay more, whereas areas with lower vehicle theft rates and fewer weather claims have the gratification of cheaper auto insurance rates.
The table below sorts the most costly cities in Florida for drivers with accidents to buy car insurance in. Miami is listed at #3 with the annual price of $3,273 on average, which is approximately $273 per month.
| Rank | City | Premium Per Year |
|---|---|---|
| 1 | Hialeah | $3,630 |
| 2 | Miami Gardens | $3,277 |
| 3 | Miami | $3,273 |
| 4 | Miami Beach | $3,043 |
| 5 | West Palm Beach | $2,705 |
| 6 | Tampa | $2,636 |
| 7 | Hollywood | $2,630 |
| 8 | Miramar | $2,629 |
| 9 | Pompano Beach | $2,518 |
| 10 | Fort Lauderdale | $2,500 |
| 11 | Pembroke Pines | $2,481 |
| 12 | Coral Springs | $2,474 |
| 13 | Davie | $2,448 |
| 14 | Brandon | $2,298 |
| 15 | Clearwater | $2,260 |
| 16 | St. Petersburg | $2,219 |
| 17 | Orlando | $2,069 |
| 18 | Spring Hill | $2,039 |
| 19 | Jacksonville | $1,980 |
| 20 | Port St. Lucie | $1,935 |
| Find Cheaper Insurance Go | ||
Premium costs are comparative as the specific area where the vehicle is garaged can modify price quotes noticeably.
The type of vehicle you are seeking coverage for is a significant factor when shopping around for economical insurance for drivers with accidents. Vehicles with higher performance characteristics, poor safety features, or an increased likelihood of liability claims will cost significantly more to insure than safer, lower-performance models.
The data below presents auto insurance rates for a number of the most affordable automobiles to buy coverage for.
| Vehicle Insured | Estimated Cost for Full Coverage |
|---|---|
| Ford Escape XLS 4WD | $7,234 |
| Honda Accord EX 4-Dr Sedan | $8,014 |
| Honda CR-V LX 2WD | $8,024 |
| Dodge Grand Caravan CV | $8,128 |
| Ford Edge SE AWD | $8,479 |
| Toyota Tacoma 2WD | $8,484 |
| Toyota RAV4 Limited 4WD | $8,569 |
| Ford F-150 STX Regular Cab 4WD | $8,699 |
| Toyota Prius | $8,735 |
| Ford Explorer Eddie Bauer 2WD | $9,002 |
| Chevrolet Equinox LTZ AWD | $9,101 |
| Chevrolet Silverado LT Crew Cab 4WD | $9,108 |
| Honda Odyssey Touring | $9,101 |
| Chevrolet Impala LT | $9,176 |
| Nissan Rogue S 2WD | $9,274 |
| Chevrolet Malibu LT | $9,280 |
| Volkswagen Jetta S 4-Dr Sedan | $9,499 |
| Honda Civic EX 4-Dr Sedan | $9,550 |
| Toyota Corolla LE | $9,648 |
| Nissan Altima 3.5 SR 4-Dr Sedan | $9,747 |
| Get a Custom Quote Go | |
Prices above based on single female driver age 50, no speeding tickets, two at-fault accidents, $1,000 deductibles, and Florida minimum liability limits. Discounts applied include homeowner, multi-policy, and multi-vehicle. Rate quotes do not factor in zip code location which can affect insurance rates significantly.
Looking at the rates, cars like the Ford Escape, Honda Accord, Honda CR-V, and Dodge Grand Caravan will definitely be the cheaper vehicles to insure for drivers with at-fault accidents. Rates will be higher anyway just due to the fact that there is more risk for drivers with accidents, but overall those specific models will have the best rates available.
Deciphering which company has the cheapest car insurance rates for drivers with accidents may require a tad more effort in order to find the best price. Every car insurance company has their own guidelines to set policy rates, so we’ll go over the car insurance companies that tend to be cheaper in Florida.
