Cheapest Car Insurance In Naples, FL
If you’re looking for the best cheap car insurance in Naples, we would recommend State Farm.
Naples, as Florida’s most densely inhabited city, is commonly recognized as the “Crown of Southwest Florida.” The region attracts both those who’ve migrated from colder climates and the seasonal snowbirds who establish temporary abodes by the beach. Often referred to informally as “Nap,” this locale is also the hub for a plethora of automobiles, trucks, and other motor vehicles. If you’re on the lookout for Naples car insurance, and you desire a blend of affordability and top-notch coverage, you’ve found yourself in the right spot.
On average, auto insurance in Naples comes to approximately $2,234 per annum. This expense falls below Florida’s mean ($2,309), yet surpasses the national average of $1,548.
Within this assessment, we’ll guide you towards not only the cheapest overall choice (State Farm), but also the most budget-friendly option for comprehensive coverage (Travelers), the best-priced selection for minimum coverage (GEICO), the most suitable choice if you have traffic violations (USAA), and the most reasonably priced alternative for seniors (Progressive).
Cheapest And Best Car Insurance Companies In Naples, FL 2024
Compare The Cheapest Car Insurance Companies In Naples, FL
| Overall Rating | Best For | AM Best Rating | Average Annual Cost | J.D. Power Rating (Florida) | Get A Quote | |
|---|---|---|---|---|---|---|
| State Farm |
|
Cheapest Overall |
A++ |
$1,281 |
840 |
Instant Quote |
| Travelers |
|
Full Coverage |
A++ |
$1,530 |
818 |
Instant Quote |
| Progressive |
|
Seniors |
A+ |
$2,017 |
810 |
Instant Quote |
| USAA |
|
Cheapest for Driving Violations |
A++ |
$852 |
884 |
Instant Quote |
| GEICO |
|
Cheapest Minimum Coverage |
A++ |
$829 |
833 |
Instant Quote |
| GEICO |
|
Young Drivers |
A++ |
$5,124 |
833 |
Instant Quote |
Our Methodology
For discovering the most budget-friendly car insurance rates in Naples, we examined insights from various car insurance review platforms. Some of these platforms studied rates from public filings sourced through Quadrant Information Services. The rates we present here are an average derived from those findings. However, please note that the rates for each company undergo frequent changes and will differ depending on your unique circumstances.
Furthermore, the comprehensive rating considers my personal judgment, shaped by fifteen years of expertise as a licensed insurance agent, my residency in Florida for fourteen years, and more than three decades of procuring car insurance.
Quotes Analyzed
Years Of Industry Experience
Brands Reviewed
Research Hours
Cheapest Car Insurance Companies In Naples, FL
Cheapest Overall
Key Statistics
Why We Like Them
⇅In our evaluation of the cheapest car insurance choices in Naples, Florida, our analysis highlights State Farm as a frontrunner in all aspects. Remarkably, their average rate, encompassing both minimum and full coverage, emerged as the cheapest overall.
With nearly a century’s experience in insuring vehicles, State Farm boasts the largest network of local neighborhood offices across the United States. It provides numerous appealing features and distinct choices that drivers can leverage:
A diverse range of coverage options: Drivers can opt for standard coverage and also access rental car reimbursement, roadside assistance, travel expense insurance, and rideshare coverage.
Telematics program: This initiative remotely monitors an insured individual’s driving behavior and rewards safe practices with discounted rates. The program is tailored to reduce costs particularly for those with limited driving experience.
Robust industry standing and customer service reputation: State Farm’s financial strength garners the highest AM Best rating (A++ Superior), coupled with impressive rankings in J.D. Power’s evaluations of insurers operating in Florida.
Benefits & Drawbacks
⇅- Discount for usage-based insurance
- Wide availability of local agents across the country
- Attractive discount opportunities for teens and students ✓
- Elevated annual rates for drivers with poor credit ✘
Cheapest Overall Rates In Naples
| Company | Rate Per Year |
| State Farm | $1,281 |
| GEICO | $1,430 |
| Travelers | $1,540 |
| Nationwide | $2,148 |
| Farmers | $2,335 |
Cheapest For Driving Violations
Key Statistics
Why We Like Them
⇅If you’ve ever found yourself pulled over and handed a ticket, it’s highly likely that your auto insurance rates have surged, especially if you’re a younger driver. Moreover, the gravity of the offense (be it DUI, DWI, or reckless driving) often corresponds to a more substantial rate hike.
