The Cheapest Car Insurance In Florida (March 2024)

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Cheapest Car Insurance in Florida


Geico

5.0

Average annual cost in Florida for good drivers

$2,771

Average monthly cost in Florida for good drivers

$231

Geico

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Bristol West

4.0

Average annual cost in Florida for good drivers

$4,072

Average monthly cost in Florida for good drivers

$339

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Mercury Car Insurance

4.0

Average annual cost in Florida for good drivers

$3,488

Average monthly cost in Florida for good drivers

$291

Mercury Car Insurance

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Summary: Cheap Florida Car Insurance Ratings

 

 

 

COMPANY FORBES ADVISOR RATING FOR CHEAP CAR INSURANCE AVERAGE COST PER YEAR FOR GOOD DRIVERS AVERAGE MONTHLY COST IN FLORIDA FOR GOOD DRIVERS LEARN MORE
geicoGeico 5.0
5-stars-removebg-preview 
$2,771 $231 Get Quotes

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Bristol_West-removebg-previewBristol West 4.0
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$4,072 $339 Get Quotes

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Mercury-InsuranceMercury 4.0
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$3,488 $291 Get Quotes

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Finding Cheap Car Insurance in Florida

Shopping around to find cheap car insurance in Florida shouldn’t be a hassle. We evaluated options in Florida to find the lowest costs.

Cheap Florida car Insurance for good drivers

Geico and Mercury are the cheapest Florida car insurance companies for good drivers, among the companies we analyzed.

 

 

 

Cheapest companies in Florida Average annual Florida car insurance cost for good drivers Learn More
Geico $2,771 Compare Quotes

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Mercury $3,488 Compare Quotes

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Travelers $3,615 Compare Quotes

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State Farm $3,902 Compare Quotes

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State average $4,326

Cheap car insurance in Florida for drivers with a speeding ticket

A speeding ticket increases car insurance rates by 25% in Florida. The exact rate increase will vary by insurance company. Even though you’ll see higher insurance rates, you can still shop around for the best car insurance.

Geico and Mercury have the lowest average car insurance rates for drivers with a speeding ticket in Florida, so make sure to get quotes from those companies if you’re shopping for Florida car insurance and have a speeding ticket on your record.

 

 

 

Cheapest companies in Florida Average annual Florida car insurance cost for drivers with a speeding ticket Learn More
Geico $3,627 Compare Quotes

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Mercury $4,472 Compare Quotes

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State Farm $4,541 Compare Quotes

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Allstate $3,902 Compare Quotes

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State average $5,395

Cheap Florida car insurance for drivers who caused an accident with injury

Causing a car crash with an injury to someone else will make it harder to find cheap car insurance. Our analysis found an average increase of 41% in Florida compared to drivers with a good driving record.

If you cause a car crash with an injury, Geico and Travelers may have the most competitive prices among the companies in our analysis.

 

 

 

Cheapest companies in Florida Average annual Florida car insurance cost for drivers who caused an accident with injury Learn More
Geico $3,551 Compare Quotes

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Travelers $5,168 Compare Quotes

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State Farm $5,296 Compare Quotes

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Bristol West (a subsidiary of Farmers) $5,540 Compare Quotes

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State average $6,114

Cheap Florida car insurance for drivers with a DUI

Car insurance premiums in Florida go up an average of 33% if you have a DUI conviction on your record. You can still compare car insurance quotes to pinpoint better rates.

The cheapest Florida car insurance companies for drivers with a DUI are Geico and Bristol West (a subsidiary of Farmers), among the insurers we analyzed.

 

 

 

Cheapest companies in Florida Average annual Florida car insurance cost for drivers with a DUI conviction Learn More
Geico $4,150 Compare Quotes

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Bristol West (a subsidiary of Farmers) $4,312 Compare Quotes

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Mercury $5,178 Compare Quotes

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Progressive $5,260 Compare Quotes

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State average $5,768

Cheap Florida car insurance for drivers with poor credit

Florida auto insurance companies usually charge drivers higher rates if they have poor credit. People with bad credit pay an average of 52% more for auto insurance in Florida.

