- Is auto insurance required in Florida?
- How much is car insurance in Florida?
- Florida car insurance rates by company
- Florida car insurance costs by coverage level
- Florida car insurance rates by age group
- Florida car insurance by driver profile
- How much does car insurance cost in Florida per month?
- Florida car insurance laws
- Florida car insurance discounts
- Factors that affect auto insurance premiums in Florida
- How to compare car insurance companies in Florida
- Compare auto insurance rates by city in Florida
- Compare auto insurance rates by city in Florida
- Car insurance premium trends in Florida
- Methodology
- Frequently asked questions
- Compare Florida car insurance rates with other states
Is auto insurance required in Florida?
Auto insurance is required by law in Florida. As a no-fault state, Florida requires you to carry at least $10,000 in personal injury protection (PIP) coverage. You're also required to carry at least $10,000 in property damage liability.
While you are not required to carry bodily injury liability coverageThis auto insurance coverage helps pay for medical expenses and lost wages if you injure someone in a car accident. It also covers legal fees if you're sued. to drive legally, if you are involved in an accident you must prove financial responsibility for that accident with either liability coverage of at least 10/20/10 ($10,000 in bodily injury per person, $20,000 in bodily injury per accident, and $10,000 in property damage liability) or another acceptable form of proof, like a bond.
To avoid potential penalties, Florida drivers should carry liability coverage of 10/20/10 as well as $10,000 in PIP.
How much is car insurance in Florida?
The average cost of car insurance in Florida is $2,694 annually for full coverage. However, these rates vary considerably based on factors like age, coverage levels, driving record and the make and model of the vehicle.
For example, younger drivers and males pay higher insurance rates, as do drivers with poor driving records.
Florida drivers who only want to carry the minimum car insurance can expect to pay an average of $993. However, collision and comprehensive coverages aren't included, so any damage to your vehicle in an at-fault accident would be paid out of pocket.
"While most of us are reviewing our household budgets to see where we may be able to cut corners, your car insurance policy shouldn't be one of them. If you are considering saving money buying a liability-only auto insurance policy, the minimum legal coverage in most states, think first about what it will cost you when you need to file a claimAn insurance claim is a request you make to your insurance company for coverage after your car is damaged or you have an accident. You can file a claim online, by phone, or in writing. for any injuries or damage to your vehicle other than those of the other victims when you cause a crash," says Carole Walker, executive director of the Rocky Mountain Insurance Association, a nonprofit consumer insurance information organization.
| Average annual premium | Average monthly premium |
|---|---|
| $2,694 | $225 |
Florida car insurance rates by company
Every car insurance company uses its own criteria for determining rates. For example, while some emphasize age, others look closely at driving records. Because of this, Florida car insurance rates vary significantly from company to company.
The table below compares average Florida car insurance rates from top-rated companies for different coverage levels. On average, Geico is the cheapest car insurance company in Florida.
| Company | State minimum | Liability-only | Full coverage |
|---|---|---|---|
| Geico | $561 | $1,238 | $2,214 |
| State Farm | $647 | $1,170 | $2,119 |
| Travelers | $715 | $1,150 | $2,356 |
| Nationwide | $841 | $1,384 | $2,150 |
| Farmers | $925 | $1,716 | $3,261 |
| Mercury Insurance | $1,020 | $2,007 | $3,358 |
| Allstate | $1,084 | $1,835 | $3,569 |
| National General | $1,166 | $1,912 | $3,103 |
| Progressive | $1,383 | $2,045 | $2,902 |
| UAIC | $1,702 | $2,150 | $2,796 |
Florida car insurance costs by coverage level
Generally, Florida minimum car insurance is the cheapest option. However, it won’t protect you or your vehicle, even if you increase your limits. Although full coverage is more expensive, it includes collision and comprehensive coverages, which pay for damages to your car from an accident or events like severe weather.
Compare Florida car insurance costs based on coverage level below.
| State minimum car insurance | Liability-only car insurance | Full coverage car insurance |
|---|---|---|
| $993 | $1,629 | $2,694 |
Florida car insurance rates by age group
Age can significantly impact car insurance rates. Younger, less experienced drivers see the highest Florida car insurance rates. Rates decrease considerably with age and experience behind the wheel.
