Who Has the Cheapest Car Insurance Quotes in Florida? (2022)
Who Has the Cheapest Car Insurance Quotes in Florida? (2022)
The best cheap car insurance in Florida is Geico, which offers liability only coverage for $34 per month and full coverage car insurance for $141 per month.
Best cheap car insurance companies in Florida
To find the best cheap companies, we averaged quotes for minimum coverage, which meets Florida's state requirements of $10,000 in personal injury protection (PIP) coverage and $10,000 in property damage coverage. Quotes for full coverage policies included collision and comprehensive coverage plus higher liability limits than state minimums.
Cheapest car insurance quotes in Florida: Geico
The average cost of car insurance in Florida is $1,189 per year, or $99 per month, for minimum liability.
Geico has the cheapest minimum-coverage car insurance in Florida. Car insurance from Geico costs $34 per month, which is 66% less than the average cost of coverage in Florida.
Florida drivers may also find cheap quotes with State Farm, which was 51% cheaper than Florida's average rates at $48 per month.
Find Cheap Auto Insurance Quotes in Florida
Company | Monthly rate | |
|---|---|---|
| Geico | $34 |
| State Farm | $48 |
| Nationwide | $66 |
| Travelers | $78 |
| Farmers | $81 |
Cheapest full-coverage auto insurance rates in Florida: Geico
Geico also has the cheapest full-coverage auto insurance in Florida, with quotes at $1,690 per year. That's 45% cheaper than the statewide average.
Company | Monthly rate |
|---|---|
| Geico | $141 |
| State Farm | $141 |
| Travelers | $232 |
| Farmers | $246 |
| Nationwide | $275 |
State Farm also has cheap full coverage at $1,698 per month, which is only $8 more expensive per year than Geico. State Farm could offer cheaper rates than Geico if you want to bundle home or renters insurance thanks to State Farm's better bundling discounts.
The average cost of full-coverage car insurance in Florida is $3,077 per year, or $256 per month.
Liability-only policies meet Florida's minimum insurance requirements, which includes $10,000 of personal injury protection (PIP) coverage and $10,000 of property damage liability per accident.
Full coverage policies include liability coverage plus collision and comprehensive coverage, which covers repairs to your car from a car crash, storm or other accident. Full coverage car insurance is a good idea to protect newer cars or cars with a loan or lease from any type of road hazard.
Cheap Florida car insurance for drivers with prior incidents
The cost of Florida car insurance is typically more expensive for drivers who have been in crashes or who have gotten citations for DUIs or traffic violations. Geico and State Farm were the cheapest car insurance companies in Florida for high-risk drivers.
Cheapest for drivers with a speeding ticket: State Farm
State Farm has the cheapest car insurance for people who have gotten a speeding ticket. On average, State Farm's rates are 50% cheaper than the state average for drivers with a ticket.
Geico also has cheap rates for drivers with a speeding ticket — although Geico's rates are $1,012 more expensive than State Farm's.
Company | Monthly rate |
|---|---|
| State Farm | $154 |
| Geico | $238 |
| Travelers | $271 |
| UAIC | $281 |
| Farmers | $297 |
Cheapest for drivers after an accident: State Farm
The cost of car insurance from Geico for drivers with one accident is $1,988 per year, which is 55% cheaper than average. State Farm's rates are 47% cheaper than average, at $2,329 per year.
State Farm and Geico offer the cheapest full-coverage car insurance to drivers who have been in one accident. These are the only companies that offer monthly rates less than $200 to drivers with an accident on their records.
Company | Monthly rate |
|---|---|
| State Farm | $166 |
| Geico | $194 |
| Travelers | $300 |
| Farmers | $344 |
| UAIC | $363 |
Just a single accident on your driving record can raise your rates by $1,448 per year — an increase of 43% from average.
Cheapest for Florida drivers with a DUI: Geico
In Florida, drivers who have received a DUI may find the cheapest car insurance from Geico, with an average quote of $2,994. Farmers is the second most affordable option, with an average annual rate of $3,161.
Rates increase by an average of 56% for drivers who have a DUI or DWI in Florida.
Company | Monthly rate |
|---|---|
| Geico | $250 |
| Farmers | $263 |
| Travelers | $325 |
| State Farm | $387 |
| Progressive | $417 |
Cheapest for drivers with bad credit: State Farm
Florida allows insurers to set rates based on your credit history. Fortunately, drivers with poor credit may still find cheap coverage from State Farm or Geico. Both companies offer car insurance rates that are 35% cheaper than average.
Company | Monthly rate |
|---|---|
| State Farm | $245 |
| Geico | $247 |
| UAIC | $281 |
| Farmers | $335 |
| Nationwide | $363 |
Cheapest car insurance for senior drivers in Florida: Geico
Geico has the cheapest full coverage quotes for senior drivers, averaging $117 per month for a 65-year-old driver in Florida. State Farm is also an affordable company, with average rates of $131 per month for senior car insurance in Florida.
