Compare Florida Car Insurance Rates [2024]

Florida car insurance rates are some of the highest in the country, with the average driver paying over $200 per month for full coverage insurance. There are many reasons Florida car insurance quotes run high, but it’s primarily due to Florida car insurance regulations, a large percentage of uninsured drivers, and more high-risk drivers.

Although coverage can be expensive, there are ways to find affordable Florida car insurance. To find cheap car insurance in Florida, make sure to look for discounts, keep your driving record clean, and choose the right amount of coverage.

One of the most important steps in finding the cheapest Florida car insurance is comparing quotes. Read on to learn more about coverage in the Sunshine State, then compare Florida car insurance rates with as many companies as possible.

Compare Florida Car Insurance Rates

When you think of Florida, perhaps Disney, South Beach, The Miami Heat, or its warm, comfortable climate with bright sunshine springs to mind.

U.S. News & World Report ranked a series of Florida cities within the top 50 of its “125 Best Places to Live in the USA.” While there are many advantages of living in Florida, knowing what types of car insurance policies are available to you is one of the most important aspects for peace of mind.

Minimum Florida Car Insurance Requirements

While Florida insurance laws state that you must maintain the Personal Injury Protection (PIP) insurance and Property Damage Liability (PDL) coverage throughout the licensing and registration of your vehicle, you’ll be happy to know that the coverage is broad.

For instance, in the event of an automobile crash, not only will PIP cover you and your vehicle, but also covers:

• Your child
• Members of your household
• Passengers who don’t have PIP Insurance (only if they don’t own a vehicle)
• If you are injured in someone else’s vehicle
• If, as a pedestrian or bicyclist, you’re struck by a vehicle
• If your child is injured on a school bus

Florida is a “no-fault” insurance state, which means that drivers are required to carry coverage that will pay for their own medical bills regardless of who was at fault in the accident.

You can see below how the minimum rates compare across the country.

The minimum coverage includes:

• $10,000 to cover personal injury protection (PIP)
• $10,000 to cover property damage liability (PDL)

Bodily Injury Liability (BI) coverage is not required to drive in the state of Florida. In fact, they are the only state without that requirement. Many insurance companies will not sell a liability car insurance policy without minimum bodily injury limits, though.

Read more: Compare School Bus Insurance Rates

What Forms are Required with Florida Car Insurance

You must have the minimum insurance coverage in Florida; it’s the law. So, when it comes to actually proving that you have auto insurance and financial responsibility in Florida, you must present one of the following documents every time you operate your vehicle :

• The insurance ID card provided by your insurance company
• Your insurance policy
• Certificate of self-insurance
• Form E, Uniform Motor Carrier Bodily Injury and Property Damage Liability
• Insurance policy binder
• A surety bond or combination of surety bond and insurance policy

Some of the most common times when you proof of insurance and financial responsibility are:

• You are asked by a police officer (such as when you are pulled over)
• You register your vehicle
• You are getting or reinstating your license
• You didn’t abide by or failed to maintain financial responsibility penalties

In the event that you don’t show proof of your Florida car insurance regulations when requested, the penalties can be stiff for driving without insurance.

For instance, the law states that your driving privileges, registration, and license plate could be suspended for up to three years or until proof of insurance is shown; or you can be given a license reinstatement fine of between $150 to $500.

Compare Florida Car Insurance Rates as Percentage of Income

The annual per capita disposable personal income (DPI) in Florida was $38,350.00, which represents the total amount of money available for individuals to spend (or save) after taxes have been paid.

The average cost for full coverage car insurance premiums is $238 per month, representing 3.15% of the average resident’s DPI. That percentage puts Florida as the fourth most expensive state for insurance when compared to income.

Average Yearly Car Insurance Rates in FL (Liability, Collision, Comprehensive)

The above table illustrates the most recent data provided by the leading source on the matter, the National Association of Insurance Commissioners.

Don’t forget: Florida has minimum requirements for liability coverage, but experts suggest drivers purchase more than what state law requires.

You also may not think about how your average car insurance rates compare to neighboring states.

Let’s dig into some of the most popular coverage options to add to a basic auto insurance policy.

Additional Liability Coverage in Florida

Are you wondering what the relevance of a loss ratio is? Maybe you’re wondering what a loss ratio is? Here’s your answer:

A loss ratio demonstrates the amount paid in claims to the amount earned in premiums. A loss ratio of 75% indicates that insurance companies paid $75 on claims for every $100 earned.

A loss ratio matters because it shows the financial health of that insurance product and indicates whether the rates will need to raise, lower, or stay the same for the insurance companies to maintain financial stability.

The loss ratios listed above are in a healthy range but demonstrate a rising trend which means rates are likely to increase.

