Florida only requires two types of coverage: personal injury protection and property damage.
Despite Florida’s relatively minimal requirements for car insurance coverages, the cost to insure a car in the state is the second highest in the U.S. Florida residents on average spend $1,414.17 per year on car insurance, 24 percent more than the national average.
On this page, we’ll show you how much car insurance you need to satisfy the state’s financial responsibility laws, as well as some ways to save on insurance rates.
Florida requires the following auto insurance coverage and limits.
Florida is one of the few states that does not require bodily injury coverage, along with New Jersey, New Hampshire, and Virginia. Normally, property damage and bodily injury coverage make up liability coverage, but this isn’t the case in the Sunshine State.
The minimum coverage required in Florida isn’t enough because it does not necessarily cover the full value of your car. We recommend at least $500,000 worth of property damage and PIP coverage. We also recommend adding collision and comprehensive coverage equal to your car’s actual market value. Otherwise, you’ll have to pay for your damages out of pocket in at-fault accidents or incidents other than collisions, like car theft.
You should also get uninsured/underinsured motorist coverage equal to your PIP in case you get into an accident with someone who doesn’t have enough insurance or any at all. More on the state of uninsured motorists in Florida is below.
If you can’t afford the limits we recommend, get as much insurance as you can afford to pay for in premiums.
As we said, the cost of car insurance in Florida is high, an average of $1,414.17 per year in 2019. Here is the breakdown:
Florida ranks second in the nation when it comes to the cost of car insurance, after Louisiana, with the most recent national data from 20191. That being said, this is only an average; you can pay anywhere from $842 to $5,983.52 annually.
One way to save money on car insurance is to take advantage of car insurance discounts. In Florida, you can get discounts for the following:
Each company offers different discounts, so ask your agent or broker how you can save.
Here is the best cheap car insurance in Florida:
If you’re ready to take the plunge, here’s how to get car insurance in Florida:
Aside from the required coverages, here are a few other types of coverage that you should consider when shopping for car insurance in Florida.
Learn even more about the car insurance laws in Florida.
Florida’s financial responsibility laws dictate that all drivers must pay $10,000 if they cause a death or injury to one person in a crash, or $20,000 for accidents with two or more people. You can fulfill this through a regular insurance policy or self-insurance, which we detail below2.
Florida is a no-fault state, which means that in a car accident, each party pays for their own medical costs, child care, and lost wages through personal injury protection. But like liability states, no fault still means that the at-fault driver will pay for the other driver’s property damage.
If you are a non-resident, you’ll have to get a Florida insurance policy, license plate, and registration under the following circumstances:
In any of these cases, you’ll need to begin your registration 10 days after your employment or enrollment begins. Also, get a new title from Florida, unless your lienholder or lessor refuses to release your out-of-state title.
For those leaving the Sunshine State, make sure not to cancel your Florida insurance before you’ve registered your vehicle in your new state and surrendered your plates and registration to a Florida DMV or tax collector’s office. You don’t want to get caught driving without insurance, which brings us to our next point.
If you get caught violating Florida’s financial responsibility laws and driving without insurance, you could face penalties based on the number of offenses.
While Florida does not have the more common proof of financial responsibility, an SR-22, it does have an FR-44, which indicates proof of insurance higher than the minimum coverage. If you’ve gotten a DUI conviction, you’ll need to carry an FR-44 for three years after your license is reinstated, providing proof of the following coverages.
But before you get physical damage coverage, you’ll need to get a CARCO inspection to make sure your car is in good physical condition. When you visit a CARCO location, an inspector will examine and take photos of your vehicle, filling out a form and submitting it to your insurer. An inspection is free and takes about 15 minutes4.
Like every state except Michigan, Florida is a diminished value state. That means that if you get into an accident that isn’t your fault, you might be able to claim your car’s diminished value from your insurance company. Whenever your car sustains damage and requires repairs, it loses a certain amount of value, so you won’t be able to sell it for as much as you otherwise could have. In other words, you could be entitled to receive that amount back to compensate for what the no-fault accident will “cost” you when you sell your car.
