In a Nutshell
We’ve compared the cost of car insurance for Florida drivers to find some of the cheapest rates for basic coverage in the Sunshine State. The average cost of car insurance in Florida depends on factors like age, driving history and credit scores. Read on to find out how much you could save on car insurance.Note from our editor: Maybe you’re searching for car insurance for the first time or want to do some insurance shopping to help lower your monthly premium? This article can serve as a starting point for your car insurance research. There are a lot of factors when it comes to the cost of car insurance, so while you may not see the exact premiums we’ve researched, they can give you an idea of some of the insurers offering the cheapest rates in your state.
Driving through the Everglades or taking a road trip up the Atlantic Coast are a couple of amazing adventures you could have in Florida. But if you’re overpaying for car insurance, you’ve got less cash for your next expedition.
We looked at estimated insurance rates across various insurance companies and calculated the average cost of car insurance in Florida and the cheapest estimated rates on basic coverage for several different driver profiles.
Unless otherwise noted, we based our calculations on a neutral driver profile. For example, our Florida driver has no claims, tickets or accidents and drives a car valued between $20,000 and $30,000. That helps us compare rates easily across insurers (see our full methodology for more information). Depending on your driving history and other factors that affect car insurance, like your mileage, age, vehicle type and coverage options, your rates may be different.
Read on to learn about Florida’s average car insurance rates and our findings for the cheapest options for basic coverage.
- Cheap car insurance in Florida
- 5 cheapest car insurance companies in Florida
- Cheapest full-coverage car insurance in Florida
- Cheapest state-minimum car insurance in Florida
- Cheapest car insurance for good credit in Florida
- Cheapest car insurance for poor credit in Florida
- Cheapest car insurance for drivers with multiple claims in Florida
- Cheapest car insurance for young drivers in Florida
- Florida auto insurance requirements
- Is usage-based insurance available in Florida?
- FAQs about cheapest car insurance rates in Florida
- Methodology
Cheap car insurance in Florida
Average monthly premiums for car insurance in Florida range from just over $50 to nearly $250, depending on the type of coverage and driver profile.
Average monthly auto insurance premiums in Florida
| Driver or coverage | Avg. monthly cost |
|---|---|
| Full-coverage car insurance in Florida | $249.42 |
| State-minimum car insurance in Florida | $60.28 |
| Drivers with poor credit in Florida | $50.83 |
| Drivers with multiple claims in Florida | $116.01 |
| Young drivers in Florida | $82.85 |
5 cheapest car insurance companies in Florida
These are the five cheapest auto insurance companies in Florida for minimal coverage, based on our specific Florida driver profile. This Florida driver has a credit score between 680 and 719, a car worth $20,000 to $30,000, and a driving record free of tickets and coverage gaps (see full methodology for more information).
We’ve also looked at the cheapest car insurance for drivers with different credit outlooks, coverage options and other characteristics that affect car insurance, so don’t worry if you don’t match our Florida driver profile exactly.
1. Allied
Our Florida driver profile could see basic car insurance from Allied for as little as $34.33 per month. Allied is owned by Nationwide and sells custom insurance through independent agents. Allied offers additional coverage benefits that include property damage, medical costs, roadside services and loss of income.
2. Mercury
Founded in 1961, Mercury provides auto, home, condo, renters, business and mechanical protection insurance. Our Florida driver profile may see basic car insurance for as little as $35.75 per month. Mercury also offers a full suite of coverage options, including extras like roadside assistance and rideshare insurance if you drive for a company like Uber or Lyft. Plus, repairs made by a Mercury-authorized auto shop are guaranteed for as long as you own your car.
Read reviews of Mercury.3. Geico
With Geico, our Florida driver profile could see basic car insurance for $38.44 per month. Geico stands out for its long list of discount opportunities, which include savings for having specific vehicle equipment, maintaining safe driving habits, having certain jobs or affiliations, and being a loyal customer.
Read reviews of Geico.4. State Farm
Our Florida driver profile could find basic car insurance through State Farm for as little as $40.83 per month. State Farm also offers a wide range of coverage options, from full coverage to rideshare service. State Farm also has savings specifically for young drivers, including the Steer Clear program for drivers under 25.
Check out reviews of State Farm.5. Security National Insurance
Security National Insurance offers car insurance for as little as $44.33 per month on basic coverage for our Florida driver profile. Security National sells insurance in Florida under Foremost, a Farmers Insurance company. Customers can also shop for uninsured/underinsured motorist, bodily injury, rental reimbursement, medical payment, roadside assistance and loan/lease coverages.
Cheapest full-coverage car insurance in Florida
Full-coverage auto insurance can vary from company to company. In this instance, it refers to a policy that includes bodily injury, property damage, uninsured motorist, personal injury protection, collision and comprehensive coverages.
The following five companies have the cheapest estimated full-coverage options for Florida drivers who fit our profile.
