Cheapest Auto Insurance in Panama City, Florida (2026)

If you live in Panama City, you can expect to pay an average of $150 per month for car insurance. While this means Panama City has some of the more affordable auto insurance rates in Florida, these rates are generally higher than those paid across the country.

Unfortunately, high rates are common in Florida. The state’s unpredictable weather and devastating hurricanes bear some of the blame, but it also has many uninsured and high-risk drivers. Insurance companies seek to spread out this risk by assigning higher rates to all insured drivers.

Here’s how to find cheap car insurance in Panama City, Florida.

Cheapest car insurance companies in Panama City

The best car insurance policy for you will depend on your driving and household needs. Some companies are more willing to insure drivers with incidents on their driving records.

The best way to find the best policy for you is to compare quotes from several different insurers. Included below are three of the top insurers in the area, as well as their average quotes in Florida for full-coverage and liability-only insurance.

Insurance Company	IQ Score The Insurify Quality (IQ) Score uses more than 15 criteria to objectively rate insurance companies on a one-to-ten scale. The Insurify editorial team researches insurer data to determine the final scores.	Full Coverage	Liability Only	Best For
State Farm	9.3	$116	$106	Affordable rates
GEICO	9.2	$179	$158	Coverage after a DUI
Mile Auto	8.8	$169	$129	Low-mileage drivers

Disclaimer: Table data sourced from real-time Panama City car insurance quotes from Insurify's 500+ partner insurance providers and quote estimates from Quadrant Information Services. Actual car insurance quotes in Panama City may vary based on the policy buyer's unique driver profile.

• How Insurify rates insurance companies

  Our editorial team spent more than 350 hours developing the Insurify Quality (IQ) Score and scoring insurance companies. The IQ Score objectively analyzes and calculates a score for insurers using more than 15 crucial criteria. The team weighted criteria by importance to the consumer — factors such as customer reviews and affordability influence the score more than availability and third-party ratings.

  We rate each company on a 1 to 10 scale based on five categories: financial ratings, customer satisfaction, affordability, customer support and transparency, and availability. Insurify updates ratings once a year or as more recent information becomes available.

  • Third-party financial ratings: Insurify uses data from AM Best, S&P, Moody’s, and more to compare insurance companies’ credit and ability to pay out future claims.
  • Customer satisfaction: To calculate this score, Insurify analyzed more than 55,000 customer reviews across 155 car insurance companies. We also consider third-party ratings from J.D. Power, the National Association of Insurance Commissioners, and Trustpilot.
  • Affordability: Our data scientists analyzed more than 90 million real-time auto insurance rates from our partners across the U.S., as well as available discounts, to calculate an affordability score.
  • Customer support and transparency: This measures coverage options, ease of claims filing, and the insurer's transparency surrounding discounts, coverages, and claims process.
  • Availability and reach: Insurify scores availability and reach by identifying the number of states in which insurers offer coverage and company size by market share.

Best insurer for affordable rates: State Farm

affordable rates

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User Reviews	4.0 7,246 reviews
IQ Score The Insurify Quality (IQ) Score uses more than 15 criteria to objectively rate insurance companies on a one-to-ten scale. The Insurify editorial team researches insurer data to determine the final scores.	9.3 /10
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.	$87/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.	$94/mo

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Driver Reviews

4.0

Best choice in Panama City, FLBased on 16,176 verified driver reviews and ratings

How drivers feel about State Farm

Customers appreciate the insurer’s excellent customer service and personal attention but dislike the high prices and frequent rate increases. They also express frustration with the claims process.

AI-generated from the text of verified reviews collected by Insurify

Best in Panama City for

Customer service

Competitive rates

Discounts for safe drivers

How drivers feel about State Farm

Customers appreciate the insurer’s excellent customer service and personal attention but dislike the high prices and frequent rate increases. They also express frustration with the claims process.

AI-generated from the text of verified reviews collected by Insurify

Best in Panama City for

Customer service

Competitive rates

Discounts for safe drivers

Showing 75 Florida reviews for Panama City drivers - See all 7,246 State Farm reviews

Susan

Verified Review

It's been great

Reviewed in Florida on March 17, 2026

They're great, but a little expensive.

Nancy

Verified Review

Excellent

Reviewed in Florida on March 16, 2026

Excellent customer service.

