How much does high risk auto insurance cost in Florida?
Insurance in Florida can get expensive especially if you are considered high risk. Here are Staybull Insurance we specialize in insuring individuals that have a bad driving record. We also specialize in insuring individuals that have two PIP claims in the past three years. Insurance rates are determined by many factors including your age, sex, marital status, driving record, credit and claims history. It is important to remember that every insurance company is diffrent. Insurance companies have diffrent rating factors and underwriting guidelines. So even know one company might have the lowest rate for your neighbor, another company might be much better for you. Insurance rates also vary greatly depending on the violations on your driving record. Some companies do not charge as much if you have a ticket, while others might double your rate. It is for this reason that it is so important for you to shop around if you have tickets, violations, claims or accidents on your driving record. Some companies are just not good for high risk drivers, while other companies cater to the high risk market. When you are done shopping for your policy and you are sure that you have found the best rate, you can then modify your policy to try and find something that fits your budget. If you believe you are high risk are having a hard time finding insurance please feel free to give us a call or request a quote below.
What can you do to lower the cost of your insurance in Florida?
Deductibles – You can increase your comprehensive and collision deductibles. This will result in a higher out of pocket expense if you are in an accident but it can lower your rate substantially. You can also add a personal injury protection deductible. This means that if you are injured in an accident you would have a deductible before your auto insurance policy would start paying for medical expenses. In some areas this can lower your rate substantially and in others it might only lower it slightly.
Reject comprehensive and collision coverage – You can opt to reject comprehensive and collision coverage if your vehicle is not financed. This means if you get into an accident and you are at-fault, your insurance will not pay to fix the damage to your vehicle. If you are not at-fault, the at-fault drivers insurance policy would pay to fix your vehicle. It is important to remember that this coverage is required if your vehicle is financed.
Reduce your bodily injury coverage – Bodily injury coverage pays out in the event you injure another driver in an accident. You do have the option to reduce or reject this coverage. Reducing or rejecting this coverage can lower your insurance rate drastically.
Reject uninsured motorist coverage – Uninsured motorist coverage pays out in the event you are injured by an uninsured or underinsured motorist. You have the option to reduce and reject this coverage. Rejecting uninsured motorist coverage can lower your insurance rate substantially.
Discounts – Make sure that you ask your agent to be sure that you are receiving all available discounts. Some of these discounts include having airbags in your vehicle, automatic payments, going paperless, owning a home, and paying for your policy in full. Most of the time these discounts are percentage based so if you are high risk and your insurance is expensive it can lower your rate dramatically.
Your driving record and claims history – It is important to review your driving record and claims history with your insurance agent. Often times violations, claims, and accidents are reported incorrectly and you might be charged for something that is not your fault. We dispute these accidents and claims on a daily basis so it is not uncommon.
Why choose Staybull for your high risk auto insurance?
We specialize in high risk auto insurance and have contracts with many major high risk auto insurance companies like Progressive, Dairyland, Infinity, Gainsco, and Foremost. Our agency uses one of the most advanced systems on the market to service our customers. We service the entire state of Florida and you can request a quote, chat with us, and purchase your new insurance policy from any computer or smartphone. We also quote your policy every six months to make sure that we are providing you with the best rate possible.