Best Auto Insurance Rates in Palm Bay, Florida

On average your neighbors pay $98 a month.

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Compare Auto Insurance in Palm Bay

Friday, November 9 2018 By QuoteWizard

Forbes Magazine rated Palm Bay, Florida the 11th most innovative city in the nation in 2010. This small, but fantastic city has produced football players, baseball players, journalists, opera singers, and even congressmen. So, Palm Bay residents shouldn’t have to worry about finding cheap car insurance rates—QuoteWizard has that covered.

Average Palm Bay Car Insurance Rates

How much is car insurance in Palm Bay, FL? The average cost of insurance coverage in Palm Bay is higher than both the state and national average. Prices may vary depending on your policy limits, driving record, coverage, and the number of insurance claims filed in your zip code.

On average, auto insurance in Florida costs $1,185.25 per year. The national average price is $889.01.

Florida Average Annual Car Insurance Rates
Coverage Rates
Liability $857.64
Collision $282.96
Comprehensive $116.53
Total Cost Per Year $1,185.25
Price Per Month $98.77
Source: Facts + Statistics: Auto insurance

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.

Florida average car insurance rates

QuoteWizard helps consumers compare rates from both national insurance companies and local independent agents. QuoteWizard can help you find cheap car insurance rates near Palm Bay, Florida and save up to 40% on your premium.

Last year, 2,589 people used QuoteWizard to compare car insurance quotes in Palm Bay, FL from multiple companies to get the cheapest rates.

Best Car Insurance Companies in Palm Bay, FL

This is our list of the most common car insurance companies reported by QuoteWizard users living in Palm Bay, Florida last year. Of the 2,589 people who requested quotes, only 119 were uninsured.

  1. GEICO
  2. Allstate
  3. Progressive
  4. Esurance
  5. State Farm
  6. Liberty Mutual
  7. Nationwide
  8. USAA
  9. AAA
  10. Farmers
Get a quote from some of these top rated insurers! Request Quote Get a Quote From Top Insurers

Top 10 Vehicles

These are the most common car makes and models owned by Palm Bay, FL drivers requesting quotes through QuoteWizard last year.

  1. Ford F-150
  2. Honda Civic LX
  3. Honda Accord EX
  4. Hyundai Sonata GL/GLS
  5. Toyota Prius
  6. Dodge Caravan
  7. Chevrolet Blazer
  8. Ford Taurus SE
  9. Ford Explorer
  10. Chevrolet S-10
Get a quote for your vehicle. Request Quote Get a Quote For Your Vehicle

Minimum Car Insurance Requirements in Palm Bay, FL

Palm Bay, Florida has a minimum coverage requirement known as the 10/20/10 rule. This means each policy must include at least:

  • Individual Bodily Injury Liability (BIL): $10,000.
    This is the most your insurance company will pay for one person injured in a car accident. It applies only to people named on your policy.
  • Total Bodily Injury Liability: $20,000.
    This is the most your insurance company will pay in total for everyone injured in a car accident. It applies to you and people not named on your policy.
  • Property Damage Liability (PIL): $10,000.
    This is the most your insurance company will pay for property damage caused by a car crash. This includes all physical damage such as vehicle damage and damage to road fixtures. If you hit a telephone pole or road sign in Palm Bay, you’re covered.

Driving Conditions

Driving conditions like weather and traffic congestion are factors that can influence your insurance rates.

Palm Bay drivers saved up to $383 on their car insurance policies by comparing rates through our simple form.
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Weather

Palm Bay residents enjoy a warm, humid climate. Summers are long and hot. There is no dry season. Residents can expect just under 240 sunny days and just over 100 days with any measurable precipitation. Palm Bay receives an average of 48.9 inches of rainfall per year. Snow is virtually unheard of in this area.

Road Conditions

TRIP reports that 40 percent of the Palm Bay and Melbourne area's major roads have poor or mediocre pavement conditions. These road conditions cost drivers $421 a year in extra vehicle operating costs. These costs are a direct result of driving on rough roads that damage cars and waste gas because of delays due to congestion. They’re also a factor in car accidents.

Moving Violations

Moving violations such as speeding tickets, accidents, failure to stop, and reckless driving can give you a bad driving record and raise your insurance rates.

Traffic Tickets

The Palm Bay Police Department website allows you to pay traffic citations and tells drivers how to plead not guilty to contest tickets. You can also sign up for driver improvement school.

Palm Bay DUIs

Getting a DUI can cause all kinds of problems, especially increasing your rates. After your rates go up, legal and financial woes can stick around for months. Brevard County Sheriff’s office provides DUI data and updates via its website.  At the end of the day, a DUI can typically cost between $10,000 and $15,000.

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 Palm Bay DUI insurance.

Car Accident Statistics

Palm Bay police reported 1,329 motor vehicle crashes in 2016, resulting in 974 injuries. This was little changed from the 1,319 crashes reported in 2015.

Traffic Fatalities

Palm Bay Police reported twelve fatal car crashes in 2016. This was a little worse than the eleven fatalities reported in 2015.

Vehicle Theft Rates

Palm Bay reported 136 vehicle thefts in 2016. This is a rate of 1.26 thefts per 1,000 people, which is exactly half the rate for the US as a whole—2.20per 1,000 people. With an estimated population of 110,104, this is an extremely low rate.

Car Insurance Discounts

Discounts are one of the best ways to lower your insurance rates. Below are some of the auto insurance discounts available to Palm Bay, FL drivers. Find out which discounts you may qualify for with your current or multiple insurance companies for by getting a free quote.

  1. Bundle your auto policy with your homeowners, renters, or life insurance. Bundling is one of the best discounts because can save you more than any other single discount. Bundling insurance policies together under one insurer can knock as much as 20% off your premium
  2. Study hard in school and maintain at least a B grade point average to qualify for the good student discount
  3. Have good credit. If your credit rating has recently improved, get a quote. You may find yourself paying a smaller premium
  4. Keep your driving record clean with no tickets or accidents and you may qualify for the accident-free or safe driver discount
  5. Are you married or getting married soon? Some insurers offer drivers a marriage discount
  6. Live in a safe Palm Bay neighborhood with low crime and good drivers where residents file few insurance claims. Residents of zip codes with high crime and poor driving conditions file more of the claims that lead to higher rates

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