Nannette

Verified Review

Review

Reviewed in Florida on March 13, 2026

Last year was okay, but I have not received my bill for this year. If it keeps going up, I will have to find another insurer. I am a senior on Social Security.

Sandrs

Verified Review

Five Star Insurance Agency

Reviewed in Florida on March 11, 2026

Noelle is five-star excellent in every way and totally represents State Farm.

Sally

Verified Review

Frustrated with Insurance Companies

Reviewed in Florida on March 9, 2026

Car insurance, so far, is fine with State Farm. It's the homeowners policies I'm frustrated about. State Farm is higher priced and after about 40 years of paying them, when I needed help for the first time, they paid and then dropped me. Not okay!

Gary

Verified Review

Good customer service

Reviewed in Florida on March 8, 2026

Raised my rates without explaining why.

John

Verified Review

Price

Reviewed in Florida on March 7, 2026

You need to search the internet every 6 months as every auto insurer is raising prices differently.

Tajmahl

Verified Review

Rip-off

Reviewed in Florida on March 4, 2026

Not great, but better than $300 a month.

Rosemary

Verified Review

Too Expensive

Reviewed in Florida on March 1, 2026

Very expensive. I've been with State Farm for over 40 years with no claims, and they are still raising rates on me.

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Our Advice

JD Power

J.D. Power data measures overall customer satisfaction and claims satisfaction based on a 1,000-point scale.

657

NAIC Index

Average amount of customer complaints relative to competitors on a 0-5 scale. A lower score represents fewer complaints.

0.84

A.M. Best

A.M. Best analyzes an insurer’s financials, operating performance, business profile, and other factors to generate an opinion-based rating of a company’s financial and credit strength. Ratings range from A++ (exceptional) to D (poor).

A++

Why we picked this company

The nation’s leading insurer based on the number of policies written, State Farm offers some of the lowest rates in Florida. This means the company should be part of any insurance price comparison you start. State Farm also earns high marks for its customer service and financial stability.

Pros

• Excellent customer service ratings

• Easy online experiences

Cons

• Doesn’t offer gap coverage

• Can be expensive for drivers with poor credit

Best insurer for coverage after a DUI: GEICO

Coverage After a DUI

Compare Quotes

User Reviews	3.9 7,480 reviews
IQ Score The Insurify Quality (IQ) Score uses more than 15 criteria to objectively rate insurance companies on a one-to-ten scale. The Insurify editorial team researches insurer data to determine the final scores.	9.2 /10
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.	$130/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.	$147/mo

Show Details

Driver Reviews

3.9

A solid option in Panama City, FLBased on 16,435 verified driver reviews and ratings

How drivers feel about GEICO

Customers appreciate the reliability and customer service but find the rates to be high and increase frequently, even without claims or accidents. The app has improved, but some find the claims process lacking.

AI-generated from the text of verified reviews collected by Insurify

Best in Panama City for

Teen drivers

Cheap rates

Accident forgiveness

How drivers feel about GEICO

Customers appreciate the reliability and customer service but find the rates to be high and increase frequently, even without claims or accidents. The app has improved, but some find the claims process lacking.

AI-generated from the text of verified reviews collected by Insurify

Best in Panama City for

Teen drivers

Cheap rates

Accident forgiveness

Showing 75 Florida reviews for Panama City drivers - See all 7,480 GEICO reviews

Patricia

Verified Purchase

I have had a great experience with GEICO. They were easy to contact and I got a great rate. I would definitely recommend them to anyone.

Reviewed in Florida on March 12, 2026

I have had a great experience with GEICO. They were easy to contact and I got a great rate. I would definitely recommend them to anyone.

John

Verified Review

GEICO, Best Insurance

Reviewed in Florida on March 9, 2026

Cheapest in Florida hands down. I’ve tried to get coverage from other carriers and they can’t beat it.

Gerald

Verified Review

Auto Tesla

Reviewed in Florida on March 9, 2026

Great service.

Harley

Verified Review

Too expensive

Reviewed in Florida on March 9, 2026

I have not had any issues with Progressive. They are definitely cheaper than GEICO.

Andrzej

Verified Review

Lack of contact with agent is a big minus.

Reviewed in Florida on March 8, 2026

I am using the GEICO app and constantly getting messages asking me to install this app. Lately, they asked me to pay $7 (and some change) for something I don’t understand. It's impossible to find a phone agent to ask for an explanation.

