Best Car Insurance in Florida for 2022 Caret RightMain Menu Mortgage Mortgages Financing a home purchase Refinancing your existing loan Finding the right lender Additional Resources Elevate your Bankrate experience Get insider access to our best financial tools and content Caret RightMain Menu Bank Banking Compare Accounts Use calculators Get advice Bank reviews Elevate your Bankrate experience Get insider access to our best financial tools and content Caret RightMain Menu Credit Card Credit cards Compare by category Compare by credit needed Compare by issuer Get advice Looking for the perfect credit card? Narrow your search with CardMatch Caret RightMain Menu Loan Loans Personal Loans Student Loans Auto Loans Loan calculators Elevate your Bankrate experience Get insider access to our best financial tools and content Caret RightMain Menu Invest Investing Best of Brokerages and robo-advisors Learn the basics Additional resources Elevate your Bankrate experience Get insider access to our best financial tools and content Caret RightMain Menu Home Equity Home equity Get the best rates Lender reviews Use calculators Knowledge base Elevate your Bankrate experience Get insider access to our best financial tools and content Caret RightMain Menu Loan Home Improvement Real estate Selling a home Buying a home Finding the right agent Additional resources Elevate your Bankrate experience Get insider access to our best financial tools and content Caret RightMain Menu Insurance Insurance Car insurance Homeowners insurance Other insurance Company reviews Elevate your Bankrate experience Get insider access to our best financial tools and content Caret RightMain Menu Retirement Retirement Retirement plans & accounts Learn the basics Retirement calculators Additional resources Elevate your Bankrate experience Get insider access to our best financial tools and content Powered by Coverage.com (NPN: 19966249) Advertiser Disclosure
Advertiser Disclosure
We are an independent, advertising-supported comparison service. Our goal is to help you make smarter financial decisions by providing you with interactive tools and financial calculators, publishing original and objective content, by enabling you to conduct research and compare information for free - so that you can make financial decisions with confidence.
Bankrate has partnerships with issuers including, but not limited to, American Express, Bank of America, Capital One, Chase, Citi and Discover. How We Make Money
The offers that appear on this site are from companies that compensate us. This compensation may impact how and where products appear on this site, including, for example, the order in which they may appear within the listing categories. But this compensation does not influence the information we publish, or the reviews that you see on this site. We do not include the universe of companies or financial offers that may be available to you. Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in . Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way. Best car insurance in Florida for 2022
Cate Deventer is a writer, editor and insurance professional with over a decade of experience in the insurance industry as a licensed insurance agent. Angelica Leicht is an insurance editor on the Bankrate team. She is truly passionate about helping readers make well-informed decisions for their wallets, whether the goal is to find the right comprehensive auto policy or the best life insurance policy for their needs. Mark Friedlander is director of corporate communications at III, a nonprofit organization focused on providing consumers with a better understanding of insurance. Updated Nov 04, 2022 Compare car insurance rates Answer a few questions to discover real rates from top-tier carriers in your area. Your information is secure Compare rates Select from a variety of trusted carriers + MORE How it works Caret Down Tell us a little about yourself We'll only ask for info we're confident will impact your rate. That way, we can provide you with the most accurate and personalized offers. Choose which policy is best for you Compare your options from a list of carriers that want to get you insured. You can then move forward with as many as you'd like. Lock in your rate and policy details Once you're confident in your selected carrier, finish up the process online or on the phone with a trusted agent. And that's it! On This Page
The best car insurance in Florida will ultimately depend on your unique situation, but there are several companies that stand out as among the top contenders. Bankrate's research into the Florida car insurance market found that, on average, full coverage costs $2,762 per year and minimum coverage costs $997 per year, both significantly higher than the national averages of $1,771 and $545 respectively. Bankrate's editorial team knows that price isn't everything, though. Our research could help you find a Florida car insurance company that fits your budget and coverage needs. Key survey insights The average cost of auto insurance in Florida is $2,762 per year for full coverage and $997 per year for minimum coverage. State Farm has the cheapest average full coverage premium in Florida at $2,055 per year. Finding car insurance in FL that fits your needs is especially important considering that the state's roadways are crowded with both residents and tourists, making accidents more likely. Compare rates and save on auto insurance today! Get quotes Close X How Bankrate chose the best car insurance companies in Florida
To find the in Florida, we began by reviewing 2022 quoted annual premiums from Quadrant Information Services for the largest car insurance companies by market share in the state. Because price is just one factor when shopping for car insurance, we also took coverage options, discounts, digital assets and third-party ratings from J.D. Power and AM Best into consideration. We compiled these factors into a Bankrate Score. Each score is on a scale of 0.0 to 5.0. The higher a company's Bankrate Score, the higher that company ranked in each category. Because this scoring method combines numerous facets of each carrier into a single Score, it helps make your process of researching companies easier with an easy comparison tool.
