Florida car insurance rates are rising. Bankrate explains why and what you can do.
The average cost of minimum-coverage car insurance in Florida is 86% more than $72 — the national average — and 42% higher than $223 for full coverage. ; Florida has the third-highest average minimum-coverage premiums in the country and the sixth-highest average rates for full-coverage. ; The rising rate of fatal accidents, “no-fault” insurance laws and frequent severe weather all contribute to the high cost of car insurance in Florida.
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.
The best car insurance companies in Florida are Geico, Travelers, State Farm, Progressive and Allstate, according to our industry-wide research
auto insurance costs: Find the best car insurance ◾ Florida: $3,945 ◾ New York: $3,840... 80%, down 1% Why are car insurance rates so high? Car insurance rates depend on your location...
Looking for the cheapest car insurance in Florida? Bankrate is here to help.
Travelers and State Farm have the cheapest car insurance in Florida according to Forbes Advisor's 2024 analysis
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
Floridians pay 121% more for car insurance than national average, study finds "Florida has one of the highest percentages of uninsured drivers in the country," David Straughan, lead data...
Florida drivers pay a premium for car insurance. Bankrate helps you find the best.