What's the Cost of Car Insurance in Miami?


It is crucial to save while insuring a vehicle in Miami because premiums in Miami are recognized for being pricey. They are generally $937 higher than the state average. We've analyzed how car insurance rates in Miami compare to costs nationwide.


CAR INSURANCE PRICES: MIAMI VS. NATIONAL/STATE MEAN
City AverageState AverageNational Average
$2,913$1,977$1,569


Miami Car Insurance Costs by Driver Age

With car insurance payments of $8,305 on average, teenage drivers have the highest rates of any age group. Drivers in their 50s save money on car insurance payments, as they have the smallest rates among all age groups, paying only $2,637 annually. Those in their 60s ($2,679) have premiums that aren't much higher. In Miami, drivers see the biggest decline in premiums when they reach their 20s, as they pay an average of 54% less after moving out of the teenage age bracket. In Miami, turning 60 means a rise in car insurance premiums. Up until then, moving from one age group to the next means decreasing prices.


MIAMI AUTO INSURANCE RATES BY DRIVER AGE
AgeAverage Rate
Teenagers$8,305
20s$3,839
30s$2,895
40s$2,830
50s$2,637
60s$2,679
70s$2,833


Miami Car Insurance by Credit Score


Improving your credit tier from Very Poor credit (300-579) to Exceptional credit (800-850) can save you an average of 59% every year on premiums. Drivers can save nearly $2,406 per year when they raise their credit tier from Very Poor (300-579) to Fair (580-669).


MIAMI CAR INSURANCE COSTS BY CREDIT TIER
Credit ScoreAverage Rate
Very Poor$5,953
Fair$3,547
Good$2,913
Very Good$2,658
Exceptional$2,448


Miami Car Insurance With Accidents or Violations


By avoiding driving mishaps that can make the expense of premiums spike, you can not only save yourself money, but become a safer driver. Reckless driving will increase your car insurance premiums more than other driving violations. $1,445 is the extra cost per year for drivers with a DUI in Miami, compared to the city average of $2,913. Reckless driving will also drive your premiums up, with typical rates of $4,417. That is 52% higher than the city average! The value of the damage caused by an accident plays a role in how drastically insurance rates will increase. When comparing rates for drivers with at-fault accidents in Miami, those with damages exceeding $2,000 pay $41 more than those with damages less than $1,000.


AVERAGE MIAMI INSURANCE RATES AFTER A VIOLATION OR ACCIDENT
Violation/IncidentAverage Rate
DUI$4,358
Reckless Driving$4,417
At-fault Accident (damages less than $1,000)$4,029
At-fault Accident (damages greater than $2,000)$4,070
Speeding Ticket (16-20 mph over speed limit)$3,761


Miami Car Insurance by Marital Status and Gender


In Miami, both marital status and gender have an effect on your car insurance premiums. Premiums for men are usually 3% cheaper than for women. Being married, as opposed to single or divorced, can save you 4% per year. Rates for those who are widowed are slightly cheaper than rates for those who are single.


MIAMI CAR INSURANCE PREMIUMS BY MARITAL STATUS AND GENDER
Marital Status/GenderAverage Rate
Female$2,990
Male$2,913
Single$2,946
Married$2,818
Divorced$2,946
Widowed$2,891


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.

135

Rainy Days a Year

62"

Avg. Annual Rainfall

0"

Avg. Annual Snowfall

Be Prepared For

Driving in MIA

2
Major Highways
I-95 SR 826 SR 878
2
Public Transit
Metrorail Metrobus
2
Toll Roads
SR 112 SR 836 SR 821
2
Popular Day Trips
Everglades National Park Florida Keys Biscayne National Park

Car Insurance Companies in Miami

Find Local Miami Agents

PROFESSIONAL INSURANCE AGENCY GROUP INC

8660 W Flagler St, Ste 101A Miami, FL 33144

NCF Insurance Associates, Inc.

8700 W Flagler St Ste 320 Miami, FL 33174

Insurance Marketing Center Inc

2500 NW 79 Ave Ste 208 Miami, FL 33122

Arthur J Gallagher Risk Management Services, Inc.

8333 NW 53rd St Ste 600 Miami, FL 33168

Prime Insurance Alliance, Inc.

5835 Blue Lagoon Dr, Ste 304 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

iSure Insurance Brokers

8700 West Flagler Street Miami, FL 33174

Insurance Office of America, Inc.

1150 NW 72 Ave Ste 530 Miami, FL 33126

BenTrust Insurance Group

701 Waterford Way #300 Miami, FL 33126

Dopazo & Associates Inc

8725 NW 18 Terrace Ste 300 Miami, FL 33172

Kahn Carlin Insurance

3350 S. Dixie Highway Miami, FL 33133

Morris & Reynolds Insurance

14821 South Dixie Highway Miami, FL 33176

Koski & Co, Inc

9875 Sunset Dr Miami, FL 33173

ABACOA Insurance Group, Inc.

