How to Compare Car Insurance Rates 2024
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Cheapest Car Insurance in Florida (2024)

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Content was accurate at the time of publication.

Geico and State Farm have the cheapest car insurance for most Florida drivers. Geico has the cheapest liability car insurance in Florida, at $39 a month on average, while State Farm has the least expensive full-coverage rate, with an average of $163 a month.

Find the Cheapest Car Insurance Quotes in Florida

State Farm narrowly beats out Geico for the best full-coverage car insurance rates in Florida. Its rates average $1,956 a year, or $163 a month.

Geico’s full-coverage rates average $2,007 a year, which works out to $167 a month.


CompanyAnnual rateLendingTree Score
State Farm$1,956 4.5
Geico$2,007 3.7
Travelers$2,378 4.4
UAIC$2,886 Not rated
Progressive$3,560 3.8
Allstate$5,150 3.2

Since car insurance rates vary by customer, we recommend that you compare quotes from multiple companies when you shop.

Geico has the cheapest liability car insurance in Florida. Its rates average $469 a year, or $39 a month. State Farm has the next-cheapest liability rate, $663 a year, or $55 a month.


CompanyAnnual rate
Geico$469
State Farm$663
Travelers$765
Progressive$1,540
UAIC$1,577
Allstate$2,222

Liability car insurance in Florida includes $10,000 in personal injury protection (PIP) and $10,000 in property damage liability.

  • PIP covers injuries you and your passengers suffer in a car accident, regardless of fault.
  • Property damage liability covers damage you cause to other people’s vehicles or property.

Geico has the cheapest car insurance quotes for young drivers. It charges 18-year-olds an average of $1,072 a year for liability and $5,156 a year for full coverage.

Travelers has Florida’s second-lowest liability rates for teen drivers at $1,692 a year. State Farm has the second-cheapest full-coverage rate for teens, $5,610 a year.

Car insurance rates for teen drivers

CompanyLiabilityFull coverage
Geico$1,072 $5,156
Travelers$1,692 $6,346
State Farm$1,699 $5,610
UAIC$3,732 $6,556
Allstate$3,876 $13,743
Progressive$5,127 $14,015

State Farm has the cheapest car insurance for Florida drivers with a speeding ticket, at $2,113 a year, or $176 a month, for full coverage.

Florida drivers with a speeding ticket pay an average of 18% more for car insurance than those with no prior violations or accidents.

However, State Farm only raises its rates for drivers with a speeding ticket by 8%.

Cheapest car insurance for drivers with a speeding ticket

CompanyAnnual rate (full coverage)
State Farm$2,113
UAIC$2,886
Travelers$2,939
Geico$3,359
Progressive$4,761
Allstate$5,150

Find the Cheapest Car Insurance Quotes in Florida

State Farm has the cheapest car insurance quotes for Florida drivers with a prior accident, averaging $2,283 a year, or $190 a month.

A prior at-fault accident bumps the average price of car insurance in Florida by 46% to $3,594 a year, as insurers see the driver as more risky.

Cheapest car insurance for drivers with an accident

CompanyAnnual rate
State Farm$2,283
Geico$2,748
Travelers$3,242
UAIC$3,755
Progressive$5,308
Allstate$8,925

Travelers has the cheapest car insurance quotes for Florida drivers with a DUI, at $3,503 a year, or $292 a month, for full coverage.

A DUI raises the average price of car insurance in Florida by 66% to $413 a month.

Cheapest car insurance after a DUI

CompanyAnnual rate
Travelers$3,503
Geico$3,520
Progressive$4,043
UAIC$5,083
Allstate$6,561
State Farm$7,019

UAIC has the best average car insurance rate for Florida drivers with bad credit at $2,886 a year, or $241 a month, for full coverage.

In Florida, drivers with bad credit pay an average of $405 a month for full-coverage car insurance. This is more than double the rate available to a driver with good credit.

Cheap car insurance for drivers with bad credit

CompanyAnnual rate
UAIC$2,886
Geico$3,740
Travelers$4,928
Progressive$5,567
Allstate$9,771
State Farm$9,994

Geico has the cheapest car insurance for senior citizens in Florida. Its rates for 65-year-olds average $1,677 a year, or $140 a month, for full coverage.

State Farm has the next-cheapest rate for seniors, $1,775 a year, or $148 a month.

Cheap car insurance for senior citizens

CompanyAnnual rate
Geico$1,677
State Farm$1,775
Travelers$2,056
UAIC$2,674
Progressive$3,224
Allstate$5,001

A 65-year-old Floridian pays an average of 9% less for car insurance than a 30-year-old. However, your rates may increase after you turn 65.

For example, a 75-year-old pays 21% more for car insurance than a 65-year-old. At 85, a driver is charged 52% more for car insurance than a 65-year-old.

Florida car insurance rates by age

Driver ageAnnual rate
30$2,990
65$2,735
75$3,314
85$4,143

Senior citizens have slightly higher crash rates than middle-aged drivers — this is the main reason why insurance companies raise rates for drivers in their retirement years.

