You have most likely watched the catchy advertisements from auto insurance companies like Progressive, The General, and State Farm that promise huge savings, so drivers should just pick the one with the best commercial, right?
Unfortunately, it’s just not that easy, as there are a whole slew of unknowns like what deductibles to use for physical damage coverage, your credit score, if you have a spouse, and how experienced of a driver you are. We will touch on the things that influence insurance rates and also should give you a jump start in finding the best auto insurance in Orlando.
Figuring out which companies have the cheapest car insurance rates for teenagers calls for a little more effort than just picking a company at random.
Every insurance company uses a little different formula for determining rates in each state, so let’s rank the car insurance companies with the overall cheapest rates in Orlando.
Best Auto Insurance Prices for Teens
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | USAA | $948 |
| 2 | Electric | $1,694 |
| 3 | Amica | $1,746 |
| 4 | Progressive | $1,829 |
| 5 | Travelers | $1,888 |
| 6 | Allied | $1,985 |
| 7 | Mercury | $1,992 |
| 8 | Esurance | $2,040 |
| 9 | State Farm | $2,131 |
| 10 | Auto-Owners | $2,149 |
| 11 | GEICO | $2,172 |
| 12 | Allstate | $2,340 |
| 13 | 21st Century | $2,445 |
| 14 | Windhaven Insurance | $2,575 |
| 15 | Safeco | $2,927 |
| 16 | Hanover | $2,934 |
| 17 | MetLife | $2,988 |
| 18 | Liberty Mutual | $3,039 |
| 19 | United Automobile | $3,457 |
| 20 | Direct General | $3,902 |
| View More Rates Go | ||
USAA may offer some of the most affordable car insurance rates in Orlando at around $948 each year. This is $1,500 less than the average premium paid by Florida drivers of $2,448. Electric, Amica, Progressive, and Travelers also rank well as some of the more affordable Orlando, FL auto insurance companies.
As illustrated above, if you buy coverage from Electric and switched to USAA, you might achieve yearly savings of roughly $746. Customers with Amica could save as much as $798 a year, and Progressive insureds might reduce prices by as much as $881 a year.
Be aware that those rates are averages for all insureds and vehicles and are not factoring in an exact zip code location for teenagers. So the company that can offer you the lowest price may not even be in the list above. That underscores the importance of why you need to get rate quotes from many companies using your own driver data and vehicle information.
One of the many considerations that are looked at to determine auto insurance rates is where you keep your car in Orlando. Areas with more people or even just a higher incidence of claims likely pay more, whereas areas with fewer weather claims and lower vehicle theft rates tend to receive slightly lower rates.
The information below lists the most costly cities in Florida for teenagers in which to buy car insurance. Orlando makes the list at #19 with an annual premium of $2,029 for car insurance, which is about $169 monthly.
| Rank | City | Annual Premium |
|---|---|---|
| 1 | Hialeah | $3,595 |
| 2 | Miami Gardens | $3,277 |
| 3 | Miami | $3,241 |
| 4 | Miami Beach | $2,953 |
| 5 | Miramar | $2,683 |
| 6 | West Palm Beach | $2,625 |
| 7 | Hollywood | $2,604 |
| 8 | Pompano Beach | $2,595 |
| 9 | Fort Lauderdale | $2,576 |
| 10 | Coral Springs | $2,574 |
| 11 | Tampa | $2,532 |
| 12 | Davie | $2,473 |
| 13 | Pembroke Pines | $2,407 |
| 14 | Brandon | $2,368 |
| 15 | Clearwater | $2,238 |
| 16 | St. Petersburg | $2,196 |
| 17 | Jacksonville | $2,040 |
| 18 | Spring Hill | $2,039 |
| 19 | Orlando | $2,029 |
| 20 | Port St. Lucie | $1,935 |
| Start a Quote Go | ||
Table data uses approximated as the vehicle garaging location can influence coverage rates noticeably.
