How Much Does Auto Insurance Cost in Miami?
Premiums in Miami are $773 higher than the state average, which is why the city is recognized for its pricey premiums, so in Miami, it is vital to save while insuring a vehicle. We've analyzed how auto insurance rates in Miami compare to premiums nationwide.
AUTO INSURANCE RATES: MIAMI VS. STATE/NATIONAL AVERAGES
|City Average||State Average||National Average|
Miami Car Insurance by Driver Age
Drivers in their 50s save money on insurance payments, as they have the smallest rates among all age groups, paying only $2,407 every year. However, those in their 60s ($2,438) aren’t paying much more. In Miami, when drivers hit their 20s, therefore moving out of the teenage age bracket, they reduce their premiums by 54%, the largest difference between any age group. Car insurance premiums in Miami continue to trend downward up until drivers hit 60. Car insurance premiums are highest for teenage drivers, with payments that average $7,502 per year.
MIAMI CAR INSURANCE RATES BY DRIVER AGE
Miami Car Insurance by Credit Rating
The disparity between average car insurance premiums in Miami for individuals with Exceptional credit (800-850) and Very Poor credit (300-579) is $2,812 a year. In terms of percent change, the largest benefit of better credit comes from improving from Fair (580-669) to Good (670-739), by which drivers can save around 19% per year.
MIAMI CAR INSURANCE COSTS BY CREDIT TIER
|Credit Level||Average Rate|
Miami Car Insurance by Marital Status and Gender
Pricing for car insurance premiums in Miami is determined by several inputs, including marital status and gender. Being married can save you close to 4% per year compared to being single. Rates for those who are widowed are slightly cheaper than rates for those who are single. Unfortunately for women, their premiums are generally 3% more costly than for men.
MIAMI CAR INSURANCE RATES BY GENDER AND MARITAL STATUS
|Marital Status/Gender||Average Rate|
Miami Auto Insurance by Violation or Accident History
Accidents and violations can cost you in terms of premiums. Speeding 16-20mph above the speed limit can drive up your insurance premiums. Individuals with a speeding ticket on their record spend, on average, $745 more per year. In Miami, drivers with a DUI need to spend 51% more than the city average to insure their vehicle. Reckless driving will also drive your premiums up, with typical rates of $3,976, which are 50% higher than the city average.
AVERAGE MIAMI INSURANCE RATES AFTER A VIOLATION OR ACCIDENT
|Incident or Violation||Average Rate|
|At-fault Accident (damages less than $1,000)||$3,688|
|At-fault Accident (damages greater than $2,000)||$3,688|
|Speeding Ticket (16-20 mph over speed limit)||$3,396|
What drives up car insurance rates in Miami?
Where you live in Miami affects your car insurance rates. Besides your driving history and credit score, where you live is one of the biggest contributing factors to the car insurance rates you'll pay. The reason? Crime, theft and uninsured motorists vary by zip code. So if you find yourself in a neighborhood that doesn’t play well with others, car insurance companies may consider you a high risk to insure, meaning: your rates could be higher than those of a pal who lives just around the block. And, unfortunately Miami is no exception to the rule. From zip code 33140 to 33125, premiums rise by 45 percent—that’s $1214.
Expensive Miami Zip Codes: 33136, 33130, 33128, 33135, 33125
Cheap Miami Zip Codes: 33140, 33141, 33154, 33197, 33160
Miami Driving Conditions
Inclement weather goes hand in hand with wet brakes, slick roads & decreased visibility.
And that's not the worst of it. Each year there are more than 700,000 weather-related car accidents. In Miami, you can expect 135 rainy days with an annual rainfall of 61.9 inches. Miami is also known to experience thunderstorms and occasional hurricanes. You can check on the condition of the roads anytime here.
Rainy Days a Year
Avg. Annual Rainfall
Avg. Annual Snowfall
Find Local Miami Agents
Arthur J Gallagher Risk Management Services, Inc.
8333 NW 53rd St Ste 600 Miami, FL 33168
BenTrust Insurance Group
701 Waterford Way #300 Miami, FL 33126
ABACOA Insurance Group, Inc.
8000 NW 7th St Ste 202 Miami, FL 33126
Butler, Buckley, Deets, Inc.
6161 Blue Lagoon Dr #420 Miami, FL 33126
The Madison Insurance & Financial Group
15190 SW 136th St Miami, FL 33196
Insurance Office of America, Inc.
1150 NW 72 Ave Ste 530 Miami, FL 33126
PROFESSIONAL INSURANCE AGENCY GROUP INC
8660 W Flagler St, Ste 101A Miami, FL 33144
Kahn Carlin Insurance
3350 S. Dixie Highway Miami, FL 33133
Dopazo & Associates Inc
8725 NW 18 Terrace Ste 300 Miami, FL 33172
Insurance Marketing Center Inc
2500 NW 79 Ave Ste 208 Miami, FL 33122
NCF Insurance Associates, Inc.
8700 W Flagler St Ste 320 Miami, FL 33174
Prime Insurance Alliance, Inc.