5 cheapest full-coverage car insurance companies in Florida
| 1 | Mercury | $147.04/month |
| 2 | State Farm | $176.27/month |
| 3 | Geico | $202.94/month |
| 4 | Travelers | $209.08/month |
| 5 | Allied | $212.75/month |
Cheapest state-minimum car insurance in Florida
On the other end of the spectrum from full coverage is state-minimum coverage — the amount of coverage required by your state to legally register and drive your car. It usually includes bodily injury liability and property damage liability and is often the least expensive type of insurance you can carry.
The following companies have the lowest estimated rates for Florida drivers looking for in state-minimum coverage only.
5 cheapest car insurance companies in Florida for state-minimum coverage
| 1 | Allied | $34.33/month |
| 2 | Mercury | $35.75/month |
| 3 | Geico | $38.44/month |
| 4 | State Farm | $40.83/month |
| 5 | Security National Insurance | $44.33/month |
Cheapest car insurance for good credit in Florida
If you have good credit, you may see a lower rate on your car insurance premium. Many insurers use a credit-based auto insurance score to set car insurance premiums, which can favor people with high credit scores.
These five companies have the cheapest car insurance, on basic coverage, for Florida drivers with good a credit score of 720 and higher.
5 cheapest car insurance companies in Florida for those with good credit
| 1 | Mercury | $27.04/month |
| 2 | Allied | $28.50/month |
| 3 | Geico | $30.43/month |
| 4 | State Farm | $32.14/month |
| 5 | Travelers | $34.92/month |
Cheapest car insurance for poor credit in Florida
There’s some good news if your credit score isn’t perfect. Other factors, like a record of safe driving and car usage, can lower your car insurance costs.
The following companies have the lowest estimated rates on basic coverage for drivers considered to have poor credit.
5 cheapest car insurance companies in Florida for those with poor credit
| 1 | Allied | $49.88/month |
| 2 | Mercury | $57.02/month |
| 3 | Direct General Insurance | $58.17/month |
| 4 | Security National Insurance | $58.33/month |
| 5 | Geico | $69.33/month |
Cheapest car insurance for drivers with multiple claims in Florida
Your claims history can also affect your car insurance premium. If you have many claims on your record, you’ll likely see higher costs for car insurance.
The following companies have the lowest estimated rates on basic auto insurance for drivers with multiple claims.
5 cheapest car insurance companies in Florida for multiple claims
| 1 | Geico | $61.04/month |
| 2 | Allied | $70.33/month |
| 3 | Security National Insurance | $77.17/month |
| 4 | Mercury | $78.96/month |
| 5 | State Farm | $83.19/month |
Cheapest car insurance for young drivers in Florida
Shopping for your first car insurance policy? Unfortunately, you may pay more for car insurance than a driver with more experience, all else being equal.
The following companies have the lowest estimated rates on basic coverage for Florida drivers between the ages of 18 and 21 years old.
5 cheapest car insurance companies in Florida for young drivers
| 1 | Allied | $47.75/month |
| 2 | Security National Insurance | $52.58/month |
| 3 | Mercury | $52.67/month |
| 4 | Geico | $55.08/month |
| 5 | State Farm | $59.90/month |
Florida auto insurance requirements
Florida law requires all registered vehicles to carry personal injury protection and property damage liability insurance. Drivers must have a minimum of $10,000 in PIP and a minimum of $10,000 in PDL.
Is usage-based insurance available in Florida?
Usage-based insurance is vehicle insurance that allows customers to pay premiums based on their driving behavior. Florida drivers can use usage-based insurance to track their driving habits and possibly save money on their premiums.
FAQs about the cheapest car insurance rates in Florida
At $34.33 per month, Allied offers the least-expensive state-minimum car insurance in Florida, based on our driver profile.
Monthly premiums for car insurance in Florida range from just under $35 to more than $250, depending on the type of coverage you choose and other factors like your age, driving record and vehicle.
You can lower the cost of your car insurance in several ways. For example, you can choose a higher deductible or decrease the coverage on your vehicle. You can also shop around and make sure you’re claiming all of the discounts you’re entitled to, including those for good driving habits or bundling multiple policies with one insurer.
Methodology
This article’s estimated rates are the lowest based on the profile of a driver age 36 to 45 living in Florida. Unless otherwise noted, the rates displayed assume a single driver on the insurance policy with no tickets on their driving record and no claims or coverage lapses. The vehicle used in this estimate is valued between $20,000 and $30,000 and has annual mileage of 12,000 to 15,000. Estimated rates for insurance for good credit apply to scores of 720 and above. Estimated rates for insurance for poor credit apply to scores from 350 to 579. Estimated rates for young drivers include those age 18 to 21. Estimated rates for those with multiple claims are calculated based on two claims.
Note that the rates are provided every six months by Quadrant Information Services. Quadrant Information Services doesn’t include all insurance companies in its rate data. These are estimated rates meant only to provide a frame of reference and comparison. Your rates may vary depending on a range of factors, such as your age, vehicle driving habits and history.
Average monthly premium for full-coverage car insurance includes bodily injury, property damage, uninsured motorist, personal injury protection, collision and comprehensive coverages. Average monthly premium for state-minimum car insurance includes Florida-mandated minimums of $10,000 in personal injury protection and $10,000 in property damage liability.