Cheap Car Insurance for a Learners Permit in Florida

Finding decent, low-cost auto insurance is difficult, and finding out which companies have the cheapest insurance rates for a learners permit will require even more shopping around. Coverage rates should be much more expensive than the average policy in Florida attributed to the potential for more claims that comes with offering coverage for new drivers, but affordable coverage may be possible if you find the right company.

Every insurance provider uses a little different formula to set policy rates, so let’s rank the most budget-friendly insurance companies in Florida.

Best Car Insurance Prices in Florida

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USAA may have some of the most affordable car insurance rates in Florida at around $957 annually. Electric, Amica, Progressive, and Mercury are also some of the best Florida insurance companies.

In the above example, if you are currently insured with Progressive and switched to Electric, you might realize an annual savings of roughly $83. Policyholders with Mercury may save as much as $187 a year, and Travelers insureds might lower prices by up to $199 a year.

Remember that these premium estimates are averages for all drivers and vehicles in Florida and do not take into consideration a rate increase for a learners permit. So the insurer that has the lowest price for you may not even be included in the above rate chart. That points out the importance of why you need to get rate quotes using your own specific driver and vehicle information.

One of the more important things used to establish the amount you pay for auto insurance is where you live. Regions with larger populations or more claims like Hialeah, Miami, and Miramar tend to have more expensive car insurance rates, whereas less populated areas tend to receive slightly lower rates.

The illustration below ranks the most expensive areas in Florida for a learners permit to buy an auto insurance policy in.

Annual rates are comparative as specific Florida garaging address can influence auto insurance rates considerably.

The chart below shows how choosing a deductible can affect insurance rates when researching cheap insurance for a learners permit. The information is based on a married male driver, comprehensive and collision coverage, and no discounts are applied to the premium.

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As shown above, a 30-year-old driver could lower their car insurance rates by $320 a year by switching the physical damage coverage from a $100 deductible to a $500 deductible, or save $486 by selecting a $1,000 deductible. Youthful drivers, like the 20-year-old example, could potentially save as much as $966 annually by using higher deductibles when buying full coverage. If you make the decision to raise deductibles, it is essential to have additional savings on hand to enable you to pay the extra out-of-pocket expense, which is the primary disadvantage of high deductibles.

How to find economical car insurance for a learners permit

The list below shows some of the recommended money-saving suggestions that can help Florida drivers get more affordable auto insurance.

• Keep your driving record clean
• Drivers with good credit ratings often pay less
• Avoid having at-fault accidents
• Higher comprehensive and collision coverage deductibles will save money
• Get cheaper liability coverage by choosing a safer vehicle
• Do not pay for full coverage on older vehicles
• Check for cheaper rates once a year

That final tip is certainly crucial, as we pointed out in this article. Insurance rates change a lot, so drivers shouldn’t be resistant to buy from a different company if a cheaper rate is available. Staying with the same company for years is fine, but it isn’t a good idea if your bullheadedness ends up costing you a lot of money every month. Spend a few minutes and compare rates and find cheaper car insurance for a learners permit.