Geico and Bristol West (a subsidiary of Farmers) may be good options if you’re looking for cheap Florida auto insurance and you have poor credit.

 

 

 

Cheapest companies in Florida Average annual Florida car insurance cost for drivers with poor credit Learn More
United Automobile Insurance Co. $4,504 Compare Quotes

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Geico $4,817 Compare Quotes

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Bristol West (a subsidiary of Farmers) $5,160 Compare Quotes

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Direct General $5,564 Compare Quotes

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State average $6,556

Cheap Florida car insurance for adding a teen driver

Adding a teen to your auto insurance increases rates by an average of 80% in Florida, compared to rates for a married couple without a teen driver.

Check quotes from Security National Ins Co and State Farm if you’re looking for cheap car insurance for teens in Florida.

 

 

 

Cheapest companies in Florida Average annual Florida car insurance cost for two parents Average annual Florida car insurance cost for parents plus a 16-year-old teen Average % increase for adding a 16-year-old teen driver Learn More
Security National Ins Co $5,590 $8,152 46% Compare Quotes

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State Farm $4,432 $7,177 62% Compare Quotes

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Progressive $4,504 $7,314 62% Compare Quotes

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Direct General $6,285 $10,425 66% Compare Quotes

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State average $5,274 $9,466 80%

Cheap Florida car insurance for young drivers ages 18 to 25

Buying your own car insurance is an expensive entry into adulthood. Our analysis found that Geico and State Farm offer the cheapest Florida car insurance for young drivers.

 

 

 

Cheapest companies in Florida Average annual Florida car insurance cost for young drivers Learn More
Geico $3,903 Compare Quotes

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State Farm $5,882 Compare Quotes

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Travelers $6,316 Compare Quotes

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Mercury $6,913 Compare Quotes

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State average $5,754

Cheap Florida Car Insurance for Senior Drivers Ages 60-80

Geico and Mercury offer the best car insurance for seniors who are looking for low-cost insurance in Florida. Older drivers should also find out if there’s a discount for taking a defensive driver class.

 

 

 

Cheapest companies in Florida Average annual Florida car insurance cost for drivers age 60, 70 and 80 Learn More
Geico $1,985 Compare Quotes

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Mercury $3,010 Compare Quotes

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State Farm $3,336 Compare Quotes

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Travelers $3,480 Compare Quotes

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State average $2,953


Required Car Insurance Discounts in Florida

Florida car insurance companies must offer at least these two car insurance discounts.

Anti-lock Brake, Anti-theft device and Air Bag Discounts

Floridians must give car insurance discounts for vehicles with anti-lock brakes, anti-theft devices or air bags.

Older Adult Discount

Florida drivers who are age 55 and over who completed a Department of Highway Safety and Motor Vehicles-approved accident prevention course are eligible for a car insurance discount. Drivers, who must also pass a written exam, can show a certificate of completion to get the discount, which is in place for three years and is renewable.


Least Expensive Vehicles for Insurance in Florida

In Florida, the Jeep Wrangler JL Sport, Subaru Crosstrek and Forester 2.5i are among the cheapest vehicles for insurance, based on average rates for 50 top-selling 2021 models. The 20 least expensive are below.

The most expensive cars for insurance in Florida among popular models are the Lexus ES 300H ($3,535 a year) and the Tesla Model S Performance/Plaid ($5,140 a year).

Vehicle Average Annual Premium In Florida
Jeep Wrangler JL Sport
$2,609
Subaru Crosstrek
$2,630
Subaru Forester 2.5i
$2,634
Ford F-150 XL
$2,684
Honda CR-V LX
$2,704
Subaru Outback 2.4I Limited XT
$2,718
Volkswagen Tiguan SE
$2,767
Jeep Compass Latitude
$2,771
Toyota Tacoma SR
$2,799


Required Minimum PIP Insurance in Florida

Florida requires only very low coverage amounts, and uses a no-fault system of auto insurance. If you’re injured in a car accident you’ll first make a claim on your own personal injury protection insurance (required).

