Average car insurance cost in Jacksonville, FL

Why you should trust Insure.com

Quality Verified

At Insure.com, we are committed to providing honest and reliable information so that you can make the best financial decisions for you and your family. All of our content is written and reviewed by industry professionals and insurance experts. We maintain strict editorial independence from insurance companies to maintain editorial integrity, so our recommendations are unbiased and are based on a comprehensive list of criteria.

The average car insurance cost in Jacksonville, Florida is $2,529 per year, according to Insure.com data. This is $31 less than the average auto insurance cost in Florida and $847 more than the national average, as analyzed by Insure.com.

The rates can vary wildly depending on where they are filed. City demographics, including population density and average resident age, will affect how much money you spend on premiums which could make it cheaper or more expensive than other areas with different factors like accident rates, theft and vandalism rates, etc.

The article covers information on – the cheapest car insurance providers in Jacksonville, the average car insurance rates by age, gender and how much is car insurance in Jacksonville based on coverage limits. Whether you’re a new driver or have been driving for years, this article can help you find the best deal on cheap car insurance in Jacksonville. Read on to learn more.

Cheap car insurance companies in Jacksonville

Geico offers the cheapest car insurance in Jacksonville, at an average of $1,379 per year with full coverage limits of 100/300/100.

The second cheapest company in Jacksonville is State Farm, offering car insurance rates at $1,836 per year.

As mentioned earlier, car insurance rates vary from one company to another because the factors used to calculate rates vary by insurer. Therefore, comparing quotes from multiple insurers is recommended to find cheap car insurance rates in Jacksonville before deciding on the policy that matches your requirements.

The table below lists the average annual and monthly costs for the various car insurance companies providing coverage in Jacksonville, Florida:

Read about the best car insurance companies.

Average car insurance cost in Jacksonville by coverage limits

In Jacksonville, the average car insurance rates based on coverage types are as follows:

• State minimum coverage: $893 per year (limits are 25/50/25)
• Liability only coverage: $1,540 per year (limits are 50/100/50)
• Full coverage: $2,529 per year (limits are 100/300/100)
• Non-owners coverage: $748 per year

In most states, drivers must have the state minimum coverage to drive legally, but these vary by state. However, state minimum coverage does not cover any vehicles listed on your policy in an at-fault accident.

To avoid compromising on the coverage and pay out-of-pocket expenses, it is better to have full coverage or non-owner coverage if you don’t own a car but borrow or rent one frequently.

Average car insurance rates by gender in Jacksonville

The average car insurance rate for a female driver in Jacksonville, Florida, is $2,645 per year.

While the rate for a male driver is $2,529 per year, which is $116 less than what female drivers pay, according to a rate analysis by Insure.com.

Women are considered to be safer drivers than men, and statistics have proved this, according to the Insurance Information Institute. They often pay less for auto insurance because of their lower rate of severe accidents than men.

Read more on how gender affects car insurance rates.

Average car insurance rates by age in Jacksonville

In Jacksonville, car insurance rates are the highest for teens, at $9,558 per year or $797 per month. The rates are higher for teenagers (16- to 19-year-olds) as they are more prone to road accidents due to their lack of experience on the road, according to the Insurance Information Institute. There are driving laws for teens to help them drive better. Also, teen insurance rates can be lowered by adding teens to a parent’s auto insurance policy.

Car insurance rates are bound to decrease as teens grow older and earn a good driving record. Young adults pay $4,188 per year for their car insurance which is $5370 less than what the teens pay for their insurance policy.

The car insurance rates in Jacksonville for adult and senior drivers are $2,600 and $2,608 per year respectively.

The car insurance rates for adults and seniors are lower than those for teens and young adults. “This is because they are more likely to obey the speed limits and follow the rules of the road,” says the Insurance Information Institute.

Read more on auto insurance for seniors.

The table below depicts the average annual rates for drivers of different age groups:

Car insurance rate trends in Jacksonville

If we look at the car insurance rates trends in Jacksonville, Florida, it was on an upward swing from 2016 to 2019. From 2019 to 2022, the rates increased overall by 22%, or $461.

The table below shows the trend for three years:

Conclusion

In conclusion, the insurance rates in Jacksonville, are lower than the average insurance cost in Florida. Shopping around and taking advantage of available discounts, drivers in Jacksonville can find affordable car insurance options. Additionally, many car insurance companies offer discounts for customers who purchase multiple policies through the same company.

Sources

• Insurance Information Institute. “What determines the price of my auto insurance policy,” Accessed June 2022.
• Insurance Information Institute. “Auto insurance for teen drivers,” Accessed June 2022.
• Insurance Information Institute. “Senior driving safety and tips,” Accessed June 2022.

Methodology

Insure.com, with the help of Quadrant Information Services, gathered data for car insurance rates in Jacksonville, Florida. The averages are rounded to their nearest sums. The data is based on the sample profile of a 40-year-old male driver who commutes 12 miles to work. All rates are based on the profile of a driver with a clean driving record, good insurance score, and full coverage policy.

The coverage limit for a full coverage policy is 100/300/100 liability with a $500 comprehensive and Collision deductible.

Prachi Singh

Contributing Researcher

 

 . .

Prachi is an insurance writer with a master’s degree in business administration. Through her writing, she hopes to help readers make smart and informed decisions about their finances. She loves to travel and write poetry.