TAMPA, Fla. (WFLA) — Florida may be the 12th best state for driving, however that doesn’t imply it’s not costly. Nevertheless, one of many drawbacks of driving within the Sunshine State is the excessive price of automobile insurance coverage.
In accordance with a brand new examine of protection charges by ValuePenguin, Florida is the second most costly state with regards to the typical price for automobile insurance coverage within the nation. The examine checked out each liability-only protection and full-coverage for drivers throughout the US.
Of all 50 states and the District of Columbia, Florida was the second priciest, with a median price of $238 monthly for full-coverage insurance coverage. The examine additionally discovered protection charges had been a lot larger for teen drivers than for another age group.
Full protection automobile insurance coverage prices your common 16-year-old round $584 monthly in comparison with $143 monthly for the typical 35-year-old driver.
“Common annual automobile insurance coverage prices can lower considerably between the ages of 18 and 25, as insurance coverage corporations have a tendency to guage older drivers as each much less dangerous and fewer prone to file a declare,” the examine stated.
Moreover, male drivers have the best month-to-month charges based mostly on estimates from drivers age 20 years outdated. Ladies have the least pricey common month-to-month fee. Non-binary drivers fall within the center. The evaluation confirmed that whereas girls pay $126 monthly on common for protection, males pay $142, and non-binary drivers pay $129. Nevertheless, not each state has completely different charges for drivers based mostly on gender id.
California, Hawaii, Massachusetts, Michigan, Montana, North Carolina, and Pennsylvania have rules in place that guarantee drivers pay the identical charges if all different components are the identical, moderately than adjusting price for gender.
Driving below the affect also can issue into your insurance coverage charges. In Florida, in case you have a DUI, your insurance coverage may go up as a lot as 54% monthly.
Married Floridians on common will get a 4% low cost, in keeping with ValuePenguin. Whereas most states have reductions for married residents, Hawaii, Massachusetts, and Montana don’t, the examine stated.
Listed below are the highest 10 most costly states for automobile insurance coverage, according to the study.
| State | Legal responsibility solely | Full protection |
|---|---|---|
| Michigan | $196 | $399 |
| Florida | $91 | $238 |
| Rhode Island | $100 | $229 |
| Nevada | $97 | $216 |
| Louisiana | $73 | $198 |
| Massachusetts | $61 | $178 |
| Connecticut | $80 | $171 |
| Delaware | $84 | $171 |
| Kentucky | $73 | $170 |
| Colorado | $60 | $168 |
ValuePenguin additionally analyzed the prices based mostly on where Floridians live.
This chart exhibits the costliest cities for automobile insurance coverage in Tampa Bay, their common month-to-month price and the way a lot it differs from the state common.
| Metropolis | Common Month-to-month Price | Distinction from Common |
|---|---|---|
| Apollo Seashore | $268 | +13% |
| Auburndale | $230 | -4% |
| Avon Park | $204 | -14% |
| Bartow | $217 | -9% |
| Bay Pines | $254 | +6% |
| Bayonet Level | $269 | 13% |
| Bayshore Gardens | $231 | -3% |
| Belleair Seashore | $250 | +5% |
| Beverly Hills | $208 | -13% |
| Bradenton | $221 | -7% |
| Brandon | $288 | +21% |
| Brooksville | $232 | -3% |
| Carrollwood | $307 | +29% |
| Clearwater | $255 | +7% |
| Davenport | $227 | -5% |
| Dunedin | $255 | +7% |
| Egypt Lake-Leto | $329 | +38% |
| Englewood | $193 | -19% |
| Gulfport | $261 | +9% |
| Haines Metropolis | $226 | -5% |
| Key Vista | $273 | +14% |
| Lakeland | $223 | -6% |
| Longboat Key | $212 | -11% |
| New Port Richey | $265 | +11% |
| North Port | $194 | -18% |
| Oldsmar | $254 | +6% |
| Palm Harbor | $256 | +8% |
| Palmetto | $228 | -4% |
| Sarasota | $212 | -11% |
| Sebring | $201 | -16% |
| Seffner | $281 | +18% |
| Siesta Key | $209 | -12% |
| Springhill | $210 | -12% |
| St. Petersburg | $260 | +9% |
| Tampa | $306 | +28% |
| Temple Terrace | $301 | +26% |
| Wauchula | $205 | -14% |
| Weeki Wachee Gardens | $236 | -1% |
| Winter Haven | $231 | -3% |
