bestauto insuranceCoral SpringsCompare the Cheapest Car Insurance Quotes in Coral Springs, FL
Car insurance in Coral Springs costs an average of $2,394 per year, which is higher than the Florida state average. At approximately $1,801 annually, GEICO is the cheapest widely available auto insurer in Coral Springs. MoneyGeek also analyzed average car insurance rates in Coral Springs for different profiles and rated the best company for quality service and affordability.
REVIEW AUTO INSURANCE RATES
Ensure you're getting the best rate for your auto insurance. Compare quotes from the top insurance companies.
Advertising & Editorial DisclosureLast Updated: 1/5/2023
Edited By |
Morgan Hull
Written By |
Mark Fitzpatrick
GEICO offers the cheapest car insurance in Coral Springs for most drivers, including those purchasing a state minimum policy. State Farm is cheapest for drivers with violations.
USAA could be the cheapest if you have a military background.
MoneyGeek found that Esurance is the best auto insurer in Coral Springs if you want a balance of quality service and affordability.
bestauto insuranceCoral SpringsThe Cheapest and Best Car Insurance in Coral Springs
Cheapest Overall - GEICO
Cheapest State Minimum - GEICO
Cheapest With a Driving Violation - State Farm
Best Overall - Esurance
Methodology
To rank insurance companies in Coral Springs, MoneyGeek uses evaluations from J.D. Power, AM Best and NAIC.
The Cheapest Car Insurance Companies in Coral Springs
If you are looking for cheap car insurance in Coral Springs, the most affordable companies for a full coverage policy are, on average:
- GEICO: $1,801 per year
- State Farm: $1,924 per year
USAA is the cheapest overall for a state minimum policy in Coral Springs at $1,062 annually, but only drivers with a military background qualify.
GEICO costs up to 70% less per year than Mercury, the most expensive option at roughly $3,062 annually. Rates for a full coverage policy may vary depending on the liability limits you select. A full coverage policy includes comprehensive and collision insurance to cover the cost of damages to your car.
Cheapest Car Insurance in Coral Springs
Full Coverage 100/300/100
- Company100/300/100per year
- 1.$1,062
- 2.$1,801
- 3.$1,924
- 4.$2,192
- 5.$2,213
MoneyGeek collected average car insurance rates in Coral Springs for a 40-year-old male driver with a full coverage policy, in accordance with our methodology.
A full coverage policy in Coral Springs costs more than a minimum liability policy. This is because full coverage insurance comes with comprehensive and collision insurance, which are valuable if you want to be covered for damages to your car.
- Collision insurance: covers damages caused by collisions with another vehicle or stationary object
- Comprehensive insurance: covers damages due to risks, such as theft or vandalism
For older cars, the cost of comprehensive insurance may exceed the value of the car. As a result, a state minimum policy might be more affordable in these scenarios.
Compare Car Insurance Rates in Coral Springs
Ensure you're getting the best rate for your car insurance. Compare quotes from the top insurance companies.
Cheapest Car Insurance in Coral Springs for Minimum Coverage
The cheapest type of car insurance in Coral Springs is a minimum coverage policy. On average, the most affordable companies for a minimum coverage policy in Coral Springs are:
- GEICO: $826 per year
- Travelers: $1,064 per year
If you have a military background, USAA is the cheapest for a minimum coverage policy at $470 per year.
Progressive is the most expensive insurer for minimum coverage at $1,684 per year, $858 more than GEICO.
Minimum coverage is affordable but only provides limited protection since it doesn’t include comprehensive and collision insurance and has low levels of liability coverage. Toggle the table below to see how much higher liability coverage costs.
Cheapest Minimum Liability Car Insurance in Coral Springs
State Minimum
- CompanyState Minimumper year
- 1.$470
- 2.$826
- 3.$1,064
- 4.$1,067
- 5.$1,078
You can save on your car insurance costs in Coral Springs by opting for a state minimum policy. However, a state minimum policy only carries the minimum liability limits for Florida for personal injury protection and property damage. This means you risk high out-of-pocket costs if you are in an at-fault accident.
For example, a state minimum policy in Coral Springs will only have $10,000 in property damage liability. This means that in an accident where you cause property damage of $15,000, you will have to pay $5,000 out of pocket.
Florida Minimum Liability Requirements
- ItemDescription
- Property Damage$10,000 for property damage. A more protective level is 100/300/100.
- Personal Injury Protection$10,000 per person.
