Florida: Home to The Gators, Disney World and the third most expensive auto insurance company in the country.
After Michigan and Louisiana, the average Florida premium is a staggering $ 2,239. That’s nearly 50% more than the national average of $ 1,517 insure.com.
Why is Florida Auto Insurance So Expensive? Well, busy roads, bad weather, and distracted tourists in rental cars all add to this. However, the main driver is that Florida has the highest rate of uninsured drivers in the country at 26.7% motorist.
As a Florida Driver, How Can You Stay Insured for Less Responsibly? Let’s examine the best Florida car insurance.
Compare Auto Insurance Quotes in Florida
Overview: Best Car Insurance in Florida
|providers||Best for||Average premium
(monthly rate for 25-year-old women who drive 17 Jettas without previous accidents)
|Gabi||Search multiple offers at the same time||Varies|
|Liberty Mutual||Bundle house / tenant and car||$ 238.58|
|District farm||Good drivers and good students||$ 152.39|
|Allstate||New car buyers||$ 237.00|
|Progressive||Budget buyer||$ 168.17|
Above average premiums
The average premiums were calculated using the following dummy profile:
- Jennifer, 25 years old, is single, employed and has no previous accidents.
- She rents a 2017 Volkswagen Jetta 1.4 SE.
- She rents an apartment at 32277, Jacksonville.
- She secures every possible discount and opts for telematics programs.
Hopefully the table gives you one very coarse Idea of how much certain Florida providers charge. As I said before, decent insurance in Florida is pretty expensive everywhere. Note, however, that Jennifer’s quotes may not reflect yours as each insurer charges quotes and risks differently. Prices will vary.
As a result, the only way to really find it is Your The best price is to look around!
Gabi is an insurance aggregator like Kayak.com for flights. Enter the usual driver and vehicle information and Gabi collects offers from several competing suppliers at the same time so that you can quickly and easily choose the best price.
Gabi isn’t the premier auto insurance aggregator. To get noticed, they have implemented an extremely innovative money saving feature. You can upload your existing policy to Gabi and the website will focus on finding offers that beat them. In addition, after six months Gabi will automatically try to find a better price for you once again. This way, Gabi has saved her users over $ 961 on average.
Learn more about Gabi or read our full review.
Liberty Mutual is like the Costco of auto insurers; The more you spend, the more you save. Like any favorite $ 1.50 hot dog supplier, Liberty Mutual is known for excellent customer service, wide selection and savings on bundles. Your customer service representatives are available around the clock and they offer generous discounts for house / tenant + car bundling.
This last point is important because Florida is also reportedly the third most expensive state for homeowner insurance versicherung.com. If you bundle both policies through Liberty Mutual, you can save up to 25%.
Learn more about Liberty Mutual or read our full review.
Esurance is a sub-brand of Allstate that is clearly aimed at young drivers who want to quickly buy a policy online and deal with it. It abandons the traditional model of live agents and stationary locations in favor of a robust online portal equipped with a range of tools to find the best prices.
Aside from below average rates, the coverage counselor is the provider’s standout feature. The tool emulates a conversation you might have with a live agent by outlining your coverage options and clearly explaining why they are important and how they affect your rewards. By choosing the Law Sum insured for your specific situation, Esurance could save you hundreds.
Learn more about Esurance or read our full review.
State Farm is another insurance giant that is constantly developing new features and discounts to stay competitive. Her model currently prefers safe drivers and student drivers. If you fit into both categories, District farm may offer you the lowest offer by a considerable margin.
Safe and student discounts and features include, but are not limited to, the Accident Accident Discount, a Defensive Driving Course Discount, a Driver Ed Discount, a Good Driver Discount, and a Good Student Discount, 25% of which alone can be deducted from your premiums. In addition, the Drive Safe and Save telematics program is one of the most user-friendly and rewarding in the industry.
If you’re a Florida student who drives safely and studies hard, State Farm has a lot going for it.
Learn more about State Farm or read our full review.
For me, Allstate will always bring back memories of Dennis Haysbert, who grumbles stoically: “are she in good hands?“It’s a good question to ask yourself if you drive a brand new car in Florida. New cars depreciate quickly and policyholders are often appalled by the difference between their purchase price and the insurance company’s payout, known as the ‘void’.
In addition to the usual discounts offered by other insurance giants, Allstate is particularly friendly to new car buyers. They offer both new car replacement coverage, which completely replaces a car under two years old, and a new car discount, which lowers the premiums for cars under one year old.
Both are particularly relevant in Florida, where your new car faces additional threats from uninsured motorists and bad weather.
Learn more about Allstate or read our full review.
