Table of Contents
- Cheapest Car Insurance Companies in Florida by Category
- Best Cities for Cheap Car Insurance in Florida
- Factors That Affect Car Insurance Premiums in Florida
- How to Get Cheap Car Insurance in Florida
- Cheap Car Insurance in Florida FAQ
Cheapest Car Insurance Companies in Florida by Category
Cheapest Car Insurance in Florida for Good Drivers
Drivers who have never had an accident or received a citation are considered good drivers by insurers and pay less for insurance than drivers with bad records. In addition to low rates, good drivers can often qualify for additional discounts from their insurance company. WalletHub compared rates across major insurance companies using a 45-year old, single man, with minimum coverage, a clean driving record, and good credit.
Cheapest Car Insurance in Florida for Full Coverage
Full coverage refers to a policy that goes beyond the minimum state requirements
. WalletHub compared full coverage rates that include 100k/300k/50k of liability coverage
, 100k/300k/50k of uninsured motorist coverage
as well as collision
coverage with a $500 deductible. Because full coverage protects you in more situations, it costs more than the minimum requirements. WalletHub compared full coverage rates using a 45-year-old, single man, with a clean driving record and good credit to find the cheapest options in Florida.
Cheapest Car Insurance in Florida After a Ticket
After a speeding ticket, most drivers will see their insurance rates go up for 3-5 years. It’s important to keep in mind that each insurance company calculates rates differently, so you should always get multiple quotes in order to make sure that you get the best deal. WalletHub compared the cheapest car insurance quotes in Florida for after a speeding ticket by averaging quotes of a 45-year-old, single man, with minimum coverage, good credit, and a prior speeding ticket.
Cheapest Car Insurance in Florida For Drivers with One At-Fault Accident
WalletHub averaged quotes from a 45-year-old, single man, with minimum coverage, good credit, and a prior at-fault accident to compare the cheapest companies. One at-fault accident will usually affect your insurance negatively for 3-5 years as insurers will consider you high-risk. Because of your higher rates, it is even more important to comparison shop. WalletHub has compared some of the cheapest car insurance companies after an at-fault accident in Florida.
Cheapest Car Insurance in Florida After a DUI
Insurers always charge drivers more for coverage after a DUI conviction as this signals to insurance companies you are a higher risk driver than the average person. WalletHub compared average quotes from a 45-year-old, single man, with minimum coverage, good credit, and a DUI. Because a DUI conviction puts you in the high-risk category to insurers, your insurance rates will be higher, and shopping around can save you a ton of money. To help, WalletHub compared some of the cheapest car insurance companies in Florida for drivers with a DUI.
Cheapest Car Insurance in Florida for Drivers with Poor Credit
A low credit score often flags drivers as higher risk, so insurers will usually charge them more for coverage. However, since insurers use different formulas to calculate premiums, poor credit might affect your rates more with one company compared to another. As each company treats credit differently, it pays to compare quotes. WalletHub found some of the cheapest car insurance companies in Florida by averaging rates for a 45-year-old, single man, with minimum coverage, a clean driving record, and poor credit.
Cheapest Car Insurance in Florida for Young Drivers
Since young drivers have less experience behind the wheel, insurers tend to charge them higher rates than more mature drivers. On average, most drivers will see their rates drop as they get older with a considerable decrease once they turn 25 years old. To help you find the cheapest rates for young drivers in Florida, WalletHub compared quotes from drivers aged 16-24 years old, with a clean driving record, minimum coverage, and good credit.
Cheapest Car Insurance in Florida for Older Drivers
Although mature drivers pay less for car insurance than teens, older drivers start to see their rates go up as they enter their senior years. WalletHub compared older driver premiums by averaging 55 and 65-year old, single men, with a clean driving record, minimum coverage, and good credit. Comparing car insurance rates can save older drivers hundreds of dollars a year.
Learn More About the Cheapest Car Insurance Companies in Florida
is the cheapest car insurance company overall in Florida, charging an average of $38 per month for coverage. In addition to low rates, drivers can qualify for a variety of discounts based on their policy, good driving, and vehicle safety.
costs the same as Geico on average, though it’s not available to all drivers. Specifically, USAA only sells policies to the military community, which includes active servicemembers, veterans, and military families.
is another great choice for Florida drivers, costing an average of $50 per month. As one of the largest insurers in the country, Liberty Mutual offers a wide range of resources and policy options for customers, which is helpful for those looking to purchase more than one type of insurance.
can be a good option for drivers who want affordable coverage, since policies cost an average of $76 per month. Though it’s not as cheap as some competitors, it’s still a good choice to consider.
charges a bit more for coverage than some of its competitors, with rates averaging $82 per month. But it’s still a great option for drivers looking for multiple types of insurance and a range of discount options.
