Cheap Car Insurance Florida in 2023
Geico offers the cheapest car insurance in Florida at a rate of $161 per month ($1,937 annually) for full coverage, although prices can vary depending on a number of factors.
The Guides Auto Team conducted a thorough investigation on Florida’s lowest auto insurance. We took into account coverage choices, cost, and financial stability while choosing the top auto insurance providers for Floridians.
You may discover estimations for drivers in this article depending on their ages, cities, and driving history, among other variables. There will also be details on Florida’s vehicle insurance rules and state minimums.
Florida Cheap Car Insurance
For as little as $161 a month, we were able to discover full coverage vehicle insurance policy estimates. Finding the best insurer is even more important because Florida has some of the most costly car insurance rates in the country. The top providers and prices for full coverage vehicle insurance are compared below.
Florida’s Affordable Auto Insurance Companies
Florida’s most affordable vehicle insurance providers include Allstate, Geico, State Farm, USAA, and Progressive. We’ve included our best selections for low-cost Florida auto insurance below, along with our evaluations of each provider’s price and scope of services.
Cheapest Auto Insurance Protection
Your costs will vary significantly depending on the amount of coverage you select. Estimates for full coverage and minimal liability auto insurance are often provided when you request quotations from service providers. There is only a minimum liability auto insurance need, but we also suggest considering comprehensive coverage choices.
The businesses offering the most affordable liability and full coverage auto insurance in Florida are shown in the tables below.
Florida’s most affordable liability auto insurance
Geico has the lowest liability auto insurance in Florida, with average monthly rates of $49 and annual premiums of $586. However, some of the most reasonable insurance prices are also provided by State Farm, Travelers, Farmers, and Mercury.
Florida’s Best Cheapest Auto Insurance
Florida’s top affordable vehicle insurance providers are Allstate, Geico, State Farm, USAA, and Progressive. We go into greater information about each business’s offers, standing, reviews, and history below.
Our top pick for vehicle insurance in Florida is Allstate. In the Florida area of the J.D. Power 2022 U.S. Insurance StudySM, the business came in second overall. Along with extra coverages including sound system coverage, roadside assistance coverage, and rental reimbursement coverage, Allstate also offers the six common forms of vehicle insurance.
For policyholders who drive for services like Uber, Lyft, and others, it also offers ridesharing insurance. Drivewise® is a safe driving initiative offered by Allstate. The smartphone software tracks your driving patterns and modifies charges as necessary.
Geico distinguishes itself from rivals in part because of its extensive variety of auto insurance discounts. For federal workers, accident-free drivers, students with outstanding grades, and others, these discounts represent significant savings potential. This is a major perk for many drivers in Florida, where insurance is already expensive.
Geico provides emergency roadside assistance coverage, rental reimbursement, and conventional auto insurance coverage. Additionally, it is one of just a few leading vehicle insurers to offer mechanical breakdown insurance (MBI), which functions as a kind of auto warranty and covers component failures brought on by regular use.
State Farm not only won the J.D. Power 2022 U.S. Insurance Shopping StudySM overall, but it also offers the most affordable quotes for a variety of driver profiles. In addition, the organization provides chances to reduce the cost of insurance, such as for young drivers who frequently face the highest premiums.
For drivers under the age of 25, State Farm offers a program called Steer Clear® to promote safe driving. The program helps student drivers obtain vehicle insurance savings by providing classes and practice driving hours.
Drivers may also save money by utilizing the Drive Safe & SaveTM program, a usage-based program that tracks drivers’ driving habits and modifies charges accordingly.
Only service personnel, veterans, and their families are eligible for USAA. But it’s a great alternative for vehicle insurance in Florida if you qualify for the company’s coverage. The price, superior service, and wide range of coverage options offered by USAA are well known.
Florida drivers may find the company’s accident forgiveness plan appealing due to the state’s high prevalence of car accidents. Your vehicle insurance price won’t go up if you go five years without an accident and are not at fault for it.
Our top choice for Florida’s top auto insurance providers is Progressive. One of the few insurers that may still give you affordable car insurance rates if you’re a high-risk driver (such as a driver under the age of 25, an elderly driver, or someone with a DUI/DWI on their driving record).
Florida’s average cost of auto insurance
In Florida, the projected average cost of a full coverage vehicle insurance policy is $2,947 year, or $246 monthly. That is 70% more expensive than the $1,730 yearly cost estimate for the national average. The average cost of Florida’s minimum coverage is $1,343 per year, or $112 per month. But a lot more things than just those are taken into account when figuring up your rates.
Florida Car Insurance Rates by City
Your prices are affected by where in Florida you reside. Based on various risk indicators in various regions, insurers modify their premiums. Drivers in more urban areas of the state often pay less for coverage than those in cities like Miami and Tampa.
Based on a 35-year-old driver with acceptable credit and a clean driving record, the table below displays the typical rate projections for several cities in Florida.
18-Year-Olds’ Florida Car Insurance at the Lowest Prices
Geico and State Farm may offer reasonably priced insurance to Floridian drivers under the age of 18. According to our analysis, Geico typically charges $307 per month for full coverage auto insurance, whereas State Farm charges an average of $339.
lowest Florida auto insurance rates for drivers under 21
The cost of auto insurance may be a little bit lower for drivers in their 20s than for young drivers. For drivers under the age of 21, Geico and State Farm provide the most affordable rates in the Sunshine State.