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How much is car insurance in Orlando?
|Area||Average Monthly Car Insurance Premium|
You can see in the chart above that it's around $4 a month more expensive to insure your vehicle in Orlando than it is in the rest of Florida.
Likewise, drivers in Orlando may pay higher rates than the rest of the country. It's about $47 more expensive for coverage in Orlando than the average rates for the U.S. as a whole.
These rates provide a great starting point for understanding what to expect for your monthly payment, but there's no guarantee that this is what you will end up paying. Insurance companies take an array of factors into consideration when determining how much to charge you for your car insurance. Variables like age, gender, vehicle make and model, driving record, and even credit score (depending on your area) can all be taken into consideration when determining your monthly premium.
We've analyzed the average rate for Orlando and broken down the different factors to help you understand what your monthly bill might look like. To find out if you're overpaying for your area, just enter your ZIP Code below and find out in minutes!
Average Car Insurance Rates by Age
|Age Range||Average Premium|
|45-54||Not Enough Data|
Generally, the older you are, the more experienced you are on the roads. When it comes to car insurance bills, that experience pays off. In this case, 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. Having said that, once you approach retirement age your rates may begin to increase again in Orlando.
Average Car Insurance Rates by Gender
Despite the national trend of women paying less than men for car insurance coverage, in Orlando men actually pay $120 per month for coverage while women pay $136.
Average Auto Insurance Rates by Driving Record
|Infractions||Average Monthly Premium|
Depending on your driving record, your rates can vary wildly. Drivers who avoid accidents and tickets will pay significantly lower rates than those with infractions. Drivers in Orlando with a single accident on their record will usually see rates around $162 a month. Similarly, if you have one ticket on your record, you will be looking at an average rate of around $187.
Average Insurance Rates by Vehicle
|Vehicle Age||Average Monthly Premium|
|Less Than 1 Year||$132|
|15 Years or Older||$130|
In terms of affordable coverage, the cheapest vehicles to insure in Orlando are typically trucks and vans, at $118 per month.
Car owners can expect to pay an average of around $129 a month for their policy, while SUVs usually cost around $124 a month to insure.
You may also see different rates based on your vehicle's age. Overall, newer vehicles are going to be the most expensive to insure. However, once your car is a few years old you may start to see your rates drop back down a bit. In Orlando, vehicles less than one year old are the most expensive to insure.
Average Car Insurance Rates by Relationship Status
|Relationship||Average Monthly Premium|
|Single (never married)||$132|
Overall, those who have settled down into marriage will pay slightly less for auto insurance. This oftentimes is a result of owning multiple vehicles that are on the same policy, something that will often get you a discount.
The difference in rates based on relationship status in Orlando can be as much as $16 a month, so it's worth keeping that in mind.
Average Car Insurance Rates by Housing Situation
|Housing Status||Average Monthly Premium|
|Live with parents||$160|
Another factor taken into consideration is your housing situation. If you rent your home or apartment, expect to pay around $27 a month more than if you own your own home in Orlando. Those who live with their parents, however, can expect to pay a lot more.
Bundling your home or rental insurance with your auto insurance can oftentimes reduce your overall costs, depending on your insurance company.
Car Insurance Companies in Orlando, FL
Recent trends in car insurance for Orlando drivers
Given that average rates are often changing, it's a smart move to know the direction your area is trending before picking an insurance policy.
In Orlando, car insurance rates have been mixed over the past few years. They rose in 2016, fell in 2018, and increased again in 2020, before finishing at $129 in 2021.
How does Orlando compare to neighboring areas?
Why are car insurance rates in Orlando different from other areas?
Car insurance companies look at a lot of factors when they're figuring out how much to charge for a policy. Many factors affecting your policy are based around where you live. These factors include things like:
- Road Safety (frequency of car accidents)
- Rate of crime
- Amount of drivers
- Availability of off-street parking
- Area regulations
It's good to be aware of these factors (even though you may not be able to do much to influence them) as you shop for a new policy or consider relocating. Realizing that different towns and cities will all have different rates, guides like these can be a good way to get a lay of the land of your corner of the world.
How can I find the cheapest car insurance in Orlando?
In the end, the only way to know exactly what your rate will be is to request a quote from a car insurance company.
Luckily, Compare.com can handle all of this for you. Just punch in your ZIP below, answer a few questions regarding the factors mentioned above, and you'll be quickly comparing the cheapest quotes from many of the car insurance companies offering plans in Orlando.
Orlando Insurance FAQs
What factors affect car insurance quotes in Orlando?
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 credit score, address, marital status and driving record.
Why is the cost of car insurance in Orlando different from other neighboring cities?
Auto insurance companies consider regional factors, such as crime rates, parking situations, and local laws 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 Orlando?
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 however, by using sites like Compare.com to compare multiple quotes at once.
Do I need to change my insurance if I move to Orlando?
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 Orlando 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?