Best & Cheapest Car Insurance In West Palm Beach, FL For 2024

In West Palm Beach, GEICO is recognized as the most affordable option, offering an average rate of $40 per month.

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Updated: 21 March 2024
Written by
Bob Phillips
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When looking for affordable auto insurance in West Palm Beach, Florida, there are different options available. However, one company, GEICO, is notable for its competitive pricing. On average, residents can get car insurance for around $40 per month, which is notably lower than the state’s average of $227.

For individuals interested in the most budget-friendly liability-only coverage, GEICO stands out as a top pick. Additionally, for those in need of comprehensive protection, GEICO offers competitive rates for full coverage policies, priced at $130 monthly. However, Travelers offers the cheapest rates for young drivers, starting at $238 per month.

Cheapest Car Insurance In West Palm Beach, FL

Cheapest Car Insurance, West Palm Beach, FL

Our Methodology

Based on a thorough analysis covering customer service ratings, product options, pricing, and evaluations from various online review sites and user experiences, I've developed a comprehensive understanding of the car insurance landscape in West Palm Beach, FL. My perspective is informed by over 15 years of personal involvement in the industry as a licensed insurance agent. Throughout this time, I've engaged with representatives from various companies and gained insights from firsthand experiences and interactions.

65

Quotes Analyzed

15+

Years Of Industry Experience

22

Brands Reviewed

35+

Research Hours

How Much Is Car Insurance In West Palm Beach, FL?

GEICO provides the most affordable car insurance in West Palm Beach, FL, with coverage available for $280 a month. However, as indicated in the table below, its rates are significantly higher than both the average rate in Florida and the United States overall:

Area Average Monthly Rate
National $152
Florida $227
West Palm Beach, FL $280

It’s important to consider that the average national cost encompasses both high-cost states like New York, New Jersey, and California, as well as low-cost states such as Mississippi, Kentucky, and Wyoming. Rates vary by location due to various factors, including vehicle type, coverage amount, zip code, driving record, and more.

Cheapest Car Insurance Rates In West Palm Beach For Minimum Coverage

In West Palm Beach, GEICO offers the most affordable car insurance for minimum coverage, with an average monthly cost of $40.

Provider Average Monthly Cost Average Annual Cost
GEICO $40 $479
Progressive $120 $1,438
Mercury $80 $958
State Farm $78 $934
Nationwide $76 $910

The minimum car insurance policy should include at least the following:

  • $10,000; Bodily injury coverage per person
  •  $10,000; Bodily injury coverage per accident
  •  $10,000; Property damage per accident

Having minimum car insurance offers some protection while driving, but it doesn’t include collision or comprehensive insurance. This means damages to your own vehicle in accidents or incidents like theft and natural disasters aren’t covered.

Driving without insurance is illegal in Florida. Failing to show proof of insurance during a traffic stop can lead to penalties ranging from fines to license suspension or more severe consequences.

Cheapest Car Insurance Rates In West Palm Beach For Teenagers

Teenage drivers in West Palm Beach can obtain 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 due to their lack of experience behind the wheel. Insurance providers classify these young motorists as a high-risk category because they statistically have a higher likelihood of being involved in accidents and committing traffic infractions.

Cheapest Car Insurance Rates In West Palm Beach For Full Coverage

GEICO has the cheapest car insurance rates for full coverage. Their quotes average $130 a month in West Palm Beach.

Provider Average Monthly Cost Average Annual Cost
Progressive $210 $2,520
GEICO $130 $1,141
Mercury $190 $2,278
Allstate $233 $2,800
State Farm $145 $1,738

Full coverage car insurance offers comprehensive protection that extends beyond the basic coverage mandated by law. It usually combines comprehensive and collision coverages.

Comprehensive coverage protects against non-collision incidents such as theft, vandalism, or natural disasters, while collision coverage provides financial protection for vehicle damages resulting from accidents, regardless of fault.

Cheapest Car Insurance Rates In West Palm Beach For Young Adults

In West Palm Beach, Travelers offers the most affordable quotes for young adults, with rates averaging around $238 per month.

Provider Average Monthly Cost Average Annual Cost
Travelers $238 $2,876
GEICO $282 $3,384
Farmers $511 $6,130
Allstate $376 $4,510
State Farm $323 $3,874

In Florida, young adult drivers generally enjoy lower car insurance rates compared to their teenage counterparts. This difference in pricing is attributed to the development of driving habits and a corresponding decrease in risk-taking behaviors as drivers age.

Statistically, young adults are less likely to file claims with insurance companies, indicating a reduction in accident involvement. As a result, insurers lower premiums, acknowledging the improved safety records and decreased likelihood of claims from these more experienced drivers.

Cheapest Car Insurance Rates In West Palm Beach For Good Drivers

In West Palm Beach, good drivers can discover the most affordable car insurance quotes from GEICO, typically averaging around $40 per month.

