Cheapest Auto Insurance in Miami, Florida (2024)

State Farm is the cheapest insurer in Miami, with a liability rate of $83 per month.

Jacqueline DeMarco
Jacqueline DeMarco
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Jacqueline has contributed content, and her personal finance passion, to dozens of noteworthy financial brands, including Credit Karma, Bankrate, and MagnifyMoney.

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Courtney Mikulski
Courtney MikulskiSenior Editor, Auto
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Mark Friedlander
Reviewed byMark Friedlander
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Mark FriedlanderDirector, Corporate Communications
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Konstantin Halachev
Data reviewed byKonstantin Halachev
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Konstantin HalachevVice President of Engineering
  • 7+ years experience in data analysis

  • Ph.D. in Computational Biology

Konstantin has led data teams across multiple industries, including insurance, travel, and biology. He’s led Insurify’s engineering team for more than three years.

Updated February 14, 2024 at 7:23 AM PST

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On average, drivers in Miami, Florida, pay more for car insurance than other Florida drivers. While the average monthly rate for full-coverage car insurance in Florida is $255, Miami drivers pay an overall average of $319 per month. Your location, even down to the ZIP code, plays a significant role in determining insurance costs.

Miami-Dade County reported more than 31,000 car crashes between January and July 2023, and Miami is susceptible to flooding, storm surges, and hurricane-force winds.[1] [2] Miami’s weather and accident rates contribute to more filed claims in the area and, thus, higher-than-average rates.

Here’s how you can find affordable car insurance in Miami and what you need to know during the insurance-shopping process.

Quick Facts
  • State Farm offers the cheapest liability coverage in Miami.

  • Florida’s minimum car insurance requirements are much lower than other states’ requirements — drivers only need personal injury protection (PIP) and property damage liability coverages.[3]

  • Miami’s extreme weather can cause property damage to vehicles and houses, which can increase car insurance costs in the area.[2]

Cheapest car insurance companies in Miami

When searching for the best car insurance companies in Miami, it’s crucial to carefully assess your unique needs, budget, and circumstances. The cheapest car insurance company for you can vary based on factors such as your driving record, the type of vehicle you own, and your coverage preferences.

Insurify identified the most affordable car insurance companies in Miami and highlighted their standout features.

Insurance CompanyIQ Score
The Insurify Quality (IQ) Score uses more than 15 criteria to objectively rate insurance companies on a one-to-five scale. The Insurify editorial team researches insurer data to determine the final scores.
Full CoverageLiability OnlyBest For
State Farm4.5$123$86Teens
GEICO4.2$154$108Seniors
Allstate4.2$262$183Drivers with an accident
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers and quote estimates from Quadrant Information Services. Actual quotes may vary based on the policy buyer's unique driver profile.
  • Insurify uses an in-house, proprietary method to rate and review the best car insurance companies. The Insurify Quality (IQ) Score uses more than 15 crucial criteria, including average premiums, customer satisfaction, discounts, third-party ratings, and more, to calculate a final score for a company.

    Criteria are weighted by importance to the consumer — factors such as customer reviews and affordability influence the score more than availability and third-party ratings. With the IQ Score, Insurify is able to provide quantitative ratings for drivers to better compare car insurance companies and make informed decisions to meet their coverage needs.

Best insurer for teens: State Farm

Compare personalized, real-time quotes
IQ Score
The Insurify Quality (IQ) Score uses more than 15 criteria to objectively rate insurance companies on a one-to-five scale. The Insurify editorial team researches insurer data to determine the final scores.
4.4
JD Power
J.D. Power data measures overall customer satisfaction and claims satisfaction based on a 1,000-point scale.
842
Liability Only
Liability-only insurance, sometimes called minimum-coverage insurance, pays for bodily injury and property damage to others in an accident the policyholder causes. It does not pay for the insured’s own damages.
$83/mo
Full Coverage
Full-coverage car insurance generally includes liability, collision, and comprehensive coverage, and may include other optional coverages such as uninsured motorist coverage. Collision covers a policyholder’s repair or replacement costs in case of an accident. Comprehensive covers damages caused by non-accident events. The average quote displayed here reflects policies with the following coverage limits: $50,000 bodily injury liability per person; $100,000 bodily injury liability per accident; $50,00 property damage liability per accident; $1,000 collision deductible; and a $1,000 comprehensive deductible.
$98/mo

State Farm offers liability and full-coverage insurance. It also provides additional coverages, such as medical payments, uninsured/underinsured motorists, rental car reimbursement, and roadside assistance that can give parents of teens peace of mind.

