The cost of insuring a car in Florida is one of the highest in the nation, but that doesn’t mean individual consumers’ car insurance premiums need to be high. ValuePenguin conducted a study of auto insurance quotes in the Florida to arm drivers with information in their search for the best rates in the state.
We discovered that car insurance rates can range widely from company to company, even in the same city. For example, our study found that in Jacksonville, FL, one year’s premium at the most expensive company could have paid for almost seven years at the cheapest insurer. This is why to find the best rates, consumers have to shop around. Enter your zip code above now to start shopping for great auto insurance rates among top U.S. insurers in your area, or read more by jumping directly to each section in our study.
Which Companies Have the Best Auto Insurance Rates in Florida?
Cheapest Car Insurance Companies in Florida
To find the companies with the best rates in Florida, we reviewed quotes from some of the largest companies for our three policyholder scenarios as a benchmark: a family of four, a married senior couple, and a single 25 year old female across multiple counties.
So who has the cheapest auto insurance in Florida? Based on our rate analysis, the top three cheap car insurance companies in Florida are: the Florida Farm Bureau Insurance Company, United Service Automobile Association (USAA), and GEICO. Travelers and State Farm rounded out the top five most affordable companies in Florida. Your rates will differ depending on where you live, and your driving record, among other factors, and only comparison shopping will yield good rates. Start by entering your zip code below for a list of cheap insurers in your area to shop for rates.
Rank Auto Insurance Company Annual Premium
1 Florida Farm Bureau Insurance $381
2 USAA 600
3 GEICO 605
4 Travelers 640
5 State Farm 646
6 Auto-Owners 667
7 Safeco 809
8 MetLife 829
9 Bristol West 877
10 21st Century 976
11 Progressive 1,077
12 Esurance 1,123
13 Allstate 1,250
14 Direct General 1,336
15 Ocean Harbor / Pearl Holding Group 1,723
16 Infinity Auto 1,811
17 Windhaven Insurance 2,313
18 United Automobile 2,958
Auto Insurance in Florida: Minimum Coverage Requirements
We have included the minimum insurance coverage you are required to have on your car per the Florida Office of Insurance Regulation. Bodily injury and uninsured motorist coverage come standard and recommended with your policy by insurers, but they are rejectable. Florida’s minimum coverage limits are as follows :
Property Damage Liability (PDL): $10,000 per accident
Something to consider is that though you may meet the state’s minimum requirement, always consider opting in for a higher level of coverage. If you are in a particularly expensive accident, your minimum coverage may not be enough to fully cover the damages and you may have to incur out-of-pocket expenses. This applies whether you’re a college student at the University of Central Florida, a new family starting out in Tallahassee, or a retiree in the Sunshine State
Car Insurance Quotes Comparison
CarInsuranceQuotesComparison.com lets you compare car insurance rates from major insurance companies like Nationwide, AIG, NetQuote, Esurance, Progessive and AllState in one convenient place. Our custom software makes it easy to get quotes from the biggest names in car insurance without wasting time on hold, waiting for a customer service representative to answer your phone call. Now you can do it all from the comfort of your own home, through our insurance comparison site.
You’ll be sure to get the best price because we are always expanding our insurance company network, staying up to date with the latest pricing and the lowest rates. Start saving now by simply entering your zip code and clicking “GO.” You’ll get comparison quotes from all the major insurance providers in just minutes. Not only is it fast and easy, but you could save hundreds of dollars.
Why Get Multiple Car Insurance Quotes?
Everyone knows that the best way to save money is to stop around. Even if you already have a good deal on your car insurance, you never know how much you can save until you look. We make it painless to get quotes from reputable insurance companies that provide coverage where you live. Every insurance company has its own pricing structure, plus their rates can change from month to month. That makes it important to check back often and get the latest and cheapest car insurance quotes.
The Information You Need CarInsuranceQuotesComparison.com does more than help you find affordable car insurance. We are dedicated to providing you with all the information you need to make smart choices when it comes to car insurance. You’ll find informative articles, answers to your questions about auto insurance and more as we continue to update and expand the information we provide.
If you ever have a question about car insurance but don’t find the answer on our site, be sure to drop us an email [email protected] We’ll answer your questions in detail and make sure you have the information you need to make an informed choice.
How to Use This Site To get fast and easy quotes on car insurance, just enter your zip code in the big orange box and click, “GO.” We’ll guide you to a quick and easy quote. Have your birthday, social security number, car make and model as well as the type of coverage you’re looking for handy. Most of the online auto insurance companies will give you a quote within five minutes. Since you have your car and personal information at hand, it makes sense to get quotes from a few of the insurance companies that serve your zip code so you can get the best rate possible. We recommend getting no less than three quotes before going making a decision.
If you have questions about car insurance, look through our Car Insurance FAQ. We’ll answer common questions like, “Do I really need car insurance?” and “Can I get a quote any time of day? What are your hours?” If the question you have is not there, be sure to email us so we can add your question to the list.
Those who are moving and have concerns about insurance laws in another state can find information to help make the transition easier. You’ll find information about insurance regulations in each state, special rules you should know about and state laws related to driving a car. You’ll also find the best car insurance rates. Some areas have as many as 15 car insurance companies to choose from!
Getting the Cheapest Auto InsuranceThere are many factors that come into play for car insurance rates. If you’re just looking for a basic policy to cover your legal liability for an at-fault accident, you’ll get the best rates. The amount you pay will depend on many factors like the type of car you own, how old the car is and your driving record. Other important factors include where you live, how many miles you drive and how often.
If you need insurance to cover more than just the basics, you’ll still find the best rates at CarInsuranceQuotesComparison.com. Whether you want to add Collision, Theft or Injury coverage, you can be assured a good quote when you shop around.
Insuring Your Transportation Investment
Many of our partners even carry GAP insurance to cover the difference between the purchase price of a new or leased car and the actual cash value. Because new cars lose value as soon as you drive them away from the dealership, you could lose hundreds or even thousands of dollars if you have an accident. The standard car insurance policy only covers the cost to replace your car with a similarly depreciated one. The difference between the purchase price and the depreciated value could come out of your pocket if there is a total loss accident.
While you can get Gap insurance from the car dealership, the policies are often pricey, relying on consumer impulse to sell the insurance. That’s why getting a quote on GAP insurance from an auto insurance company is a smart move. While not all car insurance companies carry GAP insurance, companies like GMAC Insurance, AIG, and Nationwide do sell the coverage.
How to Choose the Right Car Insurance Company
Some of the insurance companies we partner with have very competitive rates. You may get two quotes within dollars of each other. When this happens, you’ll need to look into both companies to choose the one that has the best financial rating and offers the best customer service.You can check an insurance company’s financial stability through AM Best ratings. A good rating means you can be sure the company will still be around to pay a claim if an accident happens.Customer service is important to minimize billing problems and make sure any claims you file go smoothly. Check out what others have to say about the service they received from a company before you sign up.