I’m sure you’ve seen the commercials from car insurance companies like GEICO, Liberty Mutual, and Farmers that guarantee the cheapest price, so drivers should just select the one with the best jingle, right?
Unfortunately, it’s just not that easy, as there are many unknowns such as if you want full coverage, if you are married, the area you live in, and what deductibles you want to use, that all go into determining the rate you pay. This article will discuss these types of topics and will give you a good beginning to your quest for cheaper car insurance.
Figuring out which company offers the cheapest auto insurance rates for state employees will require a bit more effort than just comparing a company or two. Every auto insurer has a different process to set their prices, so we will examine the auto insurance companies that tend to be cheaper in Orlando.
It’s important to understand that Orlando, FL auto insurance rates are based on many factors that can increase the policy premium. Simply improving your credit, having a teenage driver, or having an accident can trigger price changes that can now make some companies cheaper in comparison to the competition.
Cheap Insurance Rates in Florida
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | USAA | $977 |
| 2 | Electric | $1,712 |
| 3 | Amica | $1,712 |
| 4 | Progressive | $1,829 |
| 5 | Travelers | $1,888 |
| 6 | Allied | $1,985 |
| 7 | Mercury | $1,992 |
| 8 | Auto-Owners | $2,085 |
| 9 | Esurance | $2,102 |
| 10 | State Farm | $2,110 |
| 11 | GEICO | $2,150 |
| 12 | 21st Century | $2,397 |
| 13 | Allstate | $2,411 |
| 14 | Windhaven Insurance | $2,627 |
| 15 | MetLife | $2,900 |
| 16 | Safeco | $2,927 |
| 17 | Liberty Mutual | $3,039 |
| 18 | Hanover | $3,054 |
| 19 | United Automobile | $3,527 |
| 20 | Direct General | $3,902 |
| Compare Rates Now Go | ||
USAA normally has some of the lowest car insurance rates in Orlando at around $977 each year. This is $1,471 less than the average rate paid by Florida drivers of $2,448. Electric, Amica, Progressive, and Travelers also qualify as some of the more affordable Orlando, FL auto insurance companies.
As shown in the table above, if you are currently insured with Progressive and switched to USAA, you may see savings of about $852. Insureds with Travelers may save as much as $911 a year, and Allied policyholders might cut rates by $1,008 a year.
Be aware that those policy rates are averages across all insureds and vehicles and are not factoring in an exact zip code location for state employees. So the auto insurance company that has the lowest price for you may not even be in the top 21 companies shown above. That is why you need to quote rates from many companies using your own personal information and vehicle type.
The type of vehicle you are insuring is one of the primary factors when comparing low-cost auto insurance for state employees. Vehicles with economical engines, a plethora of safety features, or low incidents of liability claims will cost significantly less to insure than fast, unsafe models.
The table below features car insurance rates for a handful of the most cost-effective vehicles to insure in Florida.
| Vehicle Make and Model | Estimated Cost for Full Coverage |
|---|---|
| Honda Accord LX-P 4-Dr Sedan | $1,244 |
| Jeep Wrangler Sahara 4WD 2-Dr | $1,393 |
| Ford Escape XLS 4WD | $1,405 |
| Honda CR-V EX-L 4WD | $1,441 |
| Chevrolet Silverado LS Regular Cab 2WD | $1,471 |
| Dodge Grand Caravan SXT | $1,498 |
| Ford Edge Limited AWD | $1,551 |
| Toyota Camry XLE | $1,559 |
| Toyota Prius | $1,556 |
| Chevrolet Silverado 2500HD LT Crew Cab 4WD | $1,579 |
| Ford Explorer XLT 4WD | $1,585 |
| Honda Odyssey EX W/Rear Entertainment | $1,581 |
| Dodge Ram Crew Cab ST 2WD | $1,604 |
| Volkswagen Jetta LE 4-Dr Sedan | $1,611 |
| Toyota RAV4 Sport 2WD | $1,617 |
| Chevrolet Equinox LS AWD | $1,611 |
| Chevrolet Impala LT | $1,657 |
| Nissan Rogue SL AWD | $1,662 |
| Jeep Grand Cherokee Laredo 4WD | $1,657 |
| Kia Optima EX | $1,684 |
| Ford F-150 SVT Raptor Super Cab 4WD | $1,694 |
| Hyundai Elantra GLS 4-Dr Sedan | $1,699 |
| Hyundai Sonata GLS 4-Dr Sedan | $1,725 |
| Compare Cheap Rates Go | |
Above prices assume single male driver age 50, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Florida minimum liability limits. Discounts applied include claim-free, safe-driver, multi-vehicle, homeowner, and multi-policy. Price information does not factor in vehicle garaging location which can raise or lower price quotes significantly.
Based upon these rates, makes and models like the Honda Accord, Jeep Wrangler, and Ford Escape will definitely be some of the most affordable vehicles to insure for state workers.
For state workers, one of the largest components that are looked at to determine the annual cost of car insurance is where you keep your car. Areas with increased crime or more people will most likely have higher rates, whereas less populated areas can boast about having cheaper rates.
