Automobile

Fort Myers, Florida Auto Insurance: Everything You Need to Know

Auto insurance in Fort Myers is a little pricier than the national average. However, by taking steps to shop around for the best prices and maintaining a good driving record, you can find the right insurance policy within your budget.

How Much is Fort Myers Auto Insurance?

While individual insurance rates will vary, auto insurance in Fort Myers, Florida, is cheaper than the state’s average of $189 per month, at a rate of $164 per month. However, it is more expensive than the national average of $135 per month. According to data from Smart Financial, the increase in rates is due to the higher theft rates in the area and the potential for water damage.

Best Fort Myers Insurance Providers

The best insurance provider for you will depend on factors like your driving record and coverage needs. If you are looking for auto insurance in Fort Myers, Florida, here are a few providers to consider:

  • Progressive.
  • Liberty Mutual.
  • GEICO.
  • The General.
  • State Farm.
  • Allstate.

    The cheapest rates in Fort Myers are usually with State Farm, which is about 34 percent lower than the state’s average rate with an average monthly rate of $124, according to QuoteWizard. Liberty Mutual is also an affordable option with an average monthly rate of $130 per month.

    Evaluating Your Insurance Coverage Needs in Fort Myers

    The level of insurance coverage you need will vary, depending on your vehicle and its replacement cost. If you have an auto loan or drive a leased vehicle, you may also be required to have full coverage. The minimum level of insurance you must have in Florida includes the following:

    • $10000 bodily injury liability per person.
    • $10000 bodily injury liability per accident.
    • $10000 property damage liability per accident.

      Florida is a no-fault insurance state. This means that if you are involved in an auto accident, your insurance policy only covers any damages that you cause to someone else. It does not cover your own damages unless you have a full coverage policy.

      Full coverage is a type of insurance policy that includes comprehensive and collision insurance. Even though full coverage is not a requirement in Florida, it may be beneficial for some drivers to pay extra for it.

      How Fort Myers Insurance Rates are Calculated

      Before shopping around for the best auto insurance rates in Fort Myers, Florida, it can be helpful to evaluate how rates are calculated. Insurance providers usually consider the following:

      Location

      Your location within Fort Myers affects your rates. According to Smart Financial, the cheapest zip codes in Fort Myers are 33901 and 33902. The most expensive zip codes in the area include 33994 and 33967. This is usually calculated based on the number of insurance claims in the area and if the area has more traffic or higher theft rates, which can also lead to higher insurance rates.

      Age

      Age is a significant factor in how much Fort Myer’s drivers pay for insurance. Younger drivers pay the highest rates because of their minimal driving experience, while drivers in their 50s and 60s enjoy the cheapest rates. Younger drivers may need to work harder to find discounts or to maintain good driving records to avoid rates that are too high.

      Driving Record

      A driver’s record is another factor that is heavily calculated in insurance rates. If you have many traffic violations or a DUI on your record, you can expect to pay higher rates. The specific increase you can expect will vary, depending on the charge, though DUIs and reckless driving charges usually have the highest increase.

      Your Car

      The car you drive will make a difference in how much you pay for insurance. Cars that are considered to be safer, like ones with safety features or anti-theft devices, will usually receive better rates. Expensive cars that cost a lot to replace, like sports cars, cost more to insure.

      Fortunately, you can shop around for prices even before you decide to buy a car. Consider how your driving record, age, vehicle, and location may affect your insurance rates. Shop around and find providers who offer discounts to offset these costs.

      Available Discounts in Fort Myers

      Even if you have a perfect driving record, discounts are a great way to reduce your monthly insurance costs. It is always a good idea to ask your insurance provider if you are eligible for any discounts. A few available discounts may include:

      • Multi-vehicle discount: A multi-vehicle discount allows you to combine multiple cars into one policy in return for discounts.
      • Multi-policy discount: If you have a boat or RV, you can combine your insurance policy with your car for a cheaper insurance rate.
      • Good student: If you are a student and have good grades, your insurance provider may offer you a discount.
      • Safe driver: Safe driver discounts usually require that you avoid accidents or traffic violations. In return for an extended period of time with no claims, you may receive a discount or money back.
      • Membership discount: If you are a member of certain groups, like AAA, they may offer you a discount on your insurance policy.
      • Paperless discount: You can receive discounts for going paperless. This means that instead of receiving notifications or insurance cards in the mail, you will receive them in your email.

        These are just a few of the insurance discounts which may or may not be available with your current insurance provider. Anytime that you consider changing insurance policies, be sure to ask about any available discounts while also requesting quotes. Some providers may also offer discounts the longer that you hold a policy with them. Be sure to factor in these savings before changing your provider.

        Fort Myers, Florida, auto insurance can be affordable if you know where to look. Compare prices among different providers in the area with quotes that are designed for you and your individual driving needs.

        Check this out if you need additional information, resources, or guidance on car insurance.

        Sources:

        Fort Myers Car Insurance | SmartFinancial.com

        Best Auto Insurance Rates in Fort Myers, Florida | QuoteWizard

        Full Coverage Insurance: Everything You Need to Know | Caranddriver.com

        Florida High-Risk Auto Insurance: Everything You Need to Know | Caranddriver.com

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