AutoInsurance.com
January 18, 2023

Average Cost of Car Insurance in Florida

How much is car insurance in the Sunshine State?

Florida is known as a car state. With a lack of public transportation and a plethora of intrastate highways, the state is infamous for its traffic and aggressive driving. Florida is also a no-fault insurance state, which affects the cost of car insurance. Unfortunately for Florida drivers, the state also has some of the highest car insurance costs in the nation on average.

Of course, how much you’ll pay depends on many factors, including your age, ZIP code, gender and credit score. Here’s a breakdown of what you can expect in the Sunshine State.

Florida Car Insurance Rates on Average

Across all demographics, the average cost of car insurance in the state of Florida is $2,283 a year, which breaks down to $190 a month, assuming you opt for full coverage car insurance.

That’s a pretty steep cost, so you may be wondering if you need car insurance to register a car in Florida. The answer is yes; you’ll need to prove minimum coverage, which we explain in more detail below. But first, let’s break down the average insurance cost in Florida for different demographics.

By Age

Teen drivers face the highest costs for car insurance across every state. The average teenager in Florida pays $5,166 annually for car insurance, compared to an average of $2,384 for those in their 20s and older. Meanwhile, senior drivers in Florida, have rates lower than the state average, one of many reasons why this state is so popular with retirees.

Age Average annual cost of car insurance
16 $5,560
17 $5,272
18 $5,838
19 $3,993
20s $3,258
30s $2,263
40s $2,242
50s $2,061
60s $2,101
70s $2,380

By Gender

Men pay more for car insurance in most states, which is why it’s a surprise that the data indicates women pay more in Florida on average — but only by a margin of 1 percent.

Gender Average annual cost of car insurance
Male $2,276
Female $2,306

By Marital Status

Are you married? Aside from enjoying all of the gifts from your wedding registry, you can enjoy slightly lower car insurance rates compared to those who are single, divorced or widowed.

Marital status Average annual cost of car insurance
Single $1,804
Married $1,723
Divorced $1,804
Widowed $1,762

By Coverage Level

It makes sense that the more car insurance you have, the more it’ll cost. Because the minimum car insurance requirements in Florida are so small comparatively, you can get away with paying only $973 a year on average.

Coverage level Average annual cost of car insurance
Minimum $973
Full $2,086

By Credit Score

Unfortunately for those with bad credit, Florida is not one of the states where car insurance companies ignore credit scores when determining premiums. Expect to pay a lot more if you have poor credit as it’s been statistically proven that people with poor credit scores tend to have more car insurance claims.

Credit score Average annual cost of car insurance
Poor $4,218
Average $2,869
Good $2,390
Excellent $1,899

By Driving History

In the same vein, expect higher costs if you’ve had a speeding ticket, at-fault accident or DUI.

Driving history Average annual cost of car insurance
Clean driving record $2,485
Speeding ticket $2,868
Accident $3,189
DUI $3,653

By Company

Just like the cost of cars varies by manufacturer, the price of insurance varies by provider. If you’re a military member, veteran or spouse of either, you can pay the lowest average rates in Florida with the insurance company USAA, which caters only to the military and veterans.

Company Average annual cost of car insurance
Allied $2,365
Allstate $2,541
GEICO $1,720
Mercury $2,720
MetLife $2,014
Progressive $2,857
State Farm $1,961
Travelers $2,335
USAA $940

Cheap Car Insurance Cost in Florida

Do you want cheap car insurance in Florida? These companies have the lowest rates for different demographics.

Demographic Cheapest company Annual rate
Male Dairyland $1,032
Female Dairyland $1,128
Male teens State Farm $2,202
Female teens State Farm $2,019
Married Assurance America $972
Single Dairyland $1,092
Military USAA $406
Veteran USAA $406
Full coverage USAA $940
Minimum coverage USAA $406
Excellent credit USAA $756
Good credit USAA $1,030
Bad credit Liberty Mutual $564
16 years old GEICO $2,965
17 years old GEICO $2,965
18 years old GEICO $2,776
19 years old GEICO $2,457
20s GEICO $1,274
30s GEICO $766
40s GEICO $704
50s GEICO $674
60s GEICO $640
70s GEICO $1,259
80s and above GEICO $1,740

How to Save on Car Insurance in Florida

Aside from the usual ways of lowering auto insurance costs, such as raising your deductible, reducing your limits, getting discounts and dropping coverages), there’s a specific discount for seniors in Florida that you need to be aware of.