The table below shows average Florida car insurance rates by age.
| Age group | Full coverage car insurance |
|---|---|
| Teens (16-19) | $7,264 |
| Young Adults (20-24) | $4,090 |
| Adults (25-60) | $2,716 |
| Seniors (65-75) | $2,636 |
Florida car insurance by driver profile
Car insurance companies use your driving record to help determine rates since it indicates how likely you are to file a claim. Drivers with DUIs, multiple accidents or a history of reckless driving have significantly higher insurance rates.
In most states, credit history also affects car insurance rates. Statistically, drivers with a lower credit score are more likely to file a claim instead of paying out of pocket for damages.
This table compares average car insurance rates in Florida based on driver profiles. The highest rates in Florida are for drivers with Bad Credit.
| Profile groups | Average annual premium | Annual premium for profile | $ Increase | % Increase |
|---|---|---|---|---|
| At-fault accident | $2,694 | $3,996 | $1,302 | 48% |
| Bad credit | $2,694 | $5,818 | $3,124 | 116% |
| Careless driving | $2,694 | $3,245 | $551 | 20% |
| Claims | $2,694 | $2,975 | $281 | 10% |
| DUI | $2,694 | $4,247 | $1,553 | 58% |
| Reckless driving | $2,694 | $4,487 | $1,793 | 67% |
| Speeding | $2,694 | $3,545 | $851 | 32% |
| Texting ticket | $2,694 | $3,173 | $479 | 18% |
How much does car insurance cost in Florida per month?
The average monthly cost of Florida car insurance varies based on the amount of coverage you choose. While the minimum required car insurance is the cheapest, full coverage offers more protection at a higher rate.
| Coverage level | Average monthly premium |
|---|---|
| State Minimum BI/PD | $83 |
| Liability Only - 50/100/50 BI/PD | $136 |
| Full Coverage - 100/300/100 BI/PD - 500 Comp/Coll | $224 |
Florida car insurance laws
In Florida, some specific laws are in place for particular groups of drivers.
Florida car insurance laws for high-risk drivers
If you are convicted of certain violations, you will be considered a high-risk driver. You may need to file either an SR-22 or an FR-44, which is done by your insurance company. Both provide proof that you are carrying the minimum amount of coverage, but that minimum differs for each type of filing.
An SR-22 requires you to carry the state minimum limits of 10/20/10. It may be required if you are cited for driving without insurance, have multiple tickets or other serious violations.
An FR-44 is required for certain DUI convictions. It requires you to carry higher liability limits of 100/300/50.
Florida car insurance laws for teen drivers
Florida has a graduated licensing program for teen drivers that carries restrictions at each stage, designed to ease teens into the responsibilities of driving. The laws are as follows:
- Learner's license. Must be accompanied by a licensed driver over 21, no driving after dark for the first three months and no driving after 10 p.m. for the second three months.
- Driver license, 16 years old. No driving between 11 p.m. and 6 a.m. except for work or when accompanied by a driver over 21.
- Driver license, 17 years old. No driving between 1 a.m. and 5 a.m. except for work or when accompanied by a driver over 21.
In addition:
- Florida has a zero tolerance law for drivers under 21.
- If a teen driver gets six or more points on their license within 12 months, the license will be restricted to "business purposes only" for 12 months.
- If a teen receives a moving violation with a learner's license, they will have to wait one more year to be fully licensed.
Florida car insurance laws for senior drivers
The only law that affects senior drivers relates to renewal. Drivers over the age of 80 must renew their license every six years and pass a vision test.
Florida car insurance discounts
Which car insurance discounts are available and how much savings drivers can expect depend on the state and the company. So, savings may vary considerably from company to company in Florida.
