Automobile

Car Insurance in Clearwater, Florida: Everything You Need To Know

Every state in the union requires motorists to purchase auto insurance. If you choose to drive without the state minimum coverages, you could face fines and other legal action. All drivers must provide proof of insurance to a law enforcement officer when requested. Getting the right coverage shouldn’t be a hassle. While there are many rules of thumb, rates vary depending on several factors, including locations, credit, and gender. Keep reading as we go into detail about car insurance in Clearwater, Florida.

Car Insurance: Clearwater Rates vs. State + National Averages

The average Clearwater policyholder pays $2685 annually for auto insurance. That’s $376 more than the Florida average of $2309 and $1137 higher than the national average of $1548. Clearwater has comparably expensive rates when taking the state and national averages into account. Drivers are encouraged to take advantage of every discount available to mitigate the cost of driving in Clearwater.

Clearwater Auto Insurance Costs by Insurer

According to The Zebra, the best way to save on car insurance is to compare quotes from several insurance companies, choosing the insurer that gives you the cheapest price. State Farm has the most affordable premiums in Clearwater for regular motorists, while Allstate has some of the most expensive rates in the city. GEICO is only slightly more expensive than State Farm, and Progressive stands in the middle.

These are the best insurance companies and their annual rates operating in Clearwater:

  • State Farm: $1840
  • GEICO: $2533
  • Progressive: $3005
  • Allstate: $3663

    Clearwater Auto Insurance Premiums by Driver Age

    Drivers in their 50s see the lowest rates in Clearwater. 50-year-olds pay $2467 annually for their auto insurance, $218 cheaper than the city average. 60-year-olds pay a little more with yearly rates at $2518, $167 less than the city average.

    Compare those numbers to teen drivers, who see the highest rates of any age group with premiums north of $7575. Growing out of your teenage years is one of the most effective ways to decrease auto insurance premiums in Clearwater. Policyholders in their 20s pay an average of $4163 less than teenagers per year. That’s the largest difference in annual rates between any two age groups.

    • Teens: $7575
    • 20s: $3412
    • 30s: $2678
    • 40s: $2630
    • 50s: $2467
    • 60s: $2518
    • 70s: $3070

      Clearwater Car Insurance Premiums by Gender and Marital Status

      Your gender and marital status contribute to your auto insurance prices. Single policyholders in the U.S. typically pay more than married folks for the same car insurance. Insurance providers have research that shows married drivers file fewer claims and are more financially stable. Single drivers pay $98 more than married couples in Clearwater. Singles also pay more than widows but less than those that are divorced. Although gender is slowly being worked out of insurance quotes, some companies will still incorporate it into their final price. Clearwater men pay $68 less than their female counterparts.

      These are the annual rates by gender and marital status in Clearwater:

      • Female: $2753
      • Male: $2685
      • Single: $2685
      • Married: $2587
      • Divorced: $2685
      • Widowed: $2636

        Average Clearwater Insurance Rates After a Violation or Accident

        No matter your location, keeping your driving record clean of accidents and violations is a great way to keep your insurance premiums low. At-fault accidents, speeding tickets, reckless driving convictions, DWIs, DUIs, and more bring significant consequences to your future auto insurance costs.

        The two most expensive violations in Clearwater are reckless driving and DUIs. Clearwater residents caught for driving under the influence see an average increase of $1287 in insurance prices. Reckless drivers in Clearwater see an even bigger hike. A reckless driving charge results in a $1409 increase in auto insurance rates. A speeding ticket leads to a bump of $680 per year in insurance premiums. Those with at-fault accidents pay an average of $3677 per year for car insurance.

        These are the annual car insurance premiums after the most common violations in Clearwater:

        • DWI/DUI: $3972
        • Reckless Driving: $4093
        • At-fault Accident: $3677
        • Speeding Ticket: $3365

          Clearwater Auto Insurance Premiums by Credit Tier

          It’s well known these days that your credit score can have an impact on your auto insurance premiums. Clearwater drivers who brought their score up to over 800 from under 579 saw a 59% decrease in car insurance rates on average. Changing just one level can cause you to earn or lose thousands per year. Drivers who went from a score of under 579 to a score over 580 received an annual bill that was $2012 cheaper.

          These are the yearly rates for each credit tier in Clearwater:

          • Very Poor (300-579): $5302
          • Fair (580-669): $3291
          • Good (670-729): $2685
          • Very Good (740-799): $2433
          • Exceptional (800-850): $2160

            Cheaper Clearwater Zip Codes

            Where you live, work, and park your car at night can change your rates significantly. Areas with higher crime, theft and bad weather will see higher premiums, while areas with fewer drivers on the road and less crime receive cheaper rates.

            These are some of the cheapest zip codes in Clearwater:

            • 33764
            • 33762
            • 33757
            • 33758
            • 33761
            • 33760
            • 33763
            • 33766
            • 33755
            • 33756
            • 33765
            • 33759
            • 33769

              List of Insurance Companies in Clearwater

              Many insurance companies offer auto insurance policies in Clearwater, Florida, per WalletHub. Some of the most popular insurers in the city are GAINSCO, Direct Auto Insurance, State Farm, Nationwide, Esurance, Amica Insurance, Allstate, GEICO, Progressive, Liberty Mutual, AAA Insurance, Travelers Insurance, Mercury Insurance, Kemper, Safeway Insurance Company, and more.

              If you drive in Clearwater, you’ll need to purchase car insurance. Because Illinois requires you to have it by law, you should pick a policy that’s tailored for you and your family. Online quotes are free and instant. Head to your preferred insurance provider’s website today to get your quote.

              Check this out if you need additional information, resources, or guidance on car insurance.

              Sources:

              Car and Driver Insurance Hub | caranddriver.com

              Clearwater, FL Car Insurance | thezebra.com

              2021’s Best Car Insurance Companies in Clearwater, FL |wallethub.com

              Highest Car Insurance Rates by City | caranddriver.com

              Car Insurance for Women: Everything You Need To Know | caranddriver.com

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