Lowest Auto Insurance Rates In Florida - To help you find the best cheap auto insurance in Florida, our editorial team has compared quotes from the top auto insurance companies in every ZIP code in Florida. We've ranked the best companies in Florida based on customer service, complaints, affordability and financial stability.
To find the best affordable companies, we averaged quotes to get the minimum amount that meets Florida's state requirements of $10,000 in personal injury protection (PIP) and $10,000 in property damage coverage. Full policy quotes include collision and comprehensive coverage and credit limits higher than the state minimum.
Lowest Auto Insurance Rates In Florida
The average cost of auto insurance in Florida is $1,189 per year, or $99 per month, with less credit.
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Geico has the cheapest auto insurance in Florida. Geico's auto insurance costs $34 per month, which is 66% less than the average cost of coverage in Florida.
Florida drivers can also get cheaper quotes through State Farm, which are 51% cheaper than average Florida rates at $48 per month.
Geico also has full coverage Florida auto insurance with an annual quote of $1,690. This is 45% cheaper than the national average.
State Farm also has the cheapest full coverage at $1,698 per month, which is $8 more per year than Geico. State Farm can offer you cheaper rates than Geico if you want to bundle home or renters insurance because of State Farm's better discounts.
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Liability policies meet Florida's minimum insurance requirements, which are $10,000 in personal injury protection (PIP) and $10,000 in property damage liability per accident.
Comprehensive coverage policies include liability and collision coverage and comprehensive coverage, including repairs to your vehicle as a result of a car accident, hurricane or other accident. Full coverage car insurance is a good idea to protect new or loaner or rental cars from any road hazards.
Florida car insurance costs tend to be more expensive for drivers who have been involved in a collision or received citations for DUI or traffic violations. Geico and State Farm were the cheapest auto insurance companies in Florida for high-risk drivers.
State Farm has the cheapest auto insurance for people who have received a speeding ticket. On average, State Farm rates for licensed drivers are 50% cheaper than the national average.
Cheap Car Insurance In Florida 2022
Geico also has cheaper rates for drivers with speeding tickets — although Geico's rates are $1,012 more than State Farm's.
Geico's cost of auto insurance for single-accident drivers is $1,988 per year, which is 55% cheaper than the average. State Farm rates are 47% cheaper than average at $2,329 per year.
State Farm and Geico offer affordable comprehensive auto insurance for drivers who have been involved in a single accident. These are the only companies that offer monthly rates under $200 for accident drivers.
A single accident on your driving record can raise your premiums by $1,448 a year, 43% more than the average.
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In Florida, DUI drivers can get auto insurance from Geico at an average annual rate of $2,994. Farmers is the second cheapest option, with an average annual rate of $3,161.
Florida allows insurance providers to set rates based on your credit history. Fortunately, drivers with bad credit can still get cheap coverage from State Farm or Geico. Both companies offer car insurance that is 35% cheaper than the average.
Geico has the cheapest comprehensive coverage quotes for senior drivers, averaging $117 per month for a 65-year-old driver in Florida. State Farm is also an affordable company, with average rates of $131 per month for the highest auto insurance in Florida.
Your auto insurance quotes may go up as you get older, because insurance companies are finding that some senior drivers are more likely to get into accidents as their driving skills decline. To save on car insurance as you get older, you can get savings of 10% to 20% per discount if you qualify for the senior driver discount, defensive driver discount or low mileage discount.
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Cheap comprehensive car insurance for 18 year old drivers from Geico. In Florida, Geico rates are 66% cheaper than average for teenagers looking for full coverage auto insurance. Plus, State Farm also offers more affordable coverage, 46% below average.
Car insurance costs for new drivers are very expensive. For these drivers, the average cost of full coverage is $8,772 — more than two and a half times the average cost for 30-year-old drivers. However, teenagers can find affordable car insurance in Florida by comparing rates from several companies.
Young drivers with a speeding ticket can get auto insurance from Geico, which costs $2,532 a year — 72% cheaper than the average.
Geico is, on average, the cheapest insurance company for young at-risk drivers at $1,068 a year. It is 64% cheaper than the average mortgage loan.
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At-fault accidents increase the cost of car insurance, which is an even greater burden for young drivers with high premiums.
It is common for married drivers to get cheaper car insurance rates than single drivers. In Florida, car insurance for married drivers typically costs 5% less than single driver rates. However, this discount is not the same for all companies. Progressive's rates, for example, dropped $792 a year for married drivers, while State Farm's remained the same.
State Farm is our pick for the top insurance company in Florida based on positive editor ratings. We also included strong customer service ratings in the J.D. Power Auto Insurance Claims Satisfaction Survey.
Geico is another solid choice because of the convenient online experience for purchasing a policy, as well as some of the cheapest rates in the country.
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Customer service should be an important part of your insurance decision. Good service eases things in what can often be a stressful and avoidable time after an accident.
Auto insurance costs in Florida are $2,962 per year for a full coverage policy, or $247 per month. Location and other personal factors can change the average cost.
Santa Rosa Beach is the cheapest city in Florida for car insurance at an average of $2,122 per year. Brownsville, outside of Miami, is the most expensive city at $4,291.
Also, the cheapest Florida zip code for car insurance is 32459 in Santa Rosa Beach. Drivers in the 33127 area code of Miami have the most expensive car insurance rates at $4,313 per year.
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Florida auto insurance limits, according to Florida Office of Insurance Regulation and federal auto insurance requirements, include only $10,000 per accident for PIP and property damage liability.
Bodily injury liability and uninsured motorist coverage are standard and recommended on your policy, but you can opt out in writing. The minimum you can get is $10,000 per person or $20,000 per accident.
While you may meet the minimum requirements for Florida auto insurance, it may not be the best policy for your needs. We recommend that most drivers opt for higher coverage limits.
In the case of a more expensive accident, your minimum coverage may not be enough to fully cover the damage, and you may have to pay out of pocket.
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This applies if you are a college student at the University of Central Florida on a budget, a new driver starting in Tallahassee, or a retiree from South Florida.
Florida is a no-fault state, which means that insurance providers must provide coverage to drivers who are not at fault in an accident. Florida's No-Fault Motor Vehicle Act ensures that drivers receive adequate medical care and some level of financial protection.
Therefore, Florida drivers must carry PIP and PDL as part of their auto insurance.
While 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. Therefore, it is recommended to carry Bodily Injury Liability (BIL) to ensure additional protection in such cases.
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If you cause an accident that causes bodily harm to another person or you are driving under the influence, you will need to carry other types of coverage and higher coverage limits under Florida's Financial Responsibility Act, known as SR-. 22 or FR-44 insurance.
For accidents resulting in bodily injury or death, drivers must submit an SR-22 insurance policy, often referred to as a certificate of financial responsibility. In addition to Florida's no-fault requirements, SR-22 insurance:
This coverage will pay for bodily injuries to other drivers or passengers involved in an accident caused by this coverage.
Florida residents convicted of driving under the influence of alcohol or drugs (DUI) must meet FR-44 insurance standards. FR-44 filing requirements are much higher than error-free minimum filings or SR-22 certifications. Specifically, the FR-44 insurance policy requires:
Cheapest Car Insurance In Florida
Geico has the cheapest auto insurance in Florida for most people. Geico offers the lowest rates for no-liability policies and comprehensive coverage for young and old drivers.
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