Best Cheap Insurance Rates for Accident Prone Drivers
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | USAA | $948 |
| 2 | Electric | $1,712 |
| 3 | Amica | $1,746 |
| 4 | Progressive | $1,793 |
| 5 | Travelers | $1,926 |
| 6 | Mercury | $1,933 |
| 7 | Allied | $2,004 |
| 8 | Esurance | $2,082 |
| 9 | Auto-Owners | $2,085 |
| 10 | State Farm | $2,110 |
| 11 | GEICO | $2,172 |
| 12 | 21st Century | $2,373 |
| 13 | Allstate | $2,388 |
| 14 | Windhaven Insurance | $2,575 |
| 15 | MetLife | $2,900 |
| 16 | Safeco | $2,927 |
| 17 | Hanover | $3,054 |
| 18 | Liberty Mutual | $3,131 |
| 19 | United Automobile | $3,457 |
| 20 | Direct General | $3,902 |
| View More Rates Go | ||
USAA offers some of the best car insurance rates in Miami at around $948 annually. This is $1,500 less than the average rate paid by Florida drivers of $2,448. Electric, Amica, Progressive, and Travelers would also make the list of some of the more affordable Miami, FL car insurance companies.
As shown in the table above, if you have coverage with Amica and switched to USAA, you might see a yearly price reduction of in the vicinity of $798. Customers with Progressive may save as much as $845 a year, and Travelers customers might cut rates by $978 a year.
Be aware that those prices are averaged for all drivers and vehicles in Florida and do not factor in an exact zip code location for drivers with accidents. So the insurer that fits your situation best may not even be in the top 21 companies shown above. That’s why you need to get rate quotes using your own specific driver and vehicle information.
Get discounts on Miami auto insurance rates
Insurance providers that offer quotes for drivers with accidents may have special discounts that could potentially reduce rates by as much as 25% or more if you are eligible. A list of car insurance companies and some of their more popular discounts can be found below.
- Farmers Insurance offers premium reductions for early shopping, teen driver, distant student, homeowner, business and professional, youthful driver, and multi-car.
- Esurance has savings for good student, DriveSense, anti-lock brakes, emergency road assistance, and anti-theft.
- State Farm has discounts for accident-free, multiple autos, defensive driving training, good student, anti-theft, student away at school, and safe vehicle.
- GEICO discounts include good student, multi-vehicle, air bags, defensive driver, and five-year accident-free.
- Allstate may offer discounts for anti-theft, good student, FullPay discount, resident student, and anti-lock brakes.
The chart below shows the difference between insurance rates with and without some available policy discounts. Data assumes a female driver, no traffic citations and one accident, Florida state minimum liability limits, comp and collision included, and $500 deductibles.
The first bar for each age group shows premium with no discounts. The second bar shows the rates with paid-in-full, anti-theft, passive restraint, continuous coverage, multiple policy, and paperless filing discounts applied. When drivers qualify for the discounts, the average amount saved each year on car insurance for drivers with accidents is 28% or $956.
Impact of careless driving on car insurance rates
One of the best ways to snag cheap car insurance rates in Miami for drivers with at-fault accidents is to be an attentive driver and avoid accidents and traffic violations. The chart below illustrates how violations and accidents increase annual premium costs for different ages of insureds. The costs are based on a married female driver, full physical damage coverage, $500 deductibles, and no discounts are applied to the premium.
The data in the chart shows the average cost of car insurance in Florida per year with no accidents or violations is $2,041. Receive two speeding tickets and the average cost jumps to $2,899, an increase of $858 each year. Now get two accidents along with the two speeding tickets and the yearly cost of car insurance for drivers with accidents goes up to an average of $6,231. That’s an increase of $4,189, or $349 per month, just for not driving attentively!
The example below illustrates how your choice of deductibles can raise or lower insurance rates when researching cheap insurance for drivers with accidents. The premiums assume a married female driver, full coverage, and no discounts are factored in.
The chart above illustrates that a 40-year-old driver could lower their policy premium by $384 a year by switching from a $100 deductible to a $500 deductible, or save $578 by changing to a $1,000 deductible. Young drivers, such as the Age 20 example, have the ability to save $952 annually by choosing a higher deductible. When using a larger deductible, it’s a good idea to have additional funds in a savings account to allow you to pay the extra out-of-pocket expense that is associated with using high deductibles.