Cheapest Car Insurance In Miami, FL For December, 2024
With an average monthly premium of $37, GEICO offers the lowest-cost minimum car insurance in Miami.
We’ve saved shoppers an average of $600 per year on their car insurance.
In Miami, FL, searching for economical car insurance reveals a significant range of price points.
For liability-only policies, GEICO leads with the cheapest rates. Progressive is the best choice for full coverage, while State Farm caters to young drivers with the lowest costs.
Cheapest And Best Car Insurance In Miami, FL 2024
Cheapest Liability-only Car Insurance In Miami: Cincinnati
Miami drivers can find the lowest-cost minimum coverage insurance with GEICO, priced at an average of $37 per month.
Consult the table below for a side-by-side comparison of rates from different insurance companies.
| Provider | Average Monthly Cost | Average Annual Cost |
| Cincinnati Insurance | $30 | $360 |
| Travelers | $41 | $490 |
| Auto-Owners | $37 | $443 |
| State Farm | $50 | $596 |
| Nationwide | $43 | $520 |
Cheapest Full Coverage Insurance Rates In Miami: Auto-Owners
For full coverage car insurance in Miami, Progressive has the most competitive rates, averaging $92 a month.
The table below provides a comparison of average auto insurance quotes from some of Miami’s most affordable providers.
| Provider | Average Monthly Cost | Average Annual Cost |
| Auto-Owners | $73 | $871 |
| Cincinnati | $80 | $962 |
| Nationwide | $74 | $884 |
| Shelter | $92 | $1,107 |
| Allstate | $124 | $1,490 |
Cheapest Car Insurance Rates For Seniors: Auto-Owners
At an average cost of $87 per month, State Farm is the most affordable option for senior car insurance in Miami.
Here is a table showing the average quotes from some of the cheapest auto insurance companies for seniors.
| Provider | Average Monthly Cost | Average Annual Cost |
| Auto-Owners | $68 | $814 |
| State Farm | $86 | $1,036 |
| Allstate | $133 | $1,590 |
| Shelter | $95 | $1,135 |
| GEICO | $112 | $1,344 |
Cheapest Rates In Miami For Teenagers: Nationwide
State Farm provides the most budget-friendly car insurance for Miami’s teenage drivers, with rates averaging $313 a month.
Below, you’ll find a table listing the companies with the cheapest car insurance for teenage drivers.
| Provider | Average Monthly Cost | Average Annual Cost |
| Nationwide | $155 | $1,865 |
| State Farm | $176 | $2,109 |
| Allstate | $167 | $2,007 |
| Travelers | $198 | $2,370 |
| Auto-Owners | $243 | $2,913 |
Cheapest Auto Insurance For Young Adults in Miami: Travelers
In Miami, State Farm leads the way for affordable car insurance for young adults, with average monthly premiums of $238.
Below is a table that compares the most affordable auto insurance options for young adults in Miami.
| Provider | Average Monthly Cost | Average Annual Cost |
| Travelers | $91 | $1,092 |
| State Farm | $119 | $1,422 |
| Nationwide | $99 | $1,192 |
| Auto-Owners | $100 | $1,197 |
| Allstate | $130 | $1,560 |
Cheapest Car Insurance In Miami For Good Drivers: Cincinnati
With an average monthly premium of $37, GEICO provides the most budget-friendly car insurance for good drivers in Miami.
The following table provides average car insurance quotes from the most affordable providers for good drivers.
| Provider | Average Monthly Cost | Average Annual Cost |
| Cincinnati Insurance | $30 | $360 |
| Shelter | $48 | $576 |
| Auto-Owners | $37 | $443 |
| State Farm | $50 | $596 |
| Nationwide | $43 | $520 |
Find affordable Miami rates
Cheapest Car Insurance In Miami After A Speeding Ticket: Auto-Owners
State Farm offers affordable car insurance in Miami, with monthly rates averaging $176 for drivers who have a speeding ticket.
The table below helps you compare average rates for drivers who have a speeding ticket.
| Provider | Average Monthly Cost | Average Annual Cost |
| Auto-Owners | $80 | $964 |
| State Farm | $107 | $1,280 |
| Cincinnati Insurance | $95 | $1,140 |
| Allstate | $148 | $1,772 |
| Progressive | $136 | $1,632 |
Cheapest For Drivers With After At-Fault Accident: Auto-Owners
For drivers with an at-fault accident, State Farm offers the best rates in Miami, averaging $193 per month.
