Best Car Insurance in Florida for 2023

Between the sandy beaches and a relatively low cost of living, Florida residents might think they have it made. Unfortunately, the low prices don’t extend to auto insurance rates, where the average cost for full coverage is $2,683.

Check out our roundup of the best car insurance in Florida so you don’t wind up paying more than you have to.

Key takeaways

• The best car insurance in Florida is USAA, which costs an average of $940 a year for comprehensive coverage.
• In Florida, drivers with good credit pay an average of $2,973 per year for full coverage.
  
• Residents of Miami are likely to pay $3,619 a year for full coverage insurance.

Best car insurance companies in Florida

Finding reasonably priced car insurance that provides the coverage you need can be difficult, especially in Florida, where insurance costs are $940, compared to the national average of $1,582.

Insurance carrier USAA had the lowest annual full and minimum liability coverage of $940 and $406 respectively. USAA also earned the top customer satisfaction rating compared to other carriers in Florida.

Provider	J.D. Power customer satisfaction rating	Estimated annual full coverage	Estimated annual minimum liability coverage
USAA	858/1,000	$940/year	$406/year
State Farm	833/1,000	$1,821/year	$1,085/year
Allstate	821/1,000	$2,527/year	$1,034/year
GEICO	812/1,000	$1,445/year	$590/year
Progressive	801/1,000	$2,760/year	$1,564/year
Travelers	798/1,000	$2,439/year	$1,120/year

USAA: Highest customer satisfaction

USAA offers multiple coverage options, including liability, comprehensive, collision, and uninsured/underinsured motorist, and often has low prices, especially compared to other Florida insurance companies. While its policies are only available to current military, veterans, or military family members, USAA is consistently on the list of high-rated customer satisfaction insurance companies.

Get a quote now | USAA review

State Farm: Best for new drivers

The average 18-year-old (or their parents) in Florida will pay a whopping $6,945 a year for car insurance. While State Farm was only the third cheapest option on our list of best car insurance providers, it offers specific policies and discounts totaling as much as 25% for new drivers.

Get a quote now | State Farm review

Allstate: Best for lowest deductible

While Allstate is not the only company that offers a vanishing deductible, it is the lowest-priced option. Participants can earn $100 a year off their deductible every year they don’t have an accident, up to $500. However, Allstate is also one of the more expensive carriers in Florida, so weigh your options carefully.

Get a quote now | Allstate review

GEICO: Most affordable coverage

Although USAA has the most affordable coverage in Florida, it is only available to some. GEICO was the second lowest option, with Florida residents paying an average of $1,445 a year for full coverage and $590 annually for minimum liability. GEICO also scores reasonably well in customer satisfaction, earning 812 out of 1,000.

Get a quote now | GEICO review

Travelers: Best for bundling discounts

While you may pay an average of $2,439 annually for full coverage insurance with Travelers, those who bundle policies, like a home and auto policy, can save up to 13% on their costs. If you have more than one vehicle insured through Travelers, you may also be eligible for additional discounts.

Get a quote now | Travelers review

Florida auto insurance requirements

Florida requires that drivers maintain a minimum amount of coverage to drive legally.

Any vehicle with a current Florida registration must have a minimum of:

• $10,000 in personal injury protection (PIP)
• $10,000 in property damage liability (PDL)

Florida will also accept a self-insured certificate, which you can obtain through the DMV with a notarized financial statement showing a net worth of at least $40,000 unencumbered by debt.

How to choose a car insurance provider in Florida

If you’re looking for a new insurance provider, consider the following:

• Compare quotes: Request quotes from multiple insurance carriers and ensure all companies quote similar coverage types and amounts. Comparing quotes may be tedious, but it can save you money.
• Read reviews: Pay attention to online reviews and ask for recommendations from people you know. Check with the Florida Office of Insurance Regulation about the number of customer complaints a company recently received and for any red flags.
• Look for financial stability: Before you sign up, research a company’s track record for paying claims. Look for ratings on websites like A.M. Best or Standard & Poor’s to check the company’s financial stability.

How much does car insurance cost in Florida?

The average cost of car insurance in Florida is $2,683 per year, and the state minimum coverage averages about $1,042 annually.

Car insurance prices can vary widely based on where you live. For example, drivers in Tampa pay $3,521 annually for full coverage, while residents of Cape Coral only spend an average of $2,290 a year.

Florida car insurance rates by city

While the national average cost of car insurance is $1,582, Florida residents pay an average of $2,683. However, in several Florida cities, you may pay much more than that.

Those living in Tampa, West Palm Beach, and Miami spend between $3,521 and $3,619 a year on auto insurance.

City	Avg. annual full-coverage premium
Miami	$3,619/year
West Palm Beach	$3,613/year
Tampa	$3,521/year
Ft. Lauderdale	$3,257/year
Orlando	$2,808/year
Cape Coral	$2,290/year

Methodology

FAQs about car insurance costs in Florida