Are you looking for cheap car insurance in Fort Lauderdale, FL? If so, there are many reputable insurance carriers that you can insure with. Ft. Lauderdale is known for their beautiful beaches and it’s a popular vacation home for retirees. However, this extravagant Florida city has more to offer than just beauty. Fort Lauderdale is one of the most accident prone and dangerous cities for driving in the United States.
Although Florida is not the most expensive state for auto insurance. Florida is one of the most expensive states for car insurance. Rising car rates in Florida are due to several factors such as more drivers, faster cars, and more auto accidents.
Average Fort Lauderdale auto insurance rates
With that said, it shouldn’t come to a surprise to you that Fort Lauderdale is one of the most expensive cities to insure automobiles in. Those who have auto insurance in Fort Lauderdale pay over $1700 a year on average. Nearby cities such as Orlando and Port St. Lucie cost hundreds of dollars cheaper than Fort Lauderdale.
Cities in Broward County, Florida
- Coconut Creek
- Cooper City
- Coral Springs
- Dania Beach
- Davie
- Deerfield Beach
- Fort Lauderdale
- Hallandale Beach
- Hillsboro Beach
- Hollywood City
- Lauderdale-by-the-Sea
- Lauderdale Lakes
- Lauderhill City
- Lazy Lake Village
- Lighthouse Point
- Margate City
- Miramar City
- North Lauderdale
- Oakland Park
- Parkland City
- Pembroke Park
- Pembroke Pines
- Plantation
- Pompano Beach
- Sea Ranch Lakes Village
- Southwest Ranches
- Sunrise City
- Tamarac City
- West Park
- Weston City
- Wilton Manors
What is the minimum car insurance coverage required in Florida?
- $10,000 property damage liability per accident
- $10,000 personal injury protection
Who has the cheapest car insurance?
GEICO
GEICO, which is the second largest auto insurer was founded in 1936 by Leo Goodwin Sr. and Lillian Goodwin. Whether you need affordable home insurance rates, affordable life insurance rates, or affordable commercial truck insurance rates, GEICO has you covered.
In Fort Lauderdale, GEICO seems to offer insurance for hundreds less than some of the top insurance providers in the industry. I know many people who were able to receive cheap car insurance under $100 a month with GEICO. Depending on your car type it is even possible to receive an insurance quote under $50. The average yearly rate for GEICO policyholders who reside in Fort Lauderdale is slightly above $900. GEICO is well-known for having the best financial strength ratings from the top financial rating analysts. On top of already cheap rates, you might be able to take advantage of their insurance discounts.
Discounts and features:
Coverage Calculator – GEICO’s awesome Coverage Calculator helps those seeking insurance to find the appropriate level of insurance coverage for their situation.
Parking Locator – This parking locator feature in the GEICO Mobile app helps you to always be on time. With this feature, you can find and book parking before arriving at your destination.
Five-Year Accident-Free Good Driver – This good driver discount can translate to serious insurance discounts. GEICO drivers will be able to save over 20%.
Good Student discount – Full-time students with good grades are able to save up to 15% on certain GEICO coverages.
Military discounts – GEICO offers multiple military discounts for veterans and military personnel.
GEICO locations near Fort Lauderdale
GEICO location – Roxanne Jackson – 5360 S University Dr Suite 1, Davie, FL 33328
GEICO location – 13631 Biscayne Blvd, North Miami, FL 33181
GEICO location – 2882 NW 79th Ave, Doral, FL 33122
Florida Farm Bureau
Farm Bureau insures various insurance products such as personal auto, flood, homeowners, life, farm & ranch property & casualty, commercial property & casualty, crop protection, umbrella, and personal items. Florida Farm Bureau has been serving Florida residents for 63 years. Florida Farm Bureau is one of the cheapest auto insurance companies in Fort Lauderdale. A.M. Best rated Florida Farm Bureau with an “A” Excellent rating.
Discounts:
Member discounts – With Farm Bureau you will receive discounts on hotels & motels, rental cars, vacation packages, amusement parks, state attractions, propane, marine towing, and more.
Low Mileage Discount – If you are a low mileage driver, then you can save with Farm Bureau.
Safe Driver Discount – Keeping a good driving record can help you to save big with Florida Farm Bureau.
Florida Farm Bureau locations near Fort Lauderdale
Farm Bureau location – 5220 S University Dr # 105, Davie, FL 33328
Farm Bureau location – 1841 NW 123rd Ave, Pembroke Pines, FL 33026
Farm Bureau location – 2121 SR 7, Margate, FL 33063
Farm Bureau location – 11788 W Sample Rd, Coral Springs, FL 33065
Farm Bureau location – 13121 S Military Trail, Delray Beach, FL 33484
Travelers Insurance
The Travelers Companies, Inc. was founded over 150 years ago in 1853. Today Travelers has over $100 billion in total assets. Travelers is in competition for low insurance rates in Ft. Lauderdale. On average Travelers usually costs slightly more than GEICO. However, Travelers is $500 less than the national insurance average in Fort Lauderdale.
A.M. Best awarded Travelers with an “A++” insurance rating. Moody’s awarded Travelers with an “Aa2” financial strength rating. Fitch awarded Travelers with an “AA” financial strength rating. BBB rated Travelers insurance with a “A+” rating.
Discounts:
Multi-Policy Discount – When you bundle multiple insurance policies such as home/condo insurance or any other policies with Travelers Insurance, then you can save up to 13% with Travelers.
