Average Car Insurance Cost in Florida (2022 Rates)

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If you are looking for auto insurance in Florida, knowing how much it will cost is a promising idea. The average premium for car insurance in Florida is $2,560 per year or $213 per month. While the national average is $1,682. There is a difference of $878 more between the national average and the state average.

If you live here, you know that already. But do you know why? There are a range of factors that affect car insurance rates. A few of them are –age group, gender, driving history, credit score, and location where you live.

Apart from the factors which affect auto insurance rates, this guide also talks about the average rate of full coverage in state, companies offering cheap monthly premiums for car insurance, average car insurance rates by cities in Florida, and car insurance rates by age group.

Shop around and compare quotes to save money on your auto insurance. Keep reading the guide to make sure the insurance policy does not cost you more than your requirements.

Summary of average car insurance cost in Florida
Average annual cost $2,560	Average per month cost $213	Average cost for state minimum coverage $908 / Year
Cheapest car insurance company Geico ($1,554/ Year)	Average cost for young drivers $4,043 / Year	Average cost for Senior drivers $2,587 / Year

Key Takeaways

The average car insurance cost in Florida is $2,560 per year, based on Insure.com’s analysis.
In Florida, the average premium for car insurance is $213 per month.
Geico has the cheapest car insurance rates in Florida, at an average annual rate of $1,554 a year.

Average car insurance cost in Florida per month

In Florida, the average premium for car insurance is $213 per month.

The price for the same coverage may differ between companies, which is true of every auto insurance company. When looking for car insurance rates in Florida, it is a promising idea to get quotes from many firms.

As per the rate analysis conducted by Insure.com, the company which offers cheapest car insurance premiums in Florida is Geico. The average annual cost is $1,554 while the average cost per month is $130. The second-best option available is, State Farm, offering insurance at an average per month cost of $148.

The table below lists the other available car insurance companies which offer car insurance in Florida, along with their average cost per month and average annual cost.

Company name	Average per month cost	Average annual cost
Geico	$130	$1,554
State Farm	$148	$1,776
Travelers	$178	$2,140
Nationwide	$180	$2,156
Mercury Insurance	$219	$2,627
Allstate	$230	$2,757
Progressive	$244	$2,926
National General Insurance	$264	$3,166
Farmers Insurance	$271	$3,248

Read our guide to best car insurance companies of 2022

Average cost of car insurance by coverage levels in Florida

The amount of coverage you purchase has an impact on how much car insurance costs in Florida. Your premium is determined by your liability limits, as well as whether you want comprehensive and collision coverage.

Liability only insurance protects a third party’s property damage and personal injuries in the event of an accident. In the case of a collision, having only liability coverage on your auto insurance would not cover your injuries or personal property damage since you are the driver responsible for the accident. If your coverage limit is 50/100/50 Liability only, the average cost per year in Florida is $1,586.

When you add more coverage to your policy, your insurance premium increases. As the insurance provider will have to compensate you if you are in an accident or suffer damage in any other manner. Hence, the average cost of full coverage car insurance in Florida is $2,560 per year.

For someone who does not own the car, but frequently rents a car, non-owner state minimum liability coverage is best suited. It is like liability-only coverage and covers for property damage and bodily injury caused to another driver. In Florida, the average annual cost for non-owner state minimum liability only is $759.

And for those who wish to save money on car insurance premiums can opt to have only the state minimum liability coverage, to be able to legally drive in the state. The state minimum liability only coverage costs $908 per year in Florida.

Coverage limits	Average annual cost
50/100/50 Liability Only	$1,586
100/300/100 Liability with $500 Comp/Coll Deductible	$2,560
Non-Owner State Minimum Liability Only	$759
State Minimum Liability Only	$908

Average car insurance cost in Florida by City

Your car insurance premium is determined by a variety of factors, including your state, city, and even ZIP code. The incidence of accidents and the likeliness of vehicle theft or vandalism can influence the overall cost of a city or ZIP code.

