Cheapest Auto Insurance Quotes in Florida (2020) – ValuePenguin

14August 2020

Find Cheap Auto Insurance Quotes in Florida

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The average cost of minimum coverage car insurance in Florida was $2,050 per year, or $171 per month. Full coverage policies in Florida averaged $3,125 per year, while those for drivers with a prior accident history cost $4,511 per year. Florida drivers can receive a wide range of car insurance quotes, some more affordable than others.

Auto insurance quotes in the same Florida city, for example, can range by more than $1,000 from company to company, which is why it’s important for consumers to compare rates and shop around.

Rates can increase from year to year as well, though the 10 largest auto insurers in Florida cumulatively raised rates by only 0.8% in 2019.

Enter your ZIP code above to find cheap auto insurance online from companies near you, or read on to use our analysis as a guide to comparison shopping.

Who has the cheapest car insurance rates in Florida, and for how much?

For cheap liability coverage car insurance in Florida, GEICO, State Farm and Liberty Mutual offered the most affordable quotes.

This graph ranks the top three vehicle insurance companies with the lowest car insurance quotes in Florida, starting with GEICO as the most affordable.
This graph ranks the top threevehicle insurance companies with the lowest car insurance quotes in Florida, starting with GEICO as the most affordable.

Find Cheap Auto Insurance Quotes in Florida

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These three insurance companies, together, offered average rates of $1,108 per year, or 46% less than the Florida average quotes for minimum coverage car insurance ($2,050).

Minimum coverage auto insurance policies only meet Florida state law’s minimum requirements. Unlike full coverage car insurance policies, minimum coverage doesn’t include comprehensive and collision coverage.

Although you can buy minimum coverage auto insurance for cheaper, lower coverage limits may put you at risk of insufficient protection in the event of a car accident and won’t protect your car if you’re at fault.

The difference between a full and minimum coverage policy in Florida was $1,075.

Cheapest full coverage auto insurance rates in Florida

The cheapest auto insurance companies in Florida for a full coverage policy are:

  • State Farm
  • GEICO
  • Liberty Mutual

These three companies quoted our benchmark drivers an average annual auto insurance rate of $2,263—a mean savings of $862 per year, compared to the Florida average of $3,125.

Your auto insurance quotes will differ depending upon where you live and your driving record, among other factors.

You should comparison-shop to ensure you find your best rates for full coverage car insurance in Florida. We found that Allstate, Progressive and MetLife offered the most expensive car insurance rates in Florida, at a 31% premium to the state average.

Rank Insurer Car insurance quote
1 State Farm $2,158
2 GEICO $2,221
3 Liberty Mutual $2,409
4 Direct General $2,786
5 MetLife $3,201
6 Progressive $4,238
7 Allstate $4,863

Full coverage car insurance includes comprehensive and collision coverage, which protects drivers against damage to their vehicles.

Cheapest car insurance rates in Florida with a prior accident

State Farm, GEICO and Liberty Mutual also offer Florida drivers with an accident on their driving record the cheapest full coverage auto insurance quotes.

Together, these three insurers offered car insurance rates averaging $2,928, or 35% less than the Florida average of $4,511.

Rank Insurer Car insurance quote before accident Car insurance quote after accident Difference
1 State Farm $2,158 $2,554 $396
2 GEICO $2,221 $3,228 $1,007
3 Liberty Mutual $2,409 $3,001 $592
4 Direct General $2,786 $3,716 $930
5 MetLife $3,201 $5,144 $1,943
6 Progressive $4,238 $6,979 $2,741
7 Allstate $4,863 $6,955 $2,092

Just a single accident on your driving record can lead to substantially more expensive car insurance rates.

The difference in annual auto insurance quotes in Florida for a full coverage policy with no accident history ($3,125) versus a policy with one accident ($4,511) was $1,386.

State Farm, in particular, distinguished itself by offering the best base insurance rates and a small penalty for an at-fault accident, costing just $396 more than a policy with no prior accidents.

Best car insurance companies in Florida

According to our survey of customer satisfaction which featured four of Florida’s major insurers, the best auto insurance company in the state, with the highest customer service ratings, is Allstate. Sixty-four percent of Allstate policyholders described themselves as “extremely satisfied” with their customer service experience.

Importantly, although Allstate was the most expensive insurer across all policy types in Florida, more users appear to be satisfied with the company’s products and services. However, State Farm, the cheapest insurer in our survey, was not far behind Allstate for customer satisfaction and positive reviews.