Zaqueo

Verified Review

Happy

Reviewed in Florida on March 8, 2026

They have good prices and good customer service.

Mary

Verified Review

No contact with a human to answer questions.

Reviewed in Florida on March 8, 2026

I have attempted to reduce my costs because I don’t drive more than 50 miles a week. No one responds.

Roger

Verified Review

Raising rates for no reason other than greed

Reviewed in Florida on March 5, 2026

Rates just kept going up and up for no reason. Just corporate greed. Progressive is even worse. Dropping Progressive currently. Found insurance for $60 a month less with a lesser-known company.

John

Verified Review

Discounts for Auto Insurance

Reviewed in Florida on March 4, 2026

All was good until my policy lapsed for two or three days because I was in the hospital. Then, all of a sudden, my insurance jumped forty dollars a month, and it has remained there for some time. I feel like I am not getting the discounts that I should be receiving. I have had no tickets or accidents in over five years, yet I'm still paying a very high price for the cheapest insurance I could get. I shop all the time for insurance because I feel that Geico is not offering me the best deal.

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Our Advice

JD Power

J.D. Power data measures overall customer satisfaction and claims satisfaction based on a 1,000-point scale.

637

NAIC Index

Average amount of customer complaints relative to competitors on a 0-5 scale. A lower score represents fewer complaints.

0.59

A.M. Best

A.M. Best analyzes an insurer’s financials, operating performance, business profile, and other factors to generate an opinion-based rating of a company’s financial and credit strength. Ratings range from A++ (exceptional) to D (poor).

A++

Why we picked this company

Some companies refuse to insure drivers after a DUI because they see them as an almost guaranteed financial loss. But GEICO gives drivers a second chance in Panama City, and the company’s rates are generally more competitive than a lot of companies insuring drivers with DUIs.

Pros

• Will file an SR-22 or FR-44 with the courts on your behalf

• Offers comparatively lower rates for drivers with and without a DUI

Cons

• Local agent network can be limited

• Bundling discount smaller than with some other companies

Best insurer for low-mileage drivers: Mile Auto

low-mileage drivers

Compare Quotes

User Reviews	4.5 66 reviews
IQ Score The Insurify Quality (IQ) Score uses more than 15 criteria to objectively rate insurance companies on a one-to-ten scale. The Insurify editorial team researches insurer data to determine the final scores.	8.8 /10
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.	$106/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.	$138/mo

Show Details

Driver Reviews

4.5

Best choice in Panama City, FLBased on 192 verified driver reviews and ratings

How drivers feel about Mile Auto

Drivers appreciate the quality service but find the rates high and claim processing slow.

AI-generated from the text of verified reviews collected by Insurify

Best in Panama City for

Low-mileage drivers

Senior drivers

Cheap full coverage

How drivers feel about Mile Auto

Drivers appreciate the quality service but find the rates high and claim processing slow.

AI-generated from the text of verified reviews collected by Insurify

Best in Panama City for

Low-mileage drivers

Senior drivers

Cheap full coverage

Showing 3 Florida reviews for Panama City drivers - See all 66 Mile Auto reviews

Laura

Verified Review

Hindsight, y'all…

Reviewed in Florida on November 30, 2025

At first, it wasn’t so bad because my brother didn’t really do much driving, but as he started getting out and exploring, the bills got higher and higher. Many months we couldn’t get the app to work, and we would get stuck paying the max miles per month fee, and I would get a bill over $200! I can’t handle that anymore, so I’m looking for better rates.

Mark

Verified Review

Mile Auto Insurance

Reviewed in Florida on September 4, 2025

Don't buy Mile insurance if you drive great distances, i.e., 400 miles or more.

Janet

Verified Review

Mile Auto Insurance is Great

Reviewed in Florida on April 8, 2025

They are the most reasonable carrier. I've checked 15.

Our Advice

JD Power

J.D. Power data measures overall customer satisfaction and claims satisfaction based on a 1,000-point scale.

NR

NAIC Index

Average amount of customer complaints relative to competitors on a 0-5 scale. A lower score represents fewer complaints.

2.18

A.M. Best

A.M. Best analyzes an insurer’s financials, operating performance, business profile, and other factors to generate an opinion-based rating of a company’s financial and credit strength. Ratings range from A++ (exceptional) to D (poor).

