Cocoa, FL Car Insurance

Cocoa drivers pay, on average, around $107 a month for their car insurance. To learn more about car insurance rates in the Cocoa area, read our guide below.
What rates can residents of Cocoa expect to pay for their car insurance? Are rates in Cocoa higher or lower than those in neighboring areas? How do they compare to the rest of Florida? See what factors contribute to determining the average cost in our detailed charts and breakdowns below:  

How much is car insurance in Cocoa?

Area Average Monthly Car Insurance Premium
Cocoa$107
FL$123
United States$81

Based on the chart above, you can see that it's about $16 a month cheaper to insure your vehicle in Cocoa than it is in the rest of Florida.

On the flip side, Cocoa residents will likely pay higher rates for their insurance policy than the rest of the country. The average monthly payment in Cocoa is about $26 more expensive than the rate for the rest of the U.S.

While these numbers represent the average monthly payments for coverage in Cocoa, that doesn't mean it's what you'll pay. Insurance companies weigh a variety of factors when determining how much to charge you to get auto insurance. Things like gender, vehicle make and model, driving record, age and, in some areas, credit score can all affect the bill you'll see each month.

But worry not, we've done the heavy lifting and broken down the average rate for Cocoa to help you understand what exactly you might be asked to pay. And if you think you might be overpaying for insurance, simply enter your ZIP Code below to learn more about rates in your area!

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Average Car Insurance Rates by Age

Age Range Average Premium
Under 18Not Enough Data
18-24$145
25-34$110
35-44$109
45-54Not Enough Data
55-64$101
65+$92

The older you are, the more experienced you are on the roads. That experience can lead to some serious savings when it comes to auto insurance bills. According to the table above, you can see that 18-24-year-olds pay significantly more than someone who is at retirement age.

For every ten years older you get, you can expect to see a drop in your monthly premium. Once you hit retirement age, however, you may see your rates climb back up in Cocoa.

Average Car Insurance Rates by Gender

Gender Average
Male$91
Female$118

Although female drivers pay, on average, less than male drivers for car insurance, Cocoa actually defies this trend. While female drivers pay $118 per month to insure their car, males only pay about $91.

Average Auto Insurance Rates by Driving Record

Infractions Average Monthly Premium
1 Accident$149
Multiple Accidents$174
1 Ticket$189
Multiple Tickets$178

Rates can change drastically depending on your driving record. A clean driving record will get you a lower rate than one with even just a single accident or infraction. In Cocoa, having a single accident on your record will usually get you rates around $149 a month. Likewise, drivers with one ticket will be looking at a rate of around $189 a month on average.

Accidents, tickets, and other driving infractions can really hurt your wallet. So, if cheap car insurance is something you're after, drive safely and keep a clean record.

Average Insurance Rates by Vehicle

Vehicle Age Average Monthly Premium
Less Than 1 Year$65
2-3 Years$86
4-5 Years$93
6-7 Years$108
8-10 Years$94
11-14 Years$112
15 Years or Older$112

According to the first table above, trucks and vans are typically the cheapest vehicles to insure in Cocoa, with drivers paying around $90 per month to insure their vehicle.

SUV drivers will see rates of about $112 for auto insurance coverage, while car owners usually pay around $110 a month.

Your rates can also vary depending on the age of your vehicle. Generally, newer vehicles are going to be the most expensive to insure. However, once your car is around 5 years old, you might start to see your rates slide back down slightly. In Cocoa, the most expensive vehicles to insure are vehicles fifteen years and older and eleven-to-fourteen years old.

Average Car Insurance Rates by Relationship Status

Relationship Average Monthly Premium
Single (never married)$109
Married$101
Divorced$107
Widowed$89

Overall, married policyholders will pay slightly less for car insurance coverage. This occurs because insurance companies commonly extend special discounts to policyholders with multiple vehicles that are on the same policy.

Married couples, on average, pay less than single drivers do to insure their vehicles. This holds true in Cocoa, with married couples paying about $8 less per month.

Average Car Insurance Rates by Housing Situation

Housing Status Average Monthly Premium
Own$93
Rent$117
Live with parents$98

Another factor that comes into play is your housing situation. If you rent your home or apartment, expect to pay around $24 a month more than drivers who own property in Cocoa. But if you live with your parents, your rates will be significantly higher.

That being said, many companies will offer you a discount if you bundle your homeowners or rental insurance policy with your auto insurance.

Car Insurance Companies in Cocoa, FL

Recent trends in car insurance for Cocoa drivers

Since average rates are constantly changing, it's a smart move to research the local trends in your area before picking an insurance policy.

The rates for auto insurance in Cocoa have been mixed as of late, they fell in 2017, rose in 2019, and decreased again in 2021, before finishing at $94 in 2022.

How does Cocoa compare to neighboring areas?

Why are car insurance rates in Cocoa different from other areas?

There are a lot of factors car insurance companies take into consideration when choosing how much to charge for a monthly rate. Many factors affecting your policy are based around your home address. These factors include things like:

  • Number of drivers in the community
  • Off-street parking accessibility
  • Road Safety (total number of local car accidents)
  • Rate of crime
  • Area regulations

It's good to be aware of these factors (even though you may not be able to do much to change them) as you shop for a new policy or consider making a move. Each area will have different rates. Guides like these are a wonderful place to get started.

How can I find the cheapest car insurance in Cocoa?

While getting familiar with what the average costs are for drivers like you can be helpful as you get an idea of what you might pay, the only way to know exactly what your rate will be is by requesting a quote from car insurance companies.

Luckily, Compare.com does all of that work for you. Put in your ZIP below, answer a few questions on you and your vehicle, and you'll be comparing the cheapest quotes from numerous car insurance companies providing policies in Cocoa.

Compare the cheapest quotes from dozens of insurance companies

Cocoa Insurance FAQs

What factors affect car insurance quotes in Cocoa?

Auto insurance companies take a wide array of factors into consideration when calculating your monthly payment. These include things like your vehicle's year, make and model, your gender and age, as well as your credit score, driving record, address, and marital status.

Why is the cost of car insurance in Cocoa different from other neighboring cities?

Car insurance companies take local factors into consideration when determining how much to charge for coverage. Things like crime rates, local laws, and parking situations -- which can vary from city to city -- can significantly affect your rate.

Which car insurance company will offer me the cheapest rate in Cocoa?

Since the factors that go into calculating your monthly payment vary from person to person, there isn't one company that will always offer the cheapest rate to everybody. You can be confident that you're receiving the best price possible by using sites like Compare.com to compare multiple quotes at once.

Do I need to change my insurance if I move to Cocoa?

Whenever you move to a new area, or experience any other major life event such as getting married or finding a new job, it's always a good idea to re-evaluate your current insurance policy. Certain companies may offer larger discounts in certain cities, so it's a smart idea to use services like Compare.com to compare quotes from dozens of companies side-by-side.

Do I need to wait for my policy to expire to switch to a different car insurance company?

No. In fact, you can swap companies at any point, regardless of how much time is left on your current coverage. So, whether you're moving to Cocoa or just curious about rates in your area, why not take 10 minutes to see if Compare.com can save you money?

Find your best rate in just a few minutes