Pros
  • Various discounts to help teens save

  • Wide selection of coverage options

Cons
  • No gap insurance 

  • Holds a low average rating on Trustpilot

I am happy with their coverage. I just bought a new car, and my insurance quadrupled. YIKES.

Stacy - December 4, 2023
Verified

Friendly service.

John - December 4, 2023
Verified

Got insurance established fast.

Robert - December 3, 2023
Verified
Read our State Farm review

Best insurer for seniors: GEICO

Compare personalized, real-time quotes
IQ Score
The Insurify Quality (IQ) Score uses more than 15 criteria to objectively rate insurance companies on a one-to-five scale. The Insurify editorial team researches insurer data to determine the final scores.
4.3
JD Power
J.D. Power data measures overall customer satisfaction and claims satisfaction based on a 1,000-point scale.
833
Liability Only
Liability-only insurance, sometimes called minimum-coverage insurance, pays for bodily injury and property damage to others in an accident the policyholder causes. It does not pay for the insured’s own damages.
$86/mo
Full Coverage
Full-coverage car insurance generally includes liability, collision, and comprehensive coverage, and may include other optional coverages such as uninsured motorist coverage. Collision covers a policyholder’s repair or replacement costs in case of an accident. Comprehensive covers damages caused by non-accident events. The average quote displayed here reflects policies with the following coverage limits: $50,000 bodily injury liability per person; $100,000 bodily injury liability per accident; $50,00 property damage liability per accident; $1,000 collision deductible; and a $1,000 comprehensive deductible.
$100/mo

GEICO can help ensure senior drivers feel well taken care of by offering car insurance with affordable rates and personalized service. With 85 years of experience in the industry, GEICO provides seniors with the peace of mind they deserve. It offers free quotes and opportunities for car insurance savings through various discounts.

Pros
  • Highly rated mobile app

  • Bundling discounts available

Cons
  • No gap insurance

  • Low Trustpilot rating

Everything good except the price.

RAY - December 4, 2023
Verified

I have not had problems; prices just remain high with little to no customer service and little benefit from 26+ years of customer loyalty.

Elizabeth - December 3, 2023
Verified

I had been with them a few years until they started raising my rates every time I was up for renewal. I got a new quote from another company that was $50 less than GEICO for the same coverage. That's not how to show customer loyalty, and it's the reason GEICO lost me as a customer.

Denise - December 3, 2023
Verified
Read our GEICO review

Best insurer for drivers with an accident: Allstate

Compare personalized, real-time quotes
IQ Score
The Insurify Quality (IQ) Score uses more than 15 criteria to objectively rate insurance companies on a one-to-five scale. The Insurify editorial team researches insurer data to determine the final scores.
4.2
JD Power
J.D. Power data measures overall customer satisfaction and claims satisfaction based on a 1,000-point scale.
849
Liability Only
Liability-only insurance, sometimes called minimum-coverage insurance, pays for bodily injury and property damage to others in an accident the policyholder causes. It does not pay for the insured’s own damages.
$145/mo
Full Coverage
Full-coverage car insurance generally includes liability, collision, and comprehensive coverage, and may include other optional coverages such as uninsured motorist coverage. Collision covers a policyholder’s repair or replacement costs in case of an accident. Comprehensive covers damages caused by non-accident events. The average quote displayed here reflects policies with the following coverage limits: $50,000 bodily injury liability per person; $100,000 bodily injury liability per accident; $50,00 property damage liability per accident; $1,000 collision deductible; and a $1,000 comprehensive deductible.
$169/mo

Allstate car insurance is especially beneficial for drivers facing high insurance rates following an accident. It offers easy access to knowledgeable agents and innovative tools like Drivewise, which can help safe drivers save money on their premiums.

Pros
  • Offers various discounts

  • Offers coverage for hybrids and classic cars

Cons
  • Higher average rates than other insurers

  • Low Trustpilot rating

Our agent was always available for questions and concerns.

Lyn - December 4, 2023
Verified

Prices keep going up.

Gilberto - December 2, 2023
Verified

They are overcharging me for basic insurance.

