The state of Florida is no different than other states that require drivers to be insured before they get behind the wheel of a vehicle. In the case of Florida, drivers pay some of the highest average premiums in the nation, at $1,101 per year for the state’s minimum required coverage and $2,364 per year for full coverage, according to 2021 data from Bankrate.com. Although you may only be required to carry liability coverage, full coverage is always a recommended option.
This article will review your options for the cheapest car insurance in Florida and a comparison of the cost of coverage from various insurers.
Cheapest Auto Insurance in Florida
Based on our analysis of the data from Bankrate.com, State Farm and Geico generally offer the lowest average premiums in Florida.
| Provider | Average Annual Full Coverage Premium* | Average Annual Minimum Coverage Premium* |
| State Farm | $1,739 | $842 |
| Geico | $2,085 | $841 |
| Allstate | $2,441 | $1,138 |
| Progressive | $2,573 | $1,356 |
| Direct General | $2,766 | $1,379 |
*Data provided by Bankrate.com
Cheap Car Insurance in Florida by City
In Florida, the cities with the cheapest full coverage premiums are Santa Rosa Beach, Freeport, and Defuniak Springs.
Where you live matters because one factor insurers review when determining your insurance premium is location. Urban areas are known to have higher rates of accidents, theft, and vandalism compared to rural areas or small towns. This means that you could be stuck paying a higher premium if you live in an urban area.
30 cities with the cheapest insurance in Florida
| City | Average Annual Full Coverage Premium* | Average Annual Minimum Coverage Premium* |
| Santa Rosa Beach | $1,752 | $726 |
| Freeport | $1,757 | $726 |
| Defuniak Springs | $1,770 | $725 |
| De Funiak Springs | $1,770 | $725 |
| Alachua | $1,775 | $796 |
| Newberry | $1,779 | $796 |
| Ponce de Leon | $1,781 | $707 |
| Gainesville | $1,782 | $800 |
| Micanopy | $1,785 | $798 |
| Waldo | $1,790 | $795 |
| Archer | $1,791 | $798 |
| Miramar Beach | $1,801 | $760 |
| Vernon | $1,813 | $711 |
| Chipley | $1,824 | $710 |
| Caryville | $1,824 | $710 |
| Hawthorne | $1,833 | $812 |
| Port St. Joe | $1,842 | $736 |
| High Springs | $1,844 | $797 |
| Malone | $1,848 | $709 |
| Bascom | $1,849 | $710 |
| Greenwood | $1,851 | $709 |
| Graceville | $1,852 | $710 |
| Campbellton | $1,852 | $711 |
| Westville | $1,852 | $710 |
| Marianna | $1,852 | $709 |
| Alford | $1,854 | $711 |
| Sneads | $1,859 | $710 |
| Grand Ridge | $1,859 | $710 |
| Bonifay | $1,860 | $710 |
| Cottondale | $1,863 | $710 |
*Data provided by Bankrate.com
Cheapest Car Insurance Rates in Florida With a Prior Accident
Bankrate’s data shows that the cheapest car insurance after an accident in Florida is State Farm, followed by Geico and Allstate. The companies with the lowest percentage increases are Geico and Allstate.
In addition to location, insurers will also review your driving record when making a decision about your rate. A good driving record is one free of accidents, so if you have one accident on your record, you can expect a higher premium.
Average Annual Full Coverage Premiums Before and After an Accident
| Provider | No Accident* | 1 Accident* | Difference |
| State Farm | $1,739 | $2,512 | 44% |
| Geico | $2,085 | $2,888 | 39% |
| Allstate | $2,441 | $3,393 | 39% |
| Progressive | $2,573 | $3,955 | 54% |
| Direct General | $2,766 | $4,798 | 73% |
*Data provided by Bankrate.com
Average Auto Insurance Premiums in Florida by Credit Score
Your credit score can also affect your car insurance premium. Since this three-digit number gives insurers insight into your financial responsibility, it is an important and necessary piece of information. If you have a good credit score, that will help you get a lower premium, while bad credit will likely get you a higher premium.
According to Bankrate, the average cost for full coverage car insurance in Florida is $2,364 per year. That rate assumes a “good” credit tier. If you have poor credit, though, the average annual full coverage premium is $5,817, 146% higher than the rate for good credit.
Florida Car Insurance FAQs
Methodology
Reviews.com reviews products, services and companies based on five criteria to help readers understand how companies compare based on similar metrics. For the best car insurance companies, our editorial team compared affordability, customer support, coverage options, customer satisfaction scores and online resources from each company to determine top providers.
As for average pricing, we used Bankrate.com’s data of car insurance in Georgia, based on the profiles of a 40-year male and female. For full coverage, the details used were the following:
- $100,000 bodily injury liability per person
- $300,000 bodily injury liability per accident
- $50,000 property damage liability per accident
- $100,000 uninsured motorist bodily injury per person
- $300,000 uninsured motorist bodily injury per accident
- $500 collision deductible
- $500 comprehensive deductible
To determine minimum coverage limits, Bankrate used minimum coverage that meets each state’s requirements. Our base profile drivers own a 2019 Toyota Camry, commute five days a week and drive 12,000 miles annually.
These are sample rates and should only be used for comparative purposes.
Credit-Based Insurance Scores: Rates were calculated based on the following insurance credit tiers assigned to our drivers: “poor, average, good (base) and excellent.” Insurance credit tiers factor in your official credit scores but are not dependent on that variable alone. Four states prohibit the use of credit-based insurance scores as a rating factor in determining auto insurance rates: California, Hawaii, Massachusetts and Michigan.
Incidents: Rates were calculated by evaluating our base profile with the following incidents applied: clean record (base), at-fault accident.
About the Authors
The Reviews.com staff is dedicated to providing you with all the deep-dive details. Our writers, researchers, and editors came together from Charlotte, Seattle, San Juan, Fort Worth, Fort Lauderdale, San Diego, and Chicago to put this review together.