Check out the following companies for the cheapest rates on car insurance for drivers with an at-fault accident.
| Provider | Average Monthly Cost | Average Annual Cost |
| Auto-Owners | $99 | $1,197 |
| Cincinnati Insurance | $167 | $2,004 |
| State Farm | $116 | $1,391 |
| GEICO | $217 | $2,600 |
| Progressive | $124 | $1,490 |
Cheapest Rates In Miami For Drivers After A DUI: State Farm
State Farm offers the best car insurance rates for drivers with a DUI in Miami, with an average monthly premium of $188.
Below is a table outlining the lowest insurance premiums for Miami drivers with a DUI.
| Provider | Average Monthly Cost | Average Annual Cost |
| State Farm | $107 | $1,282 |
| Nationwide | $138 | $1,657 |
| Allstate | $166 | $1,992 |
| Auto-Owners | $171 | $2,051 |
| Cincinnati | $213 | $2,555 |
Best Car Insurance Companies In Miami
For drivers in Miami, AAA offers the best value at $83 a month. Progressive and GEICO are close behind, with average premiums of $90 and $93, respectively.
Below, you’ll find the top 10 car insurance companies in Miami, CA, listed by their average monthly rate.
| Company | Monthly Premium |
| Cincinnati Insurance | $30 |
| Kentucky Farm Bureau | $39 |
| Travelers | $41 |
| Auto-Owners | $37 |
| State Farm | $50 |
| Nationwide | $43 |
| Allstate | $76 |
| GEICO | $53 |
| Shelter | $50 |
| Westfield | $62 |
| Grange Insurance | $89 |
Average Auto Insurance Rates In Miami – By Age
Car insurance rates are influenced by age, with younger drivers generally paying more due to their higher risk of accidents and traffic violations. Teen drivers often pay about $7,599 per year for coverage.
Once drivers reach 25, their insurance rates typically decrease, assuming they haven’t had any traffic violations or accidents.
Insurance premiums are usually lower for drivers in their 50s and early 60s, as this group is considered to have more driving experience and a lower likelihood of accidents.
| Age | Average Yearly Rate |
| Teenagers | $4,080 |
| 20s | $2,100 |
| 30s | $1,704 |
| 40s | $1,500 |
| 50s | $1,370 |
| 60s | $1,440 |
| 70s | $1,632 |
Average Rates In Miami – By Vehicle
Your car’s make, model, year, and body type are all considered when determining insurance premiums. Typically, luxury vehicles and newer cars with higher repair costs or advanced technology lead to higher insurance rates.
The table below outlines the average car insurance rates in Miami for various makes and models.
| Vehicle | Average Monthly Rate |
| Hyundai Sonata | $970 |
| Audi A3 | $129 |
| Toyota Prius | $192 |
| Chevrolet Equinox | $360 |
| Kia Optima | $460 |
Average Cost Of Auto Insurance In Miami – By Zip Code
Because zip codes reflect crime rates in specific areas, car insurance rates will differ depending on where you live.
The table below outlines the average insurance rates for different Miami zip codes.
| Zip Code | Average Monthly Rate |
| 40509 | $153 |
| 40511 | $130 |
| 40516 | $105 |
| 40504 | $124 |
| 40515 | $165 |
How Much Is Car Insurance In Other Cities in Florida ?
The city you live in can directly affect your car insurance costs, as urban areas are more prone to accidents, vehicle theft, and vandalism, all of which raise premiums.
In Los Angeles, drivers typically pay around $243 per month for car insurance, whereas in San Diego, the average premium is $176 monthly.
| City | Average Monthly Rate |
| Bowling Green | $135 |
| Newport | $133 |
| Owensboro | $142 |
| Danville | $158 |
| Versailles | $98 |
| Somerset | $125 |
| Covington | $127 |
| Ashland | $115 |
| Richmond | $130 |
| Frankfort | $128 |
Find affordable Miami rates
Our methodology
By analyzing customer experiences, product options, pricing, and data from online reviews, I’ve developed a comprehensive overview of the car insurance providers in Miami, FL.
Years Of Experience
Research Hours
Quotes Analyzed
Brands Reviewed
FAQs
Who has the lowest car insurance rates in Miami?
GEICO offers Miami’s cheapest car insurance for California’s basic coverage requirements, and Progressive is the top choice for low-cost full coverage that includes collision and comprehensive plans.
What is the average cost of car insurance in Miami?
The cost of car insurance in Miami averages $180 a month, but individual rates will depend on factors like where you live, the car you drive, and your driving record.