Uninsured/Underinsured Motorist coverage is optional in Florida, but they’re still important to have. Why?

In 2015, 13% of motorists (or approximately one in eight drivers) in the US were uninsured, and a whopping 26.7% of motorists were uninsured in Florida – the highest in the U.S.

Add-ons, Endorsements, and Riders in Florida

We understand that getting the complete coverage you need for an affordable price is your goal while at the same time finding all the required coverage you need. The good news is that there are a plethora of powerful but reasonable extras you can add to your policy in Florida.

After all, an unfortunate accident is an experience everyone wants to avoid, but when it does happen, the additional coverage can make for an easier (and sometimes less expensive) outcome.

Here’s a list of useful coverage available to you in Florida:

• Collision insurance
• Comprehensive insurance
• GAP insurance
• Personal Umbrella Policy (PUP)
• Rental Car Reimbursement
• Emergency Roadside Assistance
• Mechanical Breakdown Insurance
• Non-Owner Car Insurance
• Modified Car Insurance Coverage
• Classic Car Insurance
• Pay-as-You-Go Insurance

Compare Florida Car Insurance Rates by Age and Gender

Read more: Compare Male vs. Female Car Insurance Rates in Florida

Florida Demographic and Insurance Carrier Rates

Highest and Lowest Rates in Florida by Zip Code

Below are the highest and lowest insurance carrier rates in Florida based on zip code. Take a close look at the averages to see how they fluctuate based on your address.

Compare Florida Car Insurance Rates by City and County

How can you find the cheapest auto insurance in Florida? In the tables below, you’ll notice how insurance rates compare greatly geographically.

The table above lists the 10 most expensive cities, while the table below lists the 10 least expensive.

Busier centers such as Hollywood and Miami in the south differ greatly from the state capital of Tallahassee in the north or even the smaller communities such as Edgewater or Waldo, FL.

Secure Your Ride With the Best Rates in Florida: Compare Car Insurance in Your City

Easily compare car insurance rates across various cities in Florida. Start now to find the best rates for your needs!

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Florida Car Insurance Companies

Getting an auto insurance policy only to realize your friend or relative found a better deal with a more economical provider can be frustrating, to say the least.

Don’t despair. If you’re currently browsing or in the market for a new provider, we provide the right insight you need to know to make the right decision. We’ll help you find the best provider in Florida to meet your needs.

The 10 Largest Florida Car Insurance Companies Financial Ratings

You don’t have to be an analyst on Wall Street to determine the financial ratings for an auto insurance provider in your state.

The ratings are commonly touted on the company’s website and are ranked annually by such top agencies as A.M. Best, Fitch, Kroll Bond Rating Agency (KBRA), Moody’s, and Standard & Poor’s.

Checking out a provider’s rating is a great starting point, as they are graded by such criteria as customer satisfaction ratings, financial strength ratings, and more. Here are ten of the financial ratings of the top car insurance companies in Florida.

Customer Satisfaction

In 2018, MetLife hit the top of the charts earning the highest Overall Customer Satisfaction Index Rating for Florida besides USAA, which is only available to military and their families.

According to J.D. Power, the 2018 U.S. Auto Insurance Study examines customer satisfaction in five factors (in order of importance), including interaction, policy offerings, price, billing process, policy information, and claims.

The study is based on responses from 44,622 auto insurance customers and was fielded from February-April 2018.

Florida Car Insurance Companies Customer Complaints

No large corporation is 100% perfect, and it’s practically impossible for them to be all things to all people in any given industry, the auto insurance market included. Here are the complaint ratios for the top 10 insurance companies in Florida.

The 10 Largest Car Insurance Companies in Florida

Florida Car Insurance Rates by Company

Read more: Allied Car Insurance Discounts

Florida Annual Rates by Commute

As you can see, Progressive car insurance and Nationwide car insurance don’t change the price based on the annual mileage. Allstate is already the most expensive option of the big providers in the state, and they’ll charge over $400 annually more for the longer commute.

Annual Rates by Coverage Level in Florida

Annual Rates by Credit History in Florida

Credit rating makes a huge impact on rates. Of the large companies in our research, State Farm car insurance is the lowest-priced insurance in Florida available to the general public, and Geico car insurance rates are competitive with State Farms for individuals with good credit.

Those with fair or poor credit may do better to consider State Farm over Geico. You’ll only know which company offers you the best rate by comparing quotes for your unique situation.

Annual Rates by Driving History in Florida

This table reveals some interesting and surprising information. I’ll highlight a few things:

• State Farm is the most forgiving of bad history and charges less than $300 more annually for a DUI on record than for a clean record
• Most people assume a DUI will make rates rise more than any other infraction, however, Progressive increases rates more for a speeding violation than for a DUI conviction, and State Farm increases rates equally for a speeding violation and a DUI conviction
• Liberty Mutual, Nationwide, and Geico increase rates more for a speeding violation than for an accident.

