Compare Auto Insurance in Miami
Average Miami Car Insurance Rates
How much car insurance in Miami, FL cost? The high rate of car accidents per capita means that more claims are filed here than in most cities. Residents shouldn't be surprised to learn this means the average cost of insurance coverage in Miami is higher than the national average. The average cost of car insurance in Miami is $1,358.05 a year for men and $1,462.11 for women. The average cost of auto insurance in Florida is $1,176 per year. The national average price is $889.01.
Prices will vary depending on many factors including your driving record and the total number of claims filed in your zip code.
|Total Cost Per Year||$1,358.05||$1,462.11|
|Price Per Month||$113.17||$121.84|
|These average rates are based on our sample quote data. 1|
The graph below shows the change in Florida's insurance rates from 2011 to 2015, the most recent year the data is available. According to the III, Florida car insurance rates increased from $1,090 in 2011 to $1,140 in 2015, a jump of $94, or 8.68 percent.
QuoteWizard helps you compare insurance quotes from the top national companies and local independent agents to ensure that you’re getting the best deal. Comparing quotes can help you find cheap car insurance rates near Miami, Florida and save up to 40% on your premium.
Last year, 29,917 people used QuoteWizard to get an auto insurance quotes comparison in Miami, FL from multiple companies and get the cheapest rates.
Best Car Insurance Companies in Miami, FL
This is our list of the most popular car insurance companies reported by QuoteWizard users living in Miami, Florida last year. Of these users, 3,989 did not have insurance when they requested a quote.
Other popular Miami car insurance companies: MetLife, Mercury, Country Financial, Hartford, 21st Century, American Family, Safeco, and Travelers.
Top 10 Vehicles
These are the top most popular car makes and models owned by Miami, FL drivers requesting quotes through QuoteWizard last year.
- Honda Accord LX/EX
- Nissan Altima 2.5 S
- Ford F150
- Honda Civic LX/EX
- Toyota Corolla CE/LE/S
- Toyota Camry LE/XLE/SE
- Hyundai Sonata GLS
- BMW 328I
- Ford Explorer
- Toyota Yaris
Minimum Car Insurance Requirements in Miami, FL
Miami, Florida has a minimum liability coverage requirement known as the 10/20/10 rule. This means each driver's policy must include at least the following two components:
- Property Damage Liability (PDL): $10,000.
The maximum your insurance company will pay for property damage caused by a car accident.
- Personal Injury Protection (PIP): $10,000.
The most your insurer will pay for injuries sustained in a car accident regardless of who is at fault.
A recent report by Allstate on safe driving ranked Miami, FL 123rd out of 200 cities. Most US drivers go 10 years without having an accident. Drivers here are involved in crashes every 8.2 years. Out of the 29,917 Miami drivers that used QuoteWizard to request quotes last years, 1,276 or 4.2% said they had incidents on their driving records.
Driving conditions are factors that can influence insurance rates.
The weather in Miami can be described in one word: tropical. It’s hot, humid, and it rains a lot, sometimes with monsoon ferocity. Miami sees 135 days with measurable rainfall averaging nearly 62 inches a year. Regular afternoon thunderstorms can make driving quite hazardous.
TRIP reports that 8 percent of major Miami streets are in poor condition. 48 percent are mediocre. These under-maintained streets contributing to the $427 a year drivers pay for extra vehicle operating costs. These additional operating costs are a direct result of driving on rough roads that damage cars. They also waste time and gas because of delays due to congestion. Rough roads are also a contributing factor in car accidents.
TomTom's annual traffic index report has ranked Miami 7th for worst traffic congestion in the United States. An average commuter spends an extra 33 minutes per hour stuck in traffic during rush hour commutes lasting 60 minutes. 125 hours a year is wasted in commutes lasting 30 minutes.
Moving violations like failure to yield, speeding, at-fault accidents, or drunk driving can add points to your driver's license and give you a bad driving record. This will drive your insurance rates higher. Some drivers accumulate so many moving violations and points that they're forced to get high-risk auto insurance.
The Miami-Dade County Clerk of Courts website allows you to pay traffic citations. It also tells drivers how to contest tickets and provides helpful traffic court information.
Miami police issued more than 25,808 traffic summons for moving violations in 2014, a decrease of 28.3% from the number issued in 2013.
SR-22 or FR-44 DUI Insurance
A DUI conviction may require you to obtain an SR-22 or FR-44 form. Request a quote and we'll will connect you with local agents from top companies that specialize in Miami DUI insurance.
Car Accident Statistics
Miami Police reported 10,282 car crashes in 2016, resulting in 4,585 injuries. This was a decrease from the 10,899 accidents reported in 2015.
Miami reported 20 motor vehicle crashes with fatalities in 2016. This works out to a fatality rate of 6.46 per 100,000 residents.
Vehicle Theft Rates
Miami Police reported 2,300 vehicle thefts in 2016. A theft rate of 5.22 per 1,000 residents.
Car Insurance Discounts
Are you looking for cheap car insurance? Discounts are one of the best ways to lower your insurance rates. These are only a few of the auto insurance discounts available to Miami, FL drivers. Get a quote and find out whether you’re paying too much for your car insurance policy.
- Bundle your insurance policies. Bundling your auto with your homeowners or renters insurance could save you as much as 15%
- Get a new car with advanced safety features like anti-lock brakes or electronic stability control
- If you're 55 or older you could qualify for either the senior discount or the 55 and retired discount
- Active duty and retired members of the Military, National Guard, or Reserves are entitled to discounts for their service
- Maintain at least a B grade point average in school to qualify for the good student discount
- Safe driver. If you have a perfect driving record, with no tickets or accidents, you may qualify for the safe driver or accident-free discount
1 We compared rates from three different insurance companies for 30-year-old male and female drivers with a 2010 Honda Accord. Our rate profiles have a clean driving record and drive less than 10,000 annual miles. Coverage includes state liability minimum of 25/50/10 and 25/50/10 underinsured motorist coverage. Policies also include $10,000 personal injury protection and a $500 comprehensive and collision deductible.
Car insurance agents in Miami, FL:
Pembroke Pines, FL 33029
Your auto and homeowners specialist, we do the shopping for you.
- City of Miami, Florida
- City of Miami Police Department Annual Report 2014
- Miami-Dade County - Clerk of Courts
- Miami Florida Crime Rates
- National Highway Traffic Safety Administration
- United States Census Bureau - Miami, FL
QuoteWizard.com LLC has made every effort to ensure that the information on this site is correct, but we cannot guarantee that it is free of inaccuracies, errors, or omissions. All content and services provided on or through this site are provided "as is" and "as available" for use. QuoteWizard.com LLC makes no representations or warranties of any kind, express or implied, as to the operation of this site or to the information, content, materials, or products included on this site. You expressly agree that your use of this site is at your sole risk.