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Licensed property and casualty insurance agent
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Updated
Car insurance rates in Homestead tend to be more expensive than the Florida state average. Homestead drivers pay an average of $170 per month for liability insurance and $264 per month for full-coverage insurance.
Like other cities in Florida, Homestead’s insurance rates are higher than the national average due to the risk of wildfires, flooding, and hurricanes. For example, Hurricane Andrew caused catastrophic damage to the city in 1992.[1]
Even so, car insurance is cheaper in Homestead than in Miami, about 40 miles north. Miami has a much higher population density than Homestead and a higher crime rate.
By contrast, Naples, located about 110 miles northwest, has much lower insurance rates. This is likely because of its lower population density and low crime rates.
Insurify Car makes it affordable and easy to get same-day liability coverage
Homestead drivers pay an average of $170 per month for coverage that meets Florida minimum requirements. A full-coverage policy in Homestead averages $264 per month.
In Florida, drivers must have at least $10,000 in personal injury protection (PIP) and $10,000 in property damage liability insurance.[2] In Homestead, State Farm has the cheapest liability-only rates, averaging $92 per month.
State Farm has the cheapest full-coverage rates in Homestead, averaging $149 per month.
A full-coverage policy that includes collision insurance and comprehensive coverage offers financial protection against weather-related damage and vehicle theft.[3]
In addition to weather risks, Homestead has a high rate of vehicle theft. The city is part of Miami-Dade County, which ranked among the 20 counties with the highest vehicle theft rates in 2025, according to Insurify data.
The table below lists companies offering the cheapest liability-only and full-coverage policies in Florida.
Insurance Company  | Average Monthly Quote: Liability Only |
|---|---|
| State Farm | $92 |
| Progressive | $93 |
| Clearcover | $98 |
| Mile Auto | $99 |
| GEICO | $105 |
| Embark | $120 |
| Dairyland | $124 |
| Direct Auto | $138 |
| GAINSCO | $138 |
| Mercury | $140 |
| The General | $147 |
| Bristol West | $156 |
| Allstate | $161 |
| AssuranceAmerica | $161 |
| National General | $167 |
| Insurify Car | $179 |
| Root | $183 |
| Travelers | $190 |
| Hugo | $233 |
| Mendota | $258 |
| First Acceptance | $264 |
| Liberty Mutual | $265 |
Insurance Company | Average Monthly Quote: Full Coverage |
|---|---|
| State Farm | $149 |
| Progressive | $166 |
| Mile Auto | $187 |
| Mercury | $209 |
| GEICO | $217 |
| National General | $219 |
| Direct Auto | $233 |
| Clearcover | $244 |
| Bristol West | $245 |
| Allstate | $259 |
| The General | $281 |
| AssuranceAmerica | $294 |
| Embark | $298 |
| Travelers | $308 |
| GAINSCO | $330 |
| Root | $330 |
| Liberty Mutual | $345 |
| Dairyland | $369 |
| First Acceptance | $385 |
| Mendota | $407 |
Insurance rates in Florida vary significantly by city. In Homestead, the average cost of car insurance is $217 per month, compared to the Florida state average of $188 per month.
Rates are lower in Melbourne, a similarly sized city about three hours north of Homestead. Melbourne has a much lower population density, and drivers typically have shorter commutes, according to the U.S. Census Bureau.
As a result, drivers in Melbourne pay less for auto insurance coverage, with an overall average of $160 per month.
Fort Lauderdale, located about 70 miles north of Homestead, has a population density similar to Homestead and comparable insurance rates. On average, Fort Lauderdale drivers pay $217 per month for car insurance.
The following table shows average monthly auto insurance quotes in various Florida cities.
City | Average Monthly Quote |
|---|---|
| Apopka | $187 |
| Bradenton | $173 |
| Cape Coral | $168 |
| Clearwater | $174 |
| Davenport | $187 |
| Daytona Beach | $175 |
| Fort Lauderdale | $217 |
| Fort Myers | $178 |
| Gainesville | $156 |
| Homestead | $217 |
| Jacksonville | $186 |
| Jupiter | $163 |
| Lakeland | $175 |
| Melbourne | $160 |
| Miami | $238 |
| Naples | $161 |
| Ocala | $169 |
| Orlando | $207 |
| Palm Bay | $169 |
| Panama City | $146 |
| Pensacola | $159 |
| Pompano Beach | $221 |
| Riverview | $217 |
| Saint Petersburg | $184 |
| Sarasota | $157 |
| Spring Hill | $197 |
| Tallahassee | $166 |
| Tampa | $239 |
| West Palm Beach | $223 |
| Winter Haven | $180 |
Drivers in Homestead spend an average of almost 36 minutes commuting to work, significantly more than the state average of 28 minutes, according to the U.S. Census Bureau.
They tend to cover more miles, too. On average, Homestead residents drive 9,447 miles per year, according to Insurify data — about 6% more than the state average.
Homestead is home to the Homestead-Miami Speedway, a massive motorsports complex. The Homestead-Miami Speedway hosts events year-round.
With the NASCAR Championship Weekend returning to Homestead for 2026, crowds will increase significantly in November. As a result, Homestead residents can expect increased traffic, heavy congestion, and many tourists.
Historic downtown Homestead features shops, restaurants, and a variety of activities. While parking is generally plentiful, Homestead’s free trolley service offers a convenient way to make your way through the city instead of looking for cheap parking.
The trolley operates Monday through Friday from 6 a.m. to 6 p.m. and weekends from 10 a.m. to 2 p.m.