Brian - November 29, 2023
Verified
Read our Allstate review

How to get the cheapest car insurance in Miami

Getting affordable car insurance requires a little research on your part. Consider your budget, coverage needs, and vehicle type while you search for car insurance quotes. While you’re shopping for the most affordable rates in Miami, keep these helpful tips in mind:

  • Drive responsibly. Practice safe driving habits, comply with traffic laws, and steer clear of accidents and violations to maintain a clean driving record, as this can lower your insurance rates.

  • Bundle insurance policies. Consider bundling your car insurance with other policies, like renters insurance or homeowners insurance, to potentially qualify for discounts on multiple policies.

  • Ask about discounts. Don’t forget to inquire about available discounts, such as those for good driving habits, safety features, or good grades if there’s a teenager in your household.

  • Compare multiple quotes. Take the time to shop around and compare car insurance quotes in Miami from various insurance companies, leveraging platforms like Insurify to find a car insurance rate that suits your specific needs.

Find Cheap Car Insurance in Miami

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Cheapest liability-only car insurance in Miami: State Farm

Liability-only policies are the bare-minimum required coverages that Florida sets for all drivers, and they cover damages you cause to others in an accident. Liability insurance is typically cheaper than other policies because it’s the least amount of insurance you can legally buy. However, insurance companies still offer different rates to drivers for the same liability insurance policy, so it’s important to compare quotes among different insurers.

The average monthly cost of a liability-only policy in Miami is $292. State Farm offers the cheapest liability-only policies in Miami, at $83 per month.

Here are the cheapest car insurance companies in Miami for liability-only insurance.

The below rates are estimated rates current as of: Thursday, February 1 at 11:00 AM PST
Data reviewed by Konstantin Halachev
Headshot of Konstantin Halachev, VP of Engineering at Insurify
Konstantin HalachevVice President of Engineering
  • 7+ years experience in data analysis

  • Ph.D. in Computational Biology

Konstantin has led data teams across multiple industries, including insurance, travel, and biology. He’s led Insurify’s engineering team for more than three years.

Insurance CompanyAverage Monthly Quote
State Farm83
GEICO86
Hugo94
Allstate145
Mile Auto158
Safeco171
Travelers174
Mercury187
Liberty Mutual196
Direct Auto200
Midvale Home & Auto214
Progressive219
Infinity235
Foremost257
Dairyland260
AssuranceAmerica280
Bristol West339
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers and quote estimates from Quadrant Information Services. Actual quotes may vary based on the policy buyer's unique driver profile.

Cheapest full-coverage car insurance in Miami: State Farm

Full-coverage car insurance provides protection beyond liability to include comprehensive coverage and collision coverage. This type of insurance is especially beneficial for drivers with valuable vehicles, people living in areas prone to accidents or theft, or anyone who wants extensive coverage for personal and third-party damages.

On average, Miami drivers pay $346 per month for full coverage. State Farm offers the cheapest full-coverage policies in Miami, at $98 per month.

The table below shows the cheapest car insurance companies for full coverage in Miami.

The below rates are estimated rates current as of: Thursday, February 1 at 11:00 AM PST
Data reviewed by Konstantin Halachev
Headshot of Konstantin Halachev, VP of Engineering at Insurify
Konstantin HalachevVice President of Engineering
  • 7+ years experience in data analysis

  • Ph.D. in Computational Biology

Konstantin has led data teams across multiple industries, including insurance, travel, and biology. He’s led Insurify’s engineering team for more than three years.

Insurance CompanyAverage Monthly Quote
State Farm98
GEICO100
Hugo104
Allstate169
Travelers202
Mercury218
Mile Auto220
Safeco235
GAINSCO266
Liberty Mutual292
Direct Auto295
Infinity303
Midvale Home & Auto309
Progressive313
AssuranceAmerica376
National General379
Foremost389
Dairyland466
Bristol West483
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers and quote estimates from Quadrant Information Services. Actual quotes may vary based on the policy buyer's unique driver profile.

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Car insurance requirements in Florida

Like many other states, Florida requires a minimum amount of car insurance for every driver. Drivers must purchase personal injury protection and property damage liability coverages to legally drive.

PIP offers coverage for 80% of medical expenses, up to $10,000, for covered injuries, regardless of fault. And property damage liability pays for damages the insured driver causes. It’s important to maintain continuous coverage, even during periods when the vehicle isn’t in use.