The table below depicts the top popular cities in Florida:

City	Average annual cost
Jacksonville	$2,529
Miami	$3,504
Tampa	$3,362
Orlando	$2,603
St. Petersburg	$2,937
Hialeah	$3,559
Port St. Lucie	$2,434
Tallahassee	$2,137
Cape Coral	$2,223
Fort Lauderdale	$3,129

Auto insurance premiums vary significantly from city to city, so drivers need to be sure they’re getting the best deal. Insure.com has done the research for you. Get more information on auto insurance rates by city below.

Car insurance rates in Florida by city

Average car insurance cost in Florida by age of the driver

Age is also a consideration when it comes to auto insurance rates. Teens are more likely to be in automobile accidents than any other generation. For example, the average annual rate for young drivers in Florida is $4,043 while for seniors is $2,587. Here, the rate for young drivers is $1,456 more than the rate for senior drivers.

According to statistics, young drivers are more likely to be in a vehicle accident than more experienced drivers. As a result, they are deemed high-risk and costly to insure. They are considered a high-risk driver because of over-speeding and less driving experience on road. Although, premiums start to rise again about age 70 when some aspects of aging start affecting driving abilities.

Average car insurance cost in Florida for young drivers

The average car insurance cost for female young drivers in Florida is $3,893 per year or $324 per month and rate for a male young driver is $4,193 per year or $349 per month.

The average annual rates for young male and female drivers are listed in the table below:

Age of driver	Average annual cost for Male drivers	Average annual cost for Female drivers
18	$9,433	$8,403
19	$6,201	$5,621
20	$5,591	$5,060
21	$4,401	$4,008
22	$3,941	$3,699
23	$3,626	$3,435
24	$3,407	$3,265
25	$3,083	$3,049

Average car insurance cost in Florida for senior drivers

In Florida, the cost of car insurance for senior female driver is $2,593 per year or $216 per month and cost of car insurance for male senior driver is $2,581 per year or $215 per month.

Age of driver	Average annual cost for Male drivers	Average annual cost for Female drivers
65	$2,465	$2,507
70	$2,680	$2,644
75	$3,065	$2,987

Cheapest cars to insure in Florida

Make	Model	Average annual premium
Subaru	Forester 2.5I	$1,936
Mazda	CX-5 S	$1,942
Mazda	CX-30 S	$1,957
Subaru	Crosstrek 2.0I	$2,005
Subaru	Outback 2.5I	$2,036
Subaru	Crosstrek 2.5I Limited	$2,052
Chrysler	Voyager LX	$2,052
Ford	Transit Connect Titanium	$2,081
Hyundai	Venue SE	$2,094
Mazda	MX-5 Miata Grand Touring	$2,102

Most expensive cars to insure in Florida

Make	Model	Average annual premium
Maserati	Levante Trofeo	$6,709
Porsche	Taycan Turbo S	$6,300
Audi	RS E-tron GT	$6,223
Audi	R8 5.2L V10 Quattro Performance	$5,996
Jeep	Grand Wagoneer Series I	$5,811
BMW	M8 Competition XDrive	$5,798
Jeep	Wagoneer Series I	$5,669
Porsche	Panamera 4 E-Hybrid	$5,627
Audi	RS6 Avant Quattro	$5,396
Maserati	Quattroporte	$5,299

Note: For coverage limit: 100/300/50 liability with a $500 comprehensive and collision deductible.

Helpful car insurance calculators:

Methodology

Insure.com gathered data with the help of Quadrant Information Services from major insurance companies across Florida. The rates are based on the profile of a 40-year-old male who drives a 2021 Honda Accord LX with a clean record and full coverage policy.

The coverage limit for a full coverage policy is 100/300/100 liability with a $500 comprehensive and collision deductible. The numbers 100/300/100 represent $100,000 coverage for bodily injury per person, $300,000 in bodily injury per accident and $100,000 for property damage.