I’m with State Farm 40 years. Clean record, excellent credit score. They just raised my auto insurance 30% for no reason. I would change but I haven’t anyone more reasonable yet.

I just switched from AAA to State Farm and I’m saving $600 a year. Thing is I didn’t realize that they want me to put a beacon in my car so they can track things about my driving habits. if I don’t put that in I will lose the discount. Not sure how much the discount is. Stay tuned… I have not installed it yet. Not sure I will.

No Florida is not number one, tha title is held by California.

per Forbes.

California
$2,462
Colorado
$2,489
Connecticut
$1,730
Delaware
$2,462
Florida
$4,326

New York eeeked out Florida by a couple hundred$$&

Switched
 

Called Villages Insurance, where we had Progressive. Didn’t much care when I asked them what to do next. So I shopped around ended up with State Farm , saved about $500 from Progressive. It absolutely amazed me that Villages Insurance didn’t care about me or offered options. They just sent me off to their cancellation department. Learned that customers are not very important.

Cabrillo
 

We have had Cabrillo for several years. My check on them convinced me they were a good company. We had a significant claim and had no issues getting payed.

Car insurance costs main driver for increases are jury awards in Tampa/Orlando/Miami.
 

Have close relative in the business at high level. Think about it. Total your nice car and it costs 50-80K. Get a jury who thinks they are sticking it to the insurance company by paying out a Million on an injury when they deserve 500,000, they forget insurance companies are going to make a certain profit % average over 5 years..... so they raise rates (any company does that...that is why raising corporate taxes is a joke. Company wants ebit return of 15%? raise their taxes 10%? No problem...prices increase 11.5% = 10% +15%). High jury awards from the NE make it south.. Even storm damage on cars is not as big an impact. They pay loss on car not a Million $$. Why do you think you see all the lawyer ads in FLA but not in say Georgia or the Carolina's? Juries there do not have that thought process. Awards are fair. One jury award can equal 10 accidents in a heartbeat. Auto rates are not impacted by homeowners rates. Your auto rates are not based on your driving as much as the RISK of you getting in an accident where the person calls a "call my cell on Saturday lawyer who sends you to his favorite Doctor.... you know the story. One of the Largest M ajor, M ajor firms actually stopped settling claims out of court (25% of award....vs. 30 - 35% if it goes to trial) during the pandemic due reduced cases. Awards were the same since most are not major injuries but they got 5 - 10% more. Insurance company wrote same check at trial as they offered in advance. Need loser pays lawsuits.

We are all getting hammered because newer cars are loaded with lots of worthless technology that cost a small fortune to replace in the event of a minor accident. Replacing a rear bumper on an older car costs about a thousand dollars. The same replacement on a new car costs over five thousand dollars because it contains multiple sensors and a camera. All of this technology that is supposed to make driving safer, and correspondingly less expensive, is having the opposite effect. It’s creating a society dependent on sensors, rather than driving skills, resulting in both more accidents and substantially higher repair costs. When a friggin Tesla gets in what is seemingly a minor accident, the insurer is likely to consider it totaled because of the excessive repair cost.

There is no free lunch .. this applies to insurance
 

Insurers are motivated by profits, just like other businesses. I have yet to see an insurer that includes altruism in their business plan.

When the market allows insurers to make a profit they will compete to write coverage on the risks (insureds) they see as presenting a potential for profit…….I only hope I live long enough to see that day.

So, from many respondents here, the reality seems to be that there is little - if anything- that we consumers can do to lower our costs. Seems to be a runaway train that is unstoppable. I truly do not know how some homeowners and car owners will manage there costs and budget.,, Sad.

According to this, the top five are
1. Michigan: $3,643 per year
2. Florida: $3,244 per year
3. Louisiana: $3,040 per year
4. Delaware: $2,881 per year
5. Nevada: $2,788 per year


Car Insurance Rates by State (June 2024)

Emery Abshier Insurance at 352-245-2423 in Belleview. 6041 SE Abshier Blvd.

People have multiple avenues for keeping somewhat of a lid on their insurance costs.

First, consider the price of the car or home. You'll pay plenty more in insurance for a larger, fancier, more costly auto or home. If that's want you want - great. But, expect to pay the commensurate costs.

Second, people should have a detailed discussion with their insurance agent about the line-by-line items on the bill or quote. Once they really understand them, they may be inclined to make some adjustments that will save them money. (I keep my policies shaved down to only what I think makes sense for my circumstances and risk tolerance.)

The deductible: I haven't polled friends in a while to ask what level of deductibles they have but, was very surprised, years ago, to realize how low so many had them. Like $250 on a car and $500 on a home. Well, yeah, you'll pay higher rates that way.

Lastly, yes, it's worth the time to shop around every few years to see if better opportunities are available. They probably are.

When my USAA car insurance was increased about 25% in the past two years, I wasn't too happy. After reading some of the post here, it turns out I'm lucker than many. I'm paying $1550 a year for a newer car. My homeowner's insurance was reduced by $900. I adjusted the insured value of my home that they had been increasing every year. I have a mortgage so that's the defining issue for home value being insured. Insurance companies always count the land in the home valuation. If my home burns to the ground, the lot is still there. My lot value is 20% of my total home valuation. I don't feel a need to insure the land.

What insurance pool classification are you in?
Clean record, excellent credit score has nothing to do with your premiums. .
maybe 50 years ago, but that all changed with large scale computing

former child actor
Boomtown, 1965
Romper Room, 1965