Upcoming construction projects in the city may affect traffic. The Southwest (SW) 152 Avenue bridge expansion over the C-103 Canal in Homestead will widen bridges and expand existing sidewalks, according to the City of Homestead website.
As the project gets underway, drivers may encounter road closures and detours.
Check quotes from 120+ top insurance companies
In Homestead, 2.8% of drivers have a ticket on their records, and 4% have an at-fault accident, according to Insurify data. Approximately 0.45% of Homestead drivers have a driving under the influence (DUI) conviction on their records, which is lower than the 0.63% rate for the state of Florida.
Because Florida is a no-fault state, you must file a claim with your own insurer after an accident, regardless of who caused it.
Insurance rates can increase after a single speeding ticket or infraction. To discourage speeding, Homestead recently launched a School Zone Speed Enforcement Program.
The program uses automated speed detection systems to enforce speed limits at designated high-risk school zones. Speeding drivers receive a $100 citation.
You can see the average monthly rates for Homestead drivers by driving record in the table below.
Driving Record | Average Monthly Quote |
|---|---|
| Clean driving record | $217 |
| Speeding ticket | $253 |
| At-fault accident | $276 |
| DUI | $283 |
A large percentage of teens live in Homestead. Nearly 30% of the city’s population is younger than 18. In comparison, teens make up just 19% of Florida’s state population, according to the U.S. Census Bureau.
Because of their inexperience on the road, teen drivers are statistically more likely to be involved in accidents than other age groups. In 2024, the Florida Department of Highway Safety and Motor Vehicles estimated that more than 205,000 teens were driving in Florida with a learner’s permit.
Unusual for Florida, which tends to attract large numbers of retirees, less than 9% of Homestead’s population is 65 or older, according to the U.S. Census Bureau.
Seniors have the cheapest insurance rates on average, since they often drive fewer miles per year and typically have years of driving experience.
The table below shows the average monthly rates for Homestead drivers by age group.
Age | Average Monthly Quote |
|---|---|
| Teens | $264 |
| 20s | $186 |
| 30s | $165 |
| 40s | $162 |
| 50s | $149 |
| 60s | $140 |
| 70+ | $145 |
*Quotes generated for Insurify users in and around Homestead, Florida within the last 10 days. Last updated on July 6, 2026. Actual quotes may vary based on the policy buyer’s unique driver profile.
*Quotes generated for Insurify users in and around Homestead, Florida within the last 10 days. Last updated on July 6, 2026. Actual quotes may vary based on the policy buyer’s unique driver profile.
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Licensed property and casualty insurance agent
25+ years of insurance experience
Anuj has 25+ years of experience in auto, home, and renters insurance. As a digital insurance agent at Insurify, he takes pride in helping customers understand their coverage and in offering risk-management strategies tailored to each customer’s needs.
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Licensed property and casualty insurance agent
14+ years insurance experience
Britney has 14+ years of experience in auto and home insurance. She’s committed to making sure customers feel informed and supported through every step of the insurance-buying process.
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Licensed property and casualty insurance agent
13+ years of insurance experience
Austin has 13+ years of personal lines experience. As a sales manager at Insurify, he mentors agents and partners with leadership to refine sales strategies and improve the customer experience.
The following information can help you find competitive rates with the best auto insurance companies in Florida.
Homestead drivers pay an average of $217 per month for car insurance — higher than the state average. You may be able to save money by bundling your policy with other types of insurance, such as homeowners insurance or renters insurance, and talking to your insurance agent about discounts.
Yes. Car insurance is relatively expensive in Homestead. On average, drivers pay $170 per month for liability insurance, a significantly higher rate than the state average of $188.
Homestead drivers tend to pay higher car insurance premiums because of the city’s higher population density, weather-related hazards, and Miami-Dade County’s high motor vehicle theft rate. Other factors affecting your insurance rates include your selected coverage limits, deductible, and driving record.
The company with the lowest rates for Homestead drivers is State Farm, with an average monthly premium of $92 for liability insurance coverage.
Yes, Florida is a no-fault state. This means you file a claim with your own insurer after an accident, regardless of who caused it. All Florida drivers must maintain insurance policies that satisfy the state’s personal injury protection (PIP) requirements.
Insurify data scientists analyzed more than 190 million quotes served to car insurance applicants in Insurify’s proprietary database to calculate the premium averages displayed on this page. These premiums are real quotes that come directly from Insurify’s 500+ partner insurance companies in all 50 states and Washington, D.C. Quote averages represent the median price for a quote across the given coverage level, driver subset, and geographic area.
Unless otherwise specified, quoted rates reflect the average cost for drivers between 20 and 70 years old with a clean driving record and average or better credit (a credit score of 600 or higher).
Liability-only premium averages correspond to policies with the following coverage limits:
Quotes for Allstate, Farmers, GEICO, State Farm, and USAA are estimates based on Quadrant Information Services’ database of auto insurance rates.
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9+ years in personal finance writing
Certified Financial Counselor
Licensed auto and home insurance agent
4+ years experience in insurance and personal finance editing
NPN: 20564519
Featured in
Licensed property and casualty insurance agent
10+ years editing experience
NPN: 21630969
At Insurify, our goal is to help customers compare insurance products and find the best policy for them. We strive to provide open, honest, and unbiased information about the insurance products and services we review. Our hard-working team of data analysts, insurance experts, insurance agents, editors and writers, has put in thousands of hours of research to create the content found on our site.
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