Updated: November 21, 2024
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Protective is the best life insurance company in Miramar, Florida, with the highest MoneyGeek score of 92 for both men and women. The average monthly premiums are $30 for men and $28 for women.
These scores and premiums are based on a 20-year term policy with $500,000 coverage, but your choice may vary based on personal needs. Consider your age, health and coverage needs when choosing life insurance.
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 Miramar, Florida.
Coverage costs and company information for life insurance providers were updated in August 2024.
BestLife InsuranceMiramar, FLBest Life Insurance Companies in Miramar
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 Miramar, with a MoneyGeek score of 92 for men and women. The average monthly premiums are $30 for males and $28 for females.
Top providers for men:
Top providers for women:
Protective stands out for its high MoneyGeek score and affordability, making it the best choice for life insurance in Miramar.
In Miramar, Protective is the top life insurance provider, with a MoneyGeek score of 92 for both men and women. Monthly premiums are about $30 for men and $28 for women, offering affordability and high service quality.
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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.
Protective is the best term life insurance provider in Miramar, with MoneyGeek scores of 92 for men and 91 for women. The average monthly premium is $14 for both genders. It balances affordability, customer satisfaction and financial stability.
Top term life insurance companies for men:
Top term life insurance companies for women:
Term life insurance provides a death benefit during a specified term, providing financial protection without the long-term commitment of permanent life insurance. For example, a parent might choose term life insurance to ensure their child's education is covered if they pass away unexpectedly.
Protective is the best term life insurance provider in Miramar, with MoneyGeek scores of 92 for men and 91 for women. Monthly premiums are about $14, offering a good balance of value and reliability.
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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.
Protective offers the best whole life insurance for both men and women in Miramar. Its MoneyGeek score of 92 indicates excellence in customer satisfaction, affordability and financial stability.
Whole life insurance provides a guaranteed death benefit, fixed premiums and a cash value component for a consistent, long-term investment. For instance, someone might choose it for lifelong coverage and to build their financial legacy.
Protective is the top choice for whole life insurance in Miramar, achieving an impressive MoneyGeek score of 92. Customers can rely on Protective's strong performance across key areas.
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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.
Protective is the best universal life insurance provider in Miramar, with a MoneyGeek score of 91 for both men and women.
Universal life insurance offers flexible coverage with an investment savings component. It allows policyholders to build cash value that can be used in retirement and to adjust premiums and benefits over time. This flexibility makes it a choice over term life insurance for those seeking these benefits.
Protective is the top universal life insurance provider in Miramar, earning a MoneyGeek score of 91 for both men and women. This high score reflects Protective's excellence in affordability, customer satisfaction and financial stability.
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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 offers the best life insurance without needing a medical exam for both men and women in Miramar, with a MoneyGeek score of 91.
Life insurance without a medical exam provides a fast and easy way to get coverage without a health assessment. It suits those with busy schedules or a fear of medical procedures.
Protective is the top life insurance option in Miramar, with the highest MoneyGeek score of 91 for both men and women seeking coverage without a medical exam. This score reflects its strong performance across various categories.
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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.
Protective offers the best term life insurance for seniors in Miramar, with a MoneyGeek score of 91 for both men and women. Male and female seniors pay average monthly premiums of $59 and $60, respectively.
Age affects life insurance premiums, with higher premiums for seniors due to increased health risk. Protective's top MoneyGeek score highlights its strong performance in affordability, customer satisfaction and financial stability, making it a reliable choice for seniors seeking value and dependability.
| 1 | Protective | $59 | 91 |
| 2 | Mutual of Omaha | $64 | 91 |
| 3 | Nationwide | $60 | 90 |
| 4 | Allstate | $52 | 89 |
| 5 | AAA | $75 | 88 |
| 6 | Transamerica | $60 | 87 |
| 7 | Prudential | $78 | 85 |
| 8 | State Farm | $102 | 84 |
| 9 | Haven | $117 | 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 in Miramar, with MoneyGeek scores of 91 for men and 90 for women, and an average monthly premium of $39 for both.
Smoking raises life insurance premiums due to increased health risks. Mutual of Omaha's high MoneyGeek score highlights its excellent customer satisfaction, smooth buying process and financial stability.
| 1 | Mutual of Omaha | $39 | 91 |
| 2 | Nationwide | $44 | 89 |
| 3 | AAA | $42 | 89 |
| 4 | Transamerica | $34 | 88 |
| 5 | Protective | $57 | 88 |
| 6 | Prudential | $37 | 87 |
| 7 | State Farm | $52 | 86 |
| 8 | Allstate | $53 | 85 |
| 9 | Haven | $69 | 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 offers the best term life insurance for young adults in Miramar, with a MoneyGeek score of 92 for both males and females. Average monthly premiums are $8 for men and $9 for women.
Younger policyholders typically enjoy cheaper premiums due to lower health risks. Protective's high MoneyGeek score reflects its strong customer satisfaction, affordability and financial stability.
| 1 | Protective | $8 | 92 |
| 2 | Mutual of Omaha | $10 | 91 |
| 3 | Nationwide | $10 | 90 |
| 4 | AAA | $11 | 89 |
| 5 | Allstate | $8 | 89 |
| 6 | Transamerica | $9 | 88 |
| 7 | State Farm | $17 | 86 |
| 8 | Haven | $12 | 86 |
| 9 | Prudential | $16 | 85 |
| 10 | Bestow | $26 | 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.
Protective offers the best cheap term life insurance in Miramar, with MoneyGeek scores of 92 for men and 91 for women, and an average monthly premium of $14.
Age, health, coverage amount and term length affect insurance premiums. To get the lowest costs, maintain good health and choose a shorter term and a lower coverage amount.
| 1 | Protective | $14 | 92 |
| 2 | Allstate | $13 | 91 |
| 3 | Nationwide | $16 | 91 |
| 4 | Mutual of Omaha | $15 | 90 |
| 5 | Transamerica | $14 | 90 |
| 6 | AAA | $17 | 88 |
| 7 | Haven | $22 | 83 |
| 8 | State Farm | $27 | 82 |
| 9 | Prudential | $23 | 82 |
In Miramar, term life insurance premiums average $28 for men and $26 for women.
Costs vary based on age, health, lifestyle and coverage type. Understanding these factors helps consumers make informed decisions about their life insurance needs.
Smokers and those with pre-existing conditions often face higher premiums. Local economic conditions and health statistics can also influence insurance costs. Miramar's premiums may differ from those of other areas in Florida due to its unique demographics and economic factors, such as average income, health trends and crime rates.
Protective offers the best life insurance in Miramar for men, with the highest MoneyGeek score of 92 out of 100.
The average monthly premium for the best life insurance for men in Miramar is $30.
Protective provides the best life insurance in Miramar for women, with the highest MoneyGeek score of 92 out of 100.
The average monthly premium for the best life insurance for women in Miramar is $28.
Miramar's life insurance premiums and coverage options may differ from other parts of Florida. For example, Protective has competitive rates and high MoneyGeek scores in Miramar, which may vary in other cities. Comparing local options will help you find the best coverage.
If a life insurance company goes bankrupt in Miramar, state guaranty associations typically cover claims up to certain limits, protecting policyholders from losing coverage.
Miramar residents may need life insurance to secure their family's financial future, cover debts and ensure peace of mind. It can help with final expenses, mortgage payments and education costs, making it a key part of financial planning.
To find a lost life insurance policy in Miramar, check personal records and contact the deceased's financial advisor or insurance provider. You can also use the National Association of Insurance Commissioners (NAIC) policy locator service for assistance.
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.
