Car Insurance Cost in Miami, FL – 2023 Rates + Rankings

How much does car insurance cost in Miami, FL? Sit back and find out as we compare cheap rates for over 150 cars, trucks, and SUVs in Miami, Florida.

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How much does car insurance cost in Miami?

In Miami, the average cost to insure a vehicle is $2,544 per year, which is 51% more than the U.S. overall average rate of $1,685. Per month, Miami drivers can expect to pay an average of $212 for full coverage auto insurance.

The average car insurance expense in Florida is $2,196 per year, so Miami, FL, drivers pay an average of $348 more per year than the overall Florida state-wide average rate. The average cost of auto insurance in Miami compared to other Florida locations is around $652 per year more than in Jacksonville, $68 per year more than in Tampa, and $302 per year more expensive than in St. Petersburg.

The next chart summarizes car insurance cost in Miami, Florida, for different common policy situations. Rates are averaged for all Miami Zip Codes and shown for a variety of different driver ages, policy deductibles, and policy risk factors.

Get Rates in Your AreaWhy is this important?

Chart Data Details: Average rates are for the 2023 model year with safe driver and claim-free discounts applied to qualifying risk profiles. Discount Rate includes all possible rate discounts including multi-vehicle, multi-policy, homeowner, and others. Physical damage deductibles are $500 except for low and high deductible estimates which are $100 and $1,000, respectively. Average car insurance cost in Miami includes all Zip Codes and vehicle trim levels.Data last updated on December 30, 2022
Miami, FL, Car Insurance Cost by Driver Risk Profile
2023 Average Car Insurance Cost in Miami, FL
Driver Risk Profile Annual Rate Monthly Rate
High Risk Driver Age 30$5,776$481
Safe Driver Age 20$5,058$422
At-fault Accidents Age 40$3,588$299
Low Deductibles Age 40$3,316$276
Safe Driver Age 30$2,680$223
Safe Driver Age 40$2,544$212
Safe Driver Age 50$2,316$193
Safe Driver Age 60$2,274$190
High Deductibles Age 40$2,148$179
Discount Rate Age 40$2,112$176

Average rates in the chart range from $2,112 per year for a 40-year-old driver who qualifies for many discounts to $5,776 per year for a 20-year-old driver with too many violations and accidents. The rate used in this article to compare different vehicles is the 40-year-old safe driver rate, which is an average cost of $2,544 per year.

As a monthly amount, the average cost to insure a vehicle in Miami ranges from $176 to $481 for the same annual rate data shown in the chart above.

Car insurance rates vary considerably and are impacted by a lot of factors. Due to the high likelihood of rate variability, this stresses the need to get accurate auto insurance quotes when looking for the cheapest Miami car insurance.

Driver age significantly impacts the cost of auto insurance, so the list below details how age impacts cost by breaking out average car insurance rates in Miami for young, middle-age, and senior drivers.

Average car insurance rates in Miami for drivers age 16 to 60

  • 16-year-old driver – $9,110 per year or $759 per month
  • 17-year-old driver – $8,520 per year or $710 per month
  • 18-year-old driver – $7,958 per year or $663 per month
  • 19-year-old driver – $7,204 per year or $600 per month
  • 20-year-old driver – $5,058 per year or $422 per month
  • 30-year-old driver – $2,680 per year or $223 per month
  • 40-year-old driver – $2,544 per year or $212 per month
  • 50-year-old driver – $2,316 per year or $193 per month
  • 60-year-old driver – $2,274 per year or $190 per month

The rates above for teen drivers were based on a male driver. The next chart goes into more detail for teenage car insurance rates and illustrates average car insurance rates for teenagers by gender. Females are generally cheaper to insure, especially up to age 20.

Get Rates in Your AreaWhy is this important?

Chart Data Details: Teenage driver rates are for the 2023 model year with $500 physical damage deductibles. Average car insurance cost in Miami includes all Zip Codes and vehicle trim levels.Data last updated on December 30, 2022
Car Insurance Cost for Teens in Miami, Florida
Average Car Insurance Cost in Miami, FL for Teenage Drivers
Gender Driver Age 16 Age 17 Age 18 Age 19
Male$9,110$8,520$7,958$7,204
Female$8,018$7,568$6,904$6,404

Car insurance for a 16-year-old female driver in Miami costs an average of $1,092 less than a male driver per year, while at age 19, the cost difference is smaller but males still pay $800 more per year.

