Cheapest Car Insurance Quotes In Daytona Beach, FL For 2024
GEICO is the most affordable choice in Daytona Beach, with an average monthly rate of $30.
We’ve saved shoppers an average of $600 per year on their car insurance.
When searching for the most budget-friendly car insurance in Daytona Beach, Florida, there’s a range of options to consider. However, GEICO stands out for its competitive pricing. On average, residents can obtain car insurance for approximately $30 per month, significantly below the state’s average of $227.
For individuals interested in the most economical liability-only coverage, GEICO is the top choice. On the other hand, those in need of more extensive protection may find that State Farm provides the best rates for full coverage policies, priced at $130 monthly. Additionally, State Farm offers the most affordable rates for young drivers, coming in at $238 per month.
Cheapest Car Insurance Companies In Daytona Beach, FL
Our Methodology
Utilizing a broad spectrum of criteria including customer service evaluations, available product choices, pricing structures, and extensive reviews from multiple online platforms, I've compiled a comprehensive assessment of the car insurance market in Daytona Beach, Florida. This perspective is well-informed, drawing from more than 15 years of active engagement in the insurance sector as a licensed agent. Throughout this period, I've had numerous interactions with representatives from different companies, gaining valuable insights from firsthand experiences.
Quotes Analyzed
Years Of Industry Experience
Brands Reviewed
Research Hours
How Much Is Car Insurance In Daytona Beach, FL?
GEICO provides the most economical car insurance in Daytona Beach, FL, with coverage available for $181 per month. This rate significantly undercuts the average rates in both Florida and the entire United States, as demonstrated in the table below:
| Area | Average Monthly Rate |
| National | $152 |
| Florida | $227 |
| Daytona Beach, FL | $181 |
Keep in mind that the national average cost encompasses a range of states, from high-cost ones like New York, New Jersey, and California to low-cost states such as Mississippi, Kentucky, and Wyoming. Rates are subject to variation based on several factors, including vehicle type, coverage amount, zip code, driving history, and more.
Cheapest Car Insurance Rates In Daytona Beach For Young Adults
State Farm provides the most affordable quotes for young adults in Daytona Beach, with rates averaging around $238 per month.
| Provider | Average Monthly Cost | Average Annual Cost |
| State Farm | $238 | $2,876 |
| GEICO | $282 | $3,384 |
| Farmers | $511 | $6,130 |
| Allstate | $376 | $4,510 |
| Allstate | $323 | $3,874 |
In Florida, young adult drivers usually enjoy lower car insurance rates compared to teenagers. This difference in pricing is due to the development of driving habits and a corresponding decrease in risky behaviors as drivers mature.
Statistically, young adults are less inclined to file insurance claims, indicating a decrease in accident involvement. As a result, insurers lower premiums, acknowledging the improved safety records and reduced likelihood of claims from these more seasoned drivers.
Cheapest Car Insurance Rates In Daytona Beach For Full Coverage
State Farm offers the most affordable car insurance rates for full coverage in Daytona Beach, with average quotes standing at $130 per month.
| Provider | Average Monthly Cost | Average Annual Cost |
| Progressive | $210 | $2,520 |
| State Farm | $130 | $1,141 |
| Mercury | $190 | $2,278 |
| Allstate | $233 | $2,800 |
| GEICO | $145 | $1,738 |
Full coverage car insurance provides comprehensive protection beyond the basic legal requirements. It typically combines comprehensive and collision coverages.
Comprehensive coverage protects against non-collision incidents such as theft, vandalism, or natural disasters, while collision coverage provides financial coverage for vehicle damages resulting from accidents, regardless of fault.
Cheapest Car Insurance Rates In Daytona Beach For Seniors
State Farm offers the most affordable car insurance rates for seniors in Daytona Beach, with average quotes averaging $55 per month.
| Provider | Average Monthly Cost | Average Annual Cost |
| State Farm | $55 | $658 |
| GEICO | $63 | $754 |
| Progressive | $170 | $2,038 |
| Mercury | $162 | $1,932 |
| Allstate | $112 | $1,342 |
In Florida, seniors often encounter favorable car insurance rates due to various advantageous factors. While age is traditionally a consideration in insurance rate calculations, older age doesn’t always correlate with diminished driving abilities, contrary to common stereotypes.