Provider Average Monthly Cost Average Annual Cost
GEICO $40 $479
Progressive $120 $1,438
Mercury $80 $958
State Farm $78 $934
Nationwide $76 $910

Drivers in West Palm Beach with clean driving records typically enjoy lower car insurance rates because they’re perceived as lower risk. Insurance companies use driving records to assess how safely individuals drive. Fewer incidents, such as accidents or traffic violations, suggest that the driver is cautious and less likely to file a claim.

Insurers base their rates on the likelihood of a driver making a claim. A spotless driving record can result in significant savings on premiums. It’s all about risk assessment – the cleaner the record, the lower the perceived risk, and consequently, the lower the insurance cost.

Cheapest Car Insurance Rates In West Palm Beach For Seniors

State Farm offers the most affordable car insurance rates for seniors in West Palm Beach, with average monthly premiums of $55.

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, many seniors may find advantageous car insurance rates influenced by various beneficial factors. While age often plays a role in insurance rate determinations, with older age sometimes associated with decreased driving ability, this stereotype doesn’t apply universally.

Cheapest Car Insurance Rates In West Palm Beach For Drivers With Prior Incidents

In West Palm Beach, drivers with records of traffic violations, including accidents, speeding, or DUIs, often encounter challenges in securing affordable car insurance. Such driving infractions lead insurance companies to categorize them as high-risk, indicating a higher likelihood of filing future insurance claims.

As a result, insurance providers increase their rates for these individuals to offset the risk of facing higher claim payouts.

Cheapest For Drivers With A Speeding Ticket

State Farm offers competitive rates compared to other companies, with average monthly rates of $176.

Provider Average Monthly Cost Average Annual Cost
State Farm $176 $2,099
Travelers $241 $2,842
Progressive $320 $3,894
Allstate $230 $2,758
GEICO $265 $3,178

Cheapest Car Insurance Rates In West Palm Beach For Drivers With An At-Fault Accident

State Farm provides the most affordable car insurance quotes for drivers with an at-fault incident, averaging around $193 per month.

Provider Average Monthly Cost Average Annual Cost
State Farm $193 $2,375
Travelers $230 $2,758
Geico $210 $2,518
Progressive $362 $4,342
Allstate $420 $5,038

Cheapest Car Insurance Rates In West Palm Beach For Drivers After A DUI

State Farm offers the most affordable rates for drivers after a DUI in West Palm Beach, 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 $270 $3,238
Allstate $315 $3,778

Best Car Insurance Companies In West Palm Beach

For drivers in West Palm Beach, FL, selecting the right car insurance company involves finding affordable rates and securing reliable protection on the road. Below are the top 10 car insurance companies in West Palm Beach, FL, ranked by the average monthly rate they offer.

Company Monthly Premium
Mercury $227
Liberty Mutual $338
Direct Auto $245
Direct General $209
Mercury $289
Allied $303
Allstate $303
State Farm $203
21st Century $247
Nationwide $215

Average Car Insurance Rates By Age In West Palm Beach

Age Group Average Yearly Rate
Teenagers $6,483
20s $2,971
30s $2,263
40s $2,191
50s $2,047
60s $2,073
70s $2,540

Age significantly influences car insurance rates. Typically, younger drivers, especially teens and young adults, encounter higher insurance premiums due to their inexperience and statistically higher likelihood of accidents and traffic violations. As drivers reach 25 years old, 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 metric to assess driving experience and risk potential, thus affecting the cost of premiums accordingly.

Average Car Insurance Rates By Vehicle Type In West Palm Beach

Vehicle Average Monthly Rate
Toyota Camry $628
GMC Terrain $110
Toyota Corolla $1,230
Chevrolet Silverado $127
Nissan Altima $1,141

The type of vehicle you drive significantly influences your car insurance costs. Insurance companies take into account factors such as the make, model, year, and body type of the car. Typically, newer vehicles, especially luxury models with advanced technology and higher replacement costs, tend to have higher insurance rates.

Conversely, older cars or those less expensive to repair or replace may attract lower premiums. Insurers consider these aspects because they directly impact the potential cost of claims – for instance, repairs for a high-end car are generally more costly 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
Daytona Beach $181
Fort Myers $194
Apopka $215
Pinellas Park $223
Kissimmee $220
Gainesville $176

The city where you reside significantly impacts your car insurance rates. Insurance companies assess various factors related to your location, such as the likelihood of accidents, vehicle theft, and vandalism rates, which are typically higher in urban areas. This increased risk often results in higher premiums.

FAQs

Who has the lowest car insurance rates in West Palm Beach?

The lowest car insurance rates in West Palm Beach are offered by GEICO for both the minimum coverage required by the State of Florida and full coverage, which includes comprehensive and collision coverage.

What is the average cost of car insurance in West Palm Beach?

The average cost of car insurance in West Palm Beach is approximately $280 per month. However, rates can vary based on factors such as your zip code, the year and model of your car, your driving record, and other relevant variables.

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