The rates mentioned previously consist of an average based on every 2023 vehicle model, which is suitable when making big picture comparisons like the average cost difference between two Florida cities. For more useful auto insurance comparisons, however, we will get better data if we use rates for the specific model of vehicle being insured.

In the next few sections of this article, we go into much more detail for specific models, but for now, let’s just look at a handful of the more popular vehicles to see how car insurance prices measure up in Miami.

The chart below displays the cost of car insurance in Miami for some of the more popular cars, trucks, and SUVs.

Get Rates in Your AreaWhy is this important?

Chart Data Details: Average Miami car insurance cost is based on 2023 model year vehicles with safe driver and claim-free discounts applied. Physical damage deductibles are $500 and rates are averaged for all Miami Zip Codes.Data last updated on December 30, 2022
Miami, FL, Car Insurance Rates for Popular Vehicles
Miami, FL, Car Insurance Rates for Popular Vehicles
Make/Model Annual Rate Monthly Rate
Subaru Forester$2,146$179
Honda CR-V$2,156$180
Ford Escape$2,330$194
Nissan Rogue$2,338$195
Toyota RAV4$2,356$196
Nissan Sentra$2,360$197
Toyota 4Runner$2,382$199
Toyota Camry$2,416$201
Honda Pilot$2,446$204
Ford F150$2,586$216
Hyundai Santa Fe$2,608$217
Jeep Cherokee$2,762$230
Ram Truck$2,780$232
Chevrolet Silverado$2,782$232

The vehicles that have high popularity in Miami tend to be small or midsize cars like the Honda Civic, Hyundai Elantra, and Kia K5 and compact or midsize SUVs like the Toyota RAV4 and Ford Explorer.

Other popular models from other vehicle segments include luxury SUVs like the Infiniti QX60 and Lexus RX 350, luxury cars like the Lexus ES 350 and Infiniti Q50, and pickup trucks like the Ram 1500 and Chevy Silverado.

We explore more rates a little farther in this article, but first, let’s look at the comparisons and key concepts that were covered up to this point.

  • Auto insurance rates decrease substantially in your twenties – The average 30-year-old Miami driver will pay $2,378 less annually than a 20-year-old driver, $2,680 compared to $5,058.
  • Miami auto insurance rates are more expensive than the Florida state average – $2,544 (Miami average) compared to $2,196 (Florida average)
  • Teenage females have cheaper rates than teen males – Female drivers age 16 to 19 pay $800 to $1,092 less per year than their male counterparts.
  • Miami car insurance cost is more than the U.S. average – $2,544 (Miami average) versus $1,685 (U.S. average)
  • Car insurance gets cheaper as you get older – Car insurance rates for a 50-year-old driver in Miami are $2,742 per year cheaper than for a 20-year-old driver.
  • Average car insurance cost per month ranges from $190 to $759 – That’s the average car insurance cost range for drivers age 16 to 60 in Miami.
  • Low deductibles cost more than high deductibles – A 20-year-old driver pays an average of $1,324 more per year for a policy with $250 deductibles versus $1,000 deductibles.

What are the cheapest vehicles to insure in Miami?

The models with the lowest cost average insurance prices in Miami tend to be compact SUVs like the Nissan Kicks, Chevrolet Trailblazer, Buick Encore, and Nissan Rogue Sport.

Average auto insurance rates for those small SUVs cost $2,032 or less per year, or $169 per month, to have full coverage.

Additional vehicles that rank well in our insurance cost comparison are the Honda HR-V, Acura RDX, Subaru Forester, and Hyundai Kona.

Average auto insurance rates are a few dollars per month higher for those models than the crossovers and small SUVs that rank at the top, but they still have average rates of $2,156 or less per year, or $180 per month.

The next table ranks the cheapest vehicles to insure in Miami, ordered by annual cost.

