Jacksonville Car Insurance

Everything You Need to Know About Car Insurance in Jacksonville, FL

As the most populated city in the state, Jacksonville, FL can experience heavy traffic, particularly on interstates 10, 95 and 295. This traffic consists of locals driving to and from work; travelers passing through town on their way to one of Florida’s many beaches; or visitors to the city, unfamiliar with the roads. Bear in mind that the more there are cars on the road, the greater your chances of being involved in a collision. That is why it is to your benefit to be protected by a Jacksonville car insurance policy that meets or exceeds the state-mandated coverage limits.

Car insurance is required of vehicle owners in Jacksonville, but overpaying for it is not. An independent insurance agent in the Trusted Choice® network can help you review a selection of competitively priced policies that have been customized to fit your coverage and budgetary needs. Find an agent near you to learn more so you can soon start comparing Jacksonville car insurance quotes from a variety of reputable insurers.

  • National average cost per year: $1,311
  • Florida average cost per year: $1,742
  • 5th most expensive auto premium in U.S.

Unfortunately for those looking to buy a Jacksonville car insurance policy, Florida drivers pay some of the highest car insurance rates in the country. This is due in large part to the high number of collisions in this state. Of course, your actual rates are likely to differ from the numbers shown above because insurance companies calculate rates based on a several different factors. These may include such things as the following:

  • Your ZIP code
  • The location where you park your car (garage, street, driveway, carport, etc.)
  • The make, model and year of the car(s) you are insuring
  • The age, sex, marital status and driving records of all drivers in your household
  • The approximate number of miles you drive each month
  • Your claims history and credit score
  • The amount of coverage you wish to purchase
  • The size of your deductible
  • Your bundling selection, i.e., whether you will be bundling your coverage with other policies, such as home or renters insurance

Because so many different considerations go into calculating your Jacksonville auto insurance rates, you are likely to get a different quote from each insurer you contact. That is how comparison shopping can help you find the best price for your policy.

Florida Car Insurance Requirements

  • Bodily injury liability: required
  • Property damage liability: required
  • Personal injury protection (PIP): required
  • Uninsured motorist coverage: not required
  • Minimum liability limits: 10/20/10: Coverage up to $20,000 for all persons injured in an accident, subject to a limit of $10,000 for one individual, and $10,000 coverage for property damage

Be aware that Florida drivers who have been convicted of a DUI are assessed much higher liability minimum requirements of 100/300/50. Failure to carry insurance that meets Florida’s state-mandated requirements can result in the suspension of your plates, registration and driver’s license until you have provided proof of insurance and paid a fine that can range from $150 and $500.

Florida has some of the lowest minimum coverage requirements in the country, and this can help to keep your costs low. However, if you carry only the minimum coverage and are responsible for a serious collision resulting in significant injuries, you are very likely to exceed these low coverage amounts. In that case, you are responsible for making up the difference out-of-pocket. For that reason, it may be a very good idea to purchase coverage that exceeds these minimums, particularly if you have assets you wish to protect.

Number of Uninsured Motorists in Florida

  • Number of uninsured U.S. drivers: 12.6%
  • Number of uninsured Florida drivers: 23.8%

Regrettably, the state of Florida has the second highest rate of uninsured drivers in the county. When nearly one in four motorists sharing the road with you is uninsured, you have an increased risk of financial losses. This is because if one of these drivers is responsible for a collision with your vehicle, that driver is required to cover your resultant property damage and any necessary medical treatment for injuries. Unfortunately, these funds can often be difficult, if not impossible, to collect. Even with a court order, if someone simply does not have the assets to go after, you may never see any compensation at all.

That is why adding the option of uninsured motorist coverage to your Jacksonville auto insurance policy is a good idea. When you have this coverage, you are able to easily collect compensation following an accident with an uninsured driver. This is because your insurance company covers your costs up front and then goes after the offending driver on its own. This insurance also covers damage from collisions with hit-and-run drivers.

Number of Auto Thefts in Florida

  • National number of thefts per 1,000 vehicles: 2.94
  • Florida number of thefts per 1,000 vehicles: 2.48

The rate of car theft in Florida is lower than the national average; it is even lower in Jacksonville. In 2013, there were 1,577 car thefts reported in this city. That may seem like a lot, but in this populous city, that equates to only about 1.87 thefts per every 1,000 cars.

You can protect yourself against losses related to property crimes by supplementing your Jacksonville car insurance policy with the optional comprehensive, or “other than collision,” insurance. This insurance compensates you if your car is stolen or if it is damaged by other noncollision catastrophes, such as by falling objects, floods, vandalism or noncollision-related fires.

Find a Great Jacksonville Car Insurance Policy

When you are shopping for Jacksonville car insurance, you will want to be sure that you are purchasing your policy from a trustworthy provider and that you are getting your coverage at a reasonable rate. Comparison shopping can help you find the most affordable policy, but many find it to be time-consuming and frustrating when they go about it on their own, so they avoid doing it.

That is why it is beneficial to enlist the help of one of the many independent insurance agents in the Trusted Choice network. These agents make reviewing and comparing car insurance rates easy. They have relationships with a number of reputable insurance companies, so they can quickly present you with a variety of Jacksonville auto insurance quotes for policies that have been customized to meet your specific coverage needs. Find a Trusted Choice agent with an office in the Jacksonville metropolitan area to get started.

 

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