Number of Car Insurance Companies in Florida

Laws and Florida Car Insurance

Laws regarding auto insurance differ from state to state. Florida insurance laws are detailed and you must realize and understand the common auto insurance laws to avoid unexpected fines.

The old saying, “ignorance of the law is no excuse” rings true and certainly applies in the state of Florida.

So keep reading to learn all about Florida’s specific laws.

Florida’s Car Insurance Laws

There are many Florida car insurance laws that apply to you, whether you’re a senior citizen, young adult, or a late teen who just passed the driver education course and examinations.

High-Risk Insurance in Florida

We said before that Florida is the only state that doesn’t require bodily injury liability coverage. If, however, you have caused an accident that caused bodily injury to another party, you will be required to carry full liability car insurance coverage.

People that have a DUI on their record and let their insurance lapse will be required to file an FR-44 insurance form. This form filing requires that the driver carry increased limits on their policy:

• $100,000 – Bodily Injury Liability per person
• $300,000 – Total bodily Injury Liability per accident
• $50,000 – Property Damage Liability per accident

Read more: Compare FR-44 Insurance: Rates, Discounts, & Requirements

If you’ve committed offenses that require an SR-22 car insurance certification, you will have to purchase bodily injury liability (BIL) car insurance on top of the state’s basic car insurance requirements.

You have to carry the SR-22 for three years if:

• You have been in a car accident that causes injuries or property damage.
• Your driver’s license has been suspended due to excessive traffic violation points.
• Your driver’s license has been habitually revoked.

Should you be found guilty of driving without car insurance, you may have to carry a six-month SR-22 for up to two years. which cannot be canceled. This also means that have to pay your whole premium each time before you renew your policy.

The list of Florida Insurance laws is an extensive one and it’s always best to know the regulations to make sure you’re always on the right side of the insurance laws.

Florida’s Windshield and Glass Repair Laws

Whether you’re an urban dweller who commonly commutes on the interstate or you travel to and from the country on the back roads, sooner or later you may get a crack windshield.

Gravel, dirt, or other debris kick-up and hit windshields all the time, and when you hit a big one that causes some real damage you should know how you stand with your insurance company when it comes to broken windshields car insurance.

The good news is that if you have comprehensive insurance, there is no deductible per Florida Statute 627.7288. Insurance companies don’t have to use OEM parts, but replacement parts need to be the same fit, quality, and performance.

The Statute of Limitations in Florida

Video provided by  Brian R Toung, Attorney at Law

Understanding the statute of limitations is really not that difficult to comprehend and you certainly don’t require three years of law school to determine its premise. Basically, the statute of limitations is a state law that sets a limit on the amount of time to file a lawsuit.

The statute of limitations for personal injury is four years.

Automobile Insurance Fraud in Florida

False and fraudulent insurance claims are a crime in the State of Florida and are punishable as provided in subsection (11) if that person has the intent to injure, defraud, or deceive any insure.

Florida’s Vehicle Licensing Laws

To drive a car, you have to have a license. Keep reading to find out what Florida’s mandatory licensing laws are. It’s also pertinent to remember Florida’s license renewal procedures.

Under Florida law, residents 80 years old and older are required to renew their licenses every six years while the general population must renew every eight years. Here are some additional specifics for new drivers, the general population, and seniors.

Penalties for Driving Without Insurance

You must carry proof of insurance whenever you are driving anywhere in the U.S.. Suffice to say, driving without insurance in Florida can have severe penalties.

Teen Driver Laws in Florida

Not all teen driving regulations are the same from state to state. Here’s what new drivers need to know in Florida:

License Renewal Procedures for Older Drivers in Florida

It’s not uncommon to see license renewal procedures with different requirements for older residents than for the general population. Here are some tables to help you easily see what is required.

New Residents or People Visiting Florida

If you have a valid out-of-state license, you will likely be able to apply for and receive a Florida driver license without taking a driving or written test.

To register a vehicle, the Vehicle identification number (VIN) must be physically inspected and verified by one of the following:

1. A law enforcement officer from any state.
2. A licensed Florida or out of state motor vehicle dealer.
3. A Florida DMV Compliance Examiner/Inspector, DMV or tax collector employee.
4. A notary public commissioned by the state of Florida.
5. Provost Marshal or a commissioned officer in active military service, with a rank of 2nd Lieutenant or higher or an LNC, “Legalman, Chief Petty Officer, E-7”

A vehicle must be registered within 30 days of the owner doing any of the following:

• Becoming employed
• Placing children in public school
• Establishing residency

Snowbirds

Maybe you’re one of the million snowbirds who escape the cold weather up north to winter in Florida. There are some things you need to know:

• If you intend to use your vehicle for 90 days or more (consecutive or not) in Florida you must register your car in Florida.
• If your car is registered in Florida, you will have to get insurance from Florida that meets minimum requirements.
• You do not need to get a Florida driver’s license unless you spend seven or more months of the year in Florida.