Top 30 Cheapest Auto Insurance Rates in Miami
Rank Make/Model Annual Cost Monthly Cost
1Chevrolet Trailblazer$1,926$161
2Subaru Crosstrek$1,942$162
3Nissan Kicks$1,952$163
4Honda Passport$1,976$165
5Nissan Rogue Sport$1,984$165
6Mazda CX-5$1,998$167
7Buick Encore$2,026$169
8Buick Envision$2,032$169
9Kia Seltos$2,060$172
10Subaru Ascent$2,070$173
11Hyundai Venue$2,074$173
12Subaru Impreza$2,106$176
13Ford Maverick$2,110$176
14Honda HR-V$2,114$176
15Chevrolet Colorado$2,116$176
16Acura RDX$2,122$177
17Hyundai Kona$2,134$178
18Subaru Forester$2,146$179
19Ford Edge$2,154$180
20Honda CR-V$2,156$180
21Mazda CX-30$2,160$180
22Ford Explorer$2,166$181
23Volkswagen Atlas$2,170$181
24Chevrolet Trax$2,184$182
25Nissan Murano$2,186$182
26Subaru Outback$2,188$182
27Nissan Frontier$2,194$183
28Volkswagen Tiguan$2,210$184
29Ford Bronco Sport$2,216$185
30Fiat 500X$2,252$188

    Get Rates in Your AreaWhy is this important?

    Table Data Details: Average car insurance rate for each model assumes a 40-year-old married male driver with a clean driving record and no at-fault accidents. Safe driver and claim-free discounts are applied to premiums. Full coverage physical damage deductibles are $500 and rates are averaged for all Zip Codes in Miami, FL.Data last updated on December 29, 2022
    Top 30 Cheapest Auto Insurance Rates in Miami

    A list of 30 of the cheapest vehicles to insure in Miami is fine if you just want the lowest rates. Considering the fact that we rate over 700 vehicles, less than 4% of makes and models are shown in the table. So let’s dig deeper and display the models with the cheapest rates in a format that is more usable, by automotive segment.

    The section below goes into more detail about the average cost of car insurance for each different vehicle segment. This will provide a good understanding of which types of vehicles have the overall most affordable average auto insurance rates. Then the sections after the chart show the 20 models with the cheapest rates in each unique segment.

    Miami auto insurance rates by automotive segment

    If you’re looking around at new or used cars, it’s useful to have a basic understanding of which types of vehicles are cheaper to insure. To illustrate this, maybe you’re wondering if midsize SUVs have cheaper insurance than full-size SUVs or which size of pickup has the cheapest rates.

    The next chart shows average car insurance rates in Miami for different vehicle segments. When comparing rates from a segment perspective, compact SUVs and midsize pickup trucks tend to have the least expensive average rates, while sports cars and performance luxury models have the most expensive rates.

    Get Rates in Your AreaWhy is this important?

    Chart Data Details: Average Miami car insurance cost by segment is based on 2023 model year vehicles with safe driver and claim-free discounts applied. Physical damage deductibles are $500 and rates are averaged for all Miami Zip Codes.Data last updated on December 30, 2022
    Average Miami, FL, Auto Insurance Rates by Vehicle Segment
    Miami Car Insurance Rates by Vehicle Segment
    Vehicle Segment Annual Rate Monthly Rate
    Compact SUV$2,314$193
    Midsize Pickup$2,402$200
    Midsize SUV$2,480$207
    Minivan$2,494$208
    Compact Car$2,534$211
    Midsize Car$2,594$216
    Compact Luxury SUV$2,750$229
    Half-ton Pickup$2,760$230
    Large SUV$2,782$232
    Compact Luxury Car$2,798$233
    Heavy Duty Pickup$2,924$244
    Midsize Luxury SUV$2,954$246
    Large Car$2,956$246
    Midsize Luxury Car$3,232$269
    Sports Car$3,476$290
    Large Luxury SUV$3,736$311
    Large Luxury Car$3,926$327

    Rates by segment are fine for blanket comparisons, but rates range significantly within each vehicle category listed in the above chart.

    For example, in the midsize SUV segment, Miami insurance rates range from the Honda Passport at $1,976 per year up to the Rivian R1S costing $3,110 per year.

    As another example, in the midsize truck segment, insurance rates range from the Ford Maverick at $2,110 per year to the Rivian R1T costing $3,162 per year, a difference of $1,052 within that segment.

    In the sections going forward, we remove some of this variability by comparing the cost of car insurance in Miami for specific cars, trucks, and SUVs.

    Cheapest cars to insure in Miami

    The top five cheapest non-luxury sedans and hatchbacks to insure in Miami are the Subaru Impreza, Volkswagen Jetta, Subaru Legacy, Nissan Sentra, and Toyota Corolla. Rates for for these five models range from $2,106 to $2,386 per year.

    Also ranking well in our comparison are cars like the Volkswagen Golf, Toyota Camry, Toyota Prius, and Mazda 3, with an average car insurance cost of $2,452 per year or less.

