With a warm, tropical climate and lots of beaches to enjoy, Florida is the ultimate vacation getaway. But if you call Florida home, will a bad credit score bring down your mood as you shop for car insurance?
Unfortunately, a less-than-stellar credit score may make it harder for you to find cheap car insurance in Florida. While credit score isn't the only factor that goes into determining your rates, Florida is one of many states that lets auto insurance companies take your credit history into account when deciding how much to charge you.
Insurify's comparison tool will help you make sure you're getting the best possible quote even with a bad credit rating. You can have peace of mind you're not paying any more than need to, and customers save $48 per month on average.
Drivers in Florida with bad credit pay about 17 percent more for car insurance on average than drivers with a good credit score.
In general, Florida's car insurance rates are on the pricier end, which means adding bad credit (and another $50 per month) to your car insurance rate can put a major dent in your wallet.
In Florida, car insurance companies are allowed to take a look at your credit score before setting your car insurance rate. So in most cases, you will undergo a credit check as you shop for car insurance in Florida.
But if you have a bad credit score, you still have some options. You could seek out a car insurance company that advertises no credit checks—though keep in mind they may inflate their prices as a result. Or you could seek out a major car insurance carrier like GEICO that has been known to offer reasonable rates for those with poor credit.
GAINSCO, Bristol West, and Direct Auto each provide affordable car insurance to Floridians with low credit. If you're a high-risk driver in other ways, you'll want to check out Dairyland and Mercury as affordable options.
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In Florida, average car insurance costs correlate pretty closely with credit tier. Those with excellent credit pay the least on average, at $267 per month. Meanwhile, those with poor credit pay nearly $60 more for car insurance on average, at $325 per month.
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Florida is full of colorful cities, each with its own identity. But how will the city you call home affect your car insurance rates if you have bad credit? In general, Miami is the most expensive city for drivers with bad credit, while Jacksonville in the northern part of the state has more affordable rates.
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Insurance prices and policies can vary significantly between companies, and a state like Florida draws a wide variety of choices when factoring insurance rates for drivers with bad credit.
Insurify's rate comparison tool will help you make sure you're getting the best possible quote based on your needs and location. You can have peace of mind you're not paying any more than you need to, and customers save $585 per year on average.