Who Has the Cheapest Car Insurance Quotes in Florida? (2022)
Who Has the Cheapest Car Insurance Quotes in Florida? (2022)
Geico has the best cheap car insurance in Florida, at $70 per month for minimum liability coverage.
The cost of car insurance in Florida varies depending on your personal driving history and location. The best way to find the cheapest auto insurance in Florida is by comparing quotes from multiple companies.
Cheapest car insurance rates in Florida: Geico
The average cost of car insurance in Florida is $2,072 per year, or $173 per month, for minimum liability.
The cheapest minimum-coverage car insurance in Florida comes from Geico. Car insurance from Geico costs $70 per month, which is 59% less than the average cost of coverage in Florida.
Find Cheap Auto Insurance Quotes in Florida
Drivers may also find cheap prices with State Farm. Of the companies we surveyed, State Farm was one of two with average rates that were cheaper than the typical cost of coverage in Florida. We found that Allstate was the most expensive option for car insurance in the state.
Company | Annual rate | Monthly rate | |
|---|---|---|---|
| Geico | $842 | $70 |
| State Farm | $1,031 | $86 |
| Progressive | $2,970 | $248 |
| Allstate | $3,444 | $287 |
Minimum-coverage auto insurance policies only meet Florida's minimum requirements. Unlike full-coverage car insurance policies, minimum coverage doesn't include comprehensive and collision coverages.
Cheapest full-coverage auto insurance rates in Florida: Geico
The cheapest full-coverage auto insurance in Florida is from Geico, which has rates that are 48% more affordable than the statewide average. That's a difference of nearly $237 per month.
Company | Annual rate | Monthly rate |
|---|---|---|
| Geico | $1,544 | $129 |
| State Farm | $1,693 | $141 |
| Allstate | $4,227 | $352 |
| Progressive | $4,383 | $365 |
You may also find cheap full coverage from State Farm, at $129 per month, which is 48% cheaper than the state average. State Farm is only $12 more expensive per month than Geico, on average. If you already have home or renters insurance with State Farm, the insurer could be a more affordable alternative to Geico thanks to bundling discounts.
Full-coverage car insurance includes comprehensive and collision coverages, which protect drivers against damage to their vehicles.
Cheap 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 for these types of drivers are 50% cheaper than the state average.
Geico also has cheap rates for drivers with a speeding ticket — although Geico's rates are $680 more expensive than State Farm's.
Company | Annual rate | Monthly rate |
|---|---|---|
| State Farm | $1,839 | $153 |
| Geico | $2,520 | $210 |
| Allstate | $4,227 | $352 |
| Progressive | $6,112 | $509 |
Cheapest for drivers after an accident: State Farm
Just a single accident on your driving record can raise your rates by $1,296 per year — an increase of 44% from average.
State Farm and Geico offer the cheapest full-coverage car insurance to drivers who have been in one accident. These two insurance providers are the only companies we found that offer monthly rates less than $200 to drivers with an accident on their records.
Company | Annual rate | Monthly rate |
|---|---|---|
| State Farm | $1,986 | $166 |
| Geico | $2,078 | $173 |
| Progressive | $6,474 | $540 |
| Allstate | $6,493 | $541 |
The cost of car insurance from Geico for drivers with one accident is $2,078 per year, which is 51% cheaper than the statewide average for similar drivers. State Farm's rates are 53% cheaper than average. These two companies were the only ones with cheaper-than-average rates.
Cheapest for Florida drivers with a DUI: Geico
In Florida, drivers who have received a DUI may find the cheapest car insurance from Geico. Rates often increase by 50% after one violation, and Geico's increase more than that (71%), but it's still the cheapest option for drivers with a DUI.
State Farm is the second most affordable option, although its annual cost is $2,002 more expensive than Geico.
Company | Annual rate | Monthly rate |
|---|---|---|
| Geico | $2,642 | $220 |
| State Farm | $4,643 | $387 |
| Progressive | $5,196 | $433 |
| Allstate | $5,285 | $440 |
Cheapest for drivers with bad credit: Geico
Florida allows insurers to set rates based on your credit history. Fortunately, drivers with poor credit may still find cheap coverage from Geico or State Farm. Both of these insurers offer car insurance rates that are significantly cheaper than average. Geico's quotes for drivers with poor credit are 44% less than average, and State Farm's are 38% cheaper.
Company | Annual rate | Monthly rate |
|---|---|---|
| Geico | $2,639 | $220 |
| State Farm | $2,953 | $246 |
| Progressive | $6,224 | $519 |
| Allstate | $7,196 | $600 |
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 6% less than average compared to their single counterparts. However, this discount isn't the same across all insurers. Progressive's rates, for example, fell by $833 for married drivers, while State Farm's remained the same.