Company | Age 65 | Age 75 | Age 85 |
|---|---|---|---|
| Geico | $117 | $133 | $163 |
| State Farm | $131 | $149 | $187 |
| Travelers | $200 | $245 | $322 |
| UAIC | $252 | $269 | $269 |
| Nationwide | $254 | $325 | $412 |
You may see your car insurance quotes go up as you get older because insurance companies find that some senior drivers may be more likely to get into accidents as their driving skills decline. To save on car insurance as you get older, you could get savings of 10% to 20% per discount if you qualify for a mature driver discount, defensive driver discount or low mileage discount.
Cheapest car insurance for young drivers: Geico
Teenage drivers may pay $1,996 more per year for minimum-coverage car insurance in Florida than older drivers.
The cheapest full-coverage car insurance for 18-year-old drivers comes from Geico. In Florida, Geico's rates are 66% cheaper than average for teens looking for full-coverage car insurance. Alternatively, State Farm also offers cheap coverage, at 46% less than average.
Company | Liability only | Full coverage |
|---|---|---|
| Geico | $76 | $367 |
| State Farm | $122 | $397 |
| Travelers | $161 | $593 |
| Nationwide | $226 | $936 |
| Farmers | $243 | $814 |
The cost of car insurance for teen drivers is significantly more expensive. For these drivers, the average cost of full coverage is $8,772 — more than two and a half times the average cost for 30-year-old drivers. However, teenagers can still find affordable car insurance in Florida by comparing rates from multiple companies.
Cheapest for teen drivers with a speeding ticket: Geico
Young drivers with a speeding ticket could get affordable minimum-liability car insurance from Geico, which costs $2,532 per year — 72% cheaper than average.
Company | Monthly rate |
|---|---|
| Geico | $78 |
| State Farm | $135 |
| Travelers | $193 |
| Nationwide | $244 |
| Farmers | $294 |
Cheapest for young drivers after an accident: Geico
On average, Geico is the cheapest insurance company for teenage drivers who have been in an accident, at $1,068 per year. That's 64% cheaper than average for minimum liability coverage.
At-fault accidents cause the cost of car insurance to increase, which is an even higher burden on teenage drivers whose premiums are already much more expensive.
Company | Monthly rate |
|---|---|
| Geico | $89 |
| State Farm | $148 |
| Travelers | $217 |
| Nationwide | $259 |
| Farmers | $311 |
Cheapest for married drivers: Geico
It's common for married drivers to receive cheaper car insurance rates than unmarried drivers. In Florida, car insurance for married drivers tends to cost 5% less than rates for single drivers. However, this discount isn't the same across all companies. Progressive's rates, for example, fell by $792 per year for married drivers, while State Farm's remained the same.
Company | Monthly rate |
|---|---|
| Geico | $141 |
| State Farm | $141 |
| Travelers | $232 |
| Farmers | $242 |
| UAIC | $252 |
Best Florida car insurance companies
State Farm is our choice for top insurance company in Florida based on a sterling rating from ValuePenguin's editors. We also factored in strong customer service ratings in the J.D. Power's Auto Insurance Claims Satisfaction Survey.
Geico is another strong option because of a convenient online experience when purchasing a policy, along with some of the state's cheapest rates.
Customer service should be a key part of your decision with an insurer. Good service makes things smoother in what is often a stressful and trying time after an accident.
Company |
Editor's rating
| JD Power | AM Best |
|---|---|---|---|
| State Farm | 848 | A++ | |
| Geico | 823 | A++ | |
| Nationwide | 831 | A+ | |
| Travelers | 827 | A++ | |
| Farmers | 818 | A | |
| Allstate | 846 | A+ | |
| Progressive | 822 | A+ | |
| UAIC | NR | A+ |
Average cost of car insurance in Florida by city
The cost of auto insurance in Florida is $2,962 per year for a full-coverage policy, or $247 per month. Location, along with other personal characteristics, can change your typical cost.
Santa Rosa Beach is the cheapest city for car insurance in Florida, averaging $2,122 per year. Brownsville, just outside Miami, is the most expensive city, at $4,291.
Similarly, the cheapest ZIP code in Florida for car insurance is 32459, in Santa Rosa Beach. Drivers in the Miami area code 33127 have the most expensive car insurance rates, at $4,313 per year.
City | Average monthly cost | Percent from average |
|---|---|---|
| Alachua | $196 | -24% |
| Alafaya | $253 | -1% |
| Alford | $197 | -23% |
| Allentown | $224 | -13% |
| Altamonte Springs | $237 | -7% |
Auto insurance laws in Florida: Minimum-coverage requirements
Florida's minimum required car insurance coverage limits, per the Florida Office of Insurance Regulation and the state's motor vehicle requirements, only include $10,000 per accident of PIP and property damage liability.
- Personal injury protection (PIP): $10,000 per accident
- Property damage liability (PDL): $10,000 per accident
Bodily injury liability and uninsured motorist coverage come standard and are recommended with your policy, but you can reject them in writing. The minimum limits you can get for either are $10,000 per person or $20,000 per accident.
Though you may meet Florida's minimum auto insurance requirements, it may not be the policy best suited to your needs. We recommend that most drivers consider opting in for higher coverage limits.
