You have surely seen all the catchy commercials from auto insurance companies like The General and GEICO promising big savings, so you just need to pick the company with the cutest commercial, right?
It’s not quite that easy, unfortunately, as there are a ton of unknowns like your credit rating, your driving record, whether or not you are currently insured, and the vehicle you are insuring, that all go into determining the rate you pay. We are going to cover the best ways to avoid overpriced car insurance and also should give you a jump start in finding the best auto insurance in Florida.
Deciding which company has the best auto insurance rates for teenage females requires a bit more effort in order to find the lowest price quote. Each insurer has a different formula to determine rates, so let’s take a look at the lowest cost auto insurance companies in Florida.
It’s a good idea to know that Jacksonville auto insurance rates are influenced by many factors which can significantly increase or decrease your annual premium. Simply turning a year older, getting married, or getting into an accident may generate price changes that can cause some rates to be more affordable than the competition.
Cheap Insurance Rates for Teens
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | USAA | $986 |
| 2 | Amica | $1,712 |
| 3 | Electric | $1,746 |
| 4 | Progressive | $1,775 |
| 5 | Allied | $1,926 |
| 6 | Travelers | $1,945 |
| 7 | Mercury | $1,992 |
| 8 | Esurance | $2,102 |
| 9 | State Farm | $2,110 |
| 10 | Auto-Owners | $2,149 |
| 11 | GEICO | $2,150 |
| 12 | Allstate | $2,340 |
| 13 | 21st Century | $2,397 |
| 14 | Windhaven Insurance | $2,549 |
| 15 | MetLife | $2,958 |
| 16 | Hanover | $2,964 |
| 17 | Safeco | $3,016 |
| 18 | Liberty Mutual | $3,039 |
| 19 | United Automobile | $3,562 |
| 20 | Direct General | $4,022 |
| Quote Your Rates Go | ||
USAA has some of the most affordable car insurance rates in Jacksonville at around $986 per year. Amica, Electric, Progressive, and Allied are also some of the lowest-priced Jacksonville, FL auto insurance companies.
As shown above, if you are a customer of Amica and switched to USAA, you could realize an annual savings of upwards of $726. Customers with Electric might save as much as $760 a year, and Progressive policyholders might reduce rates by $789 a year.
If you would like to find cheaper car insurance rates, click here to start a quote or visit several of the following companies.
It’s important to note that these premium estimates are averaged for all drivers and vehicles in Florida and and are not figured with an exact location for teenage females. So the company that is most affordable for your situation may not even be in the top 21 companies in the list above. That emphasizes why you need to compare rates from as many companies as possible using your own driver data and vehicle information.
The vehicle model requiring insurance is one of the largest considerations when comparison shopping for the most economical car insurance for teenage females. Vehicles with economical engines, an excellent safety record, or low incidents of liability claims will cost quite a bit less to insure than adrenaline junky models. The next table presents insurance premiums for the most budget-friendly vehicles to buy coverage for.
| Vehicle Insured | Estimated Cost for Full Coverage |
|---|---|
| Honda CR-V EX 2WD | $4,065 |
| Volkswagen Jetta S 2.5 Station Wagon | $4,361 |
| Ford Escape Limited 4WD | $4,370 |
| Toyota Prius | $4,401 |
| Ford Explorer XLT AWD | $4,565 |
| Toyota Tacoma 4WD | $4,570 |
| Chevrolet Impala LS | $4,784 |
| Toyota RAV4 2WD | $4,823 |
| Dodge Grand Caravan Hero | $4,833 |
| Jeep Grand Cherokee Laredo 4WD | $4,823 |
| Chevrolet Malibu LS | $4,832 |
| Hyundai Elantra Blue 4-Dr Sedan | $5,042 |
| Ford Edge Sport AWD | $5,080 |
| Compare Cheap Rates Go | |
Data assumes single female driver age 17, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Florida minimum liability limits. Discounts applied include safe-driver, and claim-free. Rate information does not factor in Jacksonville, FL location which can decrease or increase price quotes greatly.
Looking at the data, we can tell that makes and models like the Honda CR-V, Volkswagen Jetta, Ford Escape, Toyota Prius, and Ford Explorer will be some of the cheaper vehicles to insure for teen girls. Rates will trend higher because there is more liability risk for teenage females, but generally speaking those models will probably have the cheapest auto insurance rates compared to all other vehicles.
