The Best Car Insurance In Florida – Florida auto insurance is among the most expensive in the country, increasing the need to find the right insurance company even more. In this article, we’ll cover our top five picks for car insurance in Florida, many of which rank highly in our Best Car Insurance Review of 2021.
When choosing the best car insurance company for Florida drivers, our Home Media review team took into account coverage options, affordability, and financial strength. Most importantly, we also take into account customer experience throughout the bidding and claims process. You’ll want to compare quotes from some of the best insurance companies to find the rate and coverage that best suits your needs.
Best Car insurance in Florida
Below, we list our top picks for Florida car insurance as well as our rankings for each insurance company.
Highly rated J.D. The Power 2021 Florida Auto Insurance Study, Allstate is our top recommendation for Florida drivers and an excellent choice for those who value an excellent customer service experience. In the J.D. Power study, which took into account billing, claim processing, customer interaction, policy bids, and pricing, Allstate scored 846 out of a possible 1,000 points.
Allstate offers six standard types of car insurance in Florida addition to audio system coverage, roadside coverage, private awning policies, and rental reimbursement coverage. Car insurance companies also have ride-sharing insurance for policyholders who drive for Uber, Lyft, and other services. Since Florida’s tourism-packed cities are some of the most popular in the country for ride-sharing services, this optional coverage may be beneficial for many drivers.
The mobile application monitors and rewards safe driving habits. Allstate rewards drivers with a discount on their car insurance policy for every six months you spend on good driving behavior. While Allstate may not offer the cheapest car insurance in Florida, it does provide great value that many drivers believe is worth the cost.
Geico is one of the largest car insurance companies in the United States, which means that it enjoys great financial stability. AM Best gives insurance companies an A++ (Excellent) financial strength rating. Geico also owns some of the most expensive insurance companies in Florida.
In our industry review of top insurance companies, we chose Geico as our Editors’ Choice, and its outstanding reputation applies to Florida drivers. Besides standard car insurance coverage, Geico offers coverage for emergency roadside assistance and rent reimbursement. It is also the only car insurance company to offer mechanical failure (MBI) insurance, which acts as a vehicle warranty and covers parts malfunctions due to normal use.
What sets Geico apart from the competition is its wide range of discounts, which you can get from everything from being a good driver to being a federal employee. These price cuts are also relatively high, and some even save up to 26% of your premium.
State Farm is another great option for cheap car insurance in Florida. It is also an excellent option for student auto insurance coverage. State Farm has a safe driving program called Steer Clear® for drivers under 25. The program includes courses, tutoring, and hours of hands-on driving to help student drivers get great automatic discounts.
Drivers can also save money by taking advantage of the Drive Safe & SaveTM program. This usage-based program monitors driving behavior and rewards customers for safe driving with discounts of up to 30%. Given Florida’s reputation for unsafe roads, this program can help users improve good driving habits while also obtaining discounted car insurance.
State Farm is the largest auto insurance provider in the country and is backed by AM Best’s A++ financial strength rating. However, insurance companies receive mixed reviews of customer service. According to NAIC, State Farm accounts for 3.09% of customer complaints in the market.
USAA is an excellent choice for car insurance in Florida, as long as you meet the membership requirements. Auto insurance providers are known for their affordable costs, excellent service, and comprehensive coverage options. However, it can only be used by military personnel and their family members. If you qualify for USAA car insurance, we recommend getting a free quote.
in J.D. Strength 2021 US Auto Insurance Study, USA, has the highest scores of any Florida provider, but is not officially rated due to its eligibility requirements. Car insurance companies do not have many physical locations, which may be a disadvantage for some drivers.
As mentioned, Florida is not known for safe driving conditions. The odds of a car accident are much higher in Florida than in any other state. For this reason, USAA’s accident amnesty plan may appeal to many drivers in the Sunshine State. If you remain accident-free for five years, your next accident will not increase your car insurance premium.
Progressive is our latest pick for the best car insurance in Florida. If you’re a high-risk driver such as a driver under 25, a veteran driver, or someone with a DUI/DWI on your driving record, Progressive is one of the few insurance companies that can still offer low-cost car insurance rates. With nearly 30% of Florida’s population aged 16-24 or over 65, progressive may be the best option for many Florida residents.
Progressive offers many additional car insurance coverages, including rental car reimbursement, trip share coverage, roadside assistance, and specialized parts coverage. Drivers can also add loan or lease payments, which are more commonly referred to as “gap coverage.” This includes the difference between the remainder of the car loan and the actual value of the car in the event of a total loss.
In the JD Power Auto Insurance Study, Progressive scored just below the regional average. In general, insurance companies have mixed reviews of customer service, but they offer excellent financial stability. It gives AM Best Progressive an A+ financial rating.
What is the average cost ?
Car insurance in Florida is expensive, in large part due to the busy road conditions and the high number of car accidents. According to the National Association of Insurance Commissioners (NAIC), Florida was the fourth most expensive state to buy auto insurance in 2018. Florida drivers paid an average of $1,426.46 that year, while the national annual average was $1,056.55. These numbers include minimum coverage and full coverage policies.
To give you a better understanding of what you might be paying for car insurance, below we’ve broken down the average breakdown of NAIC rates for different types of car insurance in Florida:
- Liability coverage: $1,009.94
- Collision coverage: $361.79
- Comprehensive coverage: $149.26
Please note that there are several factors that affect the cost of car insurance premiums, including:
- Driving history
- Balance level
- Marital Status
- Vehicle type and mileage
- Previous Claim
- Previous car insurance policy
The table below lists the estimated average full coverage insurance costs for many drivers in Florida. Full coverage includes personal injury protection as well as liability, collision and comprehensive coverage.
Our price estimates show that Geico is the cheapest option for comprehensive car insurance in Florida with a $1,565 annual premium. State Farm and Progressive offer affordable coverage to Florida drivers.
Florida car insurance requirements
Florida is a no-fault state, which means Florida drivers must file a claim with their insurance company for injuries following an accident, regardless of who is at fault. For this reason, Florida does not require bodily injury liability insurance, which is intended to cover the medical expenses of the other party if you cause an accident. Instead, it only requires personal injury protection, which includes your medical bills, and property damage liability.
The minimum auto insurance requirements in Florida are as follows:
- $10,000 for Personal Injury Protection (PIP)
- $10,000 Property Damage Liability (PDL)
PIP covers medical bills, lost wages, and death benefits for you and your passengers, regardless of accidental fault. The PDL pays for the other vehicle involved in the collision if you are at fault.
We always recommend carrying more car insurance in Florida than the minimum coverage in the state. While the premiums can be stressful, getting full coverage can save you money in the long run. Comprehensive view of collision and coverage, plus coverage for uninsured drivers.