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How much is car insurance in Port Charlotte?
|Area||Average Monthly Car Insurance Premium|
The cost of coverage in Port Charlotte is about $29 a month cheaper than it is for the rest of Florida.
On the other hand, residents of Port Charlotte might expect to pay higher rates for coverage than the rest of the country. It's about $13 more for coverage in Port Charlotte than in the rest of the U.S.
Although these are the average rates for auto insurance in Port Charlotte, it's important to remember that you could end up paying something different. There are a variety of factors that car insurance companies assess when determining how much to charge you to get your vehicle insured. The final dollar amount you'll be asked to pay each month is calculated off of your age, gender, vehicle make and model, driving record, and even your credit score depending on the circumstances.
We've analyzed the average rate for Port Charlotte and broken down the different factors to help you understand what your policy's monthly premium will be. And if you're not certain that you're paying the lowest option, 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. That experience can lead to some serious savings when it comes to car insurance bills. In this case, 18-24-year-olds pay $63 more than someone who is at retirement age.
Every ten years or so you can expect to see a decline in your monthly premium. Having said that, once you approach retirement age your rates may climb back up in Port Charlotte.
Average Car Insurance Rates by Gender
In general, women pay slightly less for car insurance than men. This is true in Port Charlotte, where male drivers pay about $5 more per month. Based on the chart above, you can see that male drivers pay $97 on average, while female drivers typically pay $92 each month.
Average Auto Insurance Rates by Driving Record
|Infractions||Average Monthly Premium|
Depending on your driving record, your rates can vary quite a lot. Those with fewer accidents and tickets will pay much less than those with multiple infractions. Drivers in Port Charlotte with a single accident on their record will usually see rates around $117 a month. Likewise, drivers with one ticket will be looking at a rate of around $108 a month on average.
Average Insurance Rates by Vehicle
|Vehicle Age||Average Monthly Premium|
|Less Than 1 Year||$102|
|15 Years or Older||$94|
The cheapest vehicles to insure in Port Charlotte are typically SUVs, with each type typically costing about $90 per month.
Truck and van drivers will see rates of about $93, while the rates for car owners average out to about $97 a month.
Your vehicle's age has an impact on the cost of your policy as well. Newer vehicles are generally going to be the most expensive to insure. Once your car is a few years old however, your rates may start to dip back down a bit. In Port Charlotte, the most expensive vehicles to insure are vehicles less than or equal to one-year-old and eleven-to-fourteen years old.
Average Car Insurance Rates by Relationship Status
|Relationship||Average Monthly Premium|
|Single (never married)||$96|
On average, those who are currently married will pay slightly less for auto insurance. This can usually be attributed to their policies having multiple vehicles, a factor that will often get you a discount.
Despite single drivers normally paying less for auto insurance than married drivers, both groups pay about the same for monthly coverage in Port Charlotte.
Average Car Insurance Rates by Housing Situation
|Housing Status||Average Monthly Premium|
|Live with parents||$136|
One other element taken into consideration is your living situation. Renters can expect to pay around $22 a month more than those who own their own home in Port Charlotte. Those who live with their parents, however, can expect to pay a good deal more than their counterparts who rent or own.
That said, if you bundle your homeowners or rental insurance policy with your auto insurance, many companies will offer you a discount to make up for it and reduce your overall costs.
Car Insurance Companies in Port Charlotte, FL
Recent trends in car insurance for Port Charlotte drivers
Car insurance rates are frequently changing, so it's in your best interest to understand which way your area is trending before picking an insurance policy.
Rates in Port Charlotte have been mixed recently. They dropped in 2017, rose in 2019, and fell again in 2021, before finishing at $50 in 2022.
How does Port Charlotte compare to neighboring areas?
Why are car insurance rates in Port Charlotte different from other areas?
When considering how much to charge for a monthly rate, car insurance companies will consider a lot of factors. The specifics of where you call home will have an impact on your personal policy. This might include things like:
- Road Safety (total number of local car accidents)
- Crime rates
- Off-street parking access
- Number of drivers in the area
Having an awareness of these factors is critical when thinking about buying a new policy or potentially moving to a new home. Get started with a guide like this to get familiar with the average rates of your area.
How can I find the cheapest car insurance in Port Charlotte?
While knowing 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.
Fortunately, Compare.com does all of that work for you. Just enter your ZIP below, answer a few questions on you and your vehicle, and you'll be comparing the cheapest quotes from a bulk of the car insurance companies that offer auto coverage in Port Charlotte.
Port Charlotte Insurance FAQs
What factors affect car insurance quotes in Port Charlotte?
Car insurance companies calculate quotes based on a wide array of factors. These include things you can't control like your gender and age 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 Port Charlotte different from other neighboring cities?
Auto insurance companies consider regional factors, such as parking situations, local laws, 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 Port Charlotte?
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 Port Charlotte?
Whenever you relocate or experience another major life event, such as finding a new job or getting married, you should consider revisiting your current insurance policy. Using services like Compare.com to compare quotes from multiple companies at once is a great way to make sure you're getting the cheapest rate for your new location.
Do I need to wait for my policy to expire to switch to a different car insurance company?
No. You can switch companies at any time, regardless of how long is left on your current policy. So, if you've recently moved to Port Charlotte or it's been a while since you last compared car insurance rates, you may want to take 10 minutes and see if Compare.com can save you money.