Florida, Sunshine State, is well-known for its beaches and theme parks. But… what about the sky-high rates of car insurance? Yep, that’s right. It may feel as if you are spending a small fortune to insure your wheels when you’re driving through Florida. You don’t have to give up! There are Quick Florida Car Quotes ways to cut those costs and still maintain coverage.
Do some research like you are searching for buried treasure. Don’t accept the very first quote sent to your email. Comparing different quotes will reveal savings that you may not have expected. The same as dating: you wouldn’t get married to the first person that says hello unless they brought tacos.
Consider raising your deductible. It’s like betting that you won’t have an auto accident. You can save money on your monthly premiums by choosing a higher deductible. But, be prepared to pay more for the insurance if you have an accident. If you are a safe motorist, it’s worth the gamble.
Bundle yourself up! Not with scarves, mittens, or gloves – after all this is Florida – but by combining your policies. Many insurance companies offer discounts for combining auto insurance with renters, home, or life insurance. Costco offers great deals on bulk purchases. Who doesn’t enjoy a good bargain?
Remember to look for discounts as well! There’s more to discounts than you would think. For example, there are student discounts, for those who work hard in school. Also, there are safe driver discounts, for those who stay out of accidents. And, if you park your car more than drive it, then you can get a low-mileage discount.
Do not forget to keep track of your score. In Florida insurers are allowed to use credit scores when calculating rates. A better credit score is often translated into lower insurance rates.
One more nugget: consider optional coverages. These may not benefit you. Collision insurance might not be necessary if you have an older car that would cost too much to repair.
PIP is Personal Injury Protection, a Florida requirement under the no-fault law. Although it is not negotiable by state law, comparing the coverage that you have to what you’re currently paying can save you money.
Have you ever heard of usage-based car insurance? Some companies offer policies where your premium is determined by how safe and much you drive. This information can be tracked via an app or device that’s installed in your automobile. It’s almost like Big Brother is with you but can result in substantial savings if not every day.
Last but not least, make sure you review your insurance policy annually. Life changes as fast as a gator closing his jaws. Perhaps you’ve decided to take public transport because it is less stressful or moved closer. These changes in lifestyle can affect the premium.
You can save money on Florida auto insurance by following these tips. Do not hesitate to start looking into these options, because no one wants to waste money.