Cheap car insurance in Miami, FL

Miami city is a financial, economic and cultural center located in the county of Miami-Dade, Florida State. The city has an area of approximately 150 km2 and is the 6th most densely inhabited major city in USA, having a population of more than 470 thousand citizens.

Miami has many drivers that need auto insurance. Unfortunately, the city of Miami is among the cities that have the highest rates of auto insurance in the whole country. This is mainly contributed by its sub-tropical weather, high number of drivers that are elderly as well as the no-fault laws of Florida. However, you can be able to find cheap and affordable car insurance in Miami by shopping as well as comparing quotes. In the article, we’ve analyzed various aspects of auto insurance in Miami to help you get low auto insurance rates.

Miami Car Insurance Information

Of all the cities in the State of Florida that have the most expensive rates of auto insurance, Miami lies at the 1st position. Vehicle owners in the city of Miami pay 1.5 times or 150 % more in auto insurance premiums than the average auto insurance of the State and 4.5 times/ 450% more than national average.

The annual average rates of auto insurance in Miami, Florida is approximately $4,113/ year in comparison to the nationwide average of $900. This makes it necessary to shop for few quotes of auto insurance before purchasing your car insurance policy.

The table below clearly shows the average auto insurance cost of Miami, Florida State and the national average

CHEAPEST CAR INSURANCE COMPANIES IN Miami

In order to determine the company with the cheapest auto insurance rates, we compared the rates of various auto insurance firms that are based in Miami. It’s also worth noting that the rates of car insurance tend to vary depending on the age or sex of the driver. However, the biggest factor that affects costs is the variability in the quotes of the companies. For instance, in Miami, the highest auto insurance quote was 400% higher or $4,776 as compared to the cheapest auto insurance firm’s quote that was $1,142. Therefore, we encourage our customers to obtain auto insurance quotes from a minimum of 3 car insurance firms so that they can make a comparison on the rates.

To make things even easier for you, we’ve made a list of the top 10 cheapest auto insurance firms in Miami together with their annual auto insurance rates in the table below.

Rank Car insurance company name Annual Rate
1 Kingsway America $4776
2 Metlife $4596
3 United Automobile $4092
4 Mercury $3912
5 All State $3504
6 Allied $3336
7 Electric $2808
8 Progressive $1347

Miami Car Insurance Rate by Zip Code

Data recorded in the above table compares various rates of auto insurance in Miami by the zip codes. We’re trying to give an explanation of how auto insurance rates tend to change from one zip code to another. For instance, in Miami, the average rate of auto insurance for 30 year old male drivers is $2304 at 33139 zip code, whereas the average rate of auto insurance for similar drivers for similar drivers increase to $3567 at 33130 zip code. We can clearly note that this results to a price increase of about $1260 / year as zip codes in Miami change. Therefore, it’s essential that you select the correct zip code when searching for auto insurance so that you get the most affordable rate of auto insurance in Miami.

Luckily, this is exactly what Network auto insurance does for you. We can assist you select the appropriate zip code when insuring your car to ensure that you get the cheap car insurance in Miami.

Miami Zip Codes Gender Age Average Rate($) Lowest($) Highest($)
33126 Male 30 3291 1341 5406
33127 Male 30 3493 1341 6824
33150 Male 30 2996 1341 4214
33145 Male 30 3391 1524 6824
33130 Male 30 3567 1341 6824
33138 Male 30 2591 1341 3863
33137 Male 30 2596 1341 3890
33134 Male 30 2887 1524 3963
33133 Male 30 2706 1524 3963
33139 Male 30 2304 1216 3724

Miami CAR INSURANCE RATES BY AGE

Age Women ($) Men ($))
70 1908 1953
60 1878 1923
50 1949 1996
40 2148 2116
30 2357 2304
20 3818 4427

The table below contains data that compares the rate of auto insurance in Miami for both genders and various age groups. We’re attempting to give an explanation of how the rates of auto insurance is affected by gender and how they change with the driver’s age.

For instance, in Miami, the average auto insurance rate for 20 year old male drivers is $4,427 whereas the average rate of insurance for women of the same age range decreases to reach $3,818. Additionally, the car insurance rate for 30 year old female and male drivers is almost similar costing about $2,300 / year.

We can clearly see a huge decrease in price ($2,100/ year) while the age range of the driver moves from 20 years to 30 years. Additionally, Miami auto insurance quotes within the age range of 30 to 70 years becomes stable costing approximately $1,900 for both genders. You can therefore obtain the cheapest auto insurance rate within this age range.

We’ll help you select the right family member to get your car insurance to ensure that you get the cheapest auto insurance rate in Miami, Florida.

MINIMUM CAR INSURANCE REQUIREMENT IN Miami

Insurance type Miami minimum requirement
Underinsured/ uninsured motorist bodily injury Unavailable
Property damage $10000
Bodily injury liability Unavailable

Miami city requires car insurance with the minimum protection from bodily injury of $5000 for every person or $100000 for every accident as well as $10000 for the property damage for every accident. Therefore, we recommend that you obtain the best probable auto insurance coverage through the cheapest price possible. Luckily, this is specifically what Network insurance does for you. Contact us and we’ll find you a cheap car insurance company based on your exact Zip code.

Top car insurance agents in Miami

Estrella Insurance

2032 NW 17th Ave, Miami, FL 33142, USA

estrellainsurance.com

The Market Auto Insurance Agency

7900 NW 27th Ave #604b, Miami, FL 33147, USA

themarketinsurance.com

Direct Auto & Life Insurance

14800 NW 7th Ave, North Miami, FL 33168, USA

directgeneral.com

Pini Insurance

6285 Bird Rd, Miami, FL 33155, USA

pininsurance.com

Florida Plus Auto Insurance

17368 S Dixie Hwy, Miami, FL 33157, USA

floridaautoplusinsurance.com

Filer Insurance

9440 SW 77th Ave, Miami, FL 33156, USA

filerins.com

Freeway Auto Insurance Services

1205 W Flagler St, Miami, FL 33135, USA

freewayinsurance.com

Sunshine Auto Insurance Agency

2595 SW 87th Ave, Miami, FL 33165, USA

sunshineinsuranceonline.com

Miami FL DEMOGRAPHY

Getting to Know Miami, Florida

The city of Miami is located at the southeastern tip of Florida. It has a Cuban influenced that’s reflected in cigar shops and café around Little Havana.
  • Population 470914 (2018)
  • Land Area 143 km²
  • Per Capita Income USD 15128
  • Population Density 11135 per square mile
  • Longitude 80° 12’ 32” W
  • Latitude 25° 46’ 31” N
  • Area code 786 and 305