Who Has Cheap Auto Insurance Rates for Hybrid Vehicles in Tampa?

Deciphering which companies quote the cheapest auto insurance rates for hybrid vehicles may require a little more effort than just comparing rates from one or two companies. Every insurance company has their own unique process for setting rates, so let’s take a look at the most budget-friendly auto insurance companies in Tampa, FL.

Best Cheap Insurance Rates for Hybrids

Compare Rates Today

Who has the cheapest car insurance in Florida?
Rank Company Cost Per Year
1 USAA $948
2 Electric $1,694
3 Amica $1,764
4 Progressive $1,847
5 Mercury $1,914
6 Allied $1,926
7 Travelers $1,945
8 Esurance $2,040
9 GEICO $2,108
10 State Farm $2,131
11 Auto-Owners $2,171
12 Allstate $2,411
13 21st Century $2,445
14 Windhaven Insurance $2,653
15 MetLife $2,958
16 Hanover $2,964
17 Safeco $3,016
18 Liberty Mutual $3,131
19 United Automobile $3,422
20 Direct General $3,942
Find Your Rate Go

USAA generally has some of the lowest car insurance rates in Tampa at around $948 annually. Electric, Amica, Progressive, and Mercury also make the cut as some of the more affordable Tampa, FL insurance companies.

As depicted above, if you currently have coverage with Mercury and switched to Electric, you could earn a yearly savings of in the vicinity of $220. Florida drivers with Allied may save as much as $232 a year, and Travelers insureds might cut rates by $251 a year.

Remember that these rates are averaged across all drivers and vehicles and and are not calculated with a specific location for hybrid vehicles. So the auto insurance company that is best for you may not even be in the top 21 companies in the list above. That helps illustrate why you need to get rate quotes from many companies using your own personalized driver profile and vehicle information.

The make and model of vehicle on the policy is a significant factor in finding the best car insurance for hybrid vehicles. Vehicles with higher performance characteristics, poor passenger safety features, or high incidents of liability claims will cost quite a bit more to insure than more modest models. The information below shows insurance premiums for a handful of the most affordable automobiles to buy coverage for.

Cheapest Vehicles to Insure in Tampa, FL
Make and Model Estimated Cost for Full Coverage
Honda CR-V EX 2WD $1,873
Honda Accord EX 4-Dr Sedan $2,147
Honda Odyssey EX W/Rear Entertainment $2,172
Ford Focus SE 4-Dr Sedan $2,182
Ford Escape XLT 4WD $2,193
GMC Sierra SLE Regular Cab 2WD $2,215
Chevrolet Malibu LT $2,255
Toyota Tacoma Double Cab TRD Sport Package 4WD $2,265
Toyota Corolla S $2,333
Ford F-150 XLT Regular Cab 2WD $2,358
Chevrolet Silverado 3500HD LT Crew Cab 2WD $2,417
Kia Optima SX $2,535
Chevrolet Silverado LTZ Extended Cab 2WD $2,542
Nissan Altima 2.5 4-Dr Sedan $2,538
Toyota Camry LE $2,547
Jeep Grand Cherokee Laredo 4WD $2,538
Toyota Prius $2,554
Compare Cheap Rates Go

Data assumes single female driver age 30, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Florida minimum liability limits. Discounts applied include multi-policy, homeowner, safe-driver, claim-free, and multi-vehicle. Table data does not factor in specific location information which can impact auto insurance rates noticeably.

Looking at the rates, you can see that vehicles like the Honda CR-V, Honda Accord, Honda Odyssey, Ford Focus, and Ford Escape are most likely going to be some of the most economical vehicles to insure for hybrids.

Best auto insurance in Tampa

Ending up with the best company can be a challenge considering how many different companies insure vehicles in Tampa. The company rank data shown below may help you choose which providers to look at purchasing coverage from.

The rankings below are only comprised of companies with a national presence, so smaller regional companies are not included in this list. To check rates from these companies and more, click here.

Top 10 Large Car Insurance Companies Overall in Tampa

  1. Travelers
  2. USAA
  3. Mercury Insurance
  4. AAA Insurance
  5. Nationwide
  6. Allstate
  7. State Farm
  8. The Hartford
  9. Safeco Insurance
  10. Progressive

Types of discounts on Tampa insurance rates

Discounts on auto insurance for hybrid vehiclesCar insurance companies that offer cheap quotes for hybrid vehicles may have rate discounts that can reduce rates by 25% or more if you qualify. Large auto insurance companies and some of their more popular discounts are shown below.

The illustration below shows the comparison of insurance costs with and without discounts applied. The premiums assume a female driver, no tickets, no at-fault accidents, Florida state minimum liability limits, full physical damage coverage, and $100 deductibles.

The first bar for each age group shows the average annual price with no discounts. The lower bar shows the rates with marriage, claim-free, homeowner, safe-driver, accident-free, and passive restraint discounts applied. In this example, the average savings per year on auto insurance for hybrid vehicles is 28% or $625.

How to find budget-friendly auto insurance for hybrid vehicles

Below you’ll find some thrifty solutions that can help you find low-cost auto insurance.

That final tip is extremely necessary, as was emphasized in the prior information. Prices charged by companies in Tampa can change significantly in a year, so you should be ready to switch companies if a lower price can be found. Staying with the same company for years is fine, but we do not recommend it if that devotion results in you overpaying a lot of money. It only takes a couple minutes to compare rates and find cheaper car insurance for hybrid vehicles.

The insurance agents in Tampa listed below can aid you in deciding which coverages and limits you need, as many people would rather get some professional advice when trying to find the best insurance rates for hybrid vehicles. It’s not always simple to find the cheapest auto insurance company, so a licensed agent can provide comfort knowing your policy gives you adequate coverage when you need it most. To find a Tampa insurance agency in your neighborhood, click the button at the bottom of the list or click here to compare prices now.

Find a Tampa, FL insurance agent near you