Rank Auto insurer % of respondents extremely satisfied with experience % of respondents who saw customer service as excellent
1 Allstate 64% 47%
2 State Farm 59% 46%
3 GEICO 56% 42%
4 Progressive 51% 34%

Best auto insurers in Florida by complaints

When examining customer complaints, which are a good indication of customer service quality, the best Florida car insurance companies are:

  • Amica
  • Florida Farm Bureau
  • Southern-Owners

Progressive, State Farm, Allstate and GEICO—four of the largest auto insurers in Florida—perform better than average for customer reviews as well, with relatively low complaint ratios.

United Automobile, Windhaven and Ocean Harbor received the most complaints relative to their market share size.

We list the top-rated car insurance companies in Florida, where a lower complaint ratio indicates better customer reviews:

Rank Company Complaint ratio
1 Amica 0.06
2 Florida Farm Bureau 0.07
3 Southern-Owners 0.10
4 Progressive 0.10
5 Safeco 0.11
6 State Farm 0.12
7 Mercury 0.12
8 Allstate 0.12
9 MetLife 0.13
10 GEICO 0.14
11 USAA 0.14
12 Esurance 0.19
13 Liberty Mutual 0.25
14 Hartford 0.32
15 Security National 0.34
16 Infinity 0.49
17 Direct General 0.76
18 United Automobile Insurance 1.16
19 Windhaven 1.24
20 Ocean Harbor 2.44

To find the best auto insurance companies in Florida, we looked at which insurers received the fewest complaints at the Florida Office of Insurance Regulations.

We identified the largest underwriters in Florida (with more than $100 million in underwritten premiums). Next, we weighted the companies’ share of complaints per million dollars of premiums underwritten.

Auto insurance in Florida: minimum coverage requirements

Carrying car insurance is required by state law in Florida. We have included the minimum insurance coverage you are required to have on your car, per the Florida Office of Insurance Regulation and the state’s motor vehicle requirements.

Bodily injury liability and uninsured motorist coverage come standard and recommended with your policy by auto insurers, but they are rejectable in writing.

Florida’s minimum required car insurance coverage limits are as follows:

  • Personal injury protection (PIP): $10,000 per accident
  • Property damage liability (PDL): $10,000 per accident

Though you may meet the Florida state’s minimum auto insurance requirements, it may not be the policy best-suited to your needs. As a result, 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 No-Fault Law thus helps ensure that drivers receive appropriate medical care and some degree of financial protection.

For this reason, Florida drivers need to carry personal injury protection (PIP) and property damage liability coverage (PDL) as past 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 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. The exact requirements can be categorized as 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:

  • Bodily injury liability (BIL): $10,000 per person
  • Bodily injury liability (BIL): $20,000 per accident

These coverages will reimburse you for bodily injury caused to other people involved in an accident for which you are at-fault.

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:

  • Bodily injury liability (BIL): $100,000 per person
  • Bodily injury liability (BIL): $300,000 per accident
  • Property damage liability (PDL): $50,000 per accident

Cheap car insurance in Florida by city

Location is one of the most important factors in determining the cost of insurance, and average car insurance prices in Florida can differ drastically from city to city.

In every Florida city, however, State Farm and GEICO were the most affordable insurers, while Progressive and Allstate were the most expensive.

Below is a list of low cost auto insurance quotes and the price of full coverage for each of these two insurers for each of the 50 largest cities in Florida.

