Cheapest Car Insurance in Florida (2024)
- Expertise: Auto insurance, home insurance and renters insurance
- Education: University of California-Berkeley (BA in History)
Rob Bhatt is a licensed insurance agent and joined the staff of Lending Tree in 2021. Previously, he spent more than 20 years writing for and editing regional publications in California, Nevada and Washington. Rob enjoys helping readers understand how different coverages work so they can make informed purchasing decisions, and he specializes in producing research-backed content for LendingTree about auto, home and renters insurance. His work has been cited by ABC, Business Insider, MSN and Yahoo.
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.
Cheapest full-coverage car insurance in Florida: State Farm
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.
Cheapest car insurance companies
| Company | Annual rate | LendingTree 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.
Cheapest Florida liability insurance: Geico
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.
Cheapest companies for liability coverage
| Company | Annual 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.
Cheapest quotes for young drivers in Florida: Geico
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
| Company | Liability | Full 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 |
Cheapest Florida rates after a speeding ticket: State Farm
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
| Company | Annual rate (full coverage) |
|---|---|
| State Farm | $2,113 |
| UAIC | $2,886 |
| Travelers | $2,939 |
| Geico | $3,359 |
| Progressive | $4,761 |
| Allstate | $5,150 |
Cheapest quotes after an accident in Florida: State Farm
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
| Company | Annual rate |
|---|---|
| State Farm | $2,283 |
| Geico | $2,748 |
| Travelers | $3,242 |
| UAIC | $3,755 |
| Progressive | $5,308 |
| Allstate | $8,925 |
Best quotes for drivers with a DUI: Travelers
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
| Company | Annual rate |
|---|---|
| Travelers | $3,503 |
| Geico | $3,520 |
| Progressive | $4,043 |
| UAIC | $5,083 |
| Allstate | $6,561 |
| State Farm | $7,019 |
Best rates for Florida drivers with bad credit: UAIC
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
| Company | Annual rate |
|---|---|
| UAIC | $2,886 |
| Geico | $3,740 |
| Travelers | $4,928 |
| Progressive | $5,567 |
| Allstate | $9,771 |
| State Farm | $9,994 |
Cheapest car insurance for Florida seniors: Geico
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
| Company | Annual 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 age | Annual 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.
Florida car insurance rates by city
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
| City | Annual 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 |
How much is car insurance in Florida?
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.
Car insurance laws in Florida
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.
- 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.
Frequently asked questions
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.