Updated: November 22, 2024
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Based on MoneyGeek scores, Protective is the best life insurance company in Davie, Florida for both men and women. Protective has a MoneyGeek score of 92 for both genders. The average monthly premium cost is $25 for women and $34 for men.
These scores and premium costs are based on a 20-year term policy with $500,000 coverage. Different factors should be considered when deciding on life insurance, and your unique needs may mean a different company is best for you.
Why Trust MoneyGeek? We analyzed 1,488 life insurance quotes alongside customer satisfaction, financial stability reports, product offerings and more to determine the best life insurance companies in Davie, Florida.
Coverage costs and company information for life insurance providers were updated in August 2024.
BestLife InsuranceDavie, FLBest Life Insurance Companies in Davie
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the overall best life insurance companies:
This was done using the average profile with a 20-year term policy and $500K coverage.
Protective offers the best life insurance in Davie for both men and women with a MoneyGeek score of 92 and a monthly premium of $34 for men and $25 for women.
Top providers for men:
Top providers for women:
Protective stands out for its high MoneyGeek score and affordable premiums, making it a strong choice for individuals seeking reliable life insurance in Davie. I
Protective stands out as the premier choice for life insurance in Davie, Florida, offering the highest MoneyGeek scores for both men and women. Men enjoy a score of 92 with an average monthly premium of $34, while women benefit from a score of 92 and a monthly premium of $25. This indicates a strong balance of affordability and customer satisfaction that Protective provides to its clients.
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How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best term life insurance companies:
Quotes gathered were for a $250K life insurance policy with a 10-year term.
In Davie, Florida, Protective stands out as the provider of the best term life insurance for both men and women, with MoneyGeek scores of 92 and 91, respectively. Men can expect an average monthly premium of $15, while women are quoted at $12. Choosing Protective means opting for a company that not only offers competitive rates but also holds a high customer satisfaction score.
The top two term life insurance companies for men are:
For women, the top two are:
Term life insurance is a policy where coverage is provided for a certain period or 'term'. It's a straightforward solution for those who wish to ensure their dependents are financially secure in the event of their untimely death without committing to a permanent life insurance policy.
For men and women in Davie seeking reliable term life insurance, Protective emerges as the top choice. This company stands out for its high customer satisfaction and affordability. Here's a quick look at the advantages and a few considerations of choosing Protective for your insurance needs.
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How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best whole life insurance companies:
We did not weigh affordability as we did not collect whole life insurance quotes. The company below has the highest score among the companies that offer whole life insurance policies based on a 20-year term at $500K coverage.
The Protective offers the best whole life insurance in Davie for both men and women, with a MoneyGeek score of 92. This score reflects the company's commitment to affordability, customer satisfaction and financial stability, making it a solid choice for the average individual seeking a reliable insurance policy.
Top whole life companies for men in Davie:
Top whole life companies for women in Davie:
Whole life insurance provides lifelong coverage and includes an investment component known as cash value.
Protective stands out as the premier choice for the best whole life insurance in Davie for both men and women, having a MoneyGeek score of 92 for both genders. This score reflects a balance of affordability, customer satisfaction, and financial stability, making Protective a reliable option for life insurance seekers in the area.
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Ensure you're getting the best rate for your life insurance. Compare quotes from top providers to find the most affordable life insurance coverage for your needs.
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best universal life insurance companies:
We did not weigh affordability as we did not collect universal life insurance quotes. The company below has the highest score among the companies that offer universal life insurance policies, over a 10-year term for $250K coverage.
In Davie, Protective stands out with the best universal life insurance for both men and women, boasting a MoneyGeek score of 91. This score indicates a strong balance of affordability, customer satisfaction, and financial stability, making Protective a reliable choice.
Best universal life insurance for men:
Best for women's universal life insurance:
Universal life insurance is a flexible type of coverage that allows policyholders to adjust their premiums and death benefits over time.
Protective emerges as the leading provider of universal life insurance in Davie, Florida, for both men and women. With MoneyGeek scores of 91 for both genders, Protective offers a harmonious balance of affordability and customer satisfaction. This company stands out for its commitment to providing value and stability in its insurance products.
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How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best life insurance companies that don't require a medical exam:
We did not weigh affordability as we did not collect any insurance quotes for this category. The company below has the highest score among the companies that offer life insurance policies without mandatory medical exams, for a 10-year term with $250K coverage if the insuree was in poor health.
Protective is the top provider of the best no-medical-exam life insurance in Davie for both men and women, boasting a MoneyGeek score of 91 out of 100. This high score suggests that Protective consistently meets customer needs with financial stability, diverse product offerings, and a satisfactory buying process.
Best no-medical-exam life insurance for men:
Best life insurance for women that does not require a medical exam:
This type of life insurance allows individuals to secure coverage without undergoing a health assessment.
Protective emerges as the premier provider of no-medical-exam life insurance in Davie, catering to both men and women with an impressive MoneyGeek score of 91. This score reflects the company's commitment to customer satisfaction and affordability.
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How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best term life insurance companies for seniors:
We derived quotes using a $250K life insurance policy with a 10-year term and adjusted the sample buyer's age to 70.
