The words “low-priced” and “insurance” probably shouldn’t be used together, specifically when looking for the best car insurance rates for nurses. Because it’s so expensive, let’s start the ball rolling by going over some of the factors that determine insurance prices, and see how we can help you slash the price of your next policy.
Figuring out which companies quote the lowest-priced car insurance rates for nurses will require a little more effort in order to find the lowest price. Every insurance provider has their own process to establish rates, so to begin we’ll rank the lowest cost car insurance companies in Tampa, FL.
It’s important to know that Tampa, FL car insurance rates are impacted by many factors which can significantly increase or decrease the price of coverage. Simply getting older, increasing deductibles, or getting a ticket for careless driving may generate price changes resulting in some companies being more affordable than competitors.
Find the Cheapest Car Insurance for Health Occupations
USAA quotes some of the cheapest car insurance rates in Tampa at around $977 each year. Electric, Amica, Progressive, and Allied would also be considered some of the cheaper Tampa, FL car insurance companies.
As depicted above, if you currently buy coverage from Electric and switched to USAA, you might achieve an annual premium reduction of in the vicinity of $717. Drivers with Amica could save as much as $769 a year, and Progressive customers might reduce rates by $798 a year.
To find out how your current rates compare, click here to get a free quote or quote rates from the companies below.
Understand that those prices are averages for all insureds and vehicles and do not take into consideration a specific zip code for nurses. So the insurer that can offer you the best rate may not even be in the list above. That affirms the importance of why you need to compare rates from as many companies as possible using your own specific driver information and vehicle.
The car, truck, or SUV that needs insurance is probably the biggest factor that determines if you can find cheap insurance for nurses. Vehicles with high performance, poor passenger safety features, or a high likelihood of having liability claims will cost quite a bit more to insure than more modest models. The list below presents car insurance prices for the cheaper vehicles to buy coverage for.
|Vehicle Insured||Estimated Cost for Full Coverage|
|Ford Escape XLS 4WD||$1,939|
|Volkswagen Jetta S 2.5 Station Wagon||$2,106|
|Ford Explorer XLT AWD||$2,175|
|Honda CR-V LX 4WD||$2,184|
|Ford Edge Limited 2WD||$2,253|
|Honda Odyssey EX||$2,258|
|Dodge Grand Caravan Hero||$2,297|
|Ford F-150 FX2 Super Cab 2WD||$2,376|
|Jeep Wrangler Sport Islander Package 4WD 2-Dr||$2,404|
|Toyota Corolla XLE||$2,430|
|Toyota Camry XLE||$2,423|
|Hyundai Sonata GLS 4-Dr Sedan||$2,460|
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Table data represents single male driver age 40, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Florida minimum liability limits. Discounts applied include safe-driver, multi-vehicle, claim-free, multi-policy, and homeowner. Estimates do not factor in specific location which can decrease or increase price quotes substantially.
Based upon the rates shown, models like the Ford Escape, Volkswagen Jetta, Ford Explorer, Honda CR-V, and Ford Edge should be a few of the cheapest vehicles to insure for health professionals.
For health professionals, one of the big components that aid in calculating the annual cost of car insurance is the neighborhood you call home. Cities with more crime and/or more people tend to have higher auto insurance costs, whereas areas with lower vehicle theft rates and fewer weather claims benefit from having to pay less for coverage.
The information below rates the most costly cities in Florida for nurses to buy car insurance in. Tampa makes the list at #9 costing $2,558 for the average insurance policy, which is about $213 monthly.
|Rank||City||Average Per Year|
|6||West Palm Beach||$2,705|
|20||Port St. Lucie||$1,994|
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Price information shown is estimated as specific Tampa garaging address can increase or decrease premium rates noticeably.
Rate comparison of full coverage and liability-only
Saving money on car insurance should be important to most drivers, and one way to pay lower rates for insurance for nurses is to not buy full coverage. The information below illustrates the comparison of premium costs with full coverage and liability only. The costs are based on a clean driving record, no at-fault accidents, $250 deductibles, single marital status, and no discounts are factored in.
If we average the cost for ages 20 through 70, comprehensive and collision coverage on your policy costs $2,186 per year over liability only. That touches on the question if you should buy full coverage. There is no exact rule to stop buying physical damage insurance, but there is a broad guideline. If the annual cost of having full coverage is about 10% or more of the replacement cost minus the deductible, then you may want to consider only buying liability coverage.
For example, let’s assume your vehicle’s replacement value is $3,000 and you have $1,000 physical damage deductibles. If your vehicle is severely damaged, the most you would get paid by your company is $2,000 after the deductible is paid. If you are paying over $200 annually for your policy with full coverage, then it’s probably a good time to buy liability coverage only.
The chart below demonstrates how deductible levels can increase or decrease insurance costs when researching cheap insurance for nurses. The data assumes a single female driver, comp and collision included, and no discounts are factored in.
As shown above, a 30-year-old driver could lower rates by $526 a year by switching from a $100 deductible up to a $500 deductible, or save $794 by changing to a $1,000 deductible. Even younger drivers, such as the 20-year-old chart data, can save up to $1,174 annually just by using higher deductibles.
When insureds make the decision to increase the deductibles on their policy, it will be necessary to have enough savings set aside to satisfy the extra out-of-pocket expense, which deters some drivers from choosing higher deductibles.
Poor driving habits will raise your car insurance rates
In a perfect world, the ideal way to snag the cheapest car insurance rates for health professionals is to be an attentive driver and avoid accidents and traffic violations. The illustration below demonstrates how citations and fender-benders can affect insurance costs for different age categories. The premium estimates are based on a single female driver, full coverage, $500 deductibles, and no policy discounts are applied.
In the chart above, the average cost of an auto insurance policy in Tampa per year with no accidents and a clean driving record is $2,531. Add in two speeding tickets and the average cost increases to $3,389, an increase of $858 each year. Then include one accident along with the two speeding tickets and the 12-month cost of car insurance for nurses increases to an average of $4,260. That’s an increase of $1,728, or $144 per month, just for not being a responsible driver!
How to find economical insurance for nurses
It’s not impossible to find cheaper rates, and here are some of the recommended thrifty ideas that can help Florida drivers quote lower-cost car insurance.
- Increase the comprehensive and collision deductibles on your policy
- Just one traffic violation will increase your rates
- Do not insure for full coverage
- Prevent price hikes by avoiding at-fault accidents
- Claim-free policyholders usually earn a discount
- Compare rate quotes often
The last idea is especially necessary, as we noted in the article above. Prices can change considerably in a year, so don’t hesitate to switch companies if a lower price can be found. Loyalty to a specific company is fine, but it’s not recommended if that loyalty results in overpaying lots of hard earned cash every month. Now is a great time to compare rates and find cheaper auto insurance for nurses in Tampa.
If you have coverage questions and would like to get some guidance when shopping for cheaper insurance for nurses, the agents listed below can most likely help you determine which coverages are best. To locate an agency near you, click the link at the bottom.
State Farm: Stan White
3204 Cove Bend Dr – Tampa, FL 33613 – (813) 971-1123
Seibert Insurance Agency
5121 Ehrlich Rd #111 – Tampa, FL 33624 – (813) 960-4672
Global FIS – A Full Service Independant Insurance Agency
8710 W Hillsborough Ave #201 – Tampa, FL 33615 – (813) 343-0844
John Lang – State Farm Insurance Agent
4023 W Waters Ave #5 – Tampa, FL 33614 – (813) 885-2748