In Florida, car insurance is a must-have for drivers, with residents required to maintain a minimum of $10,000 in personal injury protection (PIP) and $10,000 in property damage liability. Whether you rely on I-4 or I-95 for your daily commute, it’s important to be properly covered while on the road. According to Bankrate data, the average Florida driver will spend about $3,462 for full coverage per year, much higher than the national average of $2,299 per year. Floridians can greatly benefit from comparison shopping for their car insurance c ...
Key Takeaways ; The average annual cost of a car insurance policy among insurers we analyzed is $2,068, compared to $1,459 a year ago. ; USAA has the lowest sample premiums in our study, but its policies are only available to current and former members of the military and their families. ; Erie, which is available in 12 states and Washington, D.C., has the lowest rates we found for teen drivers.
Best cheap car insurance for most drivers · Geico ; Best for drivers with spotty records ; Best for variety of discounts ; Best for military perks ; Best for low complaints
Our analysis found the best and most affordable car insurance companies for teens are Central Insurance, Erie Insurance and Country Financial.
Geico, USAA and State Farm are the best cheap car insurance providers in Idaho.
USAA, Nationwide and Travelers offer the best cheap car insurance for veterans and military families, according to Forbes Advisor's 2024 analysis.
After extensive industry research, our picks for the best car insurance for new drivers include USAA, Travelers, Geico, Nationwide and State Farm.
The best cheap car insurance for young drivers is offered by Central Insurance, USAA, Country Financial, Erie Insurance and Travelers.
Show All Rows *USAA is only available to current and former military members and their families.
According to our research, the top five cheapest car insurance companies are USAA, Central Insurance, Travelers, Auto-Owners and Country Financial. The lowest car insurance rates start at $38 for military-affiliated drivers and $52 per month for all other drivers. The best ways to save money on car insurance are determining coverage needs before buying, reviewing coverage regularly, comparing providers, improving your credit score and taking advantage of discounts.