Insurance premiums in Florida are astronomically expensive and the minimum legal requirements are dangerously low: a dangerous mix. As a Florida driver, how can you protect yourself from underinsured and uninsured drivers without breaking the bank?
Progressive has a few key features that seem tailored for Florida drivers. First, they simply have some of the cheapest rates in the industry backed by a price comparison tool so you can see how much they are undercutting the competition. Second, you can use the Snapshot telematics program to prove your careful driving skills for a discount.
Finally and most relevantly: Progressive has a Name Your Price tool that allows you to enter a budget and tell you how much of each type of insurance you can afford. Then you can play around with the tool to, for example, maximize the protection of under- or uninsured drivers if you live in the city, or perhaps fully if you live near the ocean.
Thanks to its robust customer service and intuitive technology, Progressive is a great choice for Florida drivers.
Learn more about Progressive or read our full review.
Who has the best (and cheapest) car insurance in FL?
It would be misleading for me to say that every provider definitely offers the cheapest insurance in Florida. After all, the offers for car insurance vary wild depending on your credit score, driving history, and sometimes even marriage status where to shop for groceries.
In addition, every insurer calculates the risk differently. Your situation may be perceived as high risk for some and low risk for others. To illustrate, I spent a March morning getting a dozen new deals online to insure my 2001 Miata. Despite my pristine record, my first two offers for a six-month premium were $ 203 and $ 1,189, respectively.
Florida Minimum Coverage Requirements for 2020
It’s important to know your government minimum requirements so you don’t mistakenly overpay for coverage that you don’t absolutely need. Here are the minimum state requirements for Florida in 2020:
- Personal Injury Cover – $ 10,000 per person and $ 20,000 per accident.
- Property damage insurancee – $ 10,000 per accident.
- Uninsured car insurance – $ 10,000 per person and $ 20,000 per accident.
- Personal protection – $ 10,000
For more information on types of auto insurance, see the article by Mu30: Auto Insurance Definitions – What Every Driver Needs To Knowbut here’s the thin one on these four.
Let’s say you cause an accident. They damage your car, the other person’s car, and a lamp post. You, your friend in the passenger seat, and the other driver are all injured.
Personal Injury Protection covers the cost of your injuries, while Personal Injury Protection covers the injuries and lost wages of the other two people. Property damage affects the other driver’s car and the lamppost. You pay out of pocket to cover damage to your car as well as any costs in excess of the above limits.
If the other The driver caused the accident and was not insured. Your uninsured auto insurance covered your vehicle and medical bills up to $ 10,000 per person for a total of $ 20,000.
Note that like most state minimum requirements, Florida doesn’t include collision or extensive coverage. These would help cover the damage to your property following an accident or incident (i.e. hail, tree fall). If you live in an area affected by bad weather (one argument could be made for most of Florida), extensive coverage is a good idea.
When stopped in Florida
You are required by law to have proof of insurance in your car at all times when driving in Florida. If you get run over and fail to provide proof of insurance, you will be fined between $ 150 and $ 500 (depending on the number of offenses). and Your driver’s license, registration and license plate will be suspended for three years or until proof of your insurance.
$ 150 is an oddly tame slap on the wrist, but the real cost is in getting your license suspended. Trying to get auto insurance with a suspended license is extremely expensive. The state of Florida usually requires your supplier to submit an FR44 form confirming that a high risk driver is now covered by public insurance. And after versicherung.comInsurance costs for FR44 in Florida averages $ 3,780.
Although auto insurance in Florida is expensive, it is much cheaper than getting caught without it.
Florida is a no-fault insurance state
In the 1970s, small claims courts were stifled by drivers suing each other to cover their medical bills following an accident. To ease the burden on the courts and insurance companies, some states have implemented a no-fault system whereby insurance companies pay for injuries to their own policyholders regardless of who was to blame.
This is why Florida needs PIP (Personal Injury Protection) insurance. If you are hit, your own insurance will pay your medical bills up to $ 10,000.
No-bug is a controversial system as it can financially let offenders off the hook and go the victims pay out of pocket. In extreme cases, however You still have the right to sue.
Teen driving in Florida
If you’re a teenage driver or want to insure one, take a minute to familiarize yourself with them Florida’s extensive guidelines.
Similar to other neighboring states, Florida does not allow drivers under the age of 18 to be on the road between 1:00 a.m. and 5:00 a.m. If you get caught within those hours it could result in a quote or even a license suspension, leading to skyrocketing insurance premiums. So make sure to remember that Uber is a safer option early in the morning.
It’s a hard truth that auto insurance is pretty expensive for the average Floridian. However, the average Floridian doesn’t shop as much as you do. Getting quotes online from the providers on this list (and maybe a few more) can help you find the right combination of coverage, discounts, and features that can save you hundreds on your Florida car insurance.