Cheapest and Best Car Insurance in Miramar, FL (July 2024)

Finding affordable insurance in Miramar, Florida, depends on coverage choices and driver details. Travelers offers the cheapest full coverage, while GEICO is the least expensive for minimum coverage and for families with teens. Mercury provides the best customer service and ranks best overall, balancing competitive pricing with excellent service. Your ideal insurer should match your unique needs and coverage preferences.

MoneyGeek found that GEICO is the cheapest car insurance in Miramar, providing great value for residents seeking minimum coverage.

• GEICO: $801 per year
• Mercury: $868 per year

Direct General Insurance offers the most expensive minimum coverage at $1,976 per year, $1,175 more than GEICO. Comparing policies ensures you get the best deal on car insurance.

Florida law mandates the following car insurance coverage minimums in Miramar:

• $10,000 property damage liability per accident
  
• $10,000 personal injury protection per person
  

Imagine you're at fault in an accident but have no minimum required coverage, and the bodily injury liability per person is $15,000. You'd be responsible for all the costs above your coverage limit — or, in this case, the entire amount. Minimums protect you up to a point, so consider your finances when choosing coverage.

MoneyGeek found that Travelers offers the cheapest full coverage car insurance in Miramar.

• Travelers: $1,887 per year
• State Farm: $2,060 per year

Direct General Insurance's full coverage policy costs $3,972 annually, $2,085 more than Travelers'. This rate difference underscores the need to compare quotes carefully, as full coverage policies include comprehensive and collision insurance, which increases costs compared to minimum coverage.

Our sample full coverage insurance policy in Miramar extends coverage limits to $100,000 for bodily injury per person, $300,000 per accident and $100,000 for property damage liability per incident. This is commonly known as a 100/300/100 plan.

Full coverage includes these insurance types:

• Collision Insurance: Covers repair costs from collisions with cars, objects like trees or light posts, rollover accidents and pothole damage.

• Comprehensive Insurance: Covers theft, severe weather damage, vandalism, fires, natural disasters and hitting animals like deer.

Full coverage is typically required if you lease or have a car loan. It also provides financial protection for new car owners. However, higher premiums may not be cost effective for older vehicles. To find out how much car insurance you need, strike a balance between ensuring sufficient coverage and managing insurance expenses.

MoneyGeek found that State Farm has the lowest rates for drivers with poor records across these driving offenses:

• Speeding Ticket: $2,333 per year
• At-Fault Accident: $2,541 per year
• DUI: $2,333 per year

Nationwide charges the highest rate for DUI at $5,941 per year, while State Farm maintains the same annual premium after a speeding ticket and a DUI. This shows that the impact of offenses on premiums can vary significantly between insurers.

In Miramar, insurance premiums rise with the severity of driving violations due to higher risk. Annual rates for drivers with speeding tickets average around $4,288, while premiums for DUIs can reach $4,908. Drivers with infractions should compare rates carefully to find the most affordable coverage.

MoneyGeek found that Nationwide offers the cheapest car insurance for teens in Miramar. For a family with two parents and a teenager in a full coverage policy, the lowest rates are:

• Nationwide: $4,513 per year for female teens and $5,083 per year for male teens
• State Farm: $5,258 per year for female teens
• Allstate: $5,777 per year for male teens

Travelers has the highest rates for family policies at $7,839 annually for male teens. This $3,326 difference from Nationwide's rate for female teens underscores the importance of comparing rates when adding a teenager to your policy. Premiums vary widely among insurers due to the higher risk associated with teenage drivers.

In Miramar, individual policy premiums for teen drivers average $11,869 annually, while joining a family plan reduces the cost to about $6,437. Insurers justify higher rates for individual policies due to teens' limited driving experience and higher accident risk. Getting individual coverage can be tough for teens without a credit or driving history. Families often find joint policies more affordable and accessible for insuring teen drivers.

MoneyGeek found that Travelers provides the cheapest car insurance for military backgrounds in Miramar.

• Travelers: $1,887 per year
• State Farm: $2,060 per year

USAA isn't in the dataset, but it usually offers competitive rates and specialized services for active-duty military members across many states.

Shopping for car insurance in Miramar can save money, but it takes about 15 minutes per company and over an hour for at least three insurers. For efficiency, try MoneyGeek’s car insurance calculator. It focuses on key factors like age, driving history, credit score and coverage preferences to give quick rate estimates.

Choosing the best auto insurance depends on your priorities, like service quality, cost and coverage options. MoneyGeek's scoring system evaluates these criteria to identify Miramar's top insurer per category:

• Best overall: Mercury (86 out of 100)
• Best for service: Mercury (83 out of 100)
• Best cheap: Mercury (88 out of 100)

Mercury emerges as Miramar's top provider, offering exceptional overall value, service quality and affordability. Its high scores in multiple categories make it a compelling choice across different insurance needs for those seeking affordable options without compromising service.

MoneyGeek found that Mercury offers the best car insurance in Miramar. Here are the top providers known for balancing cost and quality:

• Mercury: MoneyGeek score of 86 out of 100 ($2,322 per year)
• State Farm: MoneyGeek score of 83 out of 100 ($2,060 per year)

Mercury excels with high satisfaction and claims scores, ensuring superior service and reliable claims processing for full coverage policies.

MoneyGeek found that Mercury provides the best customer service for car insurance in Miramar.

• Mercury: MoneyGeek score of 83 out of 100 ($2,322 per year)
• State Farm: MoneyGeek score of 75 out of 100 ($2,060 per year)

Mercury's high score reflects its exceptional client satisfaction and efficient claims processing for policyholders in the city.

MoneyGeek found that Mercury is the best option in Miramar for budget-conscious drivers seeking quality car insurance based on affordability, claims handling and customer satisfaction.

• Mercury: MoneyGeek score of 88 out of 100 ($868 per year)
• Travelers: MoneyGeek score of 81 out of 100 ($890 per year)

Mercury provides exceptional value at a competitive price, leading with the highest MoneyGeek score. The insurer's strong affordability rating reflects its ability to provide cost-effective insurance while maintaining high standards of service and reliability.

In Miramar, the average car insurance cost is $2,556 annually, surpassing Florida's average of $2,392 per year. The state average exceeds the national average of $1,781 by $611.

Premiums vary based on driving history, vehicle type and coverage choices. Location is also crucial, affecting costs due to claim frequency, crime rate, and traffic density. In Florida, urban areas like Hialeah have the highest premiums at $3,233, while less urban areas like Gainesville are more affordable at $1,699 annually.