One of the many components that aid in calculating car insurance rates is where you choose to live in Tampa. Areas with more people or more claims will most likely have higher rates, whereas areas that tend to be more rural benefit from having to pay less for coverage.
The following table lists the most expensive areas in Florida for 19 year olds to purchase car insurance in. Tampa is ranked at #7 with an annual rate of $2,610 for the average policyholder, which is about $218 monthly.
| Rank | City | Annual Premium |
|---|---|---|
| 1 | Hialeah | $3,595 |
| 2 | Miami Gardens | $3,149 |
| 3 | Miami | $3,145 |
| 4 | Miami Beach | $3,013 |
| 5 | Miramar | $2,683 |
| 6 | West Palm Beach | $2,679 |
| 7 | Tampa | $2,610 |
| 8 | Hollywood | $2,604 |
| 9 | Coral Springs | $2,549 |
| 10 | Davie | $2,548 |
| 11 | Pompano Beach | $2,543 |
| 12 | Fort Lauderdale | $2,500 |
| 13 | Pembroke Pines | $2,407 |
| 14 | Brandon | $2,392 |
| 15 | St. Petersburg | $2,286 |
| 16 | Clearwater | $2,194 |
| 17 | Spring Hill | $2,102 |
| 18 | Orlando | $2,008 |
| 19 | Port St. Lucie | $1,975 |
| 20 | Jacksonville | $1,960 |
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Premium costs are approximated as the specific garaging location can alter price quotes noticeably.
Buying cost effective car insurance is not easy, and determining which company has the best auto insurance rates for 19 year olds requires more quotes for comparison. Each company uses slightly different criteria to set premium rates, so let’s begin by taking a look at the most budget-friendly auto insurance companies in Tampa.
Best Car Insurance Prices for Teens
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | USAA | $957 |
| 2 | Amica | $1,712 |
| 3 | Electric | $1,746 |
| 4 | Progressive | $1,829 |
| 5 | Mercury | $1,933 |
| 6 | Travelers | $1,945 |
| 7 | Allied | $1,945 |
| 8 | Esurance | $2,040 |
| 9 | Auto-Owners | $2,107 |
| 10 | GEICO | $2,108 |
| 11 | State Farm | $2,131 |
| 12 | Allstate | $2,340 |
| 13 | 21st Century | $2,373 |
| 14 | Windhaven Insurance | $2,653 |
| 15 | Safeco | $2,927 |
| 16 | Hanover | $2,964 |
| 17 | MetLife | $2,988 |
| 18 | Liberty Mutual | $3,009 |
| 19 | United Automobile | $3,422 |
| 20 | Direct General | $4,022 |
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USAA generally has some of the best car insurance rates in Tampa at around $957 each year. Amica, Electric, Progressive, and Mercury would also be considered some of the most economical Tampa, FL insurance companies.
In the rate table above, if you currently buy coverage from Progressive and switched to Amica, you could see a yearly savings of upwards of $117. Florida drivers with Mercury might save as much as $221 a year, and Travelers customers might cut rates by $233 a year.
If you want to see how much you could save, click here to start your custom quote or quote prices from the following companies.
These policy prices are averaged for all drivers and vehicles in Florida and are not factoring in an exact vehicle garaging location for 19 year olds. So the car insurance company that has the lowest price for you may not even be in the top 21 companies in the list above. That illustrates why you need to get quotes using your own driver and vehicle profiles.
How careless driving impacts Tampa auto insurance rates
In a perfect world, the best way to snag good auto insurance rates for teenage drivers is to pay attention while driving and not receive tickets or have accidents. The chart below highlights how traffic violations and accidents can influence insurance premiums for different age groups. Data assumes a married female driver, comp and collision included, $500 deductibles, and no discounts are applied to the premium.
