Car insurance rates in Florida average around $1,800-$2,000 per year ($150-$167 per month), as of 2019. Even though Florida’s minimum insurance requirements are low—in fact, the lowest in the country—other factors make Florida one of the most expensive states for car insurance in the U.S. These factors include high percentages of uninsured and at-risk drivers, high levels of fraud, catastrophic weather events and densely populated cities.
Certain areas of the state are more expensive for car insurance than others. Drivers in the populous areas of Tampa Bay, Miami, Ft. Lauderdale and Orlando pay the highest rates in the state. Premiums are not as high in Jacksonville or Tallahassee. And the less densely populated areas of the state tend to have the lowest rates.
The amount you pay for coverage in Florida will also depend on factors such as the car you drive, your driving history, age, credit score and gender. To find your best rates, compare personalized quotes from several Florida insurance companies. Progressive, GEICO and Liberty Mutual are three choices that tend to offer good rates in the state.
WalletHub Answers is a free service that helps consumers access financial information. Information on WalletHub Answers is provided “as is” and should not be considered financial, legal or investment advice. WalletHub is not a financial advisor, law firm, “lawyer referral service,” or a substitute for a financial advisor, attorney, or law firm. You may want to hire a professional before making any decision. WalletHub does not endorse any particular contributors and cannot guarantee the quality or reliability of any information posted. The helpfulness of a financial advisor's answer is not indicative of future advisor performance.
WalletHub members have a wealth of knowledge to share, and we encourage everyone to do so while respecting our content guidelines
. This question was posted by WalletHub. Please keep in mind that editorial and user-generated content on this page is not reviewed or otherwise endorsed by any financial institution. In addition, it is not a financial institution’s responsibility to ensure all posts and questions are answered.