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?
- Cheap Car Insurance in Florida: by City
- Best Rated Auto Insurance Companies in FL
- Cost of Car Insurance in Florida: by City
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.
Cheap Car Insurance in Florida
Location is one of the most important factors in the cost of insurance. Prices can differ drastically from city to city. For example, the average cost to insure a car in Liberty County, are $836 a year, which is 38% of the cost in Miami-Dade County. That’s about an extra $1,362 a year that a driver in Miami could pay over a driver in Bristol, FL.
Furthermore, each insurer has different claims experience in each city, so the prices within a city can be quite different as well. In Jacksonville, FL, the premium at the most expensive company could pay for nearly seven years (6.75x) the cost at the cheapest insurer. Below are auto insurance costs and the three cheapest companies for the largest cities in Florida averaged across our three policyholder scenarios.
Florida Auto Insurance — Get a Free Quote Online
Acceptance knows what makes a great Florida auto insurance policy: outstanding value for the money and first-rate customer service. We offer value to our customers with a diverse selection of auto insurance products, so you can get the policy that’s right for your needs, including these fundamental types of coverage:
- Florida requires drivers to carry at least $10,000 of personal injury protection (PIP) and $10,000 of property damage liability coverage.
Basic Liability Coverage
Drivers in this state are legally required to carry Florida auto insurance with at least the basic property damage liability coverage. This type of insurance covers the other driver’s property in the event of a collision for which you are at fault. Most serious collisions are far more expensive than that though, so it’s a good idea to consider additional coverage. However, Florida does not require bodily injury liability coverage. This means that if you are at fault in an accident and the other driver incurs accident-related medical expenses, your insurance would not cover any of it. Bodily injury liability insurance is highly recommended in Florida so you will be covered in case of an at-fault accident.
Personal Injury Protection
In Florida, all drivers are legally required to purchase personal injury protection, or PIP. This covers the majority of medical expenses for you and your passengers, regardless of who is at fault in an accident. This coverage also covers, in part, lost wages, all replacement services such as child car, housekeeping or lawn work. It also provides a death benefit.
Comprehensive and Collision Coverage
Adding comprehensive and collision protection to your policy is a smart move. A comprehensive and collision policy will cover your property repair and replacement costs following an accident — not just the other driver’s — and you can even add rental car coverage. Comprehensive coverage applies to things like fire, theft, vandalism and other types of damage, as well. If you’re worried about the monthly payments, Acceptance has you covered. You can always choose a higher deductible to lower your policy premiums.
Florida Car Insurance
Florida law requires residents of FL to have car insurance. You must purchase the minimum coverage amounts for both personal injury protection (PIP) insurance and property damage liability (PDL) car insurance.
Luckily, Florida offsets this coverage requirement by offering some of the lowest car insurance coverage minimums in the country.
Learn more about Florida’s car insurance requirements, the effects of traffic violations on premium costs, and how to get the best quotes on car insurance available.
FL Auto Insurance Requirements
Florida is a no-fault insurance state. If you are injured in an accident, your car insurance will pay your medical costs up to your policy’s limits, regardless of who caused the accident.
The minimum limits for Florida car insurance coverage are:
- $10,000 of no-fault or personal injury protection (PIP) insurance.
- $10,000 of property damage liability (PDL) insurance.
Personal Injury Protection
In addition to covering your part of any medical expenses and income loss that result from a car accident, your Personal Injury Protection, or PIP, insurance will also cover:
- Your child and other members of your household.
- Your child (when he or she is riding on a school bus).
- You (when you are a pedestrian or bicyclist involved in a car accident.)
- Passengers in your car who do not have their own PIP insurance and do not own a car.
Anyone in your car who has PIP car insurance will be covered by his or her own policy if you get in a car accident. Likewise, your PIP car insurance will cover you while you are a passenger in someone else’s car.
Property Damage Liability
Property Damage Liability (PDL) auto insurance in Florida will cover you for damages you cause in a car accident to someone else’s property, such as homes or buildings.
Cheap Insurance for Good Drivers in Florida
Good drivers can save money on car insurance if you have no at-fault accidents, speeding tickets, or DUIs. Insurance companies use your driving record as a way to predict what kind of risk you will pose to them. So, by not having any of these violations you are less risky and therefore cheaper customer for them. In addition to having a cheaper premium, some companies offer a Good Driver discount. While the amount varies based on your company, it can range between 5-10%. If we’re looking beyond just average rates and at individual companies, Nationwide seems to have the cheapest rates for good drivers.