    As a cost per month, full-coverage insurance on this segment in Miami for a middle-age safe driver can cost as low as $176 per month, depending on where you live and the company you use.

    If rates are ranked by vehicle size, the most budget-friendly compact car to insure in Miami is the Subaru Impreza at $2,106 per year, or $176 per month. For midsize models, the Subaru Legacy is cheapest to insure at $2,342 per year, or $195 per month. And for full-size non-luxury cars, the Chrysler 300 is the cheapest model to insure at $2,480 per year, or $207 per month.

    The comparison table below ranks the twenty cars with the lowest-cost auto insurance rates in Miami, starting with the Subaru Impreza at $176 per month and ending with the Volkswagen Arteon at $222 per month.

    Cheapest Cars to Insure in Miami, FL
    Make/Model Vehicle Size Annual Cost Monthly Cost
    Subaru ImprezaCompact$2,106$176
    Volkswagen JettaCompact$2,322$194
    Subaru LegacyMidsize$2,342$195
    Nissan SentraCompact$2,360$197
    Toyota CorollaCompact$2,386$199
    Volkswagen GolfCompact$2,392$199
    Toyota PriusCompact$2,398$200
    Toyota CamryMidsize$2,416$201
    Mazda 3Compact$2,438$203
    Kia K5Midsize$2,452$204
    Chevrolet MalibuMidsize$2,474$206
    Chrysler 300Full-size$2,480$207
    Honda CivicCompact$2,490$208
    Kia ForteCompact$2,496$208
    Mitsubishi Mirage G4Compact$2,506$209
    Nissan LeafCompact$2,562$214
    Honda AccordMidsize$2,570$214
    Toyota CrownMidsize$2,582$215
    Tesla Model 3Midsize$2,598$217
    Volkswagen ArteonMidsize$2,666$222

      Get Rates in Your AreaWhy is this important?

      Table Data Details: Average rates are based on 2023 model year, 40-year-old married male driver with a clean driving record and no at-fault accidents. Safe driver and claim-free discounts are applied to policy premium, which is averaged for all vehicle trim levels. Full coverage physical damage deductibles are $500 and rates are averaged for all Zip Codes in Miami, FL.Data last updated on December 30, 2022
      Cheapest Cars to Insure in Miami, FL

      See our guides for compact car insurance, midsize car insurance, and full-size car insurance to compare rates for all makes and models.

      Don’t see your vehicle? Enter your zip code at the bottom of the above table and click the orange ‘GO’ button to get free Miami car insurance quotes from the best auto insurance companies in Florida.

      Cheapest SUV insurance rates in Miami

      The four cheapest SUVs to insure in Miami are the Chevrolet Trailblazer at $1,926 per year, Subaru Crosstrek at $1,942 per year, Nissan Kicks at $1,952 per year, and Honda Passport at $1,976 per year.

      Additional models that have cheaper rates include the Mazda CX-5, Subaru Ascent, Kia Seltos, and Buick Envision, with average rates of $2,070 per year or less.

      Auto insurance in Miami for this segment for a middle-age safe driver starts at an average of $161 per month, depending on your company and location. The comparison table below ranks the SUVs with the lowest-cost car insurance in Miami.

      Cheapest SUVs to Insure in Miami, FL
      Make/Model Vehicle Size Annual Cost Monthly Cost
      Chevrolet TrailblazerCompact$1,926$161
      Subaru CrosstrekCompact$1,942$162
      Nissan KicksCompact$1,952$163
      Honda PassportMidsize$1,976$165
      Nissan Rogue SportCompact$1,984$165
      Mazda CX-5Compact$1,998$167
      Buick EncoreCompact$2,026$169
      Buick EnvisionCompact$2,032$169
      Kia SeltosCompact$2,060$172
      Subaru AscentMidsize$2,070$173
      Hyundai VenueCompact$2,074$173
      Honda HR-VCompact$2,114$176
      Hyundai KonaCompact$2,134$178
      Subaru ForesterCompact$2,146$179
      Ford EdgeMidsize$2,154$180
      Honda CR-VCompact$2,156$180
      Mazda CX-30Compact$2,160$180
      Ford ExplorerMidsize$2,166$181
      Volkswagen AtlasMidsize$2,170$181
      Chevrolet TraxCompact$2,184$182

        Get Rates in Your AreaWhy is this important?

