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Florida Average Cost of Car Insurance Rates (2022)

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Courtney Roy

By: Courtney Roy

Edited by John Leach | Reviewed by licensed insurance agent, Amber Benka

Last Updated March 9, 2022

Why you can trust Insurify

Insurify partners with top insurance companies and is a licensed agent in all 50 states. However, the insurance experts writing our content operate independently of our partners. Check out reviews from over 3,000 satisfied customers, how we make money, our data methodology, and our editorial standards.

How Much Does Car Insurance Cost In Florida?

On average, car insurance rates for drivers in Florida are $331 per month, and $3966 per year. The average rates make Florida the 6th most expensive state in the country for car insurance rates and 33% more expensive than the national average.

Keep in mind that average auto insurance costs are determined by factors other than location. Based on your driving history, credit score, age and marital status you should be able to find insurance quotes and discounts so that your monthly payment is less than the averages cited here.

0.1%2.3%15.9%50%84.1%97.7%99.9%Average cost: $33150%

Insurify's comparison tool will help you make sure you're getting the best possible quote based on your needs and location. You can have peace of mind you're not paying any more than the average price in your state, and customers save $48 per month on average.

Best Florida Auto Insurance Rates

Insurify analyzed car insurance rates in the twenty most populous cities in Florida and has selected the following providers and quotes as the best rates for drivers in Florida.

Cheapest CompaniesQuotes
Progressive$65
GEICO$68
State Farm$128
Mercury$149
Direct Auto$160

Florida Car Insurance Rates by City

For drivers in Florida, it's important that you evaluate all of your potential insurance options to ensure you are finding the best rate. Based on internal Insurify data, here are the average cost of car insurance rates for drivers in the top 10 cities in Florida.

CityAvg. Monthly Rate
Fort Lauderdale$328
Hollywood$327
Jacksonville$277
Kissimmee$289
Miami$386
Orlando$309
Pompano Beach$334
Saint Petersburg$285
Tampa$383
West Palm Beach$361

What Is the Average Cost of Car Insurance in Florida by Age?

Florida drivers in their teens are considered very risky to insure and therefore face a jaw-dropping $608 in monthly insurance rates. Young adults shave off more than $200 as they gain more driving experience in their 20s.

People in their 30s, 40s, and 50s see a price slightly below the average. Florida treats retired and almost-retired drivers well, with prices $80 below the state average for folks in their 60s. Folks in their 70s and 80s see a bump due to slower reaction times and higher risk of incurring an accident, but they still pay less than most other age categories.

AgeAvg. Monthly Rate
Teens$608
20s$376
30s$302
40s$312
50s$294
60s$248
70s$250
>80s$275

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What Is the Average Cost of Car Insurance in Florida by Gender?

Although Florida does allow car insurance companies to use gender as a rating factor, men and women pay precisely the same amount for car insurance in the Sunshine State.

GenderAvg. Monthly Rate
Male$331
Female$331

Does Marital Status Influence the Average Cost of Car Insurance in Florida?

Is $420 a year enough reason for you to say, "I do”? Married drivers save $35 a month over their single counterparts, which sounds awfully romantic to the pocketbook.

Add financial stability to the pot and a higher average net worth, and the experts and economists say go ahead and tie the knot. Perhaps, car insurance savings is another motivation to walk down the aisle.

Marital StatusAvg. Monthly Rate
Married$306
Single$341

Minimum Car Insurance Requirements in Florida

All motor vehicles operated or parked on Florida roadways are required to be insured. Proof of insurance must be carried in your car at all times and must be available when:

  • Requested by law enforcement
  • Renewing vehicle registration
  • The vehicle is involved in a car accident

The minimum liability insurance requirements for private passenger vehicles in Florida[1] are:

  • $10,000 per accident for property damage

If it’s determined that an insured driver is at fault for an accident, this coverage pays for repairs to the property of the other involved parties. Additionally, property damage coverage can cover legal costs if the insured driver is involved in a lawsuit following the accident. Florida is a no-fault state, meaning both parties’ insurance providers will pay for expenses, regardless of which party caused the accident.

  • $10,000 per accident for PIP

Personal injury protection coverage, also referred to as PIP coverage, will cover the policyholder for medical payments they incur in the event of an accident. Depending on your plan, you may also receive non-medical benefits, compensating you for lost wages, household expenses, and even funeral costs.

How Does Credit History Affect Florida Car Insurance Rates?

The Sunshine State factors your credit into your car insurance rate. People with excellent credit pay $50 less than those with poor credit. Many people ask, "What does my credit have to do with my ability to drive?"

