Cheapest Car Insurance for Felons in Florida

Wouldn’t it be great if you could know instantly that one perfect company that has the best auto insurance prices for felons? Unfortunately, it’s not that simple as there are a whole slew of unknowns such as the area you live in, what coverage limits you need, and the likelihood of your vehicle having a liability claim, that all help calculate your car insurance rates. We will touch on the different ways you can keep rates low and will give you some help in finding cheaper rates.

Deciphering which companies have the cheapest insurance rates for felons will take a little more work than just quoting one company’s rates. Every insurance company has a proprietary method for determining rates in each state, so let’s take a look at the overall cheapest insurance companies in Florida.

It’s important to know that Florida insurance rates are based on many factors that can increase the price of your policy. Turning one year older, increasing deductibles, or getting a couple of tickets may cause policy rate changes resulting in some rates now being cheaper than competitors.

Find Cheaper Car Insurance for Felons

Start Your Free Quote

USAA offers some of the most affordable car insurance rates in Florida at around $957 per year. Amica, Electric, Progressive, and Travelers are also some of the most economical Florida car insurance companies.

In the rate table above, if you are currently insured with Electric and switched to USAA, you could realize annual savings of approxmiately $789. Insureds with Progressive might save as much as $890 a year, and Travelers insureds might reduce rates by $988 a year.

Be aware that those rates are averaged across all insureds and vehicles and and are not calculated with a rate decrease for felons. So the auto insurance company that is best suited for you may not even be included in the list of companies shown earlier. That affirms the importance of why you need to get rate quotes from many companies using your own driver information and specific vehicle type.

When shopping for the cheapest insurance for felons, one of the many criteria that control the price of your policy is your zip code in Florida. Larger areas like Hialeah, Miami Gardens, and West Palm Beach will most likely have higher rates, whereas areas with less people or fewer weather incidents generally benefit from lower insurance rates.

The table below lists the most expensive areas in Florida for felons to buy an auto insurance policy in.

Premium amounts are comparative as specific Florida garaging address can increase or decrease coverage rates significantly.

The vehicle model that needs insurance is a large consideration when comparing quotes for the cheapest auto insurance for felons. Vehicles with lower acceleration and performance, a plethora of safety features, or a low likelihood of having liability claims will cost less to insure than adrenaline junky models.

The data below features coverage rates for some of the most budget-friendly vehicles to insure in Florida.

Table data assumes married female driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Florida minimum liability limits. Discounts applied include claim-free, multi-vehicle, safe-driver, homeowner, and multi-policy. Premium amounts do not factor in specific zip code location which can modify rates noticeably.

Table data represents married female driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Florida minimum liability limits. Discounts applied include safe-driver, claim-free, homeowner, multi-policy, and multi-vehicle. Estimates do not factor in the specific area where the vehicle is garaged which can impact premium rates greatly.

Price data assumes married female driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Florida minimum liability limits. Discounts applied include multi-policy, claim-free, multi-vehicle, homeowner, and safe-driver. Price information does not factor in vehicle garaging location which can lower or raise premiums greatly.

Should you buy full coverage?

Finding the cheapest car insurance for felons in Florida should be important to the majority of vehicle owners, and one of the easiest ways to find cheap insurance is to not buy full coverage. The information below illustrates the difference between yearly insurance costs with full physical damage coverage compared to only buying the minimum liability limits required in Florida. The information is based on no tickets, no at-fault accidents, $500 deductibles, marital status is single, and no additional discounts are factored in.

Averaged for all ages 20 through 70, full coverage costs $2,147 per year over and above liability only. That is a significant amount which raises the question if paying for full coverage is worth it. There is no specific rule for eliminating comp and collision coverage, but there is a general school of thought. If the yearly cost for physical damage coverage is more than about 10% of replacement cost minus your deductible, then it could be time to drop full coverage.

There are some circumstances where buying only liability insurance is not a good idea. If you still owe money on your vehicle, you have to carry full coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if your finances do not allow you to purchase a different vehicle in the event your current vehicle is totaled, you should keep full coverage in place.

Who has the cheapest insurance quotes for felons?

There are many different ways to find cheaper insurance in Florida, but the most frequently used methods are from an independent insurance agent, a captive (or exclusive) agent like Liberty Mutual or State Farm, or direct online or over the phone from a company like Progressive or Geico.

Each way is similar, but it’s important to understand the differences in how they function.

Independent agents write business for many companies and can compare coverage rates with all of them. These types of agencies possess the freedom to give you a larger rate selection, which can give you the best idea of how your rates compare. If you are not satisfied with one company, the agent simply finds a different carrier and you don’t have to do anything.

An exclusive ageny is able to quote prices with one insurance company, for example Allstate or Farmers Insurance agents. They usually cannot give you multiple price quotes, so they have no alternatives for high prices.

Direct insurance buyers bypass an exlusive or independent agent and instead shop direct from companies such as Geico or Esurance. Shopping direct is a good choice for drivers who do not need high levels of coverage and have knowledge of what is covered and what is not.

So comparing independent agents, exclusive agents, and direct, which one works best to buy the cheapest car insurance for felons in Florida? It would be easy to say buying direct yields the cheapest rates because you bypass the agent, but that generally is not the case. We could also assume that buying insurance from an independent agent is the best way to save since they can provide multiple quotes, but that assumption is also not accurate. And sometimes, exclusive agents have very competitive rates that independents and direct companies can’t touch.

Since insurance companies use so many rating factors, the best way to get rock-bottom rates is to get quotes and compare. Make the effort to get prices from all three types to have a good selection of rates to choose from. For a list of companies offering online discounts, click here to view.