Auto insurance premiums are determined by many components of a Miami driver’s profile, from their age, to their traffic history to their ZIP code. Some providers are cheaper for drivers with DUIs, while others are more affordable options for younger motorists who’ve just gotten their drivers’ licenses.
That’s why some drivers may find better rates than you at the same company, and vice versa. This section will look at the average auto insurance expenses for different driving profiles in Miami, Fla.
Miami Car Insurance Cost by Age
Teen drivers get the highest auto insurance rates for their increased likelihood of being involved in accidents or breaking traffic laws. Our data shows 16-year-olds pay about $626 per month or $7,510 per year for car insurance in Miami.
The cost of auto insurance gradually goes down as a person moves into their 20s, 30s and 40s. The table below illustrates the average minimum-coverage car insurance expenses in Miami for various age groups.
