Florida Named Second Most Expensive State For Auto Insurance – NBC 6 South Florida

An analysis recently published by Bankrate indicates that Florida is the second most expensive state in the country for comprehensive auto insurance.

The report says that in 2021, auto insurance rates in Florida averaged about $2,364 per year for full coverage, compared to a national average of $1,674 per year. That equates to nearly $700 more for coverage in the state of Florida.

Reducing the amount you pay each year for car insurance coverage is one way to save money.

Michael Barry, director of communications for the Insurance Information Institute, says you should ask about discounts. For example, a good credit score can help you save money.

You might also get a discount if you don’t drive as much during the pandemic

“If it’s dropped below 8,000, if we’re talking about 7,000 maybe, 7,500 miles a year, you’re often entitled to a low mileage discount,” Barry said.

Your premium also goes down if you take a defensive driving course, which you can take online. There is even a good discount for students.

“Defensive driving is usually worth it because it will stay in effect for three years, and you’ll often see a decline of more than 10 percent, maybe even more, depending on your insurer,” Barry said.

Barry now says almost all major insurers offer consumers the option of using telematics to rate their driving.

“These sensors are able to detect what time of day you’re driving and if you’re having a headache – which is often a sign that you may be more likely to have an accident,” Barry said. .

You can also determine whether it’s worth keeping collision coverage, which pays for repairs or replacement costs up to the cash value of the car.

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