When it comes to moderating rate increases subsequent to a driver’s receipt of a speeding ticket, engagement in an at-fault accident, or a conviction for driving under the influence (DUI), USAA is notably lenient. Those holding a track record of driving infractions have encountered rate hikes with USAA, yet these increases are notably less pronounced than those imposed by other car insurers.
USAA supplies fundamental liability coverage, along with comprehensive and collision insurance, similar to other insurers. The company also furnishes popular supplementary auto insurance features, including roadside assistance, coverage for rental cars and travel-related reimbursements, and the boon of accident forgiveness.
However, it’s important to note that USAA caters exclusively to active military personnel, veterans, and their families.
Benefits & Drawbacks
⇅- Earns the highest J.D. Power rating for customer satisfaction
- Functions as a convenient one-stop destination for insurance, investing, and banking products ✓
- Limited to offering insurance solely to veterans, active military personnel, and their family members ✘
Cheapest For Rate Increase After A Driving Violation
| Company | Annual Increase |
| USAA | $869 |
| State Farm | $1,551 |
| Allstate | $1,924 |
| GEICO | $1,983 |
| MetLife | $2,127 |
Cheapest For Full Coverage
Key Statistics
Why We Like Them
⇅In our assessment of Naples’s car insurance landscape, Travelers emerged as the leader in providing the most cost-effective full coverage option. Full coverage, in this context, encompasses:
- $100,000 bodily injury liability coverage per individual
- $300,000 bodily injury liability coverage per accident
- $50,000 property damage liability coverage per accident
- $100,000 uninsured motorist bodily injury coverage per individual
- $300,000 uninsured motorist bodily injury coverage per accident
- Collision coverage with a $1,000 deductible
- Comprehensive coverage with a $1,000 deductible
Travelers stands out prominently in the insurance sector, recognized as one of the industry’s eminent names. It secures a spot among the United States’ largest car insurance providers and garners favor from individuals seeking to collaborate with independent agents while consolidating their insurance needs under one provider.
Travelers differentiates itself in several aspects. Firstly, it extends gap insurance, safeguarding auto leases or loans in scenarios where a vehicle is declared totaled before it’s paid off or the lease concludes. Travelers bridges the gap between your loan’s balance and your car’s value in such circumstances.
Secondly, Travelers introduces the Responsible Driver Plan, which pardons one accident and one minor infraction over a stipulated timeframe. This provision ensures your rates remain unaffected following a traffic citation or accident.
Benefits & Drawbacks
⇅- Affordable rates for comprehensive coverage
- Abundance of available coverage options
- Rank among the largest insurance providers in the U.S. ✓
- Customer satisfaction ratings fall below the average
- Absence of rideshare insurance in Florida ✘
Cheapest Full Coverage In Naples
| Company | Rate Per Year |
| Travelers | $1,530 |
| State Farm | $1,764 |
| Allstate | $1,680 |
| Liberty Mutual | $2,554 |
| Bristol West | $3,062 |
Cheapest For Minimum Coverage
Key Statistics
Why We Like Them
⇅In the realm of Naples, our findings reveal that GEICO stands as the provider of the most economical state minimum coverage on average. In Florida, the stipulation demands a minimum of $10,000 for property damage liability insurance and $10,000 for personal injury protection (PIP). Florida motorists are not bound to secure bodily injury liability coverage.
GEICO consistently garners commendable scores in areas such as customer service, claims processing, client recommendations, policy renewals, and customer allegiance. Holding the distinction of being the second-largest auto insurance company in the United States, GEICO is renowned for furnishing competitive rates to consumers via online platforms and phone interactions.
With a plethora of discounts at its disposal, GEICO emerges as the top choice for Naples drivers possessing older vehicles, as they seek to economize by adhering to Florida’s mandated minimum auto insurance coverage. Notably, you can effectively manage your policy via GEICO’s website and mobile application, both acclaimed for their user-friendly interface.
Benefits & Drawbacks
⇅- Achieves an J.D. Power score for customer satisfaction that surpasses the average
- Features a strong website and mobile app
- Offers numerous available discounts ✓
- Lacks gap or rideshare insurance options
- Maintains a restricted number of local agents ✘
Cheapest For Minimum Coverage
| Company | Rate Per Year |
| GEICO | $829 |
| State Farm | $916 |
| Allstate | $1,272 |
| Travelers | $1,512 |
| Mercury | $1,632 |
Cheapest For Seniors
Key Statistics
Why We Like Them
⇅In the context of Naples, senior drivers usually enjoy some of the most cost-effective car insurance rates, regardless of age. Our research pinpoints Progressive as the insurer offering the most affordable rates for this demographic.
