Tampa Car Insurance Information
Of all the cities in the State of Florida that have the most expensive rates of auto insurance, Tampa city was ranked at the 3rd position, after the cities of Miami and Jacksonville. Vehicle owners in the city of Tampa pay 2.5 times/ 250% more than national average.
The annual average rates of auto insurance in Tampa, Florida is approximately $2,215/ year in comparison to the nationwide average of $900. This makes it necessary to shop for few quotes of auto insurance before purchasing your car insurance policy.
The table below clearly shows the average auto insurance cost of Tampa, Florida State and the national average.
CHEAPEST CAR INSURANCE COMPANIES IN Tampa
In order to determine the company with the cheapest auto insurance rates, we compared the rates of various auto insurance firms that are based in Tampa. It’s also worth noting that the rates of car insurance tend to vary depending on the age or sex of the driver. However, the biggest factor that affects costs is the variability in the quotes of the companies. For instance, in Tampa, the firm with highest auto insurance quote was Direct General with an annual rate of $2896 while the firm with the cheapest auto insurance quote that was Electric Insurance with a rate of $984. Therefore, we encourage our customers to obtain auto insurance quotes from a minimum of 3 car insurance firms so that they can make a comparison on the rates and select the most affordable auto insurance coverage.
To make things even easier for you, we’ve made a list of the top 9 cheapest auto insurance firms in Tampa together with their annual auto insurance rates in the table below.
| Rank | Car insurance company name | Annual Rate |
|---|---|---|
| 1 | Direct General | $2896 |
| 2 | Mercury Insurance | $2668 |
| 3 | Allied Insurance | $1823 |
| 4 | Amica | $1571 |
| 5 | Liberty Mutual | $1563 |
| 6 | Allstate | $1224 |
| 7 | Electric Insurance | $984 |
Tampa Car Insurance Rate by Zip Code
Data recorded in the above table compares the rates of auto insurance in Tampa of 3 different zip codes. We’re trying to give an explanation of how auto insurance rates tend to change from one zip code to another. For instance, in Tampa, the average rate of auto insurance is $1572 at 33647 zip code (New Tampa), whereas the average rate of auto insurance is $1924 at 33605 zip code (Downtown Tampa). We can clearly note that there is a price increase of about $350/ year as zip codes in Tampa change. Some factors that cause zip code to affect auto insurance rates in Tampa include; uninsured motorist, theft and crime.
Zip codes with the most expensive auto insurance rates in Tampa include; 33603, 33605, 33614, 33607 and 33604 while those with the cheapest rate include; 33650, 33647, 33549, 33569 and 33592.
Therefore, it’s essential that you select the correct zip code when searching for auto insurance so that you get the most affordable rate of auto insurance in Tampa. Luckily, this is exactly what Network auto insurance does for you. We can assist you select the appropriate zip code when insuring your car to ensure that you get the cheap auto insurance in Tampa.
| Tampa Zip Codes | Area | Average Rate($) |
|---|---|---|
| 33611 | South Tampa | 1605 |
| 33605 | Downtown Tampa | 1924 |
| 33647 | New Tampa | 1572 |
Tampa CAR INSURANCE RATES BY AGE
| Age | Average car insurance rate ($) |
|---|---|
| 70 | 2946 |
| 60 | 2596 |
| 50 | 2551 |
| 40 | 2724 |
| 30 | 2774 |
| 20 | 3653 |
| Teenagers | 8052 |
The age of the driver affects premiums in auto insurance. Since there is nothing one can do about their age, it’s good to be recognize how age affects auto insurance rates when looking for affordable car insurance.
The table below contains data that compares the average rate of auto insurance in Tampa for various age groups. We’re attempting to give an explanation of how the rates of auto insurance change with the driver’s age. We can clearly see that the auto insurance premium for the teenage drivers is the highest with average payment of about $8,052/ year. When drivers in Tampa move out of the teenage age range, their premium decrease by $4,400. These rate continue to decrease as the age of the driver increases. However, drivers in Tampa reach the age of 60 years, their auto insurance rate starts to rise.
Additionally, auto insurance rates within the age range of 30 to 70 years becomes stable. You can therefore obtain the cheapest auto insurance rate within this age range.
We’ll help you select the right family member to get your car insurance to ensure that you get the cheapest auto insurance rate in Tampa, Florida.
