Best Cheap Auto Insurance in Orlando, FL

Are you looking for cheap auto insurance in Orlando, FL? Drivers searching for cheap Orlando, FL auto insurance rates can save a lot by shopping around. Read through our guide to learn all you need to know about securing the best Orlando, Florida auto insurance rates.

Florida auto insurance has a 10/10 ratio, which means the minimum requirement focuses on property damage liability coverage and personal injury protection or PIP insurance. 21st Century, Allied, Allstate, Amica, and Liberty Mutual rank as some of the best Orlando auto insurance companies.

Ready to buy Orlando, FL auto insurance right now? Enter your Orlando ZIP code into our FREE quote tool above to start comparing cheap auto insurance rates in Orlando today.

How much is Orlando, Florida auto insurance on average?

Let’s start off by looking at the average cost of auto insurance in Orlando, Florida. Take a look at the table below to see the average cost of Orlando, FL auto insurance compared to the state and national averages.

How much is auto insurance in Orlando, Florida? The average cost of Orlando, FL auto insurance is $397 per month, which is substantially more than the national and state averages.

How much is auto insurance per month in Florida? The Florida state auto insurance average is $260 per month or $3,125 per year.

So why is Florida auto insurance so expensive? Florida is home to a lot of popular and densely populated metropolitan areas. Also, nearly 27% of Florida’s drivers are uninsured, which places Florida in the number one spot for uninsured drivers. Both of these factors will cause auto insurance rates to increase.

There are many other individual reasons why your auto insurance quotes in Florida might be more or less expensive. Read on to learn how you can manage to find cheap auto insurance in Orlando, FL.

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What are Florida’s auto insurance coverage requirements?

Auto insurance is legally required in 49 states, and Florida is no exception. Like every other Florida city or town, Orlando drivers must meet the state minimum requirements for auto insurance in Florida to lawfully drive on the roads.

See what the Florida state requirements are for auto insurance in the table below.

As you can see, the state minimum requirements are very basic. Many Orlando drivers choose to purchase a fuller coverage policy that includes liability insurance as well as additional comprehensive and collision protection to fill in those gaps.

If you are financing your automobile, you may be required to purchase comprehensive coverage, collision coverage, and the state minimums anyway. But this requirement will come from the dealership, not the state of Florida.

You have the option to add uninsured and underinsured and/or bodily injury liability coverage to your policy as well.

Is Florida a no-fault state? Yes. According to the Florida Department of Insurance, Florida is a no-fault state. This means that if you are involved in an accident, you must go through your own provider for support regardless of who is at fault for causing the accident.

Orlando complies with Florida State Law. Therefore, the no-fault law applies to Orlando drivers as well.

Who has the cheapest auto insurance in Florida? Based on our collected data, Amica and 21st Century are the most affordable auto insurance providers located in the Orlando area.

However, various other companies offer competitive rates as well, such as Direct Auto Insurance in Orlando, FL and Fiesta Auto Insurance and Tax Service in Orlando, FL.

State Farm auto insurance, Geico, and Allstate are also competitive auto insurance companies in Florida.

Orlando drivers tend to pay more per month than the average Florida motorist.

The best auto insurance companies in Orlando will consider various factors when assessing Orlando, FL auto insurance quotes. The top factors include your driving record, your age, your ZIP code, and whether or not you have multiple cars and drivers on the same policy.

Additionally, the cheapest auto insurance in Orlando, FL differs from provider to provider. To make sure you’re still paying the best rate, compare cheap Orlando, FL auto insurance quotes online.

Major Auto Insurance Factors in Orlando, Florida

In the next section, we’ll cover the various major factors that impact your auto insurance rates in Orlando, Florida in more detail.

Orlando, FL auto insurance companies take several factors into account when crafting an insurance policy. Unfortunately, many of these factors are difficult or impossible to change, such as your gender or where you live.

Here are some other factors your auto insurance company will consider, as well as some tips you can follow to keep your rates low.

What ZIP codes have the cheapest auto insurance rates in Orlando, Florida?

