Florida’s Sunshine State is famous for its beaches, theme parks, and… sky high car insurance prices? Yep, that’s right. When you drive in Florida, it may seem like you are paying a lot of money to have your wheels insured. Do not give up yet! There are ways you can reduce your costs without sacrificing the coverage like Quick Florida Car Quotes!
Shopping around is like hunting for treasure. Never accept the first offer that comes into your inbox. Comparing quotes from different insurers can save you a lot of money. Like dating, you don’t marry anyone who comes up to say hello (unless the person brings tacos).
Consider raising your deductible. Imagine that you are betting against yourself to not have an accident. If you choose a higher deductible, your monthly payment will be lower. However, you may have to pay more in the event of an accident. You’re taking a chance, but it could save you a lot of cash if your driving is safe.
Bundle your policies! Combining policies is the way to go. No, Florida doesn’t require scarves and gloves. You can get discounts from many insurers if you combine your auto and renters or home insurance. Costco is a great place to get a deal.
Don’t forget discounts when you are talking about deals! There are many more discounts available than you may think. Good student discounts can be obtained by those who study hard. Safe driver discounts can be earned by those who drive safely and avoid accidents. Low-mileage discounts are also available for cars that sit in the garage more often than they do on I-95.
You should also keep track of your credit score. Insurance companies in Florida can use credit score calculations. A higher score can often lead to lower rates. It’s like being rewarded for acting responsibly.
Reconsider optional coverages. You may not need them. Collision coverage may be unnecessary if your car is old and would cost you more to repair.
PIP, or Personal Injury Protection is required in Florida’s system of no-fault. It’s not negotiable because of state laws. However, knowing how much insurance you need and what you are paying can have a big impact on costs.
Have you heard of insurance based on usage? Some companies have plans where the premiums are based on your driving habits and safety, which is tracked through an app installed in your car. You’re like Big Brother, but you could make significant savings by not driving every day.
Finally, you should review your policy each year as the world changes faster than a gorilla closing its jaws. If you have changed your lifestyle, such as moving closer to the office or deciding that public transport is a better option for you, this can affect your policy premium.
Remember that knowledge can be power, and it may even put money back in your wallet. Now is the time to explore these options because nobody wants to spend money they do not have to.