Table of contents
How much is car insurance in Daytona Beach?
|Area||Average Monthly Car Insurance Premium|
Based on the chart above, you can see that coverage in Daytona Beach typically costs about $31 a month less than it does in the rest of Florida.
On the other hand, Daytona Beach residents will likely pay higher rates for their insurance policy than the rest of the country. It's about $11 more expensive for coverage in Daytona Beach than the average rates for the U.S. as a whole.
While these are the average costs to insure your vehicle in Daytona Beach, keep in mind that you could end up paying a different amount. Insurance companies take in a variety of factors when determining how much to charge you for coverage. Things like age, gender, vehicle make and model, driving record and, in some areas, credit score can all get factored into calculating the amount you'll be asked to pay each month.
Don't sweat it however, we've broken down average rates for Daytona Beach residents so that you can get a more accurate idea of what you might pay. If you think you might be overpaying for insurance in your area, enter your ZIP below and find out!
Average Car Insurance Rates by Age
|Age Range||Average Premium|
The more time you've spent on the road, the more experience you have. That experience can snag you some serious savings when it comes to auto insurance. According to the table above, you can see that 18-24-year-olds pay $43 more than drivers 65 and older.
Every ten years or so you can expect to see a decline in your monthly premium. Daytona Beach drivers may see their rates rise again once they hit retirement.
Average Car Insurance Rates by Gender
On average, female drivers pay slightly less for car insurance than their male counterparts. In Daytona Beach, although men do pay a bit less on their monthly insurance rates, the price is about the same for either group.
Average Auto Insurance Rates by Driving Record
|Infractions||Average Monthly Premium|
One of the biggest factors in determining your car insurance rates is your driving record. Those with clean records will see the most affordable rates, whereas even a single accident or infraction can cost you. Drivers in Daytona Beach with a single accident on their record will usually see rates around $107 a month. On a similar note, drivers with one ticket on their record will be looking at a monthly rate of about $92 on average.
Average Insurance Rates by Vehicle
|Vehicle Age||Average Monthly Premium|
|Less Than 1 Year||$87|
|15 Years or Older||$87|
According to the first table above, trucks and vans are typically the cheapest vehicles to insure in Daytona Beach, with drivers paying around $89 per month for insurance coverage.
SUV drivers will see rates of about $95, while the rates for car owners average out to about $90 a month.
In addition to vehicle type, you can also expect to see slightly different rates based on how old your vehicle is. Generally, the most expensive vehicles to insure are going to be newer ones. Once your car is close to 5 years old, however, you may see your bill start to shrink a bit. In Daytona Beach, vehicles two-to -three years old are the most expensive to insure.
Average Car Insurance Rates by Relationship Status
|Relationship||Average Monthly Premium|
|Single (never married)||$92|
Generally, people who are married will pay slightly less for insurance coverage. This usually boils down to owners having multiple vehicles on the same policy, something some companies will reward with discounts.
At a national level, married drivers usually pay less than single drivers for auto insurance. This holds true for Daytona Beach as well, where the difference is around $10 a month.
Average Car Insurance Rates by Housing Situation
|Housing Status||Average Monthly Premium|
|Live with parents||$108|
One other element taken into consideration is your housing situation. If you rent your home or apartment, expect to pay around $12 a month more than if you own your own home in Daytona Beach. But if you live with your parents, you can expect to pay a lot more.
Many companies, however, will offer you a discount to bundle your home or rental insurance with your auto insurance policy, which can help reduce your average premiums.
Car Insurance Companies in Daytona Beach, FL
Recent trends in car insurance for Daytona Beach drivers
Since car insurance rates are constantly changing, it's a good idea to know the local trends in your area before deciding on where to shop.
In Daytona Beach, auto insurance rates rose from 2016-2017, before decreasing from 2018-2019. They finished down in 2021, at $80 per month.
How does Daytona Beach compare to neighboring areas?
Why are car insurance rates in Daytona Beach different from other areas?
When considering how much to charge for an insurance policy, car insurance companies will evaluate several factors. The price of your insurance policy will depend largely on where you call home and will be influenced by things such as:
- Crime levels
- Road safety
- Total number of drivers in the community
- Off-street parking availability
- Area laws
While you won't have the ability to change these factors yourself, they can be handy to keep in mind when seeking a new policy or considering a move. Different towns and cities will all have different average rates, so guides like these are a great place to get started.
How can I find the cheapest car insurance in Daytona Beach?
In the end, the only way to know exactly what your rate will be is to request a quote from a car insurance company.
But wait! Compare.com does all of that work for you. Just enter your ZIP Code below, answer a few questions on you and your vehicle, and you'll be comparing the cheapest quotes from many of the car insurance companies that offer coverage in Daytona Beach.
Daytona Beach Insurance FAQs
What factors affect car insurance quotes in Daytona Beach?
The factors that car insurance companies take into account when calculating your monthly cost include things you can't control like your age and gender, but also factors like your address, credit score, driving record and marital status, as well as your vehicle's year and make and model.
Why is the cost of car insurance in Daytona Beach 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, parking situations, and local laws -- which can vary from city to city -- can significantly affect your rate.
Which car insurance company will offer me the cheapest rate in Daytona Beach?
There isn't one company that can guarantee the cheapest rate to everybody, since the rates they charge for coverage are calculated based off of factors that can vary from person to person, such as vehicle make and model, driving record, and number of drivers on the policy. By using sites like Compare.com to compare multiple quotes simultaneously, you can rest assured that you're getting the best price available.
Do I need to change my insurance if I move to Daytona Beach?
Any major life event, whether it be moving to a new area, finding a new job, getting married, or any other notable event always presents a good opportunity to re-evaluate your current insurance policy. Regardless of your previous rate, there may be cheaper options in your new location, so it's a good 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 Daytona Beach 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?