Cheapest Car Insurance in Coral Springs if You Have Driving Violations
Average car insurance rates in Coral Springs are significantly impacted by driving violations like DUIs, speeding tickets and at-fault accidents.
On average, if you have a violation, the cheapest auto insurers in Coral Springs are:
- Cheapest after a ticket: State Farm at $2,079 per year
- Cheapest after an at-fault accident: State Farm at $2,233 per year
- Cheapest after a DUI: State Farm at $2,079 per year
If you have a military background, USAA is the cheapest insurer for all violations.
If you have a poor record, improving it over time will help you lower your car insurance costs in Coral Springs. It also pays to shop around and compare costs to find the cheapest insurers for violations.
Cheapest Car Insurance in Coral Springs With a Violation
Speeding Ticket
- CompanySpeeding Ticketper year
- 1.$1,175
- 2.$2,079
- 3.$2,513
- 4.$2,649
- 5.$3,029
Average Cost of Car Insurance in Coral Springs
Coral Springs$2,394
Florida$2,208
U.S.$1,424
Car insurance in Coral Springs costs an average of $2,394 per year. This is 8.4% higher than the average cost of car insurance in Florida and 68.1% more than the national average.
Personalized Quotes to Get You the Cheapest Car Insurance in Coral Springs
Car insurance quotes in Coral Springs depend on several factors, including age, gender, ZIP code, driving history, coverage required and make and model of vehicle. Comparing quotes is the best way to find the most affordable rates for your profile since car insurance rates can also vary widely depending on the insurer.
Compare Car Insurance Rates in Coral Springs
Ensure you're getting the best rate for your car insurance. Compare quotes from the top insurance companies.
The Best Car Insurance Companies in Coral Springs
MoneyGeek rated the best providers in Coral Springs based on average rates, claims ratings, financial stability and user satisfaction. Based on this ranking, the following companies are the top two car insurance providers in Coral Springs:
- GEICO: MoneyGeek score of 76 out of 100
- State Farm: MoneyGeek score of 72 out of 100
USAA was not included in our ranking because military members and their families are only eligible for its policies. However, it received a perfect MoneyGeek score, making it the best provider for current or former members of the military.
1
GEICO
Score:76
GEICO received a perfect score for financial stability and high scores for claims and customer satisfaction. With an above-average yearly cost of $1,801 per year, the company earned an average to poor score for affordability. It offers a unique endorsement coverage for mechanical breakdown.
More About GEICO
Mechanical Breakdown Insurance (MBI) from GEICO offers more coverage for less money than a conventional dealer extended warranty in Coral Springs. It covers all parts and systems, rather than simply the ones covered by standard dealer warranties.
Apart from that, GEICO Accident Forgiveness ensures that your insurance rate will not increase as a result of your first at-fault accident. If you're over 21 and haven't had an accident in the last five years, you can buy accident forgiveness or earn it.
Read MoneyGeek's GEICO auto Insurance Review2
State Farm
Score:72
State Farm received good scores in all categories, making it a well-rounded insurance provider. It offers rideshare insurance, a unique add-on coverage, and policies cost $1,924 per year.
More About State Farm
State Farm's rideshare insurance ensures all of the coverages included in your personal auto insurance policy, except for liability insurance, remain in effect when you match with or carry a rider.
You may also opt-in for State Farm’s roadside assistance, which will cover things like mechanical work for up to an hour at the location of the breakdown, towing services to a nearby repair shop, car removal if it is stuck on or near a public road and more.
Read MoneyGeek's State Farm auto Insurance Review3
Travelers
Score:65
4
Allstate
Score:61
5
MetLife
Score:60
6
Progressive
Score:33
7
Allied
Score:30
8
Mercury
Score:25
Average Cost of Car Insurance by Postal Code
Since factors such as rates of car thefts and traffic incidents can vary depending on location, ZIP codes can impact car insurance rates.
However, in Coral Springs, there is not much variation in average car insurance rates based on ZIP codes. There is only a $1 difference between the cheapest ZIP code, 33071, and the most expensive, 33076.
- Zip CodeState Minimumper year
- 33071$2,393
- 33076$2,394
Factors That Impact Insurance Costs in Coral Springs
In addition to individual driver needs and history, location-specific factors like personal injury protection coverage requirements and the percentage of uninsured motorists also contribute to car insurance rates in Coral Springs. How Coral Springs ranks compared to the 300 most populous cities in the United States can have a significant impact on premium costs.
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