The best car insurance in Melbourne, FL

Nicole Wakelin

By

Nicole Wakelin

Nicole Wakelin

Automotive journalist

Nicole Wakelin is an automotive journalist who has covered the industry for over a decade. She’s always loved cars and the fact that they regularly hand her the keys to shiny new automobiles so she can write about them is a constant source of amazement. She covers breaking news, writes reviews, and attends auto shows and new vehicle launches across the country.

Her work has appeared in a wide range of publications both online and in print. These include U.S. News & World Report, The Boston Globe, TrueCar, Kelley Blue Book, and Autobytel. In addition, she speaks to all things automotive at conferences, on the radio, and on podcasts, including co-hosting the weekly Wheel Bearings Podcast.

Nicole is a current member and former Vice President of the New England Motor Press Association. She is also a juror for both the Women’s World Car of the Year and the North American Car, Truck and Utility of the Year.

Published October 22, 2021

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The average cost of a full coverage car insurance policy in Melbourne is $2,426 per year. That’s $488 less than the Florida state average of $2,914. Car insurance rates in Melbourne are lower than the state average since the city isn’t as densely populated as other areas in Florida.

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If you’re looking to get the lowest possible rate on car insurance, then you should shop around and get quotes from multiple companies. Policygenius can help you figure out which companies have the cheapest rates so you can compare coverage and find the right policy for you.

Key Takeaways

  • GEICO has the lowest average for full coverage car insurance in Melbourne at $1,348 per year

  • Florida minimum liability requirements are $10,000 in personal injury protection and $10,000 in property damage liability

  • Drivers can save on insurance costs by comparing quotes from multiple companies and reshopping their coverage once a year

Cheapest car insurance companies in Melbourne, FL

Insurance costs vary based on where you live, your age, your driving history, and the kind of car you drive. Each insurance company uses its own formula for determining rates, so you can get very different rates from two companies, even for the same coverage. 

Even within the same city, different ZIP codes can result in different rates. The table below shows the five cheapest car insurance companies in Melbourne along with their J.D. Power score.

Company

Average cost

JD Power Rating

GEICO

$1,348

871

State Farm

$1,473

881

Travelers

$1,840

861

Nationwide

$2,022

876

Mercury Insurance

$2,375

849

Cheapest car insurance rates by ZIP code in Melbourne, FL

Exactly where you live in a city can have a big impact on your car insurance rates. Insurance companies look at your ZIP code to assess factors in your neighborhood. 

These include the availability of secure parking or street parking, reports of thefts and vandalism, and even the number of accidents and traffic tickets issued near your house. Below are the car insurance rates for ZIP codes across Melbourne.

ZIP code

Average cost

32901

$2,467

32934

$2,419

32935

$2,434

32940

$2,385

Choosing the right car insurance company in Melbourne, FL

Choosing the right car insurance company may seem like a difficult task, but it’s easier than you might think. Consider the following factors:

  • Cost: To avoid overpaying, get quotes from multiple companies and compare

  • Coverage: Choose a policy with coverage that protects you, but don’t purchase more coverage than you need

  • Customer service: The service you get when you buy your policy is the same service you’ll get when filing a claim. If buying the policy wasn’t easy, then filing a claim won’t be any better

Policygenius will help you easily see how much you’ll pay for various levels of coverage so you can make an informed decision about the coverage you purchase.

Car insurance rates for drivers with driving violations in Melbourne, FL

The more violations you have on your driving record, the more you’ll pay, and some incidents raise your rates far more than others.

Do your best to keep a clean record and you’ll save money and avoid costly fees and fines. The table below shows the average annual car insurance rates in Melbourne for drivers with a variety of violations for GEICO, State Farm, Travelers, Nationwide, and Mercury Insurance.

