Best Cheap Auto Insurance in St. Petersburg, Florida (2023)

With St. Petersburg’s higher-than-average car insurance premiums, it becomes crucial to compare quotes and seek discounts.

Jacqueline DeMarco
Jacqueline DeMarco
  • 13+ years writing insurance and personal finance content

  • Insurance, lending, and retirement expert

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

Featured in

media logomedia logo
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.

Featured in

media logomedia logo

Updated November 30, 2023 at 11:00 AM PST

Save up to $717 by comparing quotes from the top 70+ insurance companies

Secure. Free. Easy-to-use.
Based on 3,806+ reviews
4.8/5
Shopper Approved
ProgressiveLiberty MutualTravelers
Advertiser Disclosure

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.

We do receive compensation when a sale or referral occurs from many of the insurance providers and marketing partners on our site. That may impact which products we display and where they appear on our site. But it does not influence our meticulously researched editorial content, what we write about, or any reviews or recommendations we may make. We do not guarantee favorable reviews or any coverage at all in exchange for compensation.

Why you can trust Insurify: Insurify’s expert insurance writers and editors operate independently of our insurance partners. As an independent agent and insurance comparison website, we make money through commissions from insurers. But that does not influence any editorial content, including reviews. Learn more.

At the edge of Tampa Bay, St. Petersburg is home to plenty of cultural and beachfront experiences, plus slightly higher-than-average car insurance premiums. The average cost of car insurance in St. Petersburg is $385 a month for liability-only coverage and $453 for full-coverage insurance, far exceeding the national averages of $106 and $172 for respective coverages. 

The city’s high rates of tourism and 11% annual chance of hurricanes contribute to its comparatively expensive car insurance premiums.[1] Here’s how you can find affordable car insurance in St. Pete despite its higher-than-average rates.

Quick Facts
  • Full-coverage car insurance in St. Petersburg costs 163% more than the national average, but it’s only 3% higher than the Florida state average.

  • St. Petersburg drivers with poor credit pay 101% more, on average, than drivers with excellent credit.

  • Florida car insurance requirements include personal injury protection instead of bodily injury liability.[2]

Find Car Insurance in St. Petersburg, Florida

Insurify partners with 70+ top auto insurers to generate free quotes

Secure. Free. Easy-to-use.
Based on 3,806+ reviews
4.8/5
Shopper Approved
ProgressiveLiberty MutualTravelers

Best car insurance companies in St. Petersburg

Selecting the right car insurance company in St. Petersburg requires careful consideration of your individual needs and circumstances. The best car insurance company for you varies based on factors such as your driving history, vehicle make, and preferred coverage options.[3]

Get insights into a few of the cheapest car insurance companies in St. Petersburg and what makes them stand out from their competitors.

Best insurer for full coverage: 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.
$75/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.
$87/mo

State Farm presents a diverse selection of coverages for drivers in St. Petersburg, like comprehensive, collision, medical payments, and rideshare insurance. State Farm also offers supplementary coverages, like rental car insurance and roadside assistance. Notably, gap insurance is missing from its offerings, so drivers concerned about total losses should pick a different insurer.

Pros
  • No. 1 spot in J.D. Power's customer satisfaction study in Florida

  • Plenty of available coverage options

Cons
  • Gap insurance not available

  • Online quotes not available

I feel like I am being way overcharged for my insurance since I have had no accidents or tickets in the last 10 years.

Theresa - September 14, 2023
Verified

I really enjoyed working with them, I just couldn't keep up with the expensive rates.

Becki - September 13, 2023
Verified

I was 5 stars until the recent increase, without any explanation.

Norman - September 13, 2023
Verified
Read our State Farm review

Best insurer for discounts: 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.
835
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.
$77/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.
$89/mo

GEICO offers car insurance with relatively low average rates and a highly rated digital experience, drawing on 85 years of industry expertise. It offers plenty of discounts for drivers to save, including discounts for affiliations and organizations, owning a new vehicle, being a federal employee, and more. Plus, its mobile app lets policyholders file claims and manage their policies on the go.

Pros
  • Above-average J.D. Power claims satisfaction rating in Florida

  • Highly rated mobile app

Cons
  • Gap insurance not available

  • Rideshare insurance not available

Unwilling to work with clients. Especially senior citizens on a fixed income.

