Updated: November 21, 2024
Advertising & Editorial Disclosure
Protective is the best life insurance company for men and women in Miami Gardens, Florida. The MoneyGeek score for both genders is 92. Its average monthly premium is $21 for men and $20 for women. The scores and premium costs are based on a 20-year term policy and $500,000 coverage.
Different factors should be considered when deciding what type of life insurance to buy. 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 Miami Gardens, Florida.
Coverage costs and company information for life insurance providers were updated in August 2024.
BestLife InsuranceMiami GardensBest Life Insurance Companies in Miami Gardens
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.
In Miami Gardens, Protective offers the best life insurance for men and women, with a MoneyGeek score of 92 for both. Its average monthly premium is $21 for men and $20 for women.
Top providers for men:
Top providers for women:
Protective stands out due to its high affordability score and excellent customer satisfaction ratings, making it a dependable choice for the average individual looking to purchase life insurance in Miami Gardens.
Protective is the premier choice for life insurance in Miami Gardens, catering to men and women. With a MoneyGeek score of 92 for both genders, Protective offers policies at approximately $21 per month for men and $20 for women. It ensures affordability without compromising on quality.
Pros:
Cons:
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.
Protective is the best term life insurance provider in Miami Gardens for both men and women. It has a MoneyGeek score of 92 and an average monthly premium of $9 for men. For women, it has a score of 91 and a monthly premium of around $10. This company stands out for its combination of affordability, customer satisfaction and financial stability, making it a solid choice for individuals seeking reliable term life insurance coverage.
The top two term life insurance companies for men are:
For women, the top two are:
Term life insurance provides coverage for a set period, offering financial protection without a long-term commitment. For instance, a young parent might choose term insurance to ensure their child's financial security until adulthood.
Protective is the premier choice for term life insurance for men and women in Miami Gardens, with a MoneyGeek score of 92 and 91, respectively. For an average monthly premium of $9 for men and $10 for women, Protective offers a reliable safety net for Miami Gardens residents. Its score reflects a harmonious blend of affordability and customer satisfaction, ensuring policyholders receive value and financial protection.
Pros:
Cons:
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.
Protective is the best whole life insurance provider in Miami Gardens, with a MoneyGeek score of 92 for men and women. This score indicates a high level of customer satisfaction, financial stability and product diversity, making Protective an excellent choice for individuals seeking reliable life insurance coverage.
Top whole life companies for men in Miami Gardens:
Top whole life companies for women in Miami Gardens:
Whole life insurance offers a fixed premium and a death benefit guaranteed for the policyholder's lifetime, with the added value of cash value accumulation. This type of insurance is suitable for someone who wants a consistent premium and a policy that can contribute to their financial strategy, such as leaving a legacy or planning for retirement.
Protective is the premier choice for whole life insurance in Miami Gardens, catering to men and women. Its MoneyGeek score of 92 for both genders reflects a blend of high customer satisfaction and affordability, signaling a strong offering for potential policyholders.
Pros:
Cons:
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.
Protective is the best universal life insurance provider in Miami Gardens, with a MoneyGeek score of 91 for men and women. Its score reflects a blend of affordability, customer satisfaction and financial stability, making Protective a solid choice for individuals seeking reliable coverage without the hassle of extensive shopping around. The company's consistent performance across different customer demographics underscores its commitment to providing quality insurance products.
Best universal life insurance for men:
Best for women's universal life insurance:
Universal life insurance offers flexibility in premiums and death benefits, making it an appealing option for those who want a long-term investment component with their insurance coverage. For instance, a young professional in Miami Gardens might choose universal life insurance to provide financial security for their family while accumulating cash value that can be borrowed against in the future.
Protective is the premier choice for universal life insurance in Miami Gardens, earning the highest MoneyGeek score of 91 for men and women. This score reflects a balance of quality service and value, ensuring policyholders receive exceptional coverage.
Pros:
Cons:
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 offers the best life insurance without a required medical exam in Miami Gardens for men and women. Its MoneyGeek score of 91 for both genders indicates a strong balance of affordability, customer satisfaction and financial stability, making it a reliable choice for individuals seeking life insurance without the hassle of a medical exam.
Best no-medical-exam life insurance for men:
Best life insurance for women that does not require a medical exam:
Life insurance with no mandatory medical exam is a policy that grants coverage without the need to undergo a physical exam. It can be particularly beneficial for those with health issues that could make traditional insurance prohibitively expensive or for those needing coverage quickly. For instance, an individual with a chronic condition may opt for life insurance without a required medical exam to ensure their loved ones are protected without the stress of medical underwriting.
In Miami Gardens, Protective is the premier choice for men and women seeking life insurance without the hassle of a medical exam. Its MoneyGeek score of 91 for both genders reflects a balance of affordability, customer satisfaction and financial stability that Protective offers to its clients.
Pros:
Cons:
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.
In Miami Gardens, Protective provides the best term life insurance for seniors, with a MoneyGeek score of 91 for men and women. Its monthly premium is approximately $41 for men and $43 for women.