The illustration below rates the most expensive places in Florida for state employees to purchase auto insurance in. Orlando comes in at #19 with the annual price of $2,029 for the average policyholder, which is approximately $169 each month.
| Rank | City | Annual Premium |
|---|---|---|
| 1 | Hialeah | $3,523 |
| 2 | Miami | $3,273 |
| 3 | Miami Gardens | $3,149 |
| 4 | Miami Beach | $2,923 |
| 5 | Tampa | $2,636 |
| 6 | Miramar | $2,603 |
| 7 | West Palm Beach | $2,599 |
| 8 | Fort Lauderdale | $2,576 |
| 9 | Hollywood | $2,552 |
| 10 | Pompano Beach | $2,518 |
| 11 | Coral Springs | $2,474 |
| 12 | Davie | $2,448 |
| 13 | Pembroke Pines | $2,431 |
| 14 | Brandon | $2,368 |
| 15 | St. Petersburg | $2,286 |
| 16 | Clearwater | $2,194 |
| 17 | Spring Hill | $2,102 |
| 18 | Jacksonville | $2,040 |
| 19 | Orlando | $2,029 |
| 20 | Port St. Lucie | $1,935 |
| Find Cheaper Insurance Go | ||
Rates are comparative as the specific area where the vehicle is garaged can affect coverage rates substantially.
Difference between full coverage and liability only rates
Paying a lower price for auto insurance is the goal of the majority of vehicle owners, and a great way to pay lower rates for insurance for state employees is to not insure for full coverage. The chart below visualizes the comparison of yearly insurance costs when comparing full coverage to liability only. The costs are based on no claims or violations, $1,000 deductibles, drivers are single, and no discounts are applied to the premium.
Averaged for all age groups, comprehensive and collision coverage on your policy costs an extra $2,362 per year over and above liability only. At some point, every insured wonders if buying full coverage is worth the money. There is no set guideline of when to drop physical damage coverage, but there is a general guideline. If the annual cost of your full coverage insurance is more than about 10% of the settlement you would receive from your company, then it may be the right time to buy liability only.
There are some conditions where removing full coverage is not a good plan. If you still have a lienholder on your title, you must maintain physical damage coverage as part of the loan requirements. Also, if your emergency fund is not enough to purchase a different vehicle in case of an accident, you should not buy liability only.
Responsible drivers pay cheaper Orlando auto insurance rates
The ideal way to find cheap auto insurance rates for state workers is to drive safely and not get tickets or have accidents. The diagram below demonstrates how traffic citations and accident claims can impact yearly insurance costs for each different age group. The data is based on a single male driver, full coverage, $100 deductibles, and no other discounts are factored in.
The data charted above shows the average cost of auto insurance per year with no accidents and a clean driving record is $3,196. Get written up for two speeding tickets and the average cost increases to $4,247, an increase of $1,051 each year. Next add two accidents along with the two speeding tickets and the yearly cost of auto insurance for state employees increases to an average of $8,013. That’s an increase of $4,817, or $401 per month, just for not driving responsibly!
Discount Orlando car insurance
Auto insurance companies that offer coverage for state employees may additionally offer discounts that can lower rates by 40% or more if you can meet the requirements. A list of companies and a summarized list of policyholder discounts are outlined below.
- State Farm may have discounts that include multiple policy, good student, driver’s education, multiple autos, student away at school, defensive driving training, and accident-free.
- Liberty Mutual may include discounts for exclusive group savings, newly married, multi-car, teen driver discount, and multi-policy.
- American Family may offer discounts for early bird, mySafetyValet, Steer into Savings, defensive driver, and TimeAway discount.
- Progressive policyholders can earn discounts including homeowner, online quote discount, online signing, multi-vehicle, good student, continuous coverage, and multi-policy.
- Farmers Insurance offers discounts including mature driver, switch companies, youthful driver, business and professional, early shopping, multi-car, and electronic funds transfer.
- Auto-Owners Insurance has discounts for multiple vehicles, air bags, mature driver, company car, group or association, and safe vehicle.
- SAFECO offers premium reductions for accident prevention training, safe driver, teen safety rewards, homeowner, multi-car, bundle discounts, and teen safe driver.
The chart below visualizes the comparison of insurance rates with and without discounts. The data is based on a male driver, no driving violations, no at-fault accidents, Florida state minimum liability limits, full physical damage coverage, and $250 deductibles. The first bar for each age group shows the average rate with no discounts. The second bar shows the rates with multiple vehicle, multiple policy, vehicle safety, passive restraint, homeowner, and claim-free discounts applied. When these discounts are applied, the average savings per year on auto insurance for state employees is 28% or $604.
How to find low-cost insurance for state employees
The list below summarizes some of the recommended money-saving suggestions that can help Orlando drivers buy low-cost auto insurance.
- Avoid accidents and claims
- Ensure your driving record is clean
- Claim-free drivers earn discounts
- Buy a vehicle with excellent safety ratings
- Buy your auto and home insurance from the same company and save
- Compare rates often to find the best deal
That last tip is very crucial, as we noted in this write-up. Prices charged by car insurance companies in Orlando go up and down frequently, so you should be ready to buy a policy from a new company if a more affordable price is available. Sticking with a specific company is fine, but it isn’t a good idea if that devotion results in you overpaying money that could be spent on other things. If you have a few minutes, shop around and find cheaper insurance for state employees.