Here are the coverages and minimum policy limits Florida drivers must have:[3]

CoverageMinimum Requirements
Personal injury protection$10,000
Property damage liability$10,000

Note that Florida’s car insurance minimums are extremely low — many other states also require bodily injury liability. If you drive with liability-only insurance, it’s possible that an accident’s damages and injuries exceed these coverage limits. In that case, you’d pay out of pocket for excessive costs.

Drivers should consider these additional coverage options that can provide extra protection:

  • illustration card https://a.storyblok.com/f/162273/x/169fdfde11/liability-coverage.svg

    Collision coverage

    Collision coverage pays for vehicle damages from collisions with other vehicles or objects such as trees, fences, and light poles, regardless of fault.

  • illustration card https://a.storyblok.com/f/162273/x/665da91bf7/comprehensive-coverage.svg

    Comprehensive coverage

    Comprehensive insurance covers theft and damages resulting from incidents other than collisions, such as fire, vandalism, falling objects, and weather hazards, including floods and hurricanes.

  • illustration card https://a.storyblok.com/f/162273/x/abffe6238f/financial-protection.svg

    Gap coverage

    Gap insurance covers the financial gap between your auto loan balance and insurance settlement in the event of a total loss, which is particularly useful if you financed or leased a vehicle.

  • illustration card https://a.storyblok.com/f/162273/100x100/3220fb55f1/broken-windshield.svg

    Glass coverage

    Glass coverage is a great option for protection from windshield and glass damage. In Florida, glass coverage has no deductible for windshield replacement, and some policies offer no-deductible coverage for side windows, rear windows, and glass sunroofs.

Learn More: How Much Car Insurance Do You Need?

Learn More: How Much Car Insurance Do You Need?

Cheapest car insurance for drivers with an incident

Finding the cheapest car insurance in Miami becomes incredibly important for drivers who have a track record of incidents, such as speeding tickets, driving under the influence (DUI) convictions, at-fault accidents, or other moving violations.

“Insurance companies assess your driving history, including any traffic violations, accidents, or claims you have made in the past,” says Mariano Demarin, president of Home Port Insurance Group. “If you have a history of accidents, speeding tickets, or other violations, insurance companies perceive you as a higher risk and may charge higher premiums as a result. Overall, it’s crucial to maintain a safe driving record to potentially qualify for more favorable car insurance rates.”

While the overall monthly average for Miami drivers with a clean record is $319, people with an incident on their motor vehicle records pay an average of $375 per month.

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Cheapest car insurance for drivers with a speeding ticket: State Farm

When you receive a speeding ticket, brace yourself for potential car insurance rate increases for several years. Speeding violations indicate a higher risk of accidents and claims. Consequently, insurance premiums are likely to spike as a result of a speeding ticket on your record.[4]

If you get a speeding ticket in Miami, you can expect your premiums to average around $375 per month. The cheapest insurer for drivers with a speeding ticket in Miami is State Farm, with a cost of $95 per month.

Here is a list of cheap car insurance companies for drivers with a speeding ticket in Miami.

The below rates are estimated rates current as of: Thursday, February 1 at 11:00 AM PST
Data reviewed by Konstantin Halachev
Headshot of Konstantin Halachev, VP of Engineering at Insurify
Konstantin HalachevVice President of Engineering
  • 7+ years experience in data analysis

  • Ph.D. in Computational Biology

Konstantin has led data teams across multiple industries, including insurance, travel, and biology. He’s led Insurify’s engineering team for more than three years.

Insurance CompanyAverage Quote: Liability OnlyAverage Quote: Full Coverage
State Farm95112
GEICO100116
Hugo120133
Allstate168196
Travelers206239
Safeco215295
Mile Auto224311
Direct Auto246362
Liberty Mutual246367
Mercury251293
Midvale Home & Auto264381
Progressive264378
Infinity290373
Dairyland313560
AssuranceAmerica356477
Bristol West400569
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers and quote estimates from Quadrant Information Services. Actual quotes may vary based on the policy buyer's unique driver profile.

Cheapest car insurance for drivers with an at-fault accident: State Farm

Your car insurance rates can also skyrocket following an at-fault accident. Insurance companies worry that drivers with at-fault accidents on their records are more likely to file future claims, which leads to higher rates to help balance out that risk.[4] During the first half of 2023, Miami-Dade County reported 196,000 car crashes, which is much more than neighboring Broward and Monroe counties combined.[1]

The overall average cost of car insurance for Miami drivers with an at-fault accident is $405 per month. The cheapest insurer for drivers with an at-fault accident in Miami is State Farm, with a cost of $103 per month.