City Insurer Auto insurance quote
Boca Raton State Farm $2,682
GEICO $3,078
Boynton Beach State Farm $2,989
GEICO $3,138
Bradenton State Farm $1,997
GEICO $2,089
Cape Coral GEICO $1,843
State Farm $2,090
Clearwater State Farm $2,368
GEICO $2,818
Coconut Creek GEICO $2,812
State Farm $2,874
Coral Springs State Farm $2,870
GEICO $3,219
Davie State Farm $2,532
GEICO $2,593
Daytona Beach State Farm $1,839
GEICO $1,955
Deerfield Beach GEICO $2,812
State Farm $3,010
Delray Beach State Farm $2,996
GEICO $3,138
Deltona State Farm $1,806
GEICO $2,208
Doral GEICO $2,652
State Farm $3,878
Fort Lauderdale State Farm $2,598
GEICO $2,912
Fort Myers State Farm $1,762
GEICO $2,073
Gainesville State Farm $1,611
GEICO $1,733
Hialeah GEICO $2,652
State Farm $4,485
Hollywood GEICO $2,812
State Farm $3,050
Homestead GEICO $3,319
State Farm $3,697
Jacksonville GEICO $2,024
State Farm $2,125
Jupiter State Farm $1,945
GEICO $2,389
Kissimmee State Farm $2,186
GEICO $2,243
Lakeland State Farm $1,838
GEICO $2,294
Largo State Farm $2,275
GEICO $2,656
Lauderhill GEICO $2,812
State Farm $2,883
Margate GEICO $2,812
State Farm $3,570
Melbourne State Farm $1,863
GEICO $2,060
Miami GEICO $2,652
State Farm $4,284
Miami Beach State Farm $2,834
GEICO $3,013
Miami Gardens State Farm $2,652
GEICO $3,947
Miramar GEICO $2,812
State Farm $2,853
North Port State Farm $1,647
GEICO $1,860
Ocala State Farm $1,627
GEICO $2,065
Orlando State Farm $2,115
GEICO $2,164
Palm Bay GEICO $1,990
State Farm $2,030
Palm Coast State Farm $1,668
GEICO $1,960
Pembroke Pines State Farm $2,532
GEICO $2,833
Plantation State Farm $2,649
GEICO $2,812
Pompano Beach GEICO $2,812
State Farm $3,329
Port Orange State Farm $1,572
GEICO $2,018
Port St. Lucie State Farm $2,019
GEICO $2,504
Sanford State Farm $1,883
GEICO $2,047
Sarasota State Farm $1,754
GEICO $2,048
St. Petersburg State Farm $2,465
GEICO $2,673
Sunrise State Farm $2,532
GEICO $2,812
Tallahassee State Farm $1,744
GEICO $2,102
Tamarac GEICO $2,812
State Farm $2,883
Tampa GEICO $2,834
State Farm $2,970
West Palm Beach GEICO $3,076
State Farm $3,435
Weston State Farm $2,448
GEICO $2,812

For a closer look at Florida’s largest cities, we identified cheap full coverage auto insurance quotes for:

  • Jacksonville
  • Miami
  • Tampa
  • Orlando
  • St. Petersburg

Car insurance in Jacksonville, Florida

  • Average annual auto insurance quote = $3,276
  • 5% more expensive than Florida average

Jacksonville’s auto insurance costs aren’t particularly expensive compared to other large cities in Florida. They’re close to the state average, which is unusual for the largest city in a state. To find inexpensive car insurance and get the best quotes in Jacksonville, be sure to comparison shop online. The most expensive car insurance, from Allstate, was 127% the price of a policy from the cheapest insurer, State Farm.

Car insurance in Miami

  • Average annual auto insurance quote = $4,952
  • 58% more expensive than Florida average

The most expensive place for auto insurance in Florida is the urban metropolis of Miami. Auto insurance in Miami costs are almost double the Florida average.

There are always opportunities to save, however, when shopping for the best insurance in South Florida.

If you’re looking for cheap car insurance in Miami, we recommend starting your search with GEICO and State Farm, which offer an average premium of $3,468. Buying coverage from these South Florida car insurance companies saves our sample driver about 30%, or almost $1,500 per year compared to how much the average person in Miami pays.

Car insurance in Tampa, Florida

  • Average annual auto insurance quote = $4,575
  • 46% more costly than Florida average

Located in Hillsborough County, Tampa is the third largest city in Florida. For affordable auto insurance in Tampa, we suggest GEICO and State Farm, which were the companies with the lowest rates in our study. Auto insurance from Allstate was the most expensive at an annual rate of $7,300 or 60% more than the Tampa average.

If you’re on a budget, remember to compare auto insurance quotes online from multiple companies in Florida to get your best rate.

Car insurance in Orlando, Florida

  • Average annual auto insurance quote = $3,426
  • 10% more expensive than Florida average

Car insurance in Orlando costs nearly the same as the Florida state average.

If you’re looking for the best, cheap car insurance in Orlando, State Farm and GEICO had the lowest rates in our study. Among these two auto insurers, their average rate of $2,140 represent a 38% discount versus how much the typical auto insurance policy costs in Orlando.

Car insurance in St. Petersburg, Florida

  • Average annual auto insurance quote = $3,908
  • 25% more costly than Florida average

Insuring a car in St. Petersburg, Florida will cost drivers a bit more than the state average. Some auto insurance companies offer more affordable rates than others in St. Petersburg. The difference in cost between the cheapest insurer, State Farm ($2,465), and the most expensive insurer, Allstate ($5,771), is $3,306.