Florida requires:

  • $10,000 in personal injury protection (PIP)
  • $10,000 in property damage liability coverage

Basic PIP insurance in Florida covers:

  • 80% of necessary medical costs, such as ambulance costs, doctor bills, X-rays, nursing, surgery, dental work and prosthetic devices. Florida PIP will cover massage and acupuncture bills after an accident. It also covers:
  • 60% of lost wages if you can’t work due to the injuries
  • Replacement services for household tasks you can’t do because of the accident
    $5,000 in death benefits

You’ll choose a deductible for PIP. The choices are no deductible, $250, $500 or $1,000. A deductible is the amount deducted from a PIP claim check. The higher the deductible, the lower your PIP cost will be.


What Is Extended PIP Coverage in Florida?

Basic Florida PIP pays up to $10,000. Extended PIP doesn’t go higher than the $10,000 limit, but it covers 100% of medical costs (instead of 80%) and 80% of lost income (instead of 60%). There’s still coverage for replacement services and a death benefit. Still, with a limit of only $10,000, you can reach the PIP maximum quickly.

There’s also an “extended PIP” option that pays 100% of medical bills and excludes any coverage for lost wages. This option also still includes replacement services and a death benefit.

You cannot have a deductible if you choose extended PIP.


What About “Additional PIP” Benefits?

If you want more than the measly $10,000 in PIP benefits, your insurer might offer “additional PIP” coverage. Here you’ll select an additional amount such as $10,000, $25,000, $40,000 or $90,000.

Your insurance company might not offer “extended PIP” or “additional PIP” benefits.


Florida PIP at a Glance

Florida PIP Choices
Option
Coverage limit
What you get for it
Basic PIP
$10,000
80% of medical bills, 60% of lost wages, replacement services, death benefits
Extended PIP
$10,000
100% of medical bills, 80% of lost wages, replacement services, death benefits for you and family members. (Others get 80% medical/60% work loss.)
Extended PIP without work loss benefits
$10,000
100% of medical bills, replacement services, death benefits for you and family members. (Others get 80% medical/60% work loss.)
Additional PIP benefits
$10,000 + your choice of $10,000, $25,000, $40,000 or $90,000
Same choices as the “extended” PIP options above.

 


Liability Insurance in Florida

Now that we’ve dealt with PIP, let’s move on to Florida’s other coverage options.

Liability insurance for property damage is required in Florida and it pays for other people’s damage if you cause an accident. You can also buy bodily injury liability in case you cause an accident with serious injuries to others.

Even though Florida is a “no-fault” state, you can still be sued for a car accident. You can sue a driver in Florida if you have a serious injury like a bone fracture or significant disfigurement. For that reason, having a good amount of bodily injury liability insurance is important, especially if you have assets that someone could go after in a lawsuit.

If you choose to buy coverage for bodily injury liability, the minimum limits are:

  • $10,000 for injuries per person
  • $20,000 for injuries per accident

If you have a high income and assets like savings and a house, you can become a lawsuit target. Consider generous auto insurance liability limits in case someone sues you.

Florida PIP Choices Florida Minimum Better Even Better
Liability – bodily injury to one person
$10,000 (not required)
$100,000
$250,000
Liability – maximum per accident
$20,000 (not required)
$300,000
$500,000
Liability – property damage
$10,000 (required coverage)
$100,000
$250,000

 


What Other Florida Insurance Should I Have?

A good auto insurance policy in Florida starts with PIP and liability insurance with limits higher than the state minimums. State requirements are low and if you have assets you could be a target of liability lawsuits. Other coverage types we recommend are:

Uninsured Motorist Coverage

One of the problems with Florida’s sparse insurance requirements is that people who cause serious injuries to others may have no insurance to pay for them. You can sue another driver who causes you serious injuries, but if they only have PIP and property damage liability, they won’t have the right insurance for your claim against them.

