Need car insurance in Florida? Whether you live in Keys or Panhandle, this list will always be useful for you. It consists of all the cheap and best car insurances in Florida. All the insurance companies in the US offer customizable options with good customer satisfaction rates. In 2023 around 56% of Florida’s population was involved in accidents, none of the cars was insured, eventually all the owners have to pay for the damages from their own pocket.
What type of car insurance is required in Florida?
You know that it is illegal to drive without an insurance, so it is mandate for all the drivers to have following car insurance coverage like bodily injury for others, uninsured motorised coverage, and property damage liability coverage.
The chart below shows the amount for all the mandate coverages
| Coverage | Amount |
| Property Damage Coverage | $10k/Accident |
| Bodily Injury Coverage | $10k/Person & $20k/Accident |
| Uninsured Motorist Coverage | $10k/Person & $20k/Accident |
| Personal Injury Protection | $10k |
What is the average cost of a car insurance in Florida?
The avg. cost for a car insurance in Florida was around $3,600 in 2024 according to the analysis of thezebra.com. That is around 67.8% higher than the national avg of the US. and remember that the cost of car insurance may vary depending upon many factors like your age, your driving history, and where exactly you live.
Some individuals get the minimum coverage, while others are more protection oriented. On the top of the list we have Liberty Mutual Insurance that can save you a lot of money on auto insurance in Florida, which you can also customize according to your preference.
Here is a Chart for Best car insurance in Florida For 20 years old
| Companies | Median Annual Rates | Median Monthly Rates |
| UAIC | $4,100 | $341 |
| Geico | $4,515 | $375 |
| State Farm | $5,275 | $439 |
| Private Client Select | $5,964 | $495 |
| Travelers | $6,437 | $535 |
Cheap auto insurance in Florida for 30-year-old drivers
More the means more the experience so the plans got cheaper, as compared to 20 years old plan
| Companies | Median Annual Rates | Median Monthly Rates |
| State Farm | $2,238 | $185 |
| Geico | $2,255 | $187 |
| Travelers | $2,283 | $189 |
| UAIC | $2,538 | $212 |
| Nationwide | $3,380 | $281 |
Auto Insurance for 40 years old in Florida
| Companies | Median Annual Rates | Median Monthly Rates |
| Geico | $2,125 | $175 |
| Travelers | $2,155 | $175 |
| State Farm | $2,175 | $180 |
| UAIC | $2,395 | $185 |
| Nationwide | $3,335 | $278 |
Car insurance in Florida for 50 years old
| Companies | Median Annual Rates | Median Monthly Rates |
| Travelers | $1,960 | $163 |
| State Farm | $2,085 | $174 |
| Geico | $2,120 | $177 |
| UAIC | $2,305 | $190 |
| Nationwide | $3,150 | $263 |
For 60 years old
| Companies | Median Annual Rates | Median Monthly Rates |
| Travelers | $1,912 | $160 |
| State Farm | $1,968 | $164 |
| Geico | $1,960 | $163 |
| UAIC | $2,240 | $185 |
| Nationwide | $2,850 | $235 |
Conclusion
Choosing affordable car insurance in Florida can be difficult due to the state’s high accident rates and compulsory coverage requirements. However, by comparing rates and understanding the factors that premiums, drivers can find the best options to fit their budget.
For younger drivers, particularly those in their 20s, car insurance premiums can be expensive, with companies like UAIC, Geico, and State Farm offering good competitive rates. As drivers age and gain experience, insurance costs typically decreases, making the coverage more affordable for those in their 30s, 40s, and 50s. For example, Geico and State Farm are often among the least expensive options across various age groups.
Key factors in the cost of car insurance in Florida include age, driving history, and the type of coverage chosen. While the state’s average premium is higher than the national average, shopping around for quotes from different insurers like Liberty Mutual, Travelers, and Nationwide can help you find savings.
Ultimately, it’s crucial to ensure that you meet Florida’s minimum insurance requirements, which include property damage, bodily injury, and uninsured motorist coverage. By balancing the level of coverage you need with affordable options from top providers, you can protect yourself financially while staying compliant with Florida’s laws.