Janina - September 10, 2023
Verified

Awesome customer service, good prices, easy to deal with.

Kathleen - September 9, 2023
Verified

Good treatment in responding to questions and handling of my accident, especially because I was not at fault. No hesitation in paying the repair bill and then collecting from the at-fault insurance company client's policy.

James - September 7, 2023
Verified
Read our GEICO review

Best insurer for safe drivers: 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.
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.
$131/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.
$152/mo

If you prioritize safe driving, Allstate offers a chance to save more on your car insurance. Not only does it offer a discount for drivers who are accident- and claims-free, but it also offers a usage-based insurance app, Drivewise, which rewards safe drivers. Policyholders can get a discount just for signing up for the app and additional discounts on their premiums when their policy renews every six months.

Pros
  • Plenty of discounts

  • Coverage for hybrids and classic cars

Cons
  • Higher average rates than competitors

  • Below-average J.D. Power insurance-shopping satisfaction rating

Handled a claim ok, but they keep raising my price every 6 months.

Brigitte - September 13, 2023
Verified

Failure to allow me to reinstate my overage.

Joseph - September 9, 2023
Verified

Poor service. Hard to access online accounts.

Peter - September 3, 2023
Verified
Read our Allstate review

Cheapest liability-only car insurance in St. Petersburg

Liability coverage is often the cheapest car insurance you can purchase while still maintaining Florida car insurance requirements. However, liability coverage in Florida doesn’t pay for damages to your vehicle after an accident.

If you’re in St. Petersburg, take a look at the most affordable liability-only policies.

The below rates are estimated rates current as of: Thursday, November 30 at 11:00 AM PST
Insurance CompanyAverage Monthly Quote
State Farm75
GEICO77
Hugo85
Allstate131
Mile Auto140
Safeco155
Travelers156
Mercury169
Liberty Mutual177
Direct Auto180
Midvale Home & Auto194
Progressive201
Infinity217
Foremost229
Dairyland234
AssuranceAmerica252
Bristol West305
The General349
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 St. Petersburg

While liability insurance meets Florida’s minimum requirements, it might not be enough coverage for your needs. For more protection against financial losses, consider full-coverage car insurance, which includes comprehensive and collision insurance. This type of auto insurance coverage is particularly beneficial for drivers with high-value vehicles, people in areas with high rates of accidents or car thefts, or anyone who wants more coverage than what liability insurance provides.

If you live in St. Petersburg, Florida, check out the cheapest car insurance companies in the city below.

The below rates are estimated rates current as of: Thursday, November 30 at 11:00 AM PST
Insurance CompanyAverage Monthly Quote
State Farm87
GEICO89
Hugo93
Allstate152
Travelers181
Mile Auto192
Mercury197
Safeco212
GAINSCO240
Direct Auto257
Liberty Mutual264
Midvale Home & Auto278
Progressive280
Infinity284
AssuranceAmerica338
National General341
Foremost350
Dairyland419
Bristol West433
The General486
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.

Estimate your St. Petersburg car insurance costs

Select discounts that apply to you
Save 31%
Save 8%
Save 23%
Save 39%
Age
Credit Score
Are you insured
Your estimated deal

*Estimate based on a market average of rates provided to other users like you.

Select discounts that apply to you

Car insurance requirements in Florida

All drivers must meet Florida’s car insurance requirements, which means having both personal injury protection (PIP) and property damage liability insurance. PIP insurance covers 80% of medical expenses for covered injuries, up to $10,000, regardless of fault. Property damage liability insurance, on the other hand, takes care of the costs of property damage you cause in an accident.

Below are Florida’s minimum car insurance requirements:[2]

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

Florida’s minimum requirements are notably low compared to other state requirements. If you cause an accident with more than $10,000 in damages, you’re on the hook for the excess amounts. So, it’s a good idea to raise policy limits and add more coverage to your auto insurance policy. Consider adding these types of coverages to your auto insurance policy for more protection:

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

    Collision coverage

    Collision coverage pays for vehicle damages when you collide with a stationary object or another vehicle, even if you’re at fault.