Where you park your car each night will have a major impact on your Orlando, FL auto insurance rates. Usually, you’ll receive higher rates if you live in a part of a city that has higher crime rates or is more densely populated.

To mitigate the extra risk of your vehicle getting stolen or of you getting into an accident due to backed-up traffic, insurance providers charge higher rates.

According to Data USA, the population of Orlando is 285,705 and there are a total of 30 different ZIP codes throughout the city. Find out if yours is causing your rates to go up in the table below.

If your ZIP code is 32836, you’re receiving the lowest rates in all of Orlando. However, if your ZIP code is 32818, you’re receiving the highest average rates. The total annual difference between these two ZIP codes is $420 annually.

Automotive Accidents in Orlando, Florida and Your Auto Insurance Rates

If you live in an area with a lot of traffic, the odds are that the crash statistics will be higher as well. Higher crash statistics lead to increased auto insurance rates, as this allows insurance providers to mitigate the added driving risks.

Orlando has some moderately high crash rates, especially when it comes to persons involved in fatal crashes. These numbers can help explain why Orlando rates are a little higher than other major American cities.

Auto Thefts in Orlando, Florida and Your Auto Insurance Rates

Living in a large city, especially one with a high crime rate, will increase your risk of being a victim of auto theft. If your general location has high rates of theft and claims, you can expect to pay more for auto insurance to offset these costs.

According to City-Data, the total number of stolen vehicles in Orlando was 1,020 back in 2013 and has remained relatively stable ever since.

Most drivers don’t realize that basic insurance coverage policies don’t have comprehensive coverage and therefore don’t cover auto theft. You must purchase comprehensive insurance if you want your provider to help cover a stolen vehicle. This added coverage can be expensive.

However, by comparing quotes from multiple companies, you’ll be able to find a provider willing to offer you more competitive rates.

Will my credit rating affect my auto insurance rates in Orlando, FL?

You may not think about your credit score that often, but your auto insurance company sure does. In fact, people with poor credit sometimes pay two to three times more for auto insurance than folks with good credit.

If you live in Orlando and have poor credit, some auto insurance companies could charge you upwards of 75% more for auto insurance.

Fortunately, bad credit does not have to last forever. By making your monthly auto insurance payments on time each month, you can slowly start to improve your score.

Pay off any debt that you can and avoid taking on extra credit to improve your score faster.

Does age affect my auto insurance rates in Orlando, Florida?

Insurance companies believe that young drivers are a greater risk on the road, and the difference in monthly premiums reflects this philosophy. Drivers under 25 pay some of the highest rates for auto insurance in the country.

If you’re an Orlando teen, expect your rates to be much higher than average. However, you can lower your premium by seeking out discount auto insurance options that you’re able to qualify for.

Ask about good student and safe driver discounts. You might also receive an extra discount for taking a driver’s education class.

How does my driving record impact my auto insurance rates in Orlando, FL?

Another major factor that influences low-cost auto insurance in Orlando, FL, is your driving record. For minor violations, such as a speeding ticket or a fender bender, your insurance will increase anywhere between 18 to 30 percent, depending on the type of violation committed.

See more details about how your driving record impacts your monthly rates by looking at the table below.

As you can see, safe driving not only saves lives, but it also saves you hundreds if not thousands on your auto insurance premiums.

However, some companies with accident forgiveness policies may ignore your first accident or very minor violations when it comes to rates.

But for more serious violations, such as a DUI, your auto insurance rates could double in price virtually overnight. In fact, some major providers might discontinue your coverage entirely for being cited with a DUI or a reckless driving violation.

Does the make and model of my vehicle affect my auto insurance rates?

Confused about which vehicles are cheaper to insure than others? Customarily, vehicles with great safety ratings that are also affordable to replace or repair tend to receive the lowest average rates.

Oppositely, very expensive luxury vehicles that entice drivers to speed and are more attractive to thieves receive some of the highest rates.

This sentiment is reflected in the graph below, where you can see that carrying auto insurance on a luxury vehicle is significantly more expensive than with your typical sedan.

Another reason why luxury vehicles cost more to insure on average is because of the level of coverage owners of expensive cars usually purchase. Often, these drivers choose full coverage policies that include more protections than basic policies.

