Best Cheap Car Insurance in Florida

Cheapest Car Insurance in Florida: State Farm

According to our analysis, State Farm has the cheapest average annual rates for car insurance in Florida, with a sample rate of $1,652 per year (or $138 per month). State Farm’s rate is $901 cheaper than the statewide average of $2,553 per year.

In addition to being the cheapest statewide, State Farm has the lowest sample rates in several driver categories, including drivers with a speeding ticket, a single accident on their record, and a DUI. Its sample rate for drivers with a DUI is $1,772, which is about half the average annual rate in this category at $3,617.

State Farm is No. 3 in our rating of the best car insurance companies, which includes an analysis of the nation’s largest insurers based on multiple criteria, including a survey of more than 9,500 consumers.

Cheapest Car Insurance Rates for Teen Drivers: Geico

As new drivers, 17-year-olds pay some of the highest rates on average. In Florida, females pay an annual average of $8,048 and males pay $9,147 for car insurance. Geico offers the most favorable annual rates for teen drivers, at $3,805 for females and $4,078 for males. The most expensive rates for teen drivers in Florida are with Allstate. Its average annual rates are $16,597 for females and $18,311 for males.

Cheapest Car Insurance Rates for Young Adults: State Farm

Florida’s yearly car insurance rates for unmarried young adults at age 25 are significantly less than the rates for teens, averaging $2,901 for females and $2,924 for males. An annual auto policy with State Farm is the cheapest option, averaging $1,786 for females and $1,898 for males. Alternatively, Allstate is the most costly choice with an average rate of $4,035 for females and $4,093 for males.

Cheapest Car Insurance Rates for Adults: Geico

For married 35-year-olds in Florida, the average car insurance rate is $2,552 for females and $2,454 for males. The cheapest insurance rates for adults are with Geico, averaging $1,820 for females and $1,634 for males.

Geico is tied at No. 4 in our rating of the Best Car Insurance Companies. That rating of large insurers doesn’t include every company in this Florida-specific article. It reviews companies based on a number of criteria, including feedback from a survey of more than 9,500 consumers.

Allstate is the most expensive insurer in Florida for adults, with sample annual rates of $4,067 for females and $3,928 for males.

Cheapest Car Insurance Rates for Seniors: State Farm

The average rates for married 60-year-old females and males in Florida are $2,246 and $2,243 per year, respectively. State Farm is the cheapest car insurance carrier for this age group. Its average annual rates are $1,487 for both males and females. Allstate’s sample rates for senior drivers, the most expensive in this category, are $3,588 for females and $3,675 for males.

Cheapest Car Insurance Rates for Good Drivers: State Farm

If you live in Florida and have a clean driving record, you may find a favorable car insurance rate with State Farm. Its sample rate of $1,652 per year is far less than Florida’s overall average of $2,553 per year. Allstate is the most expensive insurance company in this category with an average annual rate of $3,898.

Cheapest Car Insurance Rates After a Speeding Ticket: State Farm

Having a speeding ticket on your driving record can affect how much you pay for car insurance. In Florida, drivers in this category pay $2,942 on average. State Farm’s sample rate of $1,772 is the lowest in this category. Allstate has the highest average yearly rate of $3,898.

Cheapest Car Insurance Rates After an Accident: State Farm

Florida’s average car insurance rate jumps to $3,614 per year after an accident. However, the average annual cost of a policy with State Farm is $1,903, far less than the statewide average. In contrast, Allstate’s rate of $6,185 is almost $2,600 higher than the state’s average.

Cheapest Car Insurance Rates After a DUI: State Farm

A DUI conviction can seriously impact your auto insurance rates. In Florida, drivers in this category pay an average of $3,617 per year for insurance. According to our data, sample costs range from $1,772 per year with State Farm to $4,908 per year with Allstate.

Cheapest Car Insurance Rates for Military Families

Active military members, veterans, and their immediate family members can get cheap rates with USAA.

Since this coverage is limited to military members and their families, we don't have state-specific rates for USAA, but it’s an option for Florida military families.

Cheapest Car Insurance Rates for Drivers with Poor Credit: Geico

For Florida drivers with poor credit, Geico is the cheapest car insurance with an average annual premium of $2,997, or roughly $250 per month.

Insurers usually see drivers with lower credit scores as high-risk, which leads to potentially higher premiums. However, since each insurer calculates premiums differently, the exact impact of your credit score on your insurance rates can vary.

How Much Does Car Insurance Cost in Florida?

In Florida, car insurance costs an average of $2,553 annually, according to our data, more than $1,000 higher than the national average rate of $1,543. State Farm is the cheapest insurer in Florida. Its sample annual rate of $1,652 is $901 less than the state average.

It’s important to note that these are sample rates and a number of factors impact the actual rates you’ll pay for car insurance. Among those are your age, your driving history, and where you live. The impact these and other variables have on car insurance costs is reflected in the national average rates paid by different groups of drivers.

Costs also vary widely by insurer, regardless of demographics or driver profile. To learn more about finding the most affordable car insurance, see our rating of the cheapest car insurance companies.