The type of vehicle driven is a large consideration when quoting the most economical auto insurance for teenagers. Vehicles with high performance, poor safety features, or an increased likelihood of liability claims will cost much more to insure than more economical and safe models. The data below shows coverage premiums for some of the more affordable automobiles to insure in Florida.
| Vehicle | Estimated Cost for Full Coverage |
|---|---|
| Honda CR-V LX 4WD | $5,402 |
| Ford Escape XLS 4WD | $5,408 |
| Hyundai Elantra SE Touring Station Wagon | $5,786 |
| Toyota Prius | $5,838 |
| Ford Edge SEL 2WD | $6,356 |
| Jeep Grand Cherokee Laredo 4WD | $6,408 |
| Toyota Tacoma Double Cab 4WD | $6,416 |
| Chevrolet Equinox LT 2WD | $6,408 |
| Toyota RAV4 Sport 2WD | $6,416 |
| Ford F-150 SVT Raptor Super Cab 4WD | $6,460 |
| Ford Explorer Limited 2WD | $6,465 |
| Dodge Grand Caravan Crew | $6,460 |
| Honda Civic VP 4-Dr Sedan | $6,687 |
| Nissan Altima 2.5 S 4-Dr Sedan | $6,739 |
| Honda Odyssey EX-L W/Rear Entertainment | $6,748 |
| Chevrolet Impala LTZ | $6,739 |
| Toyota Camry XLE | $6,747 |
| Toyota Corolla LE | $6,739 |
| Volkswagen Jetta 2.0T 4-Dr Sedan | $6,792 |
| Chevrolet Malibu LTZ | $6,800 |
| GMC Sierra 2500HD SLE Extended Cab 4WD | $6,792 |
| GMC Sierra SLE Crew Cab 4WD | $6,800 |
| GMC Sierra 3500HD SLE Crew Cab 2WD | $6,841 |
| Find Cheaper Rates Go | |
Price data assumes single male driver age 16, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Florida minimum liability limits. Discounts applied include claim-free, and safe-driver. Rate quotes do not factor in your specific Orlando, FL location which can increase or decrease coverage rates noticeably.
By looking at the data, we can presume that vehicles like the Honda CR-V, Ford Escape, Hyundai Elantra, and Toyota Prius are a few of the cheapest vehicles to insure for teen drivers. Rates will tend to be higher just due to the fact that there is a higher risk for teenagers, but in general those particular vehicles will most likely have the cheapest auto insurance rates available.
Discounts on Orlando auto insurance
Insurance companies that offer quotes for teenagers may provide special discounts that could potentially reduce rates by as much as 35% if you meet the requirements. A few popular companies and the discounts they provide include:
- Farm Bureau offers discounts for youthful driver, driver training, multi-policy, multi-vehicle, and renewal discount.
- MetLife may have discounts that include accident-free, good student, good driver, claim-free, defensive driver, and multi-policy.
- Progressive offers premium reductions for multi-policy, multi-vehicle, homeowner, continuous coverage, online signing, good student, and online quote discount.
- AAA may offer discounts for anti-theft, good student, multi-policy, good driver, and education and occupation.
- American Family includes discounts for TimeAway discount, bundled insurance, Steer into Savings, defensive driver, good driver, early bird, and good student.
- GEICO has discounts for daytime running lights, military active duty, good student, anti-theft, membership and employees, and anti-lock brakes.
- State Farm discounts include student away at school, good driver, driver’s education, Drive Safe & Save, and Steer Clear safe driver discount.
The example below illustrates the difference between insurance rates with and without some available policy discounts. The premium estimates are based on a female driver, no violations or claims, Florida state minimum liability limits, comp and collision included, and $250 deductibles.
The first bar for each age group shows the average rate with no discounts. The second shows the rates with paperless filing, passive restraint, anti-theft, paid-in-full, good student, and vehicle safety discounts applied. When taking advantage of discounts, the average amount saved each year on car insurance for teenagers is 28% or $739.