Home Ownership Discount – When you are a homeowner you will be able to save up to 5% on your auto policy.
Continuous Insurance Discount – You will be able to save up to 15% on your insurance policy when you have no gaps in your coverage.
Hybrid/Electric Vehicle Discount – Owing or leasing certain vehicles can result in a discount.
New Car Discount – Do you own a vehicle that is less than 3 years old? If so, then you can save up to 10% with Travelers.
Auto-Owners
Auto-Owners Insurance was founded on July 1, 1916 by Vern V. Moulton. Currently Auto-Owners has over 6000 agencies in the United States. Auto-Owners homeowners and auto insurance both rate above average. Not only does Auto-Owners Insurance have great reviews across the boards, but Auto-Owners gives great rates to drivers in Fort Lauderdale. In 2016, it was reported that Auto-Owners had over $20 billion in assets. Auto-Owners received an “A++” financial strength rating from A.M. Best which reveals that they have financial stability to pay insurance claims. In the Better Business Bureau rating system BBB received an “A+” BBB rating system which reveals that they handle customer complaints well.
Discounts:
Payment history discount – Drivers who have paid their premium on time for the past 36 months will receive reduced insurance rates. This is an easy discount to get if you setup for automatic billing.
Life Multi-Policy Discount – If you have a qualifying life insurance policy you will receive a discount with Auto-Owners.
Safety Feature Discounts – Certain installed features on your car will result in an insurance discount with Auto-Owners.
Favorable Loss History – With Auto-Owners you will be able to receive a lower premium for favorable loss history.
Teen Driver Monitoring Discount – Setting up a GPS in your teen driver’s vehicle will result in an insurance discount.
State Farm
State Farm was founded by Illinois farmer G.J. Mecherle in 1922. State Farm is currently the largest insurer of home and automobiles in the United States. State Farm is a popular insurance provide in Fort Lauderdale, FL. I know various individuals we were able to receive good rates using State Farm. State Farm received a Better Business Bureau rating of “A+” and a “A+” financial strength rating from A.M. Best. If you desire a proven auto insurance company that is known to deliver, then State Farm is a great company to use. State Farm received 3 out of 5 Power Circles in the 2017 U.S. Insurance Shopping Study by J.D. Power which measures auto insurance shopping and more. The study is based on responses from more than 16,000 drivers who requested insurance rates.
Discounts:
Drive Safe & Save – Policyholders can enroll in their Drive Safe & Save program to save money on their premium.
Accident-Free Discount – When you are accident-free for 3 years using State Farm you will be eligible for special savings.
Good Driving Discount – New State Farm customers receive this discount when they’ve gone at least three years without any at-fault accidents or moving violations.
Multiple Auto Discount – Those insuring two cars for one driver will be able to save up to 17% on auto insurance.
Steer Clear – Finding cheap auto insurance under 25 might be a hassle for some. This is a unique driver discount program that allows drivers under 25 with good driving habits to save on their insurance policy.
State Farm Agents in Fort Lauderdale
Brice Brown – located: 611 S Federal Highway Ft. Lauderdale, FL 33301-3109
Steve Botkin – located: 3038 N Federal Highway Ft Lauderdale, FL 33306-1493
Kim Nava – located: 4720 N. Federal Hwy. Ft Lauderdale, FL 33308
Grace Swaby-Smith – located: 3007 W Commercial Blvd Suite 205 Fort Lauderdale, FL 33309-8501
Progressive
Progressive is used by over 18 millionof people across the U.S. Progressive offers slightly higher insurance rates compared to some other insurance companies on this list. However, what sets Progressive apart from the rest is that they have awesome discounts and features that their customers can benefit from.
Discounts:
Snapshot – This awesome program can help you to save over $100. The better that you drive and the less that you drive the more that you will be able to save.
Teen driver discount – Adding your newly licensed teen driver onto your insurance policy will result in more savings with Progressive.
Safe driver – Progressive offers one of the best safe driver discounts which allows drivers to save up to 31% on auto insurance.
Progressive locations near Fort Lauderdale
Florida State Insurance & Auto Tags – 927 A N Federal Hwy, Fort Lauderdale, FL, 33304
Gateway-Acentria Insurance – 2430 W Oakland Park Blvd, Fort Lauderdale, FL, 33311
Brown & Brown Of Fl – 1201 W Cypress Creek Road #130, Fort Lauderdale, FL, 33309
Jse Insurance – 232 W Prospect Road, Fort Lauderdale, FL, 33309
Allied Insurance
Allied was founded in 1929 and in 1998 the insurance company merged with Nationwide. Today Allied employees over 4000 people across the United States. Affordability is great. However, an awesome customer satisfaction rating is another benefit to an insurance company. Allied insurance is the one of the highest rated car insurance providers in Florida in terms of complaint volume.
Discount:
Prior carrier discount – Switching to Allied from another insurance carrier will help you to save on auto insurance.
Farm Bureau discount – Farm Bureau customers are able to receive a discount when they switch to Allied.
Accident-free discount – Each year that you drive without an accident you will be able to save.
Allied Extra – This feature includes a single deductible, bonus emergency lockout coverage, and more.
Bottom Line
Although auto insurance may be expensive in Fort Lauderdale, there are various companies that make it more affordable and offer discounts that you can take advantage of today. To get the best rates, take a minute to compare insurance rates now.