Bankrate utilizes Quadrant Information Services to analyze 2022 rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Rates are weighted based on the population density in each geographic region. Quoted rates are based on a 40-year-old male and female driver with a clean driving record, good credit and the following full coverage limits: $100,000 bodily injury liability per person $300,000 bodily injury liability per accident $50,000 property damage liability per accident $100,000 uninsured motorist bodily injury per person $300,000 uninsured motorist bodily injury per accident $500 collision deductible $500 comprehensive deductible To determine minimum coverage limits, Bankrate used minimum coverage that meets each state's requirements. Our sample drivers own a 2020 Toyota Camry, commute five days a week and drive 12,000 miles annually. These are sample rates and should only be used for comparative purposes.
Bankrate Scores primarily reflect a weighted rank of industry-standard ratings for financial strength and customer experience in addition to analysis of quoted annual premiums from Quadrant Information Services, spanning all 50 states and Washington, D.C. We know it is important for drivers to be confident their financial protection covers the likeliest risks, is priced competitively and is provided by a financially-sound company with a history of positive customer support. To determine how well the best car insurance companies satisfy these priorities, third-party agency ratings from , , , NAIC, and Moodys had the most impact on the companies' Bankrate Scores. As price is a common consideration for drivers, we analyzed quoted premiums based on 40-year-old male and female drivers with a 2019 Toyota Camry. This profile, assessed across more than 35,000 ZIP codes in the U.S., provided a basis on which drivers may compare each provider. While coverage options, insurer availability, affordability and customer experience are often the top priorities, Bankrate also analyzed each insurer's online and mobile resources for policy management and claims handling. Insurance is rapidly evolving to keep pace with our digital world, so these aspects also carried weight in determining Bankrate Scores. Best car insurance companies in Florida
Based on our research method, the companies that sell the best car insurance in Florida include State Farm, Geico, Progressive and Allstate. These companies offer impressive coverage options and robust lists of discounts. Below, we go into more depth about these carriers to help you decide if any are right for you. COMPANY BANKRATE SCORE J.D. POWER CUSTOMER SATISFACTION SCORE
(FLORIDA REGION) AVERAGE ANNUAL FULL COVERAGE PREMIUM AVERAGE ANNUAL MINIMUM COVERAGE PREMIUM 4.7 840/1,000 $2,055 $754 4.7 823/1,000 $2,103 $684 4.3 810/1,000 $2,986 $1,287 3.7 849/1,000 $2,784 $1,040 This advertisement is powered by Coverage.com, LLC, a licensed insurance producer (NPN: 19966249) and a corporate affiliate of Bankrate. The offers and links that appear on this advertisement are from companies that compensate Coverage.com in different ways. The compensation received and other factors, such as your location, may impact what offers and links appear, and how, where and in what order they appear. While we seek to provide a wide range of offers, we do not include every product or service that may be available. Our goal is to keep information accurate and timely, but some information may not be current. Your actual offer from an advertiser may be different from the offer on this advertisement. All offers are subject to additional terms and conditions. Compare auto insurance rates
Answer a few questions to see personalized rates from top carriers. Save on auto with quotes from trusted providers like: Arrow Right Powered by Coverage.com (NPN: 19966249) Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in . Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way. This advertisement is powered by Coverage.com, LLC, a licensed insurance producer (NPN: 19966249) and a corporate affiliate of Bankrate. The offers and links that appear on this advertisement are from companies that compensate Coverage.com in different ways. The compensation received and other factors, such as your location, may impact what offers and links appear, and how, where and in what order they appear. While we seek to provide a wide range of offers, we do not include every product or service that may be available. Our goal is to keep information accurate and timely, but some information may not be current. Your actual offer from an advertiser may be different from the offer on this advertisement. All offers are subject to additional terms and conditions. Compare auto insurance rates
Answer a few questions to see personalized rates from top carriers. Save on auto with quotes from trusted providers like: Arrow Right Powered by Coverage.com (NPN: 19966249) Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in . Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way. Discover the best carrier for you
Get custom car insurance quotes from top-rated carriers in 3 minutes or less. State Farm
With the lowest average full coverage premium on our list, State Farm could be a good choice if you're looking for the . Additionally, State Farm carries an A++ (Superior) financial strength rating from AM Best, the highest level possible. The company has a from the National Association of Insurance Commissioners (NAIC) for private passenger insurance. However, as an overall insurer, State Farm has received more complaints than the baseline, which might indicate that some policyholders have experienced dissatisfaction with State Farm's level of customer service. Learn more: Geico
