Miami, OK Car Insurance

Residents of Miami pay around $84 monthly for their car insurance coverage. For information on policy rates, coverage, and more check out our guide below.
What should residents of Miami expect to pay for their car insurance? How does Miami stack up to the rest of the area, or even Oklahoma as a whole? Discover the factors that go into calculating the average cost in our writeups and charts below:  

How much is car insurance in Miami?

Area Average Monthly Car Insurance Premium
Miami$84
OK$74
United States$80

Auto insurance policies in Miami are about $10 a month more expensive than the rest of Oklahoma.

Likewise, drivers in Miami may pay higher rates than the rest of the country. You can expect to pay about $4 more for your policy in Miami.

While these are the average monthly costs for auto insurance coverage in Miami, you could end up paying something different. There are a variety of factors that insurance companies consider when determining how much to charge you for insurance. The final dollar amount you'll be asked to pay each month is calculated off of factors such as your age, gender, vehicle make and model, driving record, and in some areas, your credit score.

Don't sweat it however, we've broken down average rates for Miami residents based on several different factors so that you can get a more accurate idea of your policy's monthly premium. And if you're not sure if you're getting the cheapest rate, simply enter your ZIP Code below to learn more about rates in your area!

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Average Car Insurance Rates by Age

Age Range Average Premium
Under 18Not Enough Data
18-24$149
25-34$40
35-44$56
45-54Not Enough Data
55-64$49
65+$66

The older you are, the more experienced you are on the roads. That experience can turn into some real savings when it comes to auto insurance rates. As you can see, 18-24-year-olds pay twice as much as drivers of retirement age.

You can expect to see your monthly premium drop every 10 years or so. You may see your rates rise again once you hit retirement age in Miami.

Average Car Insurance Rates by Gender

Gender Average
Male$117
Female$57

In general, women pay slightly less for car insurance than men. In Miami, the difference comes out to about $60 per month. As illustrated in the table above, male drivers in the area pay about $117 on average, while female drivers pay around $57 each month.

Average Auto Insurance Rates by Driving Record

Infractions Average Monthly Premium
1 AccidentNot Enough Data
Multiple AccidentsNot Enough Data
1 TicketNot Enough Data
Multiple TicketsNot Enough Data

Your rates can change quite drastically depending on your driving record. Drivers who avoid accidents and tickets will pay lower rates than those with infractions.

Wherever you live, accidents, tickets, and other driving infractions can cost you some serious cash. 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 YearNot Enough Data
2-3 Years$55
4-5 YearsNot Enough Data
6-7 YearsNot Enough Data
8-10 Years$97
11-14 Years$91
15 Years or Older$62

According to the first table above, the cheapest vehicles to insure in Miami are by and large SUVs, at $52 per month.

Car owners will see rates of about $86, while truck and van owners usually pay around $128 a month.

In addition to vehicle type, you can also expect to see slightly different rates based on the age of your vehicle. Newer vehicles are generally going to be the most expensive to insure. However, once your car is about 5 years old, you may start to see your monthly premium decrease. The most expensive vehicles to insure in Miami are vehicles eight-to-ten years old and eleven-to-fourteen years old.

Average Car Insurance Rates by Relationship Status

Relationship Average Monthly Premium
Single (never married)$89
Married$39
Divorced$47

Overall, people who are married will pay slightly less for auto insurance coverage. This usually boils down to owners having multiple vehicles on the same policy, something that will often get you a discount.

In Miami, the difference in rates based on relationship status can be as much as $50 a month.

Average Car Insurance Rates by Housing Situation

Housing Status Average Monthly Premium
Own$92
Rent$69
Live with parents$120

Your living situation is another factor that affects your monthly rate. If you rent your home or apartment, expect to pay around $23 less than homeowners in Miami. But if you live with your parents, you can expect to pay a lot more.

Bundling your home or rental insurance with your auto insurance can oftentimes reduce your car insurance costs, depending on your insurance company.

Car Insurance Companies in Miami, OK

Recent trends in car insurance for Miami drivers

Since average rates are constantly changing, it's a smart move to research the local trends in your area before choosing when and where to shop.

The cost of auto insurance in Miami went up from 2016-2018, before steadying out in 2019. Rates have been increasing again recently, and rose to $148 in 2021.

How does Miami compare to neighboring areas?

Why are car insurance rates in Miami different from other areas?

Car insurance companies will take into account a number of factors when they're choosing how much to charge for a policy. The specifics of your home address will have an impact on your personal policy. This might include things like:

  • Availability of off-street parking
  • Local crime rates
  • Number of drivers in the region
  • Frequency of car accidents
  • Community laws

A decent level of familiarity with these factors can be helpful when you're ready to purchase of a new policy or thinking about making a move. Each area will have different rates. Guides like these are a wonderful place to get started.

How can I find the cheapest car insurance in Miami?

In the end, the only way to know exactly what your rate will be is to request a quote from a car insurance company.

Fortunately, Compare.com will handle the heavy lifting for you. Just type in your ZIP below, respond to a few questions, and you'll be comparing the cheapest quotes from numerous car insurance companies that offer plans in Miami.

Compare the cheapest quotes from dozens of insurance companies

Miami Insurance FAQs

What factors affect car insurance quotes in Miami?

Car insurance companies calculate quotes based on a wide array of factors. These include things like your gender and age, but also factors like your vehicle's year, make and model, plus your driving record, credit score, marital status, and address.

Why is the cost of car insurance in Miami different from other neighboring cities?

Parking situations, local laws, and crime rates -- all of which can change from city to city -- play a large role in the rates that car insurance companies may charge for coverage.

Which car insurance company will offer me the cheapest rate in Miami?

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 Miami?

Whenever you move to a new area, or experience any other major life event such as getting married or finding a new job, it's always a good idea to re-evaluate your current insurance policy. Certain companies may offer larger discounts in certain cities, so it's a smart 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?

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 Miami 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.

Find your best rate in just a few minutes