How often should I shop for new auto insurance quotes?
You should compare auto insurance quotes at least once per year, preferably 30-45 days before your current policy expires. Jacksonville drivers who shop annually save an average of $400 per year. Additionally, shop after moving, buying a new car, or if you receive a rate increase.
Are telematics programs worth it for Jacksonville drivers?
Yes, telematics programs can provide substantial savings for safe drivers in Jacksonville. Most programs offer initial discounts for participation, with additional savings based on driving behavior. Safe drivers typically save 10-30%, which can amount to $200-600 annually. Programs monitor factors like speed, braking, acceleration, and time of day.
What's the minimum auto insurance required in Florida?
Florida requires minimum coverage of $10,000 Personal Injury Protection (PIP) and $10,000 Property Damage Liability (PDL). However, these minimums provide very limited protection. Most Jacksonville drivers should consider higher limits: $25,000/$50,000/$25,000 or $50,000/$100,000/$50,000 for better financial protection.
Should I increase my deductible to lower my premium?
Increasing your deductible can significantly lower your premium, but only do so if you can afford the higher out-of-pocket cost if you need to file a claim. Jacksonville drivers who move from a $250 to $1,000 deductible typically save 15-30% on comprehensive and collision coverage.
How much can I save by bundling auto and home insurance?
Bundling auto and home insurance typically saves 15-25% on both policies. For Jacksonville homeowners, this often translates to $300-800 in annual savings. Major insurers like State Farm, Allstate, and Farmers offer competitive bundle discounts. Always compare the bundled price against separate policies.
How does my credit score affect my auto insurance rates in Florida?
Florida allows insurers to use credit scores in rate calculations. Drivers with excellent credit (750+) typically pay 20-50% less than those with poor credit. Improving your credit score can significantly reduce your Jacksonville auto insurance premiums. Pay bills on time, reduce debt balances, and avoid opening unnecessary credit accounts.
Are defensive driving course discounts worth the time and cost?
Yes, defensive driving courses offer excellent return on investment for Jacksonville drivers. The 4-8 hour courses cost $15-50 but provide 5-15% discounts for three years. On a $2,400 annual premium, a 10% discount saves $720 over three years, minus the $35 course cost, for a net benefit of $685.