Ratings for Orlando car insurance companies
Picking the best auto insurance company is hard considering how many companies there are to choose from in Orlando. The company rank data listed below can help you select which car insurance companies you want to consider purchasing from.
The rankings below are only made up of insurance companies that insure vehicles in the majority of U.S. states, so companies without a large exposure will not be included in this list. To compare prices from these top-rated insurers and more, click this link.
Top 10 Major Auto Insurance Providers in Orlando Ranked by Claims Service
- Travelers
- Nationwide
- Allstate
- State Farm
- Liberty Mutual
- GEICO
- American Family
- Esurance
- Titan Insurance
- AAA Insurance
Top 10 Major Auto Insurance Providers in Orlando Ranked by Customer Service
- USAA
- Travelers
- Mercury Insurance
- AAA Insurance
- Nationwide
- Safeco Insurance
- Progressive
- State Farm
- The Hartford
- The General
Why it’s important to shop around
Orlando, FL car insurance rates are determined by lots of factors which can substantially decrease or increase the price you pay. Simply turning a year older, buying a different home, or getting a driving violation may prompt premium changes that can make some companies cheaper than competitors. And not only may your rating factors change, but auto insurance companies change their prices at least once a year to reflect underwriting profits or losses. Significantly higher claims may result in increased rates, while lower claim expenses can produce lower-priced Orlando car insurance rates.
For example, the data below shows which companies have the cheapest car insurance in Orlando, FL for a 45-year-old male driver with no prior claims, no tickets, and good credit. If we estimate prices based on his current rating profile, USAA quotes the most affordable car insurance rates in Orlando at $1,180 per year. This is $1,268 less than the average premium paid by Florida drivers of $2,448. Electric, Amica, Progressive, and Travelers are the rest of the most affordable Orlando, FL auto insurance companies.
The example below compares rates after we give the driver from the first rate comparison an accident claim, bad credit, and a traffic ticket or two. Due to the fact that every insurance company has a proprietary method to determining premium rates, comparing quotes may now present a completely different list of the cheapest Orlando car insurance companies as shown below.
USAA now has the best price on car insurance in Orlando, FL with Allied, State Farm, Esurance, and GEICO completing the list. This illustrates why it is critical to shop around with many companies when trying to find the most affordable car insurance quotes for teenagers.
Prices are made up of many factors and can increase or decrease at any time, so the best option when you last compared rates may now not even be in the top five.
How to find cheaper insurance for teenagers
Below you’ll find a few penny-pinching solutions that can help drivers buy low-cost coverage.
- Vehicles with safetly features generally cost less to insure
- Maintaining good credit helps earn cheaper rates
- Avoid price increases by not filing claims
- Do not get tickets
- Accident-free drivers may qualify for discounts
- Compare rate quotes often
The last tip is very critical, as was discussed in this write-up. Auto insurance rates in Orlando fluctuate considerably, so don’t be hesitant to buy from a new company if a better rate can be found.
Many drivers tend to have loyalty to a certain company, but it isn’t a good idea if that loyalty ends up costing big bucks every year. It only takes a couple minutes to shop around to find cheaper insurance for teenagers.
If you aren’t clear which coverage you need and would like to have some professional guidance when shopping for cheaper insurance for teen drivers, the insurance agencies listed below can most likely help you decide which coverage fits your budget.
To locate an agency close to you, click the button below the list.
- MacLeish Insurance
634 Virginia Dr – Orlando, FL 32803 – (407) 647-8000 - Bill Cordy – State Farm Insurance Agent
2737 N Hiawassee Rd – Orlando, FL 32818 – (407) 298-9996 - Henry Wahl – State Farm Insurance Agent
417 Summerlin Avenue – Orlando, FL 32801 – (407) 895-5285 - Allstate Insurance: Polette Hernandez Gardner
2606 E Robinson St – Orlando, FL 32803 – (407) 380-0083 - Alfredo Ortega – State Farm Insurance Agent
1118 Manor Dr – Orlando, FL 32807 – (407) 249-9999