How much car insurance costs in Florida vs. New Jersey

Why you can trust Insure.com

Quality Verified

At Insure.com, we are committed to providing the timely, accurate and expert information consumers need to make smart insurance decisions. All our content is written and reviewed by industry professionals and insurance experts. Our team carefully vets our rate data to ensure we only provide reliable and up-to-date insurance pricing. We follow the highest editorial standards. Our content is based solely on objective research and data gathering. We maintain strict editorial independence to ensure unbiased coverage of the insurance industry.

Car insurance rates vary significantly depending on where you live. Insurance premiums in Florida and New Jersey differ widely due to state laws, traffic conditions and weather events, among other factors.

For instance, policyholders in Florida pay $224 a month for car insurance, while premiums for the same coverage in New Jersey are $159 per month, according to a data study by Insure.com.

Whether you’re moving from one state to another or simply curious about how your location impacts your premiums, understanding the difference in auto insurance rates can help you make informed decisions.

This guide provides a detailed comparison of car insurance rates between Florida and New Jersey and outlines the key factors influencing insurance premiums.

Average car insurance rates in Florida vs. New Jersey

In Florida, the average monthly car insurance premium is $224, while in New Jersey, it’s $159. For a 6-month policy, drivers in Florida typically pay $1,347, while New Jersey drivers pay an average of $951.

Policyholders in New Jersey typically face lower car insurance premiums than those in Florida. These differences are primarily driven by factors such as population density, weather patterns and state laws. However, individual rates vary depending on factors such as driving history, age, coverage limits, and ZIP code.

Below is an overview of average car insurance rates in Florida and New Jersey.

Premium type	Florida	New Jersey
Avg. Monthly Premium	$224	$159
Avg. 6 Month Premium	$1,347	$951
Avg. Annual Premium	$2,694	$1,902

Learn more about average monthly car insurance rates.

Florida vs. New Jersey: Rates by different coverage levels

If you compare car insurance rates between Florida and New Jersey, the cost will vary significantly depending on the type of coverage you choose. The annual rate in Florida is $2,694 for full coverage, whereas in New Jersey, it is slightly lower at $1,902. This difference reflects the varying risk factors and market conditions in both states.

Car insurance rates vary by coverage level because the more protection a policy provides, the higher the cost. Full coverage, which includes liability, comprehensive and collision coverage, is more expensive than basic liability-only insurance, which covers only damages to other driver’s vehicles and their injuries in an at-fault accident.

Below are the car insurance rates in Florida and New Jersey for various coverage levels and types.

Coverage type	Florida	New Jersey
Full Coverage – 100/300/100 BI/PD – 500 Comp/Coll	$2,694	$1,902
State Minimum BI/PD	$993	$853
Liability Only – 50/100/50 BI/PD	$1,629	$915
Non-Owners	$545	$459
Gap Insurance	$3,993	$2,797
SR22	$3,205	$2,314

Cheapest car insurance providers: Florida vs. New Jersey

Car insurance rates differ in Florida and New Jersey due to differences in state laws, risk factors, population density, traffic patterns, weather risks and repair costs, all of which contribute to the cost of coverage.

States with higher accident rates or natural disasters may have higher premiums, while those with more competition among insurers may see lower rates. The frequency and severity of claims, along with state-specific laws and discount programs, also influence the rates insurance companies offer.

Cheapest car insurance providers in Florida

State Farm offers the cheapest car insurance in Florida at $2,119 a year on average followed by Nationwide at $2,150 and GEICO at $2,214 a year.

The table below shows car insurance providers in Florida with affordable car insurance rates.

Company	Annual rate
State Farm	$2,119
Nationwide	$2,150
GEICO	$2,214
Travelers	$2,356
UAIC	$2,796
Progressive	$2,902
National General	$3,103
Farmers	$3,261
Mercury Insurance	$3,358
Allstate	$3,569

Cheapest car insurance providers in New Jersey

NJM has the cheapest car insurance rates in New Jersey with an average annual cost of $1,318. GEICO and Travelers also have affordable rates, at $1,563 and $1,706 respectively.

Below, you see car insurance providers with affordable rates for drivers in New Jersey.

Company	Annual rate
NJM	$1,318
GEICO	$1,563
Travelers	$1,706
Plymouth Rock Assurance	$1,737
Selective Insurance	$1,908
State Farm	$2,153
Progressive	$2,187
Farmers	$2,254
Allstate	$2,294

Our agents make it hassle-free to get the right quote.

Call (844) 814-8854

Ethan Available Now

Jack Available Now

Robbie Available Now

Ellie Available Now

Car insurance cost in Florida and New Jersey by ZIP code

Car insurance rates aren’t the same everywhere—your ZIP code comes into play. Even within the same state, your rates can vary significantly depending on your location.

Here’s a quick comparison of car insurance costs in Florida and New Jersey.

Car insurance cost in Florida by ZIP code

If you’re in Florida, you might be paying more or less for your car insurance based on your ZIP code. For instance, the 34953 ZIP code has the cheapest car insurance rates in Florida, among the top 10 most populous ZIP codes analyzed, with an average annual cost of $2,696.