        Table Data Details: Average rates are based on 2023 model year, 40-year-old married male driver with a clean driving record and no at-fault accidents. Safe driver and claim-free discounts are applied to policy premium, which is averaged for all vehicle trim levels. Full coverage physical damage deductibles are $500 and rates are averaged for all Zip Codes in Miami, FL.Data last updated on December 30, 2022
        Cheapest SUVs to Insure in Miami, FL

        See our guides for compact SUV insurance, midsize SUV insurance, and full-size SUV insurance to view any vehicles not shown in the table.

        Is your SUV not in the list? That’s no problem! Enter your zip code at the bottom of the table and click the orange ‘GO’ button to get free car insurance quotes from top-rated auto insurance companies in Florida.

        Cheapest sports cars to insure in Miami

        The Mazda MX-5 Miata comes in at #1 as the cheapest sports car to insure in Miami, followed by the Audi TT, Ford Mustang, BMW Z4, and Subaru WRX. The 2023 model has an average cost of $2,350 per year for a full-coverage insurance policy.

        Additional sports cars that rank well in our comparison are the Toyota GR Supra, BMW M2, Nissan Z, and Toyota GR86, with average rates of $3,066 per year or less.

        Additional vehicles that made the list include the Mercedes-Benz AMG GT53, Porsche 718, BMW M4, Chevrolet Corvette, and Lexus RC F, which cost between $3,066 and $3,822 per year for insurance.

        Auto insurance rates in Miami for this segment for a good driver starts at an average of $196 per month, depending on the company and your location. The comparison table below ranks the sports cars with the most affordable auto insurance rates in Miami, starting with the Mazda MX-5 Miata at $196 per month and ending with the Lexus LC 500 at $319 per month.

        Cheapest Sports Cars to Insure in Miami, FL
        Make/Model Vehicle Type Annual Cost Monthly Cost
        Mazda MX-5 MiataSports Car$2,350$196
        Audi TTSports Car$2,634$220
        Ford MustangSports Car$2,758$230
        BMW Z4Sports Car$2,776$231
        Subaru WRXSports Car$2,806$234
        Nissan ZSports Car$2,850$238
        Toyota GR SupraSports Car$2,896$241
        BMW M2Sports Car$2,934$245
        Toyota GR86Sports Car$2,934$245
        Subaru BRZSports Car$3,066$256
        Chevrolet CorvetteSports Car$3,136$261
        BMW M3Sports Car$3,206$267
        Lexus RC FSports Car$3,272$273
        Porsche 718Sports Car$3,278$273
        Chevrolet CamaroSports Car$3,328$277
        Mercedes-Benz AMG GT53Sports Car$3,528$294
        Jaguar F-TypeSports Car$3,652$304
        Porsche TaycanSports Car$3,732$311
        BMW M4Sports Car$3,776$315
        Lexus LC 500Sports Car$3,822$319

          Get Rates in Your AreaWhy is this important?

          Table Data Details: Average rates are based on 2023 model year, 40-year-old married male driver with a clean driving record and no at-fault accidents. Safe driver and claim-free discounts are applied to policy premium, which is averaged for all vehicle trim levels. Full coverage physical damage deductibles are $500 and rates are averaged for all Zip Codes in Miami, FL.Data last updated on December 30, 2022
          Cheapest Sports Cars to Insure in Miami, FL

          Don’t see rates for your sports car? Enter your zip code at the bottom of the table above and click the orange ‘GO’ button to get free car insurance quotes from top companies in Florida.

          Cheapest pickup truck insurance rates in Miami, Florida

          The lowest-cost pickups to insure in Miami are the Ford Maverick at $2,110 per year, the Chevrolet Colorado at $2,116 per year, and the Nissan Frontier at $2,194 per year.

          Additional pickups that have affordable average insurance rates include the Hyundai Santa Cruz, Nissan Titan, Toyota Tacoma, and Ford F150, with an average cost to insure of $2,586 per year or less.

          Full-coverage insurance in this segment for a middle-age safe driver can cost as low as $176 per month, depending on the company and your location. The table below ranks the twenty pickups with the cheapest insurance in Miami.

