Cheapest Auto Insurance in Palm Bay, Florida (2025)

Year-round beach access is pretty dreamy but comes at a price. Palm Bay drivers spend an overall average of $170 per month on car insurance premiums. That’s similar to the state average of $182 per month but more than the national average of $143 per month.

As lovely as the weather is most of the year in Palm Bay, living in an area with hurricane risks can cause more expensive car insurance rates. To help you get a deal, here’s a look at how to find the cheapest car insurance in Palm Bay.1

3 of the cheapest car insurance companies in Palm Bay

The car insurance company you buy a policy from will play a big role in how much you spend. Do some research on which auto insurers can offer you the best price for the type of coverage and features you need to feel secure on the road. Here are some great options for cheap car insurance in Palm Bay.

Best insurer for discounts: State Farm

Best insurer for bundling: GEICO

Best insurer for temporary coverage: Hugo

How to get the cheapest car insurance in Palm Bay

How you shop for the cheapest car insurance in Palm Bay can make all the difference when it comes to getting the best deals. Insurers consider several factors, including your age, ZIP code, driving record, and credit history. Here’s how you can get cheap coverage:

• Compare quotes. When shopping for a new car insurance policy, get quotes from at least three companies. Compare these rates to see which company can offer you the best price for the coverage you need. You can also use a quote-comparison tool like Insurify to view multiple quotes and identify the lowest price.

• Ask about discounts. Many car insurance companies offer a variety of discounts for things like having good grades, installing safety equipment in your car, or being a safe driver.

• Bundle policies. If you choose an insurance company that also offers other insurance policies — like home insurance, renters insurance, business insurance, or life insurance — you can often save by purchasing more than one type of policy.

Cheapest liability-only car insurance in Palm Bay: State Farm

In Florida, liability-only car insurance provides coverage for other people’s damages and your injuries from an accident you cause. The personal injury protection portion of the policy covers your medical expenses and lost wages if you’re injured, and the property damage liability coverage takes care of repairs to others’ property. However, it doesn’t cover your own vehicle damage.

If you’re looking for the least expensive option for liability-only car insurance in Palm Bay, check out State Farm, which offers rates of $88 per month.

The following table outlines other affordable auto insurance companies in Palm Bay.

Cheapest full-coverage car insurance in Palm Bay: State Farm

Liability-only car insurance covers damage to others in accidents you cause, while full-coverage insurance includes additional protection for your own vehicle. Full coverage combines liability, comprehensive, and collision coverages. This type of coverage is beneficial for new cars, financed vehicles, or any drivers seeking extensive protection.

Drivers can find the cheapest full-coverage insurance with State Farm, but the table below highlights other inexpensive Palm Bay car insurance companies.

Car insurance requirements in Florida

To drive legally in the state of Florida, you must have proof of personal injury protection (PIP) and property damage liability (PDL) for the following amounts:2

If you have any questions about what types of additional coverage you may need, you can always work with an insurance agent to find the right policy. Adding extra coverage will result in higher rates but can give you better protection. Don’t be afraid to call an agent for help. Consider purchasing these optional types of coverage:

Cheapest car insurance for drivers with an incident

Having negative incidents on your driving record, like speeding tickets, driving under the influence (DUI) convictions, at-fault accidents, and other moving violations, can lead to higher car insurance costs. These incidents tell car insurance companies that you’ll likely file future claims.

This table breaks down how different driving incidents can affect your car insurance quotes with a handful of different insurers.

Average cost of car insurance by age

Your age will play a role in your car insurance premiums. Teen drivers pay high rates because they lack driving experience and tend to engage in riskier behavior, making them more prone to accidents. Car insurance rates typically decrease around age 35, once drivers have more experience.

However, rates tend to increase around age 70 due to age-related factors, like declining vision and reaction time, which may raise the likelihood of accidents for senior drivers.

Check out this table to get an idea of how your age can affect your average monthly car insurance quote in Palm Bay.

Palm Bay car insurance quotes by credit tier

While not all states allow it, in Florida, car insurance companies can take your credit history into account when determining your premiums.3 Generally, auto insurance companies view drivers with excellent or good credit as less risky and offer cheaper rates to them than to drivers with poor credit.

Here’s how your credit affects your car insurance in Palm Bay.

Palm Bay car insurance FAQs