One way to offset a portion of these rate increases is to complete a defensive driving class. Just make sure a class qualifies for a discount before you enroll.

Find the Cheapest Car Insurance Quotes in Florida

State Farm, Geico and Travelers are some of the best car insurance companies in Florida because of their great customer service, coverage options and cheap rates.

CompanyLendingTree ScoreJ.D. Power customer satisfaction
State Farm4.5842
Travelers4.4829
Progressive3.8819
Geico3.7835
Allstate3.2824
UAICNot ratedNot rated

State Farm

  • Low full-coverage average rate of $1,956 a year
  • 35% lower than state average
  • AM Best’s financial strength rating: A++

Pros

 Cheapest full-coverage rates for Florida drivers

 High quality customer service

 Large network of agents for personal customer service

Cons

 Fewer discounts than some of its major competitors

State Farm has the cheapest rate in Florida for a full-coverage policy, at an average of $163 a month. State Farm also offers cheap liability-only coverage policies, at $55 a month, on average.

Along with cheap rates, State Farm offers great customer service with its large network of agents. State Farm also has an AM Best rating of A++, which shows the company is in a great financial standing and can pay out claims.

On the flip side, State Farm doesn’t offer as many discounts as other major car insurance companies.

Geico

  • Low full-coverage average rate of $2,007 a year
  • 33% lower than state average
  • AM Best’s financial strength rating: A++

Pros

 Cheapest rates for liability-only policies

 Many discounts that could save you a lot of money

Cons

 Few optional coverages

Geico has the cheapest average rate for drivers needing a liability-only car insurance policy, at $39 a month.

Although Geico doesn’t offer the cheapest average rate for a full-coverage policy, it does offer a variety of discounts. Like State Farm, Geico also has an AM Best rating of A++, which is the highest rating a company can receive.

According to J.D. Power’s 2023 auto insurance study, Geico has average to poor customer satisfaction ratings throughout multiple regions in the U.S., though it earned an above-average satisfaction score in Florida. Geico also doesn’t offer as many optional coverages as its competitors. Optional coverages can help you be better protected on the road.

Travelers

  • Low full-coverage average rate of $2,378 a year
  • 20% lower than state average
  • Low NAIC complaint rating of 0.4

Pros

 Offers new car replacement coverage that lasts five years

 A++ rating for financial strength from AM Best

Cons

 Below-average customer satisfaction score

Travelers car insurance rates are 20% cheaper than the statewide average for a full-coverage policy. Drivers with Travelers who are looking for a liability-only car insurance policy pay $64 a month. on average. This is 37% cheaper than the state average.

Travelers also has a low complaint rating from the National Association of Insurance Commissioners (NAIC), which measures complaints customers file against a company. Lower NAIC index scores are better. Travelers also received a financial strength rating of A++ from AM Best.

On the other end, Travelers has a below-average customer satisfaction score of 829 out of 1,000 points from J.D. Power.

In Florida’s largest cities, car insurance rates range from $2,347 a year for full coverage in Gainesville to $4,023 a year in Miami Gardens.

The average price of car insurance in Jacksonville is $2,925 a year, or $244 a month. Miami drivers pay an average of $3,803 a year, or $317 a month.

Car insurance rates by city

CityAnnual rate
Brandon$3,510
Cape Coral$2,575
Clearwater$3,231
Coral Springs$3,614
Davie$3,467
Fort Lauderdale$3,591
Gainesville$2,347
Hialeah$3,985
Hollywood$3,716
Jacksonville$2,925
Lakeland$2,805
Lehigh Acres$2,706
Miami$3,803
Miami Gardens$4,023
Miramar$3,636
Orlando$3,112
Palm Bay$2,652
Pembroke Pines$3,546
Pompano Beach$3,677
Port St. Lucie$2,945
Spring Hill$2,972
St. Petersburg$3,272
Tallahassee$2,475
Tampa$3,815
West Palm Beach$3,922

The average price of car insurance in Florida is $2,990 a year, or $249 a month, for full coverage. Liability car insurance costs an average of $1,206 a year, or $101 a month, statewide.

The actual price you pay for car insurance depends on several factors, including:

  • Your age, driving record and credit history
  • Your ZIP code
  • Your vehicle’s make, model and year
  • Any discounts you receive
  • Since insurance companies weigh these factors differently and offer different discounts, you may qualify for a much lower rate with one company than you do with others.

Florida no-fault car insurance laws apply to car accident injuries. If you and/or your passengers are injured in a car accident, your own policy’s PIP covers your initial medical bills, regardless of who causes the accident.

However, if you cause an accident, you are still financially responsible for damage you cause to other people’s vehicles and/or property.

If you cause an accident, you’re also responsible for portions of an injured person’s medical bills that exceed their PIP limits. You can also be sued for causing pain and suffering if the injuries are particularly severe.

