Table of contents
How much is car insurance in North Miami Beach?
| Area | Average Monthly Car Insurance Premium |
|---|---|
| North Miami Beach | $109 |
| FL | $122 |
| United States | $80 |
Car insurance coverage in North Miami Beach is about $13 cheaper than it is in the rest of Florida.
Conversely, drivers in North Miami Beach may pay higher rates than the rest of the country. The average monthly payment for the rest of the U.S. is about is about $29 cheaper than it is in North Miami Beach.
Although these are the average rates for auto insurance in North Miami Beach, it's important to remember that you could end up paying something different. There are numerous factors taken into consideration by insurance companies when deciding the rate you'll pay for coverage. Age, gender, vehicle make and model, driving record, and in some cases, your credit score, are all taken into consideration when calculating the final dollar amount you'll be asked to pay each month.
But don't worry, we've broken down average rates for North Miami Beach residents so that you can get a more accurate idea of what you might pay. To find out if you're getting the cheapest rate, just enter your ZIP below and find out in minutes!
Average Car Insurance Rates by Age
| Age Range | Average Premium |
|---|---|
| Under 18 | Not Enough Data |
| 18-24 | $120 |
| 25-34 | $108 |
| 35-44 | $123 |
| 45-54 | $88 |
| 55-64 | $120 |
| 65+ | $85 |
Generally, the older you are, the more experienced you are on the roads. That experience can lead to some serious savings when it comes to car insurance bills. According to the table above, you can see that 18-24-year-olds pay $35 more than someone who is at retirement age.
You can expect to see your monthly premium drop about once a decade or so. Having said that, once you approach retirement your rates may climb back up in North Miami Beach.
Average Car Insurance Rates by Gender
| Gender | Average |
|---|---|
| Male | $99 |
| Female | $125 |
Although female drivers pay, on average, less than male drivers for insurance coverage, North Miami Beach actually defies this trend. While female drivers pay $125 a month for car insurance coverage, males only pay about $99.
Average Auto Insurance Rates by Driving Record
| Infractions | Average Monthly Premium |
|---|---|
| 1 Accident | $142 |
| Multiple Accidents | Not Enough Data |
| 1 Ticket | $153 |
| Multiple Tickets | Not Enough Data |
Your rates can vary wildly depending on your driving record. Drivers who avoid accidents and tickets will pay much lower rates than those with infractions. In North Miami Beach, having a single accident on your record will usually get you rates around $142 a month. In addition, drivers with a single ticket on their record can expect to pay around $153 a month on average.
When it comes to your monthly premium, accidents, tickets, and other driving infractions can really take a toll. In order to keep your monthly bill down and get the cheapest car insurance possible, keep your record clean and drive safely.
Average Insurance Rates by Vehicle
| Vehicle Age | Average Monthly Premium |
|---|---|
| Less Than 1 Year | $111 |
| 2-3 Years | $99 |
| 4-5 Years | $78 |
| 6-7 Years | $95 |
| 8-10 Years | $129 |
| 11-14 Years | $87 |
| 15 Years or Older | $125 |
As you can see in the first table above, the cheapest vehicles to insure in North Miami Beach are usually SUVs, which run about $92 per month.
SUV owners, on the other hand, by and large pay around $92 per month, while truck and van drivers can expect to pay about $132 a month to insure their vehicle.
Vehicle age has an impact on the cost of your policy as well. Newer vehicles are generally going to be the most expensive to insure. However, if your car is close to 5 years old, you can expect to see your rates start dropping back down. In North Miami Beach, vehicles eight-to-ten years old are the most expensive to insure.
Average Car Insurance Rates by Relationship Status
| Relationship | Average Monthly Premium |
|---|---|
| Single (never married) | $103 |
| Married | $118 |
| Divorced | $123 |
| Widowed | $48 |
Overall, those who have settled down into marriage will pay slightly less to insure their car. This occurs because insurance companies commonly award special discounts to policyholders with multiple vehicles that are on the same policy.
According to the table above, the difference in rates based on relationship status in North Miami Beach can be as much as $15 a month, so it's worth taking into consideration.
Average Car Insurance Rates by Housing Situation
| Housing Status | Average Monthly Premium |
|---|---|
| Own | $98 |
| Rent | $112 |
| Live with parents | $111 |
One other element taken into consideration is your living situation. Renters can expect to pay around $14 a month more than drivers who own property in North Miami Beach. But if you live with your parents, your rates will be significantly higher.
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 car insurance premiums.
Car Insurance Companies in North Miami Beach, FL
Recent trends in car insurance for North Miami Beach drivers
The average rates for car insurance are constantly changing, so it's a good idea to know the recent trends in your area before shopping for coverage.
Insurance rates in North Miami Beach decreased steadily from 2016-2020. They finished up in 2021, at $140 per month
How does North Miami Beach compare to neighboring areas?
Why are car insurance rates in North Miami Beach different from other areas?
There are a variety of factors car insurance companies take into consideration when figuring out how much to charge for a monthly rate. Your insurance policy will depend largely on where you live and will be influenced by things such as:
- Area regulations
- Amount of off-street parking
- Number of drivers in the region
- Regional crime rates
- Road Safety (how many accidents each locality has)
Knowing the make-up of these factors can be helpful when deciding on purchasing a new policy or thinking about making a move. 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 North Miami Beach?
In the end, the only way to know exactly what your rate will be is by requesting a quote from car insurance companies. Understanding what the average costs are for drivers prior to seeking out a quote can help you understand how closely the quote reflects local trends.
But hold on! Compare.com does all of that work for you. Put in your ZIP Code below, answer a few questions related to the factors we outlined above, and you'll be comparing the cheapest quotes from the many car insurance companies that offer auto coverage in North Miami Beach.
North Miami Beach Insurance FAQs
What factors affect car insurance quotes in North Miami Beach?
Car insurance companies calculate quotes based on a wide array of factors. These include things you can't control like your age and gender but also factors like your vehicle's make and model, year, driving record, credit score, as well as your marital status and address.
Why is the cost of car insurance in North Miami Beach different from other neighboring cities?
Auto insurance companies consider regional factors, such as local laws, parking situations, and crime rates into account when calculating the monthly rate for coverage. Since these can all vary from city to city the rates you may see can differ from neighboring areas.
Which car insurance company will offer me the cheapest rate in North Miami Beach?
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 North Miami Beach?
Whenever you relocate or experience another major life event, such as getting married or finding a new job, you should consider re-evaluating your current insurance policy. By using services like Compare.com to compare quotes from multiple companies at once, you can be sure to capture any new savings brought about by your new situation.
Do I need to wait for my policy to expire to switch to a different car insurance company?
Not at all, in fact you can switch companies at any point, regardless of how much time is left on your current policy. If you're thinking about moving to North Miami Beach or haven't checked out the latest rates in your area for some time, it might be worth your while to take 10 minutes and see if Compare.com can save you any cash.