Violation

GEICO

State Farm

Travelers

Nationwide

Mercury Insurance

At-fault Accident

$1,965

$1,714

$2,454

$2,833

$4,123

DUI

$2,536

$1,603

$2,758

$4,241

$3,497

Driving with a suspended license

$1,425

$1,603

$2,758

$4,241

$2,343

Driving with an open container

$1,425

$1,603

$2,329

$4,241

$3,497

Driving with expired registration

$1,425

$1,603

$2,329

$2,355

$3,426

Driving without Lights

$1,425

$1,603

$2,329

$2,031

$3,426

Failure to show documents

$1,425

$1,603

$2,329

$2,355

$3,426

Failure to stop at a red light

$1,425

$1,603

$2,329

$2,355

$3,426

Cheapest car insurance for drivers with bad credit in Melbourne, FL

Most insurance companies consider your credit score when determining your car insurance rate. The following table shows the five cheapest car insurance companies in Melbourne for drivers with bad credit.

Company

Rates for drivers with bad credit

GEICO

$2,664

State Farm

$2,735

UAIC

$2,745

Nationwide

$3,078

Direct Auto

$3,141

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Buying car insurance in Melbourne, FL

The state of Florida requires car insurance to register a vehicle, but it has very low minimums. Every registered vehicle must have:

  • Personal Injury Protection (PIP) $10,000 per accident

  • Property Damage Liability (PDL) $10,000 per accident

Proof of insurance must be provided at the time of registration and coverage must be maintained even if the vehicle is not being driven or is inoperable. Additionally, the policy must be from a company licensed in Florida. If you move to Florida from another state, speak with your agent about having that policy transferred.

Driving without the required insurance can result in a suspension of your driving privileges and license plate for up to three years. It may be reinstated, but it will require the payment of a $500 fee.

Florida is a no-fault state. This means that no one driver is named as being at-fault for an accident, and that drivers should seek coverage for their injuries from their own insurance company, even if another driver was at-fault.

This makes it especially important to have enough coverage in the event of an accident. Make sure you’re comfortable with any deductibles you choose and that the full amount of the coverage you select will cover any necessary repairs or medical bills incurred.

How to get cheap car insurance in Melbourne, FL

There are several ways to get cheap car insurance, including:

  • Driving Record: Avoid accidents and moving violations including speeding tickets to keep your rates low.

  • Watch your credit: Good credit will help you get a good car insurance rate while bad credit can raise your rates.

  • Shop around: Compare rates from multiple insurance companies to see which offers the best rates

  • Choose coverage carefully: Look at the coverage, including deductibles, and choose the best coverage for your needs.

  • Look for discounts: Car insurance companies offer a wide range of discounts including military, low mileage, safe driver, good student, and even professional discounts for groups including firefighters and teachers.

  • Bundle your coverage: Consider getting your home, boat or motorcycle insurance through the same carrier. This may get you a reduced rate on both policies.

Frequently asked questions

Who has the cheapest car insurance rates in Melbourne?

According to our data, the cheapest car insurance companies in Melbourne are GEICO and State Farm — but the cheapest for one driver isn’t necessarily the cheapest for another, so be sure to shop around and compare quotes.

How can I save on my car insurance in Melbourne?

There are a few things you can do to save on car insurance costs. Avoid accidents and violations, keep a good credit score, and get quotes from multiple companies to get the best rates.

Is Florida a no-fault state?

Yes, Florida is a no-fault state. This means that no one driver is determined to be at-fault for an accident and that each needs to file claims with their own insurance company.

Does Florida require car insurance?

Yes, Florida does require car insurance, but in very low amounts. You must have $10,000 each of Personal Injury Protection (PIP) and Property Damage Liability (PDL).

Methodology

Policygenius has analyzed car insurance rates provided by Quadrant Information Services for every ZIP code in all 50 states plus Washington, D.C. For full coverage policies, the following coverage limits were used:

  • Bodily injury liability: 50/100

  • Property damage liability: $50,000

  • Uninsured/underinsured motorist: 50/100

  • Comprehensive: $500 deductible

  • Collision: $500 deductible

In some cases, additional coverages were added where required by state or insurer.

Rates for overall average rate, rates by ZIP code, and cheapest companies determined using averages for single drivers ages 30, 35, and 45. Our sample vehicle was a 2017 Toyota Camry LE driven 10,000 miles/year.

Rates for driving violations and “Poor” credit determined using average rates for a single male 30-year-old driver with a credit score under 578.

Some carriers may be represented by affiliates or subsidiaries. Rates provided are a sample of costs. Your actual quotes may differ.