NR

Why we picked this company

Car insurance in Florida can be expensive, but one way to reduce your cost is to look at an insurer like Mile Auto, especially if you’re a low-mileage driver. Mile Auto charges based on the amount you drive, and this can be an intriguing option for seniors, people who work from home, and others who rarely use their vehicles.

Pros

• Provides unmatched control over your insurance costs

• Great for retirees and people who seldom drive

Cons

• Not accredited by the Better Business Bureau

• May not be the best choice for people who drive frequently or professionally

How to get the cheapest car insurance in Panama City

Insurance companies look at several factors when deciding car insurance rates, including your home ZIP code, how many miles you drive, your credit history, your age, your driving record, and more.

Some of these considerations are outside your control, but here are some things you can do to reduce your car insurance rates:

• Compare several quotes at once. Pull quotes from several insurance companies with roughly the same coverage, and compare them directly to see how they stack up against one another.

• Take advantage of discounts. Insurers offer several different discounts for things like bundling, getting good grades, being a safe driver, and more. Ask your insurer what discounts are available to see what you may qualify for.

• Maintain a safe driving record. An incident like a speeding ticket, at-fault accident, or DUI can have a dramatic effect on your insurance rates. While accidents can’t always be avoided, you can easily ward against speeding or DUI to protect your insurance rates.

Find Cheap Car Insurance in Panama City, Florida

Liability rates start at $87 per month

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Cheapest liability-only car insurance in Panama City: State Farm

In Florida, liability car insurance pays for the other driver’s car repairs and your medical bills in an accident you cause. However, liability-only coverage won’t pay for any vehicle damage you sustain in the accident. As such, liability insurance is generally the most affordable coverage option, and the average rate for liability-only coverage in Panama City is $139 per month.

Here, you can see a collection of average quotes from top insurers in the area.

The below rates in Panama City, FL, are estimated rates current as of: Monday, March 9 at 12:00 PM PDT. 

Insurance Company	Average Monthly Quote
State Farm	$87
Mile Auto	$106
Progressive	$115
GAINSCO	$118
Direct Auto	$127
Mercury	$130
GEICO	$130
The General	$141
Bristol West	$144
Infinity	$145
National General	$148
AssuranceAmerica	$150
Allstate	$152
Travelers	$180
Root	$185
Dairyland	$243
Liberty Mutual	$266

Disclaimer: Table data sourced from real-time Panama City car insurance quotes from Insurify's 500+ partner insurance providers and quote estimates from Quadrant Information Services. Actual car insurance quotes in Panama City may vary based on the policy buyer's unique driver profile.

Cheapest full-coverage car insurance in Panama City: State Farm

Full-coverage car insurance provides the same protections as liability coverage but also covers your damage after an accident. This means full coverage is often more expensive, but the coverage can be worth it if you have an expensive car or a vehicle you would struggle to replace if it were totaled.

The average cost of full coverage in Panama City is $160 per month, and you can see average quotes from top insurers below.

The below rates in Panama City, FL, are estimated rates current as of: Monday, March 9 at 12:00 PM PDT. 

Insurance Company	Average Monthly Quote
State Farm	$94
Mile Auto	$138
GEICO	$147
Progressive	$150
Mercury	$157
Allstate	$165
Direct Auto	$172
National General	$173
Travelers	$196
Bristol West	$198
The General	$210
Infinity	$213
GAINSCO	$220
AssuranceAmerica	$239
Root	$241
Liberty Mutual	$267
Dairyland	$399

Disclaimer: Table data sourced from real-time Panama City car insurance quotes from Insurify's 500+ partner insurance providers and quote estimates from Quadrant Information Services. Actual car insurance quotes in Panama City may vary based on the policy buyer's unique driver profile.

Car insurance requirements in Florida

Florida is a no-fault state. This means each driver files a claim through their own insurance company for bodily injuries after an accident, regardless of who’s at fault. For this reason, Florida drivers must carry personal injury protection and property damage liability with certain limits to cover associated damages.^[1]

To drive legally in the state of Florida, your coverage must meet or exceed the requirements below:

Coverage	Minimum Requirements
Personal injury protection (PIP)	$10,000
Property damage liability	$10,000

While the coverage limits listed above meet minimum requirements, you may want to enhance your coverage with additional protections, including:

• 

  Bodily injury liability coverage

  While each driver’s PIP coverage goes toward their own medical expenses, the coverage has limitations. Bodily injury liability goes toward the other driver’s expenses that PIP doesn’t cover if you’re at fault for an accident.

