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How much is car insurance in Palm Harbor?
|Area||Average Monthly Car Insurance Premium|
Auto insurance policies in Palm Harbor are about $23 a month more expensive than the rest of Florida.
If you're considering relocating to Palm Harbor from out of state, you may want to budget a little extra for your insurance. It's around $65 more expensive for coverage in Palm Harbor than the average rates seen in the rest of the U.S.
Although these are the average car insurance rates in Palm Harbor, you could end up paying something different. The amount that insurance companies end up charging you is determined by a number of factors. Things like age, gender, vehicle make and model, driving record and, in some areas, credit score can all play a part in the bill you'll see each month.
We've analyzed the average rate for Palm Harbor and broken down the different factors to help you understand what your monthly bill might look like. And if you think you might be overpaying for insurance, simply enter your ZIP Code below to learn more about rates in your area!
Average Car Insurance Rates by Age
|Age Range||Average Premium|
|45-54||Not Enough Data|
The more time you've spent on the road, the more experience you have. It also makes sense that the more experienced of a driver you are, the safer you are. In this case, 18-24-year-olds pay two times the price that drivers 65 and older.
For every 10 years, you can expect to see a decrease in your monthly premium. That said, once you hit retirement age, your rates may start to rise again in Palm Harbor.
Average Car Insurance Rates by Gender
In general, car insurance rates for women are usually cheaper than they are for men. In Palm Harbor, male drivers pay about $20 more per month. Based on the chart above, you can see that female drivers pay around $132 on average, while male drivers typically pay $152 each month.
Average Auto Insurance Rates by Driving Record
|Infractions||Average Monthly Premium|
One of the key factors in determining your car insurance rates is your driving record. A clean driving record will get you a lower rate than one with even just a single accident or infraction. In Palm Harbor, having a single accident on your record will usually get you rates around $182 a month. Similarly, drivers with one ticket will typically pay around $147 on average.
Regardless of where you live, accidents, tickets, and other driving infractions can drive your monthly bill way up. So, if you want the cheapest rates, drive carefully and try to maintain a clean driving record.
Average Insurance Rates by Vehicle
|Vehicle Age||Average Monthly Premium|
|Less Than 1 Year||$187|
|15 Years or Older||$136|
According to the first table above, trucks and vans are typically the cheapest vehicles to insure in Palm Harbor, with drivers paying around $123 per month to insure their vehicle.
Car owners will see a monthly premium of about $151, while SUV owners usually pay around $131 a month.
You can also expect to see slightly different rates depending on your vehicle's age. Generally, newer vehicles are going to be the most expensive to insure. Once your car is close to 5 years old however, your rates may start to dip back down a bit. In Palm Harbor, 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, car insurance is slightly cheaper for married policyholders. 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 Palm Harbor can be as much as $37 a month, so it's worth taking into consideration.
Average Car Insurance Rates by Housing Situation
|Housing Status||Average Monthly Premium|
|Live with parents||$167|
Another factor that comes into play is your housing status. If you rent your home or apartment, expect to pay around $34 a month more than drivers who own property in Palm Harbor. But those who live at home with their parents can expect to pay significantly more.
If you bundle your home or rental insurance and auto insurance policies, you can oftentimes reduce your average premiums, depending on your insurance company.
Car Insurance Companies in Palm Harbor, FL
Recent trends in car insurance for Palm Harbor drivers
The average rates for car insurance are constantly changing, so it's a good idea to know the recent trends in your area when choosing your car insurance policy.
The rates for car insurance in Palm Harbor increased from 2016-2017, before turning downward from 2018-2020. They finished up in 2021 at $145 per month.
How does Palm Harbor compare to neighboring areas?
Why are car insurance rates in Palm Harbor different from other areas?
When considering how much to charge for coverage, car insurance companies will review a number of factors. A few of these factors affecting your personal policy have already been mentioned, but others are based around where you live. These include things like:
- Area laws
- Road Safety (how many accidents each locality has)
- Off-street parking accessibility
- Number of drivers
Having an awareness of these factors is critical when thinking about buying a new policy or potentially moving to a new home. With the knowledge 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 particular neighborhood.
How can I find the cheapest car insurance in Palm Harbor?
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.
But wait! Compare.com has you covered. Just put in your ZIP below, answer a few questions, and you'll be comparing the cheapest quotes from several of the car insurance companies offering plans in Palm Harbor in no time.
Palm Harbor Insurance FAQs
What factors affect car insurance quotes in Palm Harbor?
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, driving record, marital status, and address.
Why is the cost of car insurance in Palm Harbor different from other neighboring cities?
Your address and the city you live in have a significant impact on how much a car insurance company might charge for your policy. Companies take into consideration things like parking situations, local laws, and crime rates when calculating your quote -- all of which can change from city to city.
Which car insurance company will offer me the cheapest rate in Palm Harbor?
No one insurance company is guaranteed to offer the cheapest rate across the board. Since companies base their rates on factors that differ from person to person, such as driving record, number of drivers on the policy, vehicle make and model, and many more, it's a good idea to use sites like Compare.com to compare multiple quotes at once.
Do I need to change my insurance if I move to Palm Harbor?
Any time you experience a major life event, whether it's moving to a new area, getting married, finding a new job, or other notable events, it's always a good idea to re-evaluate your current insurance. Certain companies offer cheaper insurance in certain cities, so even if you were getting the cheapest rate at your old address, it doesn't mean it'll still be the cheapest at your new home. That's why it's always good 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 Palm Harbor 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?