Insurance companies also factor in the crime rates of a specific area, especially the frequency of car theft and vandalism. If a ZIP code has a higher rate of stolen vehicles or accidents, you might end up paying a bit more for coverage.

ZIP code	City	Annual rate
34953	Port St. Lucie	$2,696
34787	Winter Garden	$2,881
32828	Alafaya	$2,891
33647	Tampa	$2,966
33411	Royal Palm Beach	$3,088
33025	Miramar	$3,232
33311	Fort Lauderdale	$3,254
33024	Hollywood	$3,263
33023	Miramar	$3,321
33012	Hialeah	$3,473

Car insurance cost in New Jersey by ZIP code

Car insurance rates in New Jersey vary by ZIP code due to population density, traffic and crime rates. For example, among the top 10 most populous ZIP codes, the average annual rate in ZIP code 7111 is $2,641, while in ZIP 8753, it’s lower at $1,772.

Areas with more traffic and higher crime rates tend to have higher premiums. To save on insurance, consider shopping around, raising your deductible and looking for discounts like safe driving or bundling policies.

ZIP code	City	Annual rate
8753	Toms River	$1,772
8854	Piscataway	$1,888
8701	Lakewood	$2,121
7002	Bayonne	$2,266
7305	Jersey City	$2,340
7087	Union City	$2,409
7093	West New York	$2,409
7047	North Bergen	$2,511
7055	Passaic	$2,554
7111	Irvington	$2,641

Top car insurance providers: Florida vs New Jersey

Shopping for car insurance can be overwhelming, especially when you have so many options. Insurance rates vary from state to state based on a number of factors, such as driving habits, accident rates and insurance laws. Below, we’ll compare car insurance rates from top car insurance companies in New Jersey and Florida.

Top car insurance companies in Florida

State Farm tops the list with an overall ranking of 4.64 and a customer satisfaction score of 0.79. It’s a great option if you’re looking for an insurer with good customer service.

GEICO follows closely with a ranking of 4.39 and a customer satisfaction score of 0.69.

The table below highlights the top car insurance providers in the state, ranking them based on overall performance and customer satisfaction.

Company	Overall ranking	Customer satisfaction rating
State Farm	4.64	650
GEICO	4.39	629
Travelers	4.38	608
Progressive	3.37	587
Allstate	3.34	643
Farmers	3.29	616
National General	3.18	581

Top car insurance companies in New Jersey

NJM leads with an overall ranking of 4.92 and a customer satisfaction rating of 0.05, closely followed by GEICO at 3.96 with a satisfaction rating of 0.69. Travelers comes next with a ranking of 3.75 and a satisfaction score of 0.52.

When choosing an insurance provider, it’s important to consider the customer satisfaction rating. This rating reflects how well the company treats its policyholders, handles claims, and responds to customer concerns.

Company	Overall ranking	Customer satisfaction rating
NJM	4.92	711
GEICO	3.96	647
Travelers	3.75	628
Plymouth Rock Assurance	3.57	619
State Farm	3.34	652
Progressive	3.05	624
Allstate	2.77	624
Farmers	2.72	610

Comparing car insurance requirements in Florida and New Jersey

Florida and New Jersey laws require drivers to carry minimum liability car insurance coverage to drive on the road legally. However, the specific coverage requirements vary between the two states. Below is a detailed comparison of the minimum car insurance requirements in Florida and New Jersey:

Coverage requirement	Florida	New Jersey
Minimum coverage limits	10/20/10	25/50/25

Frequently asked questions

Is car insurance cheaper in Florida than in New Jersey?

Car insurance in Florida is generally expensive than in New Jersey. The average monthly cost in Florida is $224, which is $65 more than the average in New Jersey of $159.

Can I use my Florida insurance in New Jersey?

If you’re just visiting New Jersey for a short time, your Florida car insurance should cover you. Most car insurance policies provide coverage across the U.S., so if your Florida policy meets the state’s minimum requirements, it will generally apply in New Jersey as well.

However, if you’re planning to move to New Jersey and stay for a longer period, you’ll need to switch your car insurance to a New Jersey provider. Each state has its own insurance rules, and you are required to have insurance that meets the minimum requirements of the state where your car is registered. Maintaining a Florida policy while living in New Jersey could be considered insurance fraud, especially if you’re involved in an accident.

Are there specific minimum coverage requirements in Florida and New Jersey?

Florida and New Jersey have different minimum car insurance requirements. In Florida, drivers are required to have liability insurance with at least $10,000 for bodily injury per person, $20,000 for bodily injury per accident and $10,000 in property damage coverage.

New Jersey, on the other hand, mandates $25,000 for bodily injury per person, $50,000 for bodily injury per accident and $25,000 in property damage coverage. If you’re moving between these states, make sure your insurance meets the requirements of the state you’re in to avoid any gaps in coverage.

Shivani Gite

Contributing Writer

Shivani Gite is a personal finance and insurance writer with a degree in journalism and mass communication. She is passionate about making insurance topics easy to understand for people and helping them make better financial decisions.