Age is a determining factor in the cost of life insurance premiums; as people age, the risk to insurers increases, which typically leads to higher premiums. Protective's top MoneyGeek score reflects its strong performance in customer satisfaction, affordability and financial stability. These factors are pivotal for seniors in Miami Gardens who prioritize reliability and value in their life insurance choices.
| 1 | Protective | $41 | 91 |
| 2 | Mutual of Omaha | $44 | 91 |
| 3 | Nationwide | $42 | 90 |
| 4 | Allstate | $36 | 89 |
| 5 | AAA | $52 | 88 |
| 6 | Transamerica | $41 | 87 |
| 7 | Prudential | $54 | 85 |
| 8 | State Farm | $70 | 84 |
| 9 | Haven | $81 | 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 provides the best term life insurance for smokers, with a MoneyGeek score of 91 for men and 90 for women. Its average monthly cost is $27 and $28, respectively.
Smoking affects life insurance premiums significantly due to the health risks it poses, often leading to higher rates for smokers than nonsmokers. Mutual of Omaha's top score reflects its balance of affordability, customer satisfaction and financial stability. It is a solid choice for individuals seeking reliable term life insurance coverage.
| 1 | Mutual of Omaha | $27 | 91 |
| 2 | Nationwide | $31 | 89 |
| 3 | AAA | $29 | 89 |
| 4 | Transamerica | $24 | 88 |
| 5 | Protective | $39 | 88 |
| 6 | Prudential | $25 | 87 |
| 7 | State Farm | $36 | 86 |
| 8 | Allstate | $36 | 85 |
| 9 | Haven | $48 | 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.
Protective provides the best term life insurance for young adults in Miami Gardens, with a MoneyGeek score of 92 and an average monthly premium of $6 for men and women. The company's high score indicates its affordability, customer satisfaction and financial stability.
Age is a significant factor in determining life insurance premiums. Younger adults typically benefit from lower costs due to their lower risk profile. Choosing the best term life insurance for young adults is key to finding financial protection at a reasonable cost.
| 1 | Protective | $6 | 92 |
| 2 | Mutual of Omaha | $7 | 91 |
| 3 | Nationwide | $7 | 90 |
| 4 | AAA | $7 | 89 |
| 5 | Allstate | $6 | 89 |
| 6 | Transamerica | $6 | 88 |
| 7 | State Farm | $12 | 86 |
| 8 | Haven | $9 | 86 |
| 9 | Prudential | $11 | 85 |
| 10 | Bestow | $18 | 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.
If you’re looking for the best cheap term life insurance in Miami Gardens, Protective stands out for men and women. For men, it has a MoneyGeek score of 92 and an average monthly premium of $9. For women, it has a score of 91 and a monthly premium of about $10. Protective’s high scores in customer satisfaction and financial stability make it a top choice for those seeking reliable and affordable term life insurance in Miami Gardens.
The cost of term life insurance is influenced by various factors such as age, health, coverage amount and term length. To secure the lowest premiums, maintain good health, choose a suitable coverage amount and opt for a shorter term length.
| 1 | Protective | $9 | 92 |
| 2 | Allstate | $9 | 91 |
| 3 | Nationwide | $11 | 91 |
| 4 | Mutual of Omaha | $11 | 90 |
| 5 | Transamerica | $10 | 90 |
| 6 | AAA | $12 | 88 |
| 7 | Haven | $15 | 83 |
| 8 | State Farm | $18 | 82 |
| 9 | Prudential | $16 | 82 |
The average cost of term life insurance in Miami Gardens is $19 per month for both men and women.
Many factors affect the cost of life insurance premiums, including age, health, lifestyle and location. Younger individuals or those in good health often pay lower premiums. Conversely, smokers or those with pre-existing health conditions may face higher costs.
The cost of life insurance in Miami Gardens might be higher or lower than in the rest of Florida for several reasons. Local health statistics, economic conditions and even environmental factors can play a role. For instance, areas with higher health care costs or lower average life expectancy might see higher life insurance premiums.
Understanding these factors can help you make informed decisions when purchasing life insurance. You can find the best policy for your needs by comparing rates and considering personal circumstances.
Protective offers the best life insurance for men in Miami Gardens, with the highest MoneyGeek score of 92 out of 100. This company ranks first in Florida for affordability and customer satisfaction.
The monthly premium for the best life insurance for men in Miami Gardens is around $21. Protective offers this rate for men in the 31 to 40 age group.
Protective offers the best life insurance for women in Miami Gardens, with the highest MoneyGeek score of 92 out of 100. This company excels in affordability and customer satisfaction.
The average monthly premium for the best life insurance for women in Miami Gardens is $20. Protective offers this rate for women in the 31 to 40 age group.
Life insurance in Miami Gardens may have different premium rates and coverage options compared to other cities in Florida. For example, Protective offers competitive rates and has high customer satisfaction scores in Miami Gardens. Residents should compare local offerings to ensure they get the best deal.
If a life insurance company goes bankrupt in Miami Gardens, guaranty associations in Florida typically cover policyholders. These associations provide a safety net, ensuring that policyholders receive their benefits up to certain limits.
Miami Gardens residents might need life insurance to provide financial security for their families in the event of their death. Life insurance can cover funeral expenses, pay off debts and ensure that dependents have financial support. Residents should consider their specific needs and financial obligations when choosing a policy.
To find a lost life insurance policy in Miami Gardens, start by checking personal records and contacting the deceased's financial advisors. You can also reach out to the Florida Department of Financial Services for assistance. Additionally, the National Association of Insurance Commissioners offers a Life Insurance Policy Locator service.
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.