Best Cities for Cheap Car Insurance in Florida
|Port Saint Lucie
|West Palm Beach
Factors That Affect Car Insurance Premiums in Florida
Cheapest Car Insurance in Florida
6 Tips For How To Get Cheap Car Insurance in Florida
1. Compare quotes from both national and regional insurers
Don’t forget to include local insurance companies in your search for cheap car insurance. In Florida, regional insurers might have lower rates than national companies and have comparable customer satisfaction ratings.
2. Know the factors affecting insurance in Florida
Everyone knows that your driving habits and claims history affect how much you pay for car insurance. But in Florida, companies consider your credit history, marital status, annual mileage, and even some factors beyond your control like age and gender to set your premiums.
3. Maintain coverage
You’ll see higher rates if you let your insurance lapse, even if you don’t own a car. Florida drivers who don’t maintain continuous coverage pay an average of 11% more than those with five or more years of insurance history.
4. Choose the coverage that is right for you
You need liability insurance to pay for the other driver’s damages if you’re at fault in an accident in Florida. But collision and comprehensive coverage are usually optional and may be unnecessary if you own an older car. Usage-based insurance might be a better fit than a standard policy for low-mileage drivers, and going with a higher deductible or lower coverage limits costs less, too. Don’t skimp on the coverage you need, but do make informed choices. That way, you won’t end up paying for more car insurance than you need.
5. Live in less expensive zip codes
Car insurance prices can vary a lot based on zip code in Florida. On average, drivers in the most expensive parts of Florida spend over $1,600 more per year on car insurance than those living in the least expensive areas.
6. Search for discounts
Top car insurance companies in Florida have a variety of discounts, so almost anyone can find ways to save. You may be able to get a discount if you’re a student, veteran, good driver, homeowner, willing to go paperless, and more.
WalletHub’s analysis of cheap car insurance companies in Florida is based on data from the Florida DMV and Quadrant Information Services. Together with that data, WalletHub used the characteristics listed below to create 40 different driver profiles designed to identify the cheapest car insurance companies for Florida drivers in a collection of key categories. For each profile, WalletHub compared quotes among top Florida car insurance companies by averaging premiums from 60 zip codes that represent at least 20% of Florida's population. Military-specific companies like USAA were only considered for the military-specific category, due to their eligibility restrictions. In some cases, they may still be the best option overall for eligible drivers.
In the table below, you can see all of the profile characteristics that were used in WalletHub’s analysis, in addition to the specific subset of characteristics that make up our Good Driver profile.
||All Profile Characteristics
||Good Driver Profile
||16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 35, 45, 55, 65
|Teenage Driver Included on Policy
||Clean, One Speeding Ticket, One At-Fault Accident, One DUI, Suspended License, Open Container, Red Light Infraction, Reckless Driving, One Not At-Fault Accident
|Miles Driven Per Year
||7,500 Miles, 15,000 Miles, 20,000 Miles
||Minimum, Standard, Full
||None, Multi-Policy, Homeowner, Student
||None, SR22, FR44
||Sedan, Minivan, SUV, Coupe, Truck
Below are additional details regarding the terminology and specific characteristics of the variables in the above table:
- Minimum Coverage: Coverage requirements of $10,000 in property damage liability per person and $10,000 in personal injury protection, as required by Florida's minimum coverage requirements.
- Standard Coverage: Coverage levels of 50k/100k/25k of liability coverage, 50k/100k/25k of uninsured motorist coverage and $10,000 of personal injury protection.
- Full Coverage: Coverage levels of 100k/300k/50k of liability coverage, 100k/300k/50k of uninsured motorist coverage, collision and comprehensive coverage with a $500 deductible and $10,000 of personal injury protection.
- Sedan: 2018 Toyota Camry.
- Minivan: 2018 Dodge Grand Caravan.
- SUV: 2018 Toyota RAV4.
- Coupe: 2018 Ford Mustang.
- Truck: 2018 Ford F-150.
Where driver profiles are not specified, WalletHub averaged Florida insurance quotes across 40 different driver profiles, using the above variables. Quote information is from Quadrant Information Services and is representative only. Individual rates will be different.