          Cheapest Pickups to Insure in Miami, FL
          Make/Model Vehicle Size Annual Cost Monthly Cost
          Ford MaverickMidsize$2,110$176
          Chevrolet ColoradoMidsize$2,116$176
          Nissan FrontierMidsize$2,194$183
          Ford RangerMidsize$2,256$188
          GMC CanyonMidsize$2,310$193
          Toyota TacomaMidsize$2,326$194
          Hyundai Santa CruzMidsize$2,362$197
          Nissan TitanFull-size$2,514$210
          Honda RidgelineMidsize$2,524$210
          Ford F150Full-size$2,586$216
          GMC Sierra 2500 HDHeavy Duty$2,604$217
          Jeep GladiatorMidsize$2,646$221
          Toyota TundraFull-size$2,674$223
          GMC Sierra 3500Heavy Duty$2,686$224
          GMC SierraFull-size$2,776$231
          Ram TruckFull-size$2,780$232
          Chevrolet SilveradoFull-size$2,782$232
          Chevrolet Silverado HD 2500Heavy Duty$2,790$233
          Chevrolet Silverado HD 3500Heavy Duty$2,796$233
          Nissan Titan XDHeavy Duty$2,838$237

            Get Rates in Your AreaWhy is this important?

            Table Data Details: Average rates are based on 2023 model year, 40-year-old married male driver with a clean driving record and no at-fault accidents. Safe driver and claim-free discounts are applied to policy premium, which is averaged for all vehicle trim levels. Full coverage physical damage deductibles are $500 and rates are averaged for all Zip Codes in Miami, FL.Data last updated on December 30, 2022
            Cheapest Pickups to Insure in Miami, FL

            For more pickup insurance comparisons, see our guides for midsize pickup insurance and large pickup insurance.

            Is your pickup truck missing from the table above? No problem! Enter your zip code at the bottom of the table and click the orange ‘GO’ button to get cheap Miami car insurance quotes from the best companies in Florida.

            Cheapest luxury cars to insure in Miami

            Ranking at the top for the cheapest Miami car insurance rates in the luxury car segment are the Genesis G70, Acura Integra, Acura TLX, Cadillac CT4, and BMW 330i. Car insurance quotes for these models average $2,708 or less per year.

            Rounding out the top 10 are models like the BMW 330e, BMW 228i, Lexus ES 250, and Cadillac CT5, with average annual insurance rates of $2,764 per year or less.

            Additional 2023 models that rank well include the Volvo S60, Mercedes-Benz AMG CLA35, Audi A4, Lexus RC 350, and Audi S3, which cost between $2,764 and $2,840 per year for auto insurance in Miami.

            As a cost per month, full-coverage car insurance on this segment in Miami for an average middle-age driver starts at around $190 per month, depending on the company and your location.

            The table below ranks the luxury cars with the cheapest car insurance in Miami, starting with the Acura Integra at $2,284 per year and ending with the Volvo S60 at $2,840 per year.

            Cheapest Luxury Cars to Insure in Miami, FL
            Make/Model Vehicle Size Annual Cost Monthly Cost
            Acura IntegraCompact$2,284$190
            BMW 330iCompact$2,582$215
            Acura TLXCompact$2,624$219
            Cadillac CT4Compact$2,656$221
            Genesis G70Compact$2,708$226
            Cadillac CT5Midsize$2,736$228
            Lexus ES 350Midsize$2,742$229
            BMW 330eCompact$2,752$229
            Lexus ES 250Midsize$2,756$230
            BMW 228iCompact$2,764$230
            Lexus RC 300Midsize$2,768$231
            Mercedes-Benz AMG CLA35Midsize$2,774$231
            Audi A3Midsize$2,780$232
            BMW 230iCompact$2,784$232
            Mercedes-Benz C300Compact$2,806$234
            Audi A4Compact$2,816$235
            Lexus RC 350Compact$2,820$235
            Audi S3Compact$2,838$237
            Mercedes-Benz AMG CLA45Midsize$2,838$237
            Volvo S60Compact$2,840$237

              Get Rates in Your AreaWhy is this important?

              Table Data Details: Average rates are based on 2023 model year, 40-year-old married male driver with a clean driving record and no at-fault accidents. Safe driver and claim-free discounts are applied to policy premium, which is averaged for all vehicle trim levels. Full coverage physical damage deductibles are $500 and rates are averaged for all Zip Codes in Miami, FL.Data last updated on December 30, 2022
              Cheapest Luxury Cars to Insure in Miami, FL

              For all luxury car insurance comparisons, see our full luxury car insurance guide.

              Looking for rates for a different vehicle? No problem! Enter your zip code at the bottom of the above table and click the orange ‘GO’ button to get cheap Miami car insurance quotes from the best companies in Florida.