Progressive holds its place as the third-largest auto insurance company nationwide, extending an extensive array of discounts and a diverse spectrum of coverage options. This includes specialized coverages like rideshare insurance and protection for pets injured in car accidents. Additionally, Progressive stands out by offering coverage types that many other insurers do not, such as gap and rideshare insurance.
Furthermore, Progressive demonstrates commitment to its long-standing policyholders. Those who’ve maintained their relationship with Progressive for five years or more without accidents are shielded from premium hikes when they file substantial claims. Customers can also consider adding accident forgiveness insurance to their policy, allowing them to have multiple accidents forgiven without penalties.
Benefits & Drawbacks
⇅- Holds the distinction of being the third-largest personal auto insurer in the U.S.
- Assists in covering veterinary bills if your pet sustains injuries in a car accident
- Provides coverage for rideshare use ✓
- Receives ratings for customer satisfaction from J.D. Power that fall below the average
- Operates with availability from a confined number of agents ✘
Cheapest Coverage For Seniors
| Company | Rate Per Year |
| Progressive | $2,017 |
| Travelers | $2,261 |
| Mercury | $2,327 |
| Safeco | $2,458 |
| Liberty Mutual | $3,326 |
Cheapest For Young Drivers
Key Statistics
Why We Like Them
⇅Among the driving populace in Naples, young drivers encounter the steepest car insurance rates due to their limited experience behind the wheel and the heightened likelihood of involvement in accidents.
Undoubtedly, GEICO stands as the premier choice for young drivers in Naples, presenting the most economical rates with an average premium of $3,451. While this figure constitutes the lowest available for teens and those in their early twenties, it can still pose a financial challenge.
Thankfully, GEICO exhibits a commendable propensity for extending discounts. Young drivers have the opportunity to qualify for discounts like the good student discount, reaching up to 15%. Moreover, a safe-driver discount of up to 22% awaits those who maintain an accident-free record. A discount tailored for new vehicles, applicable to cars three model years old or newer, also enhances affordability.
For young drivers who have completed a driver’s education course at school or undertaken a defensive driving program, additional discounts are also on the table.
Benefits & Drawbacks
⇅- Offers elevated policy limits
- Receives high acclaim for its mobile app
- Boasts an A+ rating from the Better Business Bureau (BBB) ✓
- Does not provide gap insurance coverage
- Operates with a confined number of local agents ✘
Cheapest For Young Drivers
| Company | Rate Per Year |
| GEICO | $5,124 |
| Direct General | $6,684 |
| State Farm | $5,334 |
| MetLife | $5,243 |
| Progressive | $8,572 |
Average Cost Of Car Insurance In Naples
Average Cost In Naples– By Age
| Age Group | Average Yearly Rate |
| Teenagers | $6,488 |
| 20s | $2,974 |
| 30s | $2,266 |
| 40s | $2,198 |
| 50s | $2,042 |
| 60s | $2,076 |
| 70s | $2,549 |
Average Cost In Naples – By Gender
| Gender | Average Annual Rate |
| Male | $2,262 |
| Female | $2,297 |
Average Cost In Naples – By Marital Status
| Marital Status | Average Annual Rate |
| Single | $2,179 |
| Married | $2,175 |
| Divorced | $2,242 |
| Widowed | $2,185 |
Average Cost In Naples – By Accident And Violation History
| Violation | Average Annual Premium |
| DWI/DUI | $3,273 |
| Reckless Driving | $3,359 |
| At-Fault Accident (damage <$1,000) | $3,048 |
| At-Fault Accident (damage >$2,000) | $3,063 |
| Speeding (16-20 MPH > limit) | $2,826 |
Average Cost In Naples – By Credit Tier
| Very poor: | $4,409 |
| Fair: | $2,781 |
| Good: | $2,248 |
| Very good: | $2,074 |
| Exceptional: | $1,852 |
Average Cost In Naples – By Zip Code
| ZIP Code | Average Rate |
| 34110 | $2,281 |
| 34104 | $2,183 |
| 34119 | $2,298 |
| 34114 | $2,310 |
| 34103 | $2,360 |
| 34102 | $2,301 |
Minimum Car Insurance Requirements In Florida
During your pursuit of car insurance, it’s crucial to take into account the mandatory minimum coverage in Florida:
- Property damage liability per accident: $10,000
- Personal injury protection: $10,000
It’s important to acknowledge that these represent the baseline requirements in Florida. Depending on your vehicle and the extent of your road use, you might consider opting for higher limits and including collision and comprehensive coverage.
