How Much Does Car Insurance Cost After a Speeding Ticket in Florida?

Wouldn’t it be awesome if we knew the one company that has the best deal on coverage after a speeding ticket? Unfortunately, it’s just not that easy, as there are a whole bunch of unknowns like if you own your own home, whether you just need liability insurance, and what deductibles you want to use, that help determine the price you have to pay. In this article, we will teach you about some of these criteria and also should give you a good start in finding the cheapest car insurance.

Buying low-priced auto insurance is not most people’s favorite thing to do, and finding out which company has the lowest-priced insurance rates after a speeding ticket involves additional perseverance. Every insurance company has a proprietary method for setting prices, so let’s take a look at the most competitive insurance companies in Florida.

It’s a good idea to know that Florida insurance rates are impacted by many factors which can substantially change the price you pay for coverage. Improving your credit score, getting married, or getting a driving violation can trigger price changes that can cause some rates to be higher when they were quite affordable.

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USAA may offer some of the cheapest car insurance rates in Florida at around $986 a year. Amica, Electric, Progressive, and Mercury are also some of the best Florida auto insurance companies.

In the rate table above, if you currently have coverage with Mercury and switched to Amica, you might achieve yearly savings of in the vicinity of $220. Insureds with Travelers may save as much as $232 a year, and Allied insureds might cut rates by $251 a year.

To discover how much you can save, click here to start a quote or visit any of the companies below.

Bear in mind that those premiums are averages for all ages of drivers and types of vehicles and do not take into consideration a price discount after a speeding ticket. So the car insurance company that can offer you the best rate may not even be in the rate chart shown above. That underscores the importance of why you need to compare as many prices as possible using your own personal information and vehicle type.

The vehicle you are seeking coverage for is probably the biggest factor that determines the availablility of cheap insurance after a speeding ticket in Florida. Vehicles with lower performance, excellent safety ratings, or a track record of few liability claims will cost quite a bit less to insure than adrenaline junky models. The information below presents insurance rates for the most economical vehicles to buy coverage for.

Table data represents married female driver age 50, two speeding tickets, no at-fault accidents, $1,000 deductibles, and Florida minimum liability limits. Discounts applied include multi-policy, homeowner, multi-vehicle, and claim-free. Price estimates do not factor in specific zip code location which can decrease or increase coverage rates noticeably.

Based upon these rates, you can see that vehicles like the Ford F-150, Jeep Wrangler, Honda CR-V, Chevrolet Traverse, and Ford Escape will definitely be a few of the most economical vehicles to insure after a few driving violations.

Buying coverage from a good quality car insurance company can be challenging considering how many companies sell coverage in Florida. The rank data in the lists below may help you choose which providers to look at comparing prices from.

The ratings below include companies that write coverage in many states, so smaller regional companies are not taken into consideration for these rankings. If you wish to compare rates from these top insurers and more, simply click here.

Top 10 Major Auto Insurers in Florida Ranked by Customer Satisfaction

1. USAA – 91%
2. AAA Insurance – 90%
3. Esurance – 90%
4. Mercury Insurance – 89%
5. Nationwide – 89%
6. Travelers – 88%
7. Progressive – 88%
8. Safeco Insurance – 88%
9. State Farm – 88%
10. Allstate – 88%

Top 10 Major Auto Insurers in Florida Ranked by A.M. Best Rating

1. Travelers – A++
2. USAA – A++
3. GEICO – A++
4. State Farm – A++
5. Titan Insurance – A+
6. Esurance – A+
7. Progressive – A+
8. The Hartford – A+
9. Allstate – A+
10. Nationwide – A+

The illustration below demonstrates how deductible levels can influence annual premium costs when getting quotes for cheap insurance after a speeding ticket. The costs are based on a married female driver, comprehensive and collision coverage, and no discounts are factored in.

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The data above shows that a 30-year-old driver could lower their car insurance rates by $332 a year by switching the physical damage coverage from a $100 deductible to a $500 deductible, or save $500 by selecting a $1,000 deductible. Even younger insureds, like the 20-year-old category, could potentially save $708 each year by using a higher deductible.

If you do decide to increase your deductibles, it is important to have enough funds in savings to enable you to pay the extra out-of-pocket expense that deters many people from opting for higher deductibles.

How to find the cheapest auto insurance after a speeding ticket

The list below shows many penny-pinching suggestions that can help Florida drivers buy low-cost coverage.

• Buy a car with high safety ratings
• Increase your policy deductibles
• Avoid accidents
• Good credit can save money
• Do not get tickets
• Full coverage may not be needed on older vehicles
• Comparison shop at least every other year

The last idea is notably significant, as was affirmed in the prior article. Coverage prices vary considerably, so don’t be tentative to switch carriers if a lower price can be found. We understand brand loyalty, but it’s not a great idea if your bullheadedness ends up costing you major coinage every year. If you have a few minutes, shop around and find cheaper car insurance after a speeding ticket.