For seniors in Davie, Protective stands out with the best term life insurance for seniors, offering a MoneyGeek Score of 91 and a monthly premium of $66 for men and $54 for women. Age significantly influences life insurance premiums, as the risk to insurers generally increases with the policyholder's age.
| 1 | Protective | $66 | 91 |
| 2 | Mutual of Omaha | $72 | 91 |
| 3 | Nationwide | $68 | 90 |
| 4 | Allstate | $59 | 89 |
| 5 | AAA | $84 | 88 |
| 6 | Transamerica | $67 | 87 |
| 7 | Prudential | $88 | 85 |
| 8 | State Farm | $115 | 84 |
| 9 | Haven | $132 | 82 |
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best term life insurance companies for people who smoke:
We collected quotes using a $250K life insurance policy with a 10-year term and adjusted the sample buyer to reflect an active smoker.
Mutual of Omaha offers the best term life insurance for smokers for both men and women. Men can expect a MoneyGeek Score of 91 with a monthly premium of $44, while women receive a score of 90 and a monthly cost of $35. Smoking impacts life insurance premiums as insurers view it as a high-risk behavior, leading to higher rates to account for the increased health risks.
| 1 | Mutual of Omaha | $44 | 91 |
| 2 | Nationwide | $50 | 89 |
| 3 | AAA | $48 | 89 |
| 4 | Transamerica | $38 | 88 |
| 5 | Protective | $64 | 88 |
| 6 | Prudential | $41 | 87 |
| 7 | State Farm | $59 | 86 |
| 8 | Allstate | $59 | 85 |
| 9 | Haven | $78 | 82 |
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best term life insurance companies for young adults:
We collected quotes using a $250K life insurance policy with a 10-year term for a 20-year-old buyer.
The best term life insurance for young adults in Davie is offered by Protective with a MoneyGeek Score of 92 and a monthly premium of $8 for women and $9 for men. Younger adults typically benefit from lower premiums due to their lower risk of health issues.
| 1 | Protective | $9 | 92 |
| 2 | Mutual of Omaha | $11 | 91 |
| 3 | Nationwide | $11 | 90 |
| 4 | AAA | $12 | 89 |
| 5 | Allstate | $9 | 89 |
| 6 | Transamerica | $10 | 88 |
| 7 | State Farm | $19 | 86 |
| 8 | Haven | $14 | 86 |
| 9 | Prudential | $18 | 85 |
| 10 | Bestow | $29 | 83 |
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best cheap term life insurance companies:
We adjusted the weighting to favor affordability for a $250K life insurance policy with a 10-year term.
For the best cheap term life insurance in Davie, Protective stands out with a MoneyGeek Score of 92 for men and 91 for women, and monthly premiums of $15 and $12, respectively. Factors affecting life insurance premiums include age, health, coverage amount and term length.
| 1 | Protective | $15 | 92 |
| 2 | Allstate | $15 | 91 |
| 3 | Nationwide | $18 | 91 |
| 4 | Mutual of Omaha | $17 | 90 |
| 5 | Transamerica | $16 | 90 |
| 6 | AAA | $20 | 88 |
| 7 | Haven | $24 | 83 |
| 8 | State Farm | $30 | 82 |
| 9 | Prudential | $26 | 82 |
In Davie, the average monthly premium for term life insurance is $24 for women and $31 for men. Several factors influence the cost of life insurance premiums. These include age, health, lifestyle, occupation, coverage amount, and policy term. Each of these elements can significantly impact the final premium amount.
There are several reasons why life insurance premiums in Davie might be different from other parts of Florida. Local health trends, economic conditions, crime rates and lifestyle choices can all play a role. Understanding these factors can help you make more informed decisions about your life insurance needs.
Protective has the best life insurance for men in Davie. This conclusion is based on the highest MoneyGeek score, which evaluates factors such as affordability, customer satisfaction and financial stability.
The monthly premium cost for the best life insurance for men in Davie, offered by Protective, is $34.
Protective offers the best life insurance for women in Davie.
The monthly premium cost for the best life insurance for women in Davie, provided by Protective, is $25.
Life insurance in Davie may differ from the rest of Florida in terms of premium costs and coverage options. For example, Davie residents might find different rates due to local demographics and health statistics. Additionally, certain companies might offer tailored policies to meet the specific needs of the Davie community.
If a life insurance company goes bankrupt in Davie, policyholders are protected by state guaranty associations. These associations ensure that claims are paid up to certain limits, providing a safety net for policyholders. It is important to check the specific coverage limits and protections offered in Florida.
Davie residents might need life insurance to provide financial security for their families, cover outstanding debts, or fund future expenses such as college tuition. Life insurance can also help with estate planning and ensuring that loved ones are financially supported in the event of an unexpected death.
To find a lost life insurance policy in Davie, start by checking personal records and contacting the deceased's financial advisors. You can also reach out to the insurance company directly. If these steps don't work, the National Association of Insurance Commissioners offers a policy locator service to help find lost policies.
About Mark Fitzpatrick
Mark Fitzpatrick is a Licensed Property and Casualty Insurance Producer and MoneyGeek's Head of Insurance. He has analyzed the insurance market for over five years, conducting original research and creating personalized content for every kind of buyer. He has been quoted in several insurance-related publications, including CNBC, NBC News and Mashable.
Fitzpatrick earned a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He is passionate about using his knowledge of economics and insurance to bring transparency around financial topics and help others feel confident in their money moves.
