Oakland Park Car Insurance

Everything You Need to Know About Car Insurance in Oakland Park, FL

The City of Oakland Park, FL is located just outside of Fort Lauderdale. Some of the roads in this city see a large amount of traffic — particularly Interstate 95, 31st Street and North Dixie Highway. Any time you are sharing the roads with many other drivers, your risk of being involved in a motor vehicle accident increases. Fortunately, you can shield yourself from large financial losses in the wake of an accident by carrying an Oakland Park auto insurance policy that meets or exceeds the state-mandated minimums.

You can save money on your car insurance by looking at policies and rates from a few competing companies before making a purchase. Comparison shopping is easy when you work with an independent agent in the Trusted Choice® network. A local agent can work with many different reputable insurance providers to gather for you a selection of competitively priced Oakland Park car insurance quotes. You can then review and compare them together so that you can choose the most affordable coverage. Find an agent near you to get started.

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

If you are shopping for an affordable Oakland Park auto insurance policy, you may be disheartened to learn that the average car insurance rate in the state of Florida is significantly higher than the national average. Your actual costs may be higher or lower than the state average because they are calculated according to several different factors, such as the make, model and year of your car; your age, sex and marital status; and the amount of your deductible. Some drivers may even qualify for policy discounts by bundling coverage, by paying though automatic monthly deductions, or by being members of certain groups and associations.

Insurance companies have propriety formulas for calculating rates, so each provider you contact is likely to offer you a different price quote. That is why comparison shopping is a great way to save money on your premiums.

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

The minimum requirements listed above are not applicable to all Florida drivers. If you have a DUI conviction on your record, for instance, the state will require you to carry much higher minimum liability limits of 100/300/50. Other serious driving violations can also raise your minimum coverage requirements.

Florida’s standard coverage requirements are very low compared with the minimum requirements in most other states. While these amounts may be enough to cover your financial responsibilities in a minor collision like a fender-bender, they will most likely be too low if you are responsible for a serious accident involving injuries. You may therefore benefit from purchasing liability coverage at the highest amounts you can reasonably afford when you are purchasing your Oakland Park car insurance policy. Your Trusted Choice Agent can provide you with quotes for different levels of coverage.

Number of Uninsured Motorists in Florida

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

Driving without car insurance that meets or exceeds Florida’s minimum requirements is illegal. It can result in the suspension of your driver’s license, license plates and vehicle registration, and this suspension will remain in effect until you have paid a fine of up to $500 and have provided proof of insurance coverage.

Nevertheless, motorists in the state of Florida are the second most likely in the country to be driving while uninsured. Uninsured drivers are still financially responsible for covering damage in accidents they cause, but these funds are often difficult to collect. That is why it is a good idea to get uninsured motorist coverage with your Oakland Park car insurance. That way, if you are in a collision caused by an uninsured motorist, your insurance company compensates you for your losses directly and then pursues reimbursement from the responsible driver on its own. This insurance also covers damage and injuries caused by accidents involving 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 auto theft rate in Florida is lower than the national average; but the rate falls somewhere in the middle in Oakland Park.  In 2014, there was a total of 120 auto thefts reported in this city. That equates to about 2.74 thefts per every 1,000 cars — higher than the state average but lower than the national rate.

If your vehicle is stolen, you can only receive compensation for your loss if your Oakland Park auto insurance policy includes comprehensive (also commonly referred to as “other than collision”) insurance. This optional coverage also compensates you for loss or damage caused by other noncollision hazards, such as falling objects, flying debris, floods and fires, so long as they were not caused by a vehicular accident.

Find the Best Oakland Park Car Insurance Policy

Naturally, you don’t want to pay more than is necessary for your mandatory car insurance. Nevertheless, if you bought your policy without first taking the time to get quotes from a few competing insurance companies, there is a good chance that you are overpaying for your coverage. That is why well-informed car owners in Oakland Park turn to independent agents in the Trusted Choice network for help when they are searching for the best auto insurance to meet their coverage and budgetary needs.

Let a Trusted Choice Agent contact insurance companies on your behalf to gather a selection of customized auto insurance quotes that you can review and compare together. Find an agent with an office near you to learn more about your Oakland Park car insurance options.

Now, who's ready to get their insurance problems solved?