Lowest Auto Insurance In Florida - To help you find the best cheap auto insurance in Florida, our editorial team has compared quotes from the best auto insurance companies across every Florida zip code. We list the Best Florida Companies based on customer service, complaints, affordability and financial stability.
To find the best cheap companies, we calculated the average price for minimum coverage, which meets Florida's requirements of $10,000 in personal injury coverage (PIP) and $10,000 in property damage coverage. A quote for a full coverage policy includes collision and comprehensive coverage and liability limits higher than state minimums.
Lowest Auto Insurance In Florida
The average cost of car insurance in Florida is $1, $189 per year, or $99 per month for minimum liability.
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Geico has the cheapest car insurance in terms of minimum coverage in Florida. Geico car insurance costs $34 a month, which is 66% less than the average cost of coverage in Florida.
Florida drivers may also find cheaper rates with State Farm, which are 51% cheaper than Florida's average price at $48 per month.
Geico also has the cheapest full coverage auto insurance in Florida, with a quote of $1,690 a year. That's 45% cheaper than the state average.
State Farm also has cheap full coverage at $1,698 a month, which is only $8 more a year than Geico costs. State Farm can offer cheaper rates than Geico if you want to combine home or renters insurance thanks to State Farm's best combined discounts.
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Liability-only policies meet Florida's minimum insurance requirements, which include $10,000 in personal injury protection (PIP) coverage and $10,000 in property damage liability for each accident.
A full coverage policy includes liability coverage in addition to collision and comprehensive coverage, which covers repairs to your vehicle from car accidents, storms or other accidents. Comprehensive car insurance is a good idea to protect a new car or car that has a loan or lease against any type of road risk.
Car insurance costs in Florida are usually more expensive for drivers who have been in an accident or who have received a citation from a DUI or traffic violation. Geico and State Farm are the cheapest auto insurance companies in Florida for high-risk drivers.
State Farm has the cheapest car insurance for people who have received a speeding ticket. On average, State Farm rates are 50% cheaper than the state average for ticketed drivers.
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Geico also has cheaper rates for drivers with speeding tickets - although Geico's rate is $1,012 more than State Farm's rate.
Geico car insurance costs for drivers who have been in a single accident are $1,988 per year, which is 55% cheaper than average. State Farm prices are 47% cheaper than average, at $2,329 per year.
State Farm and Geico offer the cheapest comprehensive auto insurance for drivers who have been in an accident. This is the only company that offers monthly rates under $200 for drivers with accidents on their record.
Just one accident on your driving record can raise your prices by $448 a year - 43% more than average.
Average Cost Of Car Insurance In Florida
In Florida, drivers with a DUI may find car insurance cheaper from Geico, with an average price of $2,994. Farmers is the second most affordable option, with an average annual price of $3,161.
Florida allows insurance companies to set rates based on your credit history. Fortunately, drivers with poor credit may be able to get cheap coverage from State Farm or Geico. Both companies offer car insurance rates that are 35% cheaper than average.
Geico has the cheapest full coverage rates for senior drivers, averaging $117 per month for a 65-year-old driver in Florida. State Farm is also an affordable company, with an average rate of $131 per month for auto insurance in Florida.
You may see your car insurance rates increase as you get older as insurance companies find that some older drivers may be more prone to accidents as their driving skills decline. To save on car insurance as you get older, you can save 10% to 20% on each discount if you qualify for the Mature Driver Discount, Defensive Driver Discount or Low Mileage Discount.
Why Florida Car Insurance Is So Expensive
The cheapest comprehensive car insurance for 18-year-old drivers comes from Geico. In Florida, Geico rates are 66% cheaper than average for teenagers looking for comprehensive car insurance. Alternatively, State Farm also offers cheap coverage, 46% below average.
Car insurance costs for teenage drivers are much higher. For these drivers, the average cost for full coverage is $8,772 — more than two and a half times the average cost for a 30-year-old driver. However, teenagers can still find affordable car insurance in Florida by comparing rates from several companies.
