Why you can trust The Zebra

The Zebra partners with some of the companies we write about. However, our content is written and reviewed by an independent team of editors and licensed agents. Reference our data methodology and learn more about how we make money.

How much does auto insurance cost in Palm Bay?


The typical Palm Bay driver pays $2,084 per year for auto insurance. That's cheaper than the average across Florida ($2,309) and more expensive than the national average of $1,548. Our guide to Palm Bay car insurance includes average rates based on age, credit score, driving history, and marital status. Keep reading to learn more!

Palm Bay Average (annual) Florida Average National Average
$2,084 $2,309 $1,548
Jump to Palm Bay auto insurance rates by:


Palm Bay car insurance premiums by company


One of the best ways to save on auto insurance is to compare rates from multiple companies and to choose the insurer that best fits your coverage needs. For a typical driver, State Farm offers Palm Bay's most affordable premiums. Reference below the top options for affordable insurance in Palm Bay. Don't forget to get car insurance quotes based on your unique driving profile.

Insurer Average Yearly Rate
State Farm $1,608
GEICO $1,782
Progressive $2,709
Allstate $2,843

Consult our expert guide to finding the best cheap car insurance.


Palm Bay auto insurance rates by age

The age group that enjoys the lowest auto insurance rates in Palm Bay are drivers in their 50s, who pay an average of $1,914 per year. Rates for Palm Bay drivers in their 60s are also relatively affordable, at just $1,958 per year.

Teen drivers pay Palm Bay's most expensive auto insurance rates. When drivers hit their 20s in Palm Bay and move out of the teenage age bracket, they reduce their premiums substantially. In Palm Bay, teenage drivers pay $5,898 — a full $3,940 more than the second-most expensive rate paid by an age group.

Age bracket Average Yearly Rate
Teenagers $5,898
20s $2,661
30s $2,078
40s $2,038
50s $1,914
60s $1,958
70s $2,394

Learn more about the impact of age on car insurance premiums.


Palm Bay car insurance rates by gender and marital status


In some cases, a driver's gender and marital status may influence the car insurance rates they pay. In most locations in the US, single drivers pay more than married drivers based on data that says they're more likely to file claims. Married drivers in Palm Bay pay $87 less than single drivers for auto insurance. Rates for those who are widowed are also much cheaper than rates for those who are single. In Palm Bay, insurance rates for those who are widowed are less expensive than rates for those who are single.

Gender is another factor that can affect auto insurance rates. In Palm Bay, female drivers pay more for auto insurance than do male drivers: $49 per year, to be precise.

Gender/Marital Status Average Yearly Rate
Female $2,133
Male $2,084
Single $1,997
Married $1,997
Divorced $2,084
Widowed $2,045

Learn more about how gender and marital status have on auto insurance rates.


Palm Bay auto insurance premiums by incident history


No matter where you live, steering clear of accidents and citations is the best way to keep your auto insurance rates low. Speeding citations, reckless driving charges, DUIs and DWIs, and at-fault accidents all tend to bring about rate increases.

Palm Bay drivers found guilty of reckless driving pay a steep price when it comes to auto insurance, facing a rate increase of $1,067 per year versus the city average. A ticket for speeding results in a $529 rate hike while a DWI or DUI violation costs $957 per year in extra insurance expenditures.

Violation Average Annual Rate
DWI/DUI $3,042
Reckless Driving $3,151
At-fault Accident (damages less than $1,000) $2,872
At-fault Accident (damages greater than $2,000) $2,872
Speeding Ticket (16-20 mph over speed limit) $2,613

Learn more about the impact of driving violations on car insurance rates.


Palm Bay auto insurance rates by credit score


One of the byproducts of a good credit score is lower car insurance costs. Drivers who keep their credit score up typically pay less for auto insurance than do drivers with less-than-stellar credit histories. In Palm Bay, an improvement in credit score from the "Very Poor" tier (300-579) to the "Exceptional" tier (800-850) corresponds to a 59% drop in car insurance costs. Moving from "Very Poor" to "Fair" credit is a great way to save money on car insurance. In Palm Bay, improving your credit to "Fair" could help you earn $1,528 in savings on insurance premiums each year.

Credit Score Average Yearly Rate
Very Poor $4,072
Fair $2,544
Good $2,084
Very Good $1,893
Exceptional $1,682

Get additional information on how credit impacts car insurance costs.


Compare quotes side-by-side and find a policy today.

Location pin icon
glyph-shield-checkmark No junk mail. No spam calls. Free quotes.
Kristine Lee photo
Kristine LeeManager, Content and Data

Kristine is a licensed insurance agent who joined The Zebra in 2019 as an in-house content researcher and writer.

She is an authority on all things insurance and covers the ins and outs of auto, home, life and renters insurance. Her specialty is in providing data-backed insights and information to help insurance shoppers make informed decisions.

Kristine's insurance expertise and research have been cited by publications such as CNBC, Car and Driver, Business Insider, Yahoo!, The Balance, Nationwide and Elephant.

About The Zebra

The Zebra is not an insurance company. We publish data-backed, expert-reviewed resources to help consumers make more informed insurance decisions.

  • The Zebra’s insurance content is written and reviewed for accuracy by licensed insurance agents.

  • The Zebra’s insurance content is not subject to review or alteration by insurance companies or partners.

  • The Zebra’s editorial team operates independently of the company’s partnerships and commercialization interests, publishing unbiased information for consumer benefit.

  • The auto insurance rates published on The Zebra’s pages are based on a comprehensive analysis of car insurance pricing data, evaluating more than 83 million insurance rates from across the United States.