If you are in an expensive accident, your minimum coverage may not be enough to fully cover the damages, and you may have to pay out of pocket.
This applies whether you're a college student at the University of Central Florida on a budget, a new driver starting out in Tallahassee or a retiring senior in South Florida.
Florida No-Fault Law
Florida is a no-fault state, which means insurers are required to provide coverage to drivers regardless of who is at-fault in an accident. The Florida Motor Vehicle No-Fault Law helps ensure that drivers receive appropriate medical care and some degree of financial protection.
For this reason, Florida drivers need to carry PIP and PDL as part of their car insurance policy.
- PIP covers up to 80% of medical expenses and 60% of lost income if you are unable to work, up to a combined limit of $10,000.
- PDL reimburses property damage to other drivers' vehicles in an accident, up to $10,000. If your car is damaged, the other driver's PDL will pay for your repair costs.
Although Florida's no-fault law requires drivers to carry personal injury protection, at-fault drivers can still be sued in the event of serious bodily injury or death. For this reason, carrying bodily injury liability (BIL) coverage is often recommended to guarantee additional protection from such lawsuits.
Florida SR-22 and FR-44 policies
If you cause an accident that results in bodily injury to another person, or if you are found to be driving under the influence, you will be required to hold additional coverage types and higher coverage limits under the Florida Financial Responsibility Law, called SR-22 or FR-44 insurance.
SR-22 insurance requirements
For accidents that result in any degree of bodily injury or death, drivers will be asked to file SR-22 insurance, often referred to as a certificate of financial responsibility. In addition to Florida's no-fault requirements, SR-22 insurance requires:
- BIL: $10,000 per person
- BIL: $20,000 per accident
These coverages will pay for bodily injury to other drivers or passengers involved in an accident that you cause.
FR-44 insurance requirements
Florida residents convicted of driving under the influence (DUI) of alcohol or drugs are required to meet FR-44 insurance standards. FR-44 coverage requirements are substantially higher than no-fault minimum coverages or SR-22 certificates. Specifically, FR-44 insurance requires:
- BIL: $100,000 per person
- BIL: $300,000 per accident
- PDL: $50,000 per accident
Recap of Florida's cheapest car insurance
- Minimum coverage: Geico
- Full coverage: Geico
- After a speeding ticket: State Farm
- After an at-fault accident: State Farm
- After a DUI: Geico
- Poor credit history: State Farm
- Senior drivers: Geico
- Young drivers: Geico
- Young drivers after a ticket: Geico
- Young drivers after an accident: Geico
- Married drivers: Geico
Frequently asked questions about car insurance in Florida
Who has the cheapest car insurance in Florida?
Geico has the cheapest car insurance in Florida for most people. Geico offers the lowest rates for liability-only and full-coverage policies for young and old drivers.
Why is car insurance in Florida so expensive?
One reason that Florida's car insurance rates are relatively expensive compared to other states is because of the high number of uninsured drivers on the road. Additionally, Florida's roads are often crowded with both state residents and millions of tourists each year. More drivers on the road increases the chance that accidents will happen — and that insurers will have to pay out claims.
What's considered good car insurance in Florida?
State Farm and Geico are both good car insurance companies for Florida drivers, offering quotes much cheaper than average along with strong coverage options and customer support scores. Both of these top companies also offer cheap quotes for teen drivers and drivers with a ticket, accident or other incident on their driving record.
Who's cheaper than Geico in Florida?
State Farm has cheaper quotes than Geico on average for drivers who have gotten a speeding ticket or been in a car accident. State Farm's rates are roughly 50% cheaper than average for drivers with previous incidents on their driving record.
What's included in minimum-coverage auto insurance in Florida?
Florida requires drivers to carry $10,000 of personal injury protection and $10,000 of property damage liability. Florida doesn't require bodily injury liability, which is typically mandated in other states. Florida is the second most expensive state to insure a car with a minimum-liability policy.
Methodology
We collected thousands of rates from every ZIP code in Florida for the largest car insurance companies. We got quotes for a typical Florida driver:
- 30-year-old man
- Drives a 2015 Honda Civic EX
- Has average credit
The base policy for the study was a full-coverage policy:
Coverage type | Study limits |
|---|---|
| Bodily liability | $50,000 per person/$100,000 per accident |
| Personal injury protection | $10,000 |
| Property damage | $25,000 per accident |
| Uninsured/underinsured motorist bodily injury | $50,000 per person/$100,000 per accident |
| Comprehensive and collision | $500 deductible |
For our minimum-coverage policy, we quoted a policy with the minimum required limits in Florida.
For other rates analyses (credit score, accident history and marriage status), the base policy was alternated to reflect the new driver. Policies for young drivers are for minimum coverage.
ValuePenguin's analysis used insurance rate data from Quadrant Information Services. These rates were publicly sourced from insurer filings and should be used for comparative purposes only — your own quotes may be different.
Editorial Note: The content of this article is based on the author’s opinions and recommendations alone. It has not been previewed, commissioned or otherwise endorsed by any of our network partners.