If that’s the case you can turn to your own uninsured motorist (UM) coverage. You could use your health insurance for accident injuries, but UM can also provide pain and suffering compensation and coverage for lost wages.

Collision and Comprehensive Coverage

There are many problems beyond car accidents that can damage your car. A good policy will include collision and comprehensive insurance to account for these, especially with the threat of floods in Florida. Collision and comprehensive coverage together will pay for car theft and vehicle damage from hail, floods, fire, vandalism and crashes with other objects and animals.

Umbrella Insurance

If you have a high income and assets, you’re a good candidate for umbrella insurance. It provides an extra amount of liability insurance above your auto and homeowners insurance. If you’re facing a big lawsuit from someone for a car accident or an incident covered by home insurance, umbrella insurance protects your finances.


Can I Show My Insurance ID Card from My Phone in Florida?

Florida law allows you to show proof of auto insurance from your mobile phone. Otherwise you should keep a paper copy handy.


Factors Allowed in Florida Car Insurance Rates

Auto insurance companies will use many factors to calculate your rates, and rates vary significantly among insurers. Your past claims, driving record, vehicle model and more are used in the calculation. In Florida companies can also use these factors.

Factor Allowed In Florida?
Age
Yes
Credit
Yes
Education & occupation
Yes
Gender
Yes
Marital status
Yes
ZIP code
Yes

 

Source: American Property Casualty Insurance Association. Other factors will be used to calculate your rates, including driving record and the amount of coverage you want.


How Many Uninsured Drivers Are in Florida?

About 20% of Florida drivers have no auto insurance, according to the Insurance Research Council. That makes it the sixth-highest rate of uninsured drivers in the country. While still high, it’s better than previous years when it held the top spot.

With that many uninsured drivers on the road, consider uninsured motorist coverage. You can use this coverage for serious injuries to you and/or your passengers. You would still use your own PIP for minor injuries.


Penalties for Driving Without Auto Insurance in Florida

If you’re caught without PIP and property damage liability insurance in Florida you could lose your car registration and driver’s license.

In addition, it’s a misdemeanor to show “proof of insurance” when you know the insurance is not in force.


When Can Your Car Insurance Be Canceled in Florida?

Florida law says car insurance can be canceled for these reasons:

  • You didn’t pay the premium premium.
  • There was material misrepresentation or fraud on the application.
  • You or a regular driver of your car has had your driver’s license suspended or revoked.

When Can a Vehicle Be Totaled in Florida?

If your vehicle is severely damaged in a car accident, your insurance company might decide it’s totaled. Under Florida law, a vehicle can be considered totaled when repair costs will exceed 80% of its value. Florida law also says a vehicle must be totaled when repairs exceed 100% of value.

Collision and comprehensive insurance provide payment for totaled cars. They will pay the value of the vehicle if it’s stolen or totaled by a crash, flood, fire or other problems. Your deductible amount will reduce the insurance check.


Help With Florida Insurance Problems

The Florida department of insurance is responsible for taking complaints against insurance companies. If you have an issue with your insurance company that you haven’t been able to resolve, the department of insurance may be able to help. See information for the consumer helpline.


Methodology

To find the cheapest auto insurance companies in Florida, we used rates from Quadrant Information Services, a provider of insurance data and analytics. Except where noted, rates are based on a 40-year-old female driver with a clean record insuring a new Toyota RAV4 with $100,000 in bodily injury liability coverage per person, $300,000 per accident and $100,000 in property damage liability (known as 100/300/100), uninsured motorist coverage and any other coverage required in the state. Rates also include collision and comprehensive insurance with a $500 deductible.

State averages for Florida are based on rates from Geico, Mercury, Bristol West (a subsidiary of Farmers), State Farm, Travelers, United Automobile Insurance Co., Direct General, Progressive, Allstate and AIG.

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