Cheapest Car Insurance Rates In Daytona Beach For Minimum Coverage
GEICO offers the most budget-friendly car insurance for minimum coverage in Daytona Beach, with an average monthly cost of $30.
| Provider | Average Monthly Cost | Average Annual Cost |
| GEICO | $30 | $358 |
| Progressive | $120 | $1,438 |
| Mercury | $80 | $958 |
| State Farm | $78 | $934 |
| Nationwide | $76 | $910 |
A minimum car insurance policy should include at least the following coverage:
- $10,000 for bodily injury per person
- $10,000 for bodily injury per accident
- $10,000 for property damage per accident
Maintaining minimum car insurance offers a degree of protection while driving, covering liabilities for damages caused to others. However, it lacks collision or comprehensive coverage, leaving your vehicle uninsured for damages incurred in accidents or other events such as theft or natural disasters.
It’s important to note that driving without insurance is against the law in Florida. Failing to provide proof of insurance during a traffic stop can lead to penalties, including fines, license suspension, or more severe consequences.
Cheapest Car Insurance Rates In Daytona Beach For Teenagers
Teenage drivers in Daytona Beach can secure the most affordable quotes from Mercury, with average monthly premiums of $150.
| Provider | Average Monthly Cost | Average Annual Cost |
| Mercury | $150 | $1,798 |
| 21st Century | $387 | $4,642 |
| Liberty Mutual | $327 | $3,921 |
| Direct Auto | $380 | $4,591 |
| State Farm | $380 | $4,591 |
Teenage drivers typically encounter the highest car insurance premiums, primarily because of their lack of experience on the road. Insurance providers view these young drivers as high-risk due to statistics showing they are more likely to be involved in accidents and commit traffic violations.
Cheapest Car Insurance Rates In Daytona Beach For Good Drivers
In Daytona Beach, good drivers can access the most affordable car insurance quotes from GEICO, priced at approximately $30 per month.
| Provider | Average Monthly Cost | Average Annual Cost |
| GEICO | $30 | $358 |
| Progressive | $120 | $1,438 |
| Mercury | $80 | $958 |
| State Farm | $78 | $934 |
| Nationwide | $76 | $910 |
Drivers with clean driving records in Daytona Beach often benefit from lower car insurance rates because they are seen as lower risk. Insurance companies assess driving records to determine how safely individuals drive. Fewer incidents, such as accidents or traffic violations, indicate cautious driving behavior and a reduced likelihood of filing claims.
Because insurers base their rates on the probability of a driver making a claim, a pristine driving record can result in substantial savings on premiums. It’s all about evaluating risk – the cleaner the record, the lower the perceived risk, and consequently, the lower the insurance cost.
Cheapest Car Insurance Rates In Daytona Beach For Drivers With Prior Incidents
In Daytona Beach, drivers with records of traffic violations, such as accidents, speeding tickets, or DUIs, frequently encounter challenges in obtaining affordable car insurance. These driving infractions lead insurance companies to categorize them as high-risk, anticipating a greater likelihood of filing future insurance claims.
As a result, insurance providers raise their rates for these individuals to offset the risk of potential higher claim payouts.
Cheapest Car Insurance Rates In Daytona Beach For Drivers With A Speeding Ticket
State Farm provides relatively inexpensive car insurance compared to other companies, offering average rates of $176 per month.
| Provider | Average Monthly Cost | Average Annual Cost |
| State Farm | $176 | $2,099 |
| Travelers | $241 | $2,842 |
| Geico | $320 | $3,894 |
| Allstate | $329 | $4,012 |
| Progressive | $368 | $4,477 |
Cheapest Car Insurance Rates In Daytona Beach For Drivers With An At-Fault Accident
State Farm provides the most affordable car insurance quotes for drivers with an at-fault incident, with an average rate of $193 per month.
