Florida car insurance rates are rising. Bankrate explains why and what you can do.
The average cost of auto insurance in Florida is $134 per month for minimum-coverage and $316 per month for full-coverage.
Finding affordable auto insurance is becoming more difficult for Florida drivers. "It got to the point where I was panic shopping," driver Mark Fitzpatrick says.
Geico offers the cheapest car insurance rates in Florida with average annual rates of $650 for minimum-coverage policies and $2,087 for full coverage.
Key takeaways ; Cheapest company for minimum coverage: Geico ; Cheapest company for full coverage: Progressive ; Cheapest company for drivers with prior incidents: Allstate
RELATED STORIES ; Your car insurance rates aren’t going to go down. Here’s why ; Florida car insurance rates sit above national average ; Car insurance costs are rising: Here’s why and what you can do
your auto insurance costs: Find the best car insurance ◾ Florida: $3,945 ◾ New York: $3,840 ◾ Louisiana: $3,618 The... but rates are up to 30% higher, it said in an earnings...
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Affiliate links for the products on this page are from partners that compensate us (see our advertiser disclosure with our list of partners for more details). However, our opinions are our own. See how we rate auto insurance products to write unbiased product reviews. Car insurance provides financial protection after a car accident. Driving uninsured can lead to tens of thousands of dollars in damages and injuries. A crucial component of your policy is your car insurance rates. Understanding how rates work can help you get the most competitive ...
Florida motorists pay the nation's highest auto insurance rates, and that trend is only going to go up