Young drivers with speeding tickets can get affordable car insurance from Geico, which costs $2,532 a year — 72% cheaper than average.
On average, Geico is the cheapest insurance company for teenage drivers involved in accidents, at $1,068 per year. This is 64% cheaper than the average for minimum liability coverage.
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At-fault accidents increase the cost of car insurance, an even greater burden for teenage drivers whose premiums are already much higher.
It is common for married drivers to get cheaper car insurance rates than unmarried drivers. In Florida, car insurance for married drivers tends to cost 5% less than the rate for unmarried drivers. However, this discount is not the same across all companies. For example, Progressive rates drop $792 per year for married drivers, while State Farm rates remain the same.
State Farm is our pick for the best insurance companies in Florida based on top ratings from company editors. We also factor in strong customer service ratings in the J.D. Auto Insurance Claims Satisfaction Survey. Power.
Geico is another solid choice because of its easy online experience when purchasing an insurance policy, along with some of the cheapest rates in the state.
First Month Free Car Insurance
Customer service should be an important part of your decision with an insurance company. Good service makes things run more smoothly during the often stressful and trying times after an accident.
Florida auto insurance costs $2,962 a year for a full coverage policy or $247 a month. Location, along with other personal characteristics, can change the typical cost.
Santa Rosa Beach is the cheapest city for car insurance in Florida, averaging $2,122 annually. Brownsville, located just outside of Miami, is the most expensive city, with a price tag of $4,291.
Likewise, the cheapest Florida zip code for car insurance is 32459 in Santa Rosa Beach. Drivers in the Miami area code 33127 have the most expensive car insurance rates, at $4,313 per year.
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The minimum limits for auto insurance coverage in Florida, according to the Florida Bureau of Insurance Regulations and State Automotive Requirements, only include $10,000 per PIP accident and property damage liability.
Bodily liability and uninsured motorist coverage are standard and recommended in your policy, but you can opt out in writing. The minimum limit you can get is either $10,000 per person or $20,000 per accident.
While you may meet the minimum requirements for auto insurance in Florida, it may not be the best policy for your needs. We recommend that most drivers consider subscribing to a higher cover limit.
If you have an expensive accident, the minimum coverage may not be enough to cover the full damage, and you may have to pay out of pocket.
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This applies whether you are a college student at the University of Central Florida on a budget, a new driver starting in Tallahassee, or a retired student in South Florida.
Florida is a no-fault state, which means insurance companies are required to provide coverage to drivers regardless of who is at fault in the accident. Florida's Motor Vehicle Defects Act helps ensure drivers receive appropriate medical care and a certain level of financial protection.
For this reason, Florida drivers need to carry PIP and PDL as part of their auto insurance policy.
Although Florida's no-fault laws require drivers to carry personal injury coverage, at-fault drivers can still be sued in the event of serious bodily injury or death. For this reason, bodily injury liability coverage (BIL) is often recommended to ensure additional protection from such lawsuits.
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If you cause an accident that results in bodily injury to another person, or if you are found to be driving under the influence, you will be required to carry additional types of coverage and higher coverage limits under Florida's Financial Responsibility Act, called an SR-22 or FR-44 insurance.
For accidents resulting in any degree of bodily injury or death, drivers will be required to provide SR-22 insurance, often referred to as a Certificate of Financial Responsibility. In addition to Florida's no-fault requirements, SR-22 insurance requires:
This coverage will pay for bodily injuries to the driver or other passengers involved in an accident that you cause.
Florida residents convicted of driving under the influence of alcohol or drugs are required to meet FR-44 insurance standards. The requirements for FR-44 protection are much higher than minimum fault-free protection or SR-22 certification. Specifically, locking the FR-44 requires:
Car Insurance Costs For 50 Year Olds (and Those Over 50)
Geico has the cheapest auto insurance in Florida for most people. Geico offers the lowest rates for liability only policies and full coverage for young and old drivers.
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