Average cost of car insurance in Florida by city

The average cost of full coverage auto insurance in Florida is $3,125 per year, or $260 monthly, though rates vary substantially by location, age and other elements of your driver profile.

The cheapest cities for car insurance, with an average rate of $2,742 per year, were:

  • Gainesville
  • North Port
  • Tallahassee

The most expensive cities for auto insurance, with an average quote of $5,023 per year, were:

  • Hialeah
  • Miami
  • Miami Gardens

This table provides a list of average car insurance quotes for the 50 cities in Florida that we included in our study.

Find Cheap Auto Insurance Quotes in Your Area

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Rank City Annual car insurance quote
1 Gainesville $2,604
2 North Port $2,783
3 Tallahassee $2,839
4 Port Orange $2,877
5 Ocala $2,890
6 Palm Coast $2,919
7 Daytona Beach $2,939
8 Fort Myers $2,965
9 Cape Coral $2,976
10 Sarasota $2,982
11 Sanford $3,023
12 Melbourne $3,041
13 Deltona $3,082
14 Palm Bay $3,133
15 Lakeland $3,140
16 Bradenton $3,219
17 Jacksonville $3,276
18 Port St. Lucie $3,361
19 Orlando $3,426
20 Kissimmee $3,456
21 Jupiter $3,488
22 Weston $3,775
23 Largo $3,809
24 Sunrise $3,838
25 Pembroke Pines $3,870
26 Clearwater $3,884
27 Davie $3,885
28 St. Petersburg $3,908
29 Miramar $4,054
30 Fort Lauderdale $4,063
31 Plantation $4,140
32 Coconut Creek $4,182
33 Deerfield Beach $4,222
34 Miami Beach $4,274
35 Boca Raton $4,275
36 Lauderhill $4,277
37 Coral Springs $4,281
38 Tamarac $4,290
39 Hollywood $4,355
40 Pompano Beach $4,370
41 Boynton Beach $4,496
42 Delray Beach $4,515
43 Tampa $4,575
44 Margate $4,582
45 Doral $4,717
46 Homestead $4,756
47 West Palm Beach $4,799
48 Miami Gardens $4,894
49 Miami $4,952
50 Hialeah $5,223

Note that these costs are just estimates and will not necessarily represent how much your actual auto insurance rates will be.

Car insurance quotes are tailored to your background and circumstances and can be quickly found online for free.

As a result, enter your ZIP code below to get a list of inexpensive local auto insurance companies and to compare the best car insurance rates in Florida.

Find Cheap Auto Insurance Quotes in Your Area

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Florida auto insurance rate increases

After a 2.7% year-over-year rate increase in 2018, residents will be happy to know that 2019 was a much better year for vehicle insurance costs in Florida. There was only a 0.8% increase in car insurance rates across the 10 largest auto insurance companies in Florida year to date.

Cumulatively, car insurance rates across these insurers have have increased 31.8% from 2014 to 2019.

Auto insurance company

Market share 2018 rate changes 2019 rate changes
Berkshire Hathaway (GEICO) 25.2% 5.6% 0.0%
Progressive 18.3% 0.2% -0.1%
State Farm 14.7% -0.9% 0.0%
Allstate 9.3% 2.1% 3.6%
USAA 7.1% 4.4% 4.4%
Liberty Mutual 3.1% 6.6% 0.0%
Travelers 2.2% 2.5% 0.2%
National General 2.0% 5.2% 0.8%
Kemper 1.8% 3.6% -12.9%
Auto-Owners 1.7% 8.4% 0.0%
Top 10 auto insurance companies 85.3% 2.7% 0.8%

Hikes in auto insurance rates are usually preceded by increased losses—which happen when insurers pay out for claims—incurred by insurance companies.

Losses can increase for a variety of reasons, such as mass vehicle damage from a hurricane or more distracted driving accidents.

Methodology: How we conducted the analysis

We collected car insurance quotes for Florida cities from four auto insurance companies. Our sample driver was a:

  • 30-year-old male
  • Driving a 2015 Honda Civic EX

The driver was profiled as having no credit history, making him equivalent to a driver with below-fair to poor credit, according to our data source, Quadrant Information Services.

Our sample driver held full coverage car insurance with the following limits:

Coverage type Study limits
Bodily liability $50,000 per person/$100,000 per accident
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 a minimum coverage policy, our sample driver had coverage equivalent to the minimum Florida state requirements.

Average premiums are for illustrative purposes, as individual quotes will differ based on driving history, ZIP codes, vehicle type, coverage limits chosen and other factors.

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.

Sources:

Source: valuepenguin.com

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