States like California, Hawaii, and Massachusetts have decided the answer is "nothing," but Florida and most other states allow insurance companies to use credit as a rating factor. Paying off debt, lowering your credit utilization to under 25 percent, and raising your credit score can lower your insurance bill.

Credit HistoryAvg. Monthly Rate
Poor$333
Average$326
Good$324
Excellent$275

What Is the Average Cost of Car Insurance in Florida for High-Risk Drivers?

"Safety first" is not just a mantra that saves lives. It also saves money. Common sense tells us that the safest drivers will pay the least, and safe drivers qualify for "good driver" and "accident-free" discounts. But what if your record is less than perfect?

Drivers with a speeding ticket in Florida should expect a slight bump to their monthly rate—plus fines. Drivers with an at-fault accident on their insurance record should expect to see monthly rates increase by around $54. Accidents happen, but driving safely and keeping a clean record are the best ways to avoid rate hikes. Remember, violations and accidents will stay on your insurance history for years to come. Still, you can still take a defensive driver course to reduce your monthly payment.

Driving HistoryAvg. Monthly Rate
No Violation$317
At-Fault Accident$371
Speeding$317

Tips for Researching Florida Car Insurance Rates

Insurance prices differ by location, company, and driver in Florida. The Sunshine State's no-fault system makes finding the right insurance a challenge for some folks.
Try a comparison tool like Insurify to compare up to 10+ real quotes and unlock savings and discounts. In less than two minutes, you can find the coverage you deserve at a price you can afford. No matter how humid it is outside, you can still save money on car insurance without breaking a sweat.

Top Auto Insurance Companies

Compare Top Auto Insurance Companies

Use Insurify for all of your car insurance comparison needs! Compare and connect directly with the top insurance companies to find the best rates as well as the most personalized discounts and coverage options. Insurify’s network includes over 200 insurance companies throughout the U.S. who can work with you to get you the right auto insurance policy at the cheapest price. See All Auto Insurance Companies

FAQs - Florida Car Insurance

  • There are many different factors that go into the how expensive your car insurance is. That said, some of the reasons why you could be paying so much for your insurance include: living in a state with high minimum insurance requirements, being a young or new driver, committing past traffic offenses like at-fault accidents or DUIs, and having a low credit score.

  • Auto insurance costs will vary between locations and insurance carriers, depending on the county Florida. Insurify analyzed the latest data for the five most populous cities in Florida to find you the cheapest quotes in each of these metropolitan areas.

  • The way to find the carrier with the best auto insurance ratings in Florida and save on your insurance premiums is to compare quotes from all companies in your area. Use a car insurance quotes comparison site like Insurify to compare up to 10+ real quotes for your specific driver profile and unlock savings and discounts. Rates can fluctuate greatly based on whether you're a safe driver or a high risk one, but you should never overpay. Insurify provides the cheapest car insurance quotes and companies in your area in just a few seconds.

  • During the past three years in the United States, national premium costs have risen an average of 4.5 percent annually. In states where quotes have risen, this figure has been 7.8 percent; and in those where rates have fallen, prices have decreased by approximately 6.0 percent. Individual rates by state will of course vary depending on the driver’s history and a multitude of factors.

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Methodology

The car insurance quotes displayed are based on an analysis of Insurify’s database of over 40 million quotes from 500 ZIP codes nationwide. To obtain representative rates, Insurify’s data science team performs frequent comprehensive analyses of the factors car insurance providers weigh to calculate rates including driver demographics, driving record, credit score, desired coverage level, and more.

Insurify’s analysis also incorporates the Insurify Composite Score (ICS) assigned to each insurance provider. The ICS is a proprietary rating that weighs multiple factors reflecting the quality, reliability, and health of an insurance company. Ratings used to calculate the ICS include Financial Strength Ratings from A.M. Best, Standard & Poor’s, Moody’s, and Fitch; J.D. Power ratings; Consumer Reports customer satisfaction surveys and customer complaints; mobile app reviews; and user-generated company reviews. 

With the above insights and ranking methods, Insurify is able to offer car insurance shoppers insight into how various insurance providers compare to one another in terms of both cost and quality. Note, actual quotes will vary based on unique attributes including the policyholder’s driver history and their garaging address.

Courtney Roy
Courtney Roy

Content Writer at Insurify

Courtney Roy is a financial and technology writer. He creates content that makes an actionable difference in the lives of his readers by helping them understand matters of personal finance. In addition to years of experience across multiple industries, Courtney has insurance licenses, a real estate license, and a degree in electrical engineering.

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Sources

  1. Florida Highway Safety and Motor Vehicles. "State Minimum Car Insurance Requirements." Accessed May 28, 2022