How to Keep Florida Auto Insurance Costs Low

Florida is the eighth most expensive state for auto insurance rates. But, it’s required to carry, at least by drivers who want to avoid financial hardships after an accident or face the burdens of tickets, fines, and other hardships if pulled over by law enforcement.  There are many ways to reduce the amount of money you spend on auto insurance mount dora fl. Ready to learn how to keep your costs low?

Increase the Deductible

The standard auto insurance deductible is $500 but you can increase this amount if you choose. Increasing the deductible to, say $1000, adds more risk to your shoulders but if you’re a safe driver, shouldn’t affect you too gravely. Plus, the discounts awarded for the increased deductible amount are quite nice!

Ask for Discounts

auto insurance mount dora fl

Auto insurance companies offer a slew of discounts to attract customers to their company. Discounts and amounts vary from one insurer to the next but it’s possible to save as much as 20% on the cost of coverage. Don’t be shy and ask for those discounts. Multi-policy discounts, safe driver discounts, and many others are available.

Shop Around

The best way to keep auto insurance costs low is by shopping around. It’s easy to compare providers via online calculators and tools. If you prefer, call the insurance agency to speak to an agent personally. Shopping around can help find the best prices for coverage and help you save a ton of money in the process.

FL Insurance Requirements

Florida drivers must carry an auto insurance policy that includes:

·    $10,000 Bodily Injury Protection (1 injury)

·    $20,000 Bodily Injury Protection (all injuries)

·    $10,000 PIP (Personal Injury Protection)

·    $10,000/$20,000 Uninsured/Underinsured Motorists Coverage

Make sure you comply with the state laws and carry a policy that includes the mandatory coverage amounts listed above. Use the money-saving tips while you’re at it and get the coverage you need for a lot less money.