If you’re seeking the cheapest average car insurance companies for Miami drivers with an at-fault accident on their record, consult the table below.

The below rates are estimated rates current as of: Thursday, February 1 at 11:00 AM PST
Data reviewed by Konstantin Halachev
Headshot of Konstantin Halachev, VP of Engineering at Insurify
Konstantin HalachevVice President of Engineering
  • 7+ years experience in data analysis

  • Ph.D. in Computational Biology

Konstantin has led data teams across multiple industries, including insurance, travel, and biology. He’s led Insurify’s engineering team for more than three years.

Insurance CompanyAverage Quote: Liability OnlyAverage Quote: Full Coverage
State Farm103121
GEICO108125
Hugo117130
Allstate181211
Travelers220256
Safeco236324
Mile Auto243338
Direct Auto264389
Liberty Mutual265394
Mercury269313
Infinity288372
Progressive288412
Midvale Home & Auto291420
Dairyland332595
AssuranceAmerica373501
Bristol West421600
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers and quote estimates from Quadrant Information Services. Actual quotes may vary based on the policy buyer's unique driver profile.

Cheapest car insurance for drivers with a DUI: State Farm

Getting a DUI can lead to a substantial increase in your car insurance rates, as car insurance companies view DUI convictions as a major red flag, signifying a high-risk driver prone to accidents and claims.

It’s important to prioritize responsible and sober driving to avoid DUIs and keep your insurance costs in check — and to keep yourself and other drivers safe on the road. If you have a DUI conviction in Florida, the state may require you to buy FR-44 insurance, which raises your liability requirements for at least three years.[5]

The overall average cost of car insurance with a DUI in Miami is $469 per month. The cheapest insurer for drivers with a DUI in Miami is State Farm, with a rate of $125 per month.

If you’re looking for the cheapest car insurance companies in Miami for drivers with a DUI on their record, check out the table below.

The below rates are estimated rates current as of: Thursday, February 1 at 11:00 AM PST
Data reviewed by Konstantin Halachev
Headshot of Konstantin Halachev, VP of Engineering at Insurify
Konstantin HalachevVice President of Engineering
  • 7+ years experience in data analysis

  • Ph.D. in Computational Biology

Konstantin has led data teams across multiple industries, including insurance, travel, and biology. He’s led Insurify’s engineering team for more than three years.

Insurance CompanyAverage Quote: Liability OnlyAverage Quote: Full Coverage
State Farm125148
GEICO130151
Hugo136151
Allstate219255
Mile Auto239332
Safeco258355
Travelers263305
Direct Auto271399
Mercury286334
Liberty Mutual296441
Midvale Home & Auto323467
Progressive331473
Infinity355458
Foremost388587
Dairyland393704
AssuranceAmerica423568
Bristol West512729
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers and quote estimates from Quadrant Information Services. Actual quotes may vary based on the policy buyer's unique driver profile.

Cheapest car insurance for seniors: State Farm

Generally, as drivers accumulate experience and enter their mid-30s, rates tend to decline. However, there is a shift around the age of 70, as premiums may see a slight rise due to considerations like potential health concerns and increased likelihood of accidents.[6]

Rates for senior drivers average $242 for liability coverage in Miami. The cheapest insurance for senior drivers in Miami costs $64 per month, from State Farm. The table below shows the insurers with the cheapest quotes for senior drivers in Miami.

The below rates are estimated rates current as of: Thursday, February 1 at 11:00 AM PST
Data reviewed by Konstantin Halachev
Headshot of Konstantin Halachev, VP of Engineering at Insurify
Konstantin HalachevVice President of Engineering
  • 7+ years experience in data analysis

  • Ph.D. in Computational Biology

Konstantin has led data teams across multiple industries, including insurance, travel, and biology. He’s led Insurify’s engineering team for more than three years.

Insurance CompanyAverage Quote: Liability OnlyAverage Quote: Full Coverage
State Farm6476
GEICO6879
Allstate117137
Mile Auto124173
Travelers138160
Safeco146200
Mercury153179
Direct Auto155228
Progressive160228
Liberty Mutual161239
Infinity181234
Dairyland212380
AssuranceAmerica219294
Bristol West274390
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers and quote estimates from Quadrant Information Services. Actual quotes may vary based on the policy buyer's unique driver profile.