8000 NW 7th St Ste 202 Miami, FL 33126

Not sure about Miami

Check out these other Florida cities...

Jacksonville

Tampa

Orlando

St. Petersburg

Hialeah

2

$3,232

The average Miamian's annual cost of coverage

2

40%

Our customer's average savings after comparing insurance

Revised

185

That's equal to 185 cuban sandwiches or $1,293 in savings

See How Much You Can Save in Miami

Just enter your zip code to get started

Location pin icon
Your information is secure.
Additional Resources:

Miami Car Insurance

Chevron left icon
How to Update Your Driver’s License When You Move to a New State
How to Update Your Driver’s License When You Move to a New State
Jul 28, 2017

Moving to a new state can be an exciting adventure. As with most moves, it requires a bit of paperwork...

Drunk Driving vs. Distracted Driving: Which is More Dangerous?
Drunk Driving vs. Distracted Driving: Which is More Dangerous?
Jun 09, 2017

  Drunk driving has long been a major cause of accidents on the road. Having a few drinks impairs our...

Digital Insurance Cards: Which States Accept Them?
Digital Insurance Cards: Which States Accept Them?
May 19, 2017

You probably already take care of your banking errands on your phone (thanks, mobile check deposits!). You may have shown...

Car Insurance for First-Time Drivers: 6 Things You Should Know
Car Insurance for First-Time Drivers: 6 Things You Should Know
Apr 03, 2017

A driver’s license is more than just permission to take to the open road. To many, including first-time drivers, it...

Driverless Car Laws by State
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...

How Does the Government Affect What You Pay for Car Insurance?
How Does the Government Affect What You Pay for Car Insurance?
Mar 12, 2017

  With auto insurance rates on the rise over the last five years, I’m constantly asked who’s responsible for auto...

What You Need to Know about Getting High and Driving in 2017
What You Need to Know about Getting High and Driving in 2017
Jan 30, 2017

Marijuana legalization in the U.S. is constantly evolving, and states continue to modify their own legislation on their own timelines....

4 Consequences of Driving without Insurance
4 Consequences of Driving without Insurance
Jan 27, 2017

If you drive in the U.S., you simply have to have car insurance. It’s the law. (Even residents of New...

The Rundown on “No Refusal” Weekends
The Rundown on “No Refusal” Weekends
Dec 20, 2016

The holidays are a hazardous time to be on the roads, and believe us, cops know it. They’re closely monitoring...

How Long After a Car Crash Can You File a Claim?
How Long After a Car Crash Can You File a Claim?
Dec 13, 2016

Auto insurance rules aren’t simple: each state sets its own regulations about everything from whether or not a driver’s credit...

What’s the Most Expensive Traffic Ticket in Your State?
What’s the Most Expensive Traffic Ticket in Your State?
Nov 08, 2016

If a cop hands you a ticket for speeding, swerving in and out of lanes, or causing a crash, you’re...

Don’t Count on Anti-Theft Devices to Lower Your Insurance Rate – Here’s Why
Don’t Count on Anti-Theft Devices to Lower Your Insurance Rate – Here’s Why
Nov 02, 2016

We know that tech and automotive companies are racing to create increasingly connected, autonomous cars. In fact, many of us...

Driver’s License Points: Do They Matter?
Driver’s License Points: Do They Matter?
Sep 23, 2016

In the world of traffic law and auto insurance, points are universally a bad thing. Instead of helping you win...

Who Pays More for Car Insurance: Democrats or Republicans?
Who Pays More for Car Insurance: Democrats or Republicans?
Aug 22, 2016

Red states, blue states, and battleground states: we’ll hear a lot about the political leanings of the 50 U.S. states...

Which States Have the Cheapest Car Insurance?
Which States Have the Cheapest Car Insurance?
Aug 02, 2016

Car insurance companies consider all sorts of factors to assess risk and set rates for different drivers. Here at The...

Welcome to Data Heaven: Introducing The 2016 State of Auto Insurance Report
Welcome to Data Heaven: Introducing The 2016 State of Auto Insurance Report
Aug 02, 2016

Drumroll please… Today, The Zebra introduces to you, fine readers, our first annual State of Auto Insurance Report! Did you...

Study: Poor Credit Will Cost You Double for Car Insurance
Study: Poor Credit Will Cost You Double for Car Insurance
May 03, 2016

Most folks consider credit a crucial factor in determining what they pay for home mortgages and other big life expenses, but far...

Chevron right icon