How Much Is Minimum Coverage Car Insurance in Florida?

The average annual rate for liability-only coverage car insurance in Florida is $2,039. Geico is the cheapest option with an average rate of $1,169 per year. On the other hand, United Automobile is the most expensive option with its rate averaging $3,235 on a yearly basis.

How Much Is High Coverage Car Insurance in Florida?

For those who want higher levels of coverage in Florida, car insurance can average $2,840 yearly. State Farm and Allstate are the cheapest and most expensive insurance companies, respectively. For this type of coverage, State Farm’s rate is $1,875 per year and Allstate’s is $4,401.

Florida Insurance Rates by City

Among the 10 major Florida cities in our study, only four have average annual car insurance rates cheaper than the state average of $2,553. Tallahassee has the cheapest sample rate we found, $2,147 per year on average. Cape Coral, Jacksonville, and Port St. Lucie also have rates lower than the state average.

Our analysis shows that Hialeah has the most expensive sample rate among the 10 top cities. On average, drivers there pay $3,498 per year.

How Much Car Insurance Do I Need in Florida?

How much car insurance you need in Florida depends on your vehicle’s use and the form of insurance you obtain:

Additionally, you may be required by a lender or lessor to purchase comprehensive and collision coverage, as well as other additional coverages, if you have a loan on your vehicle or if you lease it.

Learn more about how much car insurance you need.

Is Florida a no-fault state?

Yes, Florida is a no-fault insurance state. Drivers are required to carry Personal Injury Protection (PIP) coverage to cover medical expenses arising from an accident without regard for fault. In other words, those injured in an accident must go back to their own insurance company to claim coverage for their medical care. The at-fault driver can be sued, but only if the injuries are severe enough as dictated by state law.

Florida’s no-fault law does not extend to vehicle damage. Therefore, a not-at-fault driver can file a liability claim against the at-fault driver’s policy to pay for their vehicle repairs.

Factors That Impact the Cost of Car Insurance in Florida

Below is a list of factors that can affect your vehicle insurance rates in the state:

How to Get the Cheapest Car Insurance Rates in Florida

Finding affordable car insurance in Florida may require some extra research. Due to the state's frequent weather-related risks and the high number of uninsured drivers, insurers in this state tend to drive up their prices.

Here are a few tips for lowering your car insurance costs in Florida:

Compare quotes

We recommend getting quotes from at least three different car insurance companies to find the best rates. Often, you can get an online quote or have an independent insurance agent shop rates for you.

Maintain a clean driving record

Some companies offer lower rates for driving safely, especially if you’ve been accident-free.

Many insurance companies are offering competitive prices when you use a telematics device or an app to monitor your driving habits.

Opt for a higher deductible

Choose a higher deductible to lower your monthly premiums. However, be prepared for higher out-of-pocket expenses if you file a claim.

Drive less

Lower your annual mileage to qualify for lower rates. You can reduce your driving by getting a closer job, working remotely, carpooling, or taking public transit.

Improve credit score

Maintain a good credit score, as many insurers use it to determine rates. If you don’t have a good credit score at the moment, take steps to improve so you can secure lower rates on a future policy.

Maintain continuous coverage

A consistent vehicle insurance history without lapses demonstrates responsibility and can save money.

Inquire about discounts

You may find your way to a better rate by qualifying for discounts that many insurers offer. Some typical car insurance discounts in Florida can include the following:

Remember, discounts will vary by insurer, in both availability and amount of savings. Not all drivers will qualify for a discount. You’ll want to check with your insurer to find out what savings opportunities are available in your zip code and how to qualify.
In addition to discounts, it’s important to regularly review your coverage and make adjustments, as your coverage needs may fluctuate from year to year. While you want to make sure you’re covered, you don’t want to overpay for coverages you no longer need.

When is a Driver Required to Obtain an SR-22?

Drivers who’ve been found liable for traffic accidents, convicted of a DUI, or who’ve been caught driving with their license revoked or suspended may be required by a court or their state’s department of motor vehicles to obtain an SR-22. Driving without insurance is among the other violations that can lead to a requirement for an SR-22.

The SR-22 form, also sometimes called an SR-22 bond, is not insurance. It is a certificate of financial responsibility that verifies the motorist carries adequate insurance to meet their state’s minimum requirements.

A driver who has been required to obtain an SR-22 will need to contact their insurance company and have them file the necessary paperwork.

What Is the Difference Between an SR-22 and an FR-44?

The FR-44 is also a document that demonstrates financial responsibility, but it is typically reserved for cases in which motorists have committed very serious driving-related infractions. Though there are similarities between the two forms, the liability coverage requirements for an FR-44, which is only used in Florida and Virginia, are substantially higher than for an SR-22. In Florida, an FR-44 requires coverage amounts that are many times higher than the state’s typical minimum requirements.

Both Florida and Virginia also use SR-22 forms. These are required in the cases of drivers whose traffic-related offenses are less serious.

FAQs

Car Insurance in Other States

Methodology - How We Collected Our Florida Car Insurance Rates