If you are looking for strong digital assets, lower-than-average premiums and a long list of discounts, Geico could be a great choice. Being a federal employee, an active-duty military member or veteran, or a student with good grades could lower your insurance premiums. Geico's digital tools are highly rated for shopping experience in the . However, the carrier doesn't have as many endorsement options as some other companies, so its policies are relatively basic. Learn more: Progressive
Although Progressive has the highest average full coverage premium on our list, its benefits may outweigh the cost. The company provides numerous digital tools that could make your search for the best auto insurance in Florida faster and easier. Its Name Your Price tool populates coverage options based on your budget, and you can even compare rates from different companies right from Progressive's website. The national carrier also offers its , which provides customers with opportunities to save on premium based on their driving habits. Learn more: Allstate
Allstate offers a wide range of standard auto insurance coverage choices, an exceptional web presence and a slew of ways policyholders could save on their premiums. Drivers insured with Allstate may be able to save by digitally managing their policy, installing safety equipment and engaging safe driving habits to benefit from the company's unique Safe Driving Bonus. The carrier has the second-highest premium on our list, though, so it may not be the best fit for consumers on a tight budget. Learn more: Average car insurance cost in Florida
Florida auto insurance is, in general, more expensive than auto insurance in the rest of the country. Full coverage costs an average of $2,762 per year and minimum coverage costs an average of $997 per year. Compared to the 2022 national , which is $1,771 per year for full coverage, Florida drivers pay quite a bit more on average. In fact, Florida is the in the nation for full coverage car insurance, according to Bankrate’s analysis. The higher-than-average premium across Florida may be partly due to the state’s geographic location, with 1,350 miles of coastline (the most in the U.S.) and its resulting susceptibility to severe weather events such as tropical storms, hurricanes and even tornadoes. Florida also has a high population of uninsured drivers, with estimated to be driving without insurance, according to 2019 data published by the Insurance Information Institute (Triple-I). All of these factors, especially when added to the state’s busy roadways, could be contributing to high insurance costs. AVERAGE ANNUAL PREMIUM FOR MINIMUM COVERAGE IN FLORIDA AVERAGE ANNUAL PREMIUM FOR FULL COVERAGE IN FLORIDA $997 $2,762
FLORIDA CITY AVERAGE ANNUAL PREMIUM FOR FULL COVERAGE IN FLORIDA AVERAGE ANNUAL PREMIUM FOR MINIMUM COVERAGE IN FLORIDA $2,212 $810 $3,224 $1,193 Gainesville $1,955 $686 Hialeah $3,777 $1,393 $2,503 $886 Lakeland $2,520 $899 $3,713 $1,340 Ocala $2,195 $779 $2,698 $1,036 Pensacola $2,302 $789 $2,208 $763 $3,459 $1,292 $3,563 $1,281 How to get the best car insurance in Florida
Many drivers likely want to be covered under the best auto insurance company they can find. Since every driver's needs are different and can depend on factors like vehicle type and coverage requirements, finding the best carrier largely depends on what aspects of auto insurance you choose to prioritize. However, you can take some steps to help you in your search. Consider minimum insurance requirements in Florida
Florida is a , meaning that regardless of who is responsible for an accident, each person involved is responsible for filing a claim with their own insurer to cover their medical expenses, at least at first. The is responsible for property damages. are relatively unique; the state only requires personal injury protection (PIP) and property damage coverage. Bodily injury liability coverage is not technically required. However, the state does have a "financial responsibility law" that dictates that you must provide proof of your ability to pay for the damages you cause in an accident. Although auto insurance is not the only way to satisfy this law - you could post a bond, for example - however, most drivers opt to purchase a policy that includes bodily injury liability coverage. Although helps keep the state's high premiums in check, drivers may find themselves with higher out-of-pocket expenses following a more serious accident where injuries or damages exceed the minimum amounts. While serious incidents such as car accidents cannot be planned for in advance, purchasing additional coverage upfront, including optional collision and comprehensive coverage, as well as uninsured and underinsured motorist coverage, could help minimize unexpected financial losses. Consider lender requirements
If you have a loan or lease on your vehicle, you may have different insurance requirements than just satisfying the state minimum coverage. Both lenders and lessors usually require , which adds comprehensive coverage and collision coverage to your policy. These coverage types provide substantial financial protection for both collision and non-collision damage to your vehicle, rather than just for damage you cause to another party. Lessors also usually require that you carry higher-than-state-minimum liability limits. You could also consider , designed to pay for the difference between your loan value and the vehicle's actual cash value if your new car is stolen or totaled. Gap coverage typically costs less if you purchase it from your auto insurer versus your lender. Consider your individual needs
