"Rising Car Insurance Costs: The Florida Perspective"

TL;DR Summary
Car insurance premiums in Florida have increased significantly, with the average annual full coverage premium reaching $3,941 in January 2024, 55% higher than the national average. Many residents are experiencing rising premiums despite having no recent accidents or tickets. To save money, insurance agents recommend considering raising deductibles, seeking additional discounts, and signing up for in-vehicle monitoring programs. There is hope for rate reductions in the future due to tort reform changes, but for now, Florida drivers are advised to be patient.
- Why are we paying more for car insurance in Florida? NBC 6 South Florida
- NEW REPORT: Car insurance costs rise due to thefts and fraud FOX 26 Houston
- Car Insurance Has Increased By 20 Percent In The Past Year GM Authority
- The insurance on my 2012 Mazda went up 72% to $233 a month!' Daily Mail
- Paying more for car insurance? You’re not alone ABC10
Reading Insights
Total Reads
0
Unique Readers
0
Time Saved
2 min
vs 3 min read
Condensed
83%
487 → 82 words
Want the full story? Read the original article
Read on NBC 6 South Florida