Cheapest car insurance for teens: GEICO

Car insurance rates for teenagers and young adults are often considerably higher than those for older drivers, primarily due to their lack of experience and increased risk factors.[7] One effective method of securing affordable car insurance as a teenager is to remain on a parent’s insurance policy, as it typically offers more favorable rates.

Additionally, opting for a safe and reliable vehicle equipped with excellent safety features and maintaining good academic performance to qualify for good student or student away at school discounts can help teens get their hands on affordable insurance rates.

Rates for teen drivers in Miami cost an average of $449 per month for liability coverage. The cheapest insurer for teen drivers in Miami is GEICO, with a monthly cost of $125.

Take a look at the table below for some of the lowest average car insurance quotes available for teens in Miami, based on Insurify data.

The below rates are estimated rates current as of: Thursday, February 1 at 11:00 AM PST
Data reviewed by Konstantin Halachev
Headshot of Konstantin Halachev, VP of Engineering at Insurify
Konstantin HalachevVice President of Engineering
  • 7+ years experience in data analysis

  • Ph.D. in Computational Biology

Konstantin has led data teams across multiple industries, including insurance, travel, and biology. He’s led Insurify’s engineering team for more than three years.

Insurance CompanyAverage Quote: Liability OnlyAverage Quote: Full Coverage
GEICO125145
State Farm132155
Hugo156172
Allstate236275
Mile Auto280390
Safeco285392
Travelers292339
Liberty Mutual311464
Mercury320373
Direct Auto338498
Progressive366523
Midvale Home & Auto380549
Dairyland389698
Infinity406524
Foremost429649
AssuranceAmerica492660
Bristol West521742
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers and quote estimates from Quadrant Information Services. Actual quotes may vary based on the policy buyer's unique driver profile.

Miami car insurance quotes by credit tier

Florida auto insurance companies can use credit history to generate a credit-based insurance score that they use when determining insurance rates, although it can’t be the only factor insurers use.[8] Credit-based insurance scores play a crucial role in determining premiums, and people with excellent or good credit typically have lower rates due to their lower perceived risk. Conversely, drivers with poor credit may face higher premiums, reflecting their higher perceived risk.

This chart outlines the average monthly quotes for car insurance for Miami drivers with different credit scores.

Rates by Credit Tier

Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers. Actual quotes may vary based on the policy buyer's unique driver profile.

Is car insurance more expensive in Miami?

The average cost of full-coverage car insurance in the U.S. is $207 per month. However, Miami residents encounter a remarkably high average monthly premium of $346 for comparable coverage.

Car insurance rates can vary significantly based on a number of factors, like weather conditions, crime rates, and traffic volume specific to each city.[7] Compared to Miami, drivers in Fort Myers typically enjoy slightly lower monthly premiums, averaging $272 for full coverage, while Tampa drivers tend to face higher expenses, with an average of $377.

More cities in Miami

Miami stands out as one of the more expensive cities in Florida for car insurance rates. This higher average rate is likely due to the fact that Miami reported more instances of reckless driving than other Florida cities, like Winter Haven.[9] Fraud schemes, severe weather conditions, numerous accident-related court cases, a high volume of uninsured drivers, and higher medical and vehicle repair costs also contribute to Miami’s higher rates.

The following data compares average car insurance quotes in Miami with other major cities across Florida.

CityAverage Quote: Full CoverageAverage Quote: Liability Only
Fort Lauderdale$326$261
Fort Myers$272$199
Jacksonville$322$209
Lakeland$303$200
Ocala$264$177
Orlando$332$228
Pompano Beach$360$260
Tampa$377$314
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers. Actual quotes may vary based on the policy buyer's unique driver profile.

Miami car insurance FAQs

High-risk drivers in Florida should carefully research car insurance options for the best rates that meet their coverage needs. Additionally, Insurify answers some common questions about Miami car insurance below.

  • How much is car insurance in Miami?

    The average cost of car insurance in Miami is $292 a month for liability-only insurance and $346 a month for full-coverage insurance.

  • What are the cheapest car insurance companies in Miami?

    State Farm has the cheapest car insurance rates in Miami, with rates for liability coverage as low as $83 per month. GEICO and Hugo also offer affordable liability insurance in Miami, with rates of $86 and $94, respectively.