Every driver has a unique set of circumstances that they bring to car insurance. Your situation will affect the company, coverage types and levels, endorsements and discounts you choose. For example, if you have a , you may want to search for companies that offer student discounts, which could help you lower your premium. If you have a few accidents, tickets, a DUI conviction or any combination of these incidents on your driving record, you might be considered a . Your insurance company choices could be limited, so you might need to do a bit more research to find the best option for you. Car insurance discounts in Florida
Regardless of your initial premium quote, insurance discounts could help you get cheaper car insurance. Your driving habits, vehicle safety features, or preferred payment method could all help you . Some in Florida are: Young driver discounts: Young drivers can be expensive to insure, but you can find by utilizing discounts. Good student discounts, distant student discounts and driver training discounts are common. Safe driver discounts: Many companies offer usage-based insurance programs, which track your driving patterns with a mobile app or plug-in device. Based on how safely you drive and how much you drive, you might earn a substantial discount. You might also save if you drive a certain number of years without filing a claim and incurring any moving violations. Other discounts: policies with the same carrier is a common and relatively impactful discount. Additionally, you might with billing discounts like signing up for automatic payments or receiving your statements electronically. If you're switching companies, be sure to mention if you have a current policy that has not lapsed. Some companies offer continuous insurance discounts. Discounts vary by carrier, so speaking with your agent or company representative is often the best way to learn what savings opportunities might be available to you. Auto Car Guides Looking to save money on auto insurance
Compare rates & save Compare rates & save ADVERTISEMENT Get my free quote Powered by Coverage.com (NPN: 19966249) This advertisement is powered by Coverage.com, LLC, a licensed insurance producer (NPN: 19966249) and a corporate affiliate of Bankrate. The offers and links that appear on this advertisement are from companies that compensate Coverage.com in different ways. The compensation received and other factors, such as your location, may impact what offers and links appear, and how, where and in what order they appear. While we seek to provide a wide range of offers, we do not include every product or service that may be available. Our goal is to keep information accurate and timely, but some information may not be current. Your actual offer from an advertiser may be different from the offer on this advertisement. All offers are subject to additional terms and conditions. Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in . Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way. Frequently asked questions
Geico and State Farm offer cheap minimum and full coverage in Florida, based on average premium data. Keep in mind, though, that the will vary based on your individual rating factors, which means that the cheapest company for you might not be the cheapest for someone else. Getting from a handful of companies and comparing prices could help you get a cheaper rate. Remember too that price isn't the only factor you should be considering when you shop for car insurance. Finding coverage that meets all your needs (not just your budgetary needs) helps you obtain proper financial protection.
The minimum coverage requirements in Florida only include personal injury protection (PIP) and property damage liability (PDL) up to $10,000 each. However, you do have to prove that you have the financial means to pay for bodily injury that you cause. Because of this, most individuals purchase auto insurance to fulfill the financial responsibility law. In Florida, the minimum limits for bodily injury are $10,000 per person and $20,000 per accident. Most insurance experts recommend purchasing higher liability limits or even full auto coverage. Minimum coverage limits could leave you with hefty out-of-pocket costs if you cause an accident.
Florida is one of the most expensive states in the country for car insurance. The state's dense population, stormy weather patterns and high volume of uninsured drivers are all factors that might contribute to steeper premiums. Although the is $2,762 per year for full coverage and $997 per year for minimum coverage, your rate could be more or less depending on more than a dozen personal , including age, gender, marital status, occupation, motor vehicle record, make and model of your vehicle, coverage types and deductibles you choose, how many miles you drive per year, ZIP code and your auto insurance claims history.
Yes, your will generally impact how much you pay for auto insurance in Florida unless you choose a carrier that does not utilize credit in its underwriting criteria. Most carriers use credit as a rating factor. Generally, will pay higher premiums, due to a higher statistical likelihood of filing a claim. If you have a lower credit score, you may want to shop around to find the lowest-priced policy. Taking advantage of discounts and maintaining a clean driving record can also help keep premiums down. Written by Cate Deventer Insurance Writer & Editor Cate Deventer is a writer, editor and insurance professional with over a decade of experience in the insurance industry as a licensed insurance agent. Angelica Leicht is an insurance editor on the Bankrate team. She is truly passionate about helping readers make well-informed decisions for their wallets, whether the goal is to find the right comprehensive auto policy or the best life insurance policy for their needs. Mark Friedlander is director of corporate communications at III, a nonprofit organization focused on providing consumers with a better understanding of insurance.