Car insurance rates vary greatly based on your ZIP code, the coverage you choose and other personal details, such as age and driving record. CarInsurance.com’s data shows that State Farm offers the most affordable car insurance at $2,119 per year.
We’ve compiled this detailed guide to help you choose the right car insurance in Florida. The team at CarInsurance.com has done all the hard work by researching and analyzing insurance prices for different kinds of drivers.
Keep reading to learn how car insurance works in Florida and how much you need.
- State Farm provides the most affordable annual rates for full coverage car insurance in Florida, costing $2,119 per year.
- In Florida, insurance costs differ depending on factors such as coverage limits, age and location, with key factors including the make/model of your vehicle and your driving history
- Minimum liability coverage in Florida costs $993 annually for limits of 10/20/10, while liability-only coverage costs $1,629 per year for limits of 50/100/50.
- In Florida, driving incidents can significantly increase premiums, with a speeding ticket raising rates by up to 27%, a DUI raising rates by 35%, and an at-fault accident by up to 46%.
How much is car insurance in Florida?
According to CarInsurance.com data, drivers in Florida pay about $224 per month for full coverage car insurance.
Understanding the average insurance cost can help you plan your budget. Remember, car insurance rates vary widely, depending on the type of car you drive, your driving history and other personal factors.
Average cost of auto insurance in Florida by coverage level
Car insurance costs in Florida can differ based on the coverage limit. To legally drive, Florida residents must adhere to the minimum liability limits of 10/20/10.
Liability-only insurance policies are the most affordable option and provide the minimum coverage required in Florida. However, they don’t offer much protection.
While liability insurance protects you from financial loss by covering legal defense and damages if you’re found responsible for causing injury or property damage to others, it doesn’t protect your vehicle or passengers.
On the other hand, full coverage car insurance is more expensive, but it offers extensive protection. It helps cover your vehicle in case of accidents, theft, natural disasters, and animal collisions. Full coverage can make you feel more secure, knowing you’re well-protected if something happens.
Full coverage car insurance comprises liability, comprehensive, collision and any other coverage required by your state.
In the table below, see the car insurance premiums in Florida for three different coverages.
| Coverage Level | Avg. Monthly Cost | Avg. Annual Cost |
|---|---|---|
| State Minimum – Liability Only BI/PD | $83 | $993 |
| Liability Only – 50/100/50 BI/PD | $136 | $1,629 |
| Full Coverage – 100/300/100 Liability BI/PD with $500 Comp/Coll Deductible | $224 | $2,694 |
State minimum car insurance in Florida
Florida’s car insurance laws require a minimum coverage of $10,000 in bodily injury liability per person, $20,000 in bodily injury liability per accident and $10,000 in property damage liability.
The state minimum coverage in Florida costs $993 a year but doesn’t provide much protection for drivers. Florida drivers may purchase additional coverage, such as comprehensive and collision insurance, increase their liability limits and add personal injury coverage or other endorsements for extra protection.
Drivers in Florida must purchase the minimum required car insurance to operate their vehicles on the road.
Liability-only car insurance in Florida
According to CarInsurance.com data, liability-only car insurance costs $1,629 in Florida for limits 50/100/50.
Liability only pays for damage you cause to other people’s property or for injuries to others in an accident, but it doesn’t cover your passengers’ medical expenses. It’s cheaper than full coverage insurance, but it won’t help if your own car is damaged or stolen.
Full coverage car insurance in Florida
In Florida, you can expect to pay around $2,694 per year for full coverage car insurance for the limits of 100/300/100 – $100,000 in bodily injury coverage, $300,000 in bodily injury coverage per accident and $100,000 in property damage coverage.
When it comes to car insurance, experts recommend opting for full coverage with the highest liability limits you can afford. It includes liability, comprehensive and collision coverage with a deductible. Full coverage car insurance protects you from unexpected events on the road. with a deductible.
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Calculate the cost of car insurance in Florida
Insurance costs can vary depending on where you live. An affordable policy for someone in one area might be more expensive for someone living elsewhere.
When determining insurance premiums, companies study crime rates, traffic conditions, car thefts and population density in different areas. This research helps them assess the associated risk and set competitive prices for their policies.
This means that residents in higher-risk neighborhoods in Florida have to bear greater financial burdens than those in areas with lower risks.
Use our simple tool to see how much you’ll have to pay for car insurance. Just type in your ZIP code, and you’ll get quotes for different coverage options quickly.
Florida Car Insurance Rates by ZIP Code
Estimate car insurance in Florida by car model
Car insurers in Florida use the make and model of your car to determine your insurance rates. Cars deemed more expensive to repair, such as luxury cars and EVs, may raise your rates more than those that may cost less to fix.
