There's no doubt that car insurance in Florida is expensive — the Insurance Information Institute (III) ranks Florida rates as the third-most expensive in the US. Typical Floridians will spend $1,356.90 each year on premiums, the institute found.
One factor that makes insurance premiums high in Florida: Florida has the second-most uninsured drivers in the US, with 23.8% of Florida residents driving without insurance, according to the Federal Insurance Office. This drives prices up for everyone.
Auto-insurance rates — the yearly price, also called a premium— that you see on your policy quote vary by person. There are many factors that affect your rates like: (1) driving history — tickets, accidents, DWI; (2) credit score; (3) age; and (4) whether you live in a large populated city or not.
The cheapest doesn't mean it is the best insurance for your needs. Technically, the cheapest insurance is most likely minimum coverage. However, is minimum coverage the best option for your needs? What good is cheap insurance if the customer service is lacking when you need to file a claim?
By doing your research, raising your credit score, and comparison shopping, you could save on your car insurance rates in Florida. No one company that will be the best for every Florida resident, and that's why it's so important to shop around and get multiple quotes before choosing a car-insurance policy.
Who gets the best cheap car insurance in Florida?
Those who get the best rates are generally those with excellent credit, and those who live in less trafficked areas.
The amount of coverage you choose will also influence the premium. Policies with greater coverage have bigger premiums, and the cheapest insurance policy isn't always the best. Cheaper policies tend to carry larger deductibles, or higher amounts that you'll pay out of pocket if you get into an accident. When you get your policy quote, look at the deductible, and the limits that come with each liability type. The best policy is usually the one with the highest limits and fits your budget.
Many personal factors influence prices. The car you drive, your driving record, age, gender, and even your marital and homeowner status can greatly affect premiums. Each company will price your premium differently based on these factors. Shop around and get insurance quotes from several companies to be sure you're getting the best price.
The most popular car insurance companies in Florida
The following are the top 10 most popular car insurance companies in Florida:
| Company | Market Share (%) |
| GEICO | 28.58 |
| Progressive | 20.24 |
| State Farm | 12.51 |
| Allstate | 8.36 |
| USAA | 6.23 |
| Kemper | 2.63 |
| National General | 2.45 |
| Liberty Mutual | 2.31 |
| Farmers Insurance | 1.8 |
| Travelers | 1.61 |
The above data was obtained from S&P Global Market Intelligence.
The best car insurance companies in Florida based on customer satisfaction
Customer satisfaction with car insurance providers may factor into your decision. According to a J.D. Power survey, these are the top six providers based on customer rankings:
- Allstate
- Esurance
- State Farm
- Florida Average
- GEICO
- Liberty Mutual
The best cheap car insurance in Florida based on credit score
Florida residents have lots of companies to choose from when it comes to cheap auto insurance. However, every company and every person will get different rates based on those factors we looked at above.
The Zebra compiled information about average premiums for Florida residents based on credit tier.
- Excellent (800-850): $1,581
- Very Good (740-799): $1,889
- Good (670-739): $2,307
- Fair (580-669): $2,836
- Poor (300-579): $3,470
Drivers with excellent credit (800-plus) will save on car insurance.
Here are the companies that offer the best cheap car insurance for drivers with excellent credit, and the premium for a single adult driver based on The Zebra data.
- USAA car insurance: $756 per year
- State Farm Mutual car insurance: $1,659 per year
- Hanover car insurance: $1,828
- GEICO car insurance: $1,838 per year
For those with very good credit (740-799, according to FICO), along with the average premium for a single adult driver.
- USAA car insurance: $866 per year
- State Farm Mutual car insurance: $1,811 per year
- Geico car insurance: $2,026 per year
- Allied car insurance: $2,047 per year
For those with good credit (670 to 739, according to FICO), along with the average premium for a single adult driver.
- USAA car insurance: $1,030 per year
- State Farm Mutual car insurance: $1,986 per year
- Allied car insurance: $2,192 per year
- Geico car insurance: $2,276 per year
Those with poor credit (300 to 579 according to FICO) will pay more for their car insurance.
Here are the best cheap car insurance options in Florida for drivers with poor credit, along with The Zebra data for a single adult.
- USAA car insurance: $2,887 per year
- State Farm Mutual car insurance: $3,027 per year
- GEICO car insurance:$3,831
- Allstate car insurance: $4,103 per year.
The best cheap car insurance in Florida if you have an accident or DUI
According to The Zebra, "After an accident, policyholders can expect an insurance premium increase of almost 50%."The Zebra said, "In Florida, a DUI will lift your annual car insurance premium by an average of $1,085." Data from The Zebra gives average rates in Florida with a DUI.
- State Farm Mutual car insurance: $1,830 per year
- Progressive car insurance: $3,613 per year
- GEICO car insurance: $3,632 per year
Florida car insurance rates by metro area
Below is the estimated average annual premium of auto insurance policies per household in Florida's metro areas.
| Metro Area | Average Annual Car Insurance Premium |
| Miami-Fort Lauderdale-Pompano Beach, FL | $1,388 |
| Tampa-St. Petersburg-Clearwater, FL | $,1371 |
| Orlando-Kissimmee-Sanford, FL | $1,400 |
| Jacksonville, FL | $1,408 |
| North Port-Sarasota-Bradenton, FL | $1,379 |
| Cape Coral-Fort Myers, FL | $1,363 |
| Lakeland-Winter Haven, FL | $1,333 |
| Deltona-Daytona Beach-Ormond Beach, FL | $1,322 |
| Palm Bay-Melbourne-Titusville, FL | $1,371 |
| Pensacola-Ferry Pass-Brent, FL | $1,373 |
| Port St. Lucie, FL | $1,329 |
| Tallahassee, FL | $1,363 |
| Naples-Marco Island, FL | $1,419 |
| Ocala, FL | $1,270 |
| Gainesville, FL | $1,306 |
| Crestview-Fort Walton Beach-Destin, FL | $1,410 |
| Punta Gorda, FL | $1,296 |
| Panama City, FL | $1,343 |
| Sebastian-Vero Beach, FL | $1,339 |
| Homosassa Springs, FL | $1,214 |
| The Villages, FL | $1,250 |
| Sebring-Avon Park, FL | $1,199 |
| Key West, FL | 1,429 |
| Palatka, FL | 1,259 |
| Lake City, FL | 1,283 |
| Okeechobee, FL | 1,242 |
| Clewiston, FL | 1,261 |
| Arcadia, FL | 1,219 |
| Wauchula, FL | 1,253 |
The above data was obtained from S&P Global Market Intelligence.