Compare Cheap Auto Insurance in Florida

Drivers with clean records in Florida may find the cheapest rates from State Farm, with an average annual premium of $2,402. This is significantly lower than the statewide average of $3,672 and just above the national average. Travelers and Nationwide also offer affordable rates below the state average.

GEICO offers the cheapest rates for minimum coverage in Florida. The average annual premium for minimum coverage in Florida is $761, which is about 44 percent cheaper than the statewide average. Drivers who are looking for state minimum coverage also may find affordable rates from State Farm and Travelers.

State Farm has the best rates for teen drivers in the Sunshine State. Its average premium for teen auto insurance is $5,412, which is well below the statewide average of $8,080. GEICO and Travelers also have below-average rates for teens. Young drivers face the highest premiums due to their lack of experience, so it’s important to look for the cheapest rates and take advantage of any teen discounts.

State Farm also offers the lowest average rate for drivers with a speeding ticket in Florida. At $2,536, it’s 36 percent lower than the state average and about $200 cheaper than the national average. Travelers, Nationwide and UAIC also have competitive rates.

State Farm also offers the best rates for drivers with an at-fault accident on their record. The company’s average annual rate for drivers with an at-fault accident is $2,928, which is significantly cheaper than the statewide average of $4,472 and slightly below the national average. Travelers comes in second, with an average rate of $2,956 per year.

A DUI is a severe offense that can significantly increase insurance premiums. Drivers in Florida with a DUI may find the cheapest rates from Travelers; the company’s average rate of $3,310 per year is about 31 percent lower than the state average. State Farm also offers competitive rates for high-risk drivers in the Sunshine State.

Nationwide has the cheapest rates for drivers with low credit in Florida, at $3,798 annually. Travelers and GEICO also offer competitive rates of $4,212 per year and $4,244 per year, respectively.

While GEICO and Allstate ranked highest for customer satisfaction in J.D. Power’s customer satisfaction study in Florida, they scored below average in their claims satisfaction study nationwide. State Farm did not score as high as GEICO and Allstate in Florida, but it consistently ranked above average in both studies. It’s worth getting a quote from all three companies, especially State Farm and GEICO, which offer some of the lowest average rates across several categories. While Allstate does not offer the cheapest rates in Florida, it may be worth the higher cost if customer service is important to you.

Florida Farm Bureau also ranks well for customer satisfaction, but its average rates in Florida aren’t available; get a quote to see how it compares.

1. Get multiple quotes. Although drivers in Florida should expect higher car insurance rates than the national average, every company assesses risk differently and will offer you a different rate. Depending on your profile, you may get wildly different quotes, so it’s important to check with multiple companies to get the best rate.
2. Drive safely. Insurance in Florida is pricey as a baseline, but the best way to keep your rates as low as possible is to practice safe driving habits and keep your record clean. An at-fault accident, for example, can raise your rates by over 20 percent, on average.
3. Ask about discounts. Most drivers can take advantage of discounts on their auto policy, including bundling discounts, safety equipment discounts and multivehicle discounts. If you’re not sure what discounts are available, check with an agent to make sure you’re getting all the discounts you’re eligible for.
4. Sign up for a telematics program. Most major insurers offer telematics programs, which use a plug-in device in your car and/or a mobile app to track your driving habits, such as speed and braking. If you drive safely, you’re rewarded with a discount, which can be upward of 20 percent off your premium. However, some programs can also raise rates for unsafe driving, so make sure to read the fine print before you enroll.

Location is one factor in the cost of car insurance, and major cities generally experience the highest prices. In Florida, Miami has the highest rates, at $4,787 per year, which is 30 percent higher than the statewide average. Average rates go down significantly in Jacksonville to $3,575.

Drivers in Florida must carry a minimum amount of car insurance by law, though Florida’s requirements are lower than those of other states. These are the minimum coverage limits:

• Property damage liability: $10,000 per accident
• Personal injury protection (PIP): $10,000 per person

Florida is one of the only states that do not require bodily injury liability coverage; even other no-fault states require this coverage. While you technically may not need it because every driver has PIP, you can find yourself in a bad situation if you cause an accident and the other driver’s injuries are severe enough to allow them to recover damages from you. Without any bodily injury liability coverage, you would be responsible for those costs out of pocket. That’s why we recommend adding bodily injury liability to your policy, as well as comprehensive and collision coverage, if you can afford it. Additionally, if you leased or financed your car, your lender may require you to carry full coverage and gap insurance in Florida.

We analyze average auto insurance premiums in Florida for full and minimum coverage for good drivers with good credit. We also analyzed premiums for drivers with DUIs, accidents and low credit, as well as households with teenagers. Full coverage averages use the following limits:

• Bodily injury liability: $100,000 per person/$300,000 per accident
• Property damage liability: $100,000 per accident
• Personal injury protection: $10,000 per person
• Uninsured and underinsured motorist bodily injury: $100,000 per person/$300,000 per accident
• Comprehensive and collision: $500 deductible