• 

  Additional PIP coverage

  This supplemental coverage acts in addition to your traditional PIP coverage to protect you and your family.

• 

  Medical payments coverage

  This option covers medical expenses in a way that’s similar to health insurance and can supplement your existing coverage.

Cheapest car insurance for drivers with an incident

Insurance companies charge more after driving incidents to hedge their bets against future claims. Driving incidents include accidents, speeding tickets, DUIs, and other moving violations. In the case of a DUI, the company may refuse to cover a driver altogether.

In the sections that follow, you’ll see how each incident type affects the rates you pay in Panama City.

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Monthly rates start at $87 for drivers with an incident

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

Speeding tickets can be an indication of how safe a driver you are. Insurers believe the more you speed, the more likely you are to become involved in other risky behaviors.

The average cost of insurance for drivers with a speeding ticket is $174 per month in Panama City.

The below rates in Panama City, FL, are estimated rates current as of: Monday, March 9 at 12:00 PM PDT. 

Insurance Company	Clean Driving Record	With Speeding Ticket
State Farm	$87	$106
Mile Auto	$106	$125
Progressive	$115	$133
GAINSCO	$118	$135
Direct Auto	$127	$153
Mercury	$130	$175
GEICO	$130	$164
The General	$141	$182
Bristol West	$144	$175
Infinity	$145	$178
National General	$148	$177
AssuranceAmerica	$150	$184
Allstate	$152	$191
Travelers	$180	$225
Root	$185	$238
Dairyland	$243	$293
Liberty Mutual	$266	$326

Disclaimer: Table data sourced from real-time Panama City car insurance quotes from Insurify's 500+ partner insurance providers and quote estimates from Quadrant Information Services. Actual car insurance quotes in Panama City may vary based on the policy buyer's unique driver profile.

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

At-fault accidents can be among the most expensive claims an insurer must pay. And while accidents do happen, your insurer is apt to look at you as being higher-risk — and potentially more expensive — if you have an accident on your record.

The average cost of car insurance with an accident on your record is $189 per month in Panama City.

The below rates in Panama City, FL, are estimated rates current as of: Monday, March 9 at 12:00 PM PDT. 

Insurance Company	Clean Driving Record	With Accident
State Farm	$87	$112
Mile Auto	$106	$140
Progressive	$115	$145
GAINSCO	$118	$147
Direct Auto	$127	$169
Mercury	$130	$192
GEICO	$130	$165
The General	$141	$190
Bristol West	$144	$185
Infinity	$145	$183
National General	$148	$192
AssuranceAmerica	$150	$195
Allstate	$152	$199
Travelers	$180	$237
Root	$185	$242
Dairyland	$243	$315
Liberty Mutual	$266	$345

Disclaimer: Table data sourced from real-time Panama City car insurance quotes from Insurify's 500+ partner insurance providers and quote estimates from Quadrant Information Services. Actual car insurance quotes in Panama City may vary based on the policy buyer's unique driver profile.

Cheapest car insurance for drivers with a DUI: State Farm

A DUI is a dealbreaker for many insurance companies. Not only are they life-threatening for everyone the impaired driver encounters, but they’re also expensive for both the driver committing the DUI and the company insuring the driver.

Many insurance companies will drop drivers after their first offense, but GEICO, Farmers, and Travelers will insure a Florida driver, giving them a second chance. The average rate for car insurance for drivers with a DUI in Panama City is $213 per month.

The below rates in Panama City, FL, are estimated rates current as of: Monday, March 9 at 12:00 PM PDT. 

Insurance Company	Clean Driving Record	With DUI
State Farm	$87	$126
Mile Auto	$106	$154
Progressive	$115	$163
GAINSCO	$118	$171
Direct Auto	$127	$184
Mercury	$130	$196
GEICO	$130	$187
The General	$141	$205
Bristol West	$144	$209
Infinity	$145	$211
National General	$148	$215
AssuranceAmerica	$150	$218
Allstate	$152	$221
Travelers	$180	$261
Root	$185	$270
Dairyland	$243	$353
Liberty Mutual	$266	$386

Disclaimer: Table data sourced from real-time Panama City car insurance quotes from Insurify's 500+ partner insurance providers and quote estimates from Quadrant Information Services. Actual car insurance quotes in Panama City may vary based on the policy buyer's unique driver profile.