For instance, Maserati, BMW, Porsche and Audi are some of the most expensive cars to insure. Subaru, Hyundai, Honda and Mazda are among the cheapest cars to insure.
See how much you’ll pay for car insurance for your specific make and model in Florida.
Insurance Rates by Car Model
Guide: How to estimate car insurance using our car insurance estimator tool
Car insurance rates by age group in Florida
As drivers age, their auto insurance premiums change – with younger and teen drivers paying higher rates than experienced drivers. The crash rate for teen drivers is four times higher than that of drivers aged 20 and older, according to the Insurance Institute for Highway Safety.
Auto insurance companies understand that teenage drivers typically have less experience and pose a higher risk to insure. In Florida, drivers aged 30 to 60 enjoy the lowest average auto insurance premiums, at $2,645 annually.
Drivers aged 16-19 pay $4,619 more for car insurance than Florida drivers aged 30-60 per year.
See the average rates by age group below:
- For teen drivers: Teens aged 16-19 can expect to pay $7,264 per year for a full coverage car insurance policy.
- For young adults: Drivers aged 20-25 can expect to pay $3,933 yearly for a full coverage policy.
- For average-aged adult drivers: Drivers aged 30 to 60 can expect to pay $2,645 annually in Florida.
- For senior drivers: Drivers aged 65 and older can expect to pay $2,636 per year.
Check out our detailed guide on average car insurance rates by age
Rates based on driver profile, history and habits in Florida
If your driving record includes a DUI, speeding ticket or an at-fault accident, your rates will increase significantly. A DUI conviction in Florida can increase your premiums by up to 35% because insurers see you as a risky driver.
Similarly, if you get a speeding ticket in Florida, you’ll likely see an increase in your car insurance premium by up to 27% upon your policy renewal. Typically, you’ll pay more for three years. However, your rate increase also depends on state laws, your insurance company and your driving record.
Here is how much your car insurance rate increases in Florida after driving incidents:
- Speeding ticket: Up to 27% increase
- DUI conviction: 35% increase
- At-fault accident (bodily injury and property damage): 46% increase
But even with a traffic ticket, comparison shopping can save you money.
Car insurance cost in Florida for high-risk drivers
In Florida, drivers deemed high-risk face higher car insurance premiums due to the increased risk. Factors such as past accidents, traffic infractions and low credit scores significantly affect premium costs.
Fortunately, high-risk drivers have several options to lower their insurance premiums. A good first step is to shop around and compare quotes, as each insurance provider has a unique rate structure designed to meet individual needs.
Use the tool below to see which company offers cheaper rates for drivers with speeding tickets, DUI convictions and at-fault accidents.
Select your state and risk factor below to see the insurance company and its
average annual full coverage rates.
| Company Name | Insurance Rates |
|---|---|
| State Farm | $2,448 |
| Nationwide | $3,030 |
| Geico | $3,179 |
| Travelers | $3,359 |
| National General | $4,004 |
| Progressive | $4,249 |
| Mercury Insurance | $5,710 |
| Allstate | $6,295 |
Learn more: The 10 most important factors that affect car insurance rates
Average car insurance cost in different states of U.S.
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Our apologies, we cannot display the data due to availability or spelling errors. Please check the spelling and try again. For assistance, reach out us via Compare car insurance quotes in Florida
In Florida, drivers can save on their premiums by comparing insurance quotes from different carriers. The cost of car insurance can vary based on several factors, including your driving history and the model of your car. Comparing multiple options allows you to find the right policy at an affordable price.
Start your search for the best car insurance policy in Florida by getting quotes from several insurers for comparison.
In the table below, see an overview of various car insurance companies in Florida, along with their average annual premiums.
| Company | State Minimum | 50/100/50 | 100/300/100 |
|---|---|---|---|
| State Farm | $647 | $1,170 | $2,119 |
| Nationwide | $841 | $1,384 | $2,150 |
| Geico | $561 | $1,238 | $2,214 |
| Travelers | $715 | $1,150 | $2,356 |
| United Automobile Insurance | $1,702 | $2,150 | $2,796 |
| Progressive | $1,383 | $2,045 | $2,902 |
| National General Insurance | $1,166 | $1,912 | $3,103 |
| Farmers | $925 | $1,716 | $3,261 |
| Mercury Insurance | $1,020 | $2,007 | $3,358 |
| Allstate | $1,084 | $1,835 | $3,569 |
Car insurance rates by city in Florida
North Miami Beach is the priciest city in Florida for car insurance, costing an average of $3,570 annually. On the other hand, Paxton is the most affordable city, where drivers pay an average of $2,286 per year for car insurance.
