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How Are Sarasota Auto Insurance Rates Calculated?

for Bradenton, Sarasota, Lakewood Ranch and Beyond

Mar 02, 2016

Shopping for auto insurance typically doesn’t top the list of thrilling things to do as an adult. But the peace of mind you can find from getting the right coverage is worth it. And when you find the best rates for the coverage you need, it’s just icing on the cake.

Since auto insurance rates are calculated based on many factors, it may seem like a daunting task to find the best coverage and price for your situation. Arming yourself with the knowledge of how auto insurance rates are calculated in Sarasota can help you feel good about your purchasing decision.

Your Driving History

You would think your auto insurance rates would be calculated based solely on your own driving history. While that does factor in to the final price, much of the rate you get has been calculated based on demographics, statistics, and how you fit into those.

You can certainly help your cause in getting the best rates for auto insurance by slowing down to avoid tickets and doing your best to avoid accidents.


Statistically speaking, younger drivers get more tickets and are in more accidents, so their rates are typically higher. Once you reach the age of 26, you can expect your rates to level out for a few decades – and then go up again as you reach your senior years.


Women are statistically in fewer accidents than men, so they generally receive lower rates.

Zip Code

Live in an urban area? Expect to pay a higher auto insurance rate as urban areas have more traffic and more auto theft.

Marital Status

Wedding bells bring more than bliss and happily ever after. When you’re married, you can also expect to see a drop in your auto insurance rates, as statistics show married people are in fewer accidents than single people.

The Deductible You Choose

A higher deductible will give you a lower monthly rate, but that shouldn’t be the only factor in how you choose your deductible. If you can keep your deductible amount in savings, it may benefit you to go for the higher deductible. But if you’re not sure you’d be able to cough up that deductible if the time came, you’re better off paying a higher rate and keeping a lower deductible.

Make and Model of Your Car

Sometimes, you may see a lower rate if you have a newer, safer model car.

Likewise, if your car is old and not very valuable, choosing not to purchase full coverage on it could offer you a lower rate.

Car Insurance Discounts

Talk with us to see if you qualify for any further discounts. Some companies offer savings if your teen driver has good grades, if you live close to where you work, if you work in a certain industry (such as education or public service), and if you show loyalty to the insurance company by purchasing more of their insurance products.

The cheapest rate isn’t always the best option, as it may not offer you the coverage you really need. Check out our recent blog post on 6 ways to lower your auto insurance rates.

If you live in Sarasota don’t hesitate to give Bradenton Insurance a call so we can help you determine the best auto insurance policy for your situation. Visit our website, or give us a call at (941) 748-0511.

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