  • What are the best car insurance companies in Miami?

    Some of the best car insurance companies in Miami include Allstate, GEICO, and State Farm. While Insurify identified these insurers as the top companies, the best one for you depends on your budget and coverage needs. Make sure you compare quotes from at least three different insurers at the same coverage levels to find the best rate for your unique situation.

  • Why is auto insurance so expensive in Miami?

    Auto insurance is expensive in Miami compared to other Florida cities and the state average because of its accident rates and severe weather events. Miami-Dade County reported more than 31,000 car crashes in the first half of 2023, and the Miami area is susceptible to flooding and storms.[1] [2]

  • Is Florida a no-fault state?

    Yes. Florida is a no-fault state. This means that drivers file claims with their respective insurance companies for compensation and reimbursement for injuries after an accident.[10]

Methodology

Insurify data scientists analyzed more than 90 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 50+ 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:

  • Bodily injury limits between state-minimum rates and $50,000 per person, $100,000 per accident
  • Property damage limits between $10,000 and $50,000
  • No additional coverage
Full-coverage premium averages correspond to the same bodily injury and property damage limits in addition to:
  • Comprehensive coverage with a $1,000 deductible
  • Collision coverage with a $1,000 deductible

Quotes for Allstate, Farmers, GEICO, State Farm, and USAA are estimates based on Quadrant Information Services’ database of auto insurance rates.

Sources

  1. Florida Department of Highway Safety and Motor Vehicles. "Crash Dashboard." Accessed July 13, 2023
  2. City of Miami. "How does climate change impact City of Miami?." Accessed July 13, 2023
  3. Florida Department of Highway Safety and Motor Vehicles. "Florida Insurance Requirements." Accessed July 13, 2023
  4. III. "Do auto insurance premiums go up after a claim?." Accessed July 13, 2023
  5. Florida Department of Highway Safety and Motor Vehicles. "DUI Frequently Asked Questions." Accessed July 13, 2023
  6. III. "Senior driving safety and insurance tips." Accessed July 13, 2023
  7. III. "What determines the price of an auto insurance policy?." Accessed July 13, 2023
  8. The Florida Senate. "626.9741 Use of credit reports and credit scores by insurers.." Accessed July 13, 2023
  9. Florida Department of Highway Safety and Motor Vehicles. "Annual Uniform Traffic Citation Report." Accessed July 13, 2023
  10. Nolo. "Florida No-Fault Car Insurance Laws." Accessed July 13, 2023
Jacqueline DeMarco
Jacqueline DeMarco

During college, Jacqueline DeMarco interned at a retirement plan advisory firm and was tasked with creating a presentation on the importance of financial wellness. During her research into how money can affect our health, relationships and career, Jacqueline realized just how important financial education is. Jacqueline is a contributor for Insurify and has worked with more than a dozen financial brands, including LendingTree, Capital One, Credit Karma, Fundera, Chime, Bankrate, Student Loan Hero, ValuePenguin, SoFi, and Northwestern Mutual, providing thoughtful content to give readers insight into complex topics that they likely didn’t learn in school.

Courtney Mikulski
Edited byCourtney MikulskiSenior Editor, Auto
Courtney Mikulski
Courtney MikulskiSenior Editor, Auto
  • 3+ years producing insurance and personal finance content

  • Main architect of the Insurify Quality Score

Courtney’s deep personal finance knowledge extends beyond insurance to credit cards, consumer lending, and banking. She thrives on creating actionable content.

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Mark Friedlander
Reviewed byMark FriedlanderDirector, Corporate Communications
Mark Friedlander
Mark FriedlanderDirector, Corporate Communications
  • Corporate communications director for Insurance Information Institute

  • 20+ years in insurance and communications

As Director, Corporate Communications for Triple-I, Mark serves as the non-profit’s national spokesperson, sharing information and education on a wide array of insurance issues.

Konstantin Halachev
Data reviewed byKonstantin HalachevVice President of Engineering
Headshot of Konstantin Halachev, VP of Engineering at Insurify
Konstantin HalachevVice President of Engineering
  • 7+ years experience in data analysis

  • Ph.D. in Computational Biology

Konstantin has led data teams across multiple industries, including insurance, travel, and biology. He’s led Insurify’s engineering team for more than three years.

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