Car insurance premiums differ across cities in Florida and are influenced by traffic conditions. Cities with heavier traffic often experience more frequent accidents and insurance claims, which results in higher insurance costs.
The number of uninsured drivers, crime rates, and the average cost of repairs and medical bills also influence car insurance rates.
The table below shows the average annual car insurance premiums for Florida’s largest cities.
Select your city below to see the insurance company and its average full coverage rates.
| Company Name | Insurance Rates |
|---|---|
| State Farm | $2,916 |
| Nationwide | $3,135 |
| Travelers | $3,255 |
| Geico | $3,277 |
| Progressive | $3,590 |
| UAIC | $3,801 |
How much does car insurance cost in Florida per month?
Car insurance in Florida costs an average of $224 a month for a full coverage policy with limits of 100/300/100.
Opting for monthly car insurance payments can be a budget-friendly strategy for some people. It allows for spreading the cost throughout the year, making it easier to manage than a hefty annual payment. This approach provides more flexibility and avoids the burden of a large upfront sum.
While paying your car insurance in full upfront at renewal can sometimes get you a discount, the best choice will depend on your situation.
| Coverage Level | Avg. Monthly Rates |
|---|---|
| State Minimum – Liability Only BI/PD | $83 |
| Liability Only – 50/100/50 BI/PD | $136 |
| Full Coverage – 100/300/100 Liability BI/PD with $500 Comp/Coll Deductible | $224 |
Final thoughts on choosing car insurance in Florida
When it comes to car insurance, one size doesn’t fit all. Drivers prioritize different things. Some value top-notch customer service and are willing to pay extra for it. Others focus on finding the cheapest rates possible. Some look for insurance companies with user-friendly mobile apps for managing claims and payments.
Ultimately, understanding your needs to find the best policy at the most competitive price is critical. Shop around for a good deal that provides peace of mind when hitting the open road in Florida.
Resources & Methodology
Sources
- Insurance Institute for Highway Safety. “Teenagers.” Accessed September 2024.
- USAA. “How credit affects insurance premiums.” Accessed September 2024.
Methodology
CarInsurance.com commissioned Quadrant Information Services to get car insurance rates in Florida. The average premiums are based on the sample profile of a 40-year-old male and female driving a Honda Accord LX with a good insurance score and a clean driving record.
The rates are for different coverage limits. It includes:
- Full coverage car insurance with a coverage limit of $100,000 in bodily injury per person, $300,000 in bodily injury coverage per accident, $100,000 in property damage coverage per accident and a $500 collision/comprehensive deductible.
- Liability-only car insurance rates with a limit of 50/100/50.
- State minimum coverage limit of 10/20/10.
To evaluate the rates, we have compared 53,409,632 insurance quotes from 75 company groups across 34,588 ZIP codes. The average premiums are for comparison purposes only; your exact rates may vary.
Note: USAA is only available to military community members and their families.
Ask the Insurance Expert
Laura Longero
Executive Editor
Laura Longero is an insurance expert and Executive Editor at CarInsurance.com, where she specializes in helping consumers navigate the complexities of the financial and insurance industries. She has 15 years of experience educating people about finance and car insurance. Prior to joining CarInsurance.com, she worked as a reporter and editor at the USA Today Network. Her expertise provides readers with practical guidance, helping them make informed choices about their financial and insurance needs.
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John McCormick
Editorial Director
John is the editorial director for CarInsurance.com, Insurance.com and Insure.com. Before joining QuinStreet, John was a deputy editor at The Wall Street Journal and had been an editor and reporter at a number of other media outlets where he covered insurance, personal finance, and technology.
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Leslie Kasperowicz
Executive Editor
Leslie Kasperowicz is an insurance educator and content creation professional with nearly two decades of experience first directly in the insurance industry at Farmers Insurance and then as a writer, researcher, and educator for insurance shoppers writing for sites like ExpertInsuranceReviews.com and InsuranceHotline.com and managing content, now at CarInsurance.com.
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Nupur Gambhir
Managing Editor
Nupur Gambhir is a content editor and licensed life, health, and disability insurance expert. She has extensive experience bringing brands to life and has built award-nominated campaigns for travel and tech. Her insurance expertise has been featured in Bloomberg News, Forbes Advisor, CNET, Fortune, Slate, Real Simple, Lifehacker, The Financial Gym, and the end-of-life planning service.
Guide to car insurance (with rates) in cities of Florida