How To Buy Car Insurance In Naples
If you’re in the process of purchasing car insurance in Naples, adhering to these five steps will ensure a streamlined and hassle-free experience:
- Identify the suitable type of car insurance for your needs. Determine if you require minimum coverage, full coverage, or a middle-ground option. Account for your vehicle’s value and your annual driving mileage.
- Keep your personal and vehicle details at hand. Information like your driver’s license number, social security number, Vehicle Identification Number (VIN), and your vehicle’s current mileage will be necessary.
- Solicit quotes from a minimum of three companies. Ensure that you’re comparing quotes for comparable coverage levels and limits.
- Finalize your decision and proceed with purchasing your chosen policy. While it’s wise to not base your decision solely on price, remember that the most suitable carrier could also be the most economical.
- Make arrangements to terminate your existing policy. Your new insurance provider won’t handle the cancellation of your old policy, so it’s your responsibility. However, wait until you’re certain that your new coverage is active before cancelling the old one.
Factors That Impact The Cost Of Your Car Insurance Policy In Naples
Car insurance rates in Naples hinge on numerous factors, as insurance companies weigh the following elements:
State Regulations: Your policy must meet Florida’s minimum coverage prerequisites, which involve $10,000 in damage liability and $10,000 in personal injury protection (PIP).
Age: Younger drivers face higher premiums due to limited experience and a greater likelihood of accidents. Rates generally decrease after turning 25.
Vehicle Make and Model: Safer cars result in lower premiums. For instance, insuring a late-model Toyota Corolla is considerably less costly than a Chevrolet Corvette.
Driving History: Previous accidents and traffic violations can significantly elevate your rates, as they suggest a higher probability of future claims.
Annual Mileage: Those with lengthy commutes typically pay more than infrequent drivers.
Credit Score: A higher credit score corresponds to lower rates, as insurers have observed that individuals with better scores file fewer claims.
Location (Zip Code): Your workplace and overnight parking location influence your rates, with potential discounts or increases contingent on the likelihood of vandalism or damage.
Marital Status: Married drivers enjoy lower rates compared to their single counterparts.
Gender: Around age 45, men typically pay around 6% less than women of the same age. However, this gender disparity tends to balance out for drivers in their 30s.
Florida Car Insurance Laws To Know
In Florida, motorists must possess at least $10,000 in property liability insurance and $10,000 in personal injury protection (PIP) coverage.
Florida operates as a no-fault state, implying that no-fault insurance obliges insurance providers to handle medical expenses, irrespective of the party responsible for an accident.
In The News
As reported by the Dallas Morning News, individuals throughout Florida are currently grappling with financial challenges stemming from elevated costs in various sectors, including the most substantial inflation in four decades.
In addition to these concerns, Floridians are facing the most substantial yearly surge in auto insurance rates in over two decades. In 2022, auto insurance rates in Florida surged by an average of 23.8%, a spike eight times more significant than that witnessed in 2021. This represents the most significant yearly increase observed in a span of at least 20 years, as per data from the Florida Department of Insurance. Furthermore, homeowners insurance rates in Florida also experienced an average uptick of 10.8% in the past year, marking the most substantial annual rise since 2012.
Information About Naples
Naples is known for its burgeoning community, strong economic foundation, cultural diversity, recreational opportunities, and abundant natural beauty, making it a standout among the nation’s dynamic cities. While Naples doesn’t cover an extensive area like Naples, its appeal remains impressive.
Ranking among Florida’s notable cities, Naples offers an attractive lifestyle with a moderate cost of living. It provides residents with several tax advantages, including the absence of certain taxes like corporate franchise tax, state personal tax, inventory tax, and foreign income tax. The presence of educational institutions and the influence of nearby naval bases contribute to a diverse and skilled workforce.
Car Insurance Discounts In Naples
Auto insurance costs in Naples present a more budget-friendly option compared to some other prominent cities in Florida, such as Tampa and Miami. However, if you’re aiming to curtail expenses, exploring potential discounts becomes crucial. Here are some of the most prevalent discounts available:
- Having a good driving history
- Installing vehicle safety features
- Customer loyalty
- Being claims-free
- Driving fewer than average miles
- Being a student with at least a “B” average
- Military discount
- Senior discount
Looking For Cheap Car Insurance In Other Florida Cities?
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FAQs
What is the cheapest car insurance in the State of Florida?
For Florida residents, GEICO takes the lead as the most economical choice for car insurance, offering a yearly rate of $829 for minimum liability coverage.
Do I need car insurance in Naples?
Auto liability insurance is a legal necessity in Florida, mandating that drivers in Naples must ensure they possess this coverage.
How much does car insurance cost in Naples on average?
For full coverage, Naples residents typically encounter an average annual car insurance cost of $2,234.