Direct Auto offers reduced-cost car insurance for those over the age of 55 who have obtained certificates of completion for a Motor Vehicle Accident Prevention Course.1 You can save up to 5 percent on coverages, such as:

CheckNote:

Be sure to keep your certificate of completion, or a copy, to prove that you’ve completed the required course, which involves getting both behind the wheel and in a classroom.

Minimum Car Insurance in Florida

Florida’s minimum coverage for car insurance is made up of only two components:

  • $10,000 limit per accident in property damage coverage
  • $10,000 in personal injury protection (PIP) limit per person and per accident2

This coverage is extremely small compared to other states, but we recommend getting full coverage to pay for any property damage from collisions and other events.

No-Fault Law in Florida

Florida is a no-fault state, which means that regardless of who caused a car accident, each person is responsible for their own medical costs under PIP. The responsible party is still liable for the other party’s property damages, as well as their own property damages. Along with medical costs, PIP also covers lost wages and other economic damages, unlike the medical payments coverage of at-fault states.

FR-44s

Rather than the more common SR-22 forms, Florida has FR-44s: forms required for those convicted of DUIs for three years after their licenses are reinstated. To be able to drive again, DUI convicts must use the form to prove they have more than the minimum insurance coverage, which includes:

  • Bodily injury: $100,000 per person and $300,000 per accident
  • Property damage: $50,000 per accident

CheckTip:

If you’re having trouble finding an insurance company that will take you on as a driver with an FR-44 requirement, you can use the Florida Automobile Joint Underwriting Association (FAJUA) as a last resort. Find a provider here.3

Conclusion

Although Florida has high car insurance costs on average, you can save money by maintaining a good driving record, keeping up your credit score and comparing quotes from different insurance companies.

Never accept a first offer. Always shop the market as companies give different discounts for different qualifications and be sure to compare rates “apples to apples” with the same amounts for bodily injury liability per person or per accident, property damage liability per accident and more. The cheapest car insurance for you may be different from your neighbor, so it’s worth a bit of legwork.

Methodology

With more than 20 years of experience connecting people to top car insurance providers, AutoInsurance.com has amassed a database of proprietary data surrounding auto insurance customers and the insurance providers they have found success with. We use this data, along with state-specific data regarding minimum coverage requirements, fault systems and SR-22s/FR-44s, to give you an overview of what you can expect to pay for car insurance in any given state.

Frequently Asked Questions

Why is car insurance in Florida so expensive?

Car insurance in Florida is so expensive for many reasons, including the following.

  • In 2020, Florida had the largest number of hurricanes of any state, with 37 major hurricanes and 120 hurricanes total, according to the National Oceanic and Atmospheric Administration. If hurricanes damage or total cars, car insurance companies are forced to pay for replacements or repairs under comprehensive coverage. They charge more for insurance because of this.
  • Florida is a no-fault state and no-fault states have higher car insurance costs on average.
  • There are a high number of fraudulent insurance claims in Florida as people take advantage of PIP benefits.
  • There is a high rate of car-related lawsuits in Florida and no monetary threshold or minimum dollar amount that you can sue for, so insurance companies are forced to pay lawyer’s fees, driving up the cost of insurance for customers.

Does Florida have high auto insurance rates?

Yes, Florida has high auto insurance rates. In 2019, the last time the National Association of Insurance Commissioners published national data, Florida had the fifth-highest car insurance costs in the country, with rates nearly a quarter more than the national average.

How much is first-time car insurance in Florida?

On average, first-time car insurance in Florida costs $1,450 annually, although it can range anywhere from $823 to $2,006.

What are good auto insurance coverage amounts in Florida?

Good auto insurance coverage amounts in Florida are as follows.

  • Bodily injury liability: $100,000 per person, $300,000 per accident
  • Property damage liability: $100,000 per accident
  • Uninsured/underinsured motorist coverage: Same as liability limits
  • Collision: Car’s actual cash value
  • Comprehensive: Car’s actual cash value

Citations

  1. Senior Citizen Discount. Direct Auto Insurance. (2023).
    https://www.directauto.com/why-direct/get-discounts/senior-citizen-discount

  2. Florida Insurance Requirements. Florida Highway Safety and Motor Vehicles. (2023).
    https://www.flhsmv.gov/insurance/

  3. High Risk Automobile Insurance Providers. Florida Automobile Joint Underwriting Association. (2023).
    https://fajua.org/