Cheap Auto Insurance Quotes for Drivers Over Age 50 in Florida

I’m sure you’ve seen the captivating ads from auto insurance companies like GEICO and Liberty Mutual that make claims of huge savings. So drivers should just choose the one with the most memorable commercial, right?

It’s just not that easy, however, as there are many unknown aspects like your driving record, your financial stability, the crime level of your neighborhood, and the deductible level you need. We are going to cover some of these things and educate you enough to have a good start in finding the cheapest insurance.

The vehicle requiring insurance is one of the primary factors in finding the most economical car insurance for drivers over age 50. Vehicles with lower acceleration and performance, excellent safety ratings, or a track record of few liability claims will cost less to insure than higher performance models.

The lists below estimates insurance prices for a handful of the most affordable automobiles to insure in Florida.

Prices based on married female driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Florida minimum liability limits. Discounts applied include claim-free, multi-vehicle, safe-driver, multi-policy, and homeowner. Rate information does not factor in specific location which can increase or decrease prices considerably.

Data based on married female driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Florida minimum liability limits. Discounts applied include safe-driver, homeowner, multi-vehicle, multi-policy, and claim-free. Table data does not factor in Florida location which can modify premium rates considerably.

Prices above based on married female driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Florida minimum liability limits. Discounts applied include multi-vehicle, homeowner, claim-free, safe-driver, and multi-policy. Price information does not factor in Florida location which can revise auto insurance rates significantly.

When buying car insurance for older drivers, one of the key things that is used by car insurance companies to determine the price you pay for insurance is where your residence is. Larger areas like Hialeah, Miami Gardens, and Miramar tend to have more expensive car insurance rates, whereas areas that tend to be more rural can boast about having cheaper rates.

The table below lists the most expensive areas in Florida for drivers over age 50 to purchase auto insurance in.

Table data uses approximated as the specific Florida residence address can modify rates substantially.

Discounts on Florida insurance

<img class="shadow floatright" src="http://www.quoteclickinsure.com/blog/wp-content/uploads/cheap-car-insurance-drivers-over-age-50-fl.jpg" alt="Cheaper Florida auto insurance for older drivers”/>Auto insurance companies that provide cheap auto insurance for drivers over age 50 in Florida may have premium discounts that may potentially lower prices by as much as 30% if you are eligible to receive them. Large auto insurance companies and a selection of discounts include:

• GEICO has savings for military active duty, membership and employees, federal employee, anti-theft, and defensive driver.
• Travelers offers discounts including new car, continuous insurance, early quote, multi-policy, student away at school, multi-car, and hybrid/electric vehicle.
• Farm Bureau offers premium reductions for safe driver, multi-vehicle, driver training, good student, 55 and retired, youthful driver, and multi-policy.
• Liberty Mutual discounts include new move discount, good student, new vehicle discount, newly married, multi-policy, and teen driver discount.
• American Family may offer discounts for TimeAway discount, Steer into Savings, bundled insurance, good student, air bags, defensive driver, and early bird.
• Progressive policyholders can earn discounts including multi-vehicle, continuous coverage, online signing, multi-policy, online quote discount, homeowner, and good student.

The illustration below compares auto insurance costs with and without discounts applied to the premium. The premiums assume a male driver, no driving violations, no at-fault accidents, Florida state minimum liability limits, comprehensive and collision coverage, and $100 deductibles. The first bar for each age group shows the average annual price with no discounts. The second shows the rates with homeowner, passive restraint, defensive driving course, marriage, anti-theft, and safe-driver discounts applied. When these discounts are applied to the policy premium, the the average yearly reduction on auto insurance for drivers over age 50 is 29% or $698.

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Buying coverage from a good quality company is hard considering how many choices there are in Florida. The ranking information displayed below could help you choose which insurers to look at when shopping car insurance rates for drivers over age 50. These rankings only include companies with a national presence, so companies that have a smaller presence are not taken into consideration for this list.

Top 10 Major Auto Insurers Overall in Florida

1. Travelers
2. USAA
3. Mercury Insurance
4. AAA Insurance
5. Nationwide
6. Allstate
7. State Farm
8. The Hartford
9. Safeco Insurance
10. Progressive

How to get cheap auto insurance for drivers over age 50 in Florida

It’s not impossible to find cheaper rates, and here are some of the recommended money-saving solutions that can help drivers get the cheapest coverage.

• Being accident-free can lower rates significantly
• Avoid getting citations and tickets
• If possible, pay for small claims out-of-pocket
• Insure your home and auto with the same company
• Safe vehicles generally have lower rates
• Compare rates often to find the best deal

The last suggestion is certainly important, as was emphasized in the article above. Prices vary considerably, so don’t hesitate to buy from a different company if a lower price can be found. Having brand loyalty is commendable, but it’s not a good idea if that faithfulness ends up costing you money that could be going to better use. Now is a great time to compare prices to find cheaper insurance for drivers over age 50.