If you have an older car that has been improved with new parts, you may receive more for it than when it was worth when you bought it — a negative diminished value.
In Florida, there is no monetary threshold for personal injury claims. However, there is a serious injury threshold; you can sue only if you have a permanent injury or significant and permanent disfigurement or scarring.
If you have an unencumbered net worth of at least $40,000 for one vehicle and $20,000 for each subsequent vehicle, plus $85,000 for liability insurance and uninsured motorist coverage, then you can self-insure in the state of Florida. However, most people don’t fit these criteria, so regular car insurance companies will be your only option.
Florida has many driving laws specifically for teens, such as the following.
See below for more driving restrictions and requirements for young drivers in Florida.
|Type of license||Learner’s license||16-year-old driver’s license||17-year-old driver’s license|
|Hours you can drive||First 3 months after license is issued: Daylight hours
After the 3 months are over: Until 10 p.m.
|6:01 a.m. to 10:59 p.m.||5:01 a.m. to 12:59 p.m.|
|Who must accompany you in the car||Licensed driver 21 or older||Licensed driver 21 or older, unless you’re driving to or from work||Licensed driver 21 or older, unless you’re driving to or from work|
|How long you have to hold license||Minimum of 1 year or until 18th birthday, whichever comes first||N/A||N/A|
|Other requirements||50 hours of supervised driving, including 10 hours of nighttime driving||N/A||N/A|
Insurance companies in Florida can legally take credit scores and gender into account when determining rates. Unfortunately, this means that people with poor credit and men pay more for car insurance, all else being equal.
If a company wants to cancel your insurance policy midterm, they have 45 days to notify you before the policy expires, or 10 days if they are canceling due to nonpayment. For non-renewals at the end of your policy, the company has 45 days to alert you before the expiration date6.
In Florida, a car with repair costs of 80 percent or more of their actual market value will be considered a total loss. If you have collision or comprehensive coverage, you’ll get reimbursed for your car’s actual market value, as it’s not worth repairing.
First and foremost, you’ll need car insurance to register a car in Florida. Here is some more information you should know.
To register your car the first time, you’ll need the following:
You can renew your registration for one to two years up to three years before it expires, either online or in the mobile app.
If you let your car registration expire, you’ll be responsible for delinquent fees.
|License tax||Delinquent fee|
|Up to $25||$5|
|$600.01 and higher||$250|
Although uninsured motorist coverage isn’t a requirement in Florida, car insurance companies must offer it to you to satisfy the law.
In Florida, a whopping 20 percent of drivers are uninsured. In other words, it’s estimated that in Florida, 1 in 5 drivers — about 3.17 million people — are uninsured. Florida ranks sixth in the nation for the highest percentage of uninsured drivers; its rate is 39 percent higher than the national average of 12 percent7.
It’s no secret that driving in Florida is expensive and dangerous, with many uninsured drivers lurking. That’s why it’s important to get full coverage car insurance, not just the minimum the state requires. Paying more in premiums now means paying less later if you’re involved in an accident.
2018/2019 Auto Insurance Database Report. NAIC. (2022).
The 2021 Florida Statutes. Online Sunshine. (2022).
DUI Frequently Asked Questions. FLHSMV. (2022).
Get Your Car Inspected: Find an Inspection Site. Carco. (2022).
Seat Belts. GHSA. (2022). https://www.ghsa.org/state-laws/issues/Seat%20Belts?state=Florida
2017 Florida Statutes. The Florida Senate. (2022). https://www.flsenate.gov/laws/statutes/2017/627.728
One in Eight Drivers Uninsured. Internet Research Council. (2022). https://www.insurance-research.org/sites/default/files/downloads/UM%20NR%20032221.pdf