Florida is known as the Sunshine State for its theme parks, beaches and… high car insurance rates? Yep, that’s right. You might think that you have to pay a fortune for your car insurance in Florida. Don’t give up just yet. You can cut costs without sacrificing your coverage at Quick Florida Car Quotes!
Shop around as if you were searching for hidden treasure. Do not accept the first quote you receive. Comparing multiple quotes can result in significant savings. You wouldn’t marry someone who said hello to you (unless they brought tacos).
Consider raising your deductible. Consider it a bet on your own safety. Higher deductibles mean lower monthly payments, but you’ll have to pay out of pocket more if anything goes wrong. This is a risk, but if you are a good driver you could save a lot of money.
Bundle up. Combine policies, not scarves or mittens – this is Florida afterall. Most insurers will offer discounts when you bundle your auto insurance and home or renters’ insurance. Who doesn’t like a good deal, just like when you buy in bulk at Costco?
Discounts are also important when it comes to deals. You’ll find more discounts than you think. There are discounts for students who do well in school, discounts for safe drivers, discounts for people who don’t get into accidents, and discounts for low-mileage cars that spend more time parked on I-95 than driving.
Also, keep an eye on your score. In Florida, insurance companies can include credit scores in their calculations. Better scores often translate into lower rates, like getting rewarded for being responsible adults.
Consider optional coverages. They may not be the best choice for you. You may not need collision coverage if you drive an old car that is more expensive to repair than its value.
PIP (Personal Injury protection) is a Florida no-fault requirement. Understanding how much coverage is needed versus the amount you pay can help you save money.
Have you heard of usage-based insurance plans? Some companies offer insurance plans that base your premium on how well and how often you drive, tracked by an app or device in your vehicle. This is like having Big Brother with you, but it could save you a lot of money if your car doesn’t get abused every day.
Review your policy every year, as things change faster than an alligator closing its jaws! You may have moved closer to your workplace or decided that public transportation is more stress-free. These lifestyle changes can impact your insurance premium.
This whirlwind guide to saving money on Florida car insurance will show you that knowledge is powerful. It can also put some cash in your pocket. Start exploring your options now because no one likes to spend money that they don’t need to, even if the weather is sunny.