Higher coverage, especially in Orlando, is going to cause your rates to be higher.

Minor Auto Insurance Factors in Orlando, Florida

We’ve fully discussed the major auto insurance factors that impact your rates. Now let’s discuss the minor factors.

While the following demographics can influence your rates, the differences in cost will not be as much as the others listed above. Read on to learn more.

Does my gender or marital status affect my auto insurance rates?

Some companies offer a specific newlywed discount that might be worth asking about if you’re recently married and living in Orlando, Florida. But did you know that married couples can also receive major savings on their auto insurance by bundling their policies together?

If you are married, consider combining policies with your spouse so all household vehicles are covered by the same company. You’ll get some great multi-car discounts.

Similarly, if you’re a homeowner, you’ll save even more by bundling your homeowner’s insurance with your auto insurance policies.

Gender is another attribute that, like marital status, varies from one company to another. Some insurance providers charge male drivers one to two percent more, while other companies quote similar rates for both male and female motorists.

Men pay more for auto insurance on average because, statistically, men cause more fatal vehicle accidents and are caught driving recklessly more often than women drivers.

However, gender is not as major of a factor as it once was. In fact, some states have banned using gender as a means for determining auto insurance rates. While it is still allowed in Florida, the differences in rates are relatively minor.

Does my commute length affect my auto insurance rates?

You may have heard that the number of miles you drive yearly and your purpose for driving can impact your auto insurance rates. For example, do you drive primarily for school, work, pleasure, or something else?

In Orlando, you can expect your daily work commute to last about 26 minutes on average. Around 80% of commuters prefer to drive to work alone, while less than 10% of motorists can be found carpooling to work.

Vehicles driven for business tend to get a moderately higher rate than personal auto insurance policies, somewhere around 11% more.

Other than that, your yearly mileage or personal reasons for driving will vary slightly impact your premiums. Some companies will not change their rates at all. If you drive more than average and you live in Orlando, compare quotes so you know the company you choose isn’t increasing your premiums due to your long drive.

How do coverage type and deductibles affect auto insurance rates?

Some drivers want to purchase a fuller coverage policy but are on a budget. The best way to do this is by increasing your deductibles.

Both collision and comprehensive insurance policies have deductibles associated with them. A deductible is an amount you will pay out of pocket before your insurance provider steps in to cover the rest. If you increase your deductible amount, your monthly rates will decrease.

Just be mindful not to increase the amount too much, or else you risk making the added coverage not worth your while.

Does my education level affect my auto insurance rates?

It used to be that people with higher education levels received cheaper auto insurance rates; however, these days this is not always the case. Contrary to some popular beliefs, there is not a lot of evidence to suggest that your specific profession or your annual income influences your monthly insurance payments.

However, some higher education students can qualify for good student discounts.

Many Orlando motorists have a high school diploma or some other equivalent. Additionally, there are more drivers in Orlando with Bachelor’s degrees than there are high school drop-outs.

If you aren’t already one of the Orlando residents in higher education, becoming one can be a very easy process. Rollins College and the University of Central Florida are four-year colleges where you can get a degree in just about anything, from engineering to performing arts.

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How We Conducted Our Auto Insurance Analysis in Orlando, Florida

We calculated our average rate based on a married, 34-year-old male with good credit, a 12-month history of maintaining auto insurance, a clean driving record, and who owns his own home.

The miles driven annually were based on the national average. The average rate was also calculated based on a financed 2015 Honda Accord with a pre-installed anti-theft device.

You are now an expert on securing cheap auto insurance in Orlando, Florida. Finding affordable auto insurance rates in Orlando does not have to be a hassle.

As you’ve learned, there’s a lot of information you need to consider, and figuring out how insurance companies evaluate your potential risk can be complicated. But don’t let an insurance company talk you into purchasing the wrong policy.

When looking for “auto insurance near me,” expect auto insurance rates to fit around your needs. Get personal quotes for Orlando, Florida, auto insurance right now by entering your Florida ZIP code into our FREE comparison tool below.