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

    Comprehensive coverage

    Comprehensive coverage pays for vehicle damages from events other than collisions, including fire, vandalism, theft, falling objects, and natural disasters.

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

    Gap coverage

    For people financing or leasing their vehicles, gap coverage pays the difference between your auto loan balance and the insurance settlement in the event of a total loss.

  • illustration card https://a.storyblok.com/f/162273/x/5285c4cd74/uninsured-or-underinsured-motorist-coverage.svg

    Uninsured/underinsured motorist coverage

    If someone driving without insurance — or with policy limits too low to cover damages and injuries — causes an accident, this insurance kicks in to cover your costs.

  • illustration card https://a.storyblok.com/f/162273/100x100/24f1697280/car-key.svg

    Glass coverage

    This covers windshield and glass damage, and some policies even offer no-deductible protection for side windows, rear windows, and glass sunroofs.

Cheapest car insurance for St. Petersburg drivers with an incident

Incidents like speeding tickets, driving under the influence, at-fault accidents, or other moving violations on your driving record can lead to higher insurance premiums for St. Petersburg residents. Marks like these on your record signal to insurers that you’re at a higher risk of filing a claim, so companies raise rates to offset the risk.

However, for people with an imperfect driving record, it’s essential to find affordable car insurance that meets your needs.

Shop for Car Insurance in St. Petersburg

Insurify partners with 70+ top auto insurers to generate free quotes

Secure. Free. Easy-to-use.
Based on 3,806+ reviews
4.8/5
Shopper Approved
ProgressiveLiberty MutualTravelers

Cheapest car insurance for drivers with a speeding ticket

Speeding tickets can influence your car insurance rates, even if you didn’t cause an accident while speeding. St. Petersburg car insurance companies consider them indicators of risky driving behavior, heightening the likelihood of future accidents and claims.

If you’re searching for the most affordable car insurance companies in St. Petersburg and have a speeding ticket on your record, consult the table below.

The below rates are estimated rates current as of: Thursday, November 30 at 11:00 AM PST
Insurance CompanyAverage Quote: Full CoverageAverage Quote: Liability Only
State Farm10288
GEICO10490
Hugo10999
Allstate178153
Travelers211182
Mile Auto224164
Mercury230197
Safeco248181
Direct Auto300210
Liberty Mutual308207
Midvale Home & Auto325227
Progressive327235
Infinity332253
AssuranceAmerica395294
Foremost409267
Dairyland489273
Bristol West506356
The General568408
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

Causing an accident can result in a notable spike in your car insurance rates, as insurance companies view at-fault accidents as indicators of heightened risk for future claims. Pinellas County, which includes St. Petersburg and Clearwater, reported more than 16,000 car crashes in 2021, a 15% increase from 2020.[4] Prioritizing safe driving and avoiding accidents not only protects you and others on the road but also helps you get lower insurance premiums.

The table below shows the cheapest car insurance companies in St. Petersburg for drivers with an at-fault accident on their records.

The below rates are estimated rates current as of: Thursday, November 30 at 11:00 AM PST
Insurance CompanyAverage Quote: Full CoverageAverage Quote: Liability Only
State Farm11095
GEICO11297
Hugo118107
Allstate192166
Travelers229197
Mile Auto243177
Mercury249214
Safeco268196
Direct Auto325227
Liberty Mutual334224
Midvale Home & Auto351245
Progressive354254
Infinity359274
AssuranceAmerica427318
Foremost442289
Dairyland529296
Bristol West547385
The General614441
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

Having a DUI conviction can lead to much higher car insurance rates. Insurance companies consider DUIs a significant risk factor, pointing to a higher likelihood of accidents and claims. As a result, your insurance premiums are likely to rise significantly after a DUI. Additionally, Florida may require you to purchase FR-44 insurance and keep it on file with the state for three years. Florida FR-44 insurance requires higher insurance limits, which will also increase rates.

The table below shows the cheapest car insurance companies for drivers with a DUI in St. Petersburg.