Cheapest car insurance for seniors: State Farm

Drivers generally enjoy the lowest insurance premiums during their middle-aged years. However, as eyesight weakens and reflexes slow, premiums climb again. This commonly happens around age 70.

If you’re a senior in Panama City, you can expect to pay around $135 per month on average for car insurance. Here, you can see how that stacks up against quotes that top insurers offer.

The below rates in Panama City, FL, are estimated rates current as of: Monday, March 9 at 12:00 PM PDT. 

Insurance Company	Liability Only	Full Coverage
State Farm	$70	$75
Mile Auto	$85	$111
GAINSCO	$102	$191
Progressive	$103	$135
Direct Auto	$105	$142
GEICO	$105	$119
Mercury	$106	$128
Infinity	$109	$159
National General	$119	$139
AssuranceAmerica	$120	$191
The General	$121	$180
Bristol West	$122	$168
Allstate	$126	$137
Travelers	$147	$160
Root	$158	$206
Dairyland	$210	$344
Liberty Mutual	$227	$228

Disclaimer: Table data sourced from real-time Panama City car insurance quotes from Insurify's 500+ partner insurance providers and quote estimates from Quadrant Information Services. Actual car insurance quotes in Panama City may vary based on the policy buyer's unique driver profile.

Cheapest car insurance for teens: State Farm

Teenagers are relatively inexperienced drivers. They’re also statistically more likely to engage in dangerous driving behaviors, like driving after dark and distracted driving. As such, teens are much more likely to be in a car accident. Insurance companies anticipate this and charge more up front to insure young drivers.

The average cost of teen car insurance in Panama City is $259 per month.

To lower rates, parents can keep young drivers on their policies and make sure teens take advantage of every discount available. Certain companies offer discounts for safe driving, good grades, being away at school, and more. Here, you can see the quotes offered by top insurers in the area.

The below rates in Panama City, FL, are estimated rates current as of: Monday, March 9 at 12:00 PM PDT. 

Insurance Company	Liability Only	Full Coverage
State Farm	$165	$178
Progressive	$199	$259
GAINSCO	$210	$392
Mile Auto	$214	$278
GEICO	$227	$257
Mercury	$235	$284
Direct Auto	$239	$324
The General	$241	$359
Bristol West	$251	$345
Infinity	$264	$388
Allstate	$294	$320
National General	$294	$343
AssuranceAmerica	$305	$486
Root	$311	$406
Travelers	$366	$399
Dairyland	$406	$667
Liberty Mutual	$457	$459

Disclaimer: Table data sourced from real-time Panama City car insurance quotes from Insurify's 500+ partner insurance providers and quote estimates from Quadrant Information Services. Actual car insurance quotes in Panama City may vary based on the policy buyer's unique driver profile.

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Panama City car insurance quotes by credit tier

Florida permits insurers to consider a driver’s credit report to create a credit-based score and factor that score into the quotes they offer. This means drivers with an excellent or good credit rating pay lower rates than drivers with fair or poor credit.

Here, you can see how your credit affects the quotes you get for car insurance.

Is car insurance more expensive in Panama City?

Generally speaking, Florida is one of the country’s more expensive states for car insurance. The average rate for full coverage in the state of Florida is $204 per month, and the average rate for liability-only coverage is $165 per month. 

Compare these rates against the national averages of $173 for full coverage and $99 for liability, and you can see that car insurance is more expensive in Florida.

More cities in Florida

Car insurance in Florida exceeds the national averages, but how do rates in Panama City stack up against other Florida cities? The table below shows you the differences.

The average rate for insurance in Panama City is $150 per month.

City	Average Monthly Quote
Apopka	$191
Daytona Beach	$175
Jacksonville	$184
Miami	$232
Orlando	$205
Pensacola	$165
Tallahassee	$165
Tampa	$233

Disclaimer: Table data is based on real-time Panama City quotes from Insurify’s network of 500+ insurance partners. Actual rates may vary depending on the policyholder’s individual profile and coverage needs.

Panama City car insurance FAQs