Check out the available car insurance discounts in Florida below and see how much you can save on average.
| Discount type | Premium before discount | Premium after discount | $ Saving |
|---|---|---|---|
| Air Bags | $1,895 | $1,845 | $50 |
| Anti-Theft Device | $1,895 | $1,885 | $10 |
| Days Advanced Purchase | $1,895 | $1,796 | $99 |
| Education | $1,895 | $1,807 | $88 |
| Electronic Funds Transfer | $1,895 | $1,837 | $58 |
| Electronic Signature | $1,895 | $1,707 | $188 |
| Homeowner | $1,895 | $1,801 | $94 |
| Lower Annual Mileage | $1,895 | $1,781 | $114 |
| Loyalty - Years Renewal With Company | $1,895 | $1,755 | $140 |
| Marital Status | $1,895 | $1,781 | $114 |
| Multi Policy | $1,895 | $1,746 | $149 |
| Paperless/Electornic Documents | $1,895 | $1,840 | $55 |
| Payment Type | $1,895 | $1,699 | $196 |
| Primary Use | $1,895 | $1,754 | $141 |
| Profession | $1,895 | $1,587 | $308 |
| Purchase Status | $1,895 | $1,792 | $103 |
| Safety Devices | $1,895 | $1,840 | $55 |
| Telematics | $1,895 | $1,702 | $193 |
| Years Insured | $1,895 | $1,472 | $423 |
| Years Licensed | $1,895 | $1,488 | $407 |
Factors that affect auto insurance premiums in Florida
Many factors affect car insurance cost in Florida. They include:
- Where you live in the state
- The type of car you drive
- Your driving record
- Your credit history
- Your age and gender
How to compare car insurance companies in Florida
To compare car insurance in Florida and find the best fit for your needs, follow these steps:
- Review your current policy. Note what coverage you are carrying and decide if you want to make any changes.
- Request quotes at your desired coverage levels. Make sure you are requesting the same coverage levels on each quote. If you're looking to change your coverage, ask your current insurance company to provide a quote with those limits as well.
- Review the quotes and note any added benefits. Some car insurance companies include extras at no additional charge. Is roadside assistance included? Are there other perks like a diminishing deductible program?
- Research the car insurance companies you're considering. Cheap car insurance isn't everything. Make sure you are also looking at each insurance provider's reputation to make sure you find not just the cheapest car insurance but also the best car insurance companies in Florida.
Compare auto insurance rates by city in Florida
Avon Park has the cheapest full coverage rates in Florida at $2,639 a year, while car insurance is most expensive in Miami at $3,345 a year.
Auto insurance rates vary not just by state, but also by city. Cities have different levels of risk based on factors like accident rates, claim costs, weather and more. That means where you live in Florida will impact what you pay. Below, we've gathered Florida car insurance rates by city for comparison.
Compare auto insurance rates by city in Florida
Auto insurance rates vary not just by state, but also by city. Cities have different levels of risk based on factors like accident rates, claim costs, weather and more. That means where you live in Florida will impact what you pay. Below, we've gathered Florida car insurance rates by city for comparison.
| City | Annual insurance premium |
|---|---|
Avon Park | $2,639 |
Clearwater | $3,007 |
Deland | $2,701 |
Miami | $3,345 |
Orlando | $2,835 |
Palm City | $2,706 |
Tampa | $3,131 |
Car insurance premium trends in Florida
Car insurance rates change regularly, influenced by changes in the cost of repairs, claim rates and other factors. Recent years have seen car insurance rates rise across the country, but not every state has seen the same increases.
We've tracked car insurance premiumThe payment required for an insurance policy to remain in force. Auto insurance premiums are quoted for either 6-month or annual policy periods. trends in Florida to show you how things have changed and help you prepare for potential changes in the future. Take a look at the chart below.
Methodology
Insurance.com commissioned car insurance rates from Quadrant Data Systems in late 2023 for all 50 states and Washington, D.C. Base rates were fielded based on a 40-year-old driver with a clean record and good credit, driving a 2023 Honda Accord LX. Additional rates were fielded for multiple driver profiles including tickets, accidents and various credit tiers. Coverage levels include state minimum, 50/100/50 liability only, and full coverage at 100/300/100 liability limits with $500 deductibles. Rates were fielded from 34,588 ZIP codes and 170 insurance companies.
Car insurance premium trends are based on limits of 100/300/50 with $500 deductibles. This methodology is used to track trends to ensure the accuracy of the data comparison year-over-year.
Frequently asked questions
Will I have difficulty getting insurance with a bad driving record in Florida?
You may have trouble getting car insurance if you have a bad driving record. If you do, find an insurance agent who specializes in high-risk car insurance, or contact the Florida Automobile Joint Underwriting Association (FAJUA), which helps drivers who can't find insurance on the open market.
Compare Florida car insurance rates with other states
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