Cheap Insurance for Bad Drivers in Florida
Having a bad driving record can be a huge burden for getting cheap car insurance — no matter your location. In Florida in 2017, a DUI raised rates an average of $934 a year. Other violations, such as an at-fault accident or a speeding ticket will also hurt your driving record. Based on our research, if you’ve had a DUI or at-fault accident, your best bet for cheap car insurance is to shop with Liberty Mutual, State Farm, or Nationwide.
Important Florida Auto Insurance Laws and Requirements
There are many different laws and regulations for Florida drivers, and some of these will heavily influence your monthly rate. For starters, Florida is a no-fault state. The no-fault portion of your cheap Florida car insurance policy is usually called Personal Injury Protection which covers you up to the limits of your policy, regardless of fault. Any person who has a vehicle in Florida for more than 3 months during a year must purchase PIP and Property Damage Liability insurance coverage. The 3 months do not have to be consecutive.
The state also requires Liability insurance, with a minimum of 10,000 in property damage. Unlike in 38 other states, Liability coverage for bodily injuries is not required in Florida.
Florida Car Insurance Guide
We’ll explain everything about car insurance in the Sunshine State: why it’s so expensive, what the requirements are and how you can get cheap car insurance in Florida.
Oh, and if you don’t have time to read all this, you can always go ahead and start comparing quotes for cheap car insurance. We love helping Florida drivers find the best deals on coverage. Let’s get started!
What are Florida’s Auto Insurance Requirements?
Florida has the lowest state minimum requirements out there: $10,000 in personal injury protection and $10,000 in property damage liability. Unlike in most other states, bodily injury liability — the part of your insurance that pays for injuries sustained by passengers in your car or in a vehicle you hit — is not required in Florida. It’s a wise idea to buy it, however, and most Florida drivers do.
Who Pays When Someone Gets Hurt in a Car Crash in Florida?
Florida’s a no-fault state for car insurance. This means that instead of filing a claim with the other driver’s insurance company when they’re at fault, you turn to your own PIP coverage. In Florida, PIP coverage pays for 80 percent of medical bills; 60 percent of lost wages; and $5,000 in death benefits (which is not much consolation, if you die.) That’s after paying the deductible. Not only that, but the maximum you can receive is $2,500, if you don’t suffer an “emergency medical condition” from the crash. That’s pretty stingy if you ask us. Many drivers also opt to carry medical payment (MedPay) coverage, which can pay for your medical bills. To increase potential payout after an accident, Florida drivers are also able to stack their insurance. This allows them to combine multiple limits with multiple policies.
So if Florida’s a No-Fault State, I Can’t Get Sued — Right?
Wrong. A lot of people think “no-fault” means they’re safe from lawsuits, and therefore can get along fine with the state minimum car insurance. But in Florida, someone who gets hurt in a car accident can sue the other driver if they a) suffer a permanent injury or b) end up with medical bills and lost wages that exceed their PIP insurance coverage.
Is it Easy to Get Cheap Car Insurance in Florida?
You’d think Florida auto insurance would be really cheap because the minimum requirements are so low. This is not the case. Florida is the sixth most expensive state for car insurance, according to the Insurance Information Institute. The average driver pays $1,140.84 per year. And that number can go way up, depending on who you are and where you live. In Hialeah, FL, one of the most expensive cities in the U.S. for insurance, a 26-year-old male driver with a clean driving record might pay an average of $3,272. That’s a lot.
The combination of Florida’s no-fault laws, subtropical weather, and high percentage of elderly drivers make it the fourth most expensive state for auto insurance. And while most residents end up paying almost $50 more than the national average every month, my research indicates that there are hundreds of dollars in potential savings just waiting to be found — and all it takes is a bit of comparison shopping to find the best car insurance option for you.
When I applied for the the state’s minimum coverage, I found that I could save $1,250 a year just by picking the right insurance company. Of the five quotes I got, State Farm was the best option for me at $1,274. Progressive followed closely behind at $1,356. Just because these two companies were the cheapest for me doesn’t mean they’ll be the cheapest for you, though. Getting auto insurance quotes is an insanely customized process, and I’d be a fool to recommend one company as the best for everyone.
The factors that influence how much auto insurance companies will charge you include your age, marital status, driving history, and even your ZIP code. On top of that, each insurer weighs those factors differently. So the best strategy for finding cheap car insurance insurance will always be to compare quotes — and I’d suggest getting at least five.
Expect to spend no more than 10 minutes getting each quote. You’ll probably have most of the general information committed to memory, but there are few things you might need to pull from your vehicle, like its make, model, configuration, and average annual mileage. After that, you’ll check some boxes, click a few buttons, and voila, you’ll have yourself a quote. (And if you really want to knock ‘em out, grab your vehicle’s VIN number that is listed on your proof of insurance — it’ll save time both on the phone and online.)