The illustration below demonstrates how deductibles can affect insurance premiums when quoting cheap insurance for teenage females. The premiums assume a married male driver, full coverage, and no discounts are applied to the premium.
In the chart above, a 30-year-old driver could save $320 a year by changing from a $100 deductible up to a $500 deductible, or save $486 by using a $1,000 deductible. Even younger drivers, like the 20-year-old example, could lower their rates $966 each year just by choosing higher deductibles when buying full coverage.
When insureds make the decision to increase the deductibles on their policy, it is a good idea to have enough savings set aside to satisfy the extra out-of-pocket expense, which is the main inconvenience of larger deductibles.
Get discounts on Jacksonville insurance
Insurers that offer quotes for teenage females may additionally offer discounts that could reduce prices by as much as 25% or more if you are eligible. A list of companies and the discounts they provide are included below.
- Farm Bureau includes discounts for multi-vehicle, renewal discount, good student, multi-policy, youthful driver, and safe driver.
- State Farm has savings for driver’s education, multiple autos, good driver, defensive driving training, and student away at school.
- Progressive policyholders can earn discounts including homeowner, online signing, good student, multi-vehicle, and online quote discount.
- Allstate has discounts for utility vehicle, economy car, early signing, anti-theft, and farm vehicle.
- Nationwide offers premium reductions for multi-policy, business or organization, Farm Bureau membership, family plan, good student, easy pay, and accident-free.
- MetLife may offer discounts for defensive driver, multi-policy, claim-free, accident-free, good student, and good driver.
The example below illustrates the comparison of car insurance rates with and without discounts applied to the policy rates. The costs are based on a male driver, no accidents, no driving violations, Florida state minimum liability limits, full coverage, and $250 deductibles.
The first bar for each age group shows the price with no discounts. The lower bar shows the rates with vehicle safety, paid-in-full, anti-theft, good student, passive restraint, and paperless filing discounts applied. When drivers qualify for the discounts, the average amount saved each year on auto insurance for teenage females is 28% or $1,045.
Choosing the right company can be a challenge considering how many companies sell insurance in Jacksonville. The company information shown below may help you analyze which coverage providers you want to consider purchasing a policy from.
The rankings below include insurance companies that insure vehicles in the majority of U.S. states, so smaller regional companies are not included in the list. To check prices from these top insurers and more, just click here.
Top 10 Large Car Insurance Companies in Jacksonville Ranked by A.M. Best Rating
- Travelers – A++
- USAA – A++
- GEICO – A++
- State Farm – A++
- Titan Insurance – A+
- Esurance – A+
- Progressive – A+
- The Hartford – A+
- Allstate – A+
- Nationwide – A+
Top 10 Large Car Insurance Companies in Jacksonville Ranked by Value
- Mercury Insurance
- Travelers
- American Family
- AAA Insurance
- Safeco Insurance
- Progressive
- The Hartford
- The General
- 21st Century
- Esurance
Why it’s important to shop around
Florida auto insurance rates are impacted by many things that can increase the price of coverage. Simply getting older, buying a different home, or getting a couple of tickets can produce rate changes that can now make some companies cheaper than before.
In addition, insurers modify pricing every year in order to be able to pay unexpected claims. Higher than usual claims may cause increased policy costs, while profitable underwriting can cause lower-cost Jacksonville car insurance rates.
As an example, the bar chart below shows a variety of companies that have the cheapest car insurance in Jacksonville, FL for a 45-year-old male driver with a clean driving record, no accidents, and a good credit rating. When quoting prices based on his current risk profile, USAA may offer the most affordable car insurance rates in Jacksonville at $1,128 annually. This is $1,320 less than the average policy premium paid by Florida drivers of $2,448. Electric, Amica, Progressive, and Mercury are the remaining best Jacksonville, FL auto insurance companies.
Now we will pretend the driver from the first set of rates an at-fault accident, poor credit, and a speeding ticket. Due to the fact that every insurance company uses a different method for determining rates in each state, getting updated rate quotes may now result in a different ranking of affordable companies as shown below.
USAA now has the best car insurance rate in Jacksonville with Allied, Esurance, State Farm, and Auto-Owners completing the list. This example shows why consumers need to shop around to find cheap auto insurance rates for teenage females.
Insurance rates are made up of many different factors and can decrease or increase without notice, so the cheapest option the last time you shopped your coverage around may now be one of the more expensive options.