| Provider | Average Monthly Cost | Average Annual Cost |
| State Farm | $193 | $2,375 |
| Travelers | $259 | $3,218 |
| Geico | $265 | $3,242 |
| Progressive | $400 | $4,897 |
| Allstate | $555 | $6,717 |
Cheapest Car Insurance Rates In Daytona Beach For Drivers After A DUI
For drivers in Daytona Beach with a DUI on their record, State Farm offers the most competitive rates, with average monthly premiums of $188.
| Provider | Average Monthly Cost | Average Annual Cost |
| State Farm | $188 | $2,319 |
| Travelers | $269 | $3,286 |
| Progressive | $319 | $3,623 |
| Geico | $337 | $4,042 |
| Allstate | $407 | $5,059 |
Best Car Insurance Companies In Daytona Beach
Selecting the appropriate car insurance company in Daytona Beach involves balancing affordable rates with dependable protection on the road. Here are the top 10 car insurance companies in Daytona Beach, FL, ranked by the average monthly rate they offer:
| Company | Monthly Premium |
| Mercury | $185 |
| Liberty Mutual | $338 |
| Direct Auto | $182 |
| Direct General | $209 |
| Mercury | $212 |
| Allied | $180 |
| Allstate | $187 |
| State Farm | $121 |
| 21st Century | $175 |
| Nationwide | $92 |
Average Car Insurance Rates By Age In Daytona Beach
| Age | Average Yearly Rate |
| Teenagers | $4,510 |
| 20s | $2,971 |
| 30s | $2,263 |
| 40s | $2,191 |
| 50s | $2,047 |
| 60s | $2,073 |
| 70s | $2,540 |
Age plays a crucial role in determining car insurance rates. Typically, younger drivers, especially teenagers and young adults, encounter higher insurance premiums due to their lack of experience and higher statistical probability of accidents and traffic violations. However, as drivers approach the age of 25, their rates generally begin to decrease, assuming they maintain a clean driving record.
The most favorable insurance rates are often offered to drivers in their 50s and early 60s. Insurance companies use age as a measure of driving experience and risk assessment, adjusting premium costs accordingly.
Average Car Insurance Rates By Vehicle Type In Daytona Beach
| Vehicle | Average Monthly Rate |
| Kia Sportage | $180 |
| Mazda CX-5 | $632 |
| Ford Focus | $120 |
| Chevrolet Equinox | $576 |
| Ford Fusion | $132 |
The type of vehicle you drive significantly impacts your car insurance costs. Insurance companies consider factors such as the make, model, year, and body type of the car. Generally, newer vehicles, particularly luxury models with advanced technology and higher replacement costs, tend to have higher insurance rates.
On the other hand, older cars or those less expensive to repair or replace may result in lower premiums. Insurers take these factors into account because they directly affect the potential cost of claims – for instance, repairs for a high-end car are generally more expensive than for a standard vehicle. Additionally, certain car models known for safety may qualify for lower insurance rates due to a reduced risk of accidents and injuries.
How Much Is Car Insurance For Other Cities In Florida?
| City | Average Monthly Rate |
| Sunrise | $347 |
| Lake City | $200 |
| Plantation | $360 |
| Hallandale Beach | $310 |
| Apopka | $215 |
| Gainesville | $176 |
| Pinellas Park | $223 |
| Fort Myers | $194 |
| Kissimmee | $220 |
| West Palm Beach | $280 |
The city in which you live has a substantial influence on your car insurance rates. Insurance companies evaluate several factors associated with your location, including the likelihood of accidents, vehicle theft, and vandalism rates, which are generally higher in urban areas. This heightened risk often results in higher premiums.
FAQs
Who has the lowest car insurance rates in Daytona Beach?
The lowest car insurance rates in Daytona Beach are offered by GEICO for the minimum coverage required by the State of Florida and State Farm for full coverage, which includes comprehensive and collision coverage.
What is the average cost of car insurance in Daytona Beach?
The average cost of car insurance in Daytona Beach is about $181 per month. Rates will vary based on your zip code, year and model of car, driving record, etc.
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