Florida Rules of the Road

Whether you’re a resident or just passing through, it’s important to know the rules of the road. Take a peek at this basic rundown to make sure you are following the law.

Fault vs. No-Fault

Florida is a no-fault state, which means your own PIP coverage will pay for your injuries regardless of who caused the accident. Whoever causes the crash will still be liable for property damage.

Impaired-Driving Laws in Florida

There can’t be enough enforcement or education when it comes to the dangerous, reckless practice of drinking and driving. Like many states, Florida DUI laws are very strict if found guilty.

Speed Limits in Florida

Knowing the speed limit in Florida (for new residents or if you are just passing through) is something you need to be aware of before its too late and you see two red lights flashing in your rearview mirror. Here is a simple breakdown of the speed limits in Florida.

Child Safety Seat Laws in Florida

Child safety laws are some of the most important laws to adhere to and regulations are in strict force in Florida to ensure the utmost safety.

• Children from birth to age three must be secured in a federally approved child safety seat
• Children ages four and five may be secured in a federally approved child safety seat or a booster seat

If you fail to abide by this law you can face a fine of $60 for a first offense.

Another thing to consider regarding children in Florida: The Sunshine State tragically sees more child fatalities from heat strokes in cars than almost any other state in the nation.

Move Over and Keep Right Laws

Florida has what is called a Move Over law that requires you to move over for law enforcement, emergency, utility service, towing and even wrecker vehicles.

If it’s difficult or you can’t move over slow to a speed of 20 mph less than the posted speed limit. In the event of a posted speed limit of 20 mph slow to a speed a five mph.

Florida’s keep right laws require slower traffic to keep right and drivers to yield to faster vehicles.

For example: If you’re on a four-lane highway driving in the left lane and a vehicle moving faster than you is behind you, you must move over to the right lane and let them pass.

Distracted Driving

One of the common issues that have become more prominent since the dawn of smartphones is distracted driving while talking or texting while at the wheel.

Florida, like most states, has enacted laws limiting the use of handheld devices when driving.

Effective October 1st, 2019, the Florida Department of Highway Safety and Motor Vehicles (FLHSMV) says cellphones can “only be used in a hands-free manner when driving in a designated school crossing, school zone, or active work zone area.”

Enforcement for texting while driving is also now a primary offense (effective since July 1^st, 2019).

The FLHSMV says that if drivers text while driving, they face the following penalties.

• 1st violation: non-moving offense (no points added to driver’s record).
• 2nd violation: moving violation (three points added to driver’s record).

So put the phone down in the car, as Florida is strengthening its laws on distracted driving.

Ridesharing in Florida

Ridesharing services in Florida are one of the most common forms of transportation. Lyft and Uber are the most popular. Uber and Lyft drivers who have the app on must be carrying the following rideshare insurance limits.

• $50,000 of bodily injury coverage per person
• $100,000 of bodily injury coverage per accident,
• $25,000 of property damage liability coverage per accident.

Once you have a passenger, you need to be covered by the company’s third-party liability insurance policy, with at least one million dollars coverage for bodily injury and property damage.

Automation on the Roads in Florida

Florida allows autonomous vehicles in the state, but the laws specify the person who activated the autonomous technology shall be considered the “operator” regardless of whether that person is in the vehicle or not.

Owners (typically this would be a corporate entity) must provide proof of five million dollars proof on insurance or surety bond to the Florida Department of Highway Safety and Motor Vehicles when testing an autonomous vehicle.

These Facts Might Raise Your Eyebrow

To protect yourself, passengers, and your vehicle it’s best to be informed.

Vehicle Theft in Florida

Here are the top-10 stolen cars in the state of Florida:

Road Danger in Florida

The best way to stay out of danger on the road is to drive defensively and be aware of common issues in your state.

Traffic Fatalities from 2017

Here are statistics on traffic fatalities in Florida from 2017:

Fatalities by Person Type

Fatalities by Crash Type

Fatalities Rates in the Largest Cities

Traffic Fatalities: Rural vs. Urban

Fatalities Involving a DUI by County

Fatalities Involving Speeding by County

Five-year Fatality Trends in the Top-10 Counties (2017)

Teens and Drunk Driving

Teen drunk driving is a serious problem in a lot of states, and one that each parent must take seriously.

Commute Rates by Company in FL

You wouldn’t think that a commute would impact insurance rates at all. That isn’t the case, though, as you can see in the chart below.

Top Four Cities for Traffic Congestion

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