Cheapest Car Insurance in Florida for 2024

Florida car insurance rates are expensive compared to the national average, so it only makes sense that drivers are out to find the best rate. We researched the most popular insurers within the state to find out which offers the cheapest car insurance in Florida for a variety of driver profiles.

Read on to learn more about our picks for cheapest auto insurance in Florida, but keep in mind that the cheapest insurers may not always have the best customer service or the most flexible policies.

• Cheapest overall: Geico
• Cheapest with a clean driving record: Geico
• Cheapest for teens: Geico
• Cheapest for seniors: Geico
• Cheapest for military members: Geico
• Cheapest for minimum coverage: Geico
• Cheapest with DUI: State Farm
• Cheapest with excellent credit: State Farm
• Cheapest with poor credit: Geico
• Cheapest for commuting: Geico
• Cheapest with prior accident: Geico
• Cheapest with a speeding ticket: State Farm

How we chose the cheapest car insurance in Florida

The data found on this page is insurance rate data from Quadrant Information Services. These rates were publicly sourced from the top ten (10) to fifteen (15) carrier markets, within each state, based on annual written premium and should be used for comparative purposes only -- your own quotes may be different.

Cheapest car insurance in Florida overall: Geico

The average annual car insurance premium in Florida is $3,766. But there are plenty of companies that offer more affordable rates. Here are the five insurers that offer the cheapest average rates in Florida:

Check out our full list of best car insurance companies in Florida.

Cheapest car insurance in Florida with a clean driving record: Geico

Drivers with clean records pay about $2,976 for Florida car insurance each year. This is well below the state average. But there are even lower rates to be had for drivers who choose the following auto insurers:

Cheapest car insurance in Florida for teens: Geico

Teen drivers face the highest average annual car insurance premiums in Florida, at $8,593. This is due to their lack of experience behind the wheel and their increased risk of accidents. The following companies offer the lowest rates to teen drivers in the state:

Cheapest car insurance in Florida for seniors: Geico

Seniors pay some of the most affordable auto insurance rates in Florida with the average 65-year-old driver spending just $2,699 per year. These five companies offer even lower rates to senior drivers:

Cheapest car insurance in Florida for military members: Geico

Those in the military pay about $2,924 per year for Florida auto insurance. Military discounts can help these drivers keep costs down, but so can working with the following insurers:

Cheapest car insurance in Florida for minimum coverage: Geico

The average cost of minimum coverage in Florida is $1,339 per year. This is quite a bit higher than the national average for minimum coverage, even though Florida's minimum requirements are actually low compared to the rest of the nation. These five companies offer the cheapest rates on state minimum insurance coverage:

Cheapest car insurance in Florida with a DUI: State Farm

Drivers with DUIs face above-average Florida auto insurance premiums. They pay about $4,363 per year typically. But it's possible to score a lower rate by working with one of these companies:

Cheapest car insurance in Florida with excellent credit: State Farm

Excellent credit reduces the average Florida auto insurance premium to $2,916 per year. And average rates are even lower with the following five companies:

Cheapest car insurance in Florida with poor credit: Geico

Poor credit raises insurance rates because it's seen as an indicator of a high-risk lifestyle. These drivers pay about $4,616 per year for Florida auto insurance. However, the following five insurers will cover them at a lower cost:

Cheapest car insurance in Florida for commuting: Geico

Commuting drivers pay about the state average of $3,766 per year for Florida auto insurance. Here's a closer look at which companies offer the most affordable rates in this category:

Cheapest car insurance in Florida with prior accident: Geico

A single prior accident raises the average Florida auto insurance premium to $4,273 per year. However, not all companies penalize drivers for accidents equally. The following five companies still offer pretty reasonable rates:

Cheapest car insurance in Florida with a speeding ticket: State Farm

Speeding tickets also hurt Florida car insurance rates, bumping them to $3,748 per year. But like accidents, not all insurers penalize drivers harshly for these infractions. These five companies offer the cheapest rates to drivers with one speeding ticket:

Florida auto insurance costs versus the national average

Florida auto insurance premiums are above the national average in just about every category. However, an individual driver's rates could be lower. It depends on several factors, including the driver's accident history, their vehicle make and model, their location within the state, and more.

Here's a closer look at how the state's average annual auto insurance premiums stack up to the nation's as a whole.

Car insurance discounts available in Florida

Florida drivers may be able to save on their premiums with the following car insurance discounts:

• Advance Purchase
• Airbags
• Anti-Lock Brakes
• Anti-Theft Systems
• Auto Pay
• Driver Training Course
• E-Payment
• Good Driver
• Good Student
• Homeownership
• Low Mileage
• Loyalty
• Military
• Multi-Car
• Multi-Policy
• New Vehicle
• Occupational
• Online Quote
• Paperless Billing
• Pay in Full
• Student Away at School
• Usage-Based Programs
• Vehicle Safety

Minimum auto insurance requirements in Florida

All Florida drivers must have at least the following auto insurance:

• $10,000 of personal injury protection (PIP)
• $10,000 of property damage liability coverage

These coverage limits are pretty low compared to the rest of the country. They may not be enough to protect drivers in the event of a serious accident, so many prefer to purchase higher coverage limits if they can afford to do so.

Our auto insurance methodology

Our insurance products are then rated on a scale of one to five stars, primarily focusing on:

Pricing

With so many options for insurance across the board these days, it's easiest, and quite effective, to first look at the bottom line. Do single out competitive prices across insurance categories it's important to focus on:

• Deductibles
• Terms
• Coverage
• The fine print

Discounts

Insurance provides coverage for unexpected financial burdens and piece of mind. But it's important to check your policies and see how you can lower your premium. Insurance companies offer discounts for all sorts of things now from safe driving to good grades to automatic bill pay. Pay attention to:

• Discounts offered
• Variety of discounts
• Discount qualifications

Perks/Benefits

The benefits of insurance these days have gone far beyond just what your policy covers. Most companies and policies come with perks -- some of which may be completely unrelated to your insurance policy. Take a look at:

• Non-pricing related perks offered
• Benefits unrelated to your coverage
• Perks that stand out in the industry
• Will you actually use the benefit?

Customer Service/Claims Process

Policy research and coverage options are great, but how is the process when you have to actually use your insurance policy? The best coverage doesn't hold much value if it's a hassle to get paid out. Pay special attention to:

• How hard it is to file a claim
• If your provider has a history of resisting payouts
• The customer satisfaction scores for your provider