Table of contents
How much is car insurance in Coral Springs?
|Area||Average Monthly Car Insurance Premium|
Looking at the chart above, you can see that it is around $22 a month more expensive to insure your vehicle in Coral Springs than it is in the rest of Florida.
Compared to the national average cost of auto coverage, Coral Springs has higher rates. The cost of auto coverage in Coral Springs is about $64 more expensive than the national average.
While these are the average car insurance rates for Coral Springs, keep in mind that you could end up paying a different amount. Insurance companies weigh a variety of factors when determining how much to charge you to get auto insurance. The bill you'll see each month is calculated based on things like age, gender, vehicle make and model, driving record, and in some cases, credit score.
Don't sweat it however, we've broken down average rates for Coral Springs residents based on several different factors so that you can get a more accurate idea of the bill you'll see each month. And if you're not sure if you're getting the cheapest rate, simply enter your ZIP Code below and find out in just minutes!
Average Car Insurance Rates by Age
|Age Range||Average Premium|
|Under 18||Not Enough Data|
|45-54||Not Enough Data|
It makes sense that older drivers would have more experience behind the wheel. It also makes sense that the more experienced of a driver you are, the safer you are. According to the table above, you can see that 18-24-year-olds pay $35 more than drivers 65 and older.
For every 10 years, you can expect to see a decrease in your monthly premium. Once you hit retirement age, however, your rates may creep back up in Coral Springs.
Average Car Insurance Rates by Gender
Although female drivers pay, on average, less than male drivers for auto insurance, Coral Springs actually defies this trend. While female drivers pay $152 per month to insure their car, males only pay about $138.
Average Auto Insurance Rates by Driving Record
|Infractions||Average Monthly Premium|
Depending on your driving record, your rates can vary quite a lot. Drivers with clean records can expect to pay a lot less than those with accidents or violations. In Coral Springs, drivers with one accident on their record will experience rates around $188 a month. Likewise, if you have one ticket, you'll be looking at an average rate of around $61.
Accidents, tickets, and other driving infractions can really add up when it comes to how much you pay. In order to reduce your monthly bill and get the cheapest car insurance possible, keep your record clean and drive carefully.
Average Insurance Rates by Vehicle
|Vehicle Age||Average Monthly Premium|
|Less Than 1 Year||$222|
|15 Years or Older||$126|
In Coral Springs, the cheapest vehicles to insure are by and large trucks and vans, with drivers paying around $106 per month for auto insurance.
SUV drivers will see rates of about $113, while the rates for car owners average out to about $157 a month.
Vehicle age can also affect your monthly bill. Generally, newer vehicles are going to be the most expensive to insure. However, once your car is around 5 years old, you may start to see your monthly premium drop back down. In Coral Springs, the most expensive vehicles to insure are vehicles less than one year old.
Average Car Insurance Rates by Relationship Status
|Relationship||Average Monthly Premium|
|Single (never married)||$143|
Generally speaking, people who are married will pay slightly less for car insurance coverage. This can usually be attributed to their policies having multiple vehicles, a factor some companies will reward with discounts.
In Coral Springs, the difference in rates based on relationship status can be as much as $16 a month.
Average Car Insurance Rates by Housing Situation
|Housing Status||Average Monthly Premium|
|Live with parents||$209|
Another factor taken into consideration is your housing situation. Drivers who own property in Coral Springs can expect to pay around $8 a month less than those who rent. But those who live at home with their parents can expect to pay significantly more.
Bundling your home or rental insurance and auto insurance policies can oftentimes reduce your average premiums, depending on your insurance company.
Car Insurance Companies in Coral Springs, FL
Recent trends in car insurance for Coral Springs drivers
Average rates are constantly changing, so it's a good idea to know the direction your area is trending when choosing when and where to shop.
The cost of auto insurance in Coral Springs have been mixed as of late, it rose in 2016, dropped in 2018, and increased again in 2020, before finishing at $163 in 2021.
How does Coral Springs compare to neighboring areas?
Why are car insurance rates in Coral Springs different from other areas?
When considering how much to charge for coverage, car insurance companies will review a variety of factors. While we've discussed the ones that affect your personal policy, others are based around where you park your car. These include things like:
- Rate of crime
- Road Safety (total number of local car accidents)
- Total number of drivers in the area
- Community regulations
- Amount of off-street parking
Having an awareness of these factors is critical when thinking about buying a new policy or potentially moving to a new home. Different cities and towns will each have different rates, so guides like these are a handy way to get started.
How can I find the cheapest car insurance in Coral Springs?
In the end, the only way to know exactly what your rate will be is to request a quote from a car insurance company.
Don't worry, Compare.com does all of that work for you. Put in your ZIP below, answer a few questions about you and your car, and you'll be comparing the cheapest quotes from many of the car insurance companies offering plans in Coral Springs.
Coral Springs Insurance FAQs
What factors affect car insurance quotes in Coral Springs?
Quotes are calculated by car insurance companies who take multiple factors into consideration, including things you can't control like your gender and age, but also factors like your driving record, address, credit score, and marital status.
Why is the cost of car insurance in Coral Springs different from other neighboring cities?
Things like local laws, parking situations, and crime rates, which are dependent on your address and area you live in, can significantly affect the cost of insurance relative to other cities.
Which car insurance company will offer me the cheapest rate in Coral Springs?
There isn't one company that will offer the cheapest rate to everybody. What companies will charge you are based on many different factors that vary from person to person, such as your driving record, what kind of car you drive, how many drivers will be on your policy, and a number of other factors. Because of this, it's a good idea to use sites like Compare.com to compare multiple quotes at once. That way, you can be confident you're getting the best price.
Do I need to change my insurance if I move to Coral Springs?
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. Regardless of how much time is left on your current policy, you can switch companies at any time. So, whether you're considering moving to Coral Springs or just curious if you're getting the best rates, why not take 10 minutes and see if Compare.com can save you some extra cash?