The words “bargain” and “insurance” probably shouldn’t be used together, in particular when you are trying to find the lowest insurance rates for drivers with accidents. Let’s start off by going over some things that can significantly affect car insurance premiums, and figure out some ideas to reduce the cost of the next policy you buy.
For drivers with at-fault accidents, one of the largest things that are used to help calculate car insurance rates is where your residence is in Jacksonville. Areas with more people or more claims are more likely to have higher rates, whereas areas with less crime or weather claims can boast about having cheaper rates.
The following table lists the most expensive cities in Florida for drivers with accidents to buy auto insurance in. Jacksonville shows up at #19 with an annual rate of $2,040 for the average policyholder, which is approximately $170 monthly.
|Rank||City||Average Per Year|
|6||West Palm Beach||$2,625|
|20||Port St. Lucie||$1,994|
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Annual rates are approximated as the specific zip code location can affect prices noticeably.
The vehicle model driven is a significant factor when quoting cheap car insurance for drivers with accidents. Vehicles with higher performance, poor safety features, or an increased likelihood of liability claims will cost more to insure than safer models. The next table features insurance premiums for a number of the most economical vehicles to insure in Florida.
|Insured Vehicle||Estimated Cost for Full Coverage|
|Hyundai Elantra GLS Touring Station Wagon||$2,593|
|Honda Accord LX-P 4-Dr Sedan||$2,772|
|Honda CR-V EX-L 4WD||$2,807|
|Ford Escape XLS 2WD||$2,871|
|Ford F-150 XLT Crew Cab 2WD||$2,913|
|Jeep Grand Cherokee Laredo 2WD||$3,071|
|Chevrolet Silverado LS Regular Cab 2WD||$3,130|
|Toyota Camry XLE||$3,229|
|Ford Edge Limited 2WD||$3,251|
|Honda Civic Hybrid 4-Dr Sedan||$3,260|
|GMC Sierra SLE Crew Cab 4WD||$3,266|
|Chevrolet Equinox LTZ AWD||$3,260|
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Prices based on single female driver age 40, no speeding tickets, two at-fault accidents, $1,000 deductibles, and Florida minimum liability limits. Discounts applied include homeowner, multi-policy, and multi-vehicle. Rate information does not factor in vehicle garaging location which can impact prices considerably.
Looking at the numbers, models like the Hyundai Elantra, Honda Accord, and Honda CR-V are most likely to be the cheapest vehicles to insure for drivers with at-fault accidents. Auto insurance rates will tend to be more expensive anyway because of the fact that there is more claim risk for drivers with accidents, but overall those makes and models will have the best insurance prices compared to other types of vehicles.
Reckless driving habits raise Jacksonville insurance rates
One of the best ways to snag good insurance rates in Florida for drivers with at-fault accidents is to be a safe driver and not get tickets or have accidents. The illustration below illustrates how violations and fender-benders can influence insurance rates for different age groups. The price estimates are based on a single female driver, comp and collision included, $250 deductibles, and no additional discounts are factored in.
The data charted above shows the average cost of auto insurance in Jacksonville per year with no violations or accidents is $2,077. Get written up for two speeding tickets and the average cost jumps to $2,788, an increase of $711 each year. Now throw in two accidents along with the two speeding tickets and the annual cost of insurance for drivers with accidents increases to an average of $5,407. That’s an increase of $3,330, or $278 per month, just for not being more responsible behind the wheel!
The information below illustrates how your choice of deductibles can influence insurance premiums when searching for cheap insurance for drivers with accidents. The data assumes a married female driver, full coverage, and no other discounts are factored in.
The chart above illustrates that a 30-year-old driver could pocket $332 a year by changing from a $100 deductible up to a $500 deductible, or save $500 by choosing a $1,000 deductible. Young drivers, such as the 20-year-old example, can save as much as $708 annually just by using higher deductibles. If you do decide to increase your deductibles, it will be necessary to have enough funds in savings to enable you to pay the extra out-of-pocket expense, which is the primary disadvantage of high deductibles.
How to find cheaper auto insurance for drivers with accidents
Here are some of the recommended penny-pinching solutions that can help you find more affordable coverage.
- Avoid preventable accidents
- Don’t waste money on full coverage for older vehicles
- Higher credit scores can equal lower rates
- Raise deductibles
- Drive vehicles with five-star safety ratings
- Avoid getting citations and tickets
- Check for cheaper rates once a year
The final tip is notably significant, as was stressed in this write-up. Insurance prices in Jacksonville adjust often, so don’t hesitate to buy from a new company if you can find a cheaper rate.
Many drivers tend to have loyalty to a certain company, but it’s not a great idea if that inflexibility results in costing you money that could be used for better things. Now is a great time to shop around to find cheaper auto insurance for drivers with accidents.
The auto insurance agents in Jacksonville shown below can aid you in deciding which coverage fits your budget, since some people prefer to have some advice when shopping for the best coverage for drivers with accidents. It can be hard to find coverage yourself, and a professional agent can provide you peace of mind knowing you have adequate asset protection.
To find a Jacksonville insurance agent nearest to you, click the button at the bottom.
Erwin Insurance Agency-Beach
5243 Beach Blvd – Jacksonville, FL 32207 – (904) 391-1003
Beans Insurance Agency, LLC
3041 Dunn Ave – Jacksonville, FL 32218 – (904) 766-1995
Mizell Insurance Agency
11893 New Kings Rd – Jacksonville, FL 32219 – (904) 764-3336
Allstate Insurance: Jeff Bernard
7530 103rd St Ste 13 – Jacksonville, FL 32210 – (904) 777-3130
Luten Insurance Agency
3811 Blanding Blvd – Jacksonville, FL 32210 – (904) 771-6400