Intelligent seat belts
Honda, Mazda, Infiniti, and Mercedes-Benz use smart seat belts in certain models. Belts tense up and the seat automatically adjusts should a crash occur. Ford and Lincoln use inflatable seat belts on some models, and even have them on the second row of seats. When a crash occurs, the belt inflates across the passenger’s chest to protect it from crash forces.
Lane warning systems
This type of system monitors images and lines on the road. Through camera and transponder data, the system will warn if you drift out of your lane. Some manufacturers signal thru a flashing light or an alarm.
Adaptive cruise control
This is the latest in cruise control that uses radar to monitor the distance between you and another vehicle. When a crash is about to happen, it will go into brake mode, tighten the seat belts, and release the airbags.
Adaptive head rests
These head rests will move higher and go forward to help prevent whiplash. Rear-end crashes are a common occurrence, so this will help lessen the chances of a neck injury.
Adaptive headlights are the newest innovation. These have a greater range of motion that allows the area around a corner to be more visible. Many auto manufacturers are using this along with daytime running lights.
Other Safety Devices
From breathalyzer ignition locks to driver eye scanning for the fatigued driver, manufacturers are working on devices that alarm the driver when these concerns occur. Most drivers know that driving drunk or when tired is wrong, but will they pay attention if an alarm goes off is the bigger question.
The Enhanced Basics
Tire pressure monitoring systems help detect air loss. This prevents accidents involving a tire blowout, which can be extremely dangerous if a vehicle is going high speeds on a busy highway. Telematics such as the OnStar communication system can alert emergency personnel after an accident, and even unlock doors and track a vehicle’s location if it is stolen.
Safety features such as these can greatly reduce auto accidents and the injuries and fatalities that are a reality of our roadways. They can also help to get a driver a reduction in their auto insurance premiums. Florida auto insurance company AGIC Insurance, Inc. helps drivers to get the best Florida auto insurance quote for their budget. They will help drivers shop around for the best policy and get peace of mind that the driver and passengers will be adequately protected.
Florida Minimum Liability
Florida only requires that you buy two types of auto insurance. The first is personal injury protection (PIP), which automatically pays for up to 80 percent of the medical expenses for you and your passengers after a crash, regardless of who was at fault. PIP also covers 100 percent of “replacement services,” should you or your passengers need help with daily household tasks because of your injuries, and 60 percent of your wage losses if you’re unable to work. The second type of required insurance is property damage (PD) liability coverage, which pays for damages to other people’s property if you’re the one at fault. The minimum levels can be expressed in the shorthand 10/20/10, which means the following:
- $10,000 personal injury protection (PIP) coverage per person
- $20,000 personal injury protection (PIP) coverage per accident
- $10,000 property damage (PD) coverage per accident
While these amounts do offer some protection, there are many cases in which they wouldn’t fully cover you. Imagine you take your eyes off the road for a second, and cause a collision with a luxury car. If you’re seriously injured and have to take time off work, $10,000 of PIP probably won’t cover all the losses you incur from medical bills and lost wages. Likewise, you might have caused more than $10,000 worth of damage to the other car — a problem if you only had Florida’s minimum PD coverage. And importantly, if the other driver sues you for medical bills beyond what his own PIP covers, you’ll have to pay those out of pocket unless you had bodily injury (BI) liability coverage, which isn’t required in Florida.
But let’s say you weren’t the one at fault — there are still risks to carrying only Florida’s minimums. If your damages are more than your $10,000 PIP covers, there’s no guarantee the other driver will have liability insurance to make up the rest — or any auto insurance at all. In a situation like that, having uninsured motorist (UM) coverage on your policy would take the place of the other driver’s missing coverage, paying for your additional medical costs and the damage to your vehicle. It could be the only thing standing between you and a huge bill you don’t deserve. That’s why it’s a good idea to buy as much insurance as you can afford. (For more information on the various types of coverages, check out the Florida Department of Financial Services’ Automobile Insurance Toolkit.)
Your premium cost depends largely on personal factors: your age, credit score, how much you drive, and the type of vehicle you’re insuring, among other things. But because different providers will charge the same person more or less for the same coverage, the only way to find your cheapest rate is to compare personalized quotes. Still, there are many other important factors besides price, making our reviews of Florida’s top five auto insurers a good place to begin your search.
Florida Car Insurance Details
In addition to PIP (Personal Injury Protection), PDL (Property Damage Liability), and BIL (Bodily Injury Liability) insurance coverage, Florida auto insurance companies will also offer optional coverages such as collision, comprehensive, and uninsured and underinsured motorists coverage.
