Florida is the nation’s leading state for uninsured motorists. According to estimates 26,7% of Florida’s drivers do not have car insurance. Insurance is required by law. Pensacola’s average car insurance cost is $2,119 for full coverage, and $908 for minimal coverage.
Florida car insurance is very expensive due to the high number of uninsured drivers. There are many car insurance companies that offer lower rates than the average. Based on their premiums, coverage options and discounts, we identified the top Pensacola car insurance providers.
The best car insurance companies Pensacola
Allstate, State Farm and Geico are the best Pensacola car insurance companies. These companies are known for their excellent customer service scores, generous discounts and reasonable annual rates.
| Insurance company | J.D. J.D. | Minimum coverage: Average annual premium | For full coverage, the average annual premium |
|---|---|---|---|
| Allstate | 851 / 1,000 | $974 | $2,176 |
| Geico | 846 / 1,000 | $703 | $1,998 |
| Progressive | 834 / 1,000 | $1,118 | $2,113 |
| State Farm | 826 / 1,000 | $692 | $1,556 |
Quadrant Information Services, 2020
Allstate
J.D. ranked Allstate as the best for customer satisfaction overall. J.D. Power’s 2020 U.S. Auto Insurance Study (Florida) ranked Allstate as the top-rated company for customer satisfaction. Pensacola residents can create a custom policy using addons. This includes sound system insurance and accident forgiveness. They also have the option to save money by qualifying for discount. Allstate offers discounts for good grades, responsible payers, bundling policies and paying in full.
Geico
Geico offers a lower-than-average rate for drivers in Pensacola. Geico’s average full-coverage policy costs $1,998 per annum, which is more than $120 less than the average city rate. Geico offers many discounts including savings for military personnel, federal employees, safe drivers, emergency deployment, and vehicles with advanced safety features like airbags or anti-lock brakes.
Progressive
Progressive’s car insurance policies may not be the most affordable, but they are the most comprehensive. To help drivers find the best price policy, the company provides innovative online resources such as the Name your Price Tool or the Rate Comparison Tool. Progressive offers many discounts to drivers, including the Snapshot safe-driver reward program that comes with an average savings $145
State Farm
State Farm is the largest provider of car insurance, accounting for 9.25%. State Farm is well-known for its affordable premiums, great discounts, and helpful online resources. One of the few companies that offer safe driver discount programs is State Farm. Drive Safe & Save is for drivers older than 25 years old, and Steer clear for those younger than 25. State Farm also offers a few endorsements including rideshare insurance, roadside assistance, and other services.
Pensacola has the lowest car insurance
Pensacola car insurance is expensive. Pensacola drivers pay slightly less than Florida’s average rate of $2,364 for full-coverage insurance and $1,101 to cover minimum coverage. The average cost for car insurance in the United States for full coverage is $1,674 and $565 respectively.
Every driver will have a different lowest car insurance in Florida. Rates will be affected by factors such as age, credit score, and the insurance company you choose. Below is a table that shows Pensacola’s most affordable car insurance rates based on market share.
| Insurance company | Minimum coverage: Average annual premium | For full coverage, the average annual premium |
|---|---|---|
| State Farm | $692 | $1,556 |
| Geico | $703 | $1,998 |
| Allstate | $974 | $2,176 |
| MetLife | $1,081 | $2,485 |
| Progressive | $1,118 | $2,113 |
Quadrant Information Services, 2020
Each cheap insurance provider comes with its own pros and cons. Geico and State Farm, for example, offer limited coverage. For drivers who wish to tailor a policy, Allstate and Progressive offer better options. These providers may offer extraordinary discounts, but the types and actual savings offered by each company will vary.
These five providers also have excellent financial strength ratings from AM Best. However, customer satisfaction ratings are much more diverse. J.D. Power’s study, Allstate and Geico were the only companies rated above average in terms of customer satisfaction. Allstate and Geico were the only companies that were rated above average in J.D. Power’s study. Progressive and State Farm are below average and MetLife is near the bottom.
Insurance requirements for Pensacola
Pensacola drivers must have car insurance. Florida is a no fault state. Drivers must have at least $10,000 in Personal Injury Protection and $10,000 in Property Damage Liability (PDL). PIP covers medical expenses incurred in an accident. PDL covers property damage that you cause in a covered case.
Minimum coverage insurance policies offer the lowest coverage. Although minimum coverage insurance does not necessarily cover all costs associated with an accident, it may provide some protection. Drivers who lease or finance their vehicle often need to have full coverage insurance. To reduce risk, it is recommended that drivers either increase their coverage or buy a full-coverage insurance policy.
Pensacola car insurance discounts
Pensacola car insurance can be expensive so most car insurance companies offer discounts to help drivers get a lower rate. These are some of the most popular Pensacola car insurance discounts:
- Discount on vehicle safety equipment: You may be eligible for a discount if your vehicle has certain safety features like anti-theft systems and airbags.
- Student discount: Students in high school or college who have a minimum GPA may be eligible for special savings on their insurance.
- Discount for defensive driving: Many insurance companies offer discounts to drivers who have completed a driver safety or defensive driving course.
- You can save money by paying your entire premium in one lump sum and not in monthly installments.
Questions frequently asked
Which is the best auto insurance company?
The best auto insurance company is variable, but the most popular providers include Allstate, Geico and USAA. Compare providers to find the best deal for you. Get multiple quotes and compare them all.
What is the cost of Pensacola car insurance?
Pensacola’s average cost for car insurance is $2,119 for full coverage and $908 for minimum coverage. Your rate can be affected by factors such as your credit score, age, vehicle value, and your credit history.
What amount of car insurance do you need in Pensacola
Pensacola drivers must have at least $10,000 in Personal Injury Protection and Property Damage Liability (PDL) coverage. For greater protection, insurance companies recommend that drivers either increase their coverage limits or buy full coverage car insurance that covers collision, comprehensive, and personal liability.