The below rates are estimated rates current as of: Thursday, November 30 at 11:00 AM PST
Insurance CompanyAverage Quote: Full CoverageAverage Quote: Liability Only
State Farm127110
GEICO130113
Hugo136124
Allstate222192
Travelers265228
Mile Auto281205
Mercury288247
Safeco310227
Direct Auto376263
Liberty Mutual386259
Midvale Home & Auto407284
Progressive410294
Infinity416318
AssuranceAmerica495369
Foremost512335
Dairyland613343
Bristol West634446
The General711511
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 St. Petersburg seniors

Auto insurers consider your age when determining your car insurance premiums. As you gain driving experience and reach your mid-30s, rates usually decrease. However, around the age of 75, premiums may increase slightly due to factors such as potential health issues and higher accident risks.[5] 

Despite these new driving risks, seniors, who make up more than 19% of St. Petersburg’s population, still tend to pay lower average car insurance rates than other age groups.[6]

Here are the cheapest car insurance companies for seniors in St. Petersburg.

The below rates are estimated rates current as of: Thursday, November 30 at 11:00 AM PST
Insurance CompanyAverage Quote: Full CoverageAverage Quote: Liability Only
State Farm6153
GEICO6254
Hugo6560
Allstate10792
Travelers127109
Mile Auto13598
Mercury138119
Safeco149109
Direct Auto180126
Liberty Mutual185124
Midvale Home & Auto195136
Progressive196141
Infinity199152
AssuranceAmerica237177
Foremost245161
Dairyland294164
Bristol West304214
The General341245
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 St. Petersburg teens

Teenagers and young adults typically pay higher rates compared to older drivers, mainly due to their limited experience and higher risk profiles. For instance, drivers ages 15 to 19 accounted for more than 1,600 crashes in Pinellas County in 2021.[4] Finding affordable car insurance as a teen driver is important, but you can stay on your parents’ policy and take advantage of student-centric discounts to get lower rates.

Here are the cheapest car insurance companies in St. Petersburg for teens and young drivers.

The below rates are estimated rates current as of: Thursday, November 30 at 11:00 AM PST
Insurance CompanyAverage Quote: Full CoverageAverage Quote: Liability Only
State Farm134115
GEICO137118
Hugo143131
Allstate234201
Travelers278240
Mile Auto295215
Mercury303260
Safeco326238
Direct Auto395277
Liberty Mutual406272
Midvale Home & Auto427298
Progressive430309
Infinity436333
AssuranceAmerica519387
Foremost538352
Dairyland644359
Bristol West665469
The General747536
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.

How to get the cheapest car insurance in St. Petersburg

When you’re in search of affordable car insurance coverage in St. Petersburg, remember to follow these helpful tips:

  • Ask about discounts. When looking for the best rate, one of the best questions you can ask an insurance agent is if their company offers available discounts, such as those for good driving habits, vehicle safety features, or insuring multiple cars.

  • Practice good driving habits. Make safe driving a top priority to maintain a clean record. In addition to adhering to traffic laws, avoid accidents and keep violations to a minimum to pay lower premiums.

  • Bundle your insurance policies. Consider combining your car insurance with other insurance products, such as renters insurance, life insurance, business insurance, or homeowners insurance, to potentially qualify for multi-policy discounts.

  • Compare your options. It’s a good idea to compare car insurance quotes from various insurance companies in St. Petersburg. Insurers offer different rates to drivers, so comparison shopping is the best way to find the most cost-effective prices, based on your driving profile and coverage needs.

Find Auto Insurance in St. Petersburg, FL

Insurify partners with 70+ top auto insurers to generate free quotes

Secure. Free. Easy-to-use.
Based on 3,806+ reviews
4.8/5
Shopper Approved
ProgressiveLiberty MutualTravelers

St. Petersburg car insurance quotes by credit tier

Car insurance companies in Florida can use your credit score when underwriting your auto insurance policy, but they can’t rely solely on it.[7] Insurers believe that a driver’s credit score correlates to their risk of filing a claim; higher credit scores indicate lower claims risk, and lower scores mean higher risk.

For St. Petersburg drivers, maintaining an excellent or good credit score can often lead to lower premiums, and drivers with poor credit scores may pay higher premiums.

Here’s how much St. Petersburg drivers pay for car insurance, on average, based on 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 St. Petersburg?

Car insurance in St. Petersburg is more expensive, on average, compared to the national average and the state average. The average cost of car insurance in the U.S. is $106 a month for liability-only insurance, and full coverage costs $172.

