loss Florida residents will see a 56% increase in the cost of their car insurance in 2023 And the situation will be worse in the south of the state.
He The annual average for a policy in the state is $2,762But rates are more expensive in South Florida.
For example, If you live in Hialeah, you pay an average of $3,700 for your car insurance, ie, a 37% higher than the rest of the stateIn Miami Pays 34% MoreIn Fort Lauderdale up 17% above the state average and in Pembroke Pines UN 14% Ahead.
“When insurance companies have to pay more to settle some claims, premiums without a doubt have to go up,” said Andre L. Cory, a representative for AAA in Florida.
Inflation affects, but also certain events, such as Your credit record, type of vehicle insured and your driving behaviour.
For example, Your policy could increase by 19% if you get a speeding ticket, 38% if you cause a car accident, and 61% if you have an IUD.
Here are some ways to reduce the effect
- Compare prices and find multiple quotes.
- Drive safely to avoid accidents.
- use some safety equipment
- Take advantage of discounts or special programs companies offer for seniors or students
Another way to reduce this increase in policy is Download the mobile application of your auto insurance companyBecause on many occasions they offer a discount of between 2% and 8% if you allow them to track your driving.
Miami-Dade offers up to $35,000 for first home purchases