The insurance rate you are given is based on many factors including your driving record, your age, where you live, and the kind of car you drive. If you drivers license is in good status you will be eligible for better rates and if you live in a busy the city your insurance rates will be higher than smaller, less congested towns. Auto insurance providers do not figure their rates the same way so you will receive different rates for the same driver.
PIP or Personal Injury Protection
PIP or Personal Injury Protection insurance covers your injury-related expenses regardless of who was at fault in the accident. Covered benefits include some compensation for necessary medical expenses, lost wages, lost services, and funeral expenses.
Our Top 5 Picks for the Best Car Insurance in Florida
The next time you’re looking for auto insurance in the Sunshine State, you may be overwhelmed by the number of options available to you. Luckily, we took the time to evaluate the providers to see how they measured up against one another.
Keep in mind that your rates and experience may vary. Much of this depends on the coverage you choose, your personal driving record, your credit, and even your location.
Based on our research and consumer ratings, here are our top picks for your next auto insurance policy:
- Best Overall Satisfaction: USAA
- Best Customer Service: Allstate
- Lowest Premiums: Hanover or Allied
- Great If You Have a Perfect Record: Hanover
- Best If You Have a Less-Than-Perfect Record: Infinity
Each state has its own legal requirements for auto insurance. Here’s a look at the minimums in the state of Florida, which is a No-Fault state, in regards to both bodily injury and property damage liability coverage.
In Florida, bodily injury coverage is called PIP, or personal injury protection. This coverage protects the policyholder/driver, their family, and their passengers. This is different from the liability coverage other states require (to cover other drivers in case an accident is your fault).
Property damage liability pays for any damages you may cause to someone else’s property. This could include other vehicles, as well as buildings, structures, or other property.
While you can choose any insurance policy you want from any company you want, you need to ensure that your coverage meets at least these required minimums before driving in the state of Florida.
Property Damage Liability (PDL) Insurance
Property damage liability (PDL) insurance covers any damage that you, a family member or other covered individual driving your vehicle may cause to another person’s property while driving. If you rear end someone else’s vehicle or if you back over your neighbor’s mailbox, PDL insurance will cover the damages to the vehicle you rear-ended or replace your neighbor’s mailbox.
However, PDL will not pay out anything for damages your car may have incurred in either of these two scenarios. Hence the term “liability” in the name, as the insurance protects you from being liable to damage you may accidentally cause to another person’s property with your car. The state of Florida does not require you to carry coverage that insures your own vehicle, although it’s certainly recommended.
Personal Injury Protection (PIP) Insurance
Personal injury protection (PIP) insurance covers you, your family members, and individuals riding in your car without a registered vehicle and without PIP, in the event of a crash with injuries.
PIP coverage applies to all qualified individuals regardless of fault (who caused the crash or injuries) and is dubbed Florida’s no-fault insurance. Everyone who owns a vehicle must carry a PIP policy with minimum coverage of $10,000. PIP does not just apply to vehicular crashes but in several other incidents including:
- Pedestrians injured by vehicles
- Bicyclists injured by vehicles
- Children injured on school buses
Another type of insurance, bodily injury liability (BIL) insurance, covers medical and funeral costs you, a family member or other covered individual may cause while driving. This insurance is not required by the state, has higher coverage amounts and subsequently higher premiums. However, BIL decreases your liability if you or another covered person driving your car is the cause of a major accident.
Not requiring Bodily Liability Insurance (BIL) is another way in which Florida differs from most other states. Only one other state in the country, New Hampshire, does not require drivers to carry a policy with BIL. If you own any sort of major asset, including your primary residence, consider adding BIL coverage to protect yourself. The state minimum coverage will definitely not protect you in a serious accident.
Why No-Fault Insurance Is Offered
Florida is one of only a handful of states with no-fault auto insurance laws. The no-fault insurance laws were instituted to keep monthly premiums low by delivering quick payouts on behalf of at-fault drivers and avoiding costly lawsuits through limited liability.
When it comes to a medical claim in Florida, the first 10k of coverage will come from your own car insurance policy regardless of who is at fault.
Largely due to no fault laws, companies selling auto insurance in Florida can offer premiums that are lower than national averages. However, critics of no-fault laws say that the legislation protects at fault drivers from lawsuits that could result in loss of major assets too much so, resulting in more reckless driving. A reputable study published by the University of Pennsylvania confirms that no-fault insurance laws lead to more drinking while driving, greater incidents of speeding and higher fatality rates overall.
Aside from safety considerations, many criticize Florida’s no-fault system since it is often abused. Quick PIP payouts have to lead to instances where medical clinics fabricate or exaggerate injuries to reach the $10,000 maximum.
The Florida Department of Financial Services receives thousands of PIP fraud tips and makes hundreds of arrests each year.