Florida’s minimum car insurance requirements

Florida law requires the following car insurance coverages and limits:

  • PIP: $10,000
  • Property damage liability: $10,000
  • If you have a citation related to an injury-accident, you also need $10,000 in bodily injury liability.

Bodily injury liability covers the portion of an accident victim’s medical treatment that is not covered by PIP.

For example, if a person you injure in a car accident needs $40,000 in emergency medical treatment, their PIP covers the first $10,000. Your bodily injury liability covers the remaining $30,000. If you don’t have bodily injury liability, the $30,000 balance comes out of your pocket.

These car insurance coverages are optional in Florida:

  • Medical payments (MedPay): Covers injuries you and your passengers suffer in a car accident, regardless of fault. You can use MedPay to cover costs not already covered by PIP, such as a PIP deductible or copayment.
  • Uninsured/underinsured motorist: Covers injuries you and your passengers suffer in an accident caused by a driver with no insurance or not enough insurance to cover your medical bills. The coverage kicks in if your medical bills exceed your PIP limit.
  • Collision: Covers damage your vehicle sustains in a collision with another vehicle or object. It’s usually required for a car loan or lease.
  • Comprehensive: Covers your vehicle for theft or damage from noncollision causes such as fire, flood, vandalism and falling objects. It’s also usually required for a car loan or lease.
  • Rental reimbursement: Covers the cost of renting a vehicle while your vehicle is in the shop for covered repairs.
  • Towing and labor: Roadside assistance if your vehicle breaks down for any reason.
  • Gap insurance: Covers the shortfall between your car’s market value, if it’s totaled, and the amount you may still owe on a loan or lease. Gap insurance is not required by law, but it is required by some car loans and most leases.

Auto insurance verification in Florida

You need to show proof of auto insurance to register a vehicle in Florida. After that, the state monitors your insurance status electronically.

If you cancel your car insurance without a new policy in place, the system sends you a letter asking for proof of insurance. You’ll have to get a new policy to avoid having your license or registration suspended, unless you can show the letter was sent in error.

If you cancel insurance on a car you no longer drive, you need to turn in the vehicle’s license plate to avoid violating state insurance laws.

SR-22 and FR-44 car insurance in Florida

If your driver’s license or your vehicle’s registration is suspended, you may have to file an SR-22 or an FR-44 certificate to reinstate your driving privileges.

Most companies file the certificate for you after you initiate your policy. Some do it for free. Others charge a small filing fee, often between $15 and $25.

SR-22s are typically the result of insurance or driver’s license violations and usually only require you to buy liability car insurance.

FR-44s are typically required for more severe violations, such as driving under the influence (DUI). With an FR-44, you have to get insurance with bodily injury liability limits of $100,000 per person and $300,000 per accident as well as $50,000 in property damage liability and PIP.

The actual price of insurance with an SR-22 or FR-44 certificate depends largely on the nature of the offense that led to the filing requirement and the amounts of insurance you purchase.

Yes. Car insurance is required to drive legally in Florida. However, in some situations, you can post a bond or self-insure as an alternative.

Florida requires your car insurance to have at least $10,000 in personal injury protection (PIP) and $10,000 in property damage liability. If you’ve previously been cited in connection with an injury accident, you also need at least $10,000 in bodily injury liability.

Yes. Florida requires that you have proof of insurance to register your car. The state also monitors the car’s insurance status electronically after it’s registered.

If the amount you owe in a car accident claim exceeds your car insurance limits, you can be held personally responsible for the shortfall.

Liability policies satisfy Florida’s car insurance requirements, covering minor injuries to you and damage to other people’s vehicles. Full coverage covers damage to your own vehicle and serious injuries to other people if you are at fault.

Methodology

LendingTree obtains rates from insurance company filings reported to Quadrant Information Services.

Rates shown in this article are based on an analysis of car insurance quotes for sample drivers in every Florida city.

Unless otherwise noted, quotes are for a 30-year-old man with a clean driving record and good credit who drives a 2015 Honda Civic EX.

Liability policies meet Florida’s minimum requirements for personal injury protection and property damage liability.

Full coverage includes the following coverages and limits:

  • Bodily injury liability: $50,000 per person, $100,000 per accident
  • Property damage liability: $25,000
  • Uninsured motorist: $50,000 per person, $100,000 per accident
  • Personal injury protection: $10,000
  • Collision: $500 deductible
  • Comprehensive: $500 deductible

Rates are provided for comparative purposes only. Your rates may vary.

Our team of insurance experts rated insurance companies based on several categories. These categories include average rates, discounts, coverage options, third party customer service ratings, and app / website experience. We weighted these categories based on what customers value in an insurance company.

For 3rd party customer service ratings, we included NAIC’s Complaint Index scores and financial strength ratings from A.M. Best. NAIC Complaint Index scores are used to determine how satisfied customers are with their claims, while financial strength ratings from A.M. Best reflect the ability to pay out claims.