5835 Blue Lagoon Dr, Ste 304 Miami, FL 33126
iSure Insurance Brokers
8700 West Flagler Street Miami, FL 33174
Koski & Co, Inc
9875 Sunset Dr Miami, FL 33173
Morris & Reynolds Insurance
14821 South Dixie Highway Miami, FL 33176
The average Miamian's annual cost of coverage
Our customer's average savings after comparing insurance
See How Much You Can Save in Miami
Just enter your zip code to get started
Miami Car Insurance
Get Smart about Sinkholes: Is Your Home Protected?
Nov 08, 2017
There are altogether too many unfortunate scenarios which might cause damage to your home and property, and your home insurance...
7 Spooky Halloween Road Trips to Creep You Out
Sep 29, 2017
Forget pumpkin spice – bring on scary movie season! As the weather starts to cool and leaves begin to turn,...
What Questions Do Insurance Agents Get Asked Most? (An Ask-iversary)
Jun 23, 2017
Howdy, folks! This week marks the one-year anniversary of The Zebra’s resource for all of your insurance questions: Ask an...
Zipcar vs. car2go: Which Car Sharing Service is King?
May 09, 2017
Over the past few years, car sharing has taken the world by storm. Car sharing businesses are now operating in...
Safety Recalls in the Sharing Economy: Should You Be Worried?
May 03, 2017
If you have a new car, or a new baby (with the accompanying new-baby gear), or a new fancy appliance,...
Everything You Need to Know about Buying a Car from Walmart
Mar 21, 2017
Soon people all over the U.S. may be able to come home with groceries for the week, new school clothes...
Driverless Car Laws by State
Mar 16, 2017
While many established automakers and technology companies are itching to win the autonomous vehicle race, legislators are simply trying to...
Sweeten Up Your Sweetheart with a Delightfully Romantic (Driving) Date
Feb 10, 2017
We know celebrating Valentine’s Day isn’t always the coolest game in town, but we argue that any day with chocolate,...
The Future of the Auto Mechanic is… Clean
Jan 05, 2017
As it turns out, “getting your hands dirty” might end up being just an expression for auto mechanics in the...
Are School Buses Even Safe?
Nov 04, 2016
Each day, parents of 25 million American children watch them board a big yellow school bus. That’s more than half...
7 Can’t-Miss Car Museums Across the U.S.
Oct 28, 2016
Admiring automobiles is a classic American pastime: In fact, there are more than 100 museums dedicated to cars in the...
Forget Cars – Would You Ever Trust a Driverless Ambulance?
Oct 19, 2016
Not long after this spring’s controversy when a Florida man died while his Tesla’s autopilot feature was in use, a...
No Car, No Problem: Short Commute Alternatives
Sep 22, 2016
Most working-aged adults commute to work each day, and many students also share the daily commuting grind. Most Americans rely...
Help, My Car is a Lemon!
Sep 20, 2016
You’ve probably heard of “lemons” as the term pertains to cars, but the details of consumer protections and lemon laws...
Who’s to Blame? Defining “Fault” in an Insurance Scenario
Sep 07, 2016
To the uninitiated, fault sounds easy enough: it ought to be assigned to the perpetrator of a crash, right? And...
Kids and Pets Left in Hot Cars: What Can You Do?
Aug 31, 2016
The interior temperature of a parked car sitting in the sun on a 78-degree day can reach 120 degrees in...
Can Humans be Trusted with Driverless Cars?
Aug 15, 2016
A transition period is built into the concept of driverless vehicles: we aren’t going to go from roads of today...
What Cars Do Olympic Athletes Drive?
Aug 12, 2016
The Olympics are in full swing now in Rio, and many famous names grace the screen, setting gold medal records...
Answering Every FAQ About Driverless Cars
Jul 27, 2016
Driverless cars—also called an autonomous vehicles—are all over the news. Although we keep hearing about them, there’s still tons of confusion over...
The Absurd Spectrum of Auto Insurance Fraud
May 24, 2016
Far from a victimless crime perpetuated against bloated corporations, insurance fraud reaches into the lives of everyday citizens. It costs the industry...
The Classic Spring Break Road Trip, Reimagined
Mar 15, 2016
Goodbye winter, hello spring! And with this season’s promise of a return to warmth and sunshine comes a little gift...
4 Ways to Ship Your Car When You Move
Mar 08, 2016
Moving sucks as it is. Moving across the country is even more complicated. If you’re planning a big move and...
Ridesharing’s Unexpected Danger? Aggressive Passengers
Mar 02, 2016
When ridesharing first came on the scene, potential customers wondered if they’d be safe: the idea of getting in a...
The Wrath of El Niño
Feb 19, 2016
The 2015-2016 El Niño has been dubbed “Godzilla El Niño” by weather experts—and with good reason. Just like the giant...
Ridesharing Hacks: How to Uber at the Airport
Dec 10, 2015
Arriving at the airport: one part excitement, one part did-I-remember-everything jitters, and five parts how-do-I-get-to-my-final-destination hassle (if you travel frequently,...