In the prior example, the average cost of an auto insurance policy in Tampa per year with no accidents and a clean driving record is $2,004. Receive two speeding tickets and the average cost swells to $2,847, an increase of $843 each year. Now get two accidents along with the two speeding tickets and the yearly cost of auto insurance for 19 year olds increases to an average of $6,170. That’s an increase of $4,166, or $347 per month, just for not being attentive to the road!
How to get discounts on Tampa insurance
Insurers that offer coverage for 19 year olds may also provide premium discounts that may potentially lower prices by 40% or more if you qualify. A few of the larger companies and their offered discounts can be read below.
- Progressive includes discounts for multi-policy, continuous coverage, online signing, multi-vehicle, online quote discount, and homeowner.
- The Hartford offers premium reductions for air bag, defensive driver, bundle, anti-theft, driver training, vehicle fuel type, and good student.
- Mercury Insurance may include discounts for multi-car, professional/association, good student, location of vehicle, accident-free, ease of repair, and annual mileage.
- GEICO offers discounts including military active duty, emergency military deployment, air bags, anti-theft, defensive driver, and five-year accident-free.
- AAA has savings for AAA membership discount, multi-car, multi-policy, good student, good driver, anti-theft, and pay-in-full.
- State Farm policyholders can earn discounts including accident-free, good student, driver’s education, multiple autos, Drive Safe & Save, and anti-theft.
The illustration below illustrates the comparison of auto insurance rates with and without policy discounts. The data is based on a male driver, no claims, a clean driving record, Florida state minimum liability limits, comp and collision included, and $1,000 deductibles.
The first bar for each age group shows the average rate with no discounts. The lower bar shows the rates with marriage, anti-theft, claim-free, passive restraint, accident-free, and multiple vehicle discounts applied. When drivers take advantage of discounts, theaverage amount saved on auto insurance for 19 year olds is 28% or $587.
Why are you paying too much for car insurance?
Tampa auto insurance rates are calculated based on many things which can significantly increase or decrease the cost of a policy. Turning one year older, buying a home, or getting caught speeding may cause policy rate changes resulting in some companies being more affordable than others. In addition, car insurance companies modify pricing every year in order to offset underwriting gains or losses. An extended period of higher than normal claims can result in additional premium costs, while long-term profits can cause cheaper Tampa car insurance rates.
To help illustrate this point, the graph below shows which company has the cheapest car insurance in Tampa, FL for a 45-year-old male driver with a clean driving record, no accidents, and a good credit rating. When comparing rates based on his current risk factors, USAA quotes the most affordable car insurance rates in Tampa at $1,473 annually. This is $975 less than the average rate paid by Florida drivers of $2,448. Electric, Amica, Progressive, and Travelers are also on the list of the cheapest Tampa, FL auto insurance companies.
Now we will pretend the driver in the first chart a chargeable accident, slightly worse credit, and a few blemishes on his driving record. Since every insurance provider has a proprietary formula for establishing rates, comparing rates may result in a completely different list of the cheapest companies as shown below.
USAA now has the best car insurance rate in Tampa, FL with Mercury, State Farm, Auto-Owners, and Esurance now being in the top five. This example illustrates why Florida drivers need to perform a complete rate comparison when trying to get the most budget-friendly car insurance rates for 19 year olds.
Auto insurance prices are calculated by many factors and can change substantially, so the most economical company a year ago may now be an over-priced policy.
How to find economical insurance for 19 year olds
The list below details some of the better penny-pinching ideas that can help Florida drivers get cheaper car insurance.
- Avoid accidents
- Increase your comprehensive and collision deductibles
- Be a cautious driver
- Having too many claims will increase rates substantially
- Older vehicles may not need full coverage
- Compare rates often to find the best deal
That last tip is especially vital, as we stressed in this write-up. Prices can be changed at any time, so don’t be afraid to buy from a different company if a more affordable rate is found.
Staying with the same car insurance company is fine, but we do not recommend it if that inflexibility results in costing you a fortune every year. It only take a few minutes to compare prices and find cheaper insurance for 19 year olds in Tampa.