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If you're looking for the best and cheapest car insurance in Palm City, then you're in luck. Our team of experts at Insurance.com has analyzed major auto insurance carriers across Palm City and prepared this guide for you.

The average cost of auto insurance in Palm City for full coverage is $2,370 per year for the profile of a 30-year-old driver. However, your rates will vary depending on your driving record, age, and the amount of coverage you purchase.

The following guide will help you find the best car insurance companies in Palm City. It also includes information on carriers with high customer satisfaction rates, as well as their respective insurance premium for your specific needs and situation.

Cheapest car insurance companies in Palm City

According to a study by Insurance.com, the cheapest car insurance companies in Palm City for 2023 are State Farm and Geico.

State Farm is the cheapest option for most Palm City drivers, with an average annual rate of $1,571.

Car insurance cost may vary in Palm City based on your location, driving record, coverage level and the insurance company you choose. Increase your chances of getting the best deal by comparing car insurance quotes from multiple carriers. The following companies are known to offer the cheapest auto insurance rates in Palm City

CompaniesAverage Annual Rates
State Farm$1,571
Geico$1,591
Nationwide$2,070
Travelers$2,103
Mercury Insurance$2,232
National General Insurance$2,645
Allstate$2,719
Farmers$3,195
Progressive$3,205

Cheapest car insurance cost in Palm City by Age Group

The cheapest auto insurance company in Palm City for teen drivers is State Farm. For full coverage, its average annual rate for Palm City drivers is $4,340. Insurance companies put teenagers in the category of high-risk drivers, and as a result they are charged higher rates for insurance.

However, teen drivers can keep their insurance rates low by taking advantage of the good student discount or by staying on your parents' car insurance policy for as long as possible.

State Farm is the cheapest car insurance company for young adults. It offers full coverage auto insurance for young drivers in Palm City at about $2,609 per year.

You'll find that car insurance rates are much lower by the time drivers reach their 30s than they are for drivers in their 20s. The cheapest auto insurance company for adult drivers in Palm City is the State Farm. Its average rate for a full coverage car insurance policy is $1,592 per year.

If you are a senior driver in Palm City and looking for a cheap car insurance company, then consider buying insurance from the Geico. It is the cheapest auto insurance company for senior drivers with an average premium of $1,503 per year.

CompaniesAdultsSeniorsTeensYoung Adults
Allstate$2,724$2,736$11,619$3,939
Farmers$3,240$3,624$11,735$4,539
Geico$1,667$1,503$4,680$2,850
Mercury Insurance$2,388$2,411$14,467$4,890
National General Insurance$2,805$2,783$6,210$3,964
Nationwide$2,072$2,111$6,935$3,065
Progressive$3,230$3,454$9,519$4,941
State Farm$1,592$1,525$4,340$2,609
Travelers$2,148$2,124$7,679$3,327

Cheapest car insurance companies in Palm City by driver profile

Car insurance rates in Palm City vary by driver profile. Drivers with a history of accidents or tickets on their record will likely pay more for car insurance than those without any driving violations.

To find the cheapest car insurance company in Palm City, it's important to compare auto insurance rates from multiple providers. This way, you can find the best deal that meets your needs and budget.

Here are some of the cheapest car insurance companies in Palm City based on driver profile.

Cheapest for a driver with poor credit: State Farm

The cheapest car insurance company for a driver with poor credit is State Farm. It offers auto insurance for Palm City drivers at about $2,753 per year.

Below is a list of carriers that offer car insurance at an affordable rate for drivers with poor or less-than-perfect credit score.

CompaniesAverage Annual Rates
State Farm$2,753
Geico$2,919
Nationwide$3,124
Mercury$3,423
Travelers$4,287
Farmers$4,849
Allstate$4,945
Progressive$5,113

Cheapest for drivers with a speeding ticket: State Farm

State Farm offers the cheapest auto insurance rates for drivers with a speeding ticket in Palm City. It offers full coverage car insurance for drivers age 30 at about $1,677 per year.

Remember that the cheapest car insurance company for you may not be the cheapest company for someone else. Ensure you compare car insurance quotes from various carriers to secure the most favorable deal. This way, you can find the insurance company that offers the best rates and coverage for your specific needs.

CompaniesAverage Annual Rates
State Farm$1,677
Geico$2,200
Nationwide$2,521
Allstate$2,719
Travelers$2,996
Mercury$3,053
Farmers$3,888
Progressive$4,397

Cheapest auto insurance after an at-fault accident: State Farm

State Farm is the cheapest auto insurance provider for drivers with a history of accidents. Its average annual rate for a driver with an at-fault accident in Palm City is $1,783. If you've had an accident in the past, it's important to find a provider that offers rates that are affordable and won't hurt your pocket.

CompaniesAverage Annual Rates
State Farm$1,783
Geico$2,307
Nationwide$2,836
Travelers$2,923
Allstate$4,237
Mercury$4,393
Farmers$4,557
Progressive$4,978

Cheapest auto insurance after a DUI: State Farm

State Farm is the carrier that offers cheap auto insurance rates in Palm City for drivers after a DUI. Its average annual rate for full coverage is $1,677.

If you are convicted of a DUI, your auto insurance rates are likely to go up. To obtain the best possible offer, it is essential to compare car insurance quotes from multiple carriers.

CompaniesAverage Annual Rates
State Farm$1,677
Geico$2,899
Travelers$3,252
Farmers$3,439
Allstate$3,539
Mercury$3,670
Progressive$3,765
Nationwide$4,182

Average car insurance cost in Palm City

The average car insurance rate in Palm City for full coverage is $2,370 per year or $198 a month. These rates are for coverage level of 100/300/100. Whereas the average rate for state minimum coverage in Palm City is $836 per year.

You pay more for full coverage insurance than the state minimum, but it covers damage to your car besides providing coverage for other driver's vehicle. To lower your premium, consider comparing quotes from different companies.

Average Annual RatesState Minimum Average
$2,370$836

Methodology

Insurance.com commissioned 2022 data for the cheapest car insurance rates in cities from Quadrant Data Services for all 50 states and Washington D.C. Rates are based on the following profile:

  • 40-year-old male driver
  • Honda Accord LX
  • 12-mile daily commute, 10,000 annual miles
  • Good credit
  • Clean record

While the rates for drivers with poor credit, speeding tickets, DUI and at-fault accidents were sourced from the Auto Problems Report 2022.

Rates are based on coverage limits of:

  • $100,000 bodily injury per person
  • $300,000 bodily injury per accident
  • $100,000 property damage per accident
  • $500 comprehensive and collision deductible

Insurance.com analyzed rates from over 34,000 ZIP codes, 56 million quotes, and 136 companies. Rates sourced from Quadrant Data Services are for comparison purposes only; your rates may differ.

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