Table of contents
How much is car insurance in Port Charlotte?
|Area||Average Monthly Car Insurance Premium|
Based on the chart above, you can see that it's about $22 a month cheaper to insure your vehicle in Port Charlotte than it is in the rest of Florida.
That being said Port Charlotte residents will likely pay higher rates for their insurance policy than the rest of the country. It's around $20 more expensive for coverage in Port Charlotte than the average rates seen in the rest of the U.S.
Bear in mind that while these are the average car insurance rates for Port Charlotte, you could end up paying something different. Insurance companies take an array of factors into consideration when determining how much to charge you for your car insurance. Age, gender, vehicle make and model, driving record, and in some cases, your credit score, are all factored into assessing the final dollar amount you'll be asked to pay each month.
We've analyzed the average rate for Port Charlotte and broken down the different factors to help you understand what your monthly bill might look like. 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|
It's pretty safe to assume that the older you are, the more experience you have as a driver. That experience can really work in your favor when it comes to auto insurance. According to the table above, you can see that 18-24-year-olds pay $62 more than drivers 65 and older.
For every 10 years, you can expect to see a decrease in your monthly premium. Port Charlotte drivers may see their rates creep back up once they hit retirement.
Average Car Insurance Rates by Gender
On average, female drivers pay slightly less for car insurance than their male counterparts. While male drivers actually pay a bit less than female drivers on their monthly auto insurance coverage, the difference in Port Charlotte is only about $3 a month.
Average Auto Insurance Rates by Driving Record
|Infractions||Average Monthly Premium|
Your rates can change quite drastically depending on your driving record. Drivers with clean records will pay lower rates than those with accidents or violations. Drivers in Port Charlotte with a single accident will pay around $131 a month. Likewise, drivers with one ticket on their record will be looking at an average rate of around $183.
When it comes to your monthly premium, accidents, tickets, and other driving infractions can really take a toll. So, if cheap car insurance is something you're after, drive safely and keep a clean record.
Average Insurance Rates by Vehicle
|Vehicle Age||Average Monthly Premium|
|Less Than 1 Year||$119|
|15 Years or Older||$103|
In Port Charlotte, the cheapest vehicles to insure are by and large trucks and vans, with drivers paying around $92 per month to insure their vehicle.
SUV drivers will see rates of about $94, while the rates for car owners average out to about $105 per month.
In addition to vehicle type, you can also expect to see slightly different rates depending on your vehicle's age. Generally, newer vehicles are going to cost the most to insure. Once your car is a few years old, however, you may see your bill start to shrink a bit. In Port Charlotte, 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)||$107|
Generally speaking, those who are currently married will pay slightly less for car insurance. This usually boils down to owners having multiple vehicles on the same policy, something that will often get you a discount.
In Port Charlotte, the difference in rates based on relationship status can be as much as $27 a month.
Average Car Insurance Rates by Housing Situation
|Housing Status||Average Monthly Premium|
|Live with parents||$135|
Another factor taken into consideration is your living accommodations. If you rent your home or apartment, expect to pay around $33 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 lot more.
Bundling your home or rental insurance with your auto insurance can oftentimes reduce your average costs, depending on your insurance company.
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.
The rates for car insurance in Port Charlotte declined from 2016-2018, before increasing from 2019-2020. They finished down in 2021 at $85.
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 price of your insurance policy will depend largely on where you live and will be influenced by things such as:
- Off-street parking accessibility
- Total number of drivers in the area
- Number of car accidents
Having an awareness of these factors is critical when thinking about buying a new policy or potentially moving to a new home. 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 Port Charlotte?
Arming yourself with information about the average costs for drivers in your area will better prepare you for the real deal. The only way to know for sure what your rate will be is by asking for a quote from car insurance companies.
Don't worry, Compare.com does all of that work for you. Just enter your ZIP Code below, answer a few questions related to the factors we outlined above, and you'll be comparing the cheapest quotes from a number 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?
Quotes are calculated by car insurance companies who take multiple factors into consideration, including things you can't control like your age and gender, but also factors like your driving record, address, credit score, and marital status.
Why is the cost of car insurance in Port Charlotte different from other neighboring cities?
Things like parking situations, local laws, and crime rates, which are dependent on your address and area you live in, can significantly affect the cost of insurance relative to other cities.
Which car insurance company will offer me the cheapest rate in Port Charlotte?
There isn't one company that will offer the cheapest rate to everybody. What companies will charge you are based on many different factors that vary from person to person, such as your driving record, what kind of car you drive, how many drivers will be on your policy, and a number of other factors. Because of this, it's a good idea to use sites like Compare.com to compare multiple quotes at once. That way, you can be confident you're getting the best price.
Do I need to change my insurance if I move to Port Charlotte?
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. In fact, you can swap companies at any point, regardless of how much time is left on your current coverage. So, whether you're moving to Port Charlotte or just curious about rates in your area, why not take 10 minutes to see if Compare.com can save you money?