              Cheapest luxury SUV insurance rates in Miami, Florida

              The four highest ranking luxury SUV models with the most affordable average insurance rates in Miami are the Acura RDX at $2,122 per year, Lexus RX 350 at $2,278 per year, Cadillac XT4 at $2,296 per year, and Volvo XC40 at $2,340 per year.

              Not the cheapest luxury SUVs to insure, but still very reasonable, are models like the Cadillac XT6, Lexus UX 250h, Mercedes-Benz GLA250, and Cadillac XT5, with average cost of $2,476 per year or less.

              As a cost per month, full-coverage car insurance in this segment starts at an average of $177 per month, depending on the company and your location.

              When prices are compared by vehicle size, the most budget-friendly compact luxury SUV to insure in Miami is the Acura RDX at $2,122 per year, or $177 per month. For midsize 2023 models, the Lexus RX 350 has the cheapest rates at $2,278 per year, or $190 per month. And for full-size luxury SUV models, the Volvo XC90 is most affordable to insure at $2,624 per year, or $219 per month.

              The next table ranks the twenty luxury SUVs with the most affordable average car insurance rates in Miami.

              Cheapest Luxury SUVs to Insure in Miami, FL
              Make/Model Vehicle Size Annual Cost Monthly Cost
              Acura RDXCompact$2,122$177
              Lexus RX 350Midsize$2,278$190
              Cadillac XT4Compact$2,296$191
              Volvo XC40Compact$2,340$195
              Infiniti QX50Midsize$2,354$196
              Lexus UX 250hCompact$2,378$198
              Cadillac XT5Midsize$2,418$202
              Mercedes-Benz GLA250Compact$2,468$206
              Cadillac XT6Midsize$2,474$206
              Mercedes-Benz GLB 250Compact$2,476$206
              Lexus NX 250Compact$2,506$209
              Acura MDXMidsize$2,530$211
              Lexus NX 350hCompact$2,536$211
              Lexus NX 350Compact$2,554$213
              Lexus NX 450hCompact$2,558$213
              Lincoln CorsairCompact$2,558$213
              Lincoln NautilusMidsize$2,574$215
              BMW X1Compact$2,578$215
              Alfa Romeo TonaleCompact$2,582$215
              Mercedes-Benz GLC300Compact$2,592$216

                Get Rates in Your AreaWhy is this important?

                Table Data Details: Average rates are based on 2023 model year, 40-year-old married male driver with a clean driving record and no at-fault accidents. Safe driver and claim-free discounts are applied to policy premium, which is averaged for all vehicle trim levels. Full coverage physical damage deductibles are $500 and rates are averaged for all Zip Codes in Miami, FL.Data last updated on December 30, 2022
                Cheapest Luxury SUVs to Insure in Miami, FL

                See our comprehensive guide for luxury SUV insurance to view data for vehicles not featured in the table.

                Don’t see insurance rates for your luxury SUV? That’s no problem! Enter your zip code at the bottom of the table and click the orange ‘GO’ button to get free car insurance quotes from top auto insurance companies in Florida.

                Best practices for saving money on auto insurance

                Resourceful drivers should always be thinking of ways to pay less for insurance, so scan the tips and ideas below and it’s very likely you can save a few bucks on your next policy purchase.

                • Compare auto insurance rates before buying a car. Different models, and even different trim levels of the same model, have very different costs for insurance, and companies can charge very different rates. Check the cost of insurance before you purchase in order to prevent price shock when you see your first bill.
                • Consider buying higher deductibles. Jacking up your deductibles from $500 to $1,000 could save around $276 per year for a 40-year-old driver and $538 per year for a 20-year-old driver.
                • Earn discounts to save money. Discounts may be available if the policyholders are claim-free, belong to certain professional organizations, drive a vehicle with safety or anti-theft features, are senior citizens, choose electronic billing, or many other discounts which could save the average Miami driver as much as $432 per year.
                • Get a discount from your employer. Just about all car insurance companies offer discounts for being employed in occupations like engineers, architects, nurses, firefighters, high school and elementary teachers, and others. By qualifying for this discount, you could save between $76 and $257 on your auto insurance bill.
                • Shop around and save. Take a couple of minutes to get free car insurance quotes is the best recommendation for saving money. Rates change quite often and switching companies is very easy to do.
                • Remain claim free. Auto insurance companies reduce rates a little if you do not file any claims. Insurance should only be used in the case of significant claims, not for small claims.