Bankrate’s annual quoted premiums study shows that there are a total of 4.2 billion.Car insurance in Gainesville (Florida) costs on average $800 per year for minimum coverage, and $1,782 annually for full coverage.Although auto insurance in Gainesville can be quite expensive,there are several cheap car insurance companies in the city, such as State Farm and Geico,These policies offer affordable rates and many discount options to help you save.
Gainesville has just under 134,000 residents, and motorists are required by law to carry sufficient car insurance coverage. Consider coverage options, financial stability and customer satisfaction when shopping for cheap car insurance.
The best car insurance companies near Gainesville
The best car insurance company in Gainesville will depend on each specific policyholder, but there are some companies that stand out. Our list of top Gainesville insurance companies was compiled using data Bankrate gathered from Quadrant Information Service. We also considered coverage options, discounts and financial stability. There may be better options for you.
State Farm
State Farm is the largest provider of auto insurance in America. This strength is built on robust coverage options, including roadside assistance, rideshare coverage and car rental reimbursement. State Farm scored higher than the industry average in 2021 J.D Power U.S. Auto Claims satisfaction Study. AM Best also gave State Farm an A++ financial strength rating.
Geico
Geico boasts low rates in the Gainesville area and provides an extensive list of discount options to help policyholders save even more. This is combined with J.D.’s high ratings for customer service. Power and Geico might be the right choice for you insurance needs. If you prefer to handle your policy yourself, Geico’s app offers the ability to view ID cards, pay bills, file a claim and request roadside assistance.
MetLife
MetLife is an excellent option for Gainesville residents looking to reduce their auto insurance costs by bundling their policies. MetLife says that drivers save an average of $562 per year by switching their insurance. Bundling will allow you to have specialty coverage such as rental damage coverage or replacement of parts. MetLife also offers MyJourney to help reduce distracted driving risks. It is important to note that MetLife auto and home insurance was recently acquired by Farmers and will likely soon be rebranded under that car insurance company’s name.
Progressive
Progressive policies come with many perks. Progressive offers extensive online resources, a mobile app, and many coverage options. It also offers unique discounts such as the Snapshot Program. The company also provides customers with unique optional features, such as a deductible savings bank and custom parts coverage.
Gainesville has the lowest car insurance
Florida is one of the most expensive states in the U.S. for auto insurance, with average annual rates of $1,101 for minimum coverage and $2,364 for full coverage. Gainesville’s rates are less expensive than those in the rest of the country, at an average rate of $800 for minimum coverage and $1782 for full coverage. However, the average rates are still higher than the national average rate of $565 for minimum coverage, and $1,674 to cover full coverage.
Because of the higher average rates in Florida, it may be important to you to find the best cheap insurance without sacrificing quality of coverage. The providers in the table below have both competitive rates and strong financial ratings — all the carriers have at least an A rating with AM Best.
When shopping for car insurance, price is not the only thing you should consider. You may also consider customer service scores, financial strength ratings and available coverages. In the 2021 J.D., Allstate and State Farm had the highest customer satisfaction ratings. Florida Power U.S. Auto Insurance Study
Progressive is a standout because it offers many options for coverage, while State Farm is the largest auto insurance provider in the United States. It is a good idea to get multiple quotes in order to compare prices and other factors when searching for affordable car insurance.
Gainesville insurance requirements
The state of Florida requires you to maintain minimum levels of coverage, including:
- Per person, $10,000 bodily injury coverage
- Accidental bodily injury coverage of $20,000
- Ten Thousand Dollars per accident property damage coverage
- Personal injury protection (PIP), $10,000 per person
Although Florida does not require that the bodily injury liability coverage comes from insurance (you could show proof of a bond, for example, to satisfy the “financial responsibility law”), most insurance companies will likely include bodily injury liability in their policies. It is usually the easiest way for you to ensure that you meet the legal requirements.
Florida is considered a no-fault state. This means you are required to carry PIP coverage, which covers medical bills and lost wages for you and your passengers in the event of an accident, no matter who is at fault.
You may be able to choose minimum coverage. However, the premium may be lower, but it may not provide enough coverage to cover all the damages from an at-fault incident. You could end up paying more than you should. If you finance or lease your vehicle, your bank may require you to add collision coverage and comprehensive coverage to the policy. Gainesville residents may wish to speak with an insurance professional to ensure they have the right coverage.
Gainesville: Car insurance discounts
While car insurance premiums are generally higher in Gainesville than elsewhere in the United States, there may be ways to offset this cost through discounts. Many insurance companies offer multiple discounts to help policyholders maintain their insurance costs within budget. Common discounts include:
- Policy bundling:You may be eligible for a discount if you have multiple policies with the same company such as an auto policy and a homeowners/renters policy.
- Driving defensively:To receive a discount, you may be eligible to take a defensive driving course that is approved by your company. This discount is not available to all companies. Before you sign up, make sure that your carrier approves the course.
- Telematics discount:You will need to use an app, or plug-in device, to track your driving habits to get this type of discount. Telematics discounts are not available from all carriers, but they could save you money if it does.
- Safety featuresYour premium might be reduced if your car has safety features like anti-lock brakes, airbags, and anti-theft systems.
Questions frequently asked
Which is the best auto insurance company?
A good way to determine the best car insurance company for your needs is to compare several carriers. You can use factors like customer service reviews, financial strength, discount offerings, and average rates to help you narrow your search. Each driver has a unique set, so choosing the right car insurance company depends on your particular situation.
What is the cost of Gainesville car insurance?
Gainesville’s average car insurance premium is $800 per year for minimum coverage, and $1,782 per year for full coverage. Your personal factors will impact your premiums. Rates will vary depending on your zip code, your driving record, vehicle type, credit score, and other factors.
What are the penalties for driving without insurance in Gainesville
Driving without insurance is a misdemeanor anywhere in the state of Florida. Failure to provide proof of insurance can result in monetary penalties, suspension of your license, or even jail time depending on how many offenses you have.