However, St. Petersburg residents face a steep average monthly premium of $453 for full coverage. Keep in mind that car insurance rates can vary widely due to factors like weather conditions, crime rates, and traffic volume within a city and its ZIP codes.[3]

St. Petersburg and neighboring Tampa have an 11% chance of hurricane weather every year, according to AccuWeather.[1] Plus, St. Petersburg attracts millions of tourists every year, contributing to more traffic and higher rates of accidents.

illustration card https://a.storyblok.com/f/162273/150x150/7702052f80/states_florida.svg

Important Information

Florida drivers have the fourth-highest car insurance costs in the U.S., with an average annual premium of $2,412. Damage from Hurricane Ian contributed to record-breaking losses for insurers in 2022. Florida’s no-fault system presents additional challenges for insurance companies. Insurify’s 2023 Mid-Year Auto Report explores the reasons behind rising rates, why major insurers are leaving the state, and how new legislation could affect Florida drivers.

More cities in Florida

While St. Petersburg car insurance rates are higher than the state and national averages, the city still has lower rates than many other Florida areas, including its neighbor, Tampa. Here’s how average car insurance costs in St. Petersburg compare to other cities in the state.

CityAverage Monthly QuoteCompared to St. Petersburg
Fort Lauderdale$4765%
Hollywood$4622%
Jacksonville$4571%
Kissimmee$4612%
Lakeland$444-2%
Miami$50812%
Ocala$389-14%
Orlando$4785%
Tampa$56024%
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.

St. Petersburg car insurance FAQs

Below are the answers to common St. Petersburg car insurance questions. You can also check out Insurify’s guide on why your car insurance rates might be so high while you shop for quotes.

  • How much is car insurance in St. Petersburg?

    The average cost of car insurance in St. Petersburg is $385 a month for liability insurance and $453 a month for full coverage.

  • What are the best car insurance companies in St. Petersburg?

    Some of the best car insurance companies in St. Petersburg include Allstate, GEICO, and State Farm. These insurers have low average premiums, high J.D. Power customer satisfaction ratings, and solid Insurify Quality (IQ) Scores. But the best car insurance company for you depends on your specific needs and budget. Always compare quotes from different companies to find the best deal for the coverage you need.

  • What factors can affect your auto insurance premiums in St. Petersburg?

    The most important factors out of your control that affect auto insurance rates in St. Petersburg are the city’s weather patterns, traffic accident rates, and theft rates. St. Petersburg is susceptible to hurricanes and other storm damages, which can cause insurance losses in the area and increase rates. Plus, the city’s influx of tourists every year, and thus its higher risk of crashes, can also affect rates.

  • Why is auto insurance so expensive in Florida?

    Florida experiences property damage from storms and hurricanes every year. In September 2022, Hurricane Ian caused an estimated $112 billion in total damages. Furthermore, a recent report from the Insurance Information Institute explains that the insurance industry in Florida experienced more than $1 billion in underwriting losses in 2020 and 2021.[8] To offset these losses, insurance companies increased rates in the state — or stopped offering coverage altogether.

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. AccuWeather. "Top 5 US cities most vulnerable to hurricanes." Accessed August 3, 2023
  2. Florida Department of Highway Safety and Motor Vehicles. "Florida Insurance Requirements." Accessed August 3, 2023
  3. III. "What determines the price of an auto insurance policy?." Accessed August 3, 2023
  4. Florida Department of Highway Safety and Motor Vehicles. "Traffic Crash Facts Annual Report 2021." Accessed August 3, 2023
  5. III. "Senior driving safety and insurance tips." Accessed August 3, 2023
  6. U.S. Census Bureau. "QuickFacts: St. Petersburg city, Florida." Accessed August 3, 2023
  7. 2011 Florida Statutes. "626.9741 Use of credit reports and credit scores by insurers.." Accessed August 3, 2023
  8. III. "Trends and Insights: Addressing Florida’s Property/Casualty Insurance Crisis." Accessed August 3, 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.

Featured in

media logomedia logo

Compare Car Insurance Quotes Instantly

Secure. Free. Easy-to-use.
Based on 3,806+ reviews
4.8/5
Shopper Approved
ProgressiveLiberty MutualTravelers

Latest Articles

View all