Company | Annual rate | Monthly rate |
|---|---|---|
| Geico | $1,542 | $129 |
| State Farm | $1,693 | $141 |
| Progressive | $3,550 | $296 |
| Allstate | $4,365 | $364 |
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 59% cheaper than what teenage drivers typically pay for full-coverage car insurance. Alternatively, State Farm also offers cheap coverage — the insurer charges $2,045 less than average.
Company | Liability only | Full coverage |
|---|---|---|
| Geico | $2,034 | $3,830 |
| State Farm | $2,883 | $4,754 |
| Progressive | $6,797 | $10,675 |
| Allstate | $7,997 | $12,271 |
The cost of car insurance for young drivers is significantly more expensive. For these drivers, the average cost of full coverage is $7,883 — 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 teenage drivers with a speeding ticket: Geico
Young drivers with a speeding ticket could get affordable car insurance from Geico, which costs $2,532 per year — 53% cheaper than average.
Like an at-fault accident, receiving a speeding ticket increases the cost of car insurance for teenagers and older drivers. But on average, speeders see an average cost increase after a ticket that's $499 cheaper than the extra cost after an accident.
Company | Annual rate | Monthly rate |
|---|---|---|
| Geico | $2,532 | $211 |
| State Farm | $3,176 | $265 |
| Allstate | $7,997 | $666 |
| Progressive | $8,004 | $667 |
Cheapest for teenage drivers after an accident: Geico
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. On average, Geico is the cheapest insurance provider for teenage drivers who have been in an accident. The insurer's rates are 64% cheaper than average.
Company | Annual rate | Monthly rate |
|---|---|---|
| Geico | $2,141 | $178 |
| State Farm | $3,470 | $289 |
| Progressive | $7,746 | $645 |
| Allstate | $10,511 | $876 |
Best car insurance companies in Florida
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.
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.
Geico is another strong option because of a convenient online experience when purchasing a policy, along with some of the state's lowest rates.
Company |
Editor's rating
| JD Power | AM Best |
|---|---|---|---|
| State Farm | 848 | A++ | |
| Geico | 823 | A++ | |
| Allstate | 846 | A+ | |
| Progressive | 822 | A+ |
J.D. Power claims scores are out of 1,000, with higher scores being better. The National Association of Insurance Commissioners (NAIC) Complaint Index measures the number of complaints an insurance provider receives relative to its market share, or size. The agency uses 1.00 as the median number of complaints. A complaint index above 1.00 means an insurer receives more complaints than typical.
AM Best's financial strength rating is a letter grade describing an insurer's financial ability to pay out claims. The highest grade is 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.
The city with the cheapest car insurance in Florida is Santa Rosa Beach, with an average cost of $2,122 per year, while Brownsville is the most expensive city at $4,291 per year.
City | Average annual cost | Percent from average |
|---|---|---|
| Alachua | $2,225 | -25% |
| Alafaya | $2,903 | -2% |
| Alford | $2,247 | -24% |
| Allentown | $2,385 | -19% |
| Altamonte Springs | $2,710 | -8% |
| Altha | $2,393 | -19% |
| Altoona | $2,475 | -16% |
| Alturas | $2,707 | -9% |
| Alva | $2,519 | -15% |
| Andrews | $2,323 | -22% |
Auto insurance 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 drivers consider opting in for higher coverage limits.
If you are in a particularly 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 Financial Responsibility Law: Requirements for 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 the cheapest car insurance in Florida
- 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: Geico
- Married drivers: Geico
- Young drivers: Geico
- Young drivers after an accident: Geico
- Young drivers after a ticket: Geico
Frequently asked questions about car insurance in Florida
How much is car insurance in Florida?
The average cost of car insurance in Florida is $2,962 per year, or $247 per month for most 30-year-old drivers. Teenagers pay on average $7,883 per year for full-coverage auto insurance in Florida. Our study found that Florida is the second most expensive state to insure a car with a minimum-liability policy.
Who has the cheapest car insurance in Florida?
Geico has the cheapest car insurance in Florida for most drivers. Geico offers the lowest rates for liability-only and full-coverage policies. State Farm has the most affordable car insurance for drivers who have an accident or speeding ticket on their driving record.
Why is car insurance in Florida so expensive?
One reason 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 every year. More drivers on the road increases the chance that accidents will occur — and that insurers will have to pay out claims.
What is considered 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 drivers to carry bodily injury liability, which is typically required in other states.
Methodology
We collected thousands of rates from ZIP codes across Florida for the largest insurers. We used a sample driver with the following profile:
- 30-year-old man
- Drives a 2015 Honda Civic EX
- Has average credit
The base policy for the study was a full-coverage policy with the following limits